IMF reaches agreement with Jamaica

Apr 8, 2013 Full story: The Miami Herald 57

The International Monetary Fund announced Monday that debt-swamped Jamaica could receive up to $958 million in a four-year loan package to stabilize the Caribbean country's limping economy.

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romp_cherry

Scarborough, Canada

#1 Apr 8, 2013
I'll have to read it .. should be good lol.
Enlightened

New York, NY

#2 Apr 8, 2013
In the Miami Herald? Florida IS, JA's second home so I guess it's news there.....
Blacktigershark

Edmonton, Canada

#4 Apr 10, 2013
Enlightened wrote:
In the Miami Herald? Florida IS, JA's second home so I guess it's news there.....
Especially since it seems as if the IMF is talking about giving Jamaica another 200 million more than what they were previously were going to give Jamaica...

Hmmmmm!
Enlightened

New York, NY

#5 Apr 10, 2013
The deal will ruin JA. It's sad, really.......

http://jamaica-gleaner.com/gleaner/20130303/f...
Blacktigershark

Edmonton, Canada

#6 Apr 10, 2013
Enlightened wrote:
The deal will ruin JA. It's sad, really.......
http://jamaica-gleaner.com/gleaner/20130303/f...
The alternative would be to get Jamaicans to work as hard as many British people are doing, in light of living in the U.K.'taxhole', and helping to boost the GNP, so that they can draw down on how much of their GDP is allocated towards their debts...

If that could turn out to be a solution, and Jamaicans were dedicated to paying their fair share of taxes, well, then I'm sure that the Jamaican government would take up that alternative to the IMF...it was contemplated, however, look at how many tax dodging Jamaicans have run Jamaica into financial ruin?

This is compounded with the rampant corruption with government officials in Jamaica, and too much being spent on government officials, that don't get their jobs done, Enlightened...so, what can one suggest to an alternative to the IMF, Enlightened???
Enlightened

New York, NY

#7 Apr 10, 2013
Jamaica needs a revolution. Kinda like Egypt etc.
Blacktigershark

Edmonton, Canada

#8 Apr 10, 2013
Enlightened wrote:
Jamaica needs a revolution. Kinda like Egypt etc.
Wouldn't work for Jamaica...Jamaica already destroyed their economic atmosphere!

The only 'revolution' that would work, would be for the people to demand for a smaller and more accountable government body, while 'revolting' against the norm, by WORKING themselves out of the debt that they got themselves in!

This means that there would be more people on the sea fishing. There would be more people farming. There would be LESS imports. There would be more factories! There would be massive infrastructure improvements. So many things that Jamaicans SHOULD be doing, that they are NOT doing right now!!!
Anonymous

Lawton, OK

#9 Apr 14, 2013
Blacktigershark wrote:
<quoted text>
Wouldn't work for Jamaica...Jamaica already destroyed their economic atmosphere!
The only 'revolution' that would work, would be for the people to demand for a smaller and more accountable government body, while 'revolting' against the norm, by WORKING themselves out of the debt that they got themselves in!
This means that there would be more people on the sea fishing. There would be more people farming. There would be LESS imports. There would be more factories! There would be massive infrastructure improvements. So many things that Jamaicans SHOULD be doing, that they are NOT doing right now!!!
hmm.. I also believe there r government 'moles' within the JA government that r there just to make sure true progress dont occur. That goes across both the jlp and pnp of today. For the last thirty years sitting with their thumb up their butt, and there is a slowly but surely, decline each year 4 the last 30 yrs. The berden of the IMF did what it was set out 2 do in the beginning set austerity guidelines to stifle social programs, infrastructure, and put a limit on self investment...
Anonymous

Lawton, OK

#10 Apr 14, 2013
I have plenty of ideas on how JA could go back on the rite path, within the current state.. But if there r moles in the government that pleads Alligence to Foriegn entities and self interest, the simplest solutions will never come to fruitation
Blacktigershark

Edmonton, Canada

#11 Apr 14, 2013
Massa G wrote:
I have plenty of ideas on how JA could go back on the rite path, within the current state.. But if there r moles in the government that pleads Alligence to Foriegn entities and self interest, the simplest solutions will never come to fruitation
There are ways to get around and finding out who the moles are, Massa G...You did see how the McCarthy trials in America supposedly rooted out the communist elements in America, right?

