Monday, September 27, 2010

IMF and Indonesia

There are many examples of the wrong-doings of epic scale of the IMF and the World Bank. Here is the example of the rape of the nation of Indonesia by the IMF. The 53-min video documentary was produced by John Pilger for British television in 2001 and entitled "The new Rulers of the World". After highlighting Indonesia as a case study of the IMF processes at a detailed level, the documentary concludes in the last minutes that the newest ruler of the world is the WTO (World Trade Organization) and that the WTO has been created by a few as an unelected embryonic world government above all nations and responsible only to the world's richest corporations. The last sentences is "Why not abolish the IMF, the World Bank, the WTO and replace them with genuine trade institudions that are democratically acountable? ... Why should we accept this? Why should our children have to face these visions and dangers? None of them is god-given, all of them can be changed."

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