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Thread: Enslaved by World Bank and IMF

  1. #1

    Default Enslaved by World Bank and IMF

    This thread is mostly about the effect of Bilateral Investment Treaties (BITs), and the way they keep the third world enslaved.
    I took a lot of time to investigate the arbitration of Investor-State Dispute Settlement (ISDS) of the World Bank. This gives companies the possibility to “sue” states, so they can get damaged compensated if (democratically elected) parliaments make laws, that they don’t like. This is the corner stone of modern day colonialism
    I do not include the Trans-Pacific Partnership (TPP), but instead refer to the Transatlantic Trade and Investment Partnership Treaty (TTIP). They are similar BITs - the only reason that I include TTIP (and not TPP) is that I survive in the European Union (the TTIP is planned between the USA and EU).


    RESERVE REQUIREMENTS BANKS
    American banks only have to back up investments (or loans) with a cash reserve ratio of 10%. This means with an American savings account for 10,000 dollar, the banks can invest an additional 90,000 dollar. In the European Union the reserve requirement is even lower with 1%, so European financial institutions can even invest 990,000 for 10,000 dollar. Great Britain has a 0% cash reserve ratio (so British banks can invest without limit).
    On the other hand: Brazil has a reserve requirement of 45%, so with 10,000 dollar Brazilian banks can invest “only”12,222 dollar. In 1978 Turkye had a reserve requirement of 62.7%, so with 10,000 dollar it could only invest 5,949 dollar.


    EXPLOITATION OF THE THIRD WORLD
    The colonial forces still decide how the colonies are exploited, under the guise of international law.
    A nice example is the protective measures by the European Union. With tax money the European industry is supported, so that the third world cannot compete with the EU. The EU lets the third world pay with import duties so the third world has to pay to export to the Euro zone. Here’s a description of how the EU uses protective measures against the third world: https://www.tcd.ie/iiis/policycoherence/eu-agricultural-policy/protection-measures.php

    As a logical result these third world "banana republics" get financial problems, so need to borrow money from the World Bank and IMF to be able to make end meet, for which in return they do exactly what they are told. So their countries can be plundered even better.
    One of the best tricks are trade agreements between countries, at the discretion of the white judges. From 1959 on, BITs became ever more popular; in the early years these BITs were based on the General Agreement on Tariffs and Trade (GATT) of 1947. In 1995 came the next big development in BITs with the General Agreement on Tariffs in Services (GATS), for investments in services. In March 2001, the WTO would design a system to replace democracy with article VIA of General Agreement on Trade in Services (GATS). The GATS Disputes Panel decides if a law is “more burdensome than necessary”, in which case the WTO can simply set it aside.

    From the end of the 1980s on there was some kind of explosion in BITs; no longer only between developed and developing countries, but also among and between developed countries, to exclude developing countries. Developing countries got forced to agree on BITs, because without it they couldn’t export, while foreign investors take all the money.
    For the history of international treaties for investment see the story of Vandevelde from 2005: http://jilp.law.ucdavis.edu/issues/volume-12-1/van5.pdf
    In the following story Anghie names exploitation of developing countries under the guise of international law "positivism": http://law.wisc.edu/gls/documents/tony_anghie_colonialism.pdf
    As long as there are crises, the large investors earn extra money. Any idea who cause the crises?


    WTO, TABD, TRIPS
    Before transitory heads of state (like presidents) meet at the World Trade Organization (WTO), the Transatlantic Business Dialogue (TABD) provides them with the details of their agenda. TABD pairs influential politicians to powerful CEOs. The corporate directors give the politicians a grade on “the scorecard”. In this way big corporations rule over politrics.
    One TABD proposal would reverse the $5 billion judgment against Exxon for the Exxon Valdez oil spill. TABD’s Products Liability Group that, under the guise of eliminating “non-tariff” trade barriers, takes aim at American citizens’ right to sue corporations.

    The WTO’s penal system to keep the colonies in slavery is the Trade-Related Intellectual Property Rights (TRIPS). The USA unilaterally exempts itself from TRIPS, so US retailers can still import cheap drugs. The WTO requires, on penalty of sanctions, that every nation pass laws granting patents on genetically modified seeds and drugs. When Thailand tried to register traditional medicines as intellectual property, the US Trade Representative wrote that this would “hamper medical research”, so Thailand got nothing.
    Goldman Sachs chaired TABD when Peter Sutherland was president of WTO, and Sutherland went to Goldman Sachs after he left WTO.


    TTIP/ISDS
    Here’s a short list of the consequences of TTIP in the world: http://www.degrowth.de/en/2014/08/tt...hould-be-aware
    Here a longer story about the ISDS arbitration: http://corporateeurope.org/2012/11/c...1-introduction
    If the EU and the USA sign the TTIP, other areas are excluded and forced to agree on BITs, so the colonial forces can continue to plunder them. According to the following report - the economy of South America would decreases with 1.5 to 5.6% and of Africa with 1.2 to 4% as a result of TTIP. EDIT November 2017 - story has since been removed from the internet.
    Here's a "new" link that explains how TTIP will damage the South American economy: https://www.ictsd.org/bridges-news/b...powers-and-the

    Based on the arbitration of Investor-State Dispute Settlement (ISDS) multinationals can sue countries if they think their investments yield too little in return. The effect is that when countries take protective measures for environment, health, workers' rights or human rights, they can be sued by multinationals. If subsidies are granted or if subsidies are dropped, countries can be sued. As far as democratically elected parliaments have something to say, this is even further limited by the ISDS. It is the World Bank that decides on these disputes, in other words: by the ISDS arbitrations, the bankers (the biggest investors) become even more powerful at the expense of the taxpayer.
    First the legal team of an investor looks for the most advantageous Treaty and arbitral tribunal for the claims that they were disadvantaged by a country. The ISDS disputes are judged by 3 arbitrators, of which both parties choose 1 arbitrator, who together choose the President of the arbitration tribunal. In order to give the arbitrators the leverage to judge arbitrarily, many treaties are rather vague. 69% of the arbitrators come from North America or Western Europe.

