Two Distractions With One DSK

Tyler Durden's picture

Who needs birds and stones when you have an insolvent fiat-based world and a IMF head fond of single (and/or) double-dipping. If anyone is still confused about the ritual sacrifice of the head of the world's bailout organization (if only on paper), here is Bill Buckler explaining how the immaculate timing of DSK's being dragged out of a plane and made into a full blown media farce achieved two very substantial targets: "First, it removes the “international” aspect of the moves the EU is
making to damp down the ongoing Greek (and others) debt crisis. That
turns the “sovereign debt crisis” into a strictly European problem and
makes sure the headlines keep coming. Second, the stoush of who the next
IMF head will be is now predicted to last until (at least) June 30.
This takes the spotlight off the winding down of the Fed’s QE2, which is
scheduled to end on - that’s right - June 30.
" David Copperfield would be so proud...

From William Buckler's latest edition of The Privateer:

Osama Bin Laden was simply “taken out” by US armed forces. That’s the official line anyway. IMF head Dominique Strauss-Kahn did not suffer so terminal a fate. He was simply stung, hauled off to jail and removed from his post. As with the Bin Laden episode, the timing could not have been improved upon. Strauss-Kahn was removed just as he was on his way to a meeting with European Union (EU) and Euro zone officials to “deal with” the latest flare up of the Greek debt drama. Presto, the Greek debt drama duly worsened, commodity prices fell some more (for a few days), the US Dollar rebounded and the Treasury’s debt limit was hit without a tremor.

As to Mr Strass-Kahn’s “indiscretion”, the entire thing is peurile in the extreme. In what has been called the “honey trap”, it had little to do with removing him as a potential rival to President Sarkosy of France in the next French elections. The whole idea was to put the IMF in disarray. This served and serves two purposes. First, it removes the “international” aspect of the moves the EU is making to damp down the ongoing Greek (and others) debt crisis. That turns the “sovereign debt crisis” into a strictly European problem and makes sure the headlines keep coming. Second, the stoush of who the next IMF head will be is now predicted to last until (at least) June 30. This takes the spotlight off the winding down of the Fed’s QE2, which is scheduled to end on - that’s right - June 30.

The IMF is usually portrayed in the mainstream media as a “Washington-based” international financial organisation. It is. There is only one nation which has enough voting power within the IMF to torpedo ANY major decision it makes all by itself. That nation is the US. Substantial IMF policy actions call for an 85 percent “approval” vote amongst the member nations. The US voting “quota” is 17 percent.

The only substantial IMF change would be a change in these voting quotas. The US quota has not changed. When the “emerging nations” won an increased vote, they won it from Europe, not the US.

Any questions?

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trav7777's picture

He shoulda been brighter than to rape the maid, then

Use of Weapons's picture

Psychological triggering episodes work on both predators (unwary, old, past their prime) and prey.

If you've not seen the classic photo op of DSK, Obama & Michelle, you should; if anything, that photo is DSK's epitaph. It is also a message; Mrs Obama is (look back on her photos at the Press dinner, where Mr. made his play, succeeded, and then 'got Bin Ladin' the next day - and look closely at her feral snarl at the Fox guy) the real smarts. And the one to take umbrage. And the one to determine the method of execution. (Not "Death by Water", but "La mort d'un pied-noir par la tentation de l'Afrique " -- http://www.youtube.com/watch?v=js2_hBDi2LI&feature=related _ )

Anyhow - kudos to Tyler. The substance of this was discussed the day after the initial arrest by a couple of people I know (and was largely my own interpretation, although I admit I missed the voting rights issue; I assumed that'd been altered a while back), who agree (roughly) with this analysis.

The real kudos is publishing this - about the only source on the planet who will at the moment, I feel. Barring the tin-foil hats & professionally paranoid about lizards*, of course.

 

 

 

 

 

*I pay attention to these the same way I pay attention to animals before an earthquake. Sure, they're fried, but they're also attuned.

Antipodeus's picture

You mean this one ?

http://nymag.com/daily/intel/2011/05/from_the_time_capsule_dominiqu.html

The body language is classic! (If open to a variety of interpretations, of course!)

http://dsk-2012.fr/world-actu-dsk/from-the-time-capsule-dominique-straus...

"Thank you for your service."

 

 

disabledvet's picture

i agree.  "he should have gone after the dog, too."

sherryw's picture

If not the maid, then some other opportunity to get him would have presented..

swamp's picture

He can't help himself. He's a victim of viagra and his arrogant past of impunity.

macholatte's picture

He shoulda been brighter than to rape the maid, then

 

That's right. He fucked up. He's human and he fucked up and the cops actually did their job and that's the whole story. All the rest is either coincidence or paranoid blather.

