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IMF calls for swift U.S. action on debt
Chicago Tribune ^ | July 25, 2011 | Reuters

Posted on 07/25/2011 9:19:40 AM PDT by Oldeconomybuyer

The International Monetary Fund warned on Monday the United States must raise the debt ceiling quickly and get its debts under control for the sake of the global economy.

The IMF's urging came as part of a review of U.S. economic prospects in which it concluded a slow-paced recovery can continue with some fiscal tightening but stressed that public debts were a concern.

"Directors (on the IMF board) highlighted the urgency of raising the federal debt ceiling and agreeing on the specifics of a comprehensive medium-term consolidation program," the IMF said as efforts continued between the Obama administration and lawmakers.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: failure; kenyanomics; nwo; obamanomics; socialism; soros; sorosorg; stopimffunds
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Epic failure.
1 posted on 07/25/2011 9:19:41 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Who?


2 posted on 07/25/2011 9:20:51 AM PDT by Libloather (The epitome of civility.)
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To: Oldeconomybuyer

Aha - something else to cut. How much is robbed from us to pay this sham outfit?


3 posted on 07/25/2011 9:23:37 AM PDT by Principled
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To: Oldeconomybuyer
"Directors (on the IMF board) highlighted the urgency of raising the federal debt ceiling and agreeing on the specifics of a comprehensive medium-term consolidation program,

This is the first organization on the list that needs to be eliminated...

4 posted on 07/25/2011 9:24:31 AM PDT by Iscool (I don't understand all that I know...)
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To: Libloather
Who?

International Mo Fos.

5 posted on 07/25/2011 9:25:35 AM PDT by dfwgator
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To: Oldeconomybuyer
All the libs of the world are worried that they will stop getting their handouts.
6 posted on 07/25/2011 9:30:19 AM PDT by frogjerk (Greedo did not shoot first.)
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To: Oldeconomybuyer

MYOB IMF


7 posted on 07/25/2011 9:31:31 AM PDT by liberalh8ter
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To: dfwgator
International Mo Fos.

My first thought - if they're so damned important, why don't they raise it themselves?

8 posted on 07/25/2011 9:32:48 AM PDT by Libloather (The epitome of civility.)
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To: Oldeconomybuyer

Sheesh, did they run out of menials to shag?


9 posted on 07/25/2011 9:34:51 AM PDT by Tijeras_Slim
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To: Oldeconomybuyer

To hell with the IMF.The U.S. Is the main contributor to that organization so we have NO reason to listen to their socialist crap.

We need to lower our debt limit.Not increase it.


10 posted on 07/25/2011 9:35:19 AM PDT by puppypusher (The World is going to the dogs.)
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To: Oldeconomybuyer
Hey IMF, just kick America out of the IMF, let the broke asses in the EU fund you. LOL, what a crock..
11 posted on 07/25/2011 9:38:56 AM PDT by org.whodat (Speaker West, name sounds good.)
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To: Tijeras_Slim

No, they ran out of our money to pay for the $5 000/night hotel rooms where they shag the hotel menials.


12 posted on 07/25/2011 9:40:24 AM PDT by patton (I am sure that I have done dumber things in my life, but at the moment, I am unable to recall them.)
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To: Oldeconomybuyer

Who is the IMF??? Tell them to go play in traffic!


13 posted on 07/25/2011 9:40:59 AM PDT by swamprebel ((jmho))
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To: Principled
Aha - something else to cut. How much is robbed from us to pay this sham outfit?

Here's the latest, and it's results....

Greek bailout leads to rating downgrade

14 posted on 07/25/2011 9:43:46 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: Libloather

$3,000 per night hotel resident files complaint.


15 posted on 07/25/2011 9:45:56 AM PDT by Eric in the Ozarks (Eh ?)
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To: Oldeconomybuyer

They are “warning”... Or what? A midget Frenchman will rape another maid?


16 posted on 07/25/2011 9:46:55 AM PDT by GrandJediMasterYoda (Mark Halperin - Learned the hard way what happens when you speak the truth on PMSNBC.)
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To: Oldeconomybuyer

Soro’s told them to say this garbage of a scare tactic.


17 posted on 07/25/2011 9:49:04 AM PDT by Dubya-M-DeesWent2SyriaStupid! (Allen West 2012 Make it happen!)
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To: Oldeconomybuyer
"Directors (on the IMF board) highlighted the urgency of raising the federal debt ceiling

The IMF must be getting short of funds and want us to borrow print more so we can finance them a little longer. sort of like spreading the cash around to the rich and infamous before we go under.

18 posted on 07/25/2011 9:51:25 AM PDT by chainsaw (I'd hate to be a democrat running against Sarah Palin.)
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To: Oldeconomybuyer

They need to money to keep rolling. They’ve started talking to Zimbabwe again and the Libyan rebels and will need a new cash infusion.


19 posted on 07/25/2011 9:52:19 AM PDT by Pan_Yan
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To: Oldeconomybuyer

I agree.

And I think the IMF giving us back all the money they’ve accepted from us over the years would be an excellent first step.


20 posted on 07/25/2011 9:53:15 AM PDT by WayneS (Enlightened statesmen will not always be at the helm. -- James Madison)
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