Category Archives: Political

IMF forces “austerity” on Ukraine

Excerpts from…
Regime Change in Ukraine and the IMF’s Bitter “Economic Medicine”

By Prof Michel Chossudovsky

In the days following the Ukraine coup d’etat of February 23, leading to the ousting of a duly elected president, Wall Street and the IMF–in liaison with the US Treasury and the European Commission in Brussels– had already set the stage for the outright takeover of Ukraine’s monetary system. The EuroMaidan protests leading up to “regime change” and the formation of an interim government were followed by purges within key ministries and government bodies

The new Cabinet has stated that the country is prepared for socially “painful” but necessary reforms. In December 2013, a 20 billion dollar deal with the IMF had already been contemplated alongside the controversial EU-Ukraine Association Agreement. Yanukovych decided to turn it down.

One of the requirements of the IMF was that “household subsidies for gas be reduced once again by 50%”.

“Other onerous IMF requirements included cuts to pensions, government employment, and the privatization (read: let western corporations purchase) of government assets and property. It is therefore likely that the most recent IMF deal currently in negotiation, will include once again major reductions in gas subsidies, cuts in pensions, immediate government job cuts, as well as other reductions in social spending programs in the Ukraine.” (voice of russia.com March 21, 2014)

Economic Surrender: Unconditional Acceptance of IMF Demands by Western Puppet Government

Shortly after his instatement, the interim (puppet) prime minister Arseny Yatsenyuk casually dismissed the need to negotiate with the IMF. Prior to the conduct of negotiations pertaining to a draft agreement, Yatsenyuk had already called for an unconditional acceptance of the IMF package: “We have no other choice but to accept the IMF offer”.

[Neo Nazi Svoboda Party glorify World War II Nazi Collaborator Stepan Bandera]

Yatsenyk intimated that Ukraine will “accept whatever offer the IMF and the EU made” (voice of russia.com March 21, 2014)

In surrendering to the IMF, Yatsenyuk was fully aware that the proposed reforms would brutally impoverish millions of people, including those who protested in Maidan.

The actual timeframe for the implementation of the IMF’s “shock therapy” has not yet been firmly established. In all likelihood, the regime will attempt to delay the more ruthless social impacts of the macroeconomic reforms until after the May 25 presidential elections (assuming that these elections will take place).

The text of the IMF agreement is likely to be detailed and specific, particularly with regard to State assets earmarked for privatization.

Henry Kissinger and Condoleeza Rice, according to Bloomberg are among key individuals in the US who are acting (in a non-official capacity) in tandem with the IMF, the Kiev government, in consultation with the White House and the US Congress.

Read the entire article at http://www.globalresearch.ca/regime-change-in-ukraine-and-the-imfs-bitter-economic-medicine/5374877

Road to Endless War – The Final Chapter

Fifteen chapters:

  1. Rise of the NWO (New World Order)
  2. Libya
  3. All Trends Together
  4. Crash of the Western Empire
  5. Palestine, the Real Story
  6. The US, China & Peak Oil
  7. Empires Fall & New Ones Rise
  8. The Road to World War III
  9. Conflict, Collapse & Solutions
  10. Rise of the NWO
  11. CFR Influence
  12. Emerging Alliances
  13. The Last Oil Well
  14. The Tar Sands & Nuclear Energy
  15. The End Game

Members of the CFR in Part 1…

The Rockefeller Group
U.S. Federal Reserve System
NASDAQ
Standard & Poor’s
NYSE Euronext
U.S. Chamber of Commerce
Goldman Sachs
JP Morgan Chase
Bank of America
CIT
CITI
BNY Mellon
Deloitte
Deutsche Bank
HESS
Toyota
Baker Hostetler
Chrysler
The Blackstone Group
Volkswagon
Calyon
Barclays Capital
O-BASF
Canon
CIBC
CITIbank
Coca-Cola
Google
DynCorp International
Duke Energy
Eni
Estee Lauder Companies
French American Chamber of Congress
FedEx
Ford
Hadromi & Partners, Indonesian Law Firm
GlaxoSmithKline
Granite Associates
Greenberg Traurig
GE
Lockheed Martin
United Technologies
Raytheon
Boeing
Lockheed Martin
KBR
Hitachi
Japan Finance Corporation
John Deere
Pfizer
Merck
BNP Paribas
IBM
Marathon
mbia
McGraw Hill
mRisk
Harrah’s
Mitsubishi
Morgan Stanley
Munchener Ruck
Oxy
Pepsi
Price Waterhouse Coopers
Prudential Financial
Reliance Industries Limited
Rio Tinto
Shell
Pillsbury Winthrop Shaw Pittman
Gerson Lehrman Group
Exxon Mobil
Olayan
Aramco Services Company
Chevron
ConocoPhillips
Pratt & Whitney
Northrop Grumman
Arcapita
Patton Boggs, Attorneys at Law
General Dynamics
Standard Chartered
TATA
TimeWarner . Turner . AOL
Tishman Speyer
TOTAL
Thomson Reuters
UBS
Verizon
VISA
Weber Shandwick Worldwide
Xerox
Zephyr Management/Integration Services
Bunge
Newscorp