A new International Monetary Fund chief is in line to be appointed after receiving a major endorsement from the Obama administration today. French Finance Minister Christine Lagarde would be the first woman to head the lending organization, replacing Dominique Strauss-Kahn, who resigned last month after being charged with sexually assaulting a New York City hotel housekeeper. In a statement U.S. Treasury Secretary Timothy Geither said Lagarde’s "exceptional talent and broad experience” will provide invaluable leadership for the bank at a critical time for the global economy.
Jan Randolph, the director of sovereign risk at IHS Global Insight, said that despite being a European, Lagarde could prove to be a strong advocate for handing more power at the IMF to developing economies. "She went out of her way on her road show to say, 'I'm actually your best candidate for change,' " he said. "We'll be interested to see whether the deputy positions will be released from this horse trading," he said. "We might see a loosening of this stitch-up."
Michele Bachmann, who just announced her intent to run for president in 2012 has already made the biggest mistake one can make when running for office: compare yourself to a serial killer. According to Bachmann, she’s not only the “bold choice” for office, but she would work in the “spirit of John Wayne from Waterloo.” No, not the guy who said, “courage is being scared to death … and saddling up anyway.” The one who said, “a clown can get away with murder.”
'The liberals, and to be clear I am not one of those (a serial killer), want you to believe the Tea Party movement is just the right wing of the Republican Party. Nothing could be further from the truth, said Bachmann in a speech to supporters in Waterloo.
According to TMZ, Chuck Lorre, the creator of Two and a Half Men, wants to kill off Charlie Sheen’s character to make sure that he never returns. The new season’s first episode is set to be filmed in August and writers are currently bouncing ideas about how his character dies. One of them reportedly involves Charlie driving his car off of a cliff. The news to kill off the beloved character comes just a day after it was reported that the last of Sheen’s goddesses, Natalie Kenly, had moved out.
Sheen reportedly told the goddesses to give back his Mercedes and they can have their VD.