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PoliticsRe: Northerners Flee Anambra Over Fear Of Reprisal! by thoth: 10:42am On Jan 06, 2012
As long as the the southeast and southwest looks at Boko Haram as a Northern Hatched ploy AGAINST them, as long as The Northerners has fear for their lives while in the southeast and southwest, as long as Nigerian security service are bypassed and foreign ones having all the privileged, As long as those conditions and its psychological implications are sustained Nigeria is heading towards hell and the masses will suffer 30 times more.
Forget about Boko Haram, forget who is Hausa,Yoruba or Igbo, list those leaders from 1970 till date are the problem of Nigeria.
PoliticsRe: Jang: Only Haters Of Nigeria, Economic Recovery Oppose Subsidy Removal by thoth: 10:27am On Jan 06, 2012
khalids:
As usual people spewing nonsense, 50,000 Nigerians (Govt) telling 150,000,000 (NLC) that they don't have the interest of Nigeria at heart,
Why on a earth should Nigeria and any other nations that has internal corruption to fight and external imperialistic forces who have sworn never to see Africa develop have such a large government ?
PoliticsRe: Another Occupy Nigeria Protester Killed In Gasau, Zamfara? by thoth: 9:26am On Jan 06, 2012
Any Intelligent person looking back from history and contemporary events will know that in a scenario like Nigerian's staging a protest would backfire on the masses, especially in a situation where Nigerians themselves are not organized or the most organized along ethnic,religious or political lines. A more intelligent and efficient maneuver is what is needed in this scenario, i pray that those lost of those souls never to be in vain.
Nigerians should find who there real enemy truly is.
1: Identify your real enemy and it mode of operations(including collaborators)
2:Study the enemy and educate the masses.
3:Study the enemy and educate the masses.
4:Study the enemy and educate the masses.
5:With the knowledge and power of enlightened masses Nigeria's Unite.
6: The masses Address the issues of the nation and root out the enemies.
PoliticsRe: Another Bomb Hits Sapele …injures 7 by thoth: 8:03am On Dec 29, 2011
kulgee001:
Pull the viel off your faces, open your eyes Nigerians. Use your head and don't be shallow or narrow minded. Our country is under siege by forces far greater than what even Mohammed Yusuf (BH slain leader) wud imagine himself to have built.
Is it a coincidence that countries with oil wealth hardly see peace? Soon the Americans would fly in guns blazing wanting to squash another so-called "Islamist" sect affiliated with the dreaded Al-Qaeda. By then (God forbid) it'll be too late to realise what mess we let ourselves dragged into.
The Imperialist Western Powers would come in,thats the intent of the whole operation and full spectrum domination will be achieved in Nigeria.
Foreign AffairsRe: Snow And Tears Mark Funeral For North Korean Leader by thoth: 7:31am On Dec 29, 2011
Naledi14:
That was just my opinion guys but it is clear that most of you dont know the real politics of the world and not what you gather from propaganda machines like CNN, BBC, sky news etc and hollywood movies the greatest propaganda machine of our time. The politics of the world are much much deeper than what most of the people here on nairaland seem to understand.
With the majority of Nigerians uninformed and ignorant of how world politics,world economics works and characteristics of capitalist and imperialistic economies, they will have to suffer more,be killed more and live longer in misery before such things make sense to them.
Foreign AffairsRe: North Korean Leader Kim Jong II, 69, Has Died by thoth: 9:28am On Dec 20, 2011
Kim fought and fought well for his people, he did the best with the intelligence and resources that God gave him, may he rest in Perfect Peace.
PoliticsRe: We Will Kill All Muslims In Niger Delta-militant Group Warns by thoth: 11:16am On Dec 14, 2011
That is exactly the expected outcome of the Boko Haram Operations, Nigerians should wait and see, when the whole things escalates it will be sustained as long as possible probably more than 4 decades.
Christianity EtcRe: Latest Important Prophecy By Prophet TB Joshua- Part I by thoth: 10:34am On Dec 14, 2011
China and Russia would never fight for any country against NATO , they can station their troops to intimidate local masses and protect their interest but they will never go into pure confrontational war with the west on behalf of anybody, it is called real politiks and those two nations having a communist history in common shapes and guides their foreign policies. The West on the other hand is a different kind of snake.
PoliticsRe: 75 Nigerians From Libya Arrive In Maiduguri With Harrowing Tales by thoth: 5:33pm On Dec 11, 2011
justwise:
So Libyans did not fight Gaddafi? Who did? Please keep away your story about meeting Saif and all that because there is no way i can verify that.
You will understand who did in less than 4 years time because Nigerians would live it through and through.
PoliticsRe: 75 Nigerians From Libya Arrive In Maiduguri With Harrowing Tales by thoth: 5:17pm On Dec 11, 2011
justwise:
Why did his people fought against him from the beginning if he was that good?
