DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - America and the west are in deep economic trouble

**Storwaytozy** · 09-04-2012, 03:22 AM

This video, which has just gone up on YouTube, tells the tale of the formation of the International Monetary Fund.

Interestingly, it's been placed on YouTube by the IMF itself, which has its own YouTube channel. You can read the description of the IMF above.

The newsreel, which must have been put together in the 1940s or early 1950s, sounds like any other Western propaganda of the time. The sonorous voice-over of the narrator telling us what to believe is especially noteworthy – and would be amusing if one didn't already know how much suffering the IMF has caused.

The entire construction of the fund is covered in just eight minutes and one could come away convinced, as many no doubt did, that the IMF was the brainchild of the "world community" – and was "essential to winning and preserving the peace."

Those were the words of Harry Dexter White, who is given a big role in explaining the IMF's progress throughout the newsreel. Of course, from a distance of 60 years we can see that virtually none of the promises made about the IMF were kept.

It hasn't proved to be an agent of peace but merely another facility of power elite exploitation. Nonetheless, it's instructive to see how it was pitched to a perhaps more gullible public yearning for institutions of prosperity after a troubled time.

https://www.youtube.com/watch?featur...&v=s2OeN-im044
There is annoying music to the video in places.

09-04-2012, 03:22 AM	#2
Storwaytozy Join Date Oct 2005 Posts 480 Senior Member	This video, which has just gone up on YouTube, tells the tale of the formation of the International Monetary Fund. Interestingly, it's been placed on YouTube by the IMF itself, which has its own YouTube channel. You can read the description of the IMF above. The newsreel, which must have been put together in the 1940s or early 1950s, sounds like any other Western propaganda of the time. The sonorous voice-over of the narrator telling us what to believe is especially noteworthy – and would be amusing if one didn't already know how much suffering the IMF has caused. The entire construction of the fund is covered in just eight minutes and one could come away convinced, as many no doubt did, that the IMF was the brainchild of the "world community" – and was "essential to winning and preserving the peace." Those were the words of Harry Dexter White, who is given a big role in explaining the IMF's progress throughout the newsreel. Of course, from a distance of 60 years we can see that virtually none of the promises made about the IMF were kept. It hasn't proved to be an agent of peace but merely another facility of power elite exploitation. Nonetheless, it's instructive to see how it was pitched to a perhaps more gullible public yearning for institutions of prosperity after a troubled time. https://www.youtube.com/watch?featur...&v=s2OeN-im044 There is annoying music to the video in places.
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