Look closer at our utilities being sold out
IMF / WORLD BANK DESTROYING COUNTRIES
The World Bank - IMF is owned and controlled by NM Rothschild and 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take the world over through money. The former chief economist of the World Bank, Joe Stiglitz, was fired recently. He pointed out to top executives that every country the IMF/World Bank got involved in ended up with a crashed economy, a destroyed government, and sometimes in flames with riots. Jim Wolfensen, the president of the World Bank would not comment on his dismissal.
Before Joe Stiglitz was fired he took a large stack of secret documents out of the World Bank. These secret documents from the World Bank and the International Monetary Fund reveal that the IMF required nations:
1. to sign secret agreements of 111 items
2. in which they agreed to sell off their key assets - water, electric, gas, etc.
3. in which they agreed to take economic steps which are really devastating to the nations involved
4. in which they pay off the politicians billions of dollars to Swiss bank accounts to do this transfer of a countries fixed assets
If they do not agree to these steps they are cut-off from all international borrowing. Today if can't borrow money in the international marketplace, no one can survive, whether you are people or corporations or countries. If that does not work they overthrow the government and plant lies about the former government and/or even rewrite history.
The Privatization of Public Utilities Can Be a Disaster
The disasters that have overtaken electricity privatization in California and rail privatization in Britain have failed to provoke much comment on a basic issue, which is how often people in power are prepared to let themselves become prisoners of ideology.
Privatization has become the fashionable remedy for the deficiencies and problems of national utilities. Until fairly recently, these were generally considered natural monopolies, properly managed by regulated private companies (the case, until the 1980s, for telephones and most electric power companies in the United States) or by state-held corporations, the usual case outside the United States. By the 1980s, however, these private and public monopoly companies had, in many cases, become bureaucratically inefficient, overstaffed and unresponsive to consumer interests. This fired enthusiasm for the market solutions argued in Margaret Thatcher's Britain, and then in the United States during Ronald Reagan's presidency.
The result was chaotic shortages of power in California, disruption elsewhere, and the possibility of up to a 1 percent reduction in U.S. national growth this year. In the British rail case, the irresponsibility and haste (politically motivated) that went into the program for deregulating a state-controlled railroad industry already in desperate straits is now all but universally acknowledged.
The Meaning of Privatization - Fact Pack
The World Bank - IMF is owned and controlled by NM Rothschild and 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take the world over through money. The former chief economist of the World Bank, Joe Stiglitz, was fired recently. He pointed out to top executives that every country the IMF/World Bank got involved in ended up with a crashed economy, a destroyed government, and sometimes in flames with riots. Jim Wolfensen, the president of the World Bank would not comment on his dismissal.
Before Joe Stiglitz was fired he took a large stack of secret documents out of the World Bank. These secret documents from the World Bank and the International Monetary Fund reveal that the IMF required nations:
1. to sign secret agreements of 111 items
2. in which they agreed to sell off their key assets - water, electric, gas, etc.
3. in which they agreed to take economic steps which are really devastating to the nations involved
4. in which they pay off the politicians billions of dollars to Swiss bank accounts to do this transfer of a countries fixed assets
If they do not agree to these steps they are cut-off from all international borrowing. Today if can't borrow money in the international marketplace, no one can survive, whether you are people or corporations or countries. If that does not work they overthrow the government and plant lies about the former government and/or even rewrite history.
The Privatization of Public Utilities Can Be a Disaster
The disasters that have overtaken electricity privatization in California and rail privatization in Britain have failed to provoke much comment on a basic issue, which is how often people in power are prepared to let themselves become prisoners of ideology.
Privatization has become the fashionable remedy for the deficiencies and problems of national utilities. Until fairly recently, these were generally considered natural monopolies, properly managed by regulated private companies (the case, until the 1980s, for telephones and most electric power companies in the United States) or by state-held corporations, the usual case outside the United States. By the 1980s, however, these private and public monopoly companies had, in many cases, become bureaucratically inefficient, overstaffed and unresponsive to consumer interests. This fired enthusiasm for the market solutions argued in Margaret Thatcher's Britain, and then in the United States during Ronald Reagan's presidency.
The result was chaotic shortages of power in California, disruption elsewhere, and the possibility of up to a 1 percent reduction in U.S. national growth this year. In the British rail case, the irresponsibility and haste (politically motivated) that went into the program for deregulating a state-controlled railroad industry already in desperate straits is now all but universally acknowledged.
The Meaning of Privatization - Fact Pack
posted by Ryan at 12:34 PM
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