:D

All we would have to do is do the same thing in order to find out who the foreign sympathizers are, that want to sell out Jamaica and its people to America, Britain and other foreign nations, right Massa G? LOL!
Anonymous

Lawton, OK

#12 Apr 14, 2013
Blacktigershark wrote:
<quoted text>
There are ways to get around and finding out who the moles are, Massa G...You did see how the McCarthy trials in America supposedly rooted out the communist elements in America, right?
:D
All we would have to do is do the same thing in order to find out who the foreign sympathizers are, that want to sell out Jamaica and its people to America, Britain and other foreign nations, right Massa G? LOL!
Lol it never ever worked with seaga, many J'cans believe he is superb politician specially in tivoli gardens. I like britians modern foriegn policy btw
Blacktigershark

Edmonton, Canada

#13 Apr 15, 2013
Massa G wrote:
<quoted text> Lol it never ever worked with seaga, many J'cans believe he is superb politician specially in tivoli gardens. I like britians modern foriegn policy btw
Which British foreign policy do you favour? The British foreign policy that upheld the apartheid government in South Africa? The British foreign policy that compels Jamaica to take Britain's goods, without charging taxes on it? The British foreign policy that has places APD taxes on Caribbean countries, that are double the APD taxes on North American countries? The British foreign policy that fails to acknowledge the faults of history's past, in regards to slavery and the acquisition of land by way of slavery, imperialism and colonialism, while continuing to live off the spoils of slavery, imperialism and colonialism (you do know that there are still large swaths of prime land in Jamaica, that belong to descendants of British lords and slaveowners, right?)? The British foreign policy that ignored Rwanda, South Africa, Darfur (Sudan), Liberia, Sierra Leone, Ghana, Ivory Coast and Haiti (for some examples), though were quick to impose in Iraq, Afghanistan, and Libya (to kill Gaddafi, so that Gaddafi couldn't save poor nations from the crippling grip of the IMF and imperialist entities like Britain)?

I honestly want to know what foreign policy of Britain's that you find favourable, Massa G? I'm actually really curious, as there may be policies that would be good, that you will tell me about, while we can cut out the bad ones that Britain often engages itself in!
Anonymous

Longview, TX

#14 Apr 15, 2013
Blacktigershark wrote:
<quoted text>
Which British foreign policy do you favour? The British foreign policy that upheld the apartheid government in South Africa? The British foreign policy that compels Jamaica to take Britain's goods, without charging taxes on it? The British foreign policy that has places APD taxes on Caribbean countries, that are double the APD taxes on North American countries? The British foreign policy that fails to acknowledge the faults of history's past, in regards to slavery and the acquisition of land by way of slavery, imperialism and colonialism, while continuing to live off the spoils of slavery, imperialism and colonialism (you do know that there are still large swaths of prime land in Jamaica, that belong to descendants of British lords and slaveowners, right?)? The British foreign policy that ignored Rwanda, South Africa, Darfur (Sudan), Liberia, Sierra Leone, Ghana, Ivory Coast and Haiti (for some examples), though were quick to impose in Iraq, Afghanistan, and Libya (to kill Gaddafi, so that Gaddafi couldn't save poor nations from the crippling grip of the IMF and imperialist entities like Britain)?
I honestly want to know what foreign policy of Britain's that you find favourable, Massa G? I'm actually really curious, as there may be policies that would be good, that you will tell me about, while we can cut out the bad ones that Britain often engages itself in!
Actually the brits opposed aparthied, and was heavy apart of the worldwide embrago against south africa to change there ways, it was the dutch descended Afrikaaners that were the heavy aparthiders. The Brits also realized the wrongs of slavery, after copying the spainards, and abolished slavery much much earlier then the US
Blacktigershark

Edmonton, Canada

#15 Apr 15, 2013
Massa G wrote:
Actually the brits opposed aparthied, and was heavy apart of the worldwide embrago against south africa to change there ways, it was the dutch descended Afrikaaners that were the heavy aparthiders. The Brits also realized the wrongs of slavery, after copying the spainards, and abolished slavery much much earlier then the US
Britain didn't invoke FULL sanctions against apartheid South Africa, and Britain never established embargoes against South Africa, and because of that, millions of Black Africans died because of it. Margaret Thatcher also called the ANC a criminal organization of terrorists and guerillas, that she likened the ANC to the IRA! It is statements like those that Margaret Thatcher made, that managed to keep people like Nelson Mandela in prison for 27 years, and had other Black political activists killed in South Africa and neighbouring countries, Massa G!

