Did I hear this right? Obama supports wealth clawbacks from the looters in developing democracies.

[Bozita]

If so, I totally approve.

I was just wondering if he's considering similar treatment in supposedly developed democracies.

[Fumesucker]

1. That would be looking backwards rather than forward..

So, no..

[badtoworse]

2. How would that work?

[Jackpine Radical]

3. "Developed democracies--"

On this continent, that would be maybe Canada.

[Bozita]

4. "And we will help newly democratic governments recover assets that were stolen." - Pres. Obama

The quote.

And the context:

"Second, we do not want a democratic Egypt to be saddled by the debts of its past. So we will relieve a democratic Egypt of up to $1 billion in debt, and work with our Egyptian partners to invest these resources to foster growth and entrepreneurship. We will help Egypt regain access to markets by guaranteeing $1 billion in borrowing that is needed to finance infrastructure and job creation. And we will help newly democratic governments recover assets that were stolen."

[Bozita]

5. kick for the day shift