It is bad enough that Russia has files on plagiarism by econ profs who work at IMF or their students or those linked to Harvard, MIT, University of Chicago, Stanford, Yale, Princeton, etc. Its bad enough that China, India, and Pakistan have been reverse engineering Russia’s plagiarism files and making use of them at the IMF and World Bank for decades.
Its bad enough that Russia used these to get low interest rate IMF loans in the 1990’s from Larry Summers and Stanley Fischer. Its bad enough that Bush and his operatives likely used this to pressure the Clinton team in 1998 for the Iraq Liberation Act. Its bad enough that Pakistan and India likely used it in 1998 to get away with their nuclear tests and Pakistan to support terrorism. Its bad enough that Bush likely used this to influence the Supreme Court in Bush v. Gore and then pressure Gore to go away and give up on the 2004 race because Harvard and the Clinton profs had possibly kept information from the USAO Mass investigation of Harvard that started in 1997.
Now after all this, the new IMF head Strauss-Kahn wants to give the voting power of the IMF to the borrowers. Russia alone among the kompromat countries is to lose votes according to the proposal now, but that might not hold up in the end.
The borrower winners includes the other countries doing the kompromat pressure already, China, India, and Pakistan. This is rewarding blackmailers with control of the bank. Now they don’t have to use blackmail, they can just vote themselves money like oligarch boards do at commercial banks already. The countries that have the kompromat files are being given a permanent payoff in the form of more votes. This is allowing these countries to repeat the same tactics Russia used to borrow based on its kompromat files on academia, Wall Street and the US Treasury.
Russia had put up its own candidate as part of its kompromat pressure. The killing of Litvinenko was also part of this. So have its arms sales to Iran, the comments Putin made about Stanley Fischer and the offering him a job, etc. This was after it was exposed on the internet how they had kompromat files on the profs in the 1990’s who gave them over 20 billion in low interest rate IMF loans.
Congress has an obligation to step forward and police this. So do the top people at DOJ and the intelligence agencies. Their job is not to let foreign countries get things by improper means. Their job is not to help Bush and Clinton and their close-in people get away with this. Their job is to tell.
http://www.imf.org/external/np/sec/pr/2007/pr07197.htm
Dominique Strauss Kahn campaigned for his position by promising to give voting rights from lenders to borrowers. This is the worst sort of pandering. He should be removed from his position for the way he got it. Not unusual in today’s world, or yesterday’s.
http://www.iht.com/articles/2007/10/01/business/imf.php
In his maiden news conference as the leader of the International Monetary Fund, Dominique Strauss-Kahn vowed on Monday to make the global lender more relevant for rising economic powers like Brazil, Mexico, India and China.
“They must have a voice and more participation,” Strauss-Kahn said, adding that if not, “at the very end of the day, the very existence of the Fund will be at stake.”
Manmohan Singh, the PM of India has spent his career reverse engineering Russia’s use of plagiarism files in economics. He has a Ph.D. in economics. He has received help, most likely, from the Indian econ diaspora in America and the U.K. The U.K. has liability going back to Dirac and Fowler plagiarizing Born and Jordan in 1925 in the development of matrix mechanics. Manmohan Singh gave a talk at Moscow State University name dropping those involved in this from 1925 to the present recently. Russia knows he has reverse engineered their files and methods in this area and that Moscow State University did much of the work over the decades, particularly the math department.
India and Singh will get to repeat Russia’s play from the 1990’s, know kompromat on profs in the US government and get loans. This has to stop. We have to stop giving them our nuclear know how and letting them violate the non-proliferation treasury.
More about Singh’s role here:
http://oldatlanticlighthouse.wordpress.com/category/manmohan-singh/
Rep Edward Markey has been fighting the India nuclear deal in Congress.
search Edward Markey India
http://markey.house.gov/index.php?option=com_content&task=view&id=3009&Itemid=56
WASHINGTON, D.C. – Representative Edward J. Markey (D-MA), a senior member of the House Energy and Commerce Committee and the co-chair of the House Bipartisan Task Force on Nonproliferation, today responded with skepticism to claims that the 123 agreement for nuclear cooperation between the United States and India fully complies with the letter and spirit of the Hyde Act and the Atomic Energy Act. Rep. Markey said, “If the US-India agreement is really consistent with the letter and spirit of the Hyde Act, as the administration claims, why won’t they release the text? If they’re afraid of letting us read the document, then I can only surmise that it includes provisions they fear will raise the hackles of Congress. They’re turning the Hyde Act into the hide-and-go-seek act, but no level of diplomatic double-speak will stop Congress from investigating why India is claiming such enormous concessions.
http://www.reuters.com/article/bondsNews/idUSL0193131220071001
Strauss-Kahn said he had traveled 100,000 km (60,000 miles) to convince many of the IMF’s 185 member countries that he meant what he said in proposing a shake-up of the IMF to better reflect the rise of emerging market economies and the interests of less developed ones, plus the need to better regulate globalisation.
One of the biggest challenges he inherits is reforming the vote count to give China and the other emerging stars more of a say alongside the Western Europeans and the Americans who have dominated the agency over its existence of more than 60 years.
This article is draft and preliminary and subject to substantial revision. This is hypotheses, speculation or opinion. Statements that are assertions should be restated as questions or hypotheses.
