Category Archives: imf

Structural Adjustment Programs, Not Drought, Causing Famine

West Africa’s “slow-motion” famine

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World Bank Famine in Niger

In 2005 a food crisis hit Niger. Out of a population of 12 million, 3.6 million went hungry and 800,000 children faced starvation. But activists in Niger claim that the famine was not caused by drought. “This is a structural famine. A permanent famine,” says journalist Moussa Tchangari. “It was caused by 20 years of structural adjustment programs.”

According to the USAID-funded Famine Early Warning System (FEWS), agricultural production was only 11% below the 5-year average and was actually higher than levels in 2001-02, when there was no food crisis. The real problem, according to FEWS, was that food prices rose between 75-80%.

Moussa Tchangari claims that, “The root of the problem is that for more than 20 years, neoliberal policies have been forced on this country. . . the international financial institutions encouraged export agriculture, so that now we do not produce enough food to feed the population.”

Like many African countries, Niger was pressured by the IMF, World Bank, and EU development agencies to dismantle government services and to move from subsistance agriculture to export agriculture – to grow cash crops instead of food.

In the middle of the famine, Niger continued to export food. Millions starved and tens of thousands of chlidren died while the markets remained full of food they could not afford to buy.

In the first months of the crisis, the government of Niger and the UNs World Food Program refused to distribute free food to the population because interfering with the free market could disrupt Niger’s development out of poverty.

Tchangari believes that Niger’s problems have been caused by this model of development and that the country needs a different aproach. “The solution is to put in place an agricultural policy that can insure food self-sufficiency. It is possible. . . It is a question of political will.”

Female Genocide for Population Reduction

China’s one-child policy, implemented for purposes of population control as requested by the United Nations and the World Bank (as spoken about in the first video), is being hailed as an ideal model: “The often brutal Chinese program of population reduction and control is being held up as an ideal model for governments when “integrating population programs” into environmental policies.”

China, like India, is experiencing a severe shortage of women from their population as a result of the one-child policy implemented in 1979. Although China’s family planning policy has received criticism over the past three decades, Zhao said that China’s population program has made a great historic contribution to the well-being of society.

It’s hard to imagine how anyone could think that the slow and deliberate murder of baby girls (as you will see in the videos below) has made a great historic contribution to the well-being of society. Or how forced abortions, some into the ninth month of pregnancy, contributes to this well-being.

From an NPR article Cases of Forced Abortions Surface in China:

Liang Yage and his wife Wei Linrong had one child and believed that — like many other couples — they could pay a fine and keep their second baby. Wei was 7 months pregnant when 10 family planning officials visited her at home on April 16.

Liang describes how they told her that she would have to have an abortion, “You don’t have any more room for maneuver,” he says they told her. “If you don’t go [to the hospital], we’ll carry you.” The couple was then driven to Youjiang district maternity hospital in Baise city.

“I was scared,” Wei told NPR. “The hospital was full of women who’d been brought in forcibly. There wasn’t a single spare bed. The family planning people said forced abortions and forced sterilizations were both being carried out. We saw women being pulled in one by one.”

The couple was given a consent agreement to sign. When Liang refused, family planning officials signed it for him. He and his wife are devout Christians — he is a pastor — and they don’t agree with abortion.

The officials gave Wei three injections in the lower abdomen. Contractions started the next afternoon, and continued for almost 16 hours. Her child was stillborn.

“I asked the doctor if it was a boy or girl,” Wei said. “The doctor said it was a boy. My friends who were beside me said the baby’s body was completely black. I felt desolate, so I didn’t look up to see the baby.”

Medical sources say fetuses aborted in this manner would have been dead for some time, so the tissue is necrotic and thus dark in color.

“The nurses dealt with the body like it was rubbish,” Wei said. “They wrapped it up in a black plastic bag and threw it in the trash.”

Excerpts from the recent article When abortion isn’t a choice clearly outline the danger of China’s population control:

Reggie Littlejohn, founder and president of the Frontiers group, told the commission that China’s one-child policy “causes more violence against women and girls than any other official policy on Earth.”

