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    Repiglican Roast

    A spirited discussion of public policy and current issues

    Name:
    Location: The mouth of being

    I'm furious about my squandered nation.

    Thursday, August 31, 2006

    Africans oppose IMF reform plan

    Child in MaliThe IMF is due next month to discuss a package that would raise the profile of China, Mexico, South Korea and Turkey.

    This is what the IMF does.
    It loans the ruling class of a poor country money, then tells them specifically how to squeeze their impoverished populace.
    It says, for example, even though you are a wheat growing country, you must now import expensive Amerikkkan grown wheat, and if that means you can't fund your schools, no school.
    So the wheat costs more, more people go hungry, the local wheat farmers can't survive and are chased doff their land to become cheap labor for some Multinational tennis show maker or some crap like that, the IMF loan is slowly repaid and more and more economic restrictions are put on the county.
    In other words, it's a racket.


    One of the reasons the right wing Amerikkkans hate Hugo Chavez so much is he is interfering with this system. He's happy t loan poor countries money without telling them they must screw their pay to pay their loans back. Chavez is focused on creating better life for the poor. A guy like that is a threat tot he system ad to the very way of life enjoyed buy the Amerikkkan elite.

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