Return to IMF now more likely
PM cites heavy demand for FX
BY ALICIA DUNKLEY, Observer staff reporter dunkleya@jamaicaobserver.com
Wednesday, June 10, 2009
Prime Minister Bruce Golding yesterday indicated that his administration may well enter into negotiations with the International Monetary Fund (IMF) to prevent Jamaica’s Net International Reserves from buckling under the weight of demand for foreign exchange.
Why do they insist on lying so much?
It was obvious to everybody that when the budget was tabled that it clearly was with the intent to appease the IMF in order to get loans from them. Tax on salt, books etc.
Who else would want to take more of our money and keep us stupid, other than rich white men who relish every opportunity to trample on the progress of black people.
For more evidence look at the 1980’s when Eddie was a borrow money from IMF, remember the concessions Jamaica had to make.
Seaga Under Siege: http://multinationalmonitor.org/hyper/issues/1985/0531/steif.html
Ok, you read that above link? Good!
Now a couple months ago, outgoing minister in the Ministry of Finance, Senator Don Wehby, went to Washington to suckle at the teat of the IMF, but the guvament painted the trip as a fact finding one. Sure, the facts of what they had to do to get money would be detrimental to the guvament’s political future so of course it was labeled in the prettiest sounding words possible.
Now that they have spent the week on the campaign trail bashing the former PNP about the debt the former guvament incurred, they are now admitting they are going to borrow from the IMF again.
Another case of “see? see? see how DEM mash up the country? Pay no attention to our “minor” borrowing.
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The level of maturity in Jamaican politics is non existent.
They act like children. Some of the crap coming out of their mouth and the manner in which it is delivered like kids fighting over a toy.
They treat us like children. Not fully disclosing what they are doing, distracting us with noise about what others are doing and then push what they want in thru the backdoor.
We act like children. We lap it all up cheering when the eediats calling each other hypocrites or termites.
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Maturing Politically my ass!
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