Nepal

Of this $3.5 billion in external debt, $1.5 billion is owed to the World Bank and $1.4 billion to the Asian Development Bank, together amounting to over 80% of the total debt. According to the IMF, Nepal will spend $210 million on debt payments in 2015, and a similar amount in 2016 and 2017.

New Zealand

Queen Bee Sting: Grammy audience told to read more

Lord Grammy

Lorde:

Thank you soo much everyone for making this song explode because this world is mental. (Laughter). Planet Earth is run by psychopaths that hide behind slick marketing, ‘freedom’ propaganda and ‘economic growth’ rhetoric,[1] while they construct a global system of corporatized totalitarianism.

As American journalist Chris Hedges has identified, a corporate totalitarian core thrives inside a fictitious democratic shell.[2] This core yields an ‘inverted’ totalitarian state that few recognize because it does not look like the Orwellian world of Nineteen Eighty-four.[3]

This corporate totalitarian core is spreading outward from America. Planet Earth is being rapidly militarized by the world’s major and significant states, including their police forces.[4] Meanwhile, state surveillance is becoming universal[5] and torture is outsourced to gulags.[6]

Can we not imagine that in past times, simple folk found it hard to work out exactly how they were being manipulated by the Royal monarchies, and the Papal monarchy, who claimed a ‘divine right to rule’? Ordinary people from classical times through to the demise of Ancien Regime could not see how the rivalrous network of elites and oligarchs were linked, not least because the illiterate masses were indoctrinated to believe in their humble lot, to obey divinely-endorsed authority and to live in fear of damnation.

So, in today’s mental world, it should become clearer now that Planet Earth is ruled by super-wealthy people, who use their outrageous fortunes to steer the trajectories of whole societies for their own material and political gain.[7] These oligarchs are, in fact, colluding for economic gain and conspiring to augment more political power.[8] Armies of professional, political, religious and military elites serve them.[9 Together, they comprise a highly-networked transnational capitalist class that has been traced in studies by: Peter Phillips and Brady Osborne;[10] William K. Carroll;[11] David Rothkopf;[12] Daniel Estulin;[13] and Laurence H. Shoup and William Minter.[14]

As Canadian journalist Naomi Klein has argued in her book, The Shock Doctrine: The Rise of Disaster Capitalism, ‘free markets’ were slickly marketed in the 1980s and 1990s with the idea that they would deliver individual freedom and prosperity for all.[15] Klein also wrote that the use of military violence to facilitate the spread of ‘free markets’ in the field-testing stage from the mid-1960s to the mid-1970s has continued into the 2000s. Her view is supported in Eugene Jarecki’s documentary Why We Fight (2006), which compellingly showed that America fights wars to make the world secure for its corporations.[16] So, get reading and viewing! (Lorde giggles and half the audience rises to their feet applauding. The other half remain fixed in their chairs. Some reluctantly clap).

Thankyou soo much everyone for giving a shit about our song, ‘Royals’. May you all find the balls to help construct a world based on resilient community, bona-fide freedom, and peace. To do that, we will need to redeploy the psychopaths that currently run the world to the planet’s prisons.[17] Peace cannot happen with reconciliation. That was Nelson Mandela’s mistake.[18] The first step to peace is justice firmly served.

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See the full story “Clipping Queen Bee’s Wings: Lorde’s real Grammy speech suppressed” at
And also:
The inside story behind Lorde’s meteoric rise: “Queen Bee Mentor: The professor who fed Lorde’s mental buzz”
Speech Source References

[1] Snoopman. (2013, August 31). A Poorly Understood ‘Bargain’: How Democracy and the 60s Movements became Orphans in the ‘Free Market’ Era. Snoopman News. Retrieved from http://snoopman.net.nz/2013/08/31/a-poorly-understood-bargain-or-how-democracy-and-the-60s-movements-became-orphans-in-the-free-market-era/

[2] Hedges, Chris. (2014, January 6). The Last Gasp of American Democracy. Truthout. http://www.truth-out.org/opinion/item/21052-chris-hedges-the-last-gasp-of-american-democracy

[3] Orwell, George. (1993). Nineteen Eighty-Four (5th ed.). London, England: Compact Books. (Original work published 1949).

[4] Chossudovsky, Michel. (2014, January 29). Imperial Conquest: America’s “Long War” against Humanity. Global Research. Retrieved from http://www.globalresearch.ca/imperial-conquest-americas-long-war-against-humanity/5364215

[5] WashingtonsBlog. (2013, December 18). Former Top NSA Official: “We Are Now In A Police State”. Retrieved from http://www.washingtonsblog.com/2013/12/former-top-nsa-official-now-police-state.html; World Socialist Web Site. (2013, December 18). “Almost Orwellian”: US Judge indicts NSA spying. Retrieved from http://www.wsws.org/en/articles/2013/12/18/pers-d18.html; Burghardt, Tom. (2013, November 10). The U.S. Secret State and the Internet: “Dirty Secrets” and “Crypto Wars” from “Clipper Chip” and ECHELON to PRISM. Global Research. Retrieved from http://www.globalresearch.ca/the-u-s-secret-state-and-the-internet-dirty-secrets-and-crypto-wars-from-clipper-chip-to-prism/5357623

[6] Lendman, Stephen. (2013, November 12). America’s Global Gulag: Challenging Wrongful Convictions Global Research. Retrieved from http://www.globalresearch.ca/americas-global-gulag-challenging-wrongful-convictions/5357796?print=1; Lendman, Stephen. (2013, July 19). US Courts Approve Indefinite Detention and Torture. Global Research. Retrieved from http://www.globalresearch.ca/us-courts-approve-indefinite-detention-and-torture/5343269

[7] Engdahl, F. W. (2009). Gods of Money: Wall Street and the Death of the American Century.Wiesbaden, Germany: edition.engdahl; Rowbotham, M. (1998). The Grip of Death: A Study of Modern Money, Debt Slavery and Destructive Economics. Charlbury, England: Jon Carpenter; Winters, J. A. (2011a). Oligarchy. New York: Cambridge University Press.

