[Congressional Record Volume 145, Number 142 (Tuesday, October 19, 1999)]
[House]
[Page H10188]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   PRESCRIPTION FOR DISASTER FROM IMF

  (Ms. McKINNEY asked and was given permission to address the House for 
1 minute.)
  Ms. McKINNEY. Mr. Speaker, the IMF fiddles while the world's poorest 
countries burn, in poverty, disease, ignorance and debt. The 
International Monetary Fund uses its control over global finances to 
impose economic and social policies on poor countries. The result: poor 
people in poor countries have virtually no health care, no education, 
and crippled economies.
  The IMF is not a doctor with a cure, it is a quack selling poison 
potions. The United Nations just released a report saying that over 800 
million people go to bed hungry every night, and the world's three 
richest people, Bill Gates, Warren Buffet and Paul Allen, have more 
than the GNP of all poor countries on the planet combined.
  The time to act is now. We must stop the IMF from imposing austerity 
and poverty on countries too poor and hungry to fight back.

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