Haiti opportunism, everybody's catching the wave! Sure, we all shared a collective groan this week when we heard the medieval philosophy ooze from Pat Robertson's pustuled piehole, or the casually repulsive xenophobia from shitbags like Steve King or Fox News, but let's be honest. Those assholes are amateurs. The Nation reports on the big-league game going on:
To great fanfare, the IMF announced a new $100 million loan to Haiti on Thursday. In one crucial way, the loan is a good thing; Haiti is in dire straits and needs a massive cash infusion. But the new loan was made through the IMF's extended credit facility, to which Haiti already has $165 million in debt. Debt relief activists tell me that these loans came with conditions, including raising prices for electricity, refusing pay increases to all public employees except those making minimum wage and keeping inflation low.So there you go. No sense in waiting until the survivors to get above ground before restructuring their economy in our favor. With a few casinos, duty free stores and hookers, Haiti will be a free-market success story faster than you can say permanent global underclass, yo.
PS: Naturally there is a Facebook group to gripe impotently stop this terrible injustice.
Comments (3)
LOL--they seriously expect to see this money ever again? With no electrical infrastructure, no jobs, everyone struggling just to survive, and they set these conditions? Dumbass IMF, no wonder no one does business with them anymore.
Posted by QueenBina
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January 19, 2010 10:04 AM
Posted on January 19, 2010 10:04
Someone needs to send their Pres a copy of the Argentine game so he understands to stay AWAY from the IMF's lure. Donations from around the world would probably top that amount anyway & the people of Haiti won't have to starve to death because of it.
Posted by Bosque
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January 19, 2010 6:44 AM
Posted on January 19, 2010 06:44
without mentioning the CIA, USAID, IV Fleet, and 12k troopers silently invading, as the US Air Force took over the International Airport and airspace. The French are pretty pissed as are the Empire Watch Dogs and Popular Presidents south of the border.
Posted by Bolivarianews.blogspot.com
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January 18, 2010 4:17 PM
Posted on January 18, 2010 16:17