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Paul Wolfowitz attacks US Government over falling aid

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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:16 AM
Original message
Paul Wolfowitz attacks US Government over falling aid
Edited on Wed Aug-09-06 10:16 AM by wicket
:wow: Sometimes reality is stranger than fiction!

LINK

World Bank president Paul Wolfowitz strongly criticized the US government for scaling back its aid to a bank development program that helps some of the poorest countries.

The former US official said it was "deeply worrying" that
President George W. Bush's administration had cut back its contributions to the bank's International Development Association (IDA).

There is a "moral obligation" for Washington to do more, Bush's former US deputy defense secretary said in a speech at the Heritage Foundation here. IDA is a World Bank agency that provides favorable financing to some of the world's poorest and most heavily indebted countries, many of them located in sub-Saharan Africa.

The United States continues to account for more than 13 percent of IDA funding, Wolfowitz said. "However, US commitment to IDA has declined from a historical level of 20 percent to the current 13," he said.
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Greeby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:17 AM
Response to Original message
1. Wolfie concerned about poor people getting help?
I call BS
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dogday Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:19 AM
Response to Original message
2. Did I hit the twilight zone thread again?
I could of sworn I just read Wolfowitz was concerned for people?
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MissWaverly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:23 AM
Response to Reply #2
4. sounds to me he's trolling for more bricks of cash
to be tossed around like footballs, those were the days.
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itzamirakul Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:20 AM
Response to Original message
3. It would be interesting to know how much of that money goes to
line the pockets and secret bank accounts of those who supposedly "administer" such funds.

Help Africa? Wolfowitz? Oh, Puh-leeze! How many diamond mines does he own by now?
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porphyrian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:25 AM
Response to Original message
5. Poor people need more banks.
How else can they develop insurmountable debt?
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:26 AM
Response to Original message
6. Less $ to funnel to his cronies and special interest projects?
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 10:27 AM
Response to Original message
7. I think you guys don't "get" neocons, if this surprises you
Neocons are called that because their fiscal ideas are pretty leftist. They don't mind a nanny/welfare state (it even serves their purposes, if it keeps the proles in check). And they definitely believe in being a nanny/welfare state to the rest of the world; the whole guns and butter thing. The basic idea seems to be that we can bribe most developing nations into liking us, and the rest we can threaten into liking us. It's essentially how a frat boy looks at friendship, only it's being played out with the biggest military and financial power in the world.
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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-09-06 11:27 AM
Response to Original message
8. kick
:kick:
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