Britain also didn't lobby for the support of America, France and other NATO allies, or the UN, to gather troops to go into South Africa to stop the genocide against Black Africans and to rout out the apartheid Dutch government through an armed rebellion, and Britain failed to prosecute White criminals that were attempting to smuggle arms to the apartheid government, so that they could kill off more Black Africans, Massa G! Britain sure rallied allies to go into Iraq though...you getting the hypocrisy now, Massa G??? You do know that Britain is part of the UN Security Council, and in situations of genocide, they are compelled to act on the matter, in order to stop the genocide from continuing? Do you think that Britain did what was necessary to prevent the genocide in South Africa and neighbouring countries during the apartheid regime? You'd have to be an apartheid sympathizer if you say that Britain did what was necessary to stop an ongoing genocide of Black Africans in South Africa, that lasted 46 YEARS Massa G!

http://www.guardian.co.uk/politics/2013/apr/0...

http://en.wikipedia.org/wiki/Apartheid_in_Sou...

http://en.wikipedia.org/wiki/Premiership_of_M...

https://wikispooks.com/wiki/Coventry_Four

Basically, Britain didn't care about Black Africans, as long as Britain could continue to pillage the vast riches of South Africa, in the form of diamonds and other resources, through lucrative trade agreements with South Africa. Had Britain stood up against South Africa SOONER, and organized troops along the border countries of South Africa to protect those countries, and to lead a guerrilla coup against the apartheid government, rather than supporting the apartheid government, and labelling the ANC a terrorist organization, while the support that Britain gave South Africa, of which Britain may have thought was going towards productive means for all South African people, but was clearly going to furthering suppressing and killing Black Africans, as the apartheid South African government was taking Britain's support through trade and support to further empower their own regime, and their paramilitary groups that went into other African nations that killed Black Africans in those nations!

Now, if Britain was a staunch opponent of apartheid, then why did apartheid continue on for 42 plus years, Massa G? If Britain was totally opposed to slavery, then why such a slow reaction to apartheid, which only saw them take action when it was evident that apartheid was going to crumble, and why hasn't Britain ordered slaveowners to cede their lands to the nations where Britain had colonized, while striking debts from these colonies that they exploited for resources, while further compensating the descendants of slave colonies with reparation monies/trade credit favours?

Britain's support of apartheid South Africa also gave way of support of America's segregationist regime in the 60's! Britain is not to be looked upon as one to mimic where it comes to foreign policy!
Blacktigershark

Edmonton, Canada

#16 Apr 17, 2013
This may give you better perspective of whom Britain looks out for, when it comes to their most 'beneficial interests', Massa G...

http://www.jamaicaobserver.com/columns/The-ca...

The truth hurts sometimes...
Anonymous

United States

#17 Apr 17, 2013
Blacktigershark wrote:
This may give you better perspective of whom Britain looks out for, when it comes to their most 'beneficial interests', Massa G...
http://www.jamaicaobserver.com/columns/The-ca...
The truth hurts sometimes...
barbados, trinidad, Grenada, antigua, and the other former brit carribean r in good shape, the brits r fair. Jamaica was good until the arrival of the IMF and the CIA. The truth doesn't hurt me.
Blacktigershark

Edmonton, Canada

#18 Apr 17, 2013
Massa G wrote:
<quoted text> barbados, trinidad, Grenada, antigua, and the other former brit carribean r in good shape, the brits r fair. Jamaica was good until the arrival of the IMF and the CIA. The truth doesn't hurt me.
Britain has NEVER been fair. Imperialism and colonialism don't allow for fairness to exist in its practices! Don't know where you are getting this idea, and other former British colonies are either in better shape because they have found and extracted valuable resources (like oil and gas in Trinidad and Tobago...something that isn't being done in Jamaica, because of too much red tape and political partisanship!), or they are cash stash havens. To be honest, I believe the only former British colonies in the Caribbean that are doing alright is Barbados and Bahamas (Americanized, and still with its problems with drugs).

