OSA Network Order No. 28-2
(Excerpted from a briefing of 20 November 1969.)
OSA NETWORK ORDER NO. 28-2
OSA Int/Conts
Execs
Invest Staff

THE WORLD BANK

(Excerpted from a briefing of 20 November 1969.)

Dear old McNamara, who kept the United States in the Vietnamese War in the
most-expensive-possible-sophisticated-machinery-hardware sort of way, got his
reward by becoming the head of the World Bank. Mr. McNamara has a nasty habit of
being followed by revolutions. Libya owed the World Bank a great deal of money. India
is the biggest debtor the World Bank has. Look what happened to her: she had to
nationalize the banks.

Wherever you see the World Bank loaning money, the country of course doesn't
produce the income to pay the interest. And then, in desperation to try to meet the
demands of the World Bank, they start nationalizing things. And it goes one for one.

The World Bank loans a lot of money, then the country has to nationalize, then
the country goes unstable.

L. RON HUBBARD
Founder