Dupayosha of the Week of October 31, 2011  Christine Madeleine Odette Lagarde, née Lallouette

~ File:  FIMHUB (a/k/a Foot In Mouth Head Up Butt, to be readily confused with the less civil but synonymous, dreaded FIMHUA) ~

~ Dear Reader,  Please closely attend to this FIMHUB’s closing quote.  Note three pitiable piles:  the likelihood of unanimity among better than a dozen sovereigns whose populo minuto have drawn the others’ blood for time near immemorial; ‘whatever’ scruffs of leadership at its worst; ‘it takes’ points to keeping this FIMHUB in the high cotton and, otherwise, harkens the arbitrary and, at moments, capricious ‘keep moving’. ~

“Options for bolstering the IMF’s $391 billion war chest when the time comes include opening a trust fund or not rolling back a 2009 cash increase. They also discussed increasing the amount of the fund’s Special Drawing Rights. The G-20 agreed to have the IMF create a new, six-month line of credit for countries ‘with strong policies and fundamentals.’

“ ‘Whatever number, you would have found it too small,’ IMF Managing Director Christine Lagarde told reporters. ‘It’s much better to have a very strong unanimous support to do whatever it takes.’ ”

“G-20 Balks at IMF Aid on Europe’s [Lack of Success] to Stem Crisis” By Simon Kennedy and Sandrine Rastello, Bloomberg.com, Nov 4, 2011

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