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Originally posted by burntheships
reply to post by Stormdancer777
I am with you there...I too post to flesh it out in my soul, and vent! And to inform...just as your good post today will inform others. We have to dowhat we can, as long as we can.
Soon, if that new legislation before congress passes, we will lose the freedom of the internet, and it too will be "censored"! Post while we can!
Keep up the good work Stormdancer!
The World Bank - IMF is owned and controlled by NM Rothschild and 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take the world over through money. The former chief economist of the World Bank, Joe Stiglitz, was fired recently. He pointed out to top executives that every country the IMF/World Bank got involved in ended up with a crashed economy, a destroyed government, and sometimes in flames with riots. Jim Wolfensen, the president of the World Bank would not comment on his dismissal.
Before Joe Stiglitz was fired he took a large stack of secret documents out of the World Bank. These secret documents from the World Bank and the International Monetary Fund reveal that the IMF required nations:
1. to sign secret agreements of 111 items
2. in which they agreed to sell off their key assets - water, electric, gas, etc.
3. in which they agreed to take economic steps which are really devastating to the nations involved
4. in which they pay off the politicians billions of dollars to Swiss bank accounts to do this transfer of a countries fixed assets
If they do not agree to these steps they are cut-off from all international borrowing. Today if can’t borrow money in the international marketplace, no one can survive, whether you are people or corporations or countries. If that does not work they overthrow the government and plant lies about the former government and/or even rewrite history.
Originally posted by burntheships
The World Bank - IMF is owned and controlled by NM Rothschild and 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take the world over through money. The former chief economist of the World Bank, Joe Stiglitz, was fired recently. He pointed out to top executives that every country the IMF/World Bank got involved in ended up with a crashed economy, a destroyed government, and sometimes in flames with riots.
Originally posted by GoldenFleece
"Give me control of a nation's currency and I care not who makes it's laws."
~Mayer Amschel Rothschild
Fourteen Reasons to Protest in April, 2009! These listed are the first Five reasons!
1. IMF/World Bank structural adjustment programs have increased poverty around the world.
Structural adjustment -- the standard IMF/World Bank policy package which calls for slashing government spending, privatization, and opening up countries to exploitative foreign investment, among other measures -- has deepened poverty around the world. In the two regions with the most structural adjustment experience, per capita income has stagnated (Latin America) or plummeted (Africa). Structural adjustment has also contributed to rising income and wealth inequality in the developing world.
2. IMF/World Bank "debt relief" for poor and indebted countries is a sham.
Many poor countries must devote huge portions of their national budgets to paying back foreign creditors -- often for loans that were made to or for dictators, wasteful military spending or boondoggle projects. The money used to pay back debt subtracts from essential expenditures on health, education, infrastructure and other important needs.
The IMF/World Bank plan to relieve poor countries' debt burden will leave most poor countries paying nearly as much as they currently do. And all of the debt relief is conditioned on countries undergoing years of closely monitored structural adjustment.
3. The IMF has helped foster a severe depression in Russia.
Russia in the 1990s has witnessed a peacetime economic contraction of unprecedented scale -- with the number of Russians in poverty rising from 2 million to 60 million since the IMF came to post-Communist Russia. The IMF's "shock therapy" -- sudden and intense structural adjustment -- helped bring about this disaster. "In retrospect, it's hard to see what could have been done wrong that wasn't," says Mark Weisbrot of the Center for Economic and Policy Research.
4. The IMF helped create and worsen the Asian financial crisis.
The IMF encouraged Asian countries to open their borders to "hot money" -- speculative finance invested in currency, stocks and short-term securities. That was an invitation to trouble. The Asian financial crisis resulted from the hot money brokers' herdlike decision to leave Asian countries en masse.
Once the crisis hit, the IMF made things worse by requiring structural adjustment as a condition for IMF loans. The result was a surge in bankruptcies, layoffs and poverty. In Indonesia, poverty rates rose from an official level of 11 percent to 40 to 60 percent, depending on the estimate. At one point, Indonesia's food shortage became so severe that then-President Habibie implored citizens to fast twice a week. Many had no choice.
5. The IMF bails out big banks.
The IMF bailouts in Asia, like those in Russia and Mexico, directed money to those countries largely for the purpose of paying off loans to foreign banks. Thanks to the IMF, the banks escaped significant losses for imprudent lending decisions. Citigroup, Chase Manhattan and J.P. Morgan were among the beneficiaries of the "Korean" bailout...Source