(Untitled)

[tinkerbelltiger]

URGENT ACTION ALERT:
TELL THE SENATE: "NO BLANK CHECK FOR THE INTERNATIONAL MONETARY FUND!"

At the G-20 Summit in London in April, the U.S. committed to provide $100 billion in new resources to the International Monetary Fund (IMF) to respond to the global recession. Given the IMF's dubious track record in supporting poor countries to achieve

Comments

[boblovesmusic]

I'll do this when I get home! I promise!

[larisselillie]

What is the IMF?

[tinkerbelltiger]

The IMF is the international monetary fund. They give loans to countries, often poor and middle income countries.. COngress/Prez Obama want to give money to poor countries to help them deal with the financial crisis. However giving the money to the IMF means that the imf will loan the countries money with many conditions, most of which are harmful. Things like forcing countries to drastically cut their healthcare budgets, and education budgets. And we're talking in countries taht are so poor they already can't afford public school or a functioning healthcare system. The imf doesn't critically evaluate its policies for each country, it just pushes forth the policy..If counries don't agreee they punish them economically. FOr example, the IMF thinks countries should only be allowed to import a certain amount of grain, Malawi broke this because they had a famine. The IMF punished Malawi for importing grain during a famine. Crazy but true THis is a really rare chance to reform these policies which hurt millions of people everyday

[tinkerbelltiger]

THANK YOU.

make chris do it too!