Comments about ‘Gates tells G-20 that aid to poor nations should continue’
Critics argue that 60 percent of aid dollars go to corrupt leaders
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It sounds like the world monetary system needs to be abolished as this continued mentality is making a mockery of the United States interference and real world wealth. The G20 is a joke to enforce debt as a world currency.
Ampat.
The vatican just called for a supernational or centralized global banking authority to govern the world.
"DN: October 24, 2011"
After the next election you will see the dollar collapse, then the G20, UN and all elitists will call for it and the people will cheer for their new currency backed by gold and issued by the global central bank with a world authority.
@Northern: Care to bet?
"Over the last 50 years, he said, international aid money has been grossly misspent. Research from New York University shows many government aid organizations suffer from administrative bloat and lack transparency. More than 60 percent of aid dollars were spent in countries with corrupt governments, as defined by the International Country Risk Guide."
So why can't we transfer the cash aid to international relief organizations that have proven prudent use of funds, who have track records of improving the lives of the impoverished?
Never should we be transferring our aid in the form of cash to a local regime. Do you realize how much aid in $$ was sent to Libya, Syria, Venezuela, Nicaragua, Panama, and former Soviet Bloc Countries over the last 30 years?
If they want aid, real aid, they will take it in the form we suggest.
aid to poor nations too often ends up in the pockets of their despotic leaders and htey never rise out of poverty.
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