    The most indicted country among ISDS is Argentina for hundreds of millions to billions, for the measures it took in 2001, the crisis in Greece was directed by the IMF and the World Bank and Greece was also indicted repeatedly. Most lawyers involved claim an hourly rate of over 500 dollars.
    The next quote makes clear how independent the ISDS arbitration is, from a lawyer that bragged:
    I've got a case right now in front of [a leading international arbitrator]. Every time I go to a conference, he's there. We read each other's books. My opponent on the case ... well, he hasn't got a clue [...]. Between all the partners in our group [...] we've appeared before every single arbitrator worth knowing. Not just once, but multiple times in the past few years and we have the inside knowledge as a result of that.
    To ensure that the people do not know what is going on: both the ISDS provisions and TTIP negotiations are done in secret.


    THE COLONIAL WORLD BANK
    It is the Board of Governors, in which all 189 countries represented, that makes the decisions in the World Bank. The catch is that these countries have a voting power based on their economic status. This means that countries that became rich by plundering the colonies now reward themselves with extra voting power.
    The voting ratio depends on the matter concerned: 1) International Bank for Reconstruction and Development (IBPRD), 2) International Development Association (IDA), 3) International Finance Corporation (IFC) and 4) Multilateral Investment Guarantee Agency (MIGA). I have made a sum of the total voting power for 11 Western European countries with the USA, Canada and Australia. This shows that these 14 countries (with less than 15% of the world's population) have 56% of the voting power on whole. On MIGA these 14 countries account for a whopping 88% of the voting power. Also striking is that the English speaking USA, GB, Canada and Australia - together account for 36% of the total and 69% for MIGA.


    KINGDOM OF THE NETHERLANDS
    I must be very proud that my home country the Netherlands not only had a starring role in the slave trade, but in 2014 came first in the whole wide world in claims for the ISDS. Theoretically, a company only has to open a mailbox to use Dutch tax law and BITs.
    The following advertisement of my favourite law firm De Brauw Blackstone Westbroek, shows that the Netherlands is an ideal country to evade taxes and sue countries based on the many beneficial BITs for the rich and corrupt: http://www.debrauw.com/wp-content/up...-Rebergen-.pdf
    Venezuela was also indicted from the Netherlands by oil companies ExxonMobil and ConocoPhillips (EDIT - only archived version still online): http://archive.is/FtZEx


    VENEZUELA
    Venezuela, one of the largest oil exporters in the world, for many years has been a country that exports more than it imports for (which should have made this country wealthy). In Venezuela there is both a shortage of products in the supermarkets and power cuts: http://www.infowars.com/scenes-from-the-venezuela-apocalypse-countless-wounded-after-5000-loot-supermarket-looking-for-food/

    After Hugo Chávez in 1999 seized power in Venezuela he nationalized the oil industry, because it would be unfair if oil was running out of Venezuela without benefit for the population. In May 2007, he closed the door on the IMF and World Bank. In 2009, Chávez had to beg for a loan from the IMF, which obligated him to devalue the Venezuelan bolivar (causing inflation).
    Chávez died in March 2013 and was probably killed by the CIA: http://www.pravdareport.com/opinion/...chavez_eath-0/
    If Chávez was murdered, he didn´t have cancer, but was poisoned and the Cuban doctors, that gave him radiation, chemotherapy and surgery no less than 4 times, were complicit to murder. Eva Golinger suspects a bodyguard of Chávez, Salazar, who after his death was granted asylum and federal protection in the USA: http://www.strategic-culture.org/news/2016/03/14/murder-chavez-cia-and-dea-cover-their-tracks.html

    In 2013 Nicolás Maduro was helped to the presidency. Maduro effectively hampers the industry so that it produces less and less, then sells the imported goods so cheap that these are exported (back) abroad at a profit, so hyperinflation broke out: http://www.aljazeera.com/indepth/fea...236836920.html
    The next masterful stroke of Maduro: selling oil and gold reserves. I would say that if Venezuela exports oil, it should be as rich as Saudi Arabia. Selling the gold (e.g. to Citibank and Goldman Sachs) means that Venezuela becomes poorer and poorer: http://money.cnn.com/2015/10/29/news...old/index.html
    Because the underpriced products are exported to other countries, the crisis can spread across South America.


