"When bad men combine, the good must associate; else they will fall one by one, an unpitied sacrifice in a contemptible struggle." ~ 
Any world is an illusion, but within illusion, another world, a better world, seems possible. In the material world, the one we think is real, the divide between the 'left' and 'right' is an artificial one. This divide serves to keep us separate from each other and prevents us from seeing clearly that we in fact have shared interests and a common enemy. A better way to approach economy, politics, culture and society would be to take note of the ways in which our societies are divided horizontally: the interests of the few (the elite) and the many (ordinary people). The elite wants to oppress and exploit the rest of us. In a material sense, they are our enemy. They are working to establish a One World Company, aka a totalitarian New World Order. World government is the last thing ordinary people need. We need free and open communities with equal rights for everyone and a profound respect for the many differences between us. We want freedom rather than security. We want peace, not war. Above all else, we want truth, dignity and justice. ~ The Editor
XML FeedsLiberia Ordered to Pay $20 Million to Vultures
Haley Dillan
In 1978, the poor West African country of Liberia borrowed $6 million from a New York bank. The Liberian government promised to use the money to buy and develop an oil refinery, and to pay the money back in seven years. Today it's not clear if either of those things ever happened.
Two years after the loan, the Liberian government was overthrown in a coup, which later led to a 14-year civil war. Meanwhile, the loan was bought and sold several times, according to allAfrica.com.
But now two investment funds say they hold the note and are entitled to $20 million from the current government of Liberia — a claim upheld by a London court. Today Liberia is led by a democratic government whose president is working with the IMF and World Bank to settle old debts. The Guardian says Liberia struck deals with most of its private-sector creditors, but these two funds are refusing to settle, demanding full payment through the courts.
A representative for the Jubilee Debt Campaign, a coalition fighting for debt relief for the world's poorest countries, accuses funds like these of "profiting from poverty."
As Al-Jazeera's Barbara Serra reports:
So-called vulture funds have been condemned by several governments for preying on the world's poorest states. They buy up the debt of near-bankrupt nations at a cheap price from financial institutions. They then sue those nations in international courts for the full value of the debt, plus steep levels of interest and penalty charges. Every year, developed countries spend billions of dollars to help pay off the debts of poorer nations, but vulture funds siphon off that money for themselves.
__________________________________________________________________________________
Source: http://www.globalenvision.org/2009/12/04/liberia-forced-pay-30-year-old-debt
Info: http://en.wikipedia.org/wiki/Liberia
