Connect with us

Alternative News

Woman Shares Her Incredible Paranormal Experience She Had At Brown Mountain, North Carolina

Published

on

In Brief

  • The Facts:

    Brown Mountain, located in North Caronlina, has become known for having many strange occurrences happen around it, and is full of stories from people who've experienced some strange things as well. This article represents one of many examples.

  • Reflect On:

    Why is there such a strong effort to conceal this information and keep it from the public? This is a common theme among those who have proof of their experience, they experience harassment.

What are “paranormal experiences”? I don’t really understand the term anymore, it’s used to describe events and experiences that are out of the ordinary, it implies that these events are not ‘normal.’ It’s almost 2019, and more people are starting to become aware of the fact that “paranormal” experiences are actually quite normal, quite common, and well documented throughout history. We have evidence in the form of video footage, pictures, and actual physical evidence from several different supposed events. Not only that, ‘paranormal’ discoveries have been the subject of rigorous investigations by governments and researchers around the world. The ‘Stargate’ program in the United States, for example, was one that studied these experiences in order to use them for intelligence purposes, and they worked. Here’s a great example from the Central Intelligence Agency’s electronic reading room about an individual who was able to move solid objects through solid barriers, by simply using his mind. You can read more about that, in-depth, here.

advertisement - learn more

We live in a strange world, one in which we don’t quite understand and for the most part, we still shy away from and label findings in the paranormal world as different, not real, pseudoscience or the stuff of imagination. Humanity has a long history of not accepting certain phenomena based on the fact that it may shatter a few of our long-held and ingrained belief systems, wherever they may come from. We also have a long history of phenomena not being acknowledged to protect certain interests. The UFO issue is a great example, where suppression, although kept secret for multiple reasons, is kept due to the new energy and propulsion systems that could come from it.

The story that’s the topic of this article is no different, it will definitely shatter your belief systems if you’re not into this stuff, but if you are, you probably won’t be surprised, especially given the fact that the experience took place at Brown Mountain, North Carolina, which is a place full of stories similar to this one.

Brown Mountain is known for what’s now become known as the “Brown Mountain Lights.” They represent a series of strange lights in the form of multiple colours that are often spotted near or on Brown Mountain. The lights can be seen from multiple spots, there was also help from the city of Morganton (North Carolina) via building an overlook on North Carolina highway 181. They are fairly well known…

Below is one of many pictures floating around the internet from supposed experiences. Below this one is an official ‘verifiable’ one.

advertisement - learn more

A website based in North Carolina who takes interest in this lore explains it quite well:

Brown Mountain is a low ridge in Burke County that, during dry, crisp evenings in the autumn, is host to a genuine and baffling mystery. When conditions are right, mysterious glowing orbs can be seen to rise up off the mountain, hover and wobble about fifteen feet up in the air, and then disappear. There’s no denying that the lights are real. They have been observed by countless witnesses and photographed on many occasions. But what they are is still unknown.

The Brown Mountain Lights have been observed for centuries, and multiple legends have arisen around the phenomenon. The Cherokee were aware of the lights, and according to some accounts claimed that the lights were the souls of Cherokee women searching for their men who had died in a great battle between the Cherokee and the Catawba that took place on Brown Mountain. Another legend says that the lights are the the ghostly echoes of lights that appeared during a search for a murdered woman in the 19th century.

The common theme this site doesn’t seem to include is extraterrestrial or extradimensional.

Below is a video that was taken from Scientists at Appalachian State University, who caught the phenomenon on camera as well. Researchers captured these glowing lights simultaneously by two time-lapse digital video cameras near the mountain, which is located just north of Morganton. The cameras are operated by Daniel Caton and his colleague Lee Hawkins, of the physics and astronomy department at Appalachian State.

