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G8-debtrelease: the rips and rapes.

onix | 29.06.2005 20:24 | G8 2005 | Analysis | Globalisation | World

a summary of arguments to act up against this PR-stunt, that in fact is a swindle.

The subject of this article doesn't cover all the load, however it does reflect my feelings over this g8 pr stunt pretty well.

rip: The 'debt release' concerns unpayable debts.
rape: Western tax payers will now fatten the banks.

rip: These debts concern debt-on-debt structures that have often long been payed for.
rape: These poorest countrys are left with 60% of the debt-on debt,rent-on-rent, obligations intact.

rip: This uncashable money will now flow from the treasury not to development funds , but to banks.
rape: Poor countrys are still blackmailed into selling out remaining sectors and resources,game for multinationals and
underpayed labour..

rip: These debts are the result of a structure of corruption there and institutionalised resource robbing here.
rape: Social policies will suffer, and they try to make us belief they are good people through a mere swindle.

onix(with a little help from my friends)















onix


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