Libyans never fought against Ghadaffi, they surpported him till they were overwhelmed. I was posted in Libya in 1998 and again in 2002 and both assigments gave me first hand experience of the Libyan administration. After a miscalculation which led to the arrest of i and 4 of my mates we finally came face to face with saif al islam himself and i will never forget the impression i got of him that night.
PoliticsRe: 75 Nigerians From Libya Arrive In Maiduguri With Harrowing Tales by thoth: 4:25pm On Dec 11, 2011
After all this many Nigerians still believed Ghadaffi was a bad leader,if only they had known what he has fought against for more than 40 years.
While Ghadaffi was there those brutes wouldn't dare touch a black guy unlawfully. They all pray in the mosque together,go to same schools,bathhouse and resturants together,the bigots among can only dream.
PoliticsRe: Fulani Herdsmen Kill Many In Benue Communities And Villages by thoth: 5:59pm On Dec 08, 2011
In this era we are still talking about herdsmen encroaching on peoples farmlands and destroying what they laboured so hard for, i can see people making comments as if the fulanis had the right to do whatever they want and go scot free. Ahmadu Bello said it in his speech and it lives on till this day. If nigeria does not hasten to settle and educate these people they will be used again as they were used in 1966.
PoliticsRe: States Begin Power Distribution In January - NERC by thoth: 7:50am On Dec 06, 2011
birdman:
If prices are set by FG, then this is is DOA. Its the same reason we dont have refining capacity - no investor wants govt. set prices
that is an unintelligent assumption. The FG should regulate all social institution. You should be scared that foreign companies would buy up all the licences and control your countrie's power sector. If not for the stupidity and incompetency of nigerian leaders we all know that no sane country should ever attempt privatization of any state facility because you will ultimately end up with a privatised government.
BusinessRe: Motorcycles (Okadas) Banned Nationally From December 31, 2011? by thoth: 3:38pm On Dec 03, 2011
People should be careful. All these policies are dictated to nigeria by the imperialist tools IMF/World Bank.
Devalue naira to cause inflation and increase poverty.
Privatise social amenities and raise prices out of middle class reach.
Privatise banks and sell to foreigners so the can control our economic policies.
Remove fuel subsidy to destroy the remaining manufacturing industries.
Destroy private initiatives and alternatives with policies like banning okada and more to come.
What they WANT YOU TO DO IS TO TRY A REVOLUTION. They have been holding drils and making accesment on how to hijack and secure THIER interest once it happens,that was since 1997!.
You are only being worked on psychologically.
PoliticsRe: Boko Haram An “emerging Threat” – Us Congress by thoth: 12:19pm On Dec 03, 2011
It does not matter where they built their base north,west or south,once there is a physical FOREIGN military presence in Nigeria and a reason to sustain the presence Nigeria would loose all soverignity and power. Your leaders would be choosen for you by the foreign nation down to local goverment level,the number of civilian casualties on all regions(especially in the southeast) would soar, the goverment would loose all accountability and responsibiliy to the masses since they now answer to their alien overlords,the international community would start harrasing,maltreating and dehumasing nigerian since they are now at the center stage of international terrorism,it would be 15 times more harder for nigerians to travel,social amenities would breakdown or simply disappear.
Meanwhile the crude oil output of nigeria will increase while a series of billion dollar security and arms deals with foreign nations would increase leaving very little for the country or putting the country in grave debt.
As arms flow is DELIBERATELY made easier many opportunist will raise private armies in order to get a cut in the deals thereby creating multiple warring factions scenario,adding to the chaos and reducing the chance for the people to unite and find a solution.
If you think CNN,BBC and Al Jazeera would report the true incidents and situation to the world then you will be gravely disappointed,if you think other world powers would come to your aid out of compassion you are dreaming. You guys would be butchered and intimidated in your own land without an opportunity to make your voice heard,and if the resulting conflict ever ends in 20 years then nigeria is a lucky nation.
PoliticsRe: Boko Haram An “emerging Threat” – Us Congress by thoth: 2:47pm On Dec 02, 2011
ak47mann:
source pls cool cool cool
ARIS. Check my older posts for more information.
PoliticsRe: Boko Haram An “emerging Threat” – Us Congress by thoth: 1:08pm On Dec 02, 2011
I want you all to think about the Procedures
1: Put the nation in the spotlight
2: Plan and setup a terrorist ring(whether made of nationals or foreign elements)
3: Put the Nation in the world's spotlight
4: Flare hate among any possible divisions,
5: PERCEIVE THREAT
6: In the pretense of eliminating threat Dominate the target.
7:Maintain Dominance

