The Ultimate Step of the Free Market:
Dollarization

   
Nipawin - Monday, December 10, 2001 - by: Mario deSantis
 
 

suicide

"Civilizations die from suicide, not by murder"

--Arnold Toynbee, 1852-1883
British Economic Historian and Social Reformer

 

 

every
day

I have read Timothy Shire's article "Some Day Thoughts" and I agree with his understanding that eventually one day we will be able to reverse this undemocratic Bushism as "the paths of glory lead but to the grave." However, we cannot allow ourselves to wait for ever for this freedom day to come, and as a consequence we must fully exercise our civil responsibilities every day beginning now before it is too late.

 

 

United
States
Colonization
of
Latin
America

It was sometime ago that I mentioned the 4 step program of the World Bank/IMF to pillage the developing countries. Tonight, as I learn that Argentina is pondering whether to dollarize its currency to get out from its financial problems caused by a staggering foreign debt of $132 billion I understand of an additional hidden step: the dollarization of any country outside the European Union as a measure to solve their international financial problems. Once you have dollarization in a country it is practically impossible to reverse its currency. Therefore, as many Latin American countries are gradually moving to dollarization I realize the kind of New World Order we could be heading as the Free Market is being pushed by the Bush Administration.

 

 

domination

The question I have is this, how can we ever get our freedom back once dollarization is complete? It is very scary to think of what is happening to our world as Uncle Sam is going to be 'uber Alles.' I have written few lines against the dollarization in Canada and in this regard Saskatoon resident Clifford Hennings writes in the StarPhoenix

not a
magic
wand

"Dollarization is not a magic wand that will cure Canada's ills. It's a ploy being used by the Americans to take us over and they are being helped by highly placed talking heads in our financial system."

 

 

up to us

We must not wait for new leaders to take back our freedom, we have to do it ourselves as citizens and now.

 

 
---------------References
  A Free Market Conspiracy? Joseph Stiglitz and the World Bank's four step program, by Mario deSantis, November 29, 2001
   
  Is the Argentine National Economy being destroyed by the Department of Economics of the University of Chicago? Charles A. S. Hall, Pablo Daniel Matossian, Claudio Ghersa, Jorge Calvo, Clara Olmedo, Received 3/31/2001
   
  Analysis: Argentina's woes explained, BBC News, December 3, 2001 http://news.bbc.co.uk/hi/english/business/newsid_1689000/1689554.stm
   
  A DOLLARIZATION BLUEPRINT FOR ARGENTINA, by Steve H. Hanke and Kurt Schuler http://www.cato.org/pubs/fpbriefs/fpb-052es.html
   
  Talk of dollarization smacks of treason, by Clifford Hennings, The StarPhoenix, Readers' Opinions, December 7, 2001
   
  Responding to Global Crises: Dollarization in Latin America, http://www.frbatlanta.org/publica/econ_south/1999/q2/es_v1n2_4.html
   
  LaRouche: Dollarization in Ecuador Means Slavery February 4, 2000 issue of Executive Intelligence Review http://www.larouchepub.com/lar/2000/2705_ecuador.html