African Leaders Open Summit in Libya

Voice of America & Reuters ^ | 4 July 2005

[Our_Man_In_Gough_Island]

The leaders of the 53-member African Union have opened their two-day summit, where they will focus on debt relief and a greater voice in the United Nations.

The African summit beginning Monday is being held just days before the leaders of the Group of Eight industrialized nations gather in Scotland to discuss debt relief for the war-torn, poverty-stricken continent. The G-8 summit is expected to give final approval to an agreement that forgives $40 billion of debt held by the world's poorest nations, mostly in Africa.

The AU leaders are also expected to support a proposal calling for the continent to get two permanent seats and two non-permanent seats on an expanded U.N. Security Council.

[Patti_ORiley]

Monies flowing into South America and Africa should never be classified as 'loans' because they are never repaid, and in fact, are never intended to be repaid. These 'loans' are simply refinanced, refinanced, refinanced, until they are ultimately forgiven. The only reason we can't properly call these monies 'Charity' is because the use of this term might cause embarrassment on the part of the recipient.

[StopGlobalWhining]

http://www.freerepublic.com/focus/f-news/1435589/posts shows conclusively that foreign aid hurts recipients rather than helps. The G8 leaders already know that, but they continue their charade.

Soft headed and ill-informed types soak it up out of compassion and sensitivity for the poor and starving (like those in Zimbawe and Sudan) and encourage tax increases to "save" them, only to have the money wind up in Robert Mugabe's offshore bank accounts, and building more Mosques to recruit terrorists in the Sudan.

Refuse to accept tax increases to fund this nonsense!