After you have thought about those procedures then think about this

BOKO HARAM DOES NOT EXIST, CIA OPERATION TOWARDS DOMINANCE IS IN EXISTENCE IN NIGERIA.
PoliticsRe: Why Do Nigerian Leaders Have Inferiority Complex? by thoth: 3:54pm On Nov 28, 2011
Yes they are but there is more going on behind the curtains.
If the nigerian leaders fail to do as USA,France and Britain says those country would remove them from power because the nigerian masses are ignorant and can easily be turned against their leaders, if those leaders on the other hand fail to care about the people the PEOPLE CAN DO NOTHING ABOUT IT again because they are ignorant and unenlightened.
@OP i am always happy whenever i see people who gave a thought to issues of the nation and can apply intelligence and knowledge to devise a solution, unfortunately many would not understand you.
PoliticsRe: I’m Happy Ojukwu Died As A Nigerian — Gowon by thoth: 8:58am On Nov 28, 2011
It is a pity that true history is not thought anymore in Nigeria.
Ojukwu did all he could through the Aburi accord to avoid going to war,witness accounts that Gowon accepted the terms while at Ghana. Britain was the one that pushed him and others to reject it and advised on a war strategy assuring full support. It was just seven years after independence and nigerians were highly nationalistic,patriotic and anti-colonialist and plunging nigeria into war was the only option left for the brits to subvert the nationalist and unified mindset of the young nation. During and after the war the neocolonialist agents and actors were firmly embedded in nigeria and they got ready for a second round of plundering which continues to this day.
Gowon fails to admit he has been used to this day fearing what it might upset, he also ignores the benefit of such pronouncement to the largly ignorant nation which is continually exploited with the same neocolonialist machine that was installded during and after the civil war.
Considering the comments in the post i believe it is more important now than ever that people are exposed to the alternate and more factual political consciousness instead of manipulated ,doctored and hearsay history they are USED to.
BusinessRe: CBN Devalues Naira, Holds Interest Rate To Spur Growth by thoth: 9:24pm On Nov 24, 2011
There is a lot going on that the masses don't know since they have been alienated from policy making in their own country.
Check out my older posts to see when the whole thing started.
BusinessRe: CBN Devalues Naira, Holds Interest Rate To Spur Growth by thoth: 4:07pm On Nov 24, 2011
Maybe if you people should ask where the idea of currency devaluation came from you will understand the intention.
World Bank/IMF Orders CBN to destabilize Nigeria. That is what the title should read like. For more information check my older posts.
Foreign AffairsRe: A White Racist's Analysis Of Africa by thoth: 12:04pm On Nov 10, 2011
The Plans being hatched for Africa is more horrible that what the average African can imagine, it becomes more dangerous when you know that Nigeria is at the center of it all.
The control of a Nation with the largest standing army and population in the continent(Conventional warfare), the largest and most penetrating social engineering engine(movies,music and culture - Psy Ops) daily penetrating and shaping the opinions of the continent, vast mineral resources and a large population of uneducated and ignorant populace is a price any imperialist nation with a good intelligence analyst would go for.
As we talk Nigerian troops are being used to intimidate and force NWO imperialist policies on Liberia,Sierraleon,Sudan and Somalia masses in their OWN COUNTRY by their AFRICAN BROTHERS working for the interests of a FOREIGN nation(not even in the continent). More painful is the fact that Nigerians are not aware of our sons and daughters being there, the few that knew does not know WHY they are there, the fewer that knows WHY can't do anything about it and so AFRICOM and its objectives lives on.

I will say it again, There is NOTHING like Boko Haram, the aim of this CIA Operation is to put Nigeria in the world stage as an Islamic Extremist and terrorist infested country, getting it ready for domination. just like there is no Al Qaida but just any targeted Muslim country or population that is anti imperialist and anti-America .
The Horrors are coming very soon,and Nigeria has very Little time left to counter this initiative.
PoliticsRe: Our Destination -argentina And The Imf: A Lesson For Third World Countries by thoth(op): 5:56pm On Oct 08, 2011
Just like Argentina and Somalia in the 80's the new programs is aimed to push 80% of the nation into poverty,

