Bob Geldof Feeds the Starving Rich
November 22, 2010
Geldof, left, gets medal from the rich.)
"Most casual observers might assume that the money generated [from these
concerts] would be funneled into various charitable organizations aiding the
poorest people of developing nations around the world. They would be wrong."
by L.C. Vincent
We see him here, we see him there, we see him everywhere -- everywhere funds
need to be raised to feed starving children, to bring clean water to those
without, to create homes and habitats for those in need, to help rescue the
victims of flood or famine.
Pop singer Morrissey was scathing in his assessment of Bob Geldof's role in the
Band Aid concert in 1985, a show which produced the bleeding heart weeper
entitled "Do They Know It's Christmas?".
"I think Band Aid was diabolical... Bob Geldof is a nauseating character. Many
people find that very unsettling, but I'll say it as loud as anyone wants me to.
In the first instance, the record itself was absolutely tuneless. One can have
great concern for the people of Ethiopia, but it's another thing to inflict
daily torture on the people of England. It was an awful record considering the
mass of talent involved. And it wasn't done shyly; it was the most
self-righteous platform ever in the history of popular music."
Since then, Geldof has made a kind of career of poverty while reaping the
benefits these events provide him with name and face recognition. For instance,
in November of 2008, Geldof was paid $100,000 in Australia for a brief speech
addressing Third World Poverty.
Brian Johnson, lead singer of AC/DC, said people like Geldof should dip into
their own bank accounts, like the members of AC/DC do, and give without fanfare,
rather than becoming pop impresarios of poverty.
SPEAKER'S FEE OR PAYOFF?
scathingly dissected Geldof's role in this financial charade:
Most casual observers might assume that the money generated by corporate
sponsors, DVD sales, performance royalties, and direct contributions would be
funneled into various charitable organizations aiding the poorest people of
developing nations around the world. They would be wrong.
Instead, as Chussodovsky illustrates, the money was instead used to pay off the
corporate creditors of indebted countries. In effect, the ENTIRE focus of the
money generated by Live 8 was to provide direct assistance to corporations owed
money by these impoverished nations.
As if that were not sufficiently outrageous, it gets worse! The same monetary
amounts contributed by Live 8 to these private corporations to provide more
relief to them for the money they had lent to these impoverished nations was
then deducted from the direct aid packages and social service programs formerly
contributed by the G8 to these countries.
As Chussodovsky clearly states: "For each dollar of 'debt cancellation' to the
international financial institutions, the G8 will reduce the flow of foreign aid
to these countries. In other words, the foreign aid earmarked to finance much
needed social programs will now go directly into the coffers of the IMF and the
Moreover, the International Monetary Fund and The World Bank and The African
Development Bank never forgive their debts! So what was being promoted around
the world as a way to help 18 of the poorest countries on the planet was
actually a covert exercise in paying off international financial institutions
for aid they had previously lent these nations, while guaranteeing the reduction
of the same amount in future funding for these very programs!
In effect, Live 8 was a gigantic propaganda piece and financial con to repay
private institutions and their friends at The IMF and World Bank. Live 8 acted
as a direct reimbursement process for the creditors of the 18 poorest countries
on the planet, while further binding these countries, their industries and
exports, to the future predations of The World Bank and IMF.
This allowed them to impose even more social control on their political
processes by insisting on "democratic reforms" commensurate with same sort the
West has imposed on Iraq and Afghanistan, thereby allowing Western governments
to control the election process and the officials who will come to power in
these countries while insisting on "free market reforms," all of which does
nothing more than to diminish their sovereignty while transferring ever more
socio-political control to nations outside these countries. This arrangement
also makes it impossible for these countries to default on their debt,
perpetually keeping them on the cycle or debt repayment and financial servitude.
People like Bob Geldof have latched their star to this globalist charade,
enjoying the fame and royalty income which their appearance on world-wide
television provides, while at the same time turning a cynically blind eye to the
financial sleight of hand going on behind the scenes which does nothing more
than to keep these countries and peoples mired in poverty while reducing the
social services these countries so desperately need.
L. C Vincent