Anarchist Freedom
2nd April 2005, 08:18
IMF& World Bank Abolished! (http://www.infoshop.org/inews/article.php?story=20050401092323228)
Washington DC The international community was stunned today at the announcement, effective immediately, that the World Bank and IMF are to be abolished. The announcement came amid much turmoil between IMF and World Bank staff and the Group of Seven, or G-7 wealthiest nations. It appears that upon closer inspection of both the World Bank and IMF, staff could find no plausible
reason for either of the two to keep functioning. In recent months staff in many countries and at the World Bank and IMF headquarters in Washington DC had simply stopped coming to work. What started as a crisis of people power turned into a crisis of legitimacy when the executive board examined the staff reasons for leaving their posts said a senior Bank official We simply could not see a reason to continue operating.
Extra Extra! World Bank and IMF Abolish Themselves!
Washington DC The international community was stunned today at the announcement, effective immediately, that the World Bank and IMF are to be abolished. The announcement came amid much turmoil between IMF and World Bank staff and the Group of Seven, or G-7 wealthiest nations. It appears that upon closer inspection of both the World Bank and IMF, staff could find no plausible
reason for either of the two to keep functioning. In recent months staff in many countries and at the World Bank and IMF headquarters in Washington DC had simply stopped coming to work. What started as a crisis of people power turned into a crisis of legitimacy when the executive board examined the staff reasons for leaving their posts said a senior Bank official We simply could not see a reason to continue operating.
Extra Extra! World Bank and IMF Abolish Themselves!