1: As the Naira is being devalued it will basically lead to inflation and take the means of survival out of the reach of millions of middle class Nigerians, to clarify; when the price of commodities starts rising due to inflation and the salary and wages remains the same the number of people able to have three square meals declines, the people might protest for higher salaries but that would cause more waste money to go into circulation increasing the inflation rate and digging the nation deeper into economic mess.The Nigerian businessmen will face and unfair aggressive advantages from other nations because you will need more Naira to buy the same good you used to buy before whereas the price is still the same and the foreigners will buy your services for peanuts because they enjoy a stronger currency(which is what the IMF wants in the first place) meaning you have to work 15 hours a day and paid in a month what somebody gets paid in just 3 hours. It will be harder for Nigerians to purchase abroad while it will be easier for those Capitalist to trample us and rush in and buy up all of Nigeria's state corporations like NEPA,NITEL, Ports, Mines and etc.

Its time we understand that these organizations and the west are not friends of Africa,only We can save ourselves by uniting and fight our common enemy.

I try to avoid big vocabularies and make these posts understandable to the layman whom these informations are most deserved .more clarification later.
PoliticsOur Destination -argentina And The Imf: A Lesson For Third World Countries by thoth(op): 5:20pm On Oct 08, 2011
With the World bank and IMF pushing for structural reforms in Nigeria in the line or further devaluing the currency, privatizing state properties and removing fuel subsidies and etc, I will like people to remember the effects of Structural Adjustment Programs imposed my IMF during Babangida's regime, since it always hard explaining to the average Nigerian what the Evil World bankers want i think looking at effects of such practices in other countries will make my point much clearer.
http://www.mediamonitors.net/raymondker9.html

Argentina and the IMF: A Lesson for Third World Countries

The world was spellbound last December by the spontaneous non-violent uprising of tens of thousands of Argentineans besieging government buildings with a deafening cacophony of incessantly banging pots and pans (the “cacerolazo”), which toppled the unpopular president Fernando de la Rua and subsequently four further presidents in less than a fortnight, and ushered in an unprecedented grassroots democratic movement which has grown exponentially over the past few of months. This is especially astonishing because it occurred in a country that is still nursing deep psychic scars from the trauma of seven years of brutal military dictatorship.

This cataclysm was precipitated by a catastrophic socio-economic crisis following upon a recession which slowed the economic growth rate from 8% to 1%, pushed the unemployment rate to 20%, forced 14 million below the poverty line, and catapulted the country into bankruptcy. The final straw was the imposition of deep salary and pension cuts, and the restriction of withdrawals from frozen bank accounts.

Since the economic meltdown, the unremitting woes and deepening socio-economic disaster in Argentina has been heart-rending. A country that was previously toasted as a “miracle economy” and star of the “emerging markets boom”, was reduced to superlatives of dubious distinction: It is now the world’s largest nation ever to go bankrupt; the nation that recently had the highest per capita income in Latin America, has rapidly dropped to 9th, with 49% (18 million) now living below the poverty line; the world’s most rapidly declining economy (the peso shed 66% of its value in a few weeks); the IMF’s biggest debtor nation; and responsible for the largest debt default in history ($155 billion).

The power and significance of the socio-political developments cannot be fully appreciated without knowledge of the tragic history of Argentina: For two decades before the military coup in 1976, the economy had been growing steadily, with the nascent industries and domestic market being nurtured by the protectionist agenda of successive governments. This era came to an abrupt end as the military dictatorship imposed a free market system on the country at the behest of local and foreign economic elites, which included liberalising the goods and capital markets, crushing the progressive trade union movement, and annihilating any criticism of the regime’s policies with a horrendous reign of terror – resulting in the slaughtering or disappearance of 30,000 people.

This free market fundamentalism was further entrenched and extended by Carlos Menem’s civilian government from 1989. Under the direction of the IMF, Domingo Cavallo, Menem’s Harvard-trained finance minister, instituted one of the most radical structural adjustment programmes in history which included trade liberalisation, liberalisation of the capital account, privatisation of state enterprises, pegging the peso to the dollar, and tightening of government monetary and fiscal policy, with draconian cuts in government spending.

Arthur MacEwan, Professor of Economics at the University of Massachusetts, asserts that “from the late 1980s onward, a series of loans gave the IMF the leverage to guide Argentine policymakers as they increasingly adopted the Fund's conservative economic agenda.” This proved to be the thin edge of the wedge: the IMF soon started wielding the carrot and stick with consummate skill to ensure the implementation of its programme, which was masterminded on Wall Street and in the US Treasury Dept.

