Obama & Lagarde A Lethal Combination Destroying The World Economy

By Martin Armstrong: Christine Lagarde is a french lawyer who became chairman of the Chicago firm Baker & McKenzie. Obama endorsed Lagarde ahead of the vote claiming a woman would be proper after  Dominique Strauss-Kahn, had to resign after being charged with attempted rape in New York. However, the maid was found to be anything but credible and there is a dark cloud that hangs over this entire ordeal.  Strauss-Kahn was against some of the corruption he saw and to get Lagarde in that position made it perfect to turn Strauss-Kahn into an alleged rapist. Very curious. Lagarde has been a notorious French socialist to say the least. In an interview with The Guardian in May 2012, Lagarde was asked about economic crisis in Greece. Her response gave a deep glimpse into how the French elite view people with any money and her endorsement by Obama is no coincidence.

“Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax.”
Even more than you think about all those now struggling to survive without jobs or public services? “I think of them equally. And I think they should also help themselves collectively.”
How? “By all paying their tax. Yeah.”
It sounds as if you essentially are saying to the Greeks and others in Europe, you’ve had a nice time and now it’s payback time. “That’s right.” She nods calmly. “Yeah.”

Obama is of the same mindset and views anyone who even tries to hide money as a criminal. Sources have been warning all along that Obama would like to see the tax rate restored to where it was before Reagan – 70%. With the new technology to track money and with Lagarde, the two have been pushing to try to shut down every possible avenue to store wealth they cannot get their hands on.
Lagarde and Obama are actually pushing the rest of the G20 into destroying the world economy. They think they actually have a right to whatever you earn and it is their decision how that should be spent and they should decide what you “need” to sustain life. This is a very serious issue for these two are responsible for the inability of the world to recover and this is why the emerging markets have declined so sharply because these people are wiping out the ability to expand investment globally for anyone who has money outside their reach is assumed to be criminal,
The failure of government and their inability to pay pensions will be blamed on anyone who has money, which is the real definition of the “rich”. If you earn any income, it belongs to them to decide what to do with it. They tell themselves that their intentions justify their actions, but they are still violating the Ten Commandments by coveting their neighbor’s goods.

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