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IMF Rates Up Dictatorships Just Before Revolutions

Mar 3

Posted by Michael Collins in Big Money, Corruption, Financial Crisis | 2 Comments

By Michael Collins

The International Monetary Fund (IMF) made an embarrassing error just two days before the start of the Libyan people’s revolution on February 17.  This quote from an IMF country study appeared in a previous article: “The outlook for Libya’s economy remains favorable.” IMF Feb 15 This advice was 180 degrees off target.  The Libyan economy has ceased functioning as protests and popular demands imploded the Gaddafi regime. (Image)

Further investigation unearthed a specific pattern of positive IMF endorsements for each of the nations experiencing popular uprisings that are sweeping the region.  When the IMF blesses a nation’s progress for conforming to the economic policies underlying globalism, watch out! There is a popular rebellion in the wings.
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Libyan Revolution Enters Critical Phase – the Battle for Tripoli

Feb 27

Posted by Michael Collins in Big Money | 4 Comments

France grants official recognition to rebel Libyan National Council Mar 10
Official from French president’s office says France will send ambassador to Benghazi and receive Libyan envoy in Paris; announcement follows meet between Sarkozy and officials from Libyan National Council.
Battles rage over Libyan cities Mar 10 08:03 GMT
Forces loyal to Muammar Gaddafi pound Az-Zawiyah and Ras Lanuf as world debates imposition of a no-fly zone.
New air raids hit Libyan oil city Mar 9 23:37 GMT
Strategic city of Ras Lanuf comes under heavy shelling by government forces, with reports of deaths and injuries. Forces loyal to Libyan leader Muammar Gaddafi have launched new air raids on the oil city of Ras Lanuf and are closing in on the western town of Az Zawiyah. See video at article
Founding statement of the Interim Transitional National Council
The Council emphasised that the most important role is the one played by the youth. They were the base of foundation of the revolution and the focal power for the Libyan to reach where they stand today to be able to demand the termination of the dictatorial regime. 7:40pm March 9 The Libyan regime has offered a nearly $500,000 bounty for the capture of the chairman of the opposition National Council, Mustafa Abdel Jalil, according to state TV.
Arab Countries May Back No-Fly Zone for Libya Within Days, Ambassador Says Mar 9 12:01 EST
The Arab League feels a “sense of urgency” over violence in Libya and may call this week for a no-fly zone to shield civilians and rebels from further attacks by Muammar Qaddafi’s forces, the Arab League’s ambassador in Washington said.
Libya oil tanks seen as ‘time bomb’ Mar 9 11:02 GMT
Desperate Gaddafi might hit oil facilities in an attempt to fend off encroaching rebels, sparking a human catastrophe.



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Gaddhafi Regime Collapses – People Hold Line Despite Brutal Attacks

Feb 22

Posted by Michael Collins in Big Money | Comments off

By Michael Collins

The outlook for Libya’s economy remains favorable.
International Monetary Fund, February 15, 2011

Libya is a nepotistic cult focused on Muammar al-Gaddafi, his family, and friends. The erratic and eccentric leader, known as the Guide of the Revolution, has ruled since he helped lead a military coup against King Idris in 1969. He developed his own style of Arab revolution outlined in The Green Book. Of interest, the title of the first section is, The Solution of the Problem of Democracy: ‘The Authority of the People’‘. (Image Google Maps)

Update 2/23, 2:35 pm EDT – IMF Changes Stand on Dictators

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Guest Author Stewart Hutchison – A Cautionary Tale and Other Outcomes of Imperialism

Feb 6

Posted by Guest Author in Big Money, Corruption, Criminal Justice, Wall St | 3 Comments

The events in Egypt cannot help but remind me of Portugal.  Here, there, and everywhere, now and before, the United States of America, as always, is petrified of anything genuinely progressive or socialist, or even too democratic, for that carries the danger of allowing god-knows what kind of non-America-believer taking office.  Honduras 2009, Haiti 2004, Venezuela 2002, Ecuador 2000, Bulgaria 1990, Nicaragua 1990 … dozens more … anything, anyone, if there’s a choice, even a dictator, a torturer, is better.  William Blum

From — “Hutch” — Stuart Hutchison of Prosecute Them Now
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Decline and Fall (Maybe) Jan 31 – Egypt and the False Dilemma

Jan 31

Posted by Michael Collins in Big Money, Corruption | Comments off

By Michael Collins

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to  petition the Government for a redress of grievances. Image: Cairo, January 2011

The people of Egypt have had enough of a failed dictatorship masquerading as a democracy.  As events unfold, we’re seeing a cautionary message entering the corporate media coverage of this event.  Having never exposed the dire conditions that prompted the massive protests and demands for change, we’re now told that this could negatively impact oil supplies, the stock market, and anti-terror efforts.  No foundation for the claims was provided but they’re repeated regularly on CNN, the NBC’s, Fox, and the print media.

Thus a false dilemma is created for the public:  support the right of people to determine their own fate or protect your safety and the current standard of living, as it were.
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