In ascending the throne of the banking monopoly-holding reign over most nations currencies Robert Zoellick took a shot at Hugo Chavez’s attempts to shake loose from the tyranny of their oppressions.
While Chavez tries to liberate his nations wealth from the hands of the marauding corporations whose centuries of rape may well come to an end the World Bank is setting its stance to incite disruptions.
In fact Zoellick states “"It's a country where economic problems are mounting, and as we're seeing also on the political and press side it's not moving in a healthy direction," in Mexico. The only unrest is the bankers and corporations who are about to loose the candied egg they were eating from.
Of course Zoellick is not just a friend of GW Bush he was nominated by him for this post.
Venezuela wants to rid itself of the World bank and it is interesting to note the reasons it has stopped is “because of concerns the move could trigger a technical default on its sovereign debt.” This can be interpreted as national default of its loans as it would no longer carry debt paper or acknowledge it as currency. “Notes” as those printed by World Bank and IMF through their national agencies like “the Fed” in the US are “notes”. “I.O.U’s” and therefore not useable for payment of debt. It would mean to get out of debt Chavez would have to relieve himself of the IOUs through redemption of hard gold or oil concessions – both irreconcilable within his ideals.
Chavez would be better off to just tell them to buzz off and take the isolation they will try to put on you. The people will not allow the bankers to carry on long. Push it to the limit Mr. Chavez. Their money is worthless paper and you have real value in your nation and its wealth. Do not allow them this technical legal manipulation. Let them eat their worthless currency
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