Late-term abortions are problematic, but the Chinese are nothing if not efficient. On one Web site for Chinese obstetricians and gynecologists, doctors recently traded tips in a dispassionate discussion titled: “What if the infant is still alive after induced labor?” ChinaAid provided a translation of a thread regarding an eight-month-old fetus that survived the procedure.

“Xuexia” wrote: “Actually, you should have punctured the fetus’ skull.” Another poster, “Damohuyang,” wrote that most late-term infants died during induced labor, some lived and “would be left in trash cans. Some of them could still live for one to two days.”

The violence of these procedures doesn’t only kill the child in some instances. In two of the cases described in a document leaked this past August, the mothers died, too. Those who dissent, meanwhile, are persecuted.

Such has been the fate of activist Chen Guangcheng, who is serving a four-year sentence after exposing 130,000 forced abortions and sterilizations in Linyi County, Shandong province, in 2005. Named by Time magazine as one of 2006′s top 100 people “who shape our world,” Guangcheng, who is blind, was severely beaten and denied medical care the following year, according to an Amnesty International report.

The one-child policy has created other problems that threaten women and girls. The traditional preference for boys has meant sex-selected abortions resulting in a gender imbalance. Today, men in China outnumber women by 37 million, a disparity that has become a driving force behind sex slavery in Asia. Exacerbating the imbalance, about 500 women a day commit suicide in China — the highest rate in the world, which Littlejohn attributes in part to coercive family planning.

But is overpopulation really an issue?

In the many articles that refute the ‘myth’ of overpopulation, The overpopulation lie tells us: It is perhaps the single greatest disinformation campaign in human history: The planet is grossly overpopulated, and unless something is done to limit human population growth, calamity will ensue.

…while the one-billionth citizen of India was born last year, Japan, if it continues its current abortion policies and fails to raise its average birth rate of 1.4 children per married couple, will have fewer than 500 people by the year 3000. This is not a prophecy of the mad Aum Shinrikyo cult, but rather a pronouncement of Japan’s Ministry of Health and Welfare.

Thomas Malthus is a British historical figure of great note. His most studied work, “An Essay on the Principle of Population as it Affects the Future Improvements of Society, with Remarks on the Speculations of M. Godwin, M. Condorcet and Other Writers,” was first published in 1798. Its thesis — that overpopulation would destroy the world unless war, famine and disease rose to check human growth — has proven to be dead wrong.

Malthus reasoned that, since people increase exponentially and food production only increases arithmetically, food production could not possibly hope to keep up with more and more empty stomachs. Ironically, he predicted mass starvation on the eve of one of the biggest farming expansions the world has ever seen. For free countries, hunger has effectively been eliminated.

Rather than booming, as one might expect in the face of such plenty, the world’s population is aging and in decline. As fertility rates fall and abortion, contraception and life spans increase, the world will soon enter a new paradigm in which the elderly outnumber the young. In 1975, the mean global age was 22. In 2050, it will be 38. Europe, South Korea and Japan will be particularly hard hit by this phenomenon.

The U.S. State Department and the United Nations are major players in this population game. Their measures are funded in large part by top U.S. foundations like Ford and Rockefeller. Ted Turner, founder of CNN, is also a major population-control sugar daddy for the United Nations, having cut a $1 billion check to the world body when conservatives in the U.S. Congress threatened not to pay off America’s back dues to the U.N. if those dues would be used to set up abortion clinics overseas.

In Is Human Population Really the Problem? author Jeff Lindsay says: But could it be that we are running out of space? Walk through New York, Calcutta, or Hong Kong and experience the incredible crowding: surely there just isn’t room for all these people. Yes, there are crowded places in the world. There are strong economic and social incentives for people to cluster together. If Manhattan were spread out over the state of Montana, it’s economic power would be greatly diminished (and a lot of moose would be mugged). Yet leave these population centers, and we find a remarkably unpopulated planet.

