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>      The World Bank raises funds in the private capital market.
>      We pledge to boycott the purchase of World Bank bonds.
>
>      We also call on all governments to cease funding the World
>      Bank until it has cancelled all debts owed to it by Third
>      World countries.
>
>
>
>Date: Mon, 27 Mar 2000 15:20:45 -0700
>To: [EMAIL PROTECTED]
>From: [EMAIL PROTECTED]
>Subject: World Bank Bonds Boycott Sign On
>
>
>Open Letter to the World Bank
>
>Signatures may be returned by e-mail to [EMAIL PROTECTED], and should include
>name, title or occupation, organization, city and country. If you would like
>to serve on the coordinating committee for the campaign in your institution
>or community, send a note to [EMAIL PROTECTED]  For more
>information, contact [EMAIL PROTECTED] or (505)341-1864.  We
>apologize for any cross-postings.  We want to circulate this letter as
>widely as possible.
>
>Open Letter to the World Bank
>
>
>James Wolfensohn
>President, World Bank Group
>1818 H Street, N.W.
>Washington, DC 20433 U.S.A.
>
>Dear Mr. Wolfensohn:
>
>We write in support of the protest by our Southern colleagues who are
>citizens of countries suffering the devastating effects of World Bank
>lending policies. We share their outrage that:
>
>· 65% of World Bank lending today is for sectoral and structural
>  adjustment loans;
>
>· The conditions attached to these and other World Bank loans have
>  crippled economic growth, hindered economic development, promoted
>  dependency, and increased misery and poverty in developing countries;
>
>· Adjustment is vastly increasing the socio-economic burden on women;
>
>· Adjustment leads to the promotion of sweatshops, and the denial of
>  workers' rights to organize and to earn a decent living;
>
>· Adjustment is destroying peasant-led agricultural production
>  and the abilities of developing countries to feed themselves;
>
>· Adjustment has accelerated destruction of the natural environment;
>
>· Adjustment has a very destructive impact on the most vulnerable
>  sectors of the population;
>
>· Adjustment is degrading the cultural integrity of developing
>  countries;
>
>· Adjustment has significantly added to the external debt
>  burden of countries implementing such programs;
>
>· Privatization under World Bank policies has led to increased
>  corruption, private gain at the expense of the public, further
>  concentration of wealth and power, greater unemployment and
>  decreased access to public services;
>
>· The World Bank in practice supports the macroeconomic policies
>  imposed by the International Monetary Fund by making agreement
>  with the IMF a condition of Bank lending, and by contributing
>  money to IMF austerity packages, and is therefore responsible
>  for the consequences of those policies;
>
>And we share their belief that:
>
>· Economic policy in developing countries should be formed in the
>  interest of the poor and working people who comprise the majority
>  of the population; and that
>
>· National economic sovereignty of those countries is a prerequisite
>  for the adoption of such policies.
>
>Since the majority of the Bank's funds are raised in the private capital
>market, we pledge to boycott the purchase of World Bank bonds, and encourage
>all public institutions to do so.  Moreover, we call on governments of all
>member nations of the World Bank to cease further funding to the World Bank
>until all destructive World Bank lending has ended and the World Bank has
>cancelled all debts owed to it by Third World countries.
>
>
>Signatories (Updated 12/12/99)
>(NOTE: We have received hundreds of additional names that have not yet been
>added on to this copy of the letter.  If you have already sent your name in,
>we have recorded it and it will be add before the petition is delivered to
>the World Bank.)
>
>Juan Carlos Aguilar, Program Officer, Peace Development Fund (PDF),
>Amherst, MA
>Osman Ahmed, Activist
>Jenny Asinc, San Diego State University, CA
>Robert Becherer, Engineer, School for America Watch (SOA Watch), Washington,
>DC
>Beverly Bell, Director, Center for Economic Justice, Washington, DC
>Ned Bertz, Coordinator, International Alliance for People's Movements, Iowa
>City, Iowa
>Trim Bissell, National Coordinator, Campaign for Labor Rights, Washington,
>DC United States
>Max J. Blanchet, member, Steering Committee, Bay Area Haitian American
>Council, Berkeley, CA
>Diana Bohn, Nicaragua Center for Community Action, Campaign for Labor
>Rights, Alliance for Global Justice, and Nicaragua Network
>Caroline Rebecca Bowles, Portland State University, Portland, OR
>Grace Braley, Member Zapatista Solidarity Committee and Fair Trade Committee
>of Westchester People's Action Committee  (WESPAC), Yonkers, NY
>Frank de Caires, Ethical Trade Co-ordinator, Philippine Resource Centre, UK
>Ruthanne Cecil, Project Coordinator, Tobin Tax Initiative, Arcata, CA
>Conall O. Ceroimh, Ireland Chairperson, European Network on Debt & Development
>Ann Marie Clarke, Co-Director, Quest for Peace/Quixote Center, Hyattsville,
>MD
>Stephen Cobb, Secretary, Traprock Peace Center, Deerfield, Massachusetts
>Maria College, Chicken Soup Brigade, Seattle, WA
>Shannon Coughlin, Program Coordinator, Committee for Health Rights in the
>Americas (CHRIA), San Francisco, CA
>Carol Cross, Activist
>J. Kevin Cross, Engineer, Labor Party Member, Ft. Collins, Colorado
>Anthony Daley, President, Labor Research International, Inc., Takoma Park, MD
>Martha Dominguez, First Nations North & South
>Elizabeth Downer, New York Zapatistas , Staten Island, NY
>Caroline Dutton, Teacher, Marin Interfaith Task Force , San Rafael, CA
>Rosemary Everett, Justice and Peace Coordinator, Sisters of the Holy Names,
>Santa Clara, Carolyn Fairman, UNM, Albuquerque, NM
>Rick Fellows, Co-Director, Media Island, Olympia, WA
>Julie Field, Coordinator, National Committee for Democracy in Mexico (NCDM),
>Austin, TX
>George Friemoth, Marin Interfaith Task Force on Central America, Lookspur,
>CA
>William Harrell, Lawyer, National Lawyers Guild (NLG) San Francisco, CA
>Dr. Jan Edward Garrett, Professor of Philosophy, Bowling Green KY U.S.A.
