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Posted at 2:20 PM ET, 04/23/2010

IMF protests begin in D.C.

By Washington Post editors


Opponents of the International Monetary Fund and the World Bank are protesting in the nation's capital.

About 20 activists gathered early Friday afternoon ahead of IMF and World Bank meetings this weekend in Washington. They say the international institutions favor banks and corporations and drive struggling economies into debt and poverty.

Protesters began a 5K-run in Meridian Hill Park through northwest D.C. and plan to end at a park across from the IMF and World Bank buildings. About 20 people on foot and bicycles — and one person on a skateboard — are traveling down 16th Street with a police escort, carrying a banner that reads “A Run on the Bank.”

D.C. police say several streets around the IMF and World Bank will be closed starting at 7:30 p.m. Friday until 5 p.m. Sunday. There also will be parking restrictions in those areas.

-- Associated Press

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By Washington Post editors  | April 23, 2010; 2:20 PM ET
Categories:  DC  | Tags:  International Monetary Fund, World Bank  
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Comments

"They say the international institutions favor banks and corporations and drive struggling economies into debt and poverty."

This is very true. But I was at the event outside the World Bank earlier today, and the protesters' message was far more than this. Specifically, protesters called for a half-penny tax on high-finance transactions to fund job creation, AIDS drugs, and climate change mitigation. There were specific estimates of how much the proposal would raise under different circumstances.

I hope that those details will come in a later article, and that the Post and AP aren't going to stop at this brief and very general report.

Posted by: matt731 | April 23, 2010 5:56 PM | Report abuse

Ah yes! The anarchists, communists and general wierdos will come out as usual.

Posted by: madmike272 | April 23, 2010 7:40 PM | Report abuse


"I hope that those details will come in a later article, and that the Post and AP aren't going to stop at this brief and very general report."

Right. The Post and AP should report more extensively on demands made by these 20 individuals!

Posted by: pieguy | April 23, 2010 11:39 PM | Report abuse

I just saw a movie on Sunset Blvd. about naked short selling and all this Wall Street corruption and the audience was pretty shocked. It was the same story told through the eyes of Sirus XM investors that nearly went broke because of NSS. The movie was called "Stock Shock" and is now sold on DVD just about everywhere. PS-DVD is cheaper at www.stockshockmovie.com

Posted by: JVMfan | April 24, 2010 11:39 AM | Report abuse

How is it that an entity that was NOT elected is capable of collecting a TAX ?

is this not taxation without representation ???

Who is the IMF, who is the BIS ... how it it they operate outside the sphere of influence of the People ?

The financial crisis was manufactured to usher in Global Governance so that the IMF and BIS can begin to implement a plan long ago set in motion.

Free to do as you are told.

Captured. How does it feel.

Posted by: AmericanSpirit | April 26, 2010 5:29 PM | Report abuse

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