European Tribune

Display:
The idea that the World Bank bases loans to countries like Tanzania, based on such schemes as requiring that their water be privatized, and then results in people not being able to afforsd their own water...that makes me angry.

Half the population is under the age of 18. Tanzania's future is NOW...join the 50% campaign!
by whataboutbob on Sat Aug 18th, 2007 at 03:37:45 AM EST
I agree.  This heartless exploitation at its worse.  When we think of the poor countries of Africa, Latin America, Asia and elsewhere we often think that their poverty is due to local corruption. This goes to show that corruption and parasitism is alive and well and waiting to be exported everywhere.

I can swear there ain't no heaven but I pray there ain't no hell. _ Blood Sweat & Tears
by Gringo (stargazing camel at aoldotcom) on Sat Aug 18th, 2007 at 11:34:40 AM EST
[ Parent ]
Makes me angry too. Not just that there are scheming sharks who feed off vital resources for their own profit, but that official bodies like the WB should be totally sold out to the cause of furthering the sharks' feeding. It's disgraceful and has to be seen to be believed. Thirty years now of robber barons enthroned as rightful kings. Enough.

When locusts move on, they leave nothing behind
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Aug 19th, 2007 at 08:49:44 AM EST
[ Parent ]
World Bank and IMF are in dire conditions right now because they lived off their "clients" and no one want their stinking loans and ideology anymore.

We should encourage and spread information about sound regional initiatives to replace these failed institutions.

by Laurent GUERBY on Sun Aug 19th, 2007 at 12:43:08 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Recent Diaries
Debates
Campaigns
Occasional Series