Kevin Summers

Love is the law.

[African Stream @african_stream]

July 2024 marks the 80th anniversary of the founding of the International Monetary Fund (IMF). Established in July 1944 in Bretton Woods, New Hampshire, USA, the IMF was a product of the post-World War II economic order. Protesters in Kenya and other nations have accused it of being a colonial institution that makes life hard for millions through predatory lending practices. Kenya's now-shelved, IMF-pushed Finance Bill had hoped to raise $2.7 billion in revenue through a raft of proposed tax hikes that sparked nationwide protests, lifting the veil on the IMF's far-reaching control of the government's fiscal policies.

Only three out of 55 African countries (including Western Sahara) have never taken IMF loans. Put differently, nearly all African states are shackled to neocolonialism through onerous debts to the IMF - except Botswana, Eritrea and Libya. 48 African countries collectively owe $42.2 billion to the IMF - or about 30% of the lender's total loan book. Most of those loans go towards repaying older loans or monies owed to foreign bondholders, not towards developing infrastructure to lift borrowers out of poverty.

Resource-rich Africa should never be at the mercy of international lenders that don't have the continent's interests at heart. Botswana has proven it. Libya under Muammar Gaddafi handed out more than $2 billion in loans to dozens of governments across the globe. Eritrea has a self-sufficiency policy whose slogan is "live within your means."

As Pan-Africanist revolutionary Thomas Sankara said, "If we don't repay, lenders will not die. That is for sure. But if we repay, we are going to die." Indeed, African economies are suffocating slowly under the crushing weight of IMF loans.

[ġєиєяλኗʞ✇ḄยፕɎLġץΨ☍lʎʇnᙠⓇⓃⒶT҉๏เɭєፕ↫ @Rubber0Cement]

Tarantula Princess!!!!!!

NOW

[Kevin Summers @knsummers]

There is a group of foxes living behind the house. At least two. They are both red with a mottled gray and black coat.

[Jacobin @jacobin]

Celebration of today’s economy reveals more about the class biases of journalists than it does about the daily realities of ordinary workers. https://t.co/LlH6H4qXR8

[Kevin Summers @knsummers]

Coyotes just noisily passed through the yard.

[Kevin Summers @knsummers]

@IndianaUniv President Whitten: Reinstate Samia Halaby Retrospective NOW! Sign the petition here: https://t.co/8tvqoofZDm

[Kevin Summers @kevinrsummers]

Out in our community tonight getting to know and listening to the concerns of citizens. If you need a sign or would like to help out, send us a DM! #summersformayor

[Kevin Summers @knsummers]

@MaxBlumenthal Criticism of Burning Man is such a weird distraction from the things actually destroying our world. It's not like the people attending Burning Man aren't consuming a absurd amount of resources every other day of the week.

[Kevin Summers @knsummers]

@MaxBlumenthal It's stupid but let people have their party. We can have a party too in my backyard with as many orgies as you want plus all the drugs.

[Kevin Summers @knsummers]

https://t.co/Q4r1MoLuT8

[DeVos Art Museum @devosart]

2023 North of the 45th - Featuring 44 Artists from MI, MN, and WI! - https://t.co/7PGrasyx7x

[Aaron Maté @aaronjmate]

For those asking, here's the SBU's list of targeted accounts that the FBI sent to Twitter: https://t.co/yUBK77gEPG

And here's the Twitter-FBI email correspondence: https://t.co/OHTZdBHUlx

[Kevin Summers @knsummers]

@MLive My heart is crying for the current state of popular culture.

[Kevin Summers @knsummers]

😊

[Audionautas @audionauts]

#StatischeMusen, el nuevo proyecto de música electrónica experimental del alemán #AsmusTietchens con el álbum Diskretion. Funktionsmusik für Verrichtungsboxen (9/6/2023). https://t.co/S8Who1WqpR

[Kevin Summers @knsummers]

@educationweek It does look like a fine program but I think there's some value in the malaise and painful boredom of senioritis. Painful boredom helps us move on. To the extent that this helps students who would otherwise get stuck in the malaise of senioritis I think it's a nice helping hand.

[U.S. Department of Labor @USDOL]

60 years ago today, the Equal Pay Act was signed into law, making it illegal to pay women less for the same work.

More from our Office of Federal Contract Compliance Programs ⬇️

https://t.co/LMTKEgynDV

[Kevin Summers @knsummers]

@ChildrenOfZeus 🖤🖤🖤

[MoonArk @CMU_MoonArk]

@CMU_MoonArk process, prototypes, and exhibit materials on display in @cmudesign this summer. Come see what we're sending to the moon. Expecting a successful launch soon!

[Jacobin @jacobin]

Radical abolitionist John Brown was born on this day in 1800.

"I acknowledge no master in human form."