Meljen S.

Doro-on BSHRM 3A

November 22, 2013 Economics

Economic Warfare: Philippines Offered $500 Million in Aid

Andrew V. Pontbriand Activist Post The World Bank is offering the Philippines $500 Million in the form of a loan. Benevolence or a chance to own more land, people, and resources? The recent Typhoon in the Philippines was one of the largest storms in recorded history, causing devastation unimaginable to the human mind. Some reports estimate as many as 10,000 dead or missing. The storm itself had sustained winds at 195+ MPH, and displaced and affected 9.8 million people, and 500,000 homes. The World Bank has offered to loan the devastated country $500 Million dollars in the form of a loan; but should the Philippines accept this offer? In recent history, it had been realized through first-hand accounts, common sense, and their own statistics and documents; that both the IMF and World Bank are not the benevolent entity seeking to provide monetary stability to countries that are impoverished, or have experienced devastation such as the Philippines. Here is a brief description of how the IMF and World Bank take over entire countries with the stroke of a pen: A country is underdeveloped, and is experiencing social anarchy, malnutrition, and economic ruin. The World Bank will come in and offer the country a huge loan, to build infrastructure, schools, power supplies, roads, and other means to a 1st world lifestyle or one similar. Of

course, the Government, or Dictator depending on who it is will usually take the loan, in the understanding they can easily profit fabulously from it. Here is the problem: As John Perkins Explains in his Book 'Confessions of An Economic Hit Man', both parties to the loan is well aware paying back the loans is impossible. The World Bank and IMF can then seize the land, resources, and install an American form of Corporate Control to profit the shareholders of the economic military elite. It is no secret that this happens all over the world, and has for some times. The question then becomes, should the Philippines take a short term bailout to jump start their countries heart? I say absolutely NOT. Bailouts from International Banks are not designed to help out, fix, or lend a hand in a humanitarian effort. International Banks seek to control all resources, land, economies, governments, and of course the people. Taking a loan from the World Bank is much like a heroin addict borrowing drugs from a drug dealer. The addict could never repay the loan, and his death, or servitude will come as the result of the default. In the wake of a storm with the magnitude of Typhoon Haiyan, it is important for people to come together and work towards rebuilding from the ashes. It is easier said than done of course, because when anybody is offered such a large sum of cold hard cash - human greed comes into play. However, repeating history will only continue the takeover of every square inch of this planet so please, Filipinos - Don't sleep in the devils playhouse!

Source: http://www.activistpost.com/2013/11/economic-warfare-philippines-offered.html

Reflection:

In the article, Economic Warfare: Philippines Offered $500 Million in Aid the World Bank is a usury organization, if it were not about exploiting the victims of disasters and misfortunes there would be no interest attached. We Filipinos could take the loan; Load them up with more unrepeatable debt and part of the global build new infrastructures and buildings. All of these funds are made up out of thin air. In the wake of a storm with the magnitude of Typhoon Haiyan, it is important for people to come together and work towards rebuilding from the ashes. It is easier said than done of course, because when anybody is offered such a large sum of cold hard cash - human greed comes into play or should I say money is everywhere and its a big opportunity for us to help not only the victims of the typhoon Haiyan but for the whole Philippines.