This page has been archived and commenting is disabled.

Lagarde On Taxes And Diplomacy: It's All TurboTax To Me

Tyler Durden's picture


What is it about IMF heads and inserting foot, or some other appendage, in mouth, or some other orifice?

The Forelash (sic): It's payback time: don't expect sympathy – Lagarde to Greeks

Using some of the bluntest language of the two-and-a-half-year debt crisis, she says Greek parents have to take responsibility if their children are being affected by spending cuts. "Parents have to pay their tax," she says.


Lagarde, predicting that the debt crisis has yet to run its course,  adds: "Do you know what? As far as Athens is concerned, I also think  about all those people who are trying to escape tax all the time. All  these people in Greece who are trying to escape tax."


She says she  thinks "equally" about Greeks deprived of public services and Greek  citizens not paying their tax."I think they should also help themselves collectively." Asked how, she replies:  "By all paying their tax.


"Asked if she is essentially saying to the Greeks and others in Europe that they have had a nice time and it is now payback time, she responds: "That's right."

And the Backlash: Christine Lagarde, scourge of tax evaders, pays no tax

Christine Lagarde, the IMF boss who caused international outrage after she suggested in an interview with the Guardian on Friday that beleaguered Greeks might do well to pay their taxes, pays no taxes, it has emerged.


As an official of an international institution, her salary of $467,940 (£298,675) a year plus $83,760 additional allowance a year is not subject to any taxes.


Lagarde, 56, receives a pay and benefits package worth more than American president Barack Obama earns from the United States government, and he pays taxes on it.


The same applies to nearly all United Nations employees – article 34 of the Vienna convention on diplomatic relations of 1961, which has been signed by 187 states, declares: "A diplomatic agent shall be exempt from all dues and taxes, personal or real, national, regional or municipal."


According to Lagarde's contract she is also entitled to a pay rise on 1 July every year during her five-year contract.


The managing director of the International Monetary Fund is paid a salary of $467,940 (£298,675), automatically increased every year according to inflation. On top of that she receives an allowance of $83,760 – payable without "justification" – and additional expenses for entertainment, making her total package worth more than the amount received by US President Barack Obama according to reports last night.


Other benefits include rent subsidies, dependency allowances for spouses and children, education grants for school-age children and travel and shipping expenses, as well as subsidised medical insurance.


For many years critics have complained that IMF, World Bank, and United Nations employees are able to live large at international taxpayers' expense.

Uhm, what inflation? Isn't the world drowning in deflation according to the central planner? Also, why not avoid all the unbearable hypocrisy and just use TurboTax: it works for the most prominent tax evader in the "free world."

Our only question: has Lagarde spent all her tax-free, hypocrisy-laden money purchasing spare containers of Agent Orange from Angelo Mozilo?

courtesy of William Banzai

Our advice madame IMF head - avoid presidential suites at New York hotels like any tanning lotion with a SPF less than 50.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 05/30/2012 - 14:21 | 2476606 Pladizow
Pladizow's picture

Looks like the too tan mom mated with one of those kids with the old people disesase!

Wed, 05/30/2012 - 14:23 | 2476610 redpill
redpill's picture


Wed, 05/30/2012 - 14:23 | 2476617 Ag1761
Ag1761's picture

I think she's kind of cute

Wed, 05/30/2012 - 14:28 | 2476646 Ag1761
Ag1761's picture

Sorry, I was refering to that babe on one of my 1 Oz Gold Britania coins there and happened to post on the wrong thread :-) which ar eincidentally capital gains tax free.

Wed, 05/30/2012 - 14:35 | 2476692 janus
janus's picture

i'd sport-fuck her

Wed, 05/30/2012 - 14:48 | 2476763 margaris
margaris's picture

this fine lady would use her sharp spoon on you in a heartbeat.

Wed, 05/30/2012 - 14:54 | 2476785 Cognitive Dissonance
Cognitive Dissonance's picture

Nice! Heart of Janus. It's what's for dinner.

However.......I would never mistake her Trident for a Spork or a Foon. :)


Wed, 05/30/2012 - 15:00 | 2476799 margaris
margaris's picture

lol, I keep confusing those two.... thanks for helping a handicapped guy with a new word... am going to say Spork from now on.


Thanks cognitive dissonance... finally I understand the deeper meaning of your avatar pic.

Wed, 05/30/2012 - 15:03 | 2476833 Cognitive Dissonance
Cognitive Dissonance's picture

Mrs Cog thinks I go to KFC for the greasy heart attack chicken dinners and the stomach ache that results. 

In fact I just want to play with the Sporks. :)

Wed, 05/30/2012 - 15:13 | 2476887 slewie the pi-rat
slewie the pi-rat's picture

very bi-partisan!

spork, it's what's for dinner;  charge it;  and make certain that jamie gets the end piece;  then blythe will other-end the far slice

she makes my piglet plump, BiCheZ!

Wed, 05/30/2012 - 15:39 | 2477011 TrainWreck1
TrainWreck1's picture

[Rudy Eugene]That face looks good enough to eat![/Rudy Eugene]



Wed, 05/30/2012 - 19:39 | 2477724 The Alarmist
The Alarmist's picture

She kind of looks like Courtney Thorne-Smith aged forward about 40 years.

Wed, 05/30/2012 - 15:53 | 2477098 janus
janus's picture

see, there you go, COG.

i'm sittin here doin all i can to keep from inciting a generational war, and you've got to come along and provoke kindly-ole janus...i'll let it go for now.

besides, i'd recommend a slice of my liver with a side of fava beans...mmm! mmm!

the gourmand,


Wed, 05/30/2012 - 16:07 | 2477139 Cognitive Dissonance
Cognitive Dissonance's picture

Nice Hannibal Lecter referrence.

I prefer lobotomy leftovers. But that's just me. :)


Thu, 05/31/2012 - 11:46 | 2479738 PrinceDraxx
PrinceDraxx's picture

Looks like an hors d'oeuvre fork to me.

