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Alan Caruba writes a weekly column posted on the Internet site of The National Anxiety Center, www.anxietycenter.com. He blogs daily at http://factsnotfantasy.blogspot.com

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We’re Broke, So Let’s Give Our Money to Foreigners By Alan Caruba

Suppose you were an idiot. And suppose you were a member of Congress,

but then I repeat myself.” – Mark Twain

Given the talk of President-elect Obama’s possible selection of Sen. Hillary Clinton as Secretary of State in his new administration, the likelihood of “change” is growing more distant by the hour.

The Obama administration is going to look very much like the Clinton administration and, if anyone recalls, we spent the 1990s sorting out its many scandals and failures, despite a healthy economy bequeathed by the Reagan years. Clinton finished his term pardoning—among a raft of miscreants, Linda Evans, a former member of the Weatherman terrorist group led by Obama pal, William Ayers.

A raft of insanely liberal legislation is waiting to be foisted on Americans. One up for consideration by the lame duck Congress is S. 2433, otherwise known as the “Global Poverty Act of 2007.”

In his book, “The White Man’s Burden: Why the West’s Efforts to Aid the Rest have Done so Much Ill and so Little Good”, William Easterly noted that, in 2002 “We had the world’s twenty-five most undemocratic government rulers (out of 199 countries the World Bank rated on democracy) get a sum of $9 billion in foreign aid…similarly, the world’s most corrupt countries got $9.4 billion in foreign aid.”

Easterly, an expert on such aid efforts pointed out that “Since donors understandably don’t want to admit they are dealing with bad governments, diplomatic language in aid agencies becomes an art form. A war is a ‘conflict-related reallocation of resources.’ Aid efforts to deal with homicidal warlords are ‘difficult partnerships.’ Countries whose presidents loot the treasury experience ‘governance issues.’

It is estimated that at least a billion of the world’s population lives in poverty. Nobody denies it remains widespread, but poverty is solved by maintaining educational systems that ensure literacy and other useful skills, encouraging entrepreneurship, and mostly by ending the corruption that is the hallmark of virtually every nation on the continent of Africa, the distinguishing feature of Middle Eastern nations, and too many others.

For decades the nations of the West have transferred billions of dollars to nations with no evidence of any progress.

The Global Poverty Act proposes to work with what is possibly the most corrupt international institution in the world, the United Nations, as well as other “international organizations, international financial institutions, the governments of developing and developed countries, United States and international nongovernmental organizations, civil society organizations, and other appropriate entities…”

Its expressed purpose is “To require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global policy, the elimination of extreme global poverty, and the achievement of the Millennium Development goal of reducing by one-half the proportion of people worldwide between 1990 and 2015, who live on less than $1 a day.”

Its sponsors include Sen. Barack Obama and a who’s who of liberal legislators that include Joe Biden, John Kerry, Diane Feinstein, et al.

Let us understand this. We and the rest of the world are not under attack from Islamofascists because of poverty. This is a movement drawn entirely from the Koran, an alleged holy book that serves as a battle plan for the complete subjugation of the world to Islam. We’re not going to end this conflict by giving the al Qaeda, the Taliban, or the nations in which they flourish a few billion.

As Easterly and many others point out, much if not most of the foreign aid the U.S. has spread around the world has been a complete and utter waste of our financial resources. The poverty it was supposed to end continues and will continue until the recipient nations operate under the rule of law that is not laid down by the dictators who control and loot nations.

The Global Poverty Act of 2007 will further sap the United States of its financial resources at the same time they should be applied to the nation’s aging infrastructure and resolve the huge burdens of reckless debt that exist from small towns up the States and the federal government.

This is just the beginning of comparable legislation that will wreck America’s economy, leave us bereft of the energy we require, and ruin the future of “Generation O” along with the rest of us.

Alan Caruba writes a daily blog at http://factsnotfantasy.blogspot.com. Every week, he posts a column on the website of The National Anxiety Center, www.anxietycenter.com.

Cross Posted At All American Blogger

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  1. You guys crack me up. You start this article by saying, “…despite a healthy economy bequeathed by the Reagan years.”

    So, Reagan bequeathed the economy on Clinton? Aren’t you forgetting that after Reagan we had four years of G.H.W. Bush, and that during his tenure we had a nasty recession? So, how did Reagan’s bequest jump over the intervening four years of Bush I?

    Don’t get me wrong. Clinton was a scumbag, not an honorable man. But don’t distort the facts. Ronald Reagan famously lowered taxes, but he did so by borrowing money—which constitutes a tax in the future on American citizens. When Reagan took office, the United States was the richest nation in the world. By the time he left office, we were the largest debtor nation in the world. His successor, GHW Bush, continued in the Reagan tradition of borrowing heavily, further increasing the national debt. Clinton lowered the national debt, and so reduced the federal budget deficit inherited from Reagan and Bush I that he handed a $526 billion dollar surplus to Bush II. That was the highest level of surplus since the early 1960’s. Bush II squandered that surplus, leaving a $648 billion dollar deficit at the end of his first term.

    The national debt currently stands at $10.6 trillion dollars, and increases at a rate of $1.5 billion dollars… per day! 70% of that debt was incurred under Reagan, Bush I, and Bush II. Any economic prosperity under these presidents was a result of borrowing money, and not by production.

    What kills me is that, because of their social posturing, it is so widely believed that Reagan and the Bushes are “conservatives.” Borrowing $7 trillion dollars is the very antithesis of conservative economic policy. Ironically, Bill Clinton was both more fiscally conservative and economically responsible than these famous “conservative” Republicans. What would Barry Goldwater have said of the profligacy of Reagan/Bush/Bush???

    What gets me is that no “conservative” ever mentions these borrowings, and how they have undermined the strength of The United States. To think that when Ronald Reagan took office we were fiscally sound, the richest nation in the world, and now we’re on the brink of potential financial ruin.

    Nice going, “conservatives” !

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