Skip to comments.U.S. Crafting New Economic Recovery Plan
Posted on 05/30/2012 6:00:27 AM PDT by Steve Peacock
The damage caused by the global financial crisis requires additional federal intervention, according to the Obama Administration, which is launching a new program to foster growth and stability at a time of increasing economic turmoil. This particular endeavor, however, will focus its efforts on improving conditions in Eastern Europe, the Western Balkans, and the newly independent states, or NIS, of the former Soviet Union.
The U.S. Agency for International Development (USAID) is designing this Europe & Eurasia (E&E) regional project in order to promote trade, investment and regulatory integration; enhance regional competitiveness, and support financial sector stability.
The agency did not disclose an estimated cost of the program, which remains under development. It is conducting market research of potential contractors capable of carrying out services in the region. USAID mayor may notrelease a more detailed solicitation at a later date.
If indeed it executes this project, USAID will target thirteen nations where USAID already has established a presence, including the Western Balkans (Albania, Bosnia, Kosovo, Macedonia, Montenegro, and Serbia), Western NIS (Ukraine, Moldova, Belarus), Russia, and the Caucasus (Georgia, Armenia and Azerbaijan).
According to a Sources Sought Notice that U.S. Trade & Aid Monitor located via routine database research:
Despite the tremendous progress made over the years, many of these countries are still struggling to regain the living standards that they enjoyed under communism and to integrate themselves into the ever more competitive world economy. Furthermore, the region has been disproportionately adversely affected by the 2008-2009 global economic crisis and, now, by the ongoing Eurozone financial crisis Several countries in the region have unemployment rates above 20%, labor productivity remains well below the EU standards, and export growth rates have stagnated.
The four principal technical areas for which contractors may provide services include:
1. Regional Trade Facilitation;
2. Private Sector Competitiveness and Enterprise Development;
3. Business Enabling Environment (meaning, support of legal and regulatory reform and rule of law issues); and:
4. Financial Sector Stability, Growth & Inclusion.
USAID will accept capability statements from interested providers until June 11 at 2 p.m.
'cause they think the term "quadrillion" will confuse people.
The world is insane. In Europe, they've been talking about austerity for a couple years now -- they haven't really tried austerity, and now the general trend seems to be: "Let's give up on austerity; it clearly doesn't work. Let's go back to wild deficit spending and big social programs! Maybe that will get us out of debt!"
And here in America, we're really doing the same thing.
a lame day-late-and-dollar-short attempt to suck these areas back from Putin’s Restored Soviet Union.
Here is my economic recover plan:
1) Constitutional money
2) Honest weights and measures, honest judges, enforcement of contracts
3) Federal government revenues restricted to duties and imposts
4) Federal government must live within its restricted revenues (no borrowing), say goodbye to all extra-constitutional federal agencies
5) No taxes on income (ever, in any form)
6) No “entitlement” programs
“It is conducting market research of potential contractors capable of carrying out services in the region.”
IE: campaign donors.
USAID contracts for sale, make your offer.
7) All Congressional electoral finances must be local; within their respective political boundaries.
So they're wanting to sign the US taxpayers up for a potentially unlimited debt.