Wed, 05/30/2012 - 15:16 | 2476898 janus
janus's picture

it wouldn't be the first time i'd been sharp-spooned...lawd, if i had a nickle for every sharp-spoonin i ever got...why, i could buy facebook at a realistic valuation.

my point is: you can't go through life dreading the occasional trident or have to embrace the risk, be suave, move in for the skirt...damn the consequences, i say.

i think she's thinkin bout janus right now.

simper rex,


Wed, 05/30/2012 - 15:01 | 2476828 darteaus
darteaus's picture

You'd do roadkill.

Wed, 05/30/2012 - 15:47 | 2477076 janus
janus's picture

that's a half-truth!  and it's spurious to boot.

Wed, 05/30/2012 - 15:17 | 2476904 Stoploss
Stoploss's picture

Aw hell no, that's a naw yer.

You wake up wrapped around that, and you will naw yer arm off just to get away before it wakes up..

Wed, 05/30/2012 - 15:28 | 2476951 Manthong
Manthong's picture

I’ve mentioned that I think she looks like tan mom’s dad.. I take that back.

She looks more like tan mom’s grandfather.

Wed, 05/30/2012 - 20:52 | 2477857 Bezukhov
Wed, 05/30/2012 - 14:50 | 2476771 Michael
Michael's picture

I love it when my plans come together.

Wed, 05/30/2012 - 15:13 | 2476886 tarsubil
tarsubil's picture

Is it me or does she tan too much?

Thu, 05/31/2012 - 02:51 | 2478500 Frankie Carbone
Frankie Carbone's picture

Nice tits! I wonder about this little golddigger though. Shaved, trimmed, or au natual? 

Wed, 05/30/2012 - 14:30 | 2476656 Winston Churchill
Winston Churchill's picture

Go wash out your mouth and eyes with battery acid.

Wed, 05/30/2012 - 14:44 | 2476741 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

That's not a woman man, that's a man!!!!

Wed, 05/30/2012 - 14:52 | 2476786 margaris
margaris's picture

Thats not a human.... thats a "scourged flesh" or should I say "scorched earth"

Wed, 05/30/2012 - 23:28 | 2478267 cbxer55
cbxer55's picture

Looks like a zombie to me. Gonna be spotted down in Miami any day now. ;-0

Wed, 05/30/2012 - 14:57 | 2476810 goldm3mb3r
goldm3mb3r's picture

In the flm of her life, she would be played by Gary Oldman.

Wed, 05/30/2012 - 15:10 | 2476873 Bollixed
Bollixed's picture

"The Portrait of Dorian Grey - Part Deux"

Wed, 05/30/2012 - 14:36 | 2476700 markmotive
markmotive's picture

For anyone that wants to know where all this is headed (WWIII), bookmark this link and dive into it when you have a few hours.

Ghosts of the Ostfront:

Thu, 05/31/2012 - 06:34 | 2478624 Frankie Carbone
Frankie Carbone's picture

Lagarde is French. She wouldn't know anything about this stuff. She and her ilk sat out the butchery for the low low price of signing over their nation to the Krauts. 

Wed, 05/30/2012 - 15:05 | 2476850 icanhasbailout
icanhasbailout's picture

I am holding you responsible for the replacement of my lunch and the cleaning bill as well

Wed, 05/30/2012 - 15:06 | 2476855 Apeman
Apeman's picture

Well... I for one would hit it.

Wed, 05/30/2012 - 14:49 | 2476769 Stoploss
Stoploss's picture

Insane hypocritch..

Wed, 05/30/2012 - 15:42 | 2477036 Blammo
Blammo's picture

Can someone tell me, what the requirement is for not paying taxes and getting away with it. Can I just stop bitching about tax increases and waste,or do I actually have to advocate tax increases and waste?

Wed, 05/30/2012 - 14:26 | 2476637 Transitory Disi...
Transitory Disinflation's picture

More people in the world need to understand that they are being taken FOR FOOLS!


Wed, 05/30/2012 - 14:39 | 2476716 Not Too Important
Not Too Important's picture

"A diplomatic agent shall be exempt from all dues and taxes, personal or real, national, regional or municipal."

Does this mean Hillary doesn't pay taxes, either? How about other State Dept. employees? The President? The US ambassador to the UN? Who all qualifies for this exemption?

Wed, 05/30/2012 - 15:08 | 2476857 Matt
Matt's picture

Also diplomatic immunity, so you don't pay taxes and laws don't apply to you, either. Pretty good gig if you can get it.

Wed, 05/30/2012 - 15:59 | 2477119 Chaffinch
Chaffinch's picture

I think it's the case for most of the civil servants who work for the EU in Brussels. The rationale (yeh, right!) was something like 'it would be unfair for a French worker to pay different tax to a German worker, if they are both doing the same job but just happen to come from different countries with different fiscal policies'. Nice solution, huh?
That would date back to the 1970s; quite a lot of tax that would be, eh?

Wed, 05/30/2012 - 18:18 | 2477551 New_Meat
New_Meat's picture

(yeh, right!) as was Turbo-Timmah in his plus-up at the IMF.

Fricken TurboTax can't figure this shit out!

- Ned

Wed, 05/30/2012 - 15:11 | 2476877 Freddie
Freddie's picture

She is totally plugged in with the Oba Chicago gang.  ZH is still filled with loads of Dems who love their satan.  

Wed, 05/30/2012 - 15:19 | 2476913 wisefool
wisefool's picture

yeah, but Hank "tanks in the streets" Paulson sold something like $200MM in stocks, completely tax free, when GWB "forced" him to become Timmays predecessor.

Wed, 05/30/2012 - 18:19 | 2477554 New_Meat
New_Meat's picture

That is the true GS revolving door, don't cha' know. - Ned

Wed, 05/30/2012 - 17:52 | 2477480 palmereldritch
palmereldritch's picture

"Looks like the too tan mom mated with one of those kids with the old people disesase!"

