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Tuesday, May 01, 2007

Go Chavez

Venezuela's president, Hugo Chavez, has just announced Venezuela's withdrawal from the World Bank and the IMF - two global institutions responsible for more collective suffering and desperation in the global South than all the tsunamis, hurricanes, and earthquakes of the last century combined.

He plans to create an alternative lending bank, run by South American nations and funded in part with his OPEC nation's high oil revenue.

You GO, Chavez.

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