Colonization in the 21st Century

A new way is emerging for banksters (the international variety in this case) to use debt as a weapon, even if it's low-class debt they purchased for pennies on the dollar. Portside Moderator, one of my new favorite sources of news and opinion, has this article about Argentina's bold defiance of the vulture capitalists trying to liquidate their country.

IMF "medicine" proven to be nearly fatal to emerging economies

You must read this article, Poisoned Chalice, by George Monbiot. It is an excellent explanation of what the IMF does, why it does it, and what happens to poor and emerging economies, depending on whether or not they accept the bad medicine spooned out by the IMF.