Tuesday, May 16, 2006

ABC News: MYTH: More Foreign Aid Will End Global Poverty

ABC News: MYTH: More Foreign Aid Will End Global Poverty: "Arunga grew up in Kenya, and she wonders why Americans waste money on foreign aid to Africa � when many politicians just steal it.
'Africa is full of governments that steal money,' she said.
Billions of dollars are hidden by African politicians in Swiss banks or spent on mansions, lavish trips and luxury cars.
Even food aid gets stolen. When '20/20' went to Kenya a few weeks ago, Kenyan farmers said bags of food aid from their government never arrived.
'You find most of it is getting lost on the way,' farmer Joseph Nthome said. Lost, but then found � for sale in street markets.
So much is stolen because we rely primarily on governments to administer foreign aid, and many African governments are kleptocracies. "Myths, Lies and Downright Stupidity," John Stossel Buy This book ...... David
1. 2. 3. 4. NEXT� "

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