"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties. Truth was never put to the worse in a free and open encounter..."
~ Milton
Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.
~Benjamin Franklin

Reading:
A Fistful of Euros
Andrew Tobias
Angry Liberal
Archy
Bad Attitudes
Common Dreams
Fablog
Hullabaloo
Informed Comment
Madelaine Kane
Mahablog
Obsidian Wings
Off the Kuff
Orcinus
Sarah Kendzior
War and Piece
Washington Monthly

Books
The Emerging Democratic Majority (Judis & Teixeira)
Lies and the Lying Liars Who Tell Them (Franken)
Rush Limbaugh Is A Big Fat Idiot (Franken)
The True Believer (Hoffer)
Still Being Bushwhacked

All Book Reviews
Race, Gender, and Sexuality
It's always "us" vs "them"
Women's March on (fill in your location)
Children learn what their parents teach them.
You Got My Support. But.
Even Endangered Penguins Do It

All Race, Gender, and Sexuality
Campaigns and Voting
Where do we go from here?
It's always "us" vs "them"
Some interpretations
On and on I go
Just appalled

All Campaigns and Voting
Lecture Circuit
It Was 40 Years Ago Today
July 2, 1964
Pledge
May 14-15, 1970
The Erotica of Bare Knees

All Lecture Circuit
Media
The Liberal Media, At It Again
Fairly UNbalanced
P.S.
What's this?
OHMIGOD

All Media
Big Brother
Shoulda' Guessed
Where did my country go?
You know what you never thought you'd read?
Not in his name
Sleight of Hand

All Big Brother
World O'Blog
It's Vocabulary Time!
They wrote it
Mighty-fine blogging
Other People Said....
Phillipines

All World O'Blog
Aimless Ranting
It's always "us" vs "them"
So, I'm thinking with half my brain
Do You Know Peter?
Long, Little Privacy Rant
My Takeaway

All Aimless Ranting
Archives
February 05, 2017 - February 11, 2017
January 22, 2017 - January 28, 2017
January 15, 2017 - January 21, 2017
November 13, 2016 - November 19, 2016
October 09, 2016 - October 15, 2016

All Weekly Archives


Electioneering
Open Secrets
Political Wire Exit Polls
Politics1
Polling Report

Information
American Research Group
Center for Democracy and Technology
Center for Public Integrity
Center on Budget and Policy Priorities
Congressional Report Cards
Death Row Roll Call
DebtChannel.org
Democracy Now
Economic Policy Institute
FairVote Colorado
Foreign Policy In Focus
Global Exchange
Human Rights Watch
Independent Judiciary
Inequality
Institute on Money in State Politics
Institute for Public Accuracy
JobWatch
Lying in ponds
Media Reform
Media Transparency
Move On
One World
Open Democracy
Pew Research Center
Project Censored
Public Citizen Health Research Group
Stockholm International Peace Research Institute
Take Back The Media
The Urban Institute
WHO Outbreak News

Connections
XML & RDF
Peevish for PDA



Blog Directory


Search








Credits
Powered by Movable Type

Site Design by Sekimori





All content © 2002-2005 Anne Zook

June 13, 2005
Aid to Africa

Aid to Africa recycled back to donor countries.

It estimates that just eleven per cent of French aid is genuine and of every $1 spent, 86 cents is phantom because it is largely tied to the purchase of American goods and services. Overall, the report said, of the G7 countries, aid only amounts to a minuscule 0.1 per cent overall and would need a tenfold increase to hit the UN target.

The report has been heav- ily criticised but the World Bank gave weight to its findings when it said that western consultants are creaming off a staggering $20 billion from global aid budgets.

I don't actually understand this kind of high-finance stuff (although I do understand the concept of skimming). For instance, I don't understand this:

The ministers said that the World Bank and African Development Bank would be compensated 'dollar for dollar' for the debt cancellation, while the cost of debt relief for the International Monetary Fund "should be met by the use of existing IMF resources" or, by "extra resources" where necessary.

What the heck does "extra resources" mean, I wonder? I wonder if this is an oblique reference to Nigeria's oil resources, mentioned later in the article?

I have saved (but not yet had time to read) the .pdf file which may educate me a bit.

I also find it instructive to read the opinions of those who (ahem) are not, our biggest fans. (We seem to be rather unpopular in places around the world for our arrogance, pushiness, and hypocrisy.

Posted by AnneZook at 08:22 AM


Comments