13-10-18 GRENADA: Another tiny nation standing up to the banksters?

Another tiny nation standing up to the international banksters. Needless to say, Grenada is remembered as the site of another forgotten US war...

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Grenada’s IMF Sunday School

Saturday, 12 October 2013 01:45By Eric LeCompte, Inter Press Service | Op-Ed

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(Photo: Nick Myers / Flickr)As the International Monetary Fund shares initial proposals for Grenada’s debt restructuring during the Washington DC meetings this week, the Caribbean island could gain a reputation for more than nutmeg, calypso, beaches and the 2012 gold medal sprinter Kirani James.

Because Grenada is listening to the nation’s religious leaders, it may become famous for a debt resolution deal that includes the participation of its citizens, protects the most vulnerable from austerity programmes and keeps current employment on the island intact.

Part of what could make possible protecting jobs and the island’s social safety net is curbing corporate and professional tax avoidance in Grenada.

The most interesting part of what propelled this debt deal is that the churches of this tiny island have staked a place at the negotiating table. On this island nation of 100,000 people, where most people on the street are debating any debt deal, religious institutions have taught or served a significant portion of the island’s government leaders.

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http://truth-out.org/opinion/item/19384-grenadas-imf-sunday-school