Hope it's not the bath salts talkin'

Wed, 05/30/2012 - 14:24 | 2476615 Cognitive Dissonance
Cognitive Dissonance's picture

"All these people in Greece who are trying to escape tax."

This statement presumes that "taxation" is needed and desirable and that the collected "taxes" will be used "wisely".

These concepts (and many many more) are all very poor assumptions to make. It seems the Greeks are just way ahead of the times.

Wed, 05/30/2012 - 14:26 | 2476636 redpill
redpill's picture

I think Mr. Panos needs to have a little chat with her.

Wed, 05/30/2012 - 14:29 | 2476654 Dr. Eldon Tyrell
Dr. Eldon Tyrell's picture


Wed, 05/30/2012 - 14:51 | 2476780 redpill
redpill's picture

Christiiiiiine, zeh hellenic people of zeh worlt have a message for joo....FACK YOU MALAKA!!

Wed, 05/30/2012 - 14:27 | 2476639 margaris
margaris's picture

"would you pay taxes to the mafia?" --- popular greek viewpoint

Wed, 05/30/2012 - 14:31 | 2476670 NotApplicable
NotApplicable's picture

Also my exact view (which is why they steal them directly out of our paychecks).

Wed, 05/30/2012 - 14:56 | 2476801 Cognitive Dissonance
Cognitive Dissonance's picture

But......but.....but I was told we have a voluntary income tax system.

Wed, 05/30/2012 - 18:23 | 2477562 New_Meat
New_Meat's picture

Goes back to the Wilson-era guy who invented "revolving credit" for stores.

- Ned

{I still remember the dog-tag thingies, used to print the forms in triplicate with the snap-off carbons.  Predecessors of a credit card, 'bout half-way 'tween a tag and a current credit card.}

Wed, 05/30/2012 - 14:27 | 2476640 barliman
barliman's picture


Like all parasites, she knows if there are no taxes ...

... she will have no salary, benefits, pension, health care.

Hmmmmmmmmmm ...................


Wed, 05/30/2012 - 14:33 | 2476681 AnAnonymous
AnAnonymous's picture

She is probably way beyond all these considerations.

Pocket money is nice but remains pocket money.

Wed, 05/30/2012 - 14:37 | 2476705 Cognitive Dissonance
Cognitive Dissonance's picture

And most power.

Wed, 05/30/2012 - 14:49 | 2476765 barliman
barliman's picture


Well, she needs time off to work on her tan ...

... I understand there are some nice beaches in Greece.

I am sure the Greeks would be very ... hospitable.

They could have her over for dinner ... with some bath salts and a LOT of Ouzo.


Wed, 05/30/2012 - 15:22 | 2476928 Jena
Jena's picture

barliman, are you saying she goes to



nude beaches??

Wed, 05/30/2012 - 15:46 | 2477055 barliman
barliman's picture



Thanks, Jena  .... I had carefully suppressed that mental image up until you mentioned it.

If you'll pardon me, I am going to go and throw up for the next half hour.


Wed, 05/30/2012 - 16:43 | 2477290 Jena
Jena's picture

lol!  sorry.  bleach shots for all who'd like them.

Wed, 05/30/2012 - 18:25 | 2477564 New_Meat
New_Meat's picture

then bath-salts all around!  C'mon, bottoms-up! - Ned

Wed, 05/30/2012 - 14:28 | 2476647 AnAnonymous
AnAnonymous's picture

US citizen economics demand that.

US citizen nations have been from the start big state societies that pride themselves in crushing stateless societies.

Wed, 05/30/2012 - 14:52 | 2476781 TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous said:

US citizen nations have been from the start big state societies that pride themselves in crushing stateless societies.

Improper using of plural form are you doing. There is only one US citizen nation, being that US of A.

Perhaps meaning intending of words to be nations supportive of Americanism in the point therein, which point being fruitful.

Nevertheless, only being is to one in the US of A having born a person can ascribe to the 'US citizen' term. From one in another nation to having born a person must respectively ascribe to citizen of another nation properly.

Otherwise, 'citizen' terming when attempting to cantilever readily into 'citizenism' context renders a structure unsound in definingness, unless purpose is to builing a strawsman as offuscation in road of end being deadened.

Such constructing yours of a citizenism dilemma is indigestible in this manner.


Wed, 05/30/2012 - 15:05 | 2476849 AnAnonymous
AnAnonymous's picture

Improper using of plural form are you doing. There is only one US citizen nation, being that US of A.


What about? The united states of america (USA) are or is? What is the usage?

While the issue of US citizenship is different from US citizenism, one has to be born in the US of A to hold US citizenship?

Besides and most of all, 'Americanism' bears the similitude.

One advantage of US citizenism is that it reduces the base to what it is and does not ascribe a peculiar set of beliefs to a whole continent.

That is the way it is.

Wed, 05/30/2012 - 16:48 | 2477310 TheFourthStooge-ing
TheFourthStooge-ing's picture

AnAnonymous said:

What about? The united states of america (USA) are or is? What is the usage?

Usage improper is of you when saying 'US citizen nations' rather than 'US citizen nation'.

US citizen nation is of composition US citizens, thus being US of A only.

US citizen nation can not other than US of A is being.

Please, no more issuance of offuscation on this point unless acknowledge you are in process of strawsman making.


Wed, 05/30/2012 - 14:53 | 2476790 WTFx10
WTFx10's picture


Wed, 05/30/2012 - 15:16 | 2476895 slewie the pi-rat
slewie the pi-rat's picture


Wed, 05/30/2012 - 15:28 | 2476954 JohnKozac
JohnKozac's picture
'It is virtually impossible to find a job': Brain drain is new Greek tragedy(MSNBC)


Der Spiegel magazine noted that while Greek newspapers "printed cartoons depicting the Germans as Nazis, concentration camp guards and eurozone imperialists who allow their debtors to bleed to death," the Greeks have kept arriving – bringing an "anything is better than Athens" attitude with them.

