Discussion in 'General Global Topics' started by Said1, Feb 6, 2005.
G7 still divided on debt relief for Africa
here's how it should work
any loans made to a government in the Cold War that was ruled by a dictator or military junta are instantly forgiven.
any loans made to a government ruled by a Marxist or Maoist piece of garbage, instantly forgiven.
any loans made to a government after the Cold War that was ruled by a dicator or military junta, forgiven after ensuring the savings are spent on the people of that nation, not nice shiny military hardware or new palaces for the elite.
we gave out a lot of money to nations in the Cold War that were not "democracies", but were ruled by OUR SOB's, who often used most of that money for themselves and their private bank accounts. to hold these nations, now mostly struggling democracies, accountable for our own past errors, is a terrible mistake.
let's close the book on this part of the past and free these nations of crippling debt.
on their own, with reform-minded foreign assistance like the MCA, then we will see whether or not they are for real.
we need to be very very choosy who we give 100% forgivness to.
just because some of the third worlds we gave loans to werent paying them back in the first place doesnt mean we should forgive them. and how much of what we loaned actually went for what it was intended for? :fifty:
Many of those loans made during the Cold War were to dictators and juntas held accountable by no one and kept in power by the fact they were pro-American. An "excess" of the Cold War that I have come to agree (out of a growing maturity I hope) was necessary to win. We will always have "our SOB's", but in the end, the people those SOB's rule over with impunity should not have to pay the price for those SOB's getting loads of money from the US and other allies and not spending it on the nation, but on themselves.
Separate names with a comma.