Aid and monetization/ Jan 2nd, 2009 01/25/2009
Approximately 2 billion has been allocated by the US government for food aid to developing countries, most of this is spent on shipping their own food products to the needy countries, (something that compromises the local market and much of that cost covers freight. The majority of the countries who send aid prohibit monetization, that is they try to ensure that farmers buy local so that countries do not become bound to the world market, “Suspicions remain that the US uses monetized food aid programs to avoid limits on its universally contested farm subsidies.” Thus it buys the crops from its own farmers that it would otherwise have to subsidize. Add Comment Nov 23rd, headlines 01/25/2009
923 million people on planet are desperate for food, up from 800 million one year ago. Meanwhile… World Food program to generously spend 1 billion buying food for the hungry (equaling roughly 1 dollar per person), while 140 billion of American tax payers money to go to wall street CEO’s and international bankers (non-American elites). In a related story… the UN is planning on cutting food supplies to Zimbabwe in an attempt to inadvertently depopulate the region. The world food program said it had no response (from itself) to an October appeal for 140 million to feed the countries 5 million starving people. The Mugabe dictatorship maintains an unchallenged reign over the population, in which developed nations have yet to see a financially meaningful reason to topple, which outweighs the financially meaningful reason for it to persist. | 3rd World Slaves
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