How much land does it take to hold 6 billion people? To give you an idea, consider the small nation of Japan. It has about 143,000 square miles of area. One square mile has 5280 * 5280 = 27.9 million square feet. Japan has a total of about 4 trillion square feet, enough to give each person of the earth 670 square feet. If we housed people in families of four in simple two-level buildings (8 people per building, one family of four per level), each building could be on a lot of over 5300 square feet. (Of course, I’ve ignored that fact that many parts of Japan would be unsuitable for dwelling places, and I’ve neglected the land needed for roads, parks, schools, etc.) In a land area as small as Japan, the entire population of the earth could be housed on lots of 5300 square feet, with 8 people per lot. That’s smaller than the typical American lot of about 8000 square feet, but it’s not unbearably small.If we insisted on American standards, with only 4 people per lot of at least 8,000 square feet, then Gale Lyle Pooley shows that an area the size of Texas plus Nevada would be adequate (op. cit., p. 93). That would make those two states less attractive, perhaps, but it would leave the rest of the world for food production, animal reserves, nature movies, Woodstock festivals, or whatever. In terms of the real resources of this planet, we are not overpopulated.

From the growing screeches of the manmade global warming alarmists, overpopulation has become a hot topic. But is global warming a real phenomenon? Check out The Money Making Global Warming Scam to get a different viewpoint, and to start putting questions to the elitist agendas that are costing women their lives.

The Dying Rooms 1/4

The Dying Rooms 2/4

The Dying Rooms 3/4

The Dying Rooms 4/4

World Wants to Divorce Itself From U.S. Dollar

“US is on the slippery slope to economic collapse”

The Demise of the Dollar

UN dollar to replace US dollar?

UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’

The dollar’s role in international trade should be reduced by establishing a new currency to protect emerging markets from the “confidence game” of financial speculation, the United Nations said.

UN countries should agree on the creation of a global reserve bank to issue the currency and to monitor the national exchange rates of its members, the Geneva-based UN Conference on Trade and Development said today in a report.

China, India, Brazil and Russia this year called for a replacement to the dollar as the main reserve currency after the financial crisis sparked by the collapse of the U.S. mortgage market led to the worst global recession since World War II. China, the world’s largest holder of dollar reserves, said a supranational currency such as the International Monetary Fund’s special drawing rights, or SDRs, may add stability.

“There’s a much better chance of achieving a stable pattern of exchange rates in a multilaterally-agreed framework for exchange-rate management,” Heiner Flassbeck, co-author of the report and a UNCTAD director, said in an interview from Geneva. “An initiative equivalent to Bretton Woods or the European Monetary System is needed.”

The 1944 Bretton Woods agreement created the modern global economic system and institutions including the IMF and World Bank.

Enhanced SDRs

While it would be desirable to strengthen SDRs, a unit of account based on a basket of currencies, it wouldn’t be enough to aid emerging markets most in need of liquidity, said Flassbeck, a former German deputy finance minister who worked in 1997-1998 with then U.S. Deputy Treasury Secretary Lawrence Summers to contain the Asian financial crisis.

Emerging-market countries are underrepresented at the IMF, hindering the effectiveness of enhanced SDR allocations, the UN said. An organization should be created to manage real exchange rates between countries measured by purchasing power and adjusted to inflation differentials and development levels, it said.

“The most important lesson of the global crisis is that financial markets don’t get prices right,” Flassbeck said. “Governments are being tempted by the resulting confidence game catering to financial-market participants who have shown they’re inept at assessing risk.”

The 45-year-old UN group, run by former World Trade Organization chief Supachai Panitchpakdi, “promotes integration of developing countries in the world economy,” according to its Web site. Emerging-market nations should consider restricting capital mobility until a new system is in place, the group said.

The world body began issuing warnings in 2006 about financial imbalances leading to a global recession.

The Dollar Collapses

Appeasing the Liberals to Win IMF War Funding

House Approves $106B Bill to Fund Wars in Iraq, Afghanistan

The House today passed a $106 billion bill funding the wars in Iraq and Afghanistan through September, as House Democrats backed President Obama despite misgivings among the ranks about his strategy in Afghanistan.

The 226 to 202 vote came after Obama and Treasury Secretary Timothy F. Geithner had called some reluctant Democrats during the day imploring them to back the bill, and Speaker Nancy Pelosi (D-Calif.) had strongly pressed her colleagues in a closed-door meeting to vote for the bill in a show of support for Obama, even if they oppose his strategy for increasing troops in Afghanistan. In the end, 221 Democrats voted for the bill, while 32 opposed it.

