Book Review: Pillaging the World. The History and Politics of the IMF

“During his bloody coup, Pinochet had fully relied on the active support of the CIA and the US Department of State under Henry Kis­singer. When implementing the toughest austerity program ever carried out in a Latin American country, the “Chicago Boys” received the full backing of the IMF. Regardless of all human rights violations, IMF loans to Chile doubled in the year after Pinochet’s coup, only to quadruple and quintuple in the following two years.”

Read the review of Ernst Wolff’s book on the history of the International Monetary Fund, “Pillaging the World”.

Astute News

No other financial organization has affected the lives of the majority of the world’s population more profoundly over the past fifty years than the International Monetary Fund (IMF). Since its inception after World War II, it has expanded its sphere of influence to the remotest corners of the earth. Its membership currently includes 188 countries on five continents.

For decades, the IMF has been active mainly in Africa, Asia and South America. There is hardly a country on these continents where its policies have not been carried out in close cooperation with the respective national governments. When the global financial crisis broke out in 2007, the IMF turned its attention to northern Europe. Since the onset of the Euro crisis in 2009, its primary focus has shifted to southern Europe.

Officially, the IMF’s main task consists in stabilizing the global financial system and helping out troubled countries in times of…

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Venezuelans Face Rising Threat Of War.

by Jerry Alatalo

omeone famously (and accurately) described the February 2014 U.S.-planned coup in Ukraine, – which overthrew the democratically elected government of Victor Yanukovich and led to civil war – as the most obvious, blatant coup in world history.

People might remember the January 2019 U.S.-planned coup attempt in Venezuela as even more obvious.

In 2014 and Ukraine, the Obama/Clinton State Department and Victoria Nuland appointed the new president “Yats”, Arseniy Yatsenyuk, who shortly afterwards resigned and was replaced by Petro Poroshenko. Ms. Nuland, infamous for her “F@%k the EU!” and “Yats is the guy” unforgettable assertions – caught on an intercepted phone call which quickly went viral on the internet, spoke in front of a group of corporate energy bigs and noted the expenditure of $5,000,000,000 in U.S. taxpayer monies for Ukraine.

In 2019, U.S. Vice President Mike Pence named Juan Guaido the new president of Venezuela, Guaido swearing himself into office, and thus sharing with “Yats” the distinct achievement of appointment as leader of a government overthrown via illegal coup by the big boys from Washington, D.C.. Ukraine is, as the phrase goes, a “done deal”; Venezuelans can hopefully avoid repeating what happened in Ukraine: deadly, unnecessary civil war.

As yet, no Trump administration official has, like Ms. Nuland had done, shared the number of billions in taxpayers’ dollars spent on the effort to overthrow democratically elected President Nicolas Maduro of Venezuela, – however, one might estimate much more than $5 billion, given Venezuela possesses the largest oil reserves on planet Earth.

Whatever the number of $billions, John Bolton seems confident in the investment. He went on Fox News business media casually talking about U.S. oil corporations taking over Venezuela’s oil production, as if it were already a “done deal”.

Similarly, U.S. Secretary of State Mike Pompeo is referring to Venezuela’s elected top politician as “former President Maduro”, as if the over six million people who voted for him and lifted him into the highest office (for the second time) no longer exist.

That Venezuela has stopped taking $ as payment and has influence in the Organization of Petroleum Exporting Countries (OPEC), and considering the possibility that OPEC nations could accelerate the trend of decreased use of U.S. dollars for oil purchases, people might get a better sense of why Donald Trump and his administration are so anxious to place Juan Guaido in the Venezuela big chair.

OPEC consists of Algeria, Angola, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Republic of the Congo, Saudi Arabia, United Arab Emirates and Venezuela. Unfortunately for Americans, their governments have, – especially since the false flag of September 11, 2001 and intended over-17-year fraudulent “war of terror” – alienated much of the rest of the world, and severely tarnished America’s reputation, through implementing massively deadly war as the means of increasing business markets share and profits.

Like the alcohol-addicted men in small towns whose propensity for needlessly beating up others leads to their having to relocate … with reputation burnt up in the Middle East-North Africa region, Venezuela became the easily-predicted obvious next target for the Trump administration.

The people of Venezuela face the very real possibility of experiencing what the people of Afghanistan, Iraq, Libya, Syria, Ukraine and Yemen have become forced to endure since 9/11: the completely unnecessary nightmare of horrific war, violence, displacement, injury and destruction.

The sad part of the story is that 9/11 and all the human-tragedy, bogus “terrorist” wars of choice never needed to happen. Nations and corporations doing fair trade for reasonable profits while willing to follow international law and embracing non-intervention philosophy? …

Perhaps the United States of America can begin repairing with sincerity the self-inflicted damage to its global reputation. Perhaps not, but one thing is for certain.