The rapid and radical opening up of Argentina’s goods markets to trade exposed their fledgling industries to aggressive and unfair international competition, which resulted in the bankruptcy of thousands of Argentine corporations. The unhappy outcome was a reversion to a primary product and service economy.

The abrupt opening of the capital markets to unrestricted foreign capital flows made the country vulnerable to dangerous international market volatility. Enormous foreign capital inflows between 1990 and 1994 fuelled consumer credit and positive growth rates. But the confidence crisis following the Mexican peso collapse in 1994 impacted negatively on Argentina and resulted in massive capital outflows, precipitating the deep recession. This was compounded in subsequent years by ‘emerging market’ financial crises in East Asia, Russia, Brazil and Turkey.

The extent of the privatisation of state enterprises was ludicrous and extremely damaging to the country. The valuable family silver was flogged off at fire-sale prices to mainly foreign buyers, including the airports, rail system, national oil company, social security, mail services and all utilities! This milieu was also an ideal breeding-ground for the inveterate corruption that was to characterise Argentine politics. An example is the $40 billion earned from the privatisation of state assets that had simply disappeared!

Pegging the peso to the US dollar at a one-to-one exchange rate, was the brain-child of the IMF, which lobbied hard for its implementation. This required the building up of huge reserves of US dollars, incurring enormous debt. It initially helped to ameliorate inflation, but as the dollar appreciated against other currencies, the peso appreciated in tandem, reducing local and global demand for Argentine goods. The result was an ever-increasing trade deficit. The IMF was dead against a policy of raising tariff barriers to discourage imports flooding into the country. Argentina was encouraged instead to borrow heavily from the Fund and the capital markets to offset the deficit. Their creditors became progressively more apprehensive about the “consequences of the unbridled market freedom they had benefited from initially” and responded by pushing up interest rates, further compounding the problem.

In addition, flexibility in monetary policy was effectively eliminated. So when the recession deepened, the government was unable to increase the money supply to stimulate economic activity, because the peso was shackled inexorably to the dollar. This is an astonishing example of a government that voluntarily relinquishes its ability to shield its economy from the ravages of a volatile global economy,

The IMF was adamant about its four demands: avoiding devaluation; preserving the peso-dollar peg; not defaulting on debt repayment; and eliminating the budget deficit through harsh structural adjustment austerity.

Argentina was precluded from following the examples of Brazil and Russia who had devalued their currencies and then slowly recovered from their financial crises (Russia registered its highest growth in two decades in 2000). The Fund was protecting the interests of foreign investors and was concerned that the government might be tempted to reintroduce capital controls in a bid to ease the suffering of its populace.

The IMF’s dogmatic insistence on 100% compliance with debt repayment despite dire social consequences, shows where its allegiances lie and throws its actual agenda into stark relief. Contrary to the “prevailing wisdom” that defaulting on debt servicing is tantamount to economic suicide, MacEwan explains that: “It was a refusal to repudiate the debt that led into the December debacle. The new government has now defaulted, but not in a controlled manner that might yield the greatest advantage, but as an act of desperation.”

It was supportive of Argentina and dished out bountiful loans only as long as the government complied with its dictates of severely tightening fiscal and monetary policy. The Fund’s conservative macroeconomic mantra was (and still is!) “deficit reduction – Uber Alles”. But as expected, this misguided economic policy and the punishing austerity guidelines aggravated the recession, engendering a vicious cycle of diminished demand and growth, reduced government income, larger deficits, further austerity, etc. Each successive austerity and structural adjustment deepened the recession progressively. There is, however, ample evidence that during recessions, balanced budgets aggravate the decline, whereas moderate deficits actually assist in breaking the cycle.

The sharp cuts in government spending severely compromised social programmes, slashed the salaries of public servants, and reduced overall demand, with resultant recessionary pressures. This negated any prospect of long-term economic progress.

Walden Bello (Professor of Sociology, University of the Philippines) explains that: “Instead of reflating the economy, the IMF imposed an inflation-fighting program that accelerates the contraction of the economy. It seems that the Fund is institutionally - and intentionally - incapable of learning from its mistakes, and Argentina is one more reason why it should be abolished.”

There is now widespread acceptance that the IMF was responsible for a litany of disastrous policy errors that had precipitated the Argentine crisis. Joseph Stiglitz, the Nobel prize-winning economist, states that  "the IMF led a whole series of mistakes, from exchange rate policy, to fiscal policy, to the privatisations, that culminated in disaster in Argentina."