The lore of Brown Mountain is filled with so many stories, real stories, from real people, that it’s surprising how little well known it still is.  As far as the lights go, there are many different explanations that have come forth. Everything from extraterrestrial to interdimensional, to ghosts and more.  Skeptics have suggested that they are headlights from automobiles from the valley below, but the lights have been observed for more than one hundred years. If you look up pictures, videos and stories about the phenomenon, you’ll see how ridiculous the headlight explanation is. Some have suggested that the lights could be a naturally-occurring electrical discharge caused by the geological fault line below the mountain.

One Experience (out of many) On Brown Mountain

This story was shared last year by a YouTuber who has a channel called “Insane Disappearances.” This man has done a lot of research into missing persons inside of National Parks. Himself and other researchers in the field describe many similar strange findings that all of these experiences have in common. He managed to conduct an interview with a person who chose to remain anonymous, due to fear. After her experience (she was also with two others), she explains how she was harassed by police as well as park authorities, asking to confiscate the pictures and the video footage she took. She kept receiving calls on a regular basis from authorities asking her about her experience, and on multiple occasions, authorities emphasized how it was a long day, she was dehydrated and simply hallucinating.

I don’t usually share stories that comprise simply of witness testimony, but after listening to this woman’s story, seeing the pictures and watching her videos of her experience, it really resonated with me and really came across in an extreme genuine fashion. The way she was telling it just makes me believe this is a genuine person who actually had a strange experience. What was also interesting to note was her urgency in getting the pictures as well as the videos up online for public access before they could be taken away from her.

The story starts off with the woman hiking with her friends. All of a sudden, her friends instantly disappeared from the trail, but everything else remained the same. She started to look for them and began to experience strange things, like the path shifting, noticing water streams in an area of the mountain where she was sure there were no streams. She heard strange noises, and captured shots of a strange orange glowing orb that appeared to follow her. She also claims that sometimes, this apparition took on the form of a humanoid looking being. Her friends also had unique experiences as she did, and when they eventually came out of the situation, they compared notes, pictures, footage and stories…

As the day progressed, I kept feeling like, almost like the forest was kind of re-arranging itself around me. I swear that I turned directly behind me but the trail would be different… I also kept hearing things and weird whooshing of air… I kept seeing what looked like these bright orange colours that were, I don’t know if they were following me…

Here’s a message from the YouTube video description:

If you have an open mind this is the place to be. Join me, become intrigued as I case-read the four hundred and eleven baffling unsolved cases about hundreds of random people from clusters all over the globe who mysteriously vanish without a trace and are either never seen again or found hundreds of miles away from their last known location; deceased under weird circumstances. Todays episode is a validations interview that will answer all your questions about what happens to people who venture into our national parks to never be seen or heard from again. But with evident proof like this everyone’s perception will always be different because of their own level of experiences. So with that being said I believe her because the people that weren’t there to see what she saw are not going to believe her at first because those people are looking for extensive detailed analyzation, picking apart the evidence in her footage, lie detector tests, etc. at the end of the day she had an experience; an amazing yet creepy experience that answered every single question ever asked

It might be time to plan a trip to Brown Mountain ;). You can find all of the pictures, footage and interviews on his channel if you want to dive into this particular mystery a little further!

The Takeaway

There is a simple takeaway message that goes with this article and it’s the fact that it’s okay to entertain an idea without accepting it. It’s also important to acknowledge phenomena that are not ‘officially’ acknowledged within the mainstream as ‘real,’ simply because these realities have tremendous implications, and they are indeed real. Strange stories, occurrences, and footage coming out of this area confirm without a doubt that the phenomenon of the Brown Mountain lights are indeed real, as far as what they are, remains to be unknown.

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Advertisement
advertisement - learn more

Alternative News

Multiple Investigations Reveal Secrets About Where US Tax Dollars Are Really Going

Published

on

In Brief

  • The Facts:

    Multiple investigations and testimony from high ranking sources have discovered that trillions of dollars of our tax dollars are going towards programs that not even the highest ranking people within government know about.

  • Reflect On:

    Why are we made to believe our taxes dollars are going towards necessary services that favour the population? Why do we so easily trust our government and take their word for it when evidence says otherwise.

