A remarkable thing happened after the devastating Haitian earthquake last year: the IMF under Strauss-Kahn planned to use the vulnerability of that country to force new loans on it with the usual terms. Activists reacted to a plan guaranteed to increase the indebtedness of a nation already crippled by the kind of neoliberal policies for which Clinton belatedly apologized. The IMF blinked, stepped back, and agreed to cancel Haiti’s existing debt to the organization. It was a remarkable victory for informed activism.
