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Entries in IMF (55)


ALG - No more IMF money for Greece, and defund IMF $100 billion credit line


July 1, 2015, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement in response to Greece's default on $1.7 billion of International Monetary Fund (IMF) debt, a U.S. taxpayer funded institution: 

"The IMF was never supposed to fund developed countries like Greece, Ireland, or Portugal, yet in the financial crisis these three countries have borrowed a whopping $54 billion from it, accounting for 55 percent of all its current outstanding loans. All that time the American people were assured that there was zero risk of default, a façade that has now been exposed as pure vapor with Greece's $1.7 billion missed payment to the IMF. 

 "Not one more penny should go to bailing out European socialist governments and the banks that lent them the money. Congress should prohibit the use of any funds created by the $100 billion New Arrangements to Borrow credit line, a 2009 expansion initiated by the Obama administration from being used for any purpose. In addition, it is the duty of Congress to prohibit the use of quota funds to cover any obligations owed by Greece to the IMF — now totaling $23.6 billion

"If the Obama administration wants to support Greece or ay other bankrupt government financially, he should have to go to Congress to request the funds as the Constitution mandates." 

To view online:


"U.S-backed IMF loans prolong Greece's agony," By Robert Romano, June 10, 2015 at   


Americans for Limited Government is a non-partisan, nationwide network committed to advancing free market reforms, private property rights and core American liberties. For more information on ALG please visit our website at


CEI Today: GMOs + Pompeo/Tiahrt, IMF carbon taxes, Operation Choke Point, and more 

Monday, August 4, 2014
In the News Today


GMOs, POMPEO, AND TIAHRT - GREG CONKO GMO Row Comes to Kansas Congressional Race

The Kansas Republican primary race pitting incumbent Rep. Mike Pompeo against his 4th congressional district predecessor Todd Tiahrt has become heated lately. The generally reliable conservative Tiahrt is hammering Pompeo for sponsoring a bill the former says is a sellout of free market conservative principles. In truth, the bill to limit state power over genetically modified (GM) foods is something conservatives and other free market advocates should get behind. 
> Read more

> Interview Greg Conko


IMF CALLS FOR CARBON TAXES - MARLO LEWIS IMF Calls for $1.60/Gal. Hike in Motor Fuel Taxes

The International Monetary Fund (IMF) has just published a 277-page report advocating carbon taxes. The only attraction carbon taxes have for Washington’s big spenders is as a source of new revenue. This is especially the case in an era of half-trillion dollar deficits. As Heritage Foundation economist David Kreutzer quipped, “It is a delusion to believe that $200 billion in new revenues could walk across town [in Washington, D.C.] without getting molested.”
> Read more

> Interview Marlo Lewis


OPERATION CHOKE POINT - IAIN MURRAY "Operation Choke Point" Targets Legal Businesses, Harms American Consumers

A new Competitive Enterprise Institute report digs into a campaign by federal regulatory agencies to shut down businesses that are politically disfavored but perfectly legal, under the pretext of preventing fraud. “Operation Choke Point targets perfectly legal industries by designating them high-risk, which in turn has a chilling effect on the willingness of banks to do business with them,” said Iain Murray, author of “Operation Choke Point: What It Is and Why It Matters.

> Interview an expert


High Cost of Big Labor

The Unintended Consequences of Collective Bargaining

With high levels of unionization and no right-to-work laws, union presence has cost individuals more than $10,000 in income over the last 50 years. > Read more


See also:

An Interstate Analysis of Right to Work Laws
Understanding Public Pension Debt


Apply for CEI's Journalism Fellowship!

CEI's Warren T. Brookes Journalism Fellowship is a one-year fellowship that aims to provide journalists the opportunity to improve their knowledge of free markets principles and limited government through interaction with CEI policy experts. >


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Saturday, 10am ET

General Counsel of @ceidotorg, Sam Kazman on the latest Obamacare court decisions.


CEI President Lawson Bader


Big government
ripple effect



ALG's Daily Grind - Obamacare's part time economy 


July 7, 2014

Obamacare's part time economy
The unemployment rate headlines were joyous and Wall Street took off.  The Labor Department's Bureau of Labor Statistics reported that June's unemployment rate was down to 6.1 percent.  But what did the numbers mean, after you looked beneath the headline?

OPEC for the Internet
Why is the U.S. government ceding its own property and creating a private, global monopoly over all Internet domain names?

Elitist activism: The Washington Redskins and the arrogance of Capitol Hill
Washington Times FOIA request reveals not a single person filed a complaint or negative comment about the Redskins team name to the U.S. Patent and Trademark Office before the government agency's ruling.

Armstrong: Expropriation Is Back - Is Christine Lagarde The Most Dangerous Woman In The World?
"A new IMF paper is described in great detail exactly how to now allow the private sector, which has invested in government bonds,  to be expropriated to pay for the national debts of the socialist governments."


ALG's Daily Grind - Is college still worth it? 


June 10, 2014

Permission to republish original opeds granted.

Is college still worth it?
The Senate debates expanding student loan program as loans artificially drive up tuition, leaving fewer choices for our children down the road.

Cartoon: Taliban fans
Taliban applauds prisoner swap.

IMF playing with fire on errant austerity claims
"Playing with fire," is how the International Monetary Fund's chief economist, Oliver Blanchard characterized the United Kingdom's budget cutting policies a year ago.  Today, the UK has the most robust economic growth of any of the G7 economies at 2.9 percent this year.

Limbaugh: The Obamacare nightmare continues amid other scandals
"[A]t least 4 million of the 8 million total Obamacare sign-ups contain flawed applications, according to a report by House Republicans… based on a chart prepared by federal Obamacare contractor Serco that shows more than 4 million application discrepancies as of May 27."


ALG's Daily Grind - Unions coming to college football?


March 31, 2014

Permission to republish original opeds granted.

Unions coming to college football?
If the Northwestern University football players had realized what they were litigating for, one suspects they just might wish they could get an instant replay reversal of the decision.

Has the time come for worldwide sugar subsidies to end?
A unique opportunity has emerged as Australia, Colombia, Brazil, Paraguay, Thailand, Canada, El Salvador, the European Union and the United States all complain to the WTO about massive sugar subsidies in India that threaten the world sugar market. Why not just end them all?

New Virginia law protects farmers from meddling local officials
Fauquier County officials forced family farmer Martha Boneta to cease selling produce from her own 64-acre farm, and so she took action and had Commonwealth law changed.

New York Sun: Lagarde's Waterloo
"The failure [on March 25] in the Senate the so-called "reform" of the International Monetary Fund is an encouraging moment. Senator Reid had tried to tie the scheme, a lunge for money, to the Ukraine rescue, but then retreated, saying the IMF part of it would not have been able to pass the House."