 

It is far better to grasp the universe as it really is than to persist in delusion, however satisfying and reassuring.
Carl Sagan

Use of Weapons's picture

We have also arranged things so that almost no one understands science and technology. This is a prescription for disaster. We might get away with it for a while, but sooner or later this combustible mixture of ignorance and power is going to blow up in our faces.

Carl Sagan

 

If you knew anything about chemistry, psychology, politics, and so on, ad infinitum, then you'd realise that "what the papers say" is short hand for "what you need to read between the lines to get hold of what is really there". If you don't realise this, you're a dangerous idiot. Or a useful idiot for someone with the wrong agenda - the two overlap in Venn diagram terms.

Antipodeus's picture

He doesn't (know much), obviously; you do, apparently.  I thought the whole thing smelled the first I heard about it.  It's all too terribly convenient for certain parties under the present circumstances, isn't it?

 

Mr Lennon Hendrix's picture

DSK said in an interview a few months ago that he was worried he would be framed for rape...so WHY WAS HE NOT TRAVELLING WITH HIS WIFE!  Dudes a rapist.

goldfish1's picture

No doubt DSK was set up for a fall of his own making. They discard whomever is expendable and convenient.

Racer's picture

Looks like no-one around or they aren't bothered about the euro problems and it is same as usual BTFD, in this case buy the Euro.

Can't have the dollar going up and ruining BTFes can you

Volaille de Bresse's picture

"This takes the spotlight off the winding down of the Fed’s QE2, which is scheduled to end on - that’s right - June 30." David Copperfield would be so proud..."

 

Hey hey you could very well have hit the nail on the head...

 

Or could this be the ugly truth :

"Obama, financial war and the elimination of DSK "

http://www.voltairenet.org/article170083.html

i-dog's picture

"http://www.voltairenet.org/article170083.html"

VERY interesting! Thanks for the link. I have been saying here since day 1 that it smells of a setup and of a power play between the Anglo-Merkan bankers and the Euro bankers. That article confirms even more than I was aware of.

trav7777's picture

of course, everything is a conspiracy.  It rained today, I blame "TPTB" in a "false flag."  The Joplin tornado was obviously HAAAARP as were the runs I had after Taco Bell the other night.

And because I read an article on a website, of course I am totally right.

disabledvet's picture

i get the shits at the Bell, too. It's those "potato" thingies...they need to change that.

Mr Lennon Hendrix's picture

Or the fact that 88% of the beef is beef.

goldfish1's picture

I like the article also.

Paragraph 1: "It is impossible to understand the downfall of Dominique Strauss-Khan without linking it to his project for the creation of a new international reserve currency, which was to be launched on 26 May 2011 at the Deauville G-8 summit. The project was paradoxically anticipated as much by the Emerging States as by stateless capital, but rejected by the U.S.-Israeli military-industrial complex."

And this one:

Operation Sarkozy : how the CIA placed one of its agents at the presidency of the French Republic

http://www.voltairenet.org/article157821.html

Those who pronounce the idea of the DSK debacle as a conspiracy are absolutely correct:

Conspiracy (legal definition):

Conspiracy is a separate offense, by which someone conspires or agrees with someone else to do something which, if actually carried out, would amount to another federal crime or offense. It is an agreement or a kind of partnership for criminal purposes in which each member becomes the agent or partner of every other member.


AladdinSaneGirl's picture

The timing can't be coincidence. You mean DSK would've allowed us to fall into another dip ....  Then maybe "they" are biding time watching during June and are prepared for QE3 if necessary ....  

disabledvet's picture

"it was Professor Plum in the library with a candlestick!"

Mec-sick-o's picture

Yup, he "sticked" it in the wrong place at the wrong time.

YHC-FTSE's picture

That's what I've been posting since the day after DSK's arrest, and getting widely junked. Bloody plagiarist! :) The US still has enough voting power to veto any policies (Super majority decisions) that require a 85% majority. Together with the re-evaluation of the SDR, I think he is absolutely correct to suppose that the voting reforms proposed by DSK last year was the cause of his downfall.

desgust's picture

...and you were right1

But brainwashed need someone else to think for them!

swamp's picture

The cause of his downfall was his behavior of suspected rape, something he has a long history of doing. 

YHC-FTSE's picture

It's called a "honey trap", tailored to the subject's weaknesses and as old a ploy as Mata Hari. But you know what? If it makes you feel good, then it's all a coincidence. Now get back to your msm and have a wank over the juicy details. 

SheHunter's picture

It's called a "honey trap"

Is that so?  I'll give that a slim maybe.  If you are right the fact remains that this 'honey pot' was not aware of the hand she'd been dealt.  Honey pot or no, known weakness of the subject or no, this farce of a man needs tried and, if determined guilty as charged, hung and quartered.

YHC-FTSE's picture

You'll get no arguments from me about the severity of punishment for crimes of this nature. Nor sympathy for those who make false accusations. The salacious details of the case do not interest me, - I'm not into voyeurism - just the bigger political picture. 

