Monday, June 22, 2009

The World Bank is concerned

The World Bank, which was set up at Bretton Woods in 1944, is one of the two main pillars, the other being the International Monetary Found, of a financial system that maintains western, especially American and British, domination of the world's financial system while ensuring that the world's poorest countries remain the world's poorest countries and that a few others, if they are not careful, get the chance to join them. In it goes setting conditions that those countries cannot meet and, after "Uncle Sam's" sychophants have lined their pockets, they sometimes have no intention of meeting and, when that happens, it's payback time and in "we" go and rob them of just about anything that they might have. Today, the 'Guardian' is reporting that "the World Bank calls on the West to help relieve trillion dollar drain on the world's poor."(1) Of course, what the concerned bankers at the World Bank mean is that they have not got the money to keep their absurd, unjust, system in place and when they argue that "the lack of international capital means many poor countries will stay in recession for longer as companies and governments are starved of investment,"(2) we might begin to get angry and ask the World Bank as to the exact nature of its original investments in those poor countries.
Therefore, what do we now have? Well, after "bailouts", which mean that we give taxpayers money to the banks that caused the "financial crisis" so that the very banks can loan it back to us, "the taxpayers", at interest, we now have the World Bank asking all and sundry to give it money, so that it can then give it to the ruling elite in the third World to squander as they please and, of course, once the World Bank sees no ROI, in it will go and rape those countries of everything they have. With the money that the ruling elites have creamed off safely tucked away in Swiss banks, this will be facilitated by the array of tinpot dictators that the West courts and who ensure that there is not going to be any resistence from that "world's poor" that the World Bank is so concerned about this morning.
1 http://www.guardian.co.uk/business/2009/jun/22/world-bank-international-capital-recession
2 ibid

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