    ECUADOR, PANAMA – ROLDOS AGUILER AND TORIJOS
    Ecuadorian President Jaime Roldos Aguiler and Panamanian President Omar Torrijos were also murdered in 1981.
    On Aguiler death it’s known that the Panamanian police reported that his plane was brought down by a bomb, near Loja, but then the national government immediately labelled it an “accident”: https://www.cuencahighlife.com/ecuador-investigates-the-death-of-president-jaime-roldos-attorney-general-says-that-it-could-be-tied-to-the-cias-operation-condor/

    On Torijos’ murder there’s much more. Col. Roberto Diaz Herrera on 8 June 1987 stated (he was later arrested and wrote a book)
    that Noriega had conspired with Lt. Gen. Wallace Nutting, the chief of the U.S. Army’s Southern Command, based in Panama, “and with the CIA, to plant a bomb aboard the aircraft in which [Noriega's predecessor, and Diaz's cousin] General Torrijos was killed when it crashed in the mountains in 1981
    : https://www.facebook.com/TheBlackFli...55203134646312
    (archived here: http://archive.is/hs0Vu)
    Herrera also implicated Col. Alberto Purcell, who reportedly was paid $250,000 by the CIA. Colonel Manuel Noriega had been involved with the CIA since the late 1950s and was closely connected to George H.W. Bush, and was suddenly called a drug lord and dictator. In 1991 Noriega tried to defend himself in court with evidence that the US government was involved in the murder of Torijos and tried to assassinate Noriega himself: http://articles.sun-sentinel.com/199...noriega-panama


    DESTROYING - ECUADOR, BOLIVIA, ARGENTINA, CHILE, BRAZIL
    The following is based on Greg Palast’s The Best democracy money can buy (2002): http://www.chemtrails911.com/books/T...0Palast%20.pdf
    The strategy to destroy economies is something like: take money out of circulation to crash the economy, then the big bankers buy the economy pennies for dollars, while in the meantime the country has been indebted, and has to do what the World Bank tells them.
    In 1983 the IMF forced Ecuador’s government to borrow $1.5 billion to take over the private debts of Ecuador’s elite. In return Ecuador had to hike prices in electricity and other necessities, and eliminate 120,000 jobs. Then in 2000, 2001 to finish Ecuador off, it was ordered to: 1) raise the price of cooking gas with 80%, 2) eliminate 26,000 jobs, 3) cut wages with 50%, 4) transfer its biggest water system to foreign operators, 5) allow British Petroleum’s ARCO to build an oil pipeline.

    In Bolivia some riots broke out, when Bolivians couldn’t get drinking water. To “help” Bolivia: Samuel Soria deposited $10 million on a Citibank account in New York, that never returned to Bolivia. Water prices, could rise with 150% under the new owner, International Waters Ltd (IWL) of London.

    In 2001 Argentina got ordered to cut their government budget deficit from $5.3 billion to $4.1 billion. Taking 1.2 billion dollar out of the economy already in recession, did wonders: by the end of March 2001, Argentina’s Gross Domestic Product (GDP) had already dropped with 2.1% compared a year earlier. Argentina had to reduce jobs, wages, and pensions. While the IMF offered an $8 billion aid package - Argentina had to pay $27 billion a year because of their debt of $128 billion (to the likes of Citibank). The French bought the water system and raised prices up to 400%. And Argentina got threatened with sanctions by the USA to liberalise the pharmaceuticals industry.

    In 1973 General Pinochet took dictatorial control of Chile, and destroyed the economy. The CIA, since October 1970, had helped Pinochet to oust president Salvador Allende. US Ambassador to Chile, Edward Malcolm Korry explained that US companies used the CIA as an international collection agency. In 1973 Chile’s unemployment rate was 4.3%; by 1983, after 10 years of free market liberalisation, unemployment was at 22%, while wages had declined by 40%. In 1970 20% of Chile’s population lived in poverty, by 1990 – when dictator Pinochet left office - this number had doubled to 40%. In 1982 and 1983, the GDP dropped with 19%, and foreign companies bought 85% of Chile’s profitable industries. The USA the State Department reported: “Chile is a casebook study in sound economic management”. The respected economist Milton Friedman called this “The Miracle of Chile”.

    In 1998 —the World Bank, IMF, Inter-American Development Bank and the International Bank for Settlements — offered $41.5 billion credit to Brazil. The World Bank designed a “Master Plan for Brazil” to create a “flexible public sector workforce”: reduce Salary/Benefits; Pensions; Job Stability; Employment, and increase Work Hours. After the Brazilian real dropped with 40%: British Gas bought the SaoPaolo Gas Company, while Enron and Houston Industries bought the Rio and Sao Paolo electricity companies and a pipeline.


    DEREGULATING ELECRICITY
    In the 1970s British professor Dr. Stephen Littlechild invented a scheme to privatise British electricity utilities. In 1990 the England-Wales Power Pool, went into business.
    From Atlanta headquarters, Southern’s executives learned they could charge in “deregulated” England double the price in Georgia. In 1995, Southern bought up England’s South Western Electricity Board. The cash rolled in and American companies grabbed the majority of the British electricity sector. Although (or because) the British consumers were terribly overcharged, the IMF and World Bank required deregulation of electricity if countries wanted assistance.
    The USA had a regulatory system to keep tight lids on utility monopolies’ profits, with the result that Americans had about the lowest electricity prices in the world. In 1996 California tossed out this regulatory system. The parents of Palast saw their energy bill rise with a whopping 379% in the first year of deregulation. California’s electricity watchdog claims that electricity consumers were overcharged by $6.2 billion in 2001. After PG&E bankrupted California consumers had to pay off the speculators for some $35 billion.


