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Obama has already acted on these beliefs. In the Senate, he co-sponsored the Global Poverty Act, which calls on the US to allocate 7/10ths of 1 percent of our GNP to foreign aid and debt relief. (That's $845 billion more than we're now set to spend over the next 13 years.)

When it comes to global economics Obama has a similar suspicion of business and profit as a source of wealth creation. In his Foreign Affairs essay, he speaks quite a bit about the need for government aid to balance the scales - but little about trade as a source for lifting the developing world out of poverty.

In a statement on the Global Poverty Act, Obama explained we need to transfer massive amounts of money to the developing world and get "beyond trade agreements that are more about increasing profits than about helping workers and small farmers everywhere."

1 posted on 09/24/2009 8:00:20 AM PDT by opentalk
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To: opentalk

does his mama really live in hut?


2 posted on 09/24/2009 8:01:15 AM PDT by the invisib1e hand (dear world: we are so sorry for Barack Hussein Obama. Can you ever forgive us? ** hang the Czars.)
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To: opentalk

New York Post — not the Washington Post.


4 posted on 09/24/2009 8:07:21 AM PDT by BfloGuy (It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
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To: opentalk
Since terrorists are responding to injustices, including disparities in wealth, "sharing our riches," will help them reform.

People who still believe terrorists are incubated by poverty are certifiable, and this one's sitting in the White House.

And, in more news, Obama is going to rid the world of nuclear weapons, which will be about as successful as ridding the hood and the sticks of guns in the USA.

5 posted on 09/24/2009 8:14:46 AM PDT by Will88
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