- js reader version
- view hidden posts
- tags and related articles
by Kwang zi
Monday, Apr. 16, 2007 at 5:42 AM
The current population of East Timor is approximately one million souls while the value of its natural gas and oil reserves amount to billions of dollars. However, the tiny new island nation is impoverished with above 35% unemployment and a rural based economy. Without elaborating further, Timor-Leste presents an extremely volatile situation as greedy interests, primarily America via its ‘World’ Bank and Australia-New Zealand acting as the military arm, poise themselves to exploit the impoverished people and nation of Timor-Leste.
All things being remotely equal, the entire population of Timor-Leste should be potential billionaires, but we know that is not how it works. Enter the World Bank to ‘save the day’ with crippling – but ‘legal’ – loans to enslave the nation while the natural wealth is developed/plundered. The Transnational oil corporations of the western world are about to chalk another one up to the usual formula of enslaving developing nations with crippling loans while they plunder everything of value.
A glance at the track record of the World Bank and Transnationals in Africa and Latin America confirms the ugly scenario; school children are easily able to complete school projects on exploitation with the information available today! The charade of ‘development assistance loans’ has long since become transparent. After decades of ‘development’ and billions of dollars extracted from Africa how many exploited nations can boast equal living standards and conditions with western nations?
Fortunately for the exploited ‘third world’ a former exploited nation has freed itself from the shackles of slavery and has risen to be the most powerful nation in the region with an economy about to surpass that of the USA. Enter China and the competitive edge it offers. China has proven that international business does not require a gun and crippling economic loans. Its recent trade mission to Africa has seen benefits for all parties involved. China recently offered various African nations development loans at a fraction of the rate of the World Bank; 1.7% to Angola with additional benefits in the form of infrastructure development and other manufacturing options. Angola was quick to reject the crippling offer of the World Bank and like many other African nations signed up with China for a mutually beneficial future.
Business is business in a ‘free enterprise market’ and a better offer would not usually be refused unless of course we arrange to place a puppet government in power to safeguard our interests, and ‘manage any discontent’ from the local population. All inordinate resistance would be met with ‘peacekeeping forces’ of the kind that China never requires in its business dealings with the international community.
In view of current realities the factions in Timor-Leste become more transparent; western rapacious interests represented by Ramos-Horta and Fretilin, the people’s party represented by Lu Olo!
Anyone who imagines that ‘free and fair’ elections are occurring in the presence of armed foreign military while superior offers of competing nations are obstructed, is deluded.
To those who wish to challenge the above observations I would simply say allow Timor-Leste to negotiate with China in the spirit of free and fair enterprise. Refusal and continued obstruction would amount to verification and confirmation of the ugly realty of military expansionism and neo-colonial exploitation and oppression.
I would add that it is the majority of Timor-Leste that holds the destiny of the nation in their hands, in the event they seek our assistance – that assistance would be forthcoming.
Report this post as:
GUIDE TO REBEL CITY LOS ANGELES AVAILABLE
lausd whistle blower
Help KCET and UCLA identify 60s-70s Chicano images
UCLA Luskin: Casting Youth Justice in a Different Light
Change Links April 2018
Nuclear Shutdown News March 2018
Join The Protest Rally in Glendale on April 10, 2018!
Join The Protest Rally in Glendale on April 10, 2018!
Spring 2018 National Immigrant Solidarity Network News Alert!
Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A.
Steve Mnuchin video at UCLA released
Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups
After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video
Resolution of the Rent Strike in Boyle Heights
What Big Brother Knows About You and What You Can Do About It
Step Up As LAPD Chief Charlie Beck Steps Down
Our House Grief Support Center Hosts 9th Annual Run For Hope, April 29
Don’t let this LA County Probation Department overhaul proposal sit on the shelf
Echo Park Residents Sue LA Over Controversial Development
Former Signal Hill police officer pleads guilty in road-rage incident in Irvine
Calif. Police Accused of 'Collusion' With Neo-Nazis After Release of Court Documents
Center for the Study of Political Graphics exhibit on Police Abuse posters
City Agrees to Settle Lawsuit Claiming Pasadena Police Officer Had His Sister Falsely Arre
Professor's Study Highlights Health Risks of Urban Oil Drilling
Claims paid involving Pasadena Police Department 2014 to present
Pasadenans - get your license plate reader records from police
LA Times Homicide Report
More Local News...
Shadowgun Legends Hack and Cheats
What does the Quran Say About Islamic Dress??
Biodiversité ou la nature privatisée
The Market is a Universal Totalitarian Religion
Book Available about Hispanics and US Civil War by National Park Service
The Shortwave Report 04/20/18 Listen Globally!
The Republican 'Prolife' Party Is the Party of War, Execution, and Bear Cub Murder
Paraphysique de la dictature étatique
Book Review: "The New Bonapartists"
The West Must Take the First Steps to Russia
Théorie générale de la révolution ou hommage à feu Mikhaïl Bakounine
The Shortwave Report 04/13/18 Listen Globally!
“Lost in a Dream” Singing Competition Winner to Be Chosen on April 15 for ,000 Prize!
The World Dependent on Central Banks
Ohio Governor Race: Dennis Kucinich & Richard Cordray Run Against Mike DeWine
March 2018 Honduras Coup Again Update
Apologie du zadisme insurrectionnel
ICE contract with license plate reader company
Black Portraiture(S) IV: The Color of Silence...Cuba No...Cambridge Yes
Prohibiting Micro-Second Betting on the Exchanges
Prosecutors treat Muslims harsher than non-Muslims for the same crimes
Amy Goodman interview on cell phone safety
Mesa, Arizona police officer kills unarmed white man
Israeli leaders should be prosecuted for war crimes
Paraphysique de l'autorité
More Breaking News...