jamaica patriotic movement

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IMF..MORE OF THE SAME AND WORSE.

The negotiation between our government and the technical IMF team has just concluded with an agreement to keep our country debt load extended and increasing with no end in sight. The international monetary fund is the lending arm of the capitalist country with the United States as the majority shareholder, thus the kingmaker. It is design to keep your economy tied to the western financial system. Any nation that dare defy this entity will be ostracize and deny loan and aid by any affiliated financial entity. The only country within the Caribbean to defy their wishes was the Cuban government and it is common knowledge what they were subjected to.
The fact is the debt was not a subject of negotiation, the interest on the debt was. The IMF set the perimeters of negotiation, our government, a product of our previous colonial masters and the protector of the private sector and United States interest at no time had our national interest at heart. They replicated the position of their tribal partners who initiated the JDX. The Government merely changes one of the letters and named theirs NDX. The government had to delay their strategies to meet the strict rules of the IMF before they met and to say less to the public. For those who are saying that the government compromises our sovereignty, we don't have a sovereign government, our policies are directed and influence by the United States Embassy. The revelation by our privately own newspaper reveal this with the articles on the bombing of the Tivoli Gardens enclave during the Dud us episode. A sovereign government has a foreign policy, where is ours. The last time we had one we were accused by the United States of being a tool of communism.
What will be the result of the IMF agreement? It is clear the cost of living will go up, the manufacturing sector will suffer, unemployment will increase, there will be more murders, more rape, increase in mental illnesses more closure of small businesses, more migration and homelessness. The beneficiary of this agreement will be the financial sector; the money from the IMF will go to pay their debts/bond. The previous finance minister in one of his speeches demanded that the IMF loan should be use to pay our creditors, Peter Phillips definitely took note. The partisan expert are saying that there is no alternative but there is an alternative, they wont consider it because they are all tied up with this moribund way of life and prefer to suck the blood of our people.

Jamaica Patriot

Writing about the realities faced by the oppressed people across the world
Category: The Patriot |

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The Jamaica Patriot Purpose

This is an attempt to create a revolutionary movement to arrest the social decline of our country and reverse foreign domination of our economic and political life through the co-operation of our two political parties.

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