The Fund also appears not to have learnt any lessons from its destructive policies in the aftermath of the 1997 Asian financial crisis. It may be rather unkind to charge that there is a deliberate agenda to replicate exactly the policy “blunders” which destroyed the economies of the Asian Tigers. But what other inference can be drawn from the enigmatic historical record. A cursory perusal of the gargantuan profits realised by Western corporations following the collapse of the Asian economies may convince the most hard-core apologist for neo-liberal globalisation.

As a reward for Argentina’s catastrophic structural adjustment policies, Wall Street, the IMF and the US Treasury Dept hailed the country as a model of market reform, and matched the accolades with a deluge of “generous” and, in the long run, un-payable loans. And just a few years down the line the country is being cruelly punished by the Fund for the economic implosion that was a direct result of the IMF’s misguided macro-economic prescriptions. What a grave injustice!

But why does the IMF stubbornly persist with its discredited and failed policies? MacEwan once again offers plausible explanations: “Probably because those policies serve important and powerful interests in the U.S. and world economies. The U.S. government has by far the greatest influence at the IMF. With over 18% of the voting shares in the Fund, the U.S. government has de facto control. Indeed, over the years, the IMF has operated largely as a branch of the US foreign policy apparatus, attempting to create a context that assures the well-being of US interests--which is to say the interests of US-based internationally operating firms.”

The Enron debacle has clearly shown that the real puppeteers are the powerful money-for-political-influence transnational corporations (TNCs) that ultimately control the levers of power in Washington. Any decent investigative journalism will reveal that the corruption engineered in the upper echelons of the US government by Enron can easily be extrapolated to most large TNCs. There is the all too familiar pattern of: generous campaign funding; munificent political favours for the contributors; US Administration officials who have moved onto Enron’s payroll (Wendy Gramm, James Baker, Robert Mosbacker, Thomas Kelly, etc); Enron staff who have migrated into government (Robert Zoellick, Lawrence Lindsay, Thomas White, etc); and Marc Racicot who was simultaneously a registered lobbyist for Enron and national chairman of the Republican Party!

One could therefore declare quite categorically that the policies that the Fund forces on countries like Argentina are, in the final analysis, determined in distant transnational corporate boardrooms.

The Fund’s cynicism is almost palpable when seen in the context of its decision to lend Argentina only enough money to meet the annual interest payment on its debt to the IMF and the World Bank. The country will not obtain any further assistance to help it out of the morass nor to ease the enormous suffering of its people. And to receive this meaningless loan (IMF officials with a macabre sense of humour have referred to this as “rescue financing”!), the country is compelled to submit to painful structural adjustment austerity. 

One gets a clue to the rationale for the IMF’s cynical and apparently sadistic agenda from an expert at the cutting-edge of neo-liberal globalisation: George Soros’s incisive analysis is that: “In contrast to corporate borrowers, sovereign states do not provide any tangible security; the only security the lender has is the pain that the borrower will suffer if it defaults. That is why the private sector has been so strenuously opposed to any measure that would reduce the pain . . .” The perceived sadism also serves the purpose of discouraging other countries from defaulting on their debt repayments.

The fact that the IMF was directly responsible for the Argentine socio-economic crisis, does not enter the equation at all. Not an iota of remorse. To apologise is to show weakness. And weakness would undermine confidence in free market hegemony. No prospect of reparations nor even some paltry debt reduction.

Gerard Coffey claims that the IMF (read: Wall Street/US Treasury/TNCs) is using Argentina as a neo-liberal macroeconomic experiment. Consider the fact that in 2001 the Fund decided to implement a new “sink or swim” policy. This means that “investors must now be prepared to suffer the consequences of their actions and assume the risks if the investment turns sour” because the IMF will not come to their rescue. This is an excellent development, if it could be handled with integrity and compassion. But the problem is that this had never been attempted before and would be an extremely risky experiment. So they had to locate it in a country that does not pose strategic, economic or political risks for the US. Mexico would be disastrous for the US: Imagine the fascinating scenario of hundreds of thousands of impoverished Mexicans flooding across the porous US border! Turkey would also be strategically catastrophic, and so would several other Southern countries. But Argentina fitted the bill perfectly. What rotten luck for them!

The global protests against meetings of the IMF and other neo-liberal summits from Seattle to Prague indicate that the iniquitous impact of these organisations is not confined to a few isolated countries like Argentina, but affects the vast majority of Third World states. The common denominators of these socio-economic assaults on the South are crystallising in the minds of activists and global civil society. Trenchant progressive macro-economic analyses now abound in all corners of the globe, not only in the ranks of the formal social justice movements, but even unsophisticated folk can see through these capitalist subterfuges.

