IMF Financial Terrorism

Click here to access article by Stephan Lendman from Activist Post. 

As a result [of the operations of the IMF and World Bank], bankers and other corporate predators strip mine countries of their material wealth and resources, shift them from public to private hands, crush democratic values, hollow out nations into backwaters, destroy middle class societies, and turn workers into serfs if they manage to have any means of employment.

As history offers an abundance of evidence, private banking institutions have always functioned this way. Even though institutions like the above and the Fed like to hide behind an elaborate facade of public-private control, they operationally always serve private financial interests. The latter gain wealth and power through their control over the engines of capitalist growth--major corporations which, of course, are nearly always privately owned and controlled. That is precisely why we, as individuals and whole societies throughout much of the world, have arrived at the situation we are in today: an overwhelming number of debtors (mostly taxpaying workers) beholden to a tiny group (about 1%) of creditors (owner-investors who hide their incomes in tax havens).