The good people of Venezuela would greatly appreciate such a path in these days and nights of their overwhelming worry.

Peace.

(Thank you to The Real News Network at YouTube)

New Film “The Spider’s Web” Exposes Greed-Fueled Corruption Of Global Elites.

by Jerry Alatalo

Producers Of “The Spider’s Web: Britain’s Second Empire” Show The Way.

A film by Michael Oswald – One hour, 18 minutes

he British Empire transformed from a colonial power to a financial power. The global secrecy for the world’s elites began in earnest during the 1960s in the British offshore colony of Cayman Islands, one of many smaller remaining British colonies to eventually host tax-evasion “sweet-spots” for global elites.

The people choosing to hide their money, profits and assets are figures well-known and well-heeled in realms political, business, entertainment, sports, mafia/criminal, etc., for the direct purpose of evading paying their fair share of taxes, as most everyday citizens do. Bank of Credit and Commerce International (BCCI) serves as one of the prime historical examples of the fraudulent, criminal, war-making, negative consequential outgrowths of the bank secrecy historical phenomenon.

Trusts as perhaps the major “tool of all tools” for those various elites become discussed during the documentary, while illustrating potentially $50 trillions of dollars in trust assets moved to tax haven jurisdictions, effectively an impenetrable structure for tax officials in nations where the assets originated, due to engineered, intentionally highly complex schemes devised by management and employees at the world’s most powerful accounting, banking and legal companies.

Politicians like former British Prime Minister David Cameron, whose own father hid wealth in tax havens, tell the people of their nations one thing – “We must end tax evasion by establishing 100% transparency” – while in reality no actions are ever subsequently taken to alter or resolve the problem of tax evasion.

This describes a perfect example of individuals “speaking with forked tongue”, illustrated shortly after a major 2013 leak of British Virgin Islands (BVI) banking records received worldwide media coverage, where David Cameron and U.S. President Barack Obama practiced their coordinated, feigned “forked tongues” public outrage charade.

After their public relations joint press event in response to the BVI scandal, neither Cameron nor Obama acted in any substantial ways to diminish or end tax evasion. In other words, five years ago in 2013, Cameron and Obama lied through their teeth. The same goes for the later Panama Papers release, among other revelations.

Men and women who speak out on the $trillion per year global tax evasion industry most often are on the receiving end of harsh retribution, – evolved in manners which are very subtle, but nonetheless, thus far, effective in smashing down the voices of those willing to fight against historic-level corruption fueled by sheer greed.

Like men and women who speak out strongly against other major historically important lies such as the 9/11 deception, the Bill Browder-Magnitsky Act scandal, false flag chemical weapons operations in Syria, etc., taking on the world’s most wealthy and powerful with regard to tax havens is difficult because of complexity surrounding the issue(s) and less-than-ideal public awareness, and so extremely challenging.

Speaking of the 9/11 deception, clearly the most important scandal of the 21st century … after 17 years the men and women of the Lawyers’ Committee for 9/11 Inquiry have initiated a guaranteed legal path toward uncovering the harsh truth.

Despite Bill Browder and his legal team’s efforts to suppress the truth … found in Andrei Nekrasov’s  brilliant film “The Magnitsky Act: Behind the Scenes”, Alex Krainer’s book “Grand Deception: The Bill Browder Hoax”, and Browder’s shell company records in Cyprus sought by Russian tax officials, the Browder-Magnitsky scandal – a close 2nd behind 9/11 on the list of important stories of the 21st century – is rapidly coming into the awareness of more and more people the world over.

The obstacles to total public awareness of secret, dangerous, harmful actions carried out by the handful comprising the world’s elites for decades are certainly not insurmountable.

The morally-motivated people behind production of “The Spider’s Web: Britain’s Second Empire”, along with men and women working to expose related major historical events and criminal phenomena, are taking concrete, positive action – and leading the way.

***

For more information, please visit the Tax Justice Network.

 (Thank you to Independent POV at YouTube)

“Grand Deception” Book Review

“Krainer makes it clear that the Browder operation was not masterminded by Browder and Safra, writing that while Safra was a ‘key middle man’ in bringing in U.S. dollars to buy up Russia’s wealth, ‘the masterminds of the operation were individuals in the very top echelons of power at the Federal Reserve and the U.S. Treasury Department.’”

The immensity of the William Browder-Magnitsky Act scandal ranks it, arguably, – given today’s unprecedented, precarious, rapidly-evolving state of international relations – the most important story of the 21st century.

The Naked Hedgie

Positive reviews are one of the most gratifying rewards in publishing a book, but reviews that are as thoughtful and generous as the one I’ve recently received from Harley Schlanger is a rare thing. More rare still is a review that actually adds depth and perspective to the subject matter and is a worthwhile read in itself. Here goes:

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