With more than 50 percent of young Greeks out of work, it's not surprising that official statistics show the number of Greeks who moved to Germany increased 90 percent during 2011.





Wed, 05/30/2012 - 14:23 | 2476618 Temporalist
Temporalist's picture

I.M.Fing paying no tax to any nation!

Wed, 05/30/2012 - 14:57 | 2476806 Zero Govt
Zero Govt's picture

IMF Chief doesn't pay taxes

..if it's good for this turkey it's good for the gander (us)

Stop Paying Your Taxes... don't feed this batty bitch

Wed, 05/30/2012 - 14:26 | 2476625 GeneMarchbanks
GeneMarchbanks's picture

Good up until:

Our advice madame IMF head - avoid presidential suites at New York hotels like any tanning lotion with a SPF less than 50.

She perfectly reflects the sentiment of her institution just ask any Argentinian. NY is sending a 'job well done' card as we type.

Wed, 05/30/2012 - 14:25 | 2476628 q99x2
q99x2's picture

From Yahoo Finance: Cool Jobs You Never Heard Of. They need people to move gold for some reason.

Gold Stacker

The United States Bullion Depository — better known as Fort Knox — is not the largest gold repository in the United States. That distinction belongs to the Federal Reserve Bank of New York in lower Manhattan, where approximately $194 billion worth of the trapezoidal gold bars are stored. 

Occasionally, those bars will need to be moved, and gold stackers are the people who do it. Each 27-pound bar has to be moved manually, and the repetitive strain is so significant that they work in teams so shifts can relieve one another.

Wed, 05/30/2012 - 14:30 | 2476658 slackrabbit
slackrabbit's picture

tungston comes to mind

Wed, 05/30/2012 - 14:35 | 2476689 ParkAveFlasher
ParkAveFlasher's picture

they're gonna need exoskeletons when all is said in done.

Wed, 05/30/2012 - 14:25 | 2476629 GubbermintWorker
GubbermintWorker's picture

"All  these people in Greece who are trying to escape servitude."


There, fixed that for her.


Wed, 05/30/2012 - 14:25 | 2476631 Jena
Jena's picture

"Do what I tell you to do, not what I do."

Wed, 05/30/2012 - 15:02 | 2476832 Zero Govt
Zero Govt's picture

Chrsitine Lagardes version of the classic, "Let Them Eat Cake"

if her Louis Vitton handbag is still empty i'm sure there'd be cues of Greek taxpayers ready to fill it for her with body fluids

Wed, 05/30/2012 - 15:06 | 2476853 Jena
Jena's picture

I know what she reminds me of:

Leona Helmsely (and apparently Tim Geitner) "Only the little people pay taxes."

Wed, 05/30/2012 - 16:07 | 2477141 Freddie
Freddie's picture

Oh look - there is a lampost and an over tanned French woman - someone get a rope.

Wed, 05/30/2012 - 14:26 | 2476632 Paul Atreides
Paul Atreides's picture

Somebody call the Oompa-Loompas and tell them we found their missing facepaint!

Wed, 05/30/2012 - 14:26 | 2476633 Shizzmoney
Shizzmoney's picture

According to Lagarde's contract she is also entitled to a pay rise on 1 July every year during her five-year contract.

Champagne Socalist, personified.  I wonder how many Greeks, who she says "must pay their taxes", get a guarunteed pay raise each year of their employment, which they then can shuttle to the IMF, which pays Lagarde to tan at the cancer booths across Europe. 

BTW, I was sad to see the token "When asked about her taxes, Lagarde declined to comment".

Wed, 05/30/2012 - 14:26 | 2476634 Jason T
Jason T's picture

Banzia is our generations Norman Rockwell!  

Wed, 05/30/2012 - 15:15 | 2476892 Temporalist
Temporalist's picture

We need to get WB7 on this Wikipedia page:

Wed, 05/30/2012 - 14:27 | 2476641 the not so migh...
the not so mighty maximiza's picture

The face of European failure

Wed, 05/30/2012 - 14:30 | 2476657 bigdumbnugly
bigdumbnugly's picture

is europe in that bad shape?

Wed, 05/30/2012 - 14:36 | 2476701 GeneMarchbanks
GeneMarchbanks's picture

Let's not get it twisted. The IMF is a US operation and was set-up for the subsequent $ hegemony. It has nothing to do with 'Europe' since putting a European as head is typical US marketing ploy. Lagarde is a faceless pawn, nothing more.

Wed, 05/30/2012 - 15:08 | 2476863 NotApplicable
NotApplicable's picture

Faceless pawn? So are the abstractions known as the US and Europe. If you are going to talk operations, then either name the individuals behind the curtain or don't bother discussing them at all, as all you're doing otherwise is obfuscating reality in their favor.

Wed, 05/30/2012 - 15:29 | 2476960 GeneMarchbanks
GeneMarchbanks's picture

As I said, if it wasn't Lagarde DSK the Rapist would be dribbling similar platitudes. There are no individuals just functionaries spouting bullshit whilst pretending to stem the horror they themselves always create.

Wed, 05/30/2012 - 15:39 | 2477018 Ghordius
Ghordius's picture

Reality? Really? Reality is not what ZH commentators want to read.

The reality is that every single person in the first world profits from the empire, as constituted by our common vampire megabanks-system, the other supranational non-tax-paying megacorporations, our common military alliance, our network of Weapon-Grade Central Banks and our common imperialist supranational organizations like the World Bank, the IMF, the UN and so on. Of course, some profit only 4 bucks per hour and others 4 million bucks per hour.

