Monday, March 17, 2014

IMF Plans Massive Austerity for Ukraine According to Crimea Leaders

Brandon Turbeville
Activist Post

If statements made by Deputy Prime Minister of Crimea, Olga Kovitidi, are to be taken as truth, the future of Ukrainians living under the yoke of Fascists, the European Union, and the IMF will be yet another example of the imposition of extreme austerity measures and national impoverishment that is the fruit of alignment with those institutions.

The Western-backed coup government in Kiev, of course, has already gone begging to the IMF for financial help after it turned its back on a much better loan offered by Russia. The conditions of the IMF loans are, as always, extreme levels of austerity measures and privatization of public services and assets.

Kovitidi, however, provides much more specific information regarding the nature of the IMF conditionalities.

The Deputy Prime Minister claims that the tentative IMF agreement involves handing over the entire country’s gas pipeline for free to the American company Chevron. She also claims that the owners of the Mariupol, Zaporizhzhya, and Dnipropetrovsk steel mills will be required to give up 50% of the ownership stakes to German company Ruhr.

The Finnish subsidiary of Ruhr, according to Kovitidi, will inherit the Donbass coal industry.

Kovitidi also stated that Crimean leaders have discovered that Kiev has promised Western financial interests that it will impose “unpopular measures in order to fill gaps in the Ukrainian budget.” One of these unpopular measures will be the rollback of mechanisms functioning as gas subsidies, forcing the prices of gas for municipal companies to increase by 50% and double for private companies.

Kovitidi also said that “Electricity tariffs will be raised by 40%, housing utility tariffs will be raised, too, gasoline excises will go up 60% and transportation tariffs 50%, while state support for childbirth will be cancelled, the free distribution of textbooks will be annulled at schools and the VAT relief will be scrapped in rural regions.”

A VAT (Value-Added Tax) is also being planned for medications, Kovitidi said.

She also claims that there is a plan to sell off Ukraine’s very rich and fertile farmland to international corporations and foreign countries. Kovitidi states, “The planned annulment of the moratorium on the sale of farmland looks appalling. The selloff of Ukraine's black soil zone, including to foreign countries, may have disastrous economic and social consequences.”

Indeed, Ukraine’s “black earth” region has been sought after by dictators, oligarchs, imperialists, and financiers for many years due to its rich and productive food production capabilities.

Whether or not the details of the IMF agreement are exactly the same as the specific concerns Kovitidi has expressed in her statement, the fact is that the IMF is nothing more than an agent of the world banking elite and predatory financier oligarchs that seek to parasitize on a nation of people already on their knees.

When it comes to true success stories, the IMF has a track record of zero.

In the end, and by this time in history, any leader who gets in bed with the International Monetary Fund should be recognized as a traitor or a fool.

Recently by Brandon Turbeville:
Brandon Turbeville is an author out of Florence, South Carolina. He has a Bachelor's Degree from Francis Marion University and is the author of six books, Codex Alimentarius -- The End of Health Freedom, 7 Real ConspiraciesFive Sense Solutions and Dispatches From a Dissident, volume 1 and volume 2, and The Road to Damascus: The Anglo-American Assault on Syria. Turbeville has published over 275 articles dealing on a wide variety of subjects including health, economics, government corruption, and civil liberties. Brandon Turbeville's podcast Truth on The Tracks can be found every Monday night 9 pm EST at UCYTV.  He is available for radio and TV interviews. Please contact activistpost (at) 

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Anonymous said...

I truly hope this is not the case. If so, Bad things cometh. Far worse than can be foretold for the people of Ukraine.

Anonymous said...

Another holodomor in the making.

Anonymous said...

People have the government that they deserve!

singularity said...

Predictable progression of the banking-warfare model of world domination, yet no matter how times this scenario repeats it's still stomach churning to learn the details.

Thank you, Brandon, for keeping us informed and up-to-date on these matters.

Anonymous said...

