Saturday, May 21, 2011

Libyan Investments In The Caribbean Threatened By US Lead Freeze On Assets

Suddenly the abstractions of what is happening half-way around the world is coming closer to home.



  • Why Are Black People Asked To Support Immigration Reform By Activists?  Because Blacks From Africa and the Caribbean are caught in the same "net" set for Mexicans and South/Central Americans
  • Why Are Black People Asked To Keep An Eye On The International Monetary Fund & The World Bank?  Because "The Diary Of An Economic Hit Man" broke the code on how Western Powers leverage the global finance network as a more effective means of destroying 'nations of color' - without ever having to fire one bullet.
I have invested a lot of time reading left wing magazines.  The only reason why I continue to subscribe to DirecTv is because of "Link TV" and "Democracy Now".  These leftwing sources of news afford me an understanding of the progressive point of view on various international issues.  

It goes without saying that the left wing reactions to present circumstance in regards to Libya AND the presence of Commander In Chief Barack Obama indeed are a major exception to their normal stance against asymmetric war.

Why were 8 Libyan War ships that were docked at the port destroyed?
ANSWER - Because they were a THREAT to HUMANITARIAN FOOD SHIPMENTS (we were told)

Why did the police shoot the unarmed Black man in the Bronx?
ANSWER - Because he made a threatening move  (as reported by the police)

Sadly the Activist Community who would be on the streets against the later deed listed above are SILENT as Libya's basic ability to defend itself as a sovereign nation is DESTROYED by 3 African Colonial Powers - and the Obama lead United States Military under the guise of NATO.

TO HELL WITH ANY BIRTH CERTIFICATE DEBATE OR TAUNTS ABOUT BEING BORN IN KENYA (He's Not One Of Us) made by Birthers and Tea Party Militias 

A far greater INDICTMENT should be had by those who I have heard in my entire life time talk about how AFRICA is at the center of their soul.  How they can articulate the SYSTEMATIC DESTRUCTION of Africa and the Black Diaspora - ECONOMICALLY, SOCIALLY AND SPIRITUALLY  - and yet they SIT SILENT about what is going on.

Why is it that RT (Russian Television) is asking about how the new president of Ivory Coast will fare as the masses know he turned to their former colonizer France to push the corrupt former leader out of office.  While the greater problem is the corruption of the system - the fact that this INDEPENDENT nation had to depend on the exploitative colonizer who they proudly pushed out decades ago does not sit well with  some.

Nations such a Portugal and Spain who great powerful based on their past colonial theft are now insolvent, never having developed sufficient organic production.   The indictment against COLONIALISM - however - appears to thrown out by "Afro-Centrists" ONLY when there is no greater force that they seek to protect - OBAMA.  Obama has the power to render their silence.


It is my firm belief that some Black people fail to see that their previous arguments in defense of the "Black Diaspora" in which economic investment into targeted nation need not go through the International Monetary Fund or other "Western Interests" has been shattered per their present silence about what is going on.

I have totally lost all respect for those who propagandized on behalf of NATO the justification for the bombing of Libya because:

  1. Gaddahfi planned a massacre of his own people
  2. Gaddahfi imported African mercenaries as defense forces
If we step back from these diversionary techniques we see that the NATO alliance has successfully:
  1. Bombed away the ability of the Libyan nation to defend itself militarily
  2. Used their International Financial domination to impound every dime of Libyan investments around the world.
In short - those of you who have "The Diary Of An Economic Hit Man" on your book shelf are COMPLICIT in a real time action as such against the sovereign nation of Libya.



KINGSTON, Jamaica, Monday April 18, 2011 (By Kathy Barrett) - Although located over 9,500 kilometres from the North African country of Libya, the turmoil there has not left the leaders of some small Caribbean nations unscathed.


Member states of the sub-regional Organisation of Eastern Caribbean States (OECS) have adopted their own lines of engagement with Libya, much to the concern of some opposition parties.


The main concern - what will become of Libyan investment projects in region?