The world would be spellbound if the IMF suddenly realised the error of its ways and started to make amends. But that is probably too much to hope for. It is, however, imperative that the Third World learns from the painful lessons of the Argentine debacle and similar crises. They should then pool their considerable energies and resources to creatively confront international capital in all its guises. A proposed first step might be to collectively jettison the pervasive Washington Consensus model of “free trade” and reintroduce protectionism to shield vulnerable economies from the ravages of the frenetic deregulation of trade and the capital markets. Step two might encompass the resuscitation and rehabilitation of devastated social programmes. Creativity will map out the rest.

And maybe it’s not only the incurable optimists who can visualise the ultimate scenario when six billion souls will triumphantly bang their individual cultural percussion to celebrate the dawn of a new paradigm.
RomanceRe: Crazy Things Girls Say When Begging For Money! by thoth: 8:28am On Oct 03, 2011
i have only spent 3 months in nigeria as an adult and i testify to what guys are saying.
Her: i look shabby.
Me: yes you do.
Her:i hate looking like this.
Me: yes you don't.
Her: i need to do some serious shopping.
Me: ok.
Her: We can go tomorrow.
Me: WE ?
Her:yeah,lets do stuffs together for once.
Me:we just did something an hour ago.
Her: i mean outside.
ME: No.
Her: then you should give me some money for the shopping, i don't like the way i look , ,blablabla.
Me: please get the Bleep out of my house!!
I took that same bastard to my sisters exhibition in Cape Town a week before and she almost bought all the perfumes,clothes and shoes in SA. She even bought a winter fur coat even though we had no winter in Nigeria.
PoliticsRe: Kano State Governor Orders Release Of Detained Boko Haram Members by thoth: 9:45pm On Aug 30, 2011
Why would US officials pressure the army for their realease? Why would two US officials visit the governor ? Whats the purpose of the visit and why would they oppose making the interrogation done to the terrorists available to the press and public ?  Why has nobody put it to them that it is CIA that is running the Boko Haram(training and equipments) and the target is to put Nigeria in the spotlight ?
They have been setting up Nigeria as a terrorist country,fixing the image just as the did iraq and preping us up for war. The tried the underwear bomber but it did not rub off all that well. They went the terrorist route so by the time they are ready there would be scores of references that would justify foreign military assistance or even presence. Its time the nation unites .he underwear bomber but it did not rub off all that well. They went the terrorist route so by the time they are ready there would be scores of references that would justify foreign military assistance or even presence. Its time the nation unites .
PoliticsThe Plan To Bring Down Nigeria Into And Push Us Into War. by thoth(op): 12:48pm On Aug 24, 2011
i commented on this a long time ago but people are too ignorant to understand what i am trying to say.
Please check the exchange rate of naira to dollar today and think about it.
for those that was not there when the topic was posted you could read below.
https://www.nairaland.com/nigeria?topic=648847.msg8267433#msg8267433
https://www.nairaland.com/nigeria?topic=656549.msg8267429#msg8267429

People should know the secret plan of world powers to see that Nigeria fall into war come 2015 and we must unite as one people against that.
PoliticsRe: US Intelligence Sources Links Boko Haram With Al-Qaeda. Terror! by thoth: 5:36pm On Aug 18, 2011
Another conspiracy theory to help divide nigeria come 2015. The american army has already conducted war games on how to secure our oil wells while they play the north and west to fight each other for the next 20yrs. I will also beg nairalanders to stop seeing northerners as terrorists. This image was deliberately created by the CIA and M16 stations in nigeria as a build up to their plan,the same way they are gradually turning nigeria's foreign image to that of an islamic terrorist state,the rest of the world are gradually seeing us as an islamic state with a predominant muslim population and institutions(islamic bank). The perfect groundwork for another north/south sudan conflict to last 20yrs. I will like my southern brothers to know that the image they have of the north is not true but was intentionally created and fed to them by the media. Here in niger state we flex life just like in any other southern state. We drink,smoke and LovePeddler. We pursue our daily bread every morning and pursue our fun every evening but the image the south have of niger state is that of bombs blasts in churches,dead coppers and arm cutting sharia fanatics. the truth is there is no sharia here and we live in peace so stop having those ideas that are manufactured by the foreign intelligence bodies. We will prevail insha Allah
PoliticsRe: What Is The Cause of The Mismanagement of Africa? by thoth: 3:04am On Jun 17, 2011
The problem with Africa and if one might choose Nigeria as an example is multifaceted but has one source, that source itself being very hard to describe to the common Nigerian man can be called neo-colonialism. Their are people whose existence depends on keeping Africa disunited,in war and misery,ignorant and underdeveloped. The Imperialist(as i will call them from now on) will go to any length to see that the status quo is maintained.
THE HAND OF EVIL
I know many people due to their ignorance will say " bad leaders" or selfishness, the point is that these same vice exist in every human being no matter what race or creed. How many times has the CIA assassinated those leaders that has come forth to the rescue of their people, how many times has western imperialist nations overthrown democratically elected leaders and installed their own puppets that will allow them to exploit the nation in question. How many times have we had leaders being ordered what policies to implement and how to implement it by the imperialist with an " or else" clause attached to it. some leaders has out of fear for what might happen to their own people carried out such policies to the detriment of their nation, some leader who were installed by the imperialist because they qualify as total bastards will do anything just to get a cut, the likes of IBB and OBJ.
IGNORANCE and COMPLACENCY

