Response to Chancelor Brown of the UK's suggestion to cancel world debt in SE Asia.

international | anti-capitalism | other press

Wednesday January 05, 2005 15:18

by paddington - good gamma go to sleep-.

Mr Brown, drives round car in a big car,
ooops that was brother Marleye.

Mr Brown is scottish.
a lot of people are.
He's sounds scottish as well, a lot of them don't.
He looks after the money for the Queen of England who is the Queen of Scotland as well.
A lot of money.
This is an important job, and especially these next few months it is important as lots of the other people who look after lots of money are going to Scotland to Gleneagles to talk about how to stop getting blood from the stone and start making things better.

Phil Bloomer of Oxfam :-

“We welcome Gordon Brown’s proposal of a debt moratorium for countries hit by the Asian Tsunami disaster. Last year Sri Lanka, Indonesia and Thailand paid out $20bn on debt repayment and the total debt burden for the countries affected is $300bn. It would be unforgivable for rich countries to continue to demand repayments in the face of such widespread devastation and such great needs.

It is vital that the money saved is ring fenced so that it reaches the people that need it most. It must also be additional to, rather than included in, the aid money already pledged. Finally, the short-term response to the Tsunami disaster must not replace longer term debt cancellation plans for heavily indebted countries.”

http://www.oxfam.org.uk/press/releases/asiaquake_brown_050104.htm

Here's another take on it from The Scotsman which is bit like Figaro in that your average anti-capitalist doesn't read it, but they do do very good obituaries.

http://news.scotsman.com/latest.cfm?id=3959653

and here's the news that Japan is backing the Brown plan for Tsunami debt relief.

http://www.guardian.co.uk/tsunami/story/0,15671,1383813,00.html

Japan is very rich, but also very strange, they had negative interest rates for a while, which Mr Brown found very interesting, on account of him being the accountant.

Other people who find this riveting are to be found in business class and such like in airplanes who are given a free copy of the Financial Times just like many of you in big cities get a copy of your local rag free to read on the metro/underground.
The FT is printed on silly looking paper. This is so you can spot the well fed gamma reading it from a distance, they like being spotted you know.
Thats why TV and high profile jobs abound with them.
http://news.ft.com/cms/s/f4f49324-5d2b-11d9-bb9c-00000e2511c8.html

Now for the figures.
the proposed plan would add 2,000,000,000$ immediately to the relief kitty in digital money, which covers the fuel expense on the USAF helicopters promised by Colin Powell & it looks really neat on the back of a napkin (sorry we had no other paper to hand) but it doesn't end the concept of world debt.

repeat:-

it doesn't end the concept of world debt.

the Rejected "Marshall Plan" suggestion sounded really good, look at Germany, they did very well didn't they? Look at Ireland and Spain they got next to no Marshall plan money and you got Angela's ashes and Antonio Banderas as Ramon.

we've run out of paper napkins or "serviettes" as the good people of Scotland call them, so we hope you keep trying better.

If you want you too can have colonel bogey on your mobile phone, or send it to a friend. Which helps us all put the nasty memories of the darkness behind us.
http://www.free-ringtones.eu.com/free-ringtones/1325/Misc/Colonel_Bogey_2-ringtone.htm

arigato arigato gozaimasu domo arigato gozaimashita...