Still, if you are reading this you are either part of the system or you are fighting it - you still are profiting from it.

btw, what is the news exactly? would it be better if she made the double amount and paid half of it in taxes? it's already taxpayer money what she is paid with, for criminy!

Wed, 05/30/2012 - 15:56 | 2477105 The Final Countdown
The Final Countdown's picture

You are right about one thing. I can hardly call that orange abomination a face.

Wed, 05/30/2012 - 15:22 | 2476929 Pejorative Requiem
Pejorative Requiem's picture

A very well paid (tax free), says stupid things to a world audience pawn. Fiat institutions must have a face, so not faceless. Pawn, yes, until new face is needed because old face speaks or acts stupidly. Do agree that it's just a chunk in the swill. 

Wed, 05/30/2012 - 14:27 | 2476643 slaughterer
slaughterer's picture

It would be difficult to oust Lagarde on some hotel rape scandal.  But she does have some unsettled court cases concerning some shenanigans with LePen.

Wed, 05/30/2012 - 14:51 | 2476774 Dr. Engali
Dr. Engali's picture

What did she do with a pen? Does it involve pictures? Because that would be really gross.

Wed, 05/30/2012 - 14:58 | 2476817 TheFourthStooge-ing
TheFourthStooge-ing's picture

slaughterer said:

It would be difficult to oust Lagarde on some hotel rape scandal.  But she does have some unsettled court cases concerning some shenanigans with LePen.

The issues must be significant. LePenists stand erect in their firm opposition to Lagarde, and I don't believe they'll be easily deflated.


Wed, 05/30/2012 - 14:28 | 2476644 ziggy59
ziggy59's picture

She treasurers' Tiny Tims aunt?

Wed, 05/30/2012 - 15:21 | 2476760 wisefool
wisefool's picture

probably some type of sister-aunt-step mom, as is common with the level of retardation these people have.

Are people finally starting to figure out what the problem is? even if we let people (Mozillo) get away with bold face corruption, they then insist on a tax code/status that rubs it in all of our faces. I hope all you american  tax payers enjoy voting for billionaire 14% romney, or multimillionaire 20% obama. while your 30% goes to 0% legarde and the IMF.

Wed, 05/30/2012 - 14:28 | 2476645 boogerbently
boogerbently's picture

No tax TO govt. = no benefits FROM govt.

......simple, really.

Wed, 05/30/2012 - 14:30 | 2476660 AnAnonymous
AnAnonymous's picture

Has to be considered when benefits distributed by US citizen governments are now taken from themselves.

Wed, 05/30/2012 - 14:51 | 2476775 WTFx10
WTFx10's picture


Wed, 05/30/2012 - 14:42 | 2476730 Dr. Engali
Dr. Engali's picture

It would be a totally different story if they had a printing press, because you know governments can print prosperity...or is it disparity....I always get those two confused.

Wed, 05/30/2012 - 14:28 | 2476649 Everybodys All ...
Everybodys All American's picture

when the pitch forks come out you would not want to be seen with Christine.

Wed, 05/30/2012 - 15:59 | 2477118 Nobody For President
Nobody For President's picture

Actually, I don't have to wait for the pitchforks to not want to be seen with her. I'm good not being seen with her right now, and in the foreseeable future.

Wed, 05/30/2012 - 15:14 | 2476661 TomGa
TomGa's picture

"Let them eat cake."


Yes, history does repeat itself.  Mdme. Lagarde would do well to remember the guillotine was a French invention.

Wed, 05/30/2012 - 15:30 | 2476965 OdinsBeard
OdinsBeard's picture

Think it was actually invented by a Yorkshire man, but yeah, the French certainly made it famous...!

Wed, 05/30/2012 - 14:31 | 2476667 jerry685
jerry685's picture

Tax revolt needed...globlly


Bank run 1st....


Take it from them before they take it from you....

Wed, 05/30/2012 - 14:31 | 2476669 RoadKill
RoadKill's picture

During the upcoming budget debacle, I hope the 1st thing the Tea Party cuts to 0 is foriegn aid (millitary and humanitarian), UN dues, IMF funding, diplomatic spending etc...

Wed, 05/30/2012 - 15:45 | 2477056 knightowl77
knightowl77's picture

That is a very good start...Billary will be mad

Wed, 05/30/2012 - 14:53 | 2476676 tony wilson
tony wilson's picture

she is back       from yet another meeting.

la la lagarde it's here.

the return of LEATHER FACE.

a face that looks like sarkozy's  scrotal ball bag draped in  armani.


the only way out is for us to dance german style.


Wed, 05/30/2012 - 15:10 | 2476875 NotApplicable
NotApplicable's picture

Ya know, I could've happily went my whole life without experiencing that particular imagery.

Thanks. Thanks, a lot.

Wed, 05/30/2012 - 14:33 | 2476677 TrustWho
TrustWho's picture


Wed, 05/30/2012 - 14:33 | 2476678 Joebloinvestor
Joebloinvestor's picture

What do you expect from a "Champaign socialist".?

What matters is what they say about all the others, and not themselves.

This is just another example of the FARCE of having countless meetings in 5 star hotels and restaurants discussing "austerity" for everyone else.


Wed, 05/30/2012 - 14:35 | 2476687 falak pema
falak pema's picture

No better than a champagne Oligarch. She is more champagne Oligarch than socialist. She is a total US oligarchy shill, since day 1 when she became CEO of Baker n Mackensie.

Wed, 05/30/2012 - 15:05 | 2476852 Joebloinvestor
Joebloinvestor's picture

She is as big a FARCE as Hollande being touted as the "common man" with his multiple estates and mistress.

Only the French.

Wed, 05/30/2012 - 15:29 | 2476952 falak pema
falak pema's picture

no mutliple estates he is not rich and his mistress is his wife. So there is not double talk there. He is very normal but the state apparatus behind him is not. It is very elitist, ENA and uber alles, alas. Nothing changes in statist france, until the continents move under tectonic pressure...we may be there...

