G20 - Fed, FCC Under Control of 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.

Watch YouTube Video: The World Bank (WB) & The International Monetary Fund (IMF)

Category:

News & Politics

Tags:

• FCC
• FED
• IMF
• WorldBank
• NWO
• G20
• Global
• Currency
• Geitner