Foreign aid - good or evil?

[DuncanONeil]

The home lending issue was not created by the banks!

Thorne,

I would like you to cite the falsehood that poverty is due to ignorance. I can say, and I feel that it is true, that lack of charity or aid, is a sign of ignorance. I don't know that that makes it true or not, I believe it and could support.

Let's take foreign aid first. Most of the poverty, I feel, in Africa and Latin America comes from corrupt power in those countries. North Korea would be an example as well. If I am a North Korean farmer is it ignorance that keeps me in poverty and keeps me starving or is it the guy with a machine gun that keeps from aspiring to anything more. Poverty may be better than dying or having my family killed. That makes me pretty brave and smart (ANd I mean those farmers, I don't know that I would have that courage).

The same can be said for the people in Mugabi's Africa.

And in this country we have seen power being corrupt. The most recent example is the Bank Bailout. Without any conditions on the money, banks have hoarded, or used the money to buy up other banks instead of helping the people who are hurting.

And I even heard that the money is now getting into the hands of the same predatory lenders that got us in to this mess. And what about the homeowners. They are stuck with foreclosing and losing everything.

And the ignorant bankers are so short0sighted that they shore up their stockholders for the near term and destroy the financial systems of the world. These rich bastards are the ignorant ones. They get their short-term results and fuck the rest of the country.

Sounds pretty ignorant to me.