[domenad]

PRECISELY! What I haven't seen one fool point out yet was that the microcredit principle is a purely capitalistic idea. It was conceived and brought to fruition in an entrepreneurial spirit and is a stellar example of how to cure poverty - teach a man to fish, and LEND him a few bucks for a pole.

[avg_freeper]

I was listening to a radio program a while back (on NPR of all places) that concerned itself with what people in Third World Countries want. In other words what they want instead of what the "We Are The World" "drive-by-charity" types want to provide.

They were unanimous in their desire for the following three things:

• The right to own property.
• An enforcible system to protect that right.
• To woo capitalists into providing small, low interest loans.

The NPR person was completely taken back that these "miserable people" who's station in life is to make liberals feel they're needed would desire such things.

[Old Professer]

It is a pass-along; one person takes money from many sources and loans it to a few who are never made to repay it when their fortunes fail to improve.