HIGH STAKES GAMES IN KENYA
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Video Title
Exploitation of Haiti’s Natural Resources and Economic Impact of IMF Policies in Kenya:
In 2004, European interests returned to Haiti as landowners and proprietors, constructing the largest U.S. Embassy in the Western Hemisphere and the fourth largest in the world. This massive footprint contradicts claims of Haiti’s lack of resources. As locals go about their daily lives, clandestine operations are ongoing, extracting valuable materials from Haitian soil. Companies mining gold in the north leave gaping holes without providing any benefits to the local communities. Kenya is preparing to deploy its police and military personnel to engage against elements of Haiti’s society in what appears to be against the will of the Kenyan people.
Haiti’s untapped oil reserves, reportedly more extensive than Venezuela’s, are believed to be a vast resource. Haitian geologists describe the country’s oil potential as significantly more substantial than that of Venezuela, suggesting that Haiti sits on a “swimming pool” of oil compared to Venezuela’s “cup of water.” The unique geological position of Haiti on four tectonic plates contributes to this abundance.
Additionally, Haiti possesses rare extraterrestrial materials, found only in South Africa and Haiti, with high heat resistance used in spacecraft manufacturing. According to Professor Henry Vixamar, one ton of Haiti’s iridium is valued at $45 billion, with entire mountains of this precious material being extracted under the guise of UN operations. Since 1986, U.S. military activities have focused on extracting iridium and other valuable resources, including an estimated $20 billion worth of gold, $8 billion worth of copper, and $120 billion worth of oil.
Meanwhile, in Kenya, President William Ruto’s administration is employing a strategy reminiscent of George Bush’s “shock and awe” military tactic. This approach aims to implement controversial laws under the guise of overwhelming power, particularly through the Finance Bill 2024, which proposes significant tax hikes on essential items like bread, milk, flour, pesticides, fertilizers, and sanitary pads. The rationale behind these measures appears to be driven by external influences, particularly the IMF and World Bank, which dictate Kenya’s revenue strategies.
Kenya’s government officials and parliament members often struggle to justify these tax increases, highlighting the influence of powerful external entities. The IMF-backed medium-term revenue strategy requires the government to increase revenue through various tax measures over the next three years. This strategy ensures that some controversial tax proposals will likely become law, further burdening workers who are already facing higher monthly contributions to national funds and other levies.
The IMF and World Bank’s influence over Kenya’s financial policies has sparked significant public outcry. Critics argue that these external forces are dictating domestic policies that adversely affect millions of workers. The call to action emphasizes that only through collective resistance can the people counteract these economic pressures and regain control over their financial future.
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Mechanical/Solar Engineer, Prof. Oku Singer
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