It’s amazing how much money is scraped off of each paycheque, and how much money multiple small and big businesses pay. We are told that it’s necessary, that this is the money going towards various programs that are responsible for building our schools, employing people for necessary services and infrastructure, among many other things. It’s truly amazing how much money governments rake in from taxes.

It’s an astronomical amount that makes it hard to see how all of the money is allocated to services that are in the people’s favour, instead of the possibility of it going into the pockets of certain politicians and elitists, among other places. Yet we are heavily taxed, and reasons for taxation are constantly brought up and justified, almost as if to imply that there really is no other way of changing things and doing things differently here on planet Earth. Our potential is huge, yet we are convinced that money and taxation are our only ways to operate.

Sure, some of our taxes are going toward various needs and services we deem necessary, but how much off of our paycheques is really required for this? Judging by the amount of money that has been poured into black budget programs, it doesn’t seem like much is needed at all, and this is because trillions upon trillions of our tax dollars are actually going towards projects that the public has absolutely no idea about.

These projects are known as ‘black budget programs,’ which include Special Access Programs (SAPs). Within these we have unacknowledged and waived SAPs. These programs do not exist publicly, but they do indeed exist. They are better known as ‘deep black programs.’ A 1997 US Senate report described them as “so sensitive that they are exempt from standard reporting requirements to the Congress.”

Not many people have investigated the black budget world, but The Washington Post revealed that the “black-budget” documents indicate that a staggering 52.6 billion dollars was set aside for operations in fiscal year 2013.(source) More recent investigations, however, reveal a lot more than that.  The topic was discussed in 2010 by Washington Post journalists Dana Priest and William Arkin. Their investigation lasted approximately two years and concluded that America’s classified world has:

Become so large, so unwieldy and so secretive that no one knows how much money it costs, how many people it employs, how many programs exist within it or exactly how many agencies do the same work. (source)

advertisement - learn more

Recently, Arkin quite NBC/MSNBC  and went public outing them as completely fake government run agencies. You can read more about that hereHere is another article we published that has links within it to documents showing the close relationship between mainstream media, academia, and the CIA.

The most recent investigation was conducted by economist and Michigan State professor Mark Skidmore, alongside some of his graduate students as well as Catherine Austin Fitts, former assistant secretary of Housing and Urban Development. They discovered trillions of unaccounted for dollars missing from the Department of Housing & Urban Development as well as the Department of Defense. For their research, the team used several government websites and made inquiries to multiple U.S. agencies. Much of the time they received no response and the Office of the Inspector General even disabled links to all key documents that revealed unsupported spending, according to the team.

Given the Army’s $122 billion budget, that meant unsupported adjustments were 54 times spending authorized by Congress. Typically, such adjustments in public budgets are only a small fraction of authorized spending… Skidmore thought Fitts had made a mistake. “Maybe she meant $6.5 billion and not $6.5 trillion,” he said. “So I found the report myself and sure enough it was $6.5 trillion.” – Michigan State News.

They went on to find documents indicating a total of $20 trillion worth of undocumented adjustments made from 1998 t0 2015. Our tax dollars are going directly into these black budget programs, which often cost far more than our roads and services. If this information was made transparent and public for discovery and use, it would leap all of humanity into the stars and into new discovery and exploration. The implications would be huge, and it would force us to ask more questions.

Here’s a great quote from Paul Hellyer.

It is ironic that the U.S. would begin a devastating war, allegedly in search of weapons of mass destruction when the most worrisome developments in this field are occurring in your own backyard.  It is ironic that the U.S. should be fighting monstrously expensive wars  allegedly to bring democracy to those countries, when it itself can no longer claim to be called a democracy when trillions, and I mean thousands of billions of dollars have been spent on projects which both congress and the commander in chief know nothing about. (source)

What’s even more interesting is that Fitts has been quite outspoken about a secret space program and where this missing money is actually going. She explains how enormous amounts of resources were handed over to covert operations to develop a security system of finance. This then created the CIA and a select group of people who were in charge of UFO technology. “By the time JFK came into office ready to challenge this shadow government and make space program the centrepiece of his administration, the civil war between the Deep State and the public state was in full force.” (source)

Interesting to say the least.

