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Posts Tagged ‘Aid’

Africa Aid is like the AIG Bailout

George Ayittey

Americans were justifiably outraged when AIG, which received billions in U.S. taxpayer money in bailouts, paid out hefty bonuses to its executives. So where is the outrage when African leaders, who receive U.S. taxpayers’ money in foreign aid, build palaces for themselves while their people wallow in abject poverty?

Read the whole thing on the TED blog.

Categories: Gubberment, International Tags: , , ,

Aid, Trains and Missiles that don't work.

You thought Nagin was bad?

Here’s a case of biting the hand that feeds you.

…food and fuel supplies sent to North Korea have been halted, not to force North Korea to stop missile tests or participate in peace talks, but to return the Chinese trains the aid was carried in on.

From Digg.