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[PEN-L:6248] RE: Re: RE: Re: Happy Days Are Here Again



> Max Sawicky wrote:
>
> >The principal problem with the IMF is the conditions
> it attaches to loans.
>
> But that's their raison d'etre! It's like saying the
> problem with bloodletting is the overuse of leeches.
>
> Doug

The object of your critique was not the IMF but Democrats.

If most Democrats talked about the IMF the way Rubin and Summers
do and attached similar emphasis to it, it would be fair to call
the Dems "the party of the IMF."  But they don't.  To most of
them it's a) not a great concern; and b) prone to some dubious
practices which *may* be justifiable.

On another front, anybody remember HeCKeL and Jeckel?

mbs



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