Search This Blog

Saturday, January 7, 2012

The IMF and AFRICOM Join Hands in African Continent

Lagos Dissents Under IMF Hegemony
Nigeria: The Next Front for AFRICOM
On a recent trip to West Africa, the newly appointed managing director of the International Monetary Fund, Christine Lagarde ordered the governments of Nigeria, Guinea, Cameroon, Ghana and Chad to relinquish vital fuel subsidies. Much to the dismay of the population of these nations, the prices of fuel and transport have near tripled over night without notice, causing widespread violence on the streets of the Nigerian capital of Abuja and its economic center, Lagos. 
Much like the IMF induced riots in Indonesia during the 1997 Asian Financial Crisis, public discontent in Nigeria is channelled towards an incompetent and self-serving domestic elite, compliant to the interests of fraudulent foreign institutions. .....
Please read -
http://www.globalresearch.ca/index.php?context=va&aid=28520#.TwiMhJWdbCs.gmail





Friday, January 6, 2012

[Video] Economic Colonization ولادة القاتل الاقتصادي

The Birth of the Deadly Economic:
[Video] ولادة القاتل الاقتصادي
In an interview, John Perkins, a respectable former US economist shared fascinating facts about how the US government, since WWII has manipulated the world to expand his empire.
Perkins’ exact words are,
“Basically what we were trained to do and what our job is to do is to build up the American empire.
  • To bring—to create situations where as many resources as possible flow into this country, to our corporations, and our government, and in fact we’ve been very successful.
  • We’ve built the largest empire in the history of the world. It’s been done over the last 50 years since World War II with very little military might, actually.
  • It’s only in rare instances like Iraq where the military comes in as a last resort. 
This empire, unlike any other in the history of the world, has been built primarily through economic manipulation, through cheating, through fraud, through seducing people into our way of life, through the economic hit men.”
He talked about his company and how it trapped poor countries into the vicious cycle of poverty instead of helping them over come it.
“It was giving loans to other countries, huge loans, much bigger than they could possibly repay. One of the conditions of the loan—let’s say a $1 billion to a country like Indonesia or Ecuador—and this country would then have to give ninety percent of that loan back to a U.S. company, or U.S. companies, to build the infrastructure—a Halliburton or a Bechtel. These were big ones.
Those companies would then go in and build an electrical system or ports or highways, and these would basically serve just a few of the very wealthiest families in those countries. The poor people in those countries would be stuck ultimately with this amazing debt that they couldn’t possibly repay.
A country today like Ecuador owes over fifty percent of its national budget just to pay down its debt. And it really can’t do it.
So, we literally have them over a barrel. So, when we want more oil, we go to Ecuador and say, “Look, you’re not able to repay your debts, therefore give our oil companies your Amazon rain forest, which are filled with oil.”
And today we’re going in and destroying Amazonian rain forests, forcing Ecuador to give them to us because they’ve accumulated all this debt.
So we make this big loan, most of it comes back to the United States, the country is left with the debt plus lots of interest, and they basically become our servants, our slaves.”
Judging from what the former economist has shared regarding the US policies, one can make a wild assumption, that the global food crisis is not what it appears to be.
It could be another ploy to unbalance the rising Asian powers and to make the developing world go further in debt.
Source: http://www.saglobalaffairs.com/back-issues/132-economic-colonisation-is-it-true.html