    GREAT BRITAIN – EVEN WORSE
    Palast went undercover and got in touch with LLM and told them that he represented some wealthy American clients.
    Derek Draper proudly boasted that LLM had given the US investment bank Salomon Brothers, a week advance knowledge, that the cap on total spending was 2.75% instead of the expected 2.5%. Salomon made a fortune.
    PowerGen PLC wanted to buy a regional electricity company in violation of anti-monopoly regulations. Draper arranged a confidential meeting between a top adviser to Chancellor Brown with the chairman of PowerGen, Ed Wallis, which secured the PowerGen merger deal.

    Roger Liddle is one of the important men in government, in charge of European affairs. Liddle told Palast that “Derek knows all the right people.” Liddle had been managing director at LLM, before he put his shares into a blind trust. Any new business Liddle gets Draper goes straight into his “blind” trust.
    Here are some other deals in Britain Palast found out by going undercover: 1) Rupert Murdoch’s News International got valuable amendments to union recognition bills; 2) Tesco won exemption from a car park tax worth 20 million pounds per year; 3) Enron reversed a government plan to block new gas-fired power stations.
    Last edited by Firestarter; 11-24-2017 at 08:44 AM. Reason: Deleted links "corrected"



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  3. #2

    Default LuxLeaks

    If you don’t want to do a full study on how BITs keep the colonial powers in power, maybe you can best start with the Palast book.
    Quote Originally Posted by Firestarter View Post
    Greg Palast’s The Best democracy money can buy (2002): http://www.chemtrails911.com/books/T...0Palast%20.pdf
    In the Luxembourg Leaks (LuxLeaks) financial scandal confidential information from PricewaterhouseCoopers (PwC) was made available in 2012 and November 2014 that showed that tax schemes for multinationals in Luxembourg, the Netherlands and Ireland were used to avoid paying taxes. The confidential documents are available on the website of ICIJ: https://www.icij.org/project/luxembo...leaks-database
    The European Commission decided that the tax deduction schemes for Fiat Finance from Luxembourg and Starbucks from the Netherlands are illegal state aid (even my former employer ABN AMRO bank was involved).
    Since then the whistleblowers in LuxLeaks have been accused in a trial by PwC. Antoine Deltour, Raphael Halet (both whistleblowers from PwC), Edouard Perrin (a French journalist) and The International Consortium of Investigative Journalists (ICIJ: coordinated the release of this information) have to defend themselves in this court case.
    Unfortunately the LuxLeaks scandal didn’t get much attention from the state media. This is the best story I’ve read on this scandal: http://www.truth-out.org/news/item/3...-being-charged

  4. #3

    Default Tata, ABN AMRO, Chatterjee, Soros

    The following is both personal and has relevance to this thread, this is something I’ve witnessed myself. I haven’t found this on the whole internet, so this could be an exclusive story. It shows that when Rothschild controls everything, he cannot lose.

    In 2002 plans were made to outsource the department of the ABN AMRO bank (in which both Rothschild and the Dutch Royal family owned a large share) for which I worked at the time, to Tata Consultancy Services (TCS) in India. The plan couldn’t fail: Indians receive less wages than the Dutch, and if ABN AMRO makes the same profit with less personnel the metrics improve (the company's profit per employee).
    They could have won by doing this in a clean (legal) way, but they should have paid the 1500 Dutch employees they wanted to get rid off, more than a hundred of million euros.
    In the summer of 2003 ABN AMRO replaced all the computers in the office where I worked and started the reorganisation “Inspiration” (based on CMM). Changing work processes under the guise of CMM was meant to keep everybody busy with useless activities, while we suddenly had to work in a different way (leading to burn-out mental diseases). The new computers acted strange.
    In September 2003 they ordered me to work in 6 ICT-projects in 3 different functions simultaneously. Examples of harassments: stealing my wallet, middle fingers, throwing a cup of coffee over my clothes, toxic thea, yelling, intimidations, calling me names and a reprimand. In February 2004 I noticed that the office building was almost deserted. On March 1 I refused to go to work anymore and was fired. I have proof that ABN AMRO broke into my house in 2004 (also part of the reorganisation?).
    On September 1, 2005 (when the reorganisation had already been finished) the outsourcing was made public: http://news.bbc.co.uk/2/hi/business/4204174.stm
    Labour unions, attorneys, journalists and judges were all cooperating with this ploy to get rid of employees.

    The following conflicting interests, make it more interesting.
    In 1989 Chatterjee with the help of Rothschildagent George Soros set up The (Soros-)Chatterjee Group (TCG). In 1994 The Chattarjee Group, Tata Group, Indian Oil Corporation and West Bengal Industrial Development Corporation founded the joint venture Haldia Petrochemicals Ltd (HPL): https://en.wikipedia.org/wiki/Haldia_Petrochemicals
    In 2004 Tata Consultancy Services was guided to the stock markets by JM Morgan Stanley, DSP Merrill Lynch and JP Morgan Chase. Member of Bilderberg Robert W. Scully was part of the direction of JM Morgan Stanley, together these 3 banks had some 30 members of the Council on Foreign Relations: http://articles.economictimes.indiat...ok-built-issue
    In 2005 Chattarjee bought Basell, with the participation of Shell (also connected to both Rothschild and the Dutch Royal family) and Merrill Lynch: http://articles.economictimes.indiat...ll-polyolefins
    In December 2006 it became known that Tata Steel was counselled by NM Rothschild and ABN AMRO (!) in the acquisition of the British-Dutch Corus: http://articles.economictimes.indiat...rgica-nacional
    When in April 2013 Tata Technologies bought Cambric, not only Tata but also Cambric was advised by NM Rothschild (aren’t conflicting interests illegal?): http://www.tatatechnologies.com/about-us/cambric/
    There’s even a connection between Soros-Chatterjee, Winston Partners and Marvin Bush (younger brother of George W.): http://www.apfn.net/messageboard/04-...on.cgi.55.html

