[BlackJack]

Poverty in the third world is mainly due to incompetence and corruption in the governments of third world countries.

[Pukka Puck]

Shoot, if the guy had a fast internet connection, it sounds like the ideal job.

[Diogenesis]

WILL THERE BE ACCOUNTABILITY? ..........................

No.

[jd777]

Rep. Steve Israel, D-N.Y., a member of the House Financial Services Committee, tells Insight: "The multilateral development banks are critical instruments for reducing poverty around the world and making life better for billions of people.

That is an outrageous lie. Can we have our money back, Steve?

[angkor]

While there are significant policy issues that call World Bank funding into question, mere larceny is not one of those issues.

How do I know?

I worked there. And we caught several.

The real problem with the WB is the cast of thugs and "legitimate" enterprises snaking through the halls on a daily basis.

[TPartyType]

#1 . . . absolutely right. Most famine would be averted if food aid got to the people who need it rather than to profiteers and corrupt regimes. Sad.

[waxhaw]

I've been overseas serving in our embassies and consulates since 1988 and I've seen firsthand the "work" of the WB, IDB and IMF. It has nothing to do with improving the lot of the poor; the poor have only become poorer. This money serves to get the ruling elite to sell their souls and their nations to the "first world"; the rulers get rich and their nation surrenders its sovereignty. Our State Dept. is active in this and the majority of our ambassadors spend a good deal of their time selling this idea. Davidow, our former ambassador in Mexico, recently told Mexico it was time this nation "applied" for a loan from the IMF. Let's see, Mexico has enviable farmland, huge deposits of copper, aluminum and silver, petroleum, fisheries and some of the most popular tourist spots in the world... and yet Davidow wants them to apply for a loan. Of course, once the loan has been taken from the IMF, Mexico is no longer a sovereign nation, but subject to external monitoring. All part of the plan for a coming one-world-government.

[B4Ranch]

the U.S. Treasury Department is the executive-branch overseer of the development banks. And in November 2000 it successfully killed recommendations to Congress proposed by the U.S. Agency for International Development that greater public disclosure of the banks' operations be mandated and a better process of external and internal review be established to prevent potentially illegal loans from being approved.

Third world country, is that what we are?

[bvw]

bttt