5/7/00

Now that the distractions of evil " Communism " are gone, only
capitalism is left to deal with. Lo and behold, it stands before
the world on its own. And people hate it for what it is and does.
It has no excuses. The fewer it serves, the shorter its life
expectancy.

Joshua2

========
BBC News
Sunday, 7 May, 2000, 10:46 GMT 11:46 UK
Protests against Asian capitalism

Police said they had never seen such a determined crowd Thousands
of demonstrators have pushed past police lines in protest against
policies of the Asian Development Bank (ADB), which is holding its
annual meeting in Thailand.

Up to 3,000 Thai activists, farmers and students chanted slogans
"ADB go to hell" and blocked traffic in the northern town on China
Mai.

Imaginative protest in China Mai Many of the protesters claim they
have lost their land or livelihoods as a result of ADB-funded
projects. They say the bank's policies have worsened poverty and
damaged the environment.

Police officials at the demonstration are quoted as saying they
have never seen such a large and determined crowd.

However, there was no violence and no serious casualties.

Pushing through The activists, many wearing brightly coloured
headbands and carrying flags and banners, belong to a number of
non-governmental and student organisations.

They were joined by poor farmers from around Chiang Mai, the town
in the middle of Thailand's agricultural heartland.

We promise that we will listen to you and we need to meet more
ADB's representative Craig Steffensen Chanting slogans, they marched
towards police arm in arm, holding banners critical of the ADB and
other global financial institutions.

They pushed through crowd-control barriers, forcing riot police
into a hurried retreat to a final line of defence just 10 metres
from a hotel where the meeting is held.

Elite Thai Army border troops armed with shields, sticks and tear
gas backed up police as bewildered officials looked on from inside
the hotel.

The march left a trail of debris with twisted metal barriers dumped
on the side of the road and smashed lights at roadside restaurants.

Demands Protest leaders have submitted a letter demanding that ADB
loans to Thailand be scrapped.

They also want Thailand to resist ADB pressure to charge for water
used in farming.

If the ADB continues to refuse and respond to these issues we are
concerned it will increase the likelihood of confrontation From
the protesters' letter The ADB's representative Craig Steffensen,
who met the protesters, told them that the issues need to be
discussed. "We promise that we will listen to you and we need to
meet more," he said.

But the protesters refused to leave the venue.

"If the ADB continues to refuse and respond to these issues and
demands in a meaningful and sincere way we are concerned it will
increase the likelihood of confrontation," their statement said.

"You have a legal and moral responsibility to respond, you have an
opportunity to do so now, and we urge you not to miss it."

The ADB in Thailand The ADB's Vice President Myoung-Ho Shin delivered
a long and detailed reply to questions asked by non-governmental
organisations on Saturday.

ADB replies to demands The ADB has lent $1.2 billion to Thailand
as part of its contributions to help it to recover from the 1997
economic crisis.

Some of its projects deal with irrigation for agriculture, waste
water management and the operations of government health care and
education.

Governors of the bank were meeting to discuss poverty alleviation
projects and expanding the ADB's soft-loan facility.

Today's protest followed clashes between police and demonstrators
on Saturday outside a conference centre where opening ceremonies
took place.

Protests against global capitalism have included demonstrations at
the World Trade Organisation talks in Seattle last year and the
World Economic Forum in Davos.

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