Deeper Black Budget Discussion On CETV

CETV is a platform we created in order to combat censorship and demonetization we have been facing over the past few years. On episode 4 of The Collective Evolution Show on CETV, we discussed the Black Budget in much deeper detail. Below is a clip exploring the validity behind missing money from the black budget and special access programs, explaining where the money is going and what exactly it’s being used to do.

You can become a member of CETV, get access to the full show and many others, and support conscious media here.

The Takeaway

The takeaway here is to really question what’s going on with our tax dollars. Whose pockets is the majority of money going into, and for what purpose? What are we really paying for? Secret space programs? Deep underground and under ocean military bases?  Have we just been made to believe that the way we are taxed is absolutely necessary? What is really going on here and how come nobody is questioning it?

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Continue Reading

Alternative News

Investigation Shows The MMR Vaccine Was Approved Based On Small Studies Showing Disturbing Results

Published

on

In Brief

  • The Facts:

    A FOIA request by Del Bigtree reveals that the 8 studies supporting the release of the MMR vaccine were only 6 weeks long, used only 800 children, and led to damaging respiratory and gastrointestinal illnesses to many of the children.

  • Reflect On:

    Are we ready to collectively deal with the implications of ongoing revelations of industry malfeasance with regards to vaccines that for some may require a shift in long-held beliefs?

Amidst a rash of efforts to bring forward mandatory vaccination in pockets of the United States is the recent move in New York City to declare a public health emergency Tuesday over a measles outbreak and order mandatory vaccinations in one neighborhood for people who may have been exposed to the virus.

Mayor Bill de Blasio announced the unusual order to address what he said was a measles “crisis” in Brooklyn’s Williamsburg section, where more than 250 people have gotten measles since September. The order applies to anyone living, working or going to school in four zip codes in the neighborhood. The declaration requires all unvaccinated people who may have been exposed to the virus to get the vaccine, including children over 6 months old. People who ignore the order could be fined $1,000.

Challenging Assumptions

This kind of invasive move gives rise to several serious questions, including challenging many of the assumptions that are necessarily made to justify such a move.

Assumption #1: People who may have been infected with the measles should get vaccinated immediately. De Blasio wants people who may have been infected with the measles to get vaccinated. The assumption here is that the vaccine would actually help someone who has the virus by preventing them from getting the measles or preventing them from spreading it to others. But this just doesn’t stand to reason. If someone is already infected, getting a measles vaccine will not prevent the outbreak. That’s not what a vaccine is designed for. And while the person is going through the 2-week period it takes for the vaccine to take hold, it’s quite possible that this will weaken the immune response to the actual measles infection the person has. Quarantining people suspected of being infected would be the sensible response, not vaccinating. If they happen to have the measles, no problem. Once they recover they will then be immune for life.

Assumption #2: The MMR Vaccine Can Create Herd Immunity. There is an article in the Huffington post entitled ‘I’m No Anti-Vaxxer, But the Measles Vaccine Can’t Prevent Outbreaks,’ in which Dr. Gregory Poland, who strongly advocates for vaccines, notes that outbreaks are often initiated and spread by people who have been fully vaccinated against the measles–over 50% in the case of a 2011 outbreak in Quebec. How is this possible? While this Quebec outbreak happened within a community that supposedly had achieved herd-immunity status of over 95% vaccinated, the facts are, as the article notes, that “9 per cent of children having two doses of the vaccine, as public health authorities now recommend, will have lost their immunity after just seven and a half years. As more time passes, more lose their immunity.” Therefore, herd immunity for measles is simply impossible to achieve with this vaccine.

advertisement - learn more

Assumption #3: The MMR Vaccine, in de Blasio’s words, is ‘safe, effective, and life-saving.’ The claim that the MMR vaccine is ‘life-saving’ does not stand up to simple statistics, as we detail in our article ‘Statistics Show The MMR Vaccine Kills More People Than The Measles Does.’ Whether it is effective, we have already seen that it is incapable of creating herd immunity, wanes over time, does not work at all for some people, and in some of the latest outbreaks the majority of people infected were fully vaccinated. Is it safe? This is the important question we cover in the next section.