Wed, 05/30/2012 - 15:46 | 2477065 Joebloinvestor
Joebloinvestor's picture

I don't know where you get you mis-information.

Hollande is not married.

" after Socialist Francois Hollande is sworn into office, he and his longtime companion, journalist Valerie Trierweiler, will become the first unmarried couple to move into the Elysee presidential palace."

Hollande has multiple estates.

France’s Hollande owns properties valued at €1.2 million in Cannes 12 May 12 French President-elect Francois Hollande owns properties worth €1.17 million. Hollande has a 130sqm house in Mougins (pic), worth €800,000. He also partially owns two apartments in Cannes, on the French Riviera.

Wed, 05/30/2012 - 16:39 | 2477271 Ghordius
Ghordius's picture

So he is poor, compared to the median politician and is two girls short for a French, Italian or Spanish one. France, you are letting me down...

Wed, 05/30/2012 - 14:33 | 2476679 falak pema
falak pema's picture

WB7 you are no gentleman but you are one hell'va satirist! 

Wed, 05/30/2012 - 14:36 | 2476698 Dr. Engali
Dr. Engali's picture

I hear treasury is looking for a replacement for Timmy.

Wed, 05/30/2012 - 14:36 | 2476699 Beevreetr
Beevreetr's picture

Send her to Miami to get a cannibal facelift.


Wed, 05/30/2012 - 14:39 | 2476713 Zola
Zola's picture

Lagarde is a disgrace, she was supremely incompetent to be finance minister of France and then after that they put her to the IMF. Who are they kidding seriously ?? Look at Baroin in France and now Moscovici ?!! These people have no IDEA what they are talking about, just regurgitating the banksters point of view... 

Marie Antoinette has been reincarnated in Christine Lagarde, let the greeks eat brioche right ? This is the problem with women like this, all high and mighty totally disconnected from reality ....

Wed, 05/30/2012 - 15:17 | 2476900 Temporalist
Temporalist's picture

She was a cynical appointee and chosen for being a woman whom they believe would give "credibility" to the IMF'd.

Wed, 05/30/2012 - 14:41 | 2476721 theTribster
theTribster's picture

Evil she is but anyone running the IMF has to be. The fact that she makes over 500k a year and doesn't pay any income tax anywhere is sickening. She'll get hers just like Strauss-Kahn did, maybe they'll claim she sex with a farm animal or something like that. Based on what thye did to Strauss-Kahn it wouldn't surprise me if at some point we see the NYT with a headline "Lagarde Caught with Farm Animals in Hotel Room". 

I didn't like her when she ran the French Ministry of Finance, clearly evil and part of the elite community of scumbags that steal wealth from the poor and transfer to the wealthy. The Greeks should be more than pissed at this French bitch, those people ar egtting so screwed by the banksters while their elite conitnue to enjoy the good life!

Greece isn't going anywhere, there is no way they let them depart the Eurozone and default - that's why there is no way out officially. Once you are in the Euro you are always in the Euro - sort of like the Mob. The games being played are nothing more then intimidation for Spain and Italy mainly, Greece in the context of the south is really insignificant. The Troika will eventually relent, at least a little, so the Greeks can feel a little better and they can move on to Spain and Italy (and the France and Germany)...

France isn't far behind Spain and Italy, as far as I know they have yet to mark down any of the bullshit collateral they are holding - including other sovereigns like Greece, Spain, etc. Both Germany and France will be downgraded if another bailout gets put in place. The Frence will (I think) act much more aggresively then any of the southern european countries when they realize what's really going on.

Its ugly and going to get much, much uglier. Get the popcorn out.

Wed, 05/30/2012 - 15:19 | 2476916 Doña K
Doña K's picture

The Chicago poitics are following her as she learned well when she was a high power attorney there for some time.

Wed, 05/30/2012 - 14:42 | 2476726 CrashisOptimistic
CrashisOptimistic's picture

And now we know why Strauss Kahn was framed out of that job.

Wed, 05/30/2012 - 14:42 | 2476727 insanelysane
insanelysane's picture

In addition to rape without prosecution, other IMF perks include $3,000/night hotel rooms, 5 star meals, and first class travel.

Wed, 05/30/2012 - 14:43 | 2476735 insanelysane
insanelysane's picture

and they are "Socialists", try figuring that one out.

Wed, 05/30/2012 - 14:49 | 2476766 WTFx10
WTFx10's picture

“If one understands that socialism is not a share-the-wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead, it becomes logical, even the perfect tool of power-seeking megalomaniacs,” explained the late Gary Allen. “Communism or more accurately, socialism, is not a movement of the downtrodden masses, but of the economic elite.”
Socialism,communism,fascism the people in power over others ALWAYS get the BEST BENEFITS. Why is that?

Wed, 05/30/2012 - 14:57 | 2476809 AnAnonymous
AnAnonymous's picture

Not different from US citizenism which predates any of those copycats.

Wed, 05/30/2012 - 15:07 | 2476856 TheFourthStooge-ing
TheFourthStooge-ing's picture

Yes, sure, only if such conclusion can not be deemed indismissable.

Ponder it within the fabled past context of Chinese citizenism, from ancient times even very much so.


Wed, 05/30/2012 - 15:21 | 2476927 AnAnonymous
AnAnonymous's picture

US citizens can dismiss anything and everything. It is their eternal US citizen nature.

Wed, 05/30/2012 - 15:25 | 2476943 falak pema
falak pema's picture

read ancient rome =  us citizen.

Wed, 05/30/2012 - 15:32 | 2476971 AnAnonymous
AnAnonymous's picture

The romans hijacked humanity? Ah?

Only US citizens have attached and bound humanity to their fantasical assumptions.

The Romans acted on the behalf of the Romans. They killed, pillaged, destroyed on the behalf of the Romans.