>Rosemary Everett, Justice and Peace Coordinator, Sisters of the Holy Names,
>Santa Clara, CA
>Mark M. Giese, Racine, WI
>Lise Giraud, Librarian Emerita, Stanford University, Palo Alto, CA
>Raymond Giraud, Professor Emeritus, Stanford University, Palo Alto, CA
>Stella M. Goodpasture, OP, Justice Promoters for the Dominican Sisters of
>Mission San Jose, CA
>Russell Grahame, Rights Action/Guatemala Partners
>Lucy Grinnell, student, Mount Vernon, NY
>Paulette Hammond, Convenor, MD United for Peace & Justice, Inc. Maryland USA
>Edward A. Hawley (Rev.), Retired United Church of Christ Clergyperson,
>former executive editor, AFRICA TODAY, S.        Columbine, Denver CO
>Doug Hellinger, Development GAP (DGAP), Washington, DC
>Fredric Hicks, Professor, University of Louisville, Louisville, KY
>Celia Hidalgo, Activist, CSLA
>Charlie Hinton, Printing Coordinator, 50 Years Is Enough, Washington, DC
>Mary Sean Hodges, Justice Promoter MSJ, OP, San Gabriel, CA.
>Lisa Hoyos, South Bay AFL-CIO Labor Council, Miami, FL
>Rev. Douglas B. Hunt, Washington and United Nations Representative, United
>Church of Christ Network for Environmental and Economic Responsibility,
>Wheaton, MD
>Sr. William Julie Hurley, SND, Lowell, MA
>Mark Jacobs, Director of WESPAC, White Plains, New York
>Karl Jagbandhansingh,Writer
>Jonah House Community, Baltimore MD
>Barbara Joye, Writer, North American Neighborhood Association (NANA)
>Kenday Samuel Kamara, Chief Executive Strategist, The Center for Alternative
>Development Strategies (CADS Global Network), Lakewood, CO
>Charles E. Kaufman, Development Director, Alliance for Global Justice (AGJ),
>Washington, DC
>Liz Kelner, NE Witness for Peace
>Dean Kendall, Worker, Payday
>Rebecca L. Kiger, Holyoke, MA
>Pierre Labossière, member, Steering Committee, Bay Area Haitian American
>Council (BAHACO), Berkeley, CA
>Chung Lai, Graduate Student, American University International Development
>Program, Washington, D.C.
>Scott Lamson, Worker/Activist Zapatista Action, Philadelphia, PA
>Margaret Lanen, Pastoral Associate, St.William Parish, Boston, MA
>Barbara Larcom, Casa Baltimore/Limay, Baltimore, MD
>Mary Lehmann, Land Use Integrity, Texas
>Ted Lewis, Global Exchange, San Francisco, CA
>Laura Livoti, Steering Committee, Member of Economic Justice Now, Steering
>Committee Member of Fifty Years Is Enough
>Travis Loller, Co-Director, Paz Sin Fronteras
>Aida López
>Gustavo Lozano, Pueblo por la Paz, Tuscon, AZ
>Peter Lumsdaine, Resource Center for Nonviolence, Santa Cruz, CA 95060
>Tobin Marsh, Project Human Rights
>David Martin, Denver Justice and Peace Committee, Denver, CO
>Roberto Martinez, A to Z Border Rights Project
>Pat McGilin SND, Professor, College of Notre Dame South Euclid, Ohio
>Lisa McGowan, AFL-CIO
>Anne McMullen, Justice Coordinator, Sisters of St. Joseph, Los Angeles
>Annie Millar, student activist, Sarah Lawrence College, Bronxville, New York
>John Morrow, New York Zapatistas, New York, NY
>Hisako Motoyama, Campaigner, Friends of the Earth, Japan
>Peter and Gail Mott, Co-editors, INTERCONNECT, Rochester, NY
>Jack Moynihan Coordinator, Maryknoll Office for Global Concerns; Peace,
>Social Justice & Integrity of Creation, Washington DC
>Kevin Murray, Executive Director, Grassroots International, Boston, MA
>R. Namdar, Unit Chair WBNG, Communication Workers of America, Johnson City, NY
>Elan Nissenboim, student, Macalester College, St. Paul, MN
>Joanette Nitz, Teacher/Human Rights Activist,
>Shirley Novak, Teacher, Mexico Solidarity Network & Doctors for Global
>Health, Washington, DC
>Mary O'Brien, CSJ, Sisters of St. Joseph of Carondelet, Albany Province
>Brendan O'Neill, Committee on Temporary Shelter, Housing Search Specialist,
>Burlington, VT
>Ezekial Pajibo, Africa Faith and Justice Network, Washington, DC
>Y. H. Patt, Raleigh, NC
>Helen Pearson, Guatemala Accompaniment Project, Washington, DC
>Jean Peeters, CIAM, Kinsheshe, France
>Joyce Penfield, Seminarian, Episcopal Divinity School, Cambridge, MA and
>Guatemalan Accompaniment Project in Aurora & NE Witness for Peace
>Nancy G. Phillips, Retailer, First Parish, Brewster, MA 02631
>Robert S. Pietrusiak,President, Dan's Legacy Inc.
