Comments on: What did IMF know about Venezuela coup, and when did they know it? http://polizeros.com/2007/07/29/what-did-imf-know-about-venezuela-coup-and-when-did-they-know-it/ Musings on politics: anti-war, global warming, peak oil and otherwise Thu, 04 Dec 2008 21:19:08 +0000 http://wordpress.org/?v=2.6.1 By: Joe Hartley http://polizeros.com/2007/07/29/what-did-imf-know-about-venezuela-coup-and-when-did-they-know-it/#comment-139435 Joe Hartley Sun, 29 Jul 2007 18:05:23 +0000 http://polizeros.com/2007/07/29/what-did-imf-know-about-venezuela-coup-and-when-did-they-know-it/#comment-139435 The IMF, like the Fed, has detailed contingency plans on almost every likely occurence. A coup is hardly an unexpected occurence in Latin America, and it would be folly not to have contingency plans on hand. There's nothing particularly cynical or sinister about this, although had Wolfowitz continued running the IMF, you can be sure that there would have been NO plans remaining for contingencies. The IMF, unlike the Bush administration, is competent and has foresight. The IMF, like the Fed, has detailed contingency plans on almost every likely occurence. A coup is hardly an unexpected occurence in Latin America, and it would be folly not to have contingency plans on hand. There’s nothing particularly cynical or sinister about this, although had Wolfowitz continued running the IMF, you can be sure that there would have been NO plans remaining for contingencies.

The IMF, unlike the Bush administration, is competent and has foresight.

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