Black People : Economic Hit Man John Perkins, on the IMF/ Libya Con-nection

Discussion in 'Black People Open Forum' started by Ankhur, May 20, 2011.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    We listen to U.S. spokespeople try to explain why we’re suddenly now entangled in another Middle East war. Many of us find ourselves questioning the official justifications. We are aware that the true causes of our engagement are rarely discussed in the media or by our government.
    While many of the rationalizations describe resources, especially oil, as the reasons why we should be in that country, there are also an increasing number of dissenting voices. For the most part, these revolve around Libya’s financial relationship with the World Bank, International Monetary Fund (IMF), the Bank for International Settlements (BIS), and multinational corporations.

    According to the IMF, Libya’s Central Bank is 100% state owned. The IMF estimates that the bank has nearly 144 tons of gold in its vaults. It is significant that in the months running up to the UN resolution that allowed the US and its allies to send troops into Libya, Muammar al-Qaddafi was openly advocating the creation of a new currency that would rival the dollar and the euro. In fact, he called upon African and Muslim nations to join an alliance that would make this new currency, the gold dinar, their primary form of money and foreign exchange. They would sell oil and other resources to the US and the rest of the world only for gold dinars.

    The US, the other G-8 countries, the World Bank, IMF, BIS, and multinational corporations do not look kindly on leaders who threaten their dominance over world currency markets or who appear to be moving away from the international banking system that favors the corporatocracy. Saddam Hussein had advocated policies similar to those expressed by Qaddafi shortly before the US sent troops into Iraq.

    In my talks, I often find it necessary to remind audiences of a point that seems obvious to me but is misunderstood by so many: that the World Bank is not really a world bank at all; it is, rather a U. S. bank. Ditto, its closest sibling, the IMF.



    http://www.infiniteunknown.net/2011...freedom-highest-standard-of-living-in-africa/
     
  2. Thugga

    Thugga Member MEMBER

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    Stay focused on your life, do not allow actors as obama manipulate your mind! :time:

    No more wars for Israel! youtube.com/watch?v=iiQnnFAePQE
     
  3. Thugga

    Thugga Member MEMBER

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    THE INTERNATIONAL MONETARY FUND (IMF)

    New financial institutions like the IMF, the WORLD BANK and the BANK OF
    INTERNATIONAL SETTLEMENT were set up to spread the predominance of industry and commerce over the whole planet. The immense yearly membership fees payable by the nations amount to billions. If a nation cannot pay up, the workers and the poor among its people will feel the crunch. At the moment and on behalf of the international bankers the
    IMF searches for ways to control the entire world economy.
    HAROLD LEVER of the Committee of 300 proposed what came to be called the DITCHLEY PLAN. According to this plan the financial and monetary politics of the U.S. would be usurped and put under the control of the IMF. This plan would allow the IMF to unite the central banks of different nations in the WORLD BANK.
    In 1982 the leading banks of Wall Street and the U.S. government together agreed to set oppressive repayment conditions for each indebted nation which then was arranged by KISSINGER ASSOCIATES INC. (on the board of which are the oil magnate and chairman of the Aspen Institute Robert O. Anderson, Thatcher’s former Foreign Secretary Lord Carrington and the director of the Bank of England and the S.G. Warburg Bank, Lord Roll of
    Ipsden).
    The IMF, the Federal Reserve Bank and the Bank of England are planned as a kind of “world police” to recover debts. The idea to put the IMF and its oppressive conditions at the center of all negotiations of debts stemmed from America. The conditions of the IMF are laid before the different nations as a kind of lure. One knowledge about a country and its difficulties has been gathered, that country is then told what definitely has to be changed. Then the debtor country is told if it ever wants to get any credit with a foreign bank, it will have to limit its imports to the absolute necessities, lower state expenditure and above all stop subsidizing staple food and other support programs for the socially weak. The most important demand was to devaluate the currency. Apparently this would make exports cheaper and hence more attractive on the world market. In fact though imports got more expensive and thus debts were increased. This was the first step. The second step was the country’s agreement to an extensive redistribution of debt. Thus the creditor banks could largely secure far-reaching future rights over the debtor country. At the same time outstanding interest payments and repayments were added. The IMF became the international economic police on behalf of the large private banks. One country after another had to negotiate repayment conditions with the IMF and the banks of the Ditchley
    group.
    ACCORDING TO FIGURES SUPPLIED BY THE WORLD BANK, BETWEEN 1980 AND 1986, 326 BILLION US$ FROM 109 DEBTOR NATIONS WERE PAID AS INTEREST TO THE PRIVATE CREDITOR BANKS. DURING THE SAME TIME SPAN 332 BILLION US$ HAD BEEN REPAID. SO DEBT PAYMENTS OF 658 BILLION US$ HAD BEEN MADE, WHERE THE ORIGINAL DEBY HAD BEEN 430 BILLION US$. DESPITE THAT THESE 109 NATIONS STILL OWED 882 BILLION US$.
    [H: And that was two decades ago!]
    The interaction of excessive interest charges and fluctuating exchange rates had developed for the private bankers a wonderful and inescapable maelstrom of indebtedness.
    [H: Surely, you don’t think that possibly the heads of states of the various nations or the central banks might be somehow “paid off”? It is a nasty world you have allowed, Pilgrims. Those “black hats” also stole your gold and ran, leaving you with nothing but foreclosures and worthless paper which you also pay for the privilege of using to further enslave yourselves.]

    Source: bibliotecapleyades.net/sociopolitica/secretsoc_20century/secretsoc_20century.htm#Contents
     
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