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Sun May 15, 2016, 02:53 PM

 

Do you think Bernie and/or Hillary should come out against the International Monetary Fund?

The IMF has long been involved in different nations and their fiscal matters. These nations are often the under-developed nations that rely on support abroad because of the lack of resources they have. Often times, banks set up hideous schemes that back-log nations into significant debt. The IMF comes in and decides that in order to "help" these nations out, they must cut their domestic spending. That spending cut affects hospitals, schools, and dramatically increases poverty and income inequality.

The IMF also forces nations to move towards an export-import system where locally distributed food/crops now have to be exported to, often times, wealthier nations and they often don't allow for those exporting nation to have any significant tariffs as imports move in their nation. That creates the possibility of increasing trade deficits which degrade world index values for these nations.

The IMF institutes 'user-fees'. These fees affect families, especially women, as costs of education and healthcare sky-rocket. As income gaps widen, families are left deciding which bill they should pay and which service should they sacrifice. Undernourishment rates also increase as the vast majority of people are left with a limited amount of options for their basic needs.

The IMF also ignores our environment. Because they promote nations exporting resources, our forests have been decimated and underground resources like oil or coal have also been overly-exploited.

In the meantime, the IMF also ensures that when multi-national corporations(MNCs) are in trouble, they will get bailed-out in one way or another. They're outdated and incompetent belief is that they can receive the most accumulated wealth and invest that capital into the under-developed nations. Instead, these MNCs focus more on driving their profits to higher levels and storing that wealth in offshore accounts or taking advantage of other nation's anti-labour policies.

It is long past due that we come out in stark opposition to the IMF and their policies of imperialist destruction. And I hope that either Bernie and/or Hillary oppose these policies as well.

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Reply Do you think Bernie and/or Hillary should come out against the International Monetary Fund? (Original post)
RepubliCON-Watch May 2016 OP
BillZBubb May 2016 #1
djean111 May 2016 #2
Jester Messiah May 2016 #3

Response to RepubliCON-Watch (Original post)

Sun May 15, 2016, 02:56 PM

1. The US should never have been a party to it.

So, yes, the Democratic leaders should be against it.

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Response to RepubliCON-Watch (Original post)

Sun May 15, 2016, 02:56 PM

2. Hillary coming out FOR or AGAINST anything at all is meaningless.

 

Thank you for all the information in your OP!

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Response to RepubliCON-Watch (Original post)

Sun May 15, 2016, 02:58 PM

3. Hillary coming out against the IMF?

 

That would be like a fish coming out against water.

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