Christine Lagarde – head of the International Monetary Fund and former resident of and power player to Chicago at the same time President Barack Obama rose through the political ranks of that city as well, has been very-very busy of late orchestrating various bailout measures throughout Europe, further consolidating the power and influence of the IMF. This week she succeeds in bending Germany to her demands in a 40 billion dollar bailout of Greece.
(Christine Lagarde, left, has repeatedly forced the hand of Germany’s Angela Merkel, right, in supporting numerous bailouts of EU nations, placing increasing pressure on Germany’s own powerful economy.)
EXCERPT: (via Reuters)
Greece, markets satisfied by EU-IMF Greek debt deal
The deal, clinched at the third attempt after weeks of wrangling, removes the biggest risk of a sovereign default in the euro zone for now, ensuring the near-bankrupt country will stay afloat at least until after a 2013 German general election.
…The IMF’s share, less than a third of the total, will be paid out only once a buy-back of Greek debt has occurred in the coming weeks, but IMF Managing Director Christine Lagarde said the Fund had no intention of pulling out of the program. LINK
What is now underway in Europe is a battle of influence between the IMF’s Lagarde, and Germany’s conservative leader Angela Merkel where the individual autonomy of nations is at stake. Under Merkel, Germany’s own influence and position in Europe has strengthened, though the Euro-crisis and the IMF’s demands for further bailouts has stretched Germany’s own economic prosperity to its limits.
Make no mistake – Christine Lagarde would very much like to see Merkel replaced by somebody far more favorable to her own version of centralized one world order government, and this latest deal and the pressures it will inflict upon the German economy might prove the deciding factor in doing just that. If Germany’s economy were to collapse, it would initiate an economic crisis of epic proportions. The question now is whether or not Lagarde intends to do just that – or if Angela Merkel can successfully navigate around Lagarde and her increasingly powerful and Obama-supported IMF.
UPDATE: A reader sent along this quote from a discussion months earlier involving Christine Lagarde and her connection to Big Labor Globalist leader Leo Gerard and of course – Barack Obama. Certainly provides some food for thought…
Maurice Strong, Leo Gerard, and Christine Legarde are all three communists. They are all involved in the Chicago-centered conspiracy behind the man known as Barak H. Obama II. Where does the money come from to support the conspiracy?
There is a publicity-shy drug smuggling cartel in Chicago that is the fourth-leg of the conspiracy. Unfortunately, I have lost the name I had at one time. See ‘Note’ below.
Maurice Strong is involved heavily in the environmental movement; Leo Gerard in international labor movements, and Christine Lagarde in head of IMF. They are dedicated to destroying the sovereignty of the United States and the establishment of Global Social Justice under the United Nations. The money to support their activities comes from narcotics trafficking.
The corruption in Chicago runs deep, really deep.