Debt Relief and Reality Check

The United States and other first world nations have been asked to forgive debts of foreign third world nations. We have obliged in doing so. This is a tremendous gift to the world, yet there are a few problems with this. Number one; that money, we as a nation are paying interest on the debt. It adds to our national debt. Another issue is that when you give away money you make others weak; "give a man a fish" theory. Often when we give other nations monies we do so for a specific ear marked use.

Often what we find is that the nation's leadership lacks the integrity to use all the monies for the appropriate endeavor. In Nigeria the leadership absconded with money, which was ear marked for the impoverished and for medical needs. Yet the leadership bought a band new Gulfstream Jet Aircraft. Of about 45 million given in this one instance, 30 million was spent on hangar upgrades, pilot's salaries, security and the aircraft itself. Only 15 million is "Said" to have gone for its intended purpose. This minor example is irrelevant in the over all scheme of things, as this goes on worldwide.

As we end up forgiving the debts of nations in the third world, we must realize that there are significant issues. We keep pointing to the poor and impoverished and how it is not fair. Indeed, everyone agrees that is a travesty, as water supplies, raw sewage, diseases, power, communication and education all need funds to get going and a nation in debt behind the eight ball can never get out of dodge. Similarly those who work at low wages in the United States often find the costs of living in excess of the salary they take in causing issues with insurance, driver's licenses, apartment rental, health care, proper food nutrients and then credit card debt and poor credit ratings. This makes it impossible for them to get out of debt. So the issue is fundamental and indeed quite simple to understand.

It is hard for some to wish to forgive the debts of such nations, because the money was not well spent or stolen. It seems if we are to forgive such large debts to foreign nations we need to rethink our future strategy at the World Bank. Here is a thought. If a country "wants" funding then we ought to see what it is for. Then hire US or First World Nation Contractors to build whatever it is they need in those third world countries 'wanting' money. I propose that we have first world nations under contract and fair transparency of accounting go in and build those things, which are necessary for level playing fields and civilization. The Flows of civilization are in fact necessary to allow for the forward progression of a culture or human based society. When I say "flows of civilization" I refer to those things that first world nations have secured that have allowed them to remain solid foundations and civilizations; The flow of water, energy, transportation, communication, distribution, education, common currency, common language, trade, etc. are keys to any ongoing civilization. If you invest in those things you will find a greater chance for success on collecting on the loans and even if you have to forgive some in the future, you will still have made out ahead of the game for the people living in such regions.

I propose that sewer treatment plants, water filtration, wells and desalination plants be first on the list and build sturdy enough that even direct hit from a 500 Lb. Bomb will not hurt them. Many third world nations are still at war, but the infrastructure must remain in tact. If you do not have clean water everything else is for not because people will be dying and the child mortality rate will remain 5:1. It is possible to do this and needs to be done this way. Also those companies under contract to build highways, communication systems, schools, agricultural infrastructures and water facilities should be required to hire local labor and train them too, whenever feasible. Think on these thoughts please.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

---

Count Rumford

Why did FDR say Benjamin Franklin, Thomas Jefferson and Count... Read More

Bureaucracy Suffocating the Flow of Transportation

We are slowing the transportation flows of our civilization by... Read More

TABOR: The Growing Taxpayer Bill of Rights Movement and Economic Incentives for Industry

A governing.com report blast one of the major grassroots initiatives... Read More

Six Sigma Can Improve Government Practices

Government bodies at any level, local, state, and Federal, can... Read More

Dont Trade Rights for Security

"Those who sacrifice essential liberty for temporary safety are not... Read More

Government Backed Fraud in Academia

Contrary to the Hobbesian prediction of anarchy (freedom) and brutish... Read More

Population and Transportation in the Modern Era of International Terrorism

It is important as populations expand to work on the... Read More

National ID Cards Have More Than Australians Concerned

Fearful that terrorists will next target Australia, Prime Minister John... Read More

An ROI on National Security

Do you find it interesting that people complain about the... Read More

Maryland State Legislator wants to kill jobs and small business

Last year a Maryland State Legislator whom I presume never... Read More

Iran is Escalating the Conflict

Iran has threatened to raise America's fuel prices again. They... Read More

Mexicanizing America

A friend of mine, who lives in the thick of... Read More

The Cost of the COLD WAR

Many people who are expert in the issue of the... Read More

Fuel Prices on the Rise

With gasoline prices at the pump climbing strongly into the... Read More

Global/Israeli Corruption!

What depth of blind insanity has inflicted itself upon Israel's... Read More

MORAL ARMORS Economic Warning for Americans

For years we've suffered under recession, prompting us to ask,... Read More

End Of History? Not Quite

A visitor to Moscow would be immediately struck by the... Read More

When Will the World Wake Up?

How can any human being today, anywhere in this world,... Read More

US Government Sore Losers in Not So Neighborly Dispute

I'm getting a little tired of being lectured by that... Read More

Super Voting Ink and Vaccines

In the future when we decide to help nations vote... Read More

What Price Loyalty?

With the recent shakeups in the presidential cabinet, it has... Read More

National Archives Needs to Embed RFID Tags in Ink

Perhaps we should have printers with ink which has metallic... Read More

Was Pakistan a British Creation?

The furore in the BJP camp in India, triggered by... Read More

Gone With the Wind Almost Did Not Make It

Corporate America has been shaken recently by lawsuits and criminal... Read More

World Moving from Socialism to Capitalism

The recent Jakarta summit of Asia and Africa brought remembrance... Read More

Space Colonies a Primary Goal

Many folks who are pro-NASA and Pro-Space Colonies say that... Read More

Government Overregulation of Broadcast Content Could Backfire

Rush is right! The government's stepped up bid to regulate... Read More

The Black Flag Of Anarchy

Rational, sober, logical citizens wonder what exactly the terrorists want.... Read More

Garbage in Garbage out; California Blackouts

Why did the California energy crisis happen? Who is to... Read More

Public Sector Economies in Transition

In the previous article, we described the various methods developed... Read More

Proven Risk Youth Vs At-Risk & High-Risk Youth

In the fields of juvenile justice policy and programming, there... Read More

How to Deal with Poverty

A SOLUTION FOR EMPLOYMENT PROBLEMS TO AID IN THE FIGHT... Read More

Oil Prices Effect The United States Competitiveness

Just because we have been leading the World in innovation... Read More