Diary

The neo-con Managing Director of the International Monetary Fund (IMF) has called for a, “....global solution to the U.S. financial crisis.”

Dominique Strauss-Kahn, the “neo-con” Managing Director of the International Monetary Fund (IMF) has called for a, “….global solution to the U.S. financial crisis.” Strauss-Kahn, further states that, “the reform process could begin this month when finance ministers and central bankers convene in Washington for the IMF – World Bank Annual Meeting.”

In France Strauss-Kahn, or DSK as he is often referred to, has come to be considered as a “neo-liberal” – which we in the U.S. refer to as a “neo-con.” His political and economic evolution began when as a young man DSK became a member of the French Union of Communist Students (UEC).

DSK’s next incarnation came when he joined the Center on Socialist Education Studies and Research (CERES). In 1981 he continued to evolve by joining the Socialist Party (PS). He was eventually appointed to membership in what the PS refers to as it’s “Group of Experts of the Socialist Party”.

In 1994 his transformation no doubt intensified when DSK was invited by Raymond Levy, Director of Renault to join the Cercle de l’Industrie, a French industry lobby in Brussels. This lobbyist activity resulted in his being criticized by the French left including the “Alter-Globalizationists” who favor globalization which is “….respectful of human rights, the environment, national sovereignty, and cultural diversity.

Appointed Minister for Economics, Finance, and Industry in 1997 DSK demonstrated the extent of his divergence from the Socialist Party’s economic theories by implementing a variety of wide ranging “privatization” programs. He also opposed implementation the French 35 hour work week.

In 2005 Strauss -Kahn favored French ratification of the “Constitution of Europe.” Fellow PS member Lauernt Fabius opposed it. When 55% of the electorate voted against ratification and the proposed constitutional amendment failed DSk’s prestige within the PS declined. In June of 2007 DSK resigned from the Socialist Party’s National Directorate.

On 10 July 2007 the now “center-left” Strauss-Kahn was nominated by the new “center-right” President of France, Nicolas Sarkozy to be Managing Director of the International Monetary Fund.

On 28 September 2007 the IMF’s 24 Executive Directors selected DSK as the new Managing Director. DSK had the support of the leaders of the European Union’s 27 nations,the United States, China and most of the African nations.