>Daisy Pitkin, student, Macalester College, St. Paul, MN
>Richard Plevin, Global Exchange, San Francisco, CA
>Phylus Ponvert, Artist, Chiapas Media Project, Chicago, IL
>Jo'Ann De Quattro, snjm, Conference of Social Justice Coordinators at the
>Peace & Justice Center of Southern California, Los Angeles, CA
>Joanne Ranney, NE Witness for Peace
>Orlando Redekopp, Pastor, First Church of the Brethren, Chicago, IL.
>Rev. Dr. Jean Rodenbough, Exec. Dir. WorldFriends,Inc.  Madison, NC
>Marie Romejko, Sister of Notre Dame de Namur
>Susan Saudek, policy Associate, SHARE Foundation, Washington DC
>Ruth Schaff, Nurse
>Dave Schott, Volunteer, Sister Parish
>Virginia L. Senders, Activist, NE Witness for Peace.  Shutesbury, MA
>David A. Sharpy, Director of Healthcare Resource Management Premier, Inc,
>North Bend, WA
>Frank Sharpy, Vice President, Thompson Landscape Company, Eugene, OR
>Wendy Shea, Volunteer, Conference of Major Superiors of Men, Silver Spring,
>MD
>Shelley Sherman, US Coordinator, Cloudforest Initiatives, St. Paul, MN
>Sara A. Siebert, International Alliance for Peoples' Movements, Iowa City
>Dale Sorenson, Counselor, Marin Interfaith Task Force, San Rafael, CA
>Steffan Spencer, Activist
>Jean Stokan, Policy Director, SHARE Foundation, Washington DC
> Rick Tingling-Clemmons, People's Tribune, Chicago, IL
>Marge Van Cleef, Teacher-Philadelphia College/University, New Haven, CT
>Craig Van Note, Monitor Consortium, Washington, DC
>Richard Vanden Heuval, Chair, FONKOZE Metro, Annapolis, MD
>Lois Vanderbeke, Consultant
>Jason Wallach, Mexican Solidarity Network /Chiapas Media Project
>Aramando Walle, New York Zapatistas, New York, NY
>Neil Watkins, Preamble Center/Center for Economic and Policy Research,
>Washington, DC
>Yasmin Webster-Woog, Activist, San Francisco, CA
>Sam Weinstein, Presidents Assistant, Utility Workers Union of America,
>Washington, DC
>Ellen V.P. Wells, Maine Witness for Peace
>Mary E. Wendeln, Social Service Provider, CASA of MP
>WESPAC Fair Trade Committee, WESPAC, White Plains, New York
>Jeffrey Wessman, Radio Producer, New Dimensions Radio, Sausalito, CA
>Philip Wheaton, Committee of Indigenous Solidarity
>Tammy L. Williams, Co-Director, Quest for Peace/Quixote Center, Hyattsville,
>MD
>Scott Wright, EPICA, Ecumenical Program on Central America and the Caribbean
>Joe Wilson, Committee of Indigenous Solidarity, Washington, DC
>Joyce Yule
>H. Yull, UK
>Lisa Zimmerman, Activist
>Jodie Zisow, Co-Coordinator, Baltimore Action for Justice in the Americas
>(BAJA), Baltimore, Maryland
>
>CENTER FOR ECONOMIC JUSTICE
>1737 21st Street NW, Washington, DC 20009
>phone: (202) 265-3263, ext. 284   fax: (202) 265-3647
>137 San Fidel Road NW, Albuquerque, NM 87107
>phone/fax:  (505) 341-1864
>[EMAIL PROTECTED]
>
>
>   .............................................
>   Bob Olsen, Toronto      [EMAIL PROTECTED]
>
>    The world is run by the people who show up.
>   .............................................
>


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