THAT'S the truth! Just look at what other former British colonies in the Caribbean are faring, and I'm sure that you will see that i'm telling you the truth!
Anonymous

Longview, TX

#19 Apr 18, 2013
Blacktigershark wrote:
<quoted text>
Britain has NEVER been fair. Imperialism and colonialism don't allow for fairness to exist in its practices! Don't know where you are getting this idea, and other former British colonies are either in better shape because they have found and extracted valuable resources (like oil and gas in Trinidad and Tobago...something that isn't being done in Jamaica, because of too much red tape and political partisanship!), or they are cash stash havens. To be honest, I believe the only former British colonies in the Caribbean that are doing alright is Barbados and Bahamas (Americanized, and still with its problems with drugs).
THAT'S the truth! Just look at what other former British colonies in the Caribbean are faring, and I'm sure that you will see that i'm telling you the truth!
Barbados, Antigua, grenada,.. etc dontt have any notable resources yet they r fairing pritty well, amongest the highest per capita n gnp for size in the americas
romp_cherry

Scarborough, Canada

#20 Apr 18, 2013
Then I don't understand why JA does not utilize their resources and put some people to work. Look at the size of the island compared to the others?
Let's see how this IMF money is spent this time. Most of the people running that country are "white" Jamaicans, so 'tis Babylon system, like here anway.
My simple response, sorry.
Blacktigershark

Edmonton, Canada

#21 Apr 18, 2013
Massa G wrote:
Barbados, Antigua, grenada,.. etc dontt have any notable resources yet they r fairing pritty well, amongest the highest per capita n gnp for size in the americas
Again, as I have previously said, either these countries are cash tax havens, or they got resources, Massa G. Oh...I should have also said that some of these former British colonies have worldwide regulated online gambling to bring in revenue to their countries (like Antigua), and there are other countries that are running on borrowed monies (from either China or Taiwan!).

The only two former British commonwealth countries to have made it, without having to completely exploit their resources, or having to turn their nation into a cash tax haven, does not have to rely on regulated worldwide gambling sites to raise monies for their countries (on top of tourism), and have no large outstanding debts to other countries like China or Taiwan, would be Barbados and Bermuda.

All the other former British colonies have resorted to one of these four above mentioned things, Massa G, and many of them have taken up at least two of the above! This, on the surface, may look like these former British colonies are successful, but after you dig deeper, you realize that these countries are really not doing that well, and that they are being exploited yet again, because they are selling their goods and services for way cheaper than what it is valued on the world market, in order to stay afloat.

And guess who is the PRIME beneficiary of these countries having to sell off their goods and services off for cheaper amounts, so as that they are able to survive in an imperialist/capitalist society (of which communist countries and socialist-communist countries are not really affected by)? If your answer isn't BRITAIN, then you really need to go back and do your homework, man!

That's not what one should call 'fair play', Massa G...just want you to consider that, after slavery was abolished...so tell me, Massa G...what were former slaves given when slavery was abolished? If they weren't given any land (which they were not given), you leave these former slaves in an even more destitute situation, Massa G, as EVERYBODY NEEDS shelter AND food!

Britain robbed former slaves of this, and to this day has STILL not made good on giving back former slaves and their descendants a home and a plot of land to farm (even if it is communal land), though, in places like Jamaica, for example, there are 'Crown Lands', and there are other lands that were allocated to former slave owners. Britain also kept the spoils of slave labour, as well as taxed their own subjects (remember, after slavery, the people of Jamaica were also British subjects!) in order to pay off the loans that Britain took in order to pay off former slave owners, of whom also got compensated with land! So in the end, Britain made former slaves and their descendants pay their former slaveowners with land and their own hard earned money, Massa G...yet I suppose you are going to tell me that that was 'fair' of Britain to do, especially since Britain still reaped the resources of their colonies, and Britain also took a chunk of the money that was coming into them, for the monies they allocated to former slave owners, for the compensation of abolishing slavery, while still allowing them to keep the lands that they had previously had slaves working on for them, which actually had these slave owners recruit cheap labour from former slaves, in order to keep production active, while getting most of the spoils from the work done by former slaves, and seeing these former slaves stuck in almost the same situation they were in BEFORE slavery was abolished by Britain, right Massa G?

Yet maybe you will say that these former slaves got a shilling a month, and that there was legislation stating that they could not be whipped (so we are to assume they weren't whipped afterwards, right Massa G?), so it's all good...yeah right!

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