Electoralism vs Abstentionism (Or: Why You Should Run For Office) Fri Aug 26, 2016 17:07 | Slyvia Smith
Centrism extremism: how horseshoe-politics silences brutality Sat Jul 02, 2016 18:25 | yeksmesh
Of Tankies, Trots and Social Democrats Thu May 12, 2016 23:41 | Gavin Mendel-Gleason
Avatars of the Advanced-Capitalist Psyche â€“ Capitain America: Civil War Mon May 09, 2016 00:07 | Gavin Mendel-Gleason
Wailings about Left Unity Sat Feb 13, 2016 01:13 | James O'Brien
Spirit of Contradiction >>
Interested in maladministration. Estd. 2005
Formal complaint against RTE for bias
Water protester convicted on trumped up charge Anthony
The people now know what you are Mr. Ross Anthony
Independents must decide: The people or the corrupt political system Anthony
Independent Alliance TDs must decide: The people or the corrupt regime Anthony
Public Inquiry >>
A bird's eye view of the vineyard
The U.S. Removed the Truce in Syria Sun Sep 25, 2016 22:55 | The Saker
by Anna Jaunger On Monday, Sep 19, there was an attack on a joint convoy of the UN and the Syrian Arab Red Crescent (SARC) near the area of Urum
A Muslim police officer dies a hero?s death and receives Russia?s highest honorary title ?Hero of Ru... Sun Sep 25, 2016 21:00 | The Saker
The video below is an excerpt of a recent one hour long tribute on Russia TV to a 30 year old officer of the Ministry of Internal Affairs, Magomed Nurbagandov.
Moves and Counter Moves Sun Sep 25, 2016 13:17 | Saker-Admin
This comment was chosen by Mod-FK from the post “Why the recent developments in Syria show that the Obama Administration is in a state of confused agony” Mod-FK had this
The US and Syria SitRep September 24th, 2016 by Auslander Sat Sep 24, 2016 19:51 | Scott
The war in Syria is in fact a war between US and RF in microcosm. Russia Armed Forces have demonstrated masterful tactical skill and her diplomats have shown they are
Russia Defense Report: Army-2016 Sat Sep 24, 2016 19:47 | The Saker
The Saker >>
Benefit Sanctions and Coercion Within the Irish Welfare System Thu Sep 22, 2016 13:38 | Cliodhna Murphy
The rights of the unborn: a troubling decision from the High Court? Wed Aug 10, 2016 12:42 | Máiréad Enright
Progress Report on the Northern/Irish Feminist Judgments Project. Mon Jul 11, 2016 13:40 | admin
The UN and the Eighth Amendment Thu Jun 23, 2016 09:46 | admin
Call for Papers: State Accountability for Vulnerability Mon Jun 20, 2016 12:29 | admin
Human Rights in Ireland >>
The Real Purpose Of The IMF
Sunday July 13, 2014 13:00 by Luke Eastwood
An analysis of what the IMF is really about...
To much trumpeting the IMF have kindly agreed to help out desperate and war torn Ukraine. How wonderful they are we are all meant to think, but the truth couldn’t be more opposite.
The International Monetary Fund was set up in 1945, describing itself as an “organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.”
This all sounds very laudable, but in reality the IMF has a very different purpose from that which is stated. If you look at the history of the IMF’s intervention in countries around the world you will see a trail of disaster and looting that repeats time and time again wherever they go.
The many countries that are involved are supposed to have some influence but this is proportional to their financial clout, which in truth means that the USA has most of the control of what happens and many countries have effectively no say at all.
My opinion of the IMF, concurs with that of John Perkins, author of ‘Confessions Of An Economic Hitman’, his views being that of an insider in the system and mine merely as an observer. He succinctly points out that major western nations use financial warfare to get what they want and gain influence over other countries – the IMF being one of the tools with which they do this.
Caribbean countries such as Jamaica have been destroyed by trade agreements and much the same thing has happened throughout Africa, South America and Asia at various times since world war II. What the IMF does is somewhat similar to a thug loan shark. The loan shark lends money to people who can’t afford to borrow so that the borrower ends up having to not eat to make the payments or face having broken legs.
In a more subtle way, the IMF behaves in a similar way. Countries are given a ‘helping hand’ as loans that they will have great difficulty paying back. In return for the loans the IMF wants interest and regular repayments and ‘restructuring’ of the country’s assets. What this actually means is the asset stripping of sovereign nations so that their economic wealth is transferred from the country’s/public’s ownership into private hands.
This has happened in Europe recently, with countries such as Greece, Portugal, Ireland and even Spain and Italy faced with the prospect of having to sell off national assets in order to finance repayment of loans to either the IMF or EU. Private consortiums, owned by the banks or oligarchs buy up a nation’s forests, coal industry, water supply etc so that instead of the country receiving income from its recourses the private company makes all the money off the backs of the increasingly impoverished population.
At the moment the Ukrainian people might welcome the IMF but you can be sure that in a short time the country will be financially raped and the population plunged into even worse poverty as a result of IMF ‘assistance’. Here in Ireland we are realizing the foolishness of the IMF/EU bailouts that is making life increasingly difficult for ordinary citizens while the government ponders selling off our resources.
Any country with sense (like Iceland) would show the IMF the door and find a better way of clawing its way out of economic problems. Iceland is a perfect example of how a country could solve its own problems – but no-one in the media talks about this – the corpocracy does not want anyone else getting the same idea. Surely, if every nation took the same actions the corporate take over of sovereign nations would fall flat on its face wouldn’t it?