I was reading the news last time and i saw a certain president spending 52 billion on inauguration, where i was born such things are unheard of yet it is carried out in Africa with impunity. not even a single person did anything about it.
The CIA has setup Boko-Haram and has been carrying out covert operations all over Nigeria on the intent of causing war and ultimately putting Nigeria in the list of AL-Quaida or anti_American nations, people has been ignorant and watch as they were killed daily without saying much. Nigeria is in the list of nation in the US Department of Defence that is lined for strategic "restructuring" Iraq was there, Iran will be next, Venezuela and who knows Nigeria, All the ARIS intelligence has so far is that Nigeria is being prepared to be put into the limelight and cast as another evil nation and then escalate a war between most likely Muslims and Christians.That will pose an opportunity for more exploitation(like the decades long violence in Congo fanned by the CIA and Belgian intelligence).The Underwear Bomber was part of the plan,Boko Haram is the Hatchling, and the media division over Muslim parties and others is a subtle psychological induction into the minds of the people to create the picture of a religiously tense nation on the blink of violence.Recently moves has been made to create a connection between Nigerian incident and Somalia, it seems to be working as the media manipulators want it to be.
I have tried a few times to enlighten the people on this but it always comes down to the average African does not understand "Intelligence" or even believe in "Psychological Warfare" (PsyOps). i will stop here and watch another spew of something else come fort.
PoliticsRe: New Electricity Tariffs To Take Effect January, 2012 by thoth: 3:33pm On Jun 03, 2011
There are two things you people should note, When you people sit on your asses and allow the foreign capitalists to buy up your Power Generation Facilities in the guise of Privatisation, You will all suffer, they will manipulate your President to sign bills that will allow then to increase the tariff to the point that the ordinary citizen can no longer afford the bill, and mind you the electricity produced will never increase.
Secondly, until each state is allowed to generate it's own power and collect and set its own tariff, until each citizen has the free right to produce electricity and join the Power grid, until the masses totally free themselves from the grip of western capitalists trying to strangle the most resilient Nation in Africa, until then Nigeria will continue to fall, and those evil men will continue to fan and strengthen and penetrate your nation with Corruption.
Thanks.
Foreign AffairsRe: Gaddafi's youngest son and 3 grandchildren killed in NATO air strike by thoth: 12:53am On May 10, 2011
While we are on the subject of Libya, Imperialist Interventions, Western Manipulations and Its effects on Africa especially Nigeria.

It is very important that we all watch this video by a Nigerian lady at TED, Though she tries to be politically correct but as a writer she SAID IT ALL at the same time but for only those who are enlightened enough to see through it.

http://www.ted.com/talks/lang/eng/chimamanda_adichie_the_danger_of_a_single_story.html

You can watch it over and over again, and fix the situation she describes with every event you knew that has happened in Nigeria, most especially the milk odyssey and how the poor can once afford it and then suddenly it becomes a luxury for the rich alone, with all the privatisation going on in your nation there will be a time the middle class(if there will be one left) can no longer afford electricity any more.
PoliticsRe: Chimamanda Adichie: The Danger Of A Single Story by thoth: 12:41am On May 10, 2011
I believe the intent of that presentation is not about tribalism but the true story of what went wrong in africa and Nigeria as an example of that, to those who has not have a glimpse of the TRUTH you will have a different more misdirected interpretation of what she is trying to push along, for those who has witnessed much of it and still believed in hope it will only make you more sad.
listen very well when she talks about the MILK ODYSSEY, how everyone once can afford milk and what was the state after, Imperialism in Nigeria will take everything from the masses till the point where the middle class no longer afford electricity. in a few years to come you will have a PRIVATISED NATION running on a PRIVATISED government .

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