Comments on: Challenges for the G20: The IMF and regulation Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: Eldon Lopes Thu, 02 Apr 2009 20:18:19 +0000 It’s funny the G20 today has decided to give the IMF some $1 trillion. I guarantee all that money will be used to repress small developing countries. They also want to eliminate all bank secrecy. Sounds like a power grab and something straight from the NWO conspiracy theory.

By: Palani Nadarajah Sun, 29 Mar 2009 02:57:30 +0000 Why Sri Lankan government is ragging the war?? Because war is a money making business for sri lankan politician, for an example current president’s brother Gotabaya was a IT professional in U.S, quit his job and went Sri Lanka to take a job as sri lankan secretary of defense why? Money making opportunity knocked his door and took that chance (before he was in military couldn’t make a good life and went to US for better life then he return to Sri Lanka for to support the war make more wealth for him)
Where is Sri Lanka buying their Arms? Pakistan, China, Iran, Russia and India and
Using all the arms for genocidal” war against the Tamils.
Because No Democracy or Justice in the Island of Sri Lanka. No Media Freedom Killing Reporters attacks against TV Radio Stations Abducting people who make voice against Government action also blocking the international independent watch group to enter the War torn area Condemning UN reports against the S.L government.

The last IMF facility was a 567-million-dollar loan given in April 2003 to support the government’s 2003-2006 economic program. The first trance of 81 million dollars was immediately received but the loan was suspended in November 2003 (Where did they spend?)
Where is the Tsunami Funds and Development?
When the IMF I going to give us USD 1.9 billion
These are not my word out of my mouth all came from President Melinda’s mouth

Sri Lanka will not accept any conditions on a loan from the International Monetary Fund (IMF), the island’s president has said (BBC Tuesday, 17 March 2009)
In Sri Lanka Famous for bribery corruption for an example if you want to get birth certificate of passport you need to birbe the officeial get done fast

Sinhala Governments in Sri Lanka is running a (little North Korea and Iran) Bully Kingdom, and looking for help from the Western World and refuse to listen the regulation by the World such as UN, World Bank and IMF

That’s the way we want it. Simple answer; No media freedom in Sri Lanka – SBS Australia as-war-on-tamils-hunting-the-tigers-by-s bs-
You can see Gotapaya;s words

By: Milthi Sat, 28 Mar 2009 21:22:55 +0000 The post by no to corrupt states above is right on the money (pun intended). IMF is in Srilanka negotiating $1.9B loan to the government. Note that the government kicked out IMF out of the country not so long ago. Srilankan government spends a very large percentage of its GDP on killing its minorities and suppressing free press. After wasting its money buying war planes and cluster bombs to kills its own citizens, the Srilankan government wants IMF to bail them out so they can continue war crimes. This time, the money is not going to end up back in the pockets of the arms dealers in the western countries, it will be in the hands of China, Iran and Pakistan. Since we are borrowing from the Chinese, I guess the money will indeed make its way back to US. When are we going to stop bailing out corrupt organizations and governments?

By: No to corrupt states Sat, 28 Mar 2009 18:48:33 +0000 Editor, Please use this corrected version:

A helping hand is necessary to most developing nations, during this time of distress-but what about Countries that are corrupt, lack adequate data standards, transparency and use of funds for quasi military purposes?

Case in point is Sri Lanka.

Just last year Human Rights Watch condemned the attack on Transparency International Director of Sri Lanka who was working on several Sri Lanka graft related matters. Sri Lanka is in the midst of a ‘genocidal war’, uprooting Tamil civilians from their habitat and moving them into ‘internment camps’. IMF need not be funding a country such as Sri Lanka, who has been pursuing a military solution for a political matter and thereby exacerbated the economic crisis situation.

Any funding to Sri Lanka could be just earmarked as for China, Iran and Pakistan, as they are the sources of Sri Lanka’s military procurements.

By: Anubis Fri, 27 Mar 2009 14:05:30 +0000 Jesus of Nazereth asks “Is it not better to teach a man to fish than give him one?”. Unfortunately the fish are gone. The rivers and land are drying up. How does any kind of lending or trade arrangement dictated by the G20 mitigate or help to avert famine and drought?

By: A Fri, 27 Mar 2009 13:56:01 +0000 It is time the G20 stop negotiating international economic rules to benefit themselves. The wealthy nations of the world have only sought to enrich them selves by stealing from the poor nations. Financial arrangements imposed upon those who have no say amounts to colonialism without occupation.

Empire is self defeating. History is replete with examples. The last global economic collapse lead to World War Two. This is the fate of Empires. Unfortunately it is all of humanity and not political leaders who pay the cost for these man made catastrophes.

By: Anubis Fri, 27 Mar 2009 13:42:28 +0000 The current global crisis is only a year or so old as told by economic pundits. The crisis has been unfolding for forty years for the poor and underdeveloped regions of the world. With no fixed exchange rate on currencies, debt issued through IMF or the World Bank is nothing less than oppression. For decades the poor of the world have not been fairly paid for that which they provide the wealthy. We have undermined the prospects for future employment at home for our children in exchange for these under priced goods.

There are always consequences to our actions. Humans don’t consider future consequences to present actions very well. This is probably our greatest failing. As economic collapse appears to be imminent, maybe this leveling of the playing field through suffering by all will create some much needed empathy for our brothers and sisters around the world. Perhaps then humanity will awaken.

By: Disappointed Guy Fri, 27 Mar 2009 07:04:49 +0000 What is now happening in the financial world fronts the ridiculous! People with common sense are outraged by the action of some Governments. What happens simply defies logic but it also shows that corruption can reign freely at the highest levels of our societies. Capitalist greed has stumbled upon itself and most Governments from the Western world are all running to pick it up, again. They would all love to see the return of the “Growth King”. No one seems to pay much attention to the coming destruction of people’s savings due to the rampant inflation to come in countries like US, UK, etc… And all this happens in the name of saving the biggest crooks of all time.

By: H. D. Schmidt Thu, 26 Mar 2009 14:48:26 +0000 Absolutely the sooneer that IMF, World Bank, etc is closed down the better. All these lending organization do is to keep proping up corrupt governments, as the evidence has fully proven such, yes living and operating more and more on borrowed time. With the USA the top crook of all of them, while not borrowing perhaps from these organization, but borrowing and actually proping up more and more the Communist Government that of China, and ending up financing one of America’s most formidable military thread as a “bonus” for the USA. Even right now America is on its knees begging Communist China to keep lending to America for the purpose to pull America out of the deepest and corrupt pit ever. I would not mind hearing from you? These words to support my contention:
“The principle of spending money to be paid by posteritty
in the name of funding, is but swindling futurity on a large scale”. By Thomas Jefferson. Yes, these organizations of which IMF is one of them, all they are doing, is providing for more and more misery the world over. Again, is the evidence not there? Now over a billion people in the world go hungry and millions die a year of hunger and disease.