  5. #4

    Default Moldova

    Unfortunately Moldova doesn’t get much attention in the state media, but it is a text book example of destroying the economy by the banksters. Moldova is one of the former countries that came into existence when the Soviet Union fell apart.

    STEALING 1 BILLION DOLLAR
    The story is that the Israeli-born Ilan Shor used 3 banks in Moldova to steal $1 billion; compare this to its Gross Domestic Product of less than $8 billion. The conspirators first took control of the banks and then lent themselves nearly $1 billion, collateral-free. They transferred the money out of Moldova to banks in Latvia on accounts held by U.K.-based limited partnerships (shell companies); the money then mysteriously disappeared. Shor denied any involvement in the secret takeover and looting of these banks: https://www.bloomberg.com/news/artic...-from-moldova-
    Let’s see if we can understand what happened. Three Moldovan banks created $1 billion worth of “money” out of thin air, that disappeared and now the Moldovan people – the poorest country in Europe – have to repay this “money”. They claim that the “loans” moved through a “complex web of transactions and that the records of many transactions were deleted from the banks’ computers”.
    This is impossible. Computers of banks are designed so that nobody can remove transactions (not even the administrators). Furthermore this is impossible without the Moldavian Central Bank helping to arrange this crime (creating $1 billion in loans in a single action?!).
    Ilan Shor and Vlad Filat (prime minister from 2009 to 2013) are serving years in prison for their involvement in the theft of National Bank reserves. Vladimir Plahotniuc was/is the leader of the Democratic party of Moldova and was also accused. Plahotniuc fled the country to Geneva (Switzerland). In July, August of this year Mihail Gofman was lobbying in Washington DC: http://archive.is/yHqPo
    It looks like these 3 are scapegoats for the bankers...

    DESTROYING MOLDAVA BY NATIONAL BANK
    According to economic expert Gheorghe Costandachi the National Bank of Moldova (NBM) is intentionally destroying the economy. There are enormous quantities of liquidity in banks, but the NBM majors the mandatory reserve rates which will effectively make loans impossible. Such a strategy is pushing the economy to a grinding halt. The problems become even greater when Moldova also has to repay the disappeared $1 billion.
    After the economy crashes the rich (foreign) investors (=bankers) can buy the economy pennies for dollars, while Moldova remains poor. The NBM governor could have stopped the robbery of $1 billion, but didn’t intervene. In Ukraine, the minimum wage is $240 a month, while Moldova lives impoverished at $85 in 2012 American dollars: http://jurnal.md/en/economic/2015/6/...nt-of-moldova/

    RIOTS IN MOLDOVA
    The average yearly salary in Moldova is less than $2000 per year (that’s average, so the median is even lower). There’s inflation so the bills get higher, so people got angry and riots broke out. See this picture of September 2015.


    Neighbouring country Romania offered Moldova a $162.5 million loan package in October 2015. After the first $65 million tranche Romania blackmailed Moldova by saying that it will not get the second tranche unless Moldova “undertakes a real fight against corruption, implements reforms targeting the justice sector and signs a draft loan agreement with the IMF”. Basically this means they have to let IMF and World Bank finish Moldova off: http://www.ibtimes.com/moldova-econo...uropes-2295822
    Nearly 17% of the Moldovan population live below the poverty line. In response to the $1 billion bank fraud (by the Moldavian Central bank), the EU, International Monetary Fund and World Bank have frozen their financial assistance to Moldova. According to the US Embassy in Chișinău, protests highlight the frustration experienced by many Moldovans due to lack of reforms in their country. Yeah sure... these people cannot get food on their plate and they would worry about “reforms”: https://en.wikipedia.org/wiki/2015%E...sts_in_Moldova

    CLINTON AND SOROS CONTROL THE SITUATION
    The Democratic party of Moldova have contracted the Podesta group (very close to the Clintons) for lobbying services in June 2016 for 600,000 dollars (of course it isn’t suspicious that this kind of money is paid for “lobbying”): http://www.moldova.org/en/democratic...obby-services/
    It’s none other than the Soros Foundation of Rothschild agent George Soros that is monitoring the Legal system in Moldova: http://www.soros.md/en/event/2010-12-15
    That’s the same George Soros that in late 1989 arranged with the Polish Prime Minister Mieczyslaw Rakowski and the leaders of Solidarnosc to bankrupt its industrial and agricultural enterprises, using astronomical interest rates, withholding state credits, and burdening firms with unpayable debts. After the economy of Poland crashed the economy could be bough dirt cheap. An example is the steel facility Huta Warsawa that was bought for $30 million, but was worth at least $3 billion.
    In late 1991 Soros arranged a similar plan with the Yeltsin circle for Russia. It was Soros who introduced Jeffery Sachs and shock therapy (draconian cuts in state spending to an economy that totally depended on the state) into Russia. Since January 2, 1992, shock therapy was introduced with chaos and hyperinflation as a result: http://balder.org/judea/George-Soros...am-Engdahl.php

