Hubert Elrington
Hubert Elrington also says that the idea that government can protect utilities is illusionary since in an economic meltdown, the financial institutions would require their immediate privatization.
Hubert Elrington, Attorney
"Let's say this country gets into a depression and we need help from the World Bank, we need help from the IMF; the first thing they are going to tell you when you get there, sell off the utilities. That is going to be the first requirement when you get there, sell them off. When you have sold them off, then you come back here. That is what they have told Greece, that is what they have told Ireland, that is what they have told Spain, that is what they have told Jamaica. So the idea that you can protect these utilities is purely illusory. The first requirement they are going to tell you sell them off and let me tell you when you're dealing with the IMF and when you're dealing with the World Bank, they come to the Cabinet and they get right in your face and they say look if you want help from us, you have to be committed. We don't want support, we want commitment from you. And you know what commitment is? Let us give you an example of what commitment is. Have you ever had ham and eggs? The chicken is supportive but the pig is committed, we want you to be like the pig. This is an example that was given to us by the World Bank and the IMF. So they don't mess about. So this idea-you hear Barrow telling you nonsense about you can protect these utilities; that's a waste of time, it doesn't exist anywhere in the real world and it is all a figment of his imagination."
As we said, there is growing disapproval to the ninth; the consolation is that the Foreign Minister says that it can be withdrawn if the public so rejects the amendment.
Channel 5
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