All but five Republicans opposed the bill after the White House inserted money to fund a line of credit for the International Monetary Fund, which the GOP said amounted to a “global bailout.”

“We are in the process of wrapping up the wars. The president needed our support,” said Rep. Anthony Weiner (D-N.Y.), who had earlier said he opposed the war funding but voted for it in the end. “But the substance still sucks.”


…House Democrats had put off the vote for more than a week, looking to win support for the bill. President Obama, who had pushed to insert a provision in the bill to bar the release of photos depicting abuse of detainees held in U.S. custody abroad, demanded the Senate take out the provision to win votes from House liberals who said they would not support the war bill if the photo ban was included.

In the end, 19 House Democrats backed the bill who had opposed it the first time, although some cited loyalty, not agreement with Obama’s plans, as their reason. Full Story

Campaign to stop IMF and war funding

Related: Obama Pleads for $100 Billion Loan to IMF to Fund Wars

Over One Billion Starving People – Who Are the Culprits?

U.N. warns of catastrophe as hungry people top one billion

hunger

High food prices have pushed another 105 million people into hunger in the first half of 2009, the head of the U.N. World Food Programme said on Friday, raising the total number of hungry people to over 1 billion.

Urging rich nations at a meeting of G8 development ministers not to cut back on aid, Josette Sheeran said the world faced a human catastrophe as more people struggle to eat a decent meal.

“This year we are clocking in on average four million new hungry people a week, urgently hungry,” Sheeran told Reuters.

“For the first six months of this year, 105 million people have been added,” she said, citing figures to be released by the U.N. Food and Agriculture Organization next week that will raise the total number of undernourished people to over 1 billion.

In 2008, FAO said the world’s hungry numbered 963 million.

The WFP needs $6.4 billion this year for food aid, but donors’ contributions have fallen way behind that level — it had around $1.5 billion at the end of last week.

The agency says it has had to cut food aid rations and shut some operations in eastern Africa and North Korea because of the credit crunch.

“I know it seems a big figure, but if you compare it with the global stimulus package, it means that for less than 1 percent of that we could help meet the urgent human crisis that is unfolding, and that is just as essential to the stability of the world,” Sheeran said.

She said despite a decline in most food prices from record peaks last year, they remained high in developing countries, while global food aid was at a 20-year low.

The financial crisis has made things worse, and in terms of staple food, people in poorer countries today can only afford about a third of what they could afford three years ago. Full Story

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HungerSite.com

HungerSite.com

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Experts: Obama biofuel policy boosts world hunger

The Obama administration’s policy of producing ethanol as a renewable fuel substitute for gasoline will add to the number of people in Third World countries who are chronically hungry, according to energy experts.

The administration’s mandates for the use of ethanol are “immoral,” asserts Robert Bryce, managing editor of the monthly industry magazine Energy Tribune.

“We are burning food to make motor fuel at a time when there’s a growing global shortage of food and no shortage of motor fuel,” Bryce told WND.

“The corn ethanol scam is not an energy program,” he continued. “It is a massive farm subsidy program masquerading as an energy program.”

The U.S. Department of Energy did not respond to a WND request for comment on this story.

A controversial report released earlier this month by the Congressional Budget Office, or CBO, said the increasing demand for corn to produce ethanol contributed between 10 to 15 percent of the overall 5.1 percent increase in the price of food from April 2007 to April 2008, as measured by the Consumer Price Index. Full Story

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How the World Bank, IMF and WTO destroyed African agriculture

Biofuel production is certainly one of the culprits in the current global food crisis. But while the diversion of corn from food to biofuel feedstock has been a factor in food prices shooting up, the more primordial problem has been the conversion of economies that are largely food-self-sufficient into chronic food importers. Here the World Bank, International Monetary Fund (IMF), and the World Trade Organization (WTO) figure as much more important villains.

