Comments on: Damned by Debt Relief http://www.financenewshub.com/debt-relief/damned-by-debt-relief/ Mon, 08 Mar 2010 20:13:59 -0600 hourly 1 By: tigerone1970 http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-847 tigerone1970 Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-847 <b>Reinvest profits ...</b> <br> Reinvest profits from mining and raw materials in agriculture, infrastructure and manufacturing, and building capacity (universal healthcare and education, education for farmers, civil servants and professionals), and Africa does not need 'donor aid' or any aid at all. 'Donor aid' is part of a shell game, where the wests receives Africa's raw materials free of charge (no taxes, no profit sharing) and returns a quarter of that money, with strings attached to keep the exploitation going. Reinvest profits …
Reinvest profits from mining and raw materials in agriculture, infrastructure and manufacturing, and building capacity (universal healthcare and education, education for farmers, civil servants and professionals), and Africa does not need ‘donor aid’ or any aid at all.

‘Donor aid’ is part of a shell game, where the wests receives Africa’s raw materials free of charge (no taxes, no profit sharing) and returns a quarter of that money, with strings attached to keep the exploitation going.

]]> By: tigerone1970 http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-848 tigerone1970 Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-848 <b>" Can someone tell ...</b> <br> " Can someone tell me please? " Sure - to keep their raw materials flowing to the West. Africa exports 1 trillion in raw materials every year (gold, diamonds, platinum, oil, etc.) and receives 1/4 trillion in 'donor aid' every year. This goes to corrupt local elites and running huge gvt bureaucracies, so they will not nationalize their mines or redistribute land to their own people. That is why the west is rich, and African people are poor. ” Can someone tell …
” Can someone tell me please? ”

Sure – to keep their raw materials flowing to the West.

Africa exports 1 trillion in raw materials every year (gold, diamonds, platinum, oil, etc.) and receives 1/4 trillion in ‘donor aid’ every year.

This goes to corrupt local elites and running huge gvt bureaucracies, so they will not nationalize their mines or redistribute land to their own people.

That is why the west is rich, and African people are poor.

]]> By: IAmTheResurrection2 http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-849 IAmTheResurrection2 Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-849 <b>We don't owe them " ...</b> <br> We don't owe them "aid". We owe them compensation it. We don’t owe them ” …
We don’t owe them “aid”. We owe them compensation it.

]]> By: BreakPovertyTogether http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-850 BreakPovertyTogether Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-850 <b>I appreciate this ...</b> <br> I appreciate this video so much. Frank and direct about the problems with governmental approaches to poverty reduction. There is a great approach to help but it takes going there, and INVESTING, EMPOWERING, and CULTIVATING basic business creation. The governments are influenced by academics and they do great research, but business creation must be done by business people. That's what we do, and it works very powerfully. These guys are rightfully angry. Most "aid" money is wasted. I appreciate this …
I appreciate this video so much. Frank and direct about the problems with governmental approaches to poverty reduction. There is a fantastic approach to help but it takes going there, and INVESTING, EMPOWERING, and CULTIVATING basic business creation. The governments are influenced by academics and they do fantastic research, but business creation must be done by business people. That’s what we do, and it works very powerfully. These guys are rightfully mad. Most “aid” money is wasted.

]]> By: yahoovisitor http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-851 yahoovisitor Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-851 <b>Loans are granted ...</b> <br> Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments eventually eat up the entire sum. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank Loans are granted …
Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments eventually eat up the entire sum. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank

]]> By: Tennysontigga http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-852 Tennysontigga Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-852 <b>Why is the west ...</b> <br> Why is the west wasting money on projects which do not reduce poverty in Africa. Can someone tell me please? Why is the west …
Why is the west wasting money on projects which do not reduce poverty in Africa. Can someone tell me please?

]]> By: Tennysontigga http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-853 Tennysontigga Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-853 <b>For goodness sake ...</b> <br> For goodness sake please give Africans the credit that they know what is best for themselves. Stop this belief that decisons which are made in the western board room are best for Africa. What is wrong with researching the needs of people and fulfilling those particular needs. Please stop this pretence. For goodness sake …
For goodness sake please give Africans the credit that they know what is best for themselves. Stop this belief that decisons which are made in the western board room are best for Africa. What is incorrect with researching the needs of people and fulfilling those particular needs. Please stop this pretence.

]]> By: otherworldz http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-854 otherworldz Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-854 <b>when europeans ...</b> <br> when europeans colonized africa, they chopped up most natural borders and replaced them with false lines: DIVIDE & RULE. then, they put up puppet regimes, then screwed the people and blamed them for being screwed up. just look at african-americans: whites facilitate their problems then point and say, "look, they're f-d up!" i know, i'm white and live in the southeastern us (60% black). when europeans …
when europeans colonized africa, they chopped up most natural borders and replaced them with fake lines: DIVIDE & RULE. then, they place up puppet regimes, then screwed the people and blamed them for being screwed up. just look at african-americans: whites facilitate their problems then point and say, “look, they’re f-d up!” i know, i’m white and live in the southeastern us (60% black).

]]> By: tinozzz1 http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-855 tinozzz1 Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-855 <b>problem in africa ...</b> <br> problem in africa is their (no)ledership...coruption mix with politicts...and tribal lines beeing put above national interest..no real leders were born in africa in the last 100 years... problem in africa …
problem in africa is their (no)ledership…coruption mix with politicts…and tribal lines beeing place above national interest..no real leders were born in africa in the last 100 years…

]]> By: RacFos http://www.financenewshub.com/debt-relief/damned-by-debt-relief/comment-page-1/#comment-856 RacFos Tue, 14 Jul 2009 16:06:08 +0000 http://www.financenewshub.com/debt-relief/damned-by-debt-relief#comment-856 <b>It is unbelievable ...</b> <br> It is unbelievable that so many strings are attached to debt relief. You don't see westerners going in to banks for loans and being asked if they are using birth control - why do they force these draconian measures on people who really need money and don't simply want to buy a new four-wheeler? You don't see strings being attached to victims of hurricanes or tsunamis: victims such as these aren't forced to fill out target forms to make sure they are rebuilding on target... It is unbelievable …
It is unbelievable that so many strings are attached to debt relief. You don’t see westerners going in to banks for loans and being questioned if they are using birth control – why do they force these draconian measures on people who really need money and don’t simply want to buy a new four-wheeler? You don’t see strings being attached to victims of hurricanes or tsunamis: victims such as these aren’t forced to fill out target forms to make sure they are rebuilding on target…

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