H
HagiaSophia
Guest
This $40 billion debt write-off is being hailed as the most magnanimous act since the Marshall Plan. But there is another way to see it: George Bush signed onto one of the biggest bailouts in history. For, here, children, is what has just gone down:
wnd.com/news/article.asp?ARTICLE_ID=44789
Code:
•
• First, that $40 billion was squandered or stolen by the most corrupt regimes and biggest thieves in the Third World. The money is gone. We shall never see it again. And all the wastrels and crooks who got away with it will not be pursued.
•
• Second, the idiot-bankers at the IMF, World Bank and African Development Bank who failed to do due diligence when they made the $40 billion in loans, and lied about how good the loans were, will not be exposed and prosecuted, or tarred and feathered as they should.
•
• Third, the IMF, World Bank and African Development Bank will see all their lost funds replenished, so they can start flying around to those same exotic countries and capitals, shelling out new loans to the same crowd of crooks and incompetents, or their successors.
•
• Fourth, American taxpayers will have to pony up the cash for this historic bailout of the international banks.