[8 Edwards, Steve. (2012). It’s the financial oligarchy, stupid: A study of Anglo-American news coverage during the 2007-2008 financial crisis and bank bailouts Retrieved from http://hdl.handle.net/10292/5536

[9] Winters, J. A.(2012, February 27). Oligarchy in the U.S.A.: The wealth defense industry protects the richest of the rich. In These Times. Retrieved from http://inthesetimes.com/article/12698/oligarchy_in_the_u.s.a/

[10] Phillips, Peter & Osborne, Brady (2013, September 13). Exposing the Financial Core of the Transnational Capitalist Class. Global Research. Retrieved from http://www.globalresearch.ca/exposing-the-financial-core-of-the-transnational-capitalist-class/5349617

[11] Carroll, W. K. (2010). The Making of a Transnational Capitalist Class: Corporate Power in the 21st Century. London: Zed Books.

[12] Rothkopf, D. (2008). Superclass: The Global Power Elite and the World They are Making. London, England: Little, Brown.

[13] Estulin, D. (2009). The True Story of the Bilderberg Group (North American Union ed.). Walterville, OR: Trine Day LLC.

[14] Shoup, L. H. & Minter, W. (1977). Imperial Brain Trust: The Council on Foreign Relations and United States Foreign Policy. New York, NY: Authors Choice Press.

[15] Klein, N. (2007). The Shock Doctrine: The Rise of Disaster Capitalism. Camberwell, Australia: Penguin Books.

[16] Jarecki, Eugene (2006). Why We Fight. [Motion Picture]. Sony Pictures Classics.

[17] Snoopman. (2013, August 31). A Poorly Understood ‘Bargain’: How Democracy and the 60s Movements became Orphans in the ‘Free Market’ Era. Snoopman News. Retrieved from http://snoopman.net.nz/2013/08/31/a-poorly-understood-bargain-or-how-democracy-and-the-60s-movements-became-orphans-in-the-free-market-era/

[18] (2014, January 28). The Audacity of Obama: A Black Wolf in Corporate Clothing. Snoopman News. Retrieved from http://snoopman.net.nz/2014/01/28/the-audacity-of-obama-a-black-wolf-in-corporate-clothing/

Nicaragua

As of November 1950 the public external debt of Nicaragua amounted to the equivalent of Unites States (US) $ 4.4 million. Nearly 80 percent or $3.5 million, of the obligation is composed of loans from the Bank of America ($2.4 million) and the Exim Bank ($1.1 million). The balance of $910,000 represents the principal outstanding on the sterling bonds of 1909 on which the application of sinking fund has been in default since 1946. In July 1894 the interest on 6 percent sterling loan of 1886 amounting to $285,000 for the development of railways fell into default and in 1895 a settlement of the debt was affected between the Government and the British Council of Foreign Bondholders. Between 1911-37 a succession of defaults occurred on the sterling loan of 1909. During the same period four debt settlement plans were put into operation with the consent of the Council. Commercial debts totaling $28 million had accumulated between 1935-37. This represented unpaid private imports taken over by the Government. Between 1938-50 three public external funded loans were incurred by Nicaragua. The first one, the $2 million 4 percent Exim Bank loan of 1939 for the construction of the Pan-American highway was fully repaid by early 1949; the other two, the export-import bank loan of 1941 and the Bank of America loan of 1947 are still outstanding.

Nigeria

In 2012, Nigeria’s external debt was an estimated $5.9 billion and N5.6 trillion domestic – putting total debt at $44 billion. In April 2006, Nigeria became the first African country to fully pay off its debt owed to the Paris Club.

Pakistan

The people of Pakistan have suffered from a crippling debt for 40 years. This debt has done little for the majority of Pakistan’s people – instead it has increased inequality and deepened impoverishment. Today, 50 million people in Pakistan live below the poverty line- BUT if we get behind them now — following the recent change of government, we can start to change this

The global financial crisis, the horrific floods of 2010 and the so-called ‘war on terror’ have all made Pakistan’s debt spiral out of control, precipitating an economic crisis within Pakistan, and furthering inequality, injustice and instability in the region. Debt payments are increasing rapidly this year as these loans come to be repaid.

In response to repeated debt crises, the International Monetary Fund (IMF) provided ‘bailout’ loans to ensure Pakistan’s creditors keep getting paid. For 29 of the past 40 years Pakistan has received loans from the IMF, which amounts to one of the most sustained periods of international lending to any country. The people of Pakistan need immediate relief from these crippling debts.

This can only be achieved through a debt audit to ascertain which debts should be cancelled, progressive taxation to create a more equal and productive economy and alternative solutions to the IMF’s structural adjustment policies. Following this year’s election, crucial decisions are being made on how on how to deal with Pakistan’s debt. The people of Pakistan must be free to decide upon their own economic future – a future without the crippling burden of inherited debts.

Panama

In 2015 Panama public debt was 18,215 million euros 20,212 million dollars, has increased 1,981 million since 2014. This amount means that the debt in 2015 reached 38.77% of Panama GDP, a 1.69 percentage point rise from 2014, when it was 37.08% of GDP.