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Shining a Light on the IMF: Nafisatou Diallo
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[QUOTE]Originally posted by lamin: [QB] The IMF was formed in 1944 at the Bretton Woods Conference to manage the post WWII Western economic structure in the face of threats from the Communist World--namely USSR and China. But as colonised nations became nominally independent the West realised that the IMF could be transformed into a system of global control of the non-Western nations outside the Communist sphere. The IMF since its inception has been heavily weighted in favour of the West, with the U.S. having the biggest clout through its SDR quota shares. Other Western nations such as France and Britain also have big shares--and have sought to block China from increasing its shares. The IMF is in reality the international branch of the U.S. Treasury and enforces U.S. economic policy throughout the participating world. In its drive to maintain economic dominance the IMF has a stranglehold on Africa's economies through its Structural Adjustment Programmes(SAP) which destroy the welfare infrastructure of debt-ridden African nations. The IMF runs a monetarist policy and pushes for belt-tightening in crucial areas such as education, health, general welfare when it sets down its so-called conditionalities for loans or their roll-overs. Its a punishing pro-Western organisation that has led to the deaths and increasing poverty of many Africans. One of the white control mechanisms the West uses in its control of the world's economies is that the head of the IMF must be European while the WB must be run by an American. But increasingly powerful economies such as those of China, Brazil, and the BRIC nations have argued that the headship of the Fund should rotate. The West is resisting. The latest IMF head has been Dominique Strauss-Kahn, a French Jew, kin and friend of the head of the U.S. Central Bank(Federal Reserve), Ben Bernanke. Note that the World Bank is also headed by a Jew. It's just good to know such things. Now the structure of the IMF is now being threatened in the sense of offering an opening for a non-European to be selected Fund Head. And threatened by the alleged chance rape of a African chambermaid from Guinea(Conakry), West Africa--by its pudgy(fat almost) head Strauss-Kahn. DSK--as he is known--has had a reputation for aggressive behaviour towards females over the years but has gotten a pass--for any number of reasons. The alleged victim is now in hiding in an atmosphere that is quite sympathetic to SDK. The notion of "innocent until proven guilty" is what the French are accusing the U.S. authorities of not adhering to. Well, they didn't say the same when OBL was summarily executed by U.S. Special Forces or when Sarkozy decided to bomb the people of Libya. Interesting trivium: Nafisatou Diallo is the namesake of Amadou Diallo who gained international name recognition when he was gunned down by U.S. police in the New York some years ago. History moves in mysterious ways. Nafisatou Diallo has unintentionally put the criminal IMF in the headlines. We also know how this wicked and corrupt forces the poor into more poverty while its top brass live lives of luxury. DSK was sleeping on a $3,000 a night bed and flying for $10,000 a pop--while the IMF forces African governments to privatise water, health and education--which automatically leads to higher prices that many cannot afford. [/QB][/QUOTE]
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