1.0 link 212901 <![CDATA[Simon Johnson: Via IMF, Our Tax Money Will Bail Out Eurobanks]]> http://www.huffingtonpost.com/robert-naiman/simon-johnson-via-imf-our_b_212901.html The official story is that the $108 billion for the International Monetary Fund that the House leadership wants to attach to the war supplemental on Tuesday is "global stimulus," "foreign aid," "money for poor people in poor countries."

Critics like Mark Weisbrot of the Center for Economic and Policy Research say this is a ruse, and that the money is intended to bail out European banks from their exposure in Eastern Europe.

Weisbrot notes that

Almost all of the agreements that the...
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