Go Back   Club Conspiracy Forums > General Conspiracy Discussion > Opinions
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read



Reply
 
Thread Tools Display Modes
  #1  
Old 04-12-2006, 05:00 AM
SeC SeC is offline
Senior Member
 
Join Date: Nov 2005
Posts: 2,251
Default Global Banking: The World Bank


Global Banking: The World Bank
Volume 6, Issue 2

Introduction

According to The World Bank, it is,

"a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 184 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but supportive role in our mission of global poverty reduction and the improvement of living standards. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes." 1

High-minded words like "our mission of global poverty reduction and the improvement of living standards" would lead the reader to believe that the World Bank is some benevolent and global welfare organization. Why is it then, that The World Bank joins the International Monetary Fund and the World Trade Organization as organizations that people around the world just love to hate?

In reality, the World Bank carries its weight, along with the International Monetary Fund and the Bank for International Settlements, to forcibly integrate minor countries of the world into its own brand of capitalistic democracy.

Continue to read:
http://www.augustreview.com/index.php?module=pagesetter&func=viewpub&tid=4&pid =11

Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
ISLAMIC BANKING: Banking Without Usury or Interest SeC Opinions 0 11-25-2006 01:18 PM
Former World Bank Chief Economist Predicts Global Crash SeC Opinions 0 10-31-2006 12:57 PM
IMF and World Bank Meeting In Singapore - Shortage Of Hookers And Coke Expected. truebeliever New World Order operatives 3 10-06-2006 12:05 PM
Global Banking: The Bank for International Settlements SeC Opinions 1 09-11-2006 11:12 AM
Global Banking: The International Monetary Fund SeC Opinions 0 04-12-2006 05:08 AM


All times are GMT -6. The time now is 12:29 PM.

Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.