YHC-FTSE's picture

NB. In case you're wondering, I do not junk replies to my comments. 

goldfish1's picture

The salacious details of the case do not interest me

imo, rape is the least for what this deviant needs to be brought to justice.

ThirdCoastSurfer's picture

Dismal economic data throughout QE2 has been ignored in favor of corporate and market expansion which lead me to think that the problem itself was being used to game a weak and ineffectual democratic government but with only a month to go the markets unconcern that this heroin is ending (except maybe with the financial stocks) has greatly disappointed me.

The lag times on all of this are enormous. An object in motion after all.....so at the end of QE1 it may have been permissable to let the economy actually take a step back to let the fear set in and the heroin continue but QE3 and the law of diminishing returns demands faster and greater recognition. There is no perceptible upturn heading into the stretch as with QE1. Things are clearly already deteriorating.  You don't want to wait until the economy is in even more trouble this time, you want to artifically induce it now to start the wheels in motion so that the stimulus is continuous. 

All I can figure is that those critical to the whole have now sufficiently made provisions and double checked their calculations and are confident that letting the floor out from the economy this time will produce enough creative destruction while preserving the wealth of of those in the know.

In forest fire terms the houses are protected, the back fires are complete, the crews are in place and the wind direction is most favorable to let the fire out of containment until it burns the undergrowth to the desired areas until fire containment or fire extinction is achieved.  

 

A Man without Qualities's picture

Equity markets have become a medium through which the vested interests try to obscure the reality of their failures. What is said in private is vastly different. The momo traders who are getting rich by buying the dip prefer to ignore the wider reality, and see it as a game for them to exploit.

The governments are still insolvent, the banking system is still in crisis, but the extent of their ambition is merely to delay the reckoning for one more day at a time.

The patricians will end up destroying the economy for a generation merely to maintain their exalted position for a few more months. This will not be the first society to fail in this way.

Vampyroteuthis infernalis's picture

A Man, you nailed it on the head. The gov't and Fed spent all of that debt fueled money to save the system from crashing in 2008. It really did nothing to help the economy as the real economy has been slowly deteriorating. Bring on QE3, it is futile in nature. The economy is going to tank no matter what. Fed = fail.

goldfish1's picture

The gov't and Fed spent all of that debt fueled money to save the system

ha! not. That money was funneled to cronies to enrich themselves as the system was plundered and destroyed. They all need trials and public hanging.

WonderDawg's picture

Dude, you seem to be under the impression that the Fed's manipulations have somehow done something for the economy.

Wrong.

All Bernanke has done is inflate equities and commodoties. The economy is in the tank, and everyone knows it. That's the point. We all know it. He's created the "wealth effect" by providing artificial support to the markets, but the economy, no. GDP, on life support. Unemployment? Getting worse, not better, regardless of what the BLS would have us believe. Inflation in the things that matter, like food and gas? Killing the middle class. There is no recovery. Period.

No, piling more debt on the debt problem will not solve it. QE is just stealing from the middle class now and in the future.

You said it yourself, things are clearly deteriorating. QE is a complete failure with regard to stimulating the economy. And finally, more people are starting to see it. You should look closely, as well.

 

CIABS's picture

perhaps not a matter of pinpoint timing, but DSK's takedown will help sarkozy get re-elected.

Mr Lennon Hendrix's picture

France is so fucked if they re elect him.  And they were upset about America (DIEBOLD) favoring Bush.  Ha!

goldfish1's picture

America (DIEBOLD)

Shout it from the rooftops.

GeneMarchbanks's picture

Good work Bill! More so Tyler! As if the heads of these "organizations" have any real sway on the absolute mirage that is the IMF, World bank and WTO. The Unholiest Trinity.

Muir's picture

How's this good news for silver is all I wanta fucking know.

Fiat2Zero's picture

Classic Muir. You dare to say what others think and dare not.

Bravo old sport, Bravo.

Mr Lennon Hendrix's picture

The US will keep printing, and the monetary supply will go into an unknown quantity.  Silver and oil trade inversely.  Gold will mitigate the problem by sustaining CB loans.

swamp's picture

This isn't a VULGAR PORNO SITE

citta vritti's picture

nah, it’s a high class one; keep ‘em bouncing, Muir

SheHunter's picture

I don't see no stinkin' porn....instead, a somewhat mezmarizing image to stare at while pondering how to word your next comment.

slewie the pi-rat's picture

Any questions?

no, that explains everything. 

micawber, copperfield; everything's starting to flow together like the dickens...

RichardP's picture

Correlation does not equal causation.  What if he hadn't tried to rape the maid?  How would this be playing out then?  Some other reason to drag him off the plane?  Seems kind of far-fetched that all this stuff set out in the article depended on him trying to screw the maid.  Or was he that predictable?