Wednesday, 18 May 2011

DSK CRISIS PROVOKES A RETHINK


The problems DSK has created and must now face, following his alleged sexual attack of a chambermaid in the Sofitel Hotel in New York, are more than just food for thought !!!  They are perceived the world over in many different ways !!!

1)  The IMF
          Everyone there realizes that DSK cannot in present circumstances fulfill his role. Someone must replace him at all important meetings.  The question is for how long ?  In fact the Real Question has become whether he can honourably come back and honourably represent the IMF afterwards ?

2)  Who can replace DSK ?
         The next leader of the IMF must be a non American, i.e. not a USA subject. However, the leader of the World Bank is always an American. There is already a list of the leading contenders on which one finds the name of a very capable French woman, the current French Finance Minister, Christine Lagarde.  She could become a creditable contender in the coming months.

3)  The French Socialists are shocked
          Socialists in France have been shattered by what has happened this week.  Everyone knew that DSK was virtually the best Socialist candidate to win the Presidential election next year.  There are, however, several candidates who now slowly realize that the major player has ruined his chances and that their own chances have perhaps increased as a result !!!  The in-fighting in the Party will begin shortly, very shortly !!! 

4)  Legal systems vary the world over !!!
          What the events of this week have highlighted is that the legal system in France is not the same as that of the United States !!!  A French subject in the USA cannot expect to be judged by French standards.
          This goes even further; other countries have other standards, for example Arabian or musulman countries !!!  When one is abroad one must respect the laws of that country !!!  Even this goes a lot further.  Foreigners on the soil of any country anywhere must behave and show respect.

           



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