Whether in Latin America, Asia, or Africa, the story has been the same: the destabilization of peasant producers by a one-two punch of IMF-World Bank structural adjustment programs that gutted government investment in the countryside followed by the massive influx of subsidized U.S. and European Union agricultural imports after the WTO’s Agreement on Agriculture pried open markets. .

African agriculture is a case study of how doctrinaire economics serving corporate interests can destroy a whole continent’s productive base. Full Story

Obama Pleads for $100 Billion Loan to IMF to Fund Wars

Democrats agree to IMF money in U.S. war bill

Democrats in the U.S. Congress have reached a deal to boost support to the International Monetary Fund, lawmakers’ aides said on Tuesday, a victory for President Barack Obama who pledged to help the lender assist countries in the global economic crisis.

The war funding measure will provide a $100 billion credit line to the IMF, increase the U.S. member contribution to the IMF by $8 billion and authorize the United States to back the IMF’s plan to sell 400 tons (12.97 million ounces) of gold, said the aides, who declined further identification.

Obama had pleaded with the House of Representatives and the Senate to approve the provisions and the full funding package is expected to be completed in the coming days.

The bill must be voted on in both chambers before being sent to Obama. The House approved a $96.7 billion measure for the wars in Iraq and Afghanistan without including the IMF provisions while the Senate approved a $91.3 billion version with them.

The final package is also expected to include funding for eight Boeing Co C-17 military transport planes that the House approved but the Senate cast aside, one source said.

Senate Appropriations Committee Chairman Daniel Inouye said that “so far” 11 Lockheed Martin C-130 transport planes approved by the House also were in the compromise package.

Other unresolved disputes include how much additional economic aid to provide Pakistan.

The House ignored Obama’s IMF request when it passed its version and Appropriations Committee Chairman David Obey, a senior Democrat, expressed reservations about including it until European countries did more to stimulate their economies.

Obama’s credibility has been on the line with world leaders because he pledged the support at a Group of 20 nations meeting in April. The G20 agreed to provide the IMF $500 billion more to help developing countries coping with the economic downturn.

“Even if the $500 billion isn’t completely used, it is part of the overall strategy from this administration about building confidence around the world,” said Nancy Birdsall, president of the Washington-based Center for Global Development.

Additionally, congressional authorization is needed for the U.S. representative to the IMF to vote on the gold sale.

Democrats could have some problems getting the final bill through the House because about 50 anti-war Democrats voted against it initially because they opposed the wars while senior House Republicans have expressed unease about including the IMF provisions in an emergency war funding bill.

“We should not be having this discussion. IMF funding has no business being included in the war supplemental” bill, said Representative Eric Cantor, a member of the Republican leadership.

It would take a defection of almost all Republicans and the anti-war Democrats for the bill to fail but because the measure funds U.S. troops in the field, it is unclear whether they are willing to vote down the measure.

To learn more about the IMF see: Funding the IMF for the ‘New World Order’

Obama’s Proposal to Loan the IMF Billions of Dollars

Obama proposes $100 billion U.S. loan for IMF

President Barack Obama on Monday proposed a $100 billion U.S. loan to the International Monetary Fund to boost the IMF’s resources and urged a bigger stake in the IMF for emerging powers.

In a letter to U.S. congressional leaders, Obama said the U.S. funding “does not represent a budgetary expenditure or any increase in the deficit since it effectively represents an exchange of assets.”

The $100 billion is part of commitments made by Group of 20 countries at a London summit on April 2, which agreed to triple IMF resources to a total of $750 billion to help the IMF respond to crises in emerging market economies as a result of the global financial crisis and economic downturn.

The U.S. funding will boost the IMF’s so-called New Arrangements to Borrow, or NAB, a facility which allows member countries to provide credit to the IMF to deal with crises that may threaten the stability of the global financial system.

Obama said the NAB was “woefully inadequate” to deal with the severe economic and financial crisis.

“The deteriorating conditions threaten to worsen the recessions in these countries and could cause currencies to collapse,” Obama wrote.

