Do Something Good For The World
07-04-2005, 06:16 AM
#3
Senior Member
Join Date: Nov 2003
Location: Ireland
Posts: 907
07-04-2005, 04:27 PM
#9
Senior Member
Join Date: Dec 2002
Location: Bayou-self Louisiana
Posts: 947
Last night on CNN the top US financial adviser to the UN explained a few things."Which I all ready new but”. here goes some points.
Bono and super stars have know clue about finances and the structure that it takes for a country much their own personal stuff. The European community came up with the state taxing formula of 7 %GDP of a country. However dollar for dollar the US smokes every country in total dollars in (including personal donations) aid that no country can touch. I mean billions. Bush then raised the ante from 10 billion to now 19 billion! Bush is the first President to do so since Hoover. Bono said yea cool but I want more. Then the guy said the problem is the Europeans giving money to a government "dictator or warlord" and there is no infrastructure to manage. As a sovereign country once they get the money they keep it. Those who need help don’t get it. Another "WE can’t win" was the Tsunami. He said US flew in tons of aid, workers and monies so much so the UN came to him and complained that it was too much and it was Imperial financing and that we had to back off cause the UN other countries get upset.... again.
He then said at 7 % GDP of the largest economy in the world would be 91 BILLION dollars and that no third world country has institutions capable of such capacity and the infrastructure to delegate and would be predisposed to loss in corruption. So what the US does is send people, groups organization with financial management to carry out the aid and make sure those in need get it and it is not hijacked by the leaders.
Bono needs to shut the **** up and go live there. Fantasy is not reality ...
You guys need to get away from actors who believe they are psychiatrists and educated lifers in world economics.
Bono and super stars have know clue about finances and the structure that it takes for a country much their own personal stuff. The European community came up with the state taxing formula of 7 %GDP of a country. However dollar for dollar the US smokes every country in total dollars in (including personal donations) aid that no country can touch. I mean billions. Bush then raised the ante from 10 billion to now 19 billion! Bush is the first President to do so since Hoover. Bono said yea cool but I want more. Then the guy said the problem is the Europeans giving money to a government "dictator or warlord" and there is no infrastructure to manage. As a sovereign country once they get the money they keep it. Those who need help don’t get it. Another "WE can’t win" was the Tsunami. He said US flew in tons of aid, workers and monies so much so the UN came to him and complained that it was too much and it was Imperial financing and that we had to back off cause the UN other countries get upset.... again.
He then said at 7 % GDP of the largest economy in the world would be 91 BILLION dollars and that no third world country has institutions capable of such capacity and the infrastructure to delegate and would be predisposed to loss in corruption. So what the US does is send people, groups organization with financial management to carry out the aid and make sure those in need get it and it is not hijacked by the leaders.
Bono needs to shut the **** up and go live there. Fantasy is not reality ...
You guys need to get away from actors who believe they are psychiatrists and educated lifers in world economics.
07-04-2005, 04:37 PM
#10
Administrator
Join Date: Jul 2001
Location: Stuart, FL
Posts: 24,416
And yet there's still people here in Florida with no roof over their head because their insurance told them to eat **** and FEMA gave them the same answer.
We're quicker to dump billions into a foreign economy for a "good cause' but there apparently is no such thing here in our homeland. No cause good enough. I sympathize for many nations and their problems, however I am skeptical that US intervention of any kind is actually "help".
Someover privilaged actor that has no concept of how the world works or what an honest days wage actually is can suck it.
We're quicker to dump billions into a foreign economy for a "good cause' but there apparently is no such thing here in our homeland. No cause good enough. I sympathize for many nations and their problems, however I am skeptical that US intervention of any kind is actually "help".
Someover privilaged actor that has no concept of how the world works or what an honest days wage actually is can suck it.