IMF
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WHATS THE WORD IN JOHANNESBURG AS FINANCIAL CRISIS ROCKS “THE RAINBOW NATION” HOPES FOR PROGRESS? By Danny Schechter
Johannesburg: There was lots of skepticism when I came to South Africa two years ago to show my film IN DEBT WE TRUST. While my critique of consumer debt resonated, the film’s forecast of a financial crisis didn’t. Their economy seemed to be doing well and it was hard to tell a society that tends… Continue reading
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China, Copper, the Democratic Republic of Congo—and the IMF
In a classic example of the witless stenography that passes for Western reporting on Asian and African issues, the actual story – IMF threatens to withhold debt relief unless the Chinese deal is renegotiated – got a bit of a twist – as in Voice of America’s ‘Chinese Mineral Deal Blocking Congo’s IMF Debt Relief.’ Continue reading
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Bernanke’s Financial Rescue Plan: The growing prospect of a U.S. default by Mike Whitney
There are myriad problems with Bernanke’s lending facilities which are nothing more than a crafty way of transferring wealth from the Fed to private industry via low interest loans. Continue reading
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Morales about the IMF: “the wolf can not keep the flock”
Evo Morales has denounced Friday the injection of more than 1,000 billion dollars through the IMF against the global crisis, saying that countries at the root of the crisis can not solve it, or his words, that ‘the wolf can not keep the flock.’ Continue reading
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French Kissing NATO’s Global Mission Creep By DIANA JOHNSTONE
NATO’s original raison d’être, the supposedly menacing Soviet bloc, has been dead for twenty years. But like the military-industrial complex itself, NATO is kept alive and growing by entrenched economic interests, institutional inertia and an official mindset resembling paranoia, with think tanks looking around desperately for “threats”. Continue reading
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Dr. Vickramabahu Karunarathne: Postmodernism, Liberal Democracy and the War in Iraq For Meditation on Hajji Festival Day
A speech delivered April 25, 2003 by Dr. Vickramabahu Karunarathne at a seminar organized by the Centre for Islamic studies at BMICH in Colombo, Sri Lanka. Dear friends and comrades, We have tried to understand the motive behind this aggression (against Iraq). This aggression has violated every aspect of international law, all conventions of human… Continue reading
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Food – the ultimate weapon of the ruling elite By William Bowles
McNamara’s thinly veiled genocidal utterances took place over thirty years ago, echoing the wealthy and the privileged’s fear of the ‘great unwashed’ when ‘over-population’ was the buzzword. So not much has changed has it, we’re hearing the same, tired old messages being rolled out once again by the ruling elites and their spin doctors. McNamara’s… Continue reading
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Jive8: Bob Geldof does damage control for international war criminal By William Bowles
The last few weeks have seen a gigantic propaganda onslaught by the state and corporate interests to confuse, misdirect and finally channel peoples’ concerns anywhere except where they truly belong, that is, directed at big business and the political class that represents them, that has for hundreds of years raped Africa and the rest of… Continue reading
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Africa Bound By William Bowles
Dowden and co would have us believe that the fundamental problem lies with African governments, that removing corruption would, in some way, remove a fundamental obstacle to African development when nothing could be further from the truth. For the truth resides in hundreds of years of economic exploitation that has un-developed Africa to the benefit… Continue reading
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The Wolf at the door by William Bowles
The Western media have, to put it mildly, been somewhat dismayed with the nomination of Paul Wolfowitz to be head of the World Bank. How to explain to the public that the architect of the invasion of Iraq, arch-Zionist and mass murderer, has been put in charge of the Bank that has been charged (in… Continue reading
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HAITI: ‘Textbook’ Imperialism By William Bowles
The tragedy that is Haiti unfolds once more in this, the 35th? coup since the world’s first black republic was founded in 1804 and once more the US role in the removal of Jean Bertrand Aristide is patently obvious to anyone who cares to dig deeper than the headlines that have flooded out of ‘propaganda… Continue reading
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Media Dumps on Aristide By William Bowles
Haiti, yet another US foreign policy disaster area, Western press coverage has been predictably less than forthcoming over the deteriorating situation. Indeed, trying to find out anything meaningful at all about the current situation has proved to be extremely difficult. Aside that is from what has become a de facto methodology of reportage of events… Continue reading
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Plato Rules Okay! By William Bowles
The core of the Straussian vision of the world is based on the idea that there are the rulers and the ruled – not a new idea by any means – and that this is a ‘natural state’ of affairs. Most of us are just too venal to be trusted with the responsibilities of governing. Continue reading
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Liberia: rewriting history By William Bowles
“Another day, another atrocity in Liberia’s blood-soaked capital Monrovia” is how the Independent tells it to us (26/07/03). And of course, the predictable pleas for ‘intervention’ by the “world’s superpower” from liberal commentators. The entire history of how Liberia got to be where it is today, and especially the role of the US, the IMF… Continue reading
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Book Review: Consenting Adults? By William Bowles
Capital which is global in scope, is able to move across national borders without let or hindrance, but that ‘democracy’ (where it exists) stops at national borders. And in an age of global capital, the nation state is incapable of dealing with issues that affect the entire planet. And nation states, driven by parochial interests,… Continue reading
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Haiti – Regime Change By William Bowles
Whilst the US tells the world of its desire to see freedom and democracy in Iraq, it’s busy starving Haiti, the poorest country in the western hemisphere into submission by enforcing a complete embargo on economic aid through its control of the IMF, World Bank and the International Development Fund, unless the Aristide government bows… Continue reading