"Whether we like it or not, we’re still very much dependent on oil from the Middle East and most of our economies are driven by that," said Prime Minister Baldwin Spencer of Antigua and Barbuda. "To the extent that there is instability and war and so on, it has an impact."


As leaders of the OECS member states anxiously await the outcome of several negotiated agreements with Libya - including the opening of a Libyan embassy in St. Lucia and a bank in St. Kitts - Spencer admitted that he is nervously watching developments in the North African country.


In the midst of the unrest in Libya, leaders in the region have found themselves caught between the proverbial ‘rock and a hard place’.


Many of St. Vincent and the Grenadines’ major development projects in recent years have benefited from Libyan funding. The opposition in St. Vincent and the Grenadines has criticised Prime Minister Ralph Gonsalves’ government for accepting what opposition leader Arnhim Eustace describes as "blood money".


Gonsalves defends his government’s receipt of the aid. According to the prime minister, the 250,000 dollars handed over to the Housing and Land Development Corporation (HLDC) by Libya’s ambassador to the OECS, Ammat Ali, in February are to aid with rebuilding the country after the damage wrought by Hurricane Tomas last year.


"You know, that is blood money! That is blood money!" declared Eustace during a rally held to whip up support for a protest march against two controversial bills that were being taken to parliament. "I want Ralph to tell the people of St. Vincent and the Grenadines… what is his position now about [Libyan leader Muammar] Gaddafi," said Eustace.


In nearby Dominica, Prime Minister Roosevelt Skerrit reiterated his government’s position that Dominica will not break ties with Libya because of the ongoing political turmoil.


"Why should we terminate relations with Libya," said Skerrit, who also questioned the opposition’s call for him to simply review his existing relationship with Tripoli.


The same stance has been taken by Prime Minister Stephenson King of St. Lucia, who said while his government is monitoring developments in Libya, they were not severing diplomatic relations.


St Lucia’s Foreign Minister Rufus Bousquet says the march to democracy in the Middle East and North Africa is likely to impact on investment projects in the OECS sub-region. "St. Lucia was right in the middle, among other countries in the OECS as a sub-regional grouping, and we were well on our way to establishing, certainly with Libya, an investment bank and investment fund both of which were funded to the tune of 100 million dollars from the Libyan Government," Bousquet says.


Grenada has also found itself in a similar position - that of anxiously awaiting financial aid.


Last year, the government of Grenada announced that it was expecting a grant of 1.9 million dollars from Libya for public works projects, in addition to expecting Libya to forgive a 6 million dollar debt.


The ties with Libya and OECS member states have been the source of controversy for years.


In 2001 some Caribbean leaders visited Libya in search of technical and monetary aid to help modernise their agricultural sectors. That visit was arranged because of a dip in aid from the United States and Britain.


Then Prime Minister of Trinidad and Tobago Basdeo Panday warned the trip might harm Caribbean relations with Washington and London. In the midst of the controversy surrounding the visit, the leaders of St. Kitts and Nevis and Antigua pulled out.


According to journalist Jerry George, who is based in St. Vincent and the Grenadines, the Caribbean’s relationship with Libya could best be described as opportunistic.


"So far no one has said a word in support of the peoples whose monies we have so eagerly accepted in the past. These monies are treated as if they come from the personal coffers of leader Gaddafi, and not the people on whom he has turned his guns," George stated.


Calvin G. Brown is a consultant on Caribbean Community (CARICOM) relations who notes that the position taken by the nations of the OECS in relation to Libya has very little, if any, to do with ideology.


"Rather, it has everything to do with economics. The United States of America as well as Britain are well aware that no amount of assistance from Libya can in any way harm the historically strong relations between the nations of the Caribbean and themselves," Brown said.


"CARICOM, while taking a principled position, also has to be pragmatic and keep a still tongue," Brown added.


As the unrest escalated in Libya, the CARICOM Heads of Government met in Grenada. However, the communiqué emanating from that meeting could not have been more non-committal - it called for peace in the Middle East and North Africa without mentioning Libya by name. (IPS)






Read more: http://www.caribbean360.com/index.php/news/353699.html#ixzz1N2TGITrW

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