for this article is
NORMAL LIFE" TO YUGOSLAVIA
by Jared Israel [2 June
"[Secretary of State Madeleine
Albright]...promised assistance from Washington and
its European allies for reconstruction so
that Yugoslavs 'can have the normal life that
the rest of the Balkans are beginning to have.'"
('LA Times', 10/6/00, my emphasis)
"The Russian Academy of Medical Sciences told
AP on 5 October that the number of normal births in
the Russian Federation declined from 45.3 percent in
1992 [after International Monetary Fund 'reforms'
were first instituted, which destroyed the Russian
social safety net] to just 30 percent in 1999."
('Radio Free Europe/Radio Liberty Newsline, 10/6/00)
Quoted in 'What is Albright Really Promising for the
'New' Yugoslavia?' (1)
In the article, "U.S.
Arrogance and Yugoslav Elections" I argued that
an election victory by the 'Democratic' Opposition of
Serbia, or 'D'OS, would be a disaster for ordinary people.
I said DOS was a U.S. creation, funded and trained by
Washington and its semi-private proxy groups, such as the
Soros Foundation. Moreover, its program was dictated by
the G-17 'economists'. The G-17
people were and are intimately tied to the International
Monetary Fund and the World Bank. (5)
The pre-election DOS program clearly prescribed an
economic reform 'treatment' using standard IMF 'medicine':
"Immediately after taking the office, the new
government shall abolish all types of subsidies. This
measure must be implemented without regrets or
hesitation, since it will be difficult if not
impossible to apply later, in view of the fact that
in the meantime strong lobbies may appear and do
their best to block such measures... This initial
step in economic liberalization must be undertaken as
a 'shock therapy' as its radical nature does not
leave space for gradualism of any kind." ('[G-17]
Program of Radical Economic Reform' (www.g17.org.yu/english/programm/programr9.htm
My Emphasis. Quoted in 'Everything We Wrote Comes from Official
Sources' (2) )
This IMF shock therapy approach defined the 'D'OS
"This 'democratic opposition' has endorsed a
Program written for them by G-17, the group of
neoliberal economists in Belgrade, funded by the
National Endowment for Democracy. This Program is
posted on the websites of both G-17 and the 'student
group', Otpor. The program has a list of points which
the 'democratic opposition' is pledged to carry out
were they to win the presidential and/or other
elections. Here are some of the main points:
"1. The 'democratic opposition' program
proposes the option of adopting the German Mark as a
legal currency for the whole of Yugoslavia, following
the lead by NATO forces in Bosnia, Kosovo and
Montenegro. This would immediately impoverish the
Yugoslav people by making the country an economic
dependency of Germany.
"2. The 'democratic opposition' program calls
for ending all price controls. No subsidized food, no
social protections. Working people, including a
million refugees whose conditions are already
difficult, would be buying food at Western prices but
without Western wages.
"3. The program calls for the immediate shock
treatment of introducing a full capitalist society
without first providing Yugoslavs with the necessary
financial means to participate in such an economy.
The result would be the transfer into foreign hands
of control of the entire Yugoslav economy. Similar
provisions for the application of so-called 'modern
economic ideology' have already succeeded in
destroying Russia's economy.
"4. Curiously the 'democratic opposition'
program makes no mention of NATO's criminal
aggression against Yugoslavia.
"5. The program calls for slashing public
spending, demilitarization, radical tax changes,
drastically limiting the power of the central
government. All these measures set Yugoslavia up to
be controlled from the outside.
"6. The program would accept the US dictate
that Yugoslavia no longer exists and that Serbia must
come on bended knee to Washington to be recognized
anew. This would mean the immediate surrender of all
the assets and historical rights of the Yugoslav
state. These assets include billions of dollars worth
of embassies, the Yugoslav navy, the air force, bank
accounts frozen all over the world, foreign assets,
property assembled by the Yugoslav people since the
end of World War I.
"Kostunica's candidacy is nothing more than
an effort to paper over the easily recognized faces
of the United States' discredited agents in
Yugoslavia." (From 'U.S.
Arrogance and Yugoslav Elections") (3)
Following the coup Oct. 5th, 'D'OS used gangs of U.S.-paid
thugs to take over Belgrade government. The G-17 boys
were in full democratic control of the Ministry of
Finance and the Yugoslav Central Bank.
The 'AP' dispatch gives some sense of what they have
done. Here's what the indispensable Ms. Albright meant
when she urged economic reforms to bring Yugoslavs 'the normal life.'
-- Jared Israel
Soaring Prices Strain
By KATARINA KRATOVAC .c The Associated Press
BELGRADE, Yugoslavia (AP) -
"Delivering more dark predictions, Serbia's
prime minister, Zoran Djindjic, said the national
currency, the dinar, may soon be devalued.
"'Foreign currencies are too cheap here and
this is not stimulating exports,' Djindjic said. 'The
dinar's exchange rate is not the Holy Bible and it
will be adjusted, depending on the needs of the
economy and the state.'''
"A side effect from former Yugoslav President
Slobodan Milosevic's ouster from power in October was
a torrent of price increases as the new, pro-democracy
authorities abandoned strict price control measures."
Yugoslavs were hit Friday by a new
wave of price increases, prompting fears the
country's fledgling democracy could be in jeopardy as
living standards continue to plunge. (4)
Electricity prices soared 40 percent - on top of a 60
percent increase in April - while postal services climbed
A kilowatt of electricity now costs the equivalent of
about 50 cents, with an average apartment using between
600 and 800 kilowatts a month, meaning monthly bills
would total $300 to $400. A postage stamp to send a
regular letter within Yugoslavia is now the equivalent of
About half the work force is out of a job, and those
who are employed earn a mere $100 per month on average.
Because of the continued price increases, ``the new
government is losing much of its credibility among the
people,'' analyst Bratislav Grubacic said, predicting
social unrest in the autumn if the downslide isn't
The International Monetary Fund and the World Bank are
calling for the price increases because "we have to
attune domestic prices to Western levels,'' Grubacic said.
"But it has come too fast.''
The opposition Serbian Renewal Movement demanded the
government revoke the new electricity prices, claiming
they will cause a "chain reaction and drown
residents in Serbia in deepest poverty.''
Even Mladjan Dinkic, the National Bank governor,
warned the new electricity rates would significantly
boost inflation, which already has topped the 50 percent
mark predicted for this year.
The majority of Serb households rely on electricity
for heating and cooking, so the latest price increases
will cause a major strain on already-exhausted family
budgets. Statistical surveys show a three-member
household needs $200 just to pay for basic food, clothing
and hygienic products.
Delivering more dark predictions, Serbia's prime
minister, Zoran Djindjic, said the national currency, the
dinar, may soon be devalued.
"Foreign currencies are too cheap here and this
is not stimulating exports,'' Djindjic said. "The
dinar's exchange rate is not the Holy Bible and it will
be adjusted, depending on the needs of the economy and
A side effect from former Yugoslav President Slobodan
Milosevic's ouster from power in October was a torrent of
price increases as the new, pro-democracy authorities
abandoned strict price control measures.
(C) 'AP' 2001, Reprinted for Fair Use Only
1) What is Albright Really Promising for the 'New'
Yugoslavia?', at http://emperors-clothes.com/analysis/medical.htm
2) 'Everything We Wrote Comes from Official Sources'at http://emperors-clothes.com/debates/data.htm
3) From 'U.S.
Arrogance and Yugoslav Elections" which can be
read at http://emperors-clothes.com/engl.htm#p
4) On the earlier wave of price increases see:
5) 'The International Monetary Fund And The
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