Friday, April 6, 2012

IS PNG THE LATEST VICTIM OF ECONOMIC HITMEN?

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When Kevin Rudd was Prime Minister he was removed by Corporations intent on hoarding the profits made from National Wealth. No doubt Corporations run the world. As Papua New Guineans watch this nation crumble (sic) – its crumbling – (sic) we wonder who benefits from this chaos.

I guess who are the Goldman-Sachs of this crisis. Someone must have placed huge bets on resource projects in this country going pear shaped. This is called shorting.

Ever since the ONeil-Namah regime came into power we’ve had too many MAN-MADE DISASTERS.

First was the Airlines PNG Crash that derailed the merger between Airlines PNG and Air Niugini.

We then had the Tumbi Landslide that was triggered by nearby quarrying activity.

Tumbi crisis was then followed by the mutiny by defence force soldiers.

The mutiny was followed by the Rabaul Queen disaster.

Then we had the Cyanide discharge into the Watut River by Morobe Mining owned partly by Newcrest.

We’ve now had a military callout into the Highlands and the shooting of a Worker at Exxon Mobil’s LNG Project.

Readers of John Perkin’s Confessions of an Economic Hitman would be familiar with the scenario that is being played out theatrically in PNG. You go to a country, give them loans for so called development purposes when you know the country is unable to repay and then you fuck up the country.

The obvious thing to do would be to look into payments on Insurance, Credit Default Swaps, Shares and other financial instruments. Someone is making money from our misery and our Politicians may be involved either knowingly or unwittingly. One may also sarcastically congratulate the greedy Vampire Capitalists for creating a mess to their own kind.

The only people who will ride out this storm are the subsistence famers. Indigenous Melanesians still connected to their land will survive this chaotic Western model of Development. Giraun em Laip! Only way out is our Papua New Guinean Ways and these Ways are an affirmation of sovereignty and independence as a People.

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