A Quote by Edward S. Herman

The United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank aid to countries and their violations of human rights.
The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.
In almost every case (where the United States has fought wars) our overwhelming commitment to freedom, democracy and human rights has required us to support those regimes that would deny freedom, democracy and human rights to their own people.
One by one, these governments came undone, and were forced into IMF tutelage (and national illegitimacy) by the careening oil prices, the debt imbroglio, and falling terms of trade. The last of these governments to fall were the Communist regimes of eastern Europe, which have now gone the way of other Third World countries. The second in the cascade of bifurcations is thus symbolized by 1989.
The establishment can't admit [that] it is human rights violations that make ... countries attractive to business - so history has to be fudged, including denial of our support of regimes of terror and the practices that provide favorable climates of investment, and our destabilization of democracies that [don't] meet [the] standard of service to the transnational corporation.
The Muslim leaders swallow the advice of the Western powers and bodies like the IMF and World Bank, even when it is bad for their countries and they know this.
Paul Krugman, a professor at MIT and a consultant to the IMF, the World Bank, the United Nations, and the Trilateral Commission, is certainly a member of the establishment.
Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.
We do have some assistance from the World Bank but not from the IMF. We are not borrowing yet, but we are considering, in the future, borrowing from the Kuwait Fund to support our infrastructure development.
I do wish that the IMF and the World Bank would disappear soon.
The expansionary operations of the Second Bank of the United States, coupled with its laxity toward insisting on specie payment by the state banks, impelled a further inflationary expansion of state banks on top of the spectacular enlargement of the central bank. Thus, the number of incorporated state banks rose from 232 in 1816 to 338 in 1818.
The good Lord didn't see fit to put oil and gas only where there are democratic regimes friendly to the United States.
The IMF is a more complicated issue. I think there is a broad sentiment among both the left and the right that the IMF may be doing more harm than good. On the right, there's the view that it represents a form of corporate welfare that is counter to the IMF's own ideology of markets. But anybody who has watched government from the inside recognizes that governments need institutions, need ways to respond to crises. If the IMF weren't there, it would probably be reinvented. So the issue is fundamentally reform.
I've opposed black regimes and white regimes, leftist regimes and rightist regimes. I'm close to Aristide because I have respect for him, but all that is beside the point.
From 1945 to 2003, the United States attempted to overthrow more than 40 foreign governments, and to crush more than 30 populist-nationalist movements fighting against intolerable regimes. In the process, the US bombed some 25 countries, caused the end of life for several million people, and condemned many millions more to a life of agony and despair.
Osama bin Laden fervently hoped that attacking the United States would create pressure on American leaders to reduce their support for Middle Eastern regimes. Bin Laden believed that without that American support, the Arab regimes would collapse and would be replaced by Taliban-style rulers.
It is human nature that rules the world, not governments and regimes.
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