IMF, Who elected them!

Anonymous said...

send O with a musket---and a Kerry with his bagpipe.

brianconcannon said...

The IMF and the International Zionist banksters are a cancer upon humanity
Putin's Russia is the best thing that could possibly happen for the Ukraine
Yats the yid is the absolute worst thing to happen to the Ukraine by selling it out to the IMF, the Rothschilds and their bankster associates
A world in austerity is the main weapon for these parasites to humanity to implement their one world government NWO globalization scam of the world

Anonymous said...

american jews rapeing a country. so what else is new. they do it all the time.

Anonymous said...

The IMF and World Bank work for the Jesuit's Vatican Bank called the Institute for Religious Works.

FunCoTech said...

And the Vatican bank is run by the chosen ones - has need for more than a Centuary...

Anonymous said...

This is merely the beginning of Western style looting after Western inspired destabilization of democratic government.
This scenario has been played out in many countries of the world where a countries raw materials (oil or mineral), or geopolitical strategic importance, make it a target.
Ukraine has natural gas deposits which will reduce the EU dependence on natural gas from Gazprom (currently 40% of EU consumption)

Anonymous said...

No matter the reason, being too afraid, willfully ignorant, or part of the looting, this is a self defeating behavior in any society.

We already have Rome and many other examples to PROVE this, but the people engaged in this are not right in the mind.

They all are convinced THEY are different.

The world will not be destroyed by those doing the evil but by those doing nothing about it.

Will history record we only documented our demise instead of acting against it?

Anonymous said...

I guess western Ukrain "privetisable" ,that is to say "enslavable" ; fracktible" ; and "roundup-ready"....

Anonymous said...

it's all about the natural resources....... and Russia is the richest in natural capital

Anonymous said...

Russia has vast reserves of natural rsourses including precious metals and does not have to rely on world trade and imports. It can tell the IMF a subsidarary of the world bank to go to hell and Nationalize the Central Bank printing their own money based on precious metals, barter exchange contracts and labor treasury certificates.

Anonymous said...

@Anonymous March 17, 2014 at 2:23 PM
Hey, what have you been smoking? What do you mean "I hope it is not the case..."? Have you looked at what happened to Greece, Ireland, Spain, etc. This is UN Agenda 21 in action. Why do you think Obama is shutting down your coal power stations?

Anonymous said...

The eyes of the world have witnessed this over and over how many times now. Are these people asleep or being kept in the dark by their media. Anybody who lets the IMF give them a "loan" is suffering from mental illness.
They don't loan countries money, they buy them then rape them for everything they can get out of them. Wake up Ukraine.

Rabbit said...

Given the propensity for the Ukrainian mafia and criminals to do things in their own inimitable style, I'm sure they will more than make up for this blow to their economy, by making good use of those new EU passports they'll be issued. Travel anywhere within the rich pickings of the EU without need for visas even. Drugs, prostitution, child trafficking and organised theivery on a gargantuan scale, (as in entire roads worth of overhead copper wires, lead off houses and even the bitumin off the road surface if they have a buyer for it.) and enough to make the Roma seem positively good neighbors by comparison.

Anonymous said...

If you think Ukraine is silly in wanting to be with Europe, what should they do. Because there is no chance of them going back with Russia, they already made that choice back in 1991, so now what?

Anonymous said...

Remember the HOLODOMOR?

WATCH OUT FOR FALSE-FLAG EVENTS, From Mar. 19th through May 1st

Mark Passio On The "Occult Season of Sacrifice" (Mar. 19 - May 1)

WHO, exactly, is behind it all? Watch the following, CAREFULLY. TAKE NOTES.

Michael Tsarion - Red Ice Live: The Brotherhood of Death 1/2

Michael Tsarion - Red Ice Live: The Brotherhood of Death 2/2

Anonymous said...

"When it comes to true success stories, the IMF has a track record of zero."

Depends on where you're sitting.

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