How reading ancient rome could reflect US citizenism as US citizen are killing, pillaging, destroying on the behalf of all humanity?

No, US citizens are specific. Similarities can be found between most things.

Does not change US citizenism specificities.

Wed, 05/30/2012 - 15:34 | 2476983 falak pema
falak pema's picture

you make me laugh, good antidote to ZH gloom n doom.

Wed, 05/30/2012 - 15:19 | 2476917 slewie the pi-rat
slewie the pi-rat's picture

yoo hoo!  lordActon!

Wed, 05/30/2012 - 14:42 | 2476729 First There Is ...
First There Is A Mountain's picture

Qu'ils mangent de la brioche.....when SHTF for real, cockroaches like Lagard will be scurrying for cover otherwise it's off with her head (god willing).

Wed, 05/30/2012 - 14:42 | 2476731 GOSPLAN HERO
GOSPLAN HERO's picture

"I can never understand why God would have spared a poor Finnish girl when all those rich people drowned." ~~ Anna Turja Lundi, Titanic survivor.

Wed, 05/30/2012 - 15:48 | 2477080 Matt
Matt's picture

That was a very well trained sheep for the tax farm. Whoever has her descendants sure is lucky.

Wed, 05/30/2012 - 14:45 | 2476749 olle
olle's picture

Is n´t this a CO´s worst fear: "Do as I say, don´t do as I do"

...or how you bail Yourself out of being a trustee leader


Wed, 05/30/2012 - 14:47 | 2476757 1100-TACTICAL-12
1100-TACTICAL-12's picture

129 votes Why I Am Endorsing Mitt Romney For President (And Not Ron Paul)

Why I Am Endorsing Mitt Romney For President (And Not Ron Paul)

I understand that there are a number of Republicans (including Yours Truly) who are currently campaigning to become delegates to the Republican National Convention who have formerly expressed support for the presidential candidate, Ron Paul.

Like me, they may be running into some questions about their loyalty to the “presumptive candidate”, Mitt Romney.

For that reason, and others that I will soon explain, I thought it was high time for me to officially switch my support from Ron Paul and go on record endorsing Mitt Romney for President of the United States.

While I hope that my endorsement will help, in some small way, to promote party unity, I am also aware that there will probably be some cynics who doubt my sincerity. After all, it is public record that I have donated the maximum amount to the Ron Paul 2012 campaign. And my neighbors might have noticed the four foot “Ron Paul 2012” banner in my yard or the the eight by four foot sign that I bolted to an unused utility pole (lit by two floodlights and surrounded by twinkling multi-colored Christmas lights).

So to reassure any sceptics, here is a partial list of the reasons I am endorsing Romney for president:

1. Consistency - Mitt Romney has been unwavering in his public devotion to the principles and issues that would help to advance the political career of Mitt Romney.

2. Flexibility - Unlike Ron Paul who has been ridiculously rigid in his defense of the U.S. constitution, personal liberty, a balanced budget and the sanctity of life (so much so that he earned the nickname “Dr. No” in congress); Romney has shown that he is capable of rolling with the punches, going with the tide, changing with the times, and bending with the breeze.

3. Supporters - The top six donors to Romney’s campaign are banks (including Goldman Sachs, J.P. Morgan, Bank of America, etc.). Who knows what is best for the average American? Why, multi-billionaire bankers, of course. Obviously Romney’s supporters have the kind of deep pockets that can not only pay for his campaign, but also buy the kind of congress that will make SURE that America will have another TARP bailout if we need it.

On the other hand, 97% of Ron Paul’s donations come from individuals. His top three donor groups are the active military in the US Army, US Navy and US Air Force. Many of his donors live paycheck to paycheck, are small business owners, or are even unemployed. No wonder a lot of them are running out of money. Ron Paul has only himself to blame. After twelve terms in congress, lobbyists from the big corporations don’t even bother to come to his office. They know it would be a waste of time.

4. Public image - With unrelenting national and international press coverage labeling him as the “frontrunner” (and now the “presumptive candidate”) Mitt Romney has tremendous credibility. He has pearly teeth, perfect hair, tailored suits and looks, well... “presidential”. Ron Paul wears suits that could have come off the rack at J.C. Penney, has kind of a squeaky voice, talks for an hour without notes (let alone a teleprompter), and looks like your favorite uncle. You would never catch Mitt talking about things like “monetary policy”. Borrrrrrring!

5. Freedom - Romney knows that the greatest threat to our freedom are the “Islamo-fascists”. Not the Chinese, that manufacture everything that we consume and that we depend on to finance our national debt. Not the politicians, that treat the constitution like a blank piece of paper and the U.S. Treasury like their personal piggy bank. Not federal agents, that can track us by GPS, tap our phones without a warrant, watch the books we read and websites we visit, and monitor the politicians we support. And certainly not the President of the United States who now has the legal authority to order the execution of any American citizen that he suspects might be a “terrorist”. Or the American-born underage son of a “terrorist”. Or the underage friend who happens to be standing next to the American-born underage son of a “terrorist”.
After all, Obama has promised not to execute any U.S. citizen within the borders of the United States without a trial and I am fairly confident that Romney wouldn't either. At least not without a really good reason.
Ron Paul thinks the National Defense Authorization Act is unconstitutional. That’s just crazy. The Bill of Rights prohibits “unreasonable search and seizure”, it doesn’t say anything at all about “vaporization by a drone missile”.

6. Foreign Aid - Romney understands why we should continue to mortgage our children’s future to give foreign aid to ANY government of ANY country that isn’t actually at war with us; including countries that are run by a dictator or whose citizens have a higher per capita income than the United States. Romney knows that the only TRUE friends are the ones that you buy and the best way to foster economic independence is to GIVE a country hundreds of billions of dollars.That is why Afghanistan, where 97% of the gross national product comes from the United States treasury, is so loyal and has such a vibrant economy.

