Fine. Let's not send 'em another penny. Beget the deadbeats.
Interesting, I have the same feelings about paying UN dues.
Which only points out the brilliance of Alexander Hamilton who had the federal government guarantee repayment at our founding.
How many of these are tinpot bannana republics? How many dictators will just pocket the money now?
What can be done with 300 soldiers?
Now will we finally tell the UN to take a flying leap?!
No, sadly we will probably give even more AIDS money to africa.
Typical liberal mentality.
They think that the only way to restore your credit is to default on loans and deny they ever existed.
The UN wants us to support them and do their work also, while they sit around, draw their paychecks and not do a thing. Socialism at its best.
Sachs called on the developed world to double aid to Africa to $US120 billion a year and meet commitments they made in 1970 to spend at least 0.7 per cent of their gross domestic product on grants and loans."
Suppose one tells their banker they won't be repaying an auto note, but they expect a home loan ASAP? Who'd be the laugh?
This guy poses as a "top economic advisor"? No wonder the UN is so irrelevant....
I'll agree that $283 billion of debt for this part of the world is not repayable. The problem with the whole issue is that no one at the UN takes the issue any further than forgiving debt and asking for more money. They have created tribal welfare states and allowed genocide to continue. For these economies and in local currencies, $283 billion is a LOT of money. Where did it go? If someone would stand up and address the real issue head on I wouldn't have a problem forgiving the debt and helping out. But not until this happens.
Otherwise, why would he suggest a short-sighted policy guaranteed to cut African countries off from foreign investment and keep them mired in poverty?
Though not as was meant ... the time has come to end this charade known as the UN.
"The United States and other rich nations spent billions of dollars on arms but only a minute fraction of that on fighting poverty..."
Maybe so, maybe so.
But um, the US is free to spend its own $$ on whatever the f--k the US wants, and if we want to put it into weapons R&D and not spread it around Africa too bad.
Maybe Sachs can guess when Africans will take more interest in bettering themselves, instead of waiting for "rich nations" to do it for them?
Fighting poverty in socialist or autocratic nations without true rule of law? Yeah, right.
And those spreading and receiving AIDS in Africa can't even use drug addiction or homosexual compulsiveness as "excuses." And the epidemic continues its exponential growth due to promiscuity, ignorance, carelessness, primitive hygiene, superstition, rape, and child molestation.
There comes a time when, after it has been clearly shown for centuries that no amount of "assistance" or governance will mitigate a deplorable situation, it is necessary and prudent to just let nature take its course.
And that time is now. The natural precepts of Darwin are inescapable......
Can someone please inform Mr. Sachs to STFU ?
My tax dollars do not belong to the UN or any of their causes. The wealth of this great country is testimony to our people, not some jeolous robber-baron scenario.
I'm glad we try to help people throughout the world, it too is testimony to our great nation's goodness. We should demand an ROI however, if the funds are not effective in making change they should dry up.
It would seem that many of the issues affecting the success of African nations is not the result of having debts to larger countries. The issue is accountable leadership that desires having the Continent join in the 21st century.
Yet the elected, who "represent" US, refuse to put Americans and American interests first.
I have no use for government redistribution schemes.
Does Mr. Sachs similarly cancel debts owed to him and his family?
bump
What would Dick Cheney say to the United Nations?
Someone send these moronsa copy of Hamilton's papers.