The Studies That Stand Behind The Approval Of the MMR Vaccine

The pharmaceutical industry, as well as governmental regulatory bodies like the CDC and the FDA, assure the public that they take the safety of vaccines seriously, and that there is irrefutable science behind the notion that vaccines are safe in terms of the studies that their approval is based on.

However, a Freedom of Information Act request by Del Bigtree has revealed absolutely startling information about the studies that supported the approval of the MMR vaccines that have been injected into our children. To begin with, only 8 studies were conducted and the total combined number of children participating in the studies was only a little over 800! Furthermore, the studies only recorded symptoms for the first 6 weeks after the vaccines were given, unlike many other drug studies that follow symptoms for 5 years or more. And finally, the study revealed serious side-effects in those receiving the vaccine, including a highly significant number of participants who suffered upper respiratory illness and gastrointestinal illness, which has been linked to autism.

In our latest episode of The Collective Evolution Show on CETV, Joe, Arjun and I discussed New York’s mandatory vaccination order as well as Del Bigtree’s analysis of the MMR studies he received and the reason that Big Pharma not only does not want to do proper, large-scale studies on the safety of vaccines, but they also want to try to prevent other researchers like Dr. Christopher Exley from doing so as well.

You can watch the full episode of The Collective Evolution Show where we talk about this subject in more detail here.

You can go here to see the full episode of ‘The Highwire’ where Del Bigtree breaks down the MMR studies in question.

The Takeaway

The veils of illusion that have been masking the truth are lifting as our consciousness awakens. Transparency is coming, though how long it takes will depend on our continued efforts to dig for and spread the truth far and wide.

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Continue Reading

Alternative News

Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank As “Unconventional” Weapons

Published

on

Buenos Aires, Argentina, May 14, 2018. Natacha Pisarenko | AP

In Brief

  • The Facts:

    In light of recent events in Venezuela Wikileaks published a revealing document that highlights the fact that financial institutions are not independent, that they are owned by, and in turn own/work together with the US government to fulfill agendas.

  • Reflect On:

    The secrecy in our world runs rampant, under the guise of 'national security' when it's really because secrets need to be kept to avoid the population waking up to the tremendous amount of unethical corruption that plagues our geopolitical world.

As most of you reading this will know, Julian Assange was recently dragged out of the Ecuadorian Embassy. Assange has long been subjected to ridicule and character assassination by the Deep State owned mainstream media, and for one reason, it’s the same reason they’ve been wanting to snatch him up for so long.

It’s because for years he has been sharing information that the global elite around the world did not want him to share. He’s been publishing information that threatens various elitist, corporate, and political interests around the globe as well as information showing just how much the public is deceived to, lied to, and manipulated in several different ways in order to justify actions that do not resonate with the majority of people on planet Earth.

Various media outlets have been silenced, censored, and have and their revenue streams taken away, including us. This is why we created CETV, a platform to combat the censorship we are currently experiencing.

In Episode 5 of The Collective Evolution Show, we go deep into Assange’s arrest. The purpose was to explore the deeper details behind why Assange is a threat to power structures as opposed to being a COINTEL or psy-op as some are suggesting. We understand this position, and duke it out on our episode of The CE Show, but there are areas we must discuss with this.

I also recently published an article about his arrest, and the truth behind his arrest: What Julian Assange’s Arrest Tells Us About Our World.  We’ve published many Wikileak leaks as well, the latest one being a document exposing a “Secret Us Base on the Moon.”

