Yes, Jeffrey Sachs....

The man who forgot about the ruble overhang and thereby advised a course of
action that wreaked hyperinflation upon the Russians and those other groups
that got stuck with the Russian ruble. Russia won't recover for yet many
years, and meanwhile pensioners are begging on the sidewalks, while the
privileged were allowed to export their rubles for whatever they could get
for them, while the West dumped good money into trying to prop it up. What a
debacle..

I wonder if Sachs wasn't the fellow who argued for Argentina and others
pegging their currencies to the US dollar?

The horror is that even well-meaning people can through ignorance do a lot
of harm with their hubris.

Sounds like you are doing interesting work, Bill.  Can you say more?

Lawry


-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of William B Ward
Sent: Wednesday, July 24, 2002 5:21 AM
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED]
Subject: Re: Panic stations

Lawry,

I agree completely. Bush's position is that any group providing armed
resistance to a group he supports qualifies as terrorists.  The IMF has,
through its policies and crossing the palms of strong men, probably
killed more people than many of the groups Bush has fingered.

I have not evaluated the links below but they do make for some
interesting reading:

http://www.foe.org/international/imf/

http://www.globalizethis.org/fightback/#wbimf

http://www.50years.org/institutions/index.html

http://www.50years.org/institutions/index.html

http://lists.essential.org/mailman/listinfo/stop-imf

http://www.globalexchange.org/economy/rulemakers/

http://www.ifg.org/imf.html

http://www.zmag.org/ParEcon/palastimf.htm

http://members.aol.com/gafrin/imf.htm

http://www.cepr.net/IMF/

The one that blew me away was this by Jeff Sachs, one of the guys who
brought us the current Russian economic situation. Now if you ignore the
others, it is hard to ignore this guy.

Incidentally, I have been involved, in a small way, in planning for the
current Turkish National Health Survey, funded by the World Bank.  You
may not know it, but a recent study by one of the Bank's health gurus
indicated that the US has the world's most responsive health systems. As
an American, I'm glad that I now know that! [:>)}.

Bill Ward


On Tue, 23 Jul 2002 15:30:29 -0400 "Lawrence DeBivort"
<[EMAIL PROTECTED]> writes:
> Guerillas, freedom fighters, resistance fighters, maquis,
> terrorists,
> commandos, assassins, special ops, wet ops, minute men....
>
> The term we choose will reflect whose side they and we are on.
>
> Can you think of any other similar terms?
>
> Lawry
>
>
>
>
>

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