    WORLD BANK TO FINISH THE JOB
    The World Bank has been “helping” Moldova since 1999 and claims impressive progress because the poverty rate was reduced from 72% in 1999 to 22% in 2010 (remember: an average year salary of less than 2000 dollar).
    An estimated 18,000 pregnant women cannot buy food and need food aid packages because of the increase in food prices in the summer of 2008. The Strengthening the Effectiveness of Social Safety Nets Project is “helping” over 50,000 poor households with “targeted” social assistance. In a country of 3.5 million that’s a very large impoverished percentage.
    Apparently much progress has been made by “the use of ICT as a tool for improved public services, greater transparency and efficiency”. An automated social assistance information system has been developed for the Ministry of Labour, Social Protection and Family to maintain records of persons requiring social services. Read what this means: Moldovans cannot buy food to eat and now the World Bank has arranged that they all have computer files (Big Brother is watching them too!).
    Where 50,000 are too poor to buy food the World Bank has rehabilitated over 40 primary healthcare centres. So the health care can guarantee the amount of poor people will reduce: http://www.worldbank.org/en/news/fea...ldova-20-years

    In this year’s Moldovan presidential election even a former World Bank economist - Maia Sandu – has tried to get elected. But it was Igor Dodon that won with a landslide: http://www.rferl.org/a/moldovana-fac.../28112323.html
    Last edited by Firestarter; 12-15-2016 at 03:58 AM.

  6. #5

    Default Tax wall by President Trump

    The Trump administration is working very hard to make a wall between the USA and Mexico: not a physical one, but a 20% tax on imports (that only starts with Mexico).
    The bankers want us to believe that economics is really difficult. Please don’t think that if you understand the following 7 “steps to damnation”, you’re some kind of genius.

    White house press secretary Sean Spicer explained that “right now our country’s policy is to tax exports and let imports flow freely in, which is ridiculous". For once I agree with Spicer: taxes are ridiculous.
    According to economic insiders: Spicer is talking about a Border Adjustment Tax (BAT). Trump had previously described this as "too complicated" (but then again: what isn’t "too complicated" for Donald Duck?).
    The GOP proposal allows companies to subtract the cost of labour, land and input goods, from the taxed amount. This could be either a scheme to give preferred suppliers the possibility to evade taxes or a ploy to give the USA the authority to spy on what’s happening in other countries (how else can they uphold this?): http://www.businessinsider.com/probl...true&r=US&IR=T

    1 – INFLATION
    Import taxes will increase the prices in the USA – this is inflation.
    According to Michael Gapen, chief economist at Barclays: "We estimate that a 20% border tax could increase year-over-year rates of core inflation by 0.5-1.0 percentage points and reduce real GDP growth by 1.0-1.5 percentage points”.
    As a result of inflation, we – the slaves – have to work harder to make ends meet. A fight we cannot win.
    Inflation gives the banksters the right to print additional money (the percentage of the inflation); which keeps the inflation perpetual.

    2 - JOIN THE ARMY
    According to Donald Trump and his ilk; lower taxes create jobs. That sounds reasonable when we hear this often enough, but this depends (more) on other factors. Now the Trump team tells us that increasing taxes will create jobs. Please don’t ask the president to explain this contradiction, this might be “too complicated”.
    According to Michael Gapen a border tax would hamper sales, reduce the GDP (a recession). This means that the import tax would reduce the amount of jobs.
    The result of rising inflation and no available jobs (a recession), is that the slaves have no choice, but to join the army.
    When you look at world history it’s clear that in the bigger scheme of plans the USA isn’t destined to produce stuff, but to destroy by throwing bombs.
    If the atrocities abroad become large enough will the USA look “great” in comparison?

    3 - EXPORT SUBSIDY
    The effect of a 20% import tax is that countries will look for other markets to sell their products (than the USA). This could decrease the trade deficit for the USA, but we really want the third world to work for us, so we want them to export cheaply.
    Following the import tax, come the export subsidies (Europe has been doing this for decades). In this way the prices for the products from the third world go down. This will force the third world to sell to the developed world for lower prices.
    This crashes the economy of those poor slobs in the third world.

    4 - WORLD BANK & IMF: MISSIONARIES
    As a result of these schemes the third world cannot make ends meet, and then they have to beg the World Bank and IMF for help.
    The mission of these wonderful banks is to preach helping the poor, when in reality they are finishing off their economy. The third world gets deeper and deeper in problems while they also get indebted by the banksters.
    Then the foreign investors (the banksters) step in to buy the economy pennies for dollars, to add to their growing world domination.

    5 – MONOPOLY
    Higher taxes sound honest: we all have to pay equally for the great “service” of our government. But then comes the kick: all are equal, but some are more equal than others.
    The elite use tax exempt NGOs, trust funds and Swiss bank accounts to evade taxes. Corporations can set up mail boxes in the Dutch Antilles or Luxembourg to flee from taxes. As a last resort they can even use their control over politrics to lower their taxes.
    Because of the high taxes the small businesses simply disappear, adding to the ever growing monopoly of the elite.

