Saturday, April 22, 2006

Ya gotta love it

For years, the US has backed its lackey institution, The International Monetary Fund, when it chides debtor nations for imbalances in spending, and issues calls for fiscal soundness (which means proof of an ability to pay back IMF loans) usually at the expense of social programs in the debtor nation. But now, the IMF has criticized the US for its lack of budgetary restraint and its failure to provide universal health care to its citizens, and the Bush administration doesn't like it, not one bit.

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