I recently came across an article published on MintPress NewsIt was written by Whitney Webb is, who is a staff writer for MintPress News and has contributed to several other independent, alternative outlets. Her work has appeared on sites such as Global Research, the Ron Paul Institute and 21st Century Wire among others. She also makes guest appearances to discuss politics on radio and television. She currently lives with her family in southern Chile.

advertisement - learn more

In her article, she references a leaked military manual on “unconventional warfare” that was recently highlighted by WikiLeaks. The U.S. Army states that major global financial institutions — such as the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) — are used as unconventional, financial “weapons in times of conflict up to and including large-scale general war,” as well as in leveraging “the policies and cooperation of state governments.”

She put it so well below that we have posted it below:

The document, officially titled “Field Manual (FM) 3-05.130, Army Special Operations Forces Unconventional Warfare” and originally written in September 2008, was recently highlighted by WikiLeaks on Twitter in light of recent events in Venezuela as well as the years-long, U.S.-led economic siege of that country through sanctions and other means of economic warfare. Though the document has generated new interest in recent days, it had originally been released by WikiLeaks in December 2008 and has been described as the military’s “regime change handbook.”

WikiLeaks’ recent tweets on the subject drew attention to a single section of the 248-page-long document, titled “Financial Instrument of U.S. National Power and Unconventional Warfare.” This section in particular notes that the U.S. government applies “unilateral and indirect financial power through persuasive influence to international and domestic financial institutions regarding availability and terms of loans, grants, or other financial assistance to foreign state and nonstate actors,” and specifically names the World Bank, IMF and The Organisation for Economic Co-operation and Development (OECD), as well as the Bank for International Settlements (BIS), as “U.S. diplomatic-financial venues to accomplish” such goals.

The manual also touts the “state manipulation of tax and interest rates” along with other “legal and bureaucratic measures” to “open, modify or close financial flows” and further states that the U.S. Treasury’s Office of Foreign Assets Control (OFAC) – which oversees U.S. sanctions on other nations, like Venezuela — “has a long history of conducting economic warfare valuable to any ARSOF [Army Special Operations Forces] UW [Unconventional Warfare] campaign.”

This section of the manual goes on to note that these financial weapons can be used by the U.S. military to create “financial incentives or disincentives to persuade adversaries, allies and surrogates to modify their behavior at the theater strategic, operational, and tactical levels” and that such unconventional warfare campaigns are highly coordinated with the State Department and the Intelligence Community in determining “which elements of the human terrain in UWOA [Unconventional Warfare Operations Area] are most susceptible to financial engagement.”

The role of these “independent” international financial institutions as extensions of U.S. imperial power is elaborated elsewhere in the manual and several of these institutions are described in detail in an appendix to the manual titled “The Financial Instrument of National Power.” Notably, the World Bank and the IMF are listed as both Financial Instruments and Diplomatic Instruments of U.S. National Power as well as integral parts of what the manual calls the “current global governance system.”

Furthermore, the manual states that the U.S. military “understand[s] that properly integrated manipulation of economic power can and should be a component of UW,” meaning that these weapons are a regular feature of unconventional warfare campaigns waged by the United States.

Another point of interest is that these financial weapons are largely governed by the National Security Council (NSC), which is currently headed by John Bolton. The document notes that the NSC “has primary responsibility for the integration of the economic and military instruments of national power abroad.”

“Independent” but controlled

Though the unconventional warfare manual is notable for stating so openly that “independent” financial institutions like the World Bank and the IMF are essentially extensions of U.S. government power, analysts have noted for decades that these institutions have consistently pushed U.S. geopolitical goals abroad.

Indeed, the myth of World Bank and IMF “independence” is quickly eroded by merely looking at the structure and funding of each institution. In the case of the World Bank, the institution is located in Washington and the organization’s president has always been a U.S. citizen chosen directly by the president of the United States. In the World Bank’s entire history, the institution’s Board of Governors has never rejected Washington’s pick.

This past Monday, it was reported that President Donald Trump nominated former Bear Stearns economist David Malpass to lead the World Bank. Malpass had famously failed to foresee the destruction of his former employer during the 2008 financial crisis and is likely to limit World Bank loans to China and to countries allied or allying with China, given his well-established reputation as a China hawk.