    6 – BILATERAL INVESTMENT TREATIES (BIT’S)
    For really philanthropic reasons the developed countries suggest the third world to make Bilateral Investment Treaties (BITs) for lower tax barriers.
    This gives multinational to right to sue using Investor-State Dispute Settlement (ISDS). This is arbitration where basically the World Bank decides if a corporation is hampered by some law.
    As a result democratically elected parliaments can only change the legislation when allowed by the multinationals. This is: power to the... banksters.
    To ensure that this is really democratic: the ISDS provisions are made in secret.

    7 – GOD IS A BANKER
    Because of the effective monopolies: the big corporations (controlled by a small group of “investors”) decide where we work, what we wear, hear, eat, drink, and what price we have to pay.
    Using BITs and the ISDS the investors force countries to privatise their hospitals. So now the elite have become God: they decide everything, including life and death.

  7. #6

    Default Yemen

    I suspected that the destruction of Yemen has been orchestrated by the terrorist IMF and World Bank: destroying countries under the guise of help: http://www.ronpaulforums.com/showthr...ation-of-Yemen

    The IMF and World Bank have been helping Yemen to destruction since at least the 1990s.
    I have found a plan that details the strategy of the IMF and World Bank from 1999 to 2001 for Yemen: https://www.imf.org/external/np/pfp/...en/index.htm#I

    First a short summary of this strategy.
    The dirt poor Yemen must pay off their “debts” to the banks by increasing tax collection, while at the same time increasing prices. For example in 2005 protests broke out when the Yemeni government guided by the World Bank increased the prices of oil, diesel and gas with respectively 100, 200 and 50 per cent: https://www.dawn.com/news/148827/wb-...riots-in-yemen
    Increase the power of the legal system to protect the financial institutions
    Decrease subsidy, so what’s left of the economy will collapse, but on the other hand increase the spending for hospitals and education (so that only the good slaves will survive).

    Following is my summary of the strategy of IMF and World Bank for Yemen in more detail.
    Increase prices
    raising subsidized prices despite lower world market prices (also for cereals), thereby significantly reducing subsidies, and by cuts in development expenditure (…)
    the intensive civil unrest following the June 1998 increases in administered prices pointed to the need to enhance public awareness of the reform program to ensure that further progress on reforms is not delayed
    ”.

    Increase taxes
    the taxpayer identification number system (TIN) will be extended beyond the current range of major taxpayers to medium- and smaller-sized contributors and will be enforced through penalties for non-observance. In addition, the need for computerization to enhance the effectiveness of the TIN's use will be reviewed”.

    Reduce subsidies
    in January 1999 the government eliminated the wheat subsidy by liberalizing the trading and pricing of wheat--well ahead of the initial target date--and plans to halve the flour subsidy through an increase in price early in 1999. The flour subsidy will be abolished in full by the start of 2001

    More hospitals, pharmaceuticals, and schools
    GDP for 1999-2001 are to be increased to average 8.2 percent for education, 1.6 percent for health, and 1.2 percent for social safety net programs. In addition, reform programs will be implemented in the education and health sectors to ensure better management of scarce public resources (…)
    To support this effort, trade in pharmaceuticals will be delegated to the private sector by eliminating the government procurement monopoly effective by the year 2000
    ”.

    Increase repaying of debts and a strong legal system to protect the banks
    The soundness of the banking system is vulnerable because of weak enforcement of prudential regulations, high levels of nonperforming loans in certain (mostly state-owned) banks, and a weak judiciary system (…)
    government gives immediate priority to introducing the legal, judiciary, and regulatory framework necessary to establish a free market environment for private sector activity and investment (…)
    A new Central Bank Law will soon be approved by the cabinet with the goal to become effective by end-1999. It will give the central bank greater independence and focus its mandate on price stability through changes in the composition of the Board of Directors, allow it to issue its own securities, if needed, for open market operations, limit public sector financing to emergency loans, grant it freedom to define and adopt its own monetary and exchange rate policy, and require greater accountability (…)
    Accordingly, the reform program over 1999-2001 will include specific steps aimed at advancing reintermediation in a competitive market environment and in particular to unblock the loan recovery process. Measures such as requiring that all court decisions be made in writing and published promptly, strengthening enforcement through introduction of a bailiff system, establishment of a quantitative system for monthly monitoring of court operations, and reducing the fee for filing a case in court will be considered. The delinquent borrower notification system implemented in 1997 will be continued
    ”.


    And it’s not only the bombing and blockade that finishes the destruction of Yemen.
    The situation is in turn used as an argument to stop the “humanitarian” aid to Yemen.
    The banks simply block the transfer of money to import food. They don’t even disguise their sick plans!

    In July 2016 importers couldn’t import food to Yemen, because more than $260 million of their credit couldn’t be transferred to foreign bank accounts.
    In turn the traders must ship the money in cash to the food seller (for example by plane) to purchase food: http://www.reuters.com/article/us-ye...-idUSKCN0ZU0F2

    In December 2016 wheat imports to Yemen were simply stopped due to a “crisis” at the Yemen Central Bank. They can’t import because it has “no access to foreign reserves at all”: http://www.reuters.com/article/us-ye...-idUSKBN1450H6
    Do NOT ever read my posts.
    Google and Yahoo wouldn’t block them without a very good reason: http://www.ronpaulforums.com/showthr...he-world/page2

  8. #7

    Default Philippines

    I’m more of a reader than video watcher, but this one is quite good.
    John Pilger’s documentary “War by other means” (1992) is about the wonderful efforts in the 1970s and 1980s by the World Bank and IMF to keep the world enslaved in debt.