“Together, these factors, particularly if they become more acute, will further lower global growth and, as we saw during the Asian financial crisis, they will cause U.S. growth, jobs, and exports to fall even more sharply,” he added. Full Story

Jim Rogers: “abolish the World Bank and IMF”

Related Stories:

Funding the IMF for the ‘New World Order’
G20 – A New World Order for Global Recovery
How the International Monetary Fund and the World Bank Undermine Democracy and Erode Human Rights: Five Case Studies

G20 – A New World Order for Global Recovery

Obama hails the new world order

Gordon Brown declared that a $1 trillion package to stimulate economic growth agreed at yesterday’s G20 summit in London will ensure that the world pulls out of recession more quickly.

Speaking after the one-day summit of the world’s richest nations in the Docklands, the Prime Minister said there were “no quick fixes”, adding: “Today’s decisions will not immediately solve the crisis. But we have begun the process by which it will be solved.”

He said: “This is the day that the world came together to fight back against the global recession, not with words, but with a plan for global recovery and for reform and with a clear timetable for its delivery.”

The US President Barack Obama played a key role in brokering the agreement, resolving tensions between China and France on tax havens. The $1trn will be made available to countries that run into trouble via the International Monetary Fund (IMF), the World Bank and World Trade Organisation, which will all be beefed up.

Half the money will come from IMF loans, with $250bn to finance trade deals and a further $250bn from the IMF’s currency reserve.
Full Story

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Please see Funding the IMF for the ‘New World Order’ for more information on how the megalomania’s IMF and the World Bank bring destruction in their ‘loaning’ of money.

Funding the IMF for the ‘New World Order’

G20 meeting, Gordon Brown’s New World Order

G-20 pumps $1 trillion into beating recession

British Prime Minister Gordon Brown heralded the emergence of a “new world order” Thursday as the G-20 issued details of an “unprecedented” package of measures to tackle the global economic crisis.

U.S. President Barack Obama called the deal “a turning point in our pursuit of global economic recovery.”

The deal agreed by the leaders of the world’s largest economies included reform of the international banking system and the injection of more than $1 trillion into the world financial system. Full Story

G-20 to give $1 trillion to IMF, World Bank

G-20 leaders hoping to end the global economic crisis pledged an additional $1.1 trillion in financing Thursday to the International Monetary Fund and other global institutions and declared a crackdown on tax havens and hedge funds.

In a communique capping a dramatic one-day gathering, the leaders announced the creation of a supervisory body to flag problems in the global financial system — but did not satisfy calls for new stimulus measures.

They did, however, bridge the gap between the United States and some European nations over how far to regulate the market and curb the excesses that sparked the global economic crisis.

“Today the largest countries of the world have agreed on a global plan for economic recovery and reform,” said the host, British Prime Minister Gordon Brown. His announcement was quickly followed by similar ones by the French and German leaders, who supported the results of the summit. Full Story

Fed, FCC Under Control of IMF

The World Bank (WB) & The International Monetary Fund (IMF)

Who is the IMF?

from: 50 Years is Enough

The misery, marginalization, and impoverishment forced on millions by the International Monetary Fund and World Bank is unacceptable and renders them illegitimate.

The IMF and World Bank are controlled by rich imperialist countries in corrupt complicity with national elites all over the world. They claim to lead the fight against poverty, but their role as global loan sharks; their cruel imposition of privatization, cuts to social services, and free trade policies; their funding for environmentally disastrous projects; their secrecy and undemocratic decision making processes, make them an enemy of the people worldwide.

Today, these two institutions are on the defensive. Venezuela, Bolivia, and Ecuador are in open revolt against the IMF and World Bank. South African shantytown dwellers are fighting water privatization; Korean workers are striking against “free trade” agreements; and thousands of people successfully blockaded the G8 meeting in Germany earlier this year.

In the U.S., in the heart of empire, millions are struggling against the oppressive system of capitalism for dignity, autonomy and solidarity. Tens of thousands gathered for the first ever United States Social Forum; millions of immigrants have marched for their rights; and in Washington DC,in the belly of the beast, residents are organizing against the policies of gentrification and displacement.

The Grassroots Guide to the IMF and the World Bank (sample from book)

See Also:

Analysis: Crisis may lead to new world order
Proposal of a New Reserve Currency Controlled by the IMF