Have we been conned by the Central banks – the orchestrators of Fiat (debt) currencies. I had heard about Libya’s wealth and people privileges but couldn’t quite believe it. All we are fed in the west (by the MSM media) was that a brutal dictator had stolen billions from the people. But that just doesn’t add up. The banking cartels and Kelptocrats moved in to destroy another country (as Gen. Wesley Clarke disclosed). We have been suckered again. Duped. Brain washed by the MSM.
Here are some Facts you probably do not know about Libya under Muammar Gaddafi (from CNN iReport):
• There was no electricity bills in Libya; electricity is free … for all its citizens.
• There was no interest on loans, banks in Libya are state-owned and loans given to all its citizens at 0% interest by law.
• If a Libyan is unable to find employment after graduation, the state would pay the average salary of the profession as if he or she is employed until employment is found. (Wow, compare this to the Abbott government thinking)
• Should Libyans want to take up a farming career, they receive farm land, a house, equipment, seed and livestock to kick start their farms –this was all for free.
• Gaddafi carried out the world’s largest irrigation project, known as the Great Man-Made River project, to make water readily available throughout the desert country.
• A home was considered a human right in Libya. (In Qaddafi’s Green Book it states: “The house is a basic need of both the individual and the family, therefore it should not be owned by others.”)
• All newlyweds in Libya would receive 60,000 Dinar (US$ 50,000 ) by the government to buy their first apartment so to help start a family.
• A portion of Libyan oil sales is or was credited directly to the bank accounts of all Libyan citizens.
• A mother who gives birth to a child would receive US $5,000. (so far this is the only benefit similar to Oz)
• When a Libyan buys a car, the government would subsidizes 50% of the price.
• The price of petrol in Libya was $0.14 per liter.
• For $ 0.15, a Libyan local could purchase 40 loaves of bread.
• Education and medical treatments was all free in Libya. Libya can boast one of the finest health care systems in the Arab and African World. All people have access to doctors, hospitals, clinics and medicines, completely free of charge.
• If Libyans cannot find the education or medical facilities they need in Libya, the government would fund them to go abroad for it – not only free but they get US $2,300/month accommodation and car allowance.
• 25% of Libyans have a university degree. Before Gaddafi only 25% of Libyans were literate. Today the figure is 87%.
• Libya had no external debt and its reserves amount to $150 billion – though much of this is now frozen globally.
Okay, folks is starting to smell foul. Oh boy, how amazing would that be – free electricity, education, medical, and a home interest free. It seems we have long been enslaved.
I am no fan of leaders who insist on hanging around in their fancy palaces. But, Gaddafi wrote, “They want to do to Libya what they did to Iraq and what they are itching to do to Iran. They want to take back the oil, which was nationalized by these country’s revolutions. They want to re-establish military bases that were shut down by the revolutions and to install client regimes that will subordinate the country’s wealth and labor to imperialist corporate interests. All else is lies and deception.”
The gold bullion held by the Libyan Central Bank (March 2011) was among the 25 largest reserves in the world, as reported by the Financial Times, citing the International Monetary Fund. This provided Libya a critical lifeline after billions of Libya’s assets were seized by the United States and the 27 member states of the European Union. The bullion went missing?
Reblogged this on RD Revilo.