Tag: dominique strauss-khan

DSK and the Pernicious ‘Perp Walk’

My column at the Washington Examiner (and Reason.com) this week uses the collapse of the Dominique Strauss-Kahn case to argue against the “perp walk,” which has become a form of pretrial punishment and a way for spotlight-hungry prosecutors to grab attention—whether the ‘perp’ turns out to be guilty or not:

Back in May, when New York law enforcement paraded DSK before the cameras, hands cuffed behind his back, the French were outraged. “Incredibly brutal, violent and cruel,” France’s former justice minister gasped.

Irritating as it might be to admit it, the French have a point. The “perp walk”—in which suspects are ritually displayed to the media, trussed up like a hunter’s kill—has become common practice among prosecutors. But it’s a practice any country devoted to the rule of law should reject.

Of course, DSK isn’t the most sympathetic victim of the perp walk ever, nor, given paramilitary policing and “no knock” raids, is the perp walk the most abusive police/prosecutorial practice out there. But it’s at best a pointless indignity, and at worst a threat to due process—which is why it should be reined in. For Cato work on police tactics and misconduct, go here; and also see Reason’s recent “criminal justice” issue.

Europe Has Done Enough Harm to the IMF

With Dominique Strauss-Kahn (DSK to his friends and lovers) having finally resigned as head of the International Monetary Fund, the race has begun among those in Europe who wish to succeed him.  First, the real debate should be over how soon can we shut down the IMF, not over who should be reaping the spoils.  Its original purpose under Bretton Woods became irrelevant decades ago.  And while it found a new role as bailout fund for international banks, this new role is not one we should be supporting.

Given we are probably stuck with the IMF, the question becomes who should run it.  Europeans are now arguing that the European sovereign debt crisis displays the need for Europe to remain in control.  In fact I believe it demonstrates the opposite: European politicians have time and time again proven they cannot be trusted with a large pot of taxpayer’s money, whether it is the Greek government or the IMF.  To put another European in charge is the financial market equivalent of letting the alcoholic guard the liquor cabinet.  Any European politician will likely hand out funds without any real strings attached.  Just as a European-led IMF was all too happy to force restructuring on developing countries (rather than allow Western bondholders to take a loss), real reductions in government spending should be required of any country accepting IMF assistance.  Else the losses should be imposed on those who gambled: the bondholders.  If we fear such losses will push European banks into failure, then deal with those failures directly, honestly and transparently.  Citizens around the world are tired of bank bailouts, backdoor or otherwise.  As long as the political elite remained deaf to public objections to the bailouts, we should not entrust these same politicians with the IMF.