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What’s Wrong with the WB & IMF? – Clinton says “We Blew It”
By Michael Cebon | October 28, 2008
Former US President Bill Clnton has delivered a stunning, stinging rebuke to the two institutions he effectively controlled for 8 years of his presidency, when, in a keynote address for World Food Day on October 23, he said:
We need the World Bank, we need the International Monetary Fund, we need all the big foundations, we need all the governments to admit that for 30 years we all blew it, including me, when I was president. We blew it. We were wrong to believe that food is like some other product in international trade. And we all have to go back to a more environmentally responsible, sustainable form of agriculture.
Frankly, this is an extraordinary admission from someone like Clinton, and completely vindicates the work of so many organisations around the world which have worked tirelessly for years making this same point, but to governments which have refused to listen.
Why has the media almost completely failed to report such a revolutionary statement from the ex-leader of the world?
UPDATE: The link above to the UN report is dead, but the full text of Clinton’s original speech can be found at the Clinton Foundation site here.
Topics: Globalisation & Food, IMF & World Bank | 2 Comments »
November 6th, 2008 at 2:27 pm
[...] What’s Wrong with the WB & IMF? – Clinton says “We Blew It” [...]
November 12th, 2008 at 11:45 am
Thanks! Nice post.