What benefit do the People of these United States receive from these gifts of money to governments of other countries?
Is a question like that ever asked or answered?
You think you’d get an answer from Hillary or Chuck???
I’m just asking, not trying to rub salt in yer wounds...;-)
Youll recall the embarrassing deal made by the Obama administration last year to head off Brazils right to impede American exports in retaliation for WