WILL FOREIGN AID BE REPAID?
Loans to Third World nations are granted with little expectation that they will be repaid or spent on aid to those in dire need. More than not, a lot of what is spent is sent by greedy leaders to foreign banks with a wink and a nod to depositors who steal what they invest. But bankers know it's best not to ask. Depositors don't tell and it's just as well. The starving millions can go to hell!
Records show most billions windup where they're not intended, yet they're defended as humanitarian aid and that's the way the game is played. Some help the poor and insecure, the population suffering from starvation. But the amount's so small it doesn't count.
Billions of bucks windup where? Debtor nations, they don't care. It's all just public relations to win ethnic votes at elections with few expectations loans once made will be repaid. They're just buried in mile long lists of loans, as hard to find as dinosaur bones, Few checks are made as to where it went or how it's spent. And if they are, so what?
Some lobbyists for creditors pressure donor nations to forgive "donations," others insist they be repaid. Neither group will get their way. They argue: We don't owe. We couldn't vote for the so-and-so who got the dough. We say No!
There's a history of loans being corruptly diverted, laws skirted and averted. Of loans squandered, laundered, spent on fancy cars, Cuban cigars, high living luxuries. And when leaders are deposed or exposed they flee to havens far away and the money goes along. Wrong? Of course. What could be worse?
Sure, we want to end starvation, provide medication and the expectation of a better life in other nations. But while the rules of humanity say give your brothers a helping hand, what I will never understand is what about our neighbors in the U, S. A. who grow more desperate day by day and could use the money we throw away? Give them less. Give us more. Isn't that what our taxes are for?
Records show most billions windup where they're not intended, yet they're defended as humanitarian aid and that's the way the game is played. Some help the poor and insecure, the population suffering from starvation. But the amount's so small it doesn't count.
Billions of bucks windup where? Debtor nations, they don't care. It's all just public relations to win ethnic votes at elections with few expectations loans once made will be repaid. They're just buried in mile long lists of loans, as hard to find as dinosaur bones, Few checks are made as to where it went or how it's spent. And if they are, so what?
Some lobbyists for creditors pressure donor nations to forgive "donations," others insist they be repaid. Neither group will get their way. They argue: We don't owe. We couldn't vote for the so-and-so who got the dough. We say No!
There's a history of loans being corruptly diverted, laws skirted and averted. Of loans squandered, laundered, spent on fancy cars, Cuban cigars, high living luxuries. And when leaders are deposed or exposed they flee to havens far away and the money goes along. Wrong? Of course. What could be worse?
Sure, we want to end starvation, provide medication and the expectation of a better life in other nations. But while the rules of humanity say give your brothers a helping hand, what I will never understand is what about our neighbors in the U, S. A. who grow more desperate day by day and could use the money we throw away? Give them less. Give us more. Isn't that what our taxes are for?
posted by Ed Weiland at 8:50 PM
2 Comments:
Give the Iraqis and Afghans less of warfare and bombardments,that´s what I say to this. That´s where the US can save a lot of money to spend on internal affairs!
Minding their own buisness, literally!
...but then again,...that´s maybe exactly what the US government was doing by invading Iraq...minding it´s own buisness...or so some well-founded information tells us.
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