7. Foreign Policy - Here again is where Romney really shines. He knows that American exceptionalism means that we should police the world. He knows that in this age of global economy, there are no nations in which the United States does not have a “vital national interest”. And even if there were, we could always justify bombing them to “prevent a bloodbath” or “promote democracy” or “enforce a U.N. resolution”. That means that Americans can rest easy knowing that we are spending ourselves into bankruptcy paying for the defense of impoverished countries like Germany, Japan, and South Korea so that they don’t have to tax their corporations which can then manufacture inexpensive cars and flat screen TV’s that put Americans out of work.

8. National debt - Romney is against it. How do we know? Because he said so a whole lot of times in a very convincing tone of voice. And just as soon as he is elected president he will show us how we can eliminate the budget deficit without raising any taxes, eliminating any cabinet departments, reducing military spending, or cutting Social Security, Medicare, or any other popular program. How will he do this? Well he hasn’t explained his whole program but it has something to do with getting rid of all of those federal regulations that are smothering small businesses like Goldman Sachs.

9. Immigration - Romney is the only candidate who has had the guts NOT to come out with a firm stand on this thorny issue.

10. Charisma - Romney has tons of it. Almost as much as Obama. Why is this important? Because in 2016, when the national debt has soared to record heights and unemployment is still in double digits it will take a lot of “charisma” to convince the voters to put him (or any other Republican) back in office.

11. Economy - Romney is a businessman. That means he is an expert on “economics”. He is also in favor of “free enterprise”. That’s why he likes the Federal Reserve. They print all of our money. Then they GIVE it to Goldman Sachs, which LOANS it back to the U.S.Treasury and charges the taxpayer interest. How is this “free enterprise”? Because Goldman Sachs gets to take our money, for FREE!
But that isn’t the reason Goldman Sachs is the biggest contributor to the Romney campaign. Its because they know he is the “best man for the job”. And he knows a lot about the economy.

Romney had enough sense to know that the only way out of the 2008 crash was to give $700 billion dollars to the same guys that had caused the problem. Like Obama, he knew they were “too big to fail”, especially after Goldman Sachs and J.P.Morgan had bought them at fire sale prices. That is because Romney understands “free enterprise”.

12. Electability - Romney is electable. Everybody knows this because we heard it on Fox News. He knows that he doesn't need the support of the thousands of young people who have been attending rallies for Ron Paul or attending conventions or campaigning door to door or becoming delegates or GOP party officials for the first time. Why? Because he isn’t Obama. And he understands “free enterprise”.


Anyway, those are a few of the reasons why I am endorsing Mitt. But I saved the best for last. The main reason I am endorsing Mitt Romney is for my children.

You see, they need to understand the way the world REALLY works. My son and daughter need to see that their dad knows the score and why their hero should be someone like Mitt Romney. They need to learn from his and my example.

They need to know that it is never too late to learn from your mistakes, especially when it is politically convenient.

I want them to decide what is right, make a stand and never waiver,... until it becomes unpopular.

They need to learn that when the going gets tough, they should take a poll.

They need to know that if all of their friends want to do the wrong thing, it’s time to join the crowd.

Because after all, NOTHING is more important than getting along.

And that’s why I am endorsing Mitt Romney for president.

Wed, 05/30/2012 - 14:52 | 2476783 TWSceptic
TWSceptic's picture

To people junking him, it's called sarcasm (and good sarcasm I may add).

Wed, 05/30/2012 - 15:21 | 2476921 NotApplicable
NotApplicable's picture

Yesterday I realized that I actually want Romney to win in Nov. (even though my vote, as always, is NOTA (I'm the President of Me)).

Why? Because Dr. Paul's campaign is in the process of completely taking over the Republican Party, and by 2016, not a single RINO will stand a chance of surviving any primary campaign, even the sitting POTUS.

Hopefully we'll still have popcorn available in the cheap seats.

Wed, 05/30/2012 - 14:53 | 2476789 MsCreant
MsCreant's picture

Am I the only one who had to change a red to a greenie on this one?

Funny stuff!

Wed, 05/30/2012 - 16:35 | 2477029 SILVERGEDDON

What a cluster of fuck I am. I was thinking you were fucking serious until I read the entire post over again. Mittens the Nazi Bain Kapitalist. Just the man to suck the last financial capital out of the 99.9999 percent into the pockets of the only people he respects - those that are more powerful than he. Your suggestion - not you, and not Mittens, but your voluminous diatribe above, should be shot, pissed on, rolled in flour, deep fried, and then die in a fire.

Then again, if this is just social satire, you are forgiven - just don't give the goose stepper any false hope!!!!!!!!!!! 

Wed, 05/30/2012 - 16:21 | 2477201 the not so migh...
the not so mighty maximiza's picture

I hope someone throws a chair at that hairdo at the convention.

Wed, 05/30/2012 - 14:50 | 2476770 jowenchrist
jowenchrist's picture

Banzai you brilliant fiend ! you've hit the mark yet again ! 

Wed, 05/30/2012 - 14:50 | 2476776 MsCreant
MsCreant's picture

Hey shoe leather face...

Why don't you talk about how they got the god damn loans in the first place? Who let them in to the union? Based on what criteria? Based on what accounting practices? Should they have been allowed in? Should they have been loaned money?

She really likes to live dangerously.

Wed, 05/30/2012 - 14:55 | 2476798 AnAnonymous
AnAnonymous's picture

Who let them in? The same who are complaining.

Admission to EU and the rest is open to a vote and with veto opprtunity.

Sounds like the farmer of the poor no longer extract enough to consider keeping farming that poor.

Wed, 05/30/2012 - 15:23 | 2476931 NotApplicable
NotApplicable's picture

Someone's knocking at the door.

Somebody's ringing a bell.

Someone's knocking at the door.

Somebody's ringing a bell.

Do me a favor.

Open the door, and let 'em in.

Do NOT follow this link or you will be banned from the site!