I wrote only 2 days ago on how France is always prepared to bend the rules to help its own self interest. Now my opiniing has been vindicated. Mme Lagarde is accused of overstepping her authority to help prominent businessman and close friend of Sarkozy, Bernard Tapie over a controversial payment to BT of €285 million. Mme Lagarde denies the allegations but sarky is taking no chances and has arranged for the court ruling to be delayed until after the French election.
Poor DSK. Had he faced allegations from a chambermaid in France I doubt we would have heard of it and we certainly would not have seen him marched off in handcuffs by the police. Us Brits have a mild dose of the same disease with the Attorney General refusing an inquest into the death of Dr David Kelly. All governments will behave like this if they think they can get away with it. In the US they know they can't which is why I admire the US system, founded in part on the good old Scots declaration of Arbroath around 1410, so much.
A new contender has entered the IMF fray, the Israeli central banker Stanley Fischer. Now which way will the US government so influenced by the Jewish lobby go now on the US IMF vote? Its unlikely Mme Lagarde can win if the Yanks vote for Fischer. Sacre bleu!
Meanwhile across the pond in Euroland the ECB and the Krauts squabble over haircuts on Greek bonds and the Greek opposition party is now running ahead of the ruling PASOK party which has been steadily losing popularity since the first bail out and resulting austerity measures. Reuters reports the Greeks are ever more ready to take to the streets.
Mr Farage, what are you and UKIP doing to capitalise on this turmoil in Euroland?