In addition to choosing its president, the U.S. is also the bank’s largest shareholder, making it the only member nation to have veto rights. Indeed, as the leaked unconventional warfare manual notes, “As major decisions require an 85% supermajority, the United States can block any major changes” to World Bank policy or the services it offers. Furthermore, the U.S. Treasury Secretary, former Goldman Sachs banker and “foreclosure king,” Steve Mnuchin, functions as the World Bank’s governor.

Though the IMF is different from the World Bank in several respects, such as its stated mission and focus, it too is largely dominated by U.S. government influence and funding. For instance, the IMF is also based in Washington and the U.S. is the company’s largest shareholder — the largest by far, owning 17.46 percent of the institution – and also pays the largest quota for the institution’s maintenance, paying $164 billion in IMF financial commitments annually. Though the U.S. does not choose the IMF’s top executive, it uses its privileged position as the institution’s largest funder to control IMF policy by threatening to withhold its IMF funding if the institution does not abide by Washington’s demands.

Protestors hold an effigy of Captain America with a photo of IMF Director Christine Lagarde during meetings by the IMF and World Bank in Lima, Peru, Oct. 9, 2015. Geraldo Caso Bizama | AP

As a consequence of the lopsided influence of the U.S. on these institutions’ behavior, these organizations have used their loans and grants to “trap” nations in debt and have imposed “structural adjustment” programs on these debt-saddled governments that result in the mass privatization of state assets, deregulation, and austerity that routinely benefit foreign corporations over local economies. Frequently, these very institutions – by pressuring countries to deregulate their financial sector and through corrupt dealings with state actors – bring about the very economic problems that they then swoop in to “fix.”

Guaidó hits up IMF

Given the close relationship between the U.S. government and these international financial institutions, it should come as little surprise that – in Venezuela – the U.S.-backed “interim president” Juan Guaidó – has already requested IMF funds, and thus IMF-controlled debt, to fund his parallel government.

This is highly significant because it shows that top among Guaidó’s objectives, in addition to privatizing Venezuela’s massive oil reserves, is to again shackle the country to the U.S.-controlled debt machine.

As the Grayzone Project recently noted:

Venezuela’s previous elected socialist president, Hugo Chávez, broke ties with the IMF and World Bank, which he noted were “dominated by US imperialism.” Instead Venezuela and other left-wing governments in Latin America worked together to co-found the Bank of the South, as a counterbalance to the IMF and World Bank.

However, Venezuela is far from the only country in Latin America being targeted by these financial weapons masquerading as “independent” financial institutions. For instance, Ecuador – whose current president has sought to bring the country back into Washington’s good graces – has gone so far as to conduct an “audit” of its asylum of journalist and WikiLeaks publisher Julian Assange in order to win a $10 billion bailout from the IMF. Ecuador granted Assange asylum in 2012 and the U.S. has fervently sought his extradition for still sealed charges ever since.

In addition, last July, the U.S. threatened Ecuador with “punishing trade measures” if it introduced a measure at the UN to support breastfeeding over infant formula, in a move that stunned the international community but laid bare the willingness of the U.S. government to use “economic weapons” against Latin American nations.

Beyond Ecuador, other recent targets of massive IMF and World Bank “warfare” include Argentina, which awarded the largest IMF bailout loan in history just last year. That loan package was, unsurprisingly, heavily pushed by the U.S., according to a statement from Treasury Secretary Mnuchin released last year. Notably, the IMF was instrumental in causing the complete collapse of the Argentinian economy in 2001, sending a poor omen for last year’s approval of the record loan package.

Though it was released over a decade ago, this “U.S. coup manual” recently highlighted by WikiLeaks serves as a salient reminder that the so-called “independence” of these financial institutions is an illusion and that they are among the many “financial weapons” regularly used by the U.S. government to bend countries to its will and even overthrow U.S.-disfavored governments.

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Continue Reading
advertisement - learn more
advertisement - learn more

Video

Pod