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NATO's Spurious Humanitarian Intervention: Post-Ghadhafi Libya

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David Model
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Most revealing of all is the blueprint that NATO has drawn up for post-Gadhafi Libya.   Prior to the war, Libya had no debts and was a creditor nation until NATO countries froze $150 billion in Libyan assets.   Ironically, after inflicting extensive damage on the Libyan infrastructure and freezing assets, the World Bank has offered to loan money to the NTC for reconstruction and development.   According to a World Bank press release on September 13, 2011: "The Bank has been asked to examine the need for repair and restoration of services in the water, energy and transport sectors and in cooperation with the International Monetary Fund, to support budget preparation and help the banking sector on its feet."

The IMF's austerity programs are infamous in their thinly veiled attempt to dictate terms to countries for the benefit of the major powers who control the IMF through their one-sided voting formula.   To quote George W. Bush: "mission accomplished".

       

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I have been a professor of political science at Seneca College in Toronto. I have published five books the last of which "Selling Out: Consuming Ourselves to Death" was released in May/08. As well, I have been featured in CounterPunch, Z (more...)
 
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