    Here’s a transcript of the video: http://wake-up.acordem.com/blog/26399/
    (archived here: http://archive.is/PCucs)

    Contrary to the myth, it’s the poor of the world who finance the rich, not the other way around. And this video explains how.
    It’s really the continuing colonial war, blatantly ignored by the media. It’s been called a silent war. Instead of soldiers dying, there’re children dying - according to the UN, more than half a million per year.

    The IMF and World Bank were setup at the Bretton Woods conference in the US in 1944. The World Bank claimed it would finance the reconstruction of Europe and then develop the third world. In reality they are only promoting the interest of the elite. That was true in the 1970s and even more so in the 1980s.
    In the 1980s, the World Bank, IMF, US government and British government would blackmail “developing” countries by refusing “loans”.
    Every World Bank official is immune from prosecution anywhere in the world.

    The debtor countries have paid more than $1.3 trillion from 1982-1992, and their debt burden has risen by 60% in that period. If we don’t put a stop to this, this could go on forever with the debtor countries paying 12 billion dollars every single month…
    In the year 1990 alone, the poor countries transferred more than 6 billion pounds net to British banks. On top of this, the banks were allowed tax relief; from 1987 to 1990, 1.6 billion pounds. About 10 times what the British donated to the third world.
    In the 1990s, Britain effectively became the poorest European country. In 1992, 1 in 5 British children lives in poverty.

    The documentary puts the Philippines in the spotlight.
    In order to eat and feed their family, Eddie and his wife, must work at least 12 hours a day for a little more than 2 pounds. Almost 30% of the children born on smoky mountain do not live to the age of 5.
    About one Philippine child dies every hour because of the debt crisis. The Philippines spends almost half its national budget on paying the interest on debt to foreign banks.

    The year the World Bank declared the Philippines a special case for development, it lend Dictator Marcos more than 4 billion dollars.
    The Philippines used to have more than enough food, but for reasons known, agriculture was structurally adjusted. An example is the Calabarzon super-project, demanded by the IMF, which grows food specifically for the export. The new factories will produce profits for foreigners, and… more debt for the Philippines.
    Many farmers will end up homeless on the streets of Manila.

    Arguably the most interesting is the nuclear power plant sham. The Philippines had to borrow $2.6 billion from the Export-Import bank to pay the Westinghouse Electric Corporation for the power plant on the Bataan Peninsula, which will never create a single Watt of electricity.
    In July 1973, President Ferdinand E. Marcos announced the decision to build a nuclear power plant. In 1974, it was Westinghouse that got the deal by bribing Marcos. According to Filipino lawyers, bankers and Government officials, Dictator Marcos received most of the $80 million in bribes. The payment, first went to Herminio Disini, who laundered the money through Switzerland, and transferred most of it to Marcos.
    In 1975, Disini was rewarded for his work, when Marcos issued a secret presidential decree that effectively put Disini's competitor out of business.

    The deal was underwritten by the US government through the Export-Import bank and some private banks. The Export-Import bank was founded to help US business overseas, by providing loans.
    William Casey, the later director of the CIA, then Director of the Export-Import bank, went to Manila and recommended Congress to give an initial loan so that the other banks would join to provide more loans.
    In June 1974, even before Westinghouse had submitted a detailed bid, Secretary of Industry Vincente Paterno described the Westinghouse deal in a memo to Marcos as “one reactor for the price of two”. It was later discovered that Westinghouse sold similar technology to other countries for only a fraction of the price.

    Westinghouse got the deal with an estimate of $500 million, then the project was delayed over and over again, until the price was around $2.2 billion. All things considered the final cost for the Philippines is estimated at $2.6 billion. Of course, the Filipinos have to pay…
    After Marcos was overthrown in 1986, President Corazon Aquino declared the Bataan Power Station unsafe and it was closed forever. Later a US judge found evidence of bribery, which was then settled out of court. Westinghouse agreed to pay the Philippines $100 million. As part of the deal (?), the Aquino government then gave Westinghouse another $400 million dollars for further “work”, which were again borrowed from the Export-Import bank and has to be repaid by the Filipinos...
    Since Aquino was brought to power, the poverty level was raised by another 10%, to 70% of the Philippine population.

    In 1986, several Philippine ministers suggested that the Philippines' $26-billion foreign debt must be lowered. At the time, the government owed $1.2 billion on the Bataan plant project. The biggest creditor is the US Export-Import Bank, which advanced $550 million for the project. Other loans came from a syndicate led by Citicorp and from Swiss and Japanese banks.
    In May 2011, it was announced that the plant would be turned into a tourist attraction.

    Interest costs for the power plant, in 1986, were $210 million a year; 8% of the Philippines' total foreign debt of $26 billion: http://www.nytimes.com/1986/03/07/wo...ed=all&mcubz=1
    (archived here: http://archive.is/ApLT2)
    Do NOT ever read my posts.
    Google and Yahoo wouldn’t block them without a very good reason: http://www.ronpaulforums.com/showthr...he-world/page2






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