When people are outraged at over-the-top lifestyles of corporate executives, I couldn’t care less unless I happen to own stock in the company in question. But when the lavish spending for a jet-setting exec is being paid for out of tax revenues, then I start caring. It’s bad enough that there’s such an institution as the International Monetary Fund, but it’s worse when the French socialist who heads the IMF lives a champagne lifestyle paid for by money that ultimately came from taxpayers of the nations who fund the organization.
I have no idea whether Dominique Strauss-Kahn is guilty of the rape he’s been arrested for, but I’m glad the case is shining a light on the free-spending ways of international bureaucrats who aren’t really accountable to anyone. Slate has a story this week outlining the kind of money Strauss-Kahn spends and the lifestyle he leads. It’s worth a read.
In the absence of a market, there’s no accountability. Even if it turns out that he’s innocent of the rape allegations, taxpayers have been raped by people like this for long enough. The state is a parasite, and the “super-state” made up of international organizations is a parasite that’s answerable to pretty much nobody. Why do we allow this to go on?
Healthiest relationships come from
That huge fed debt increase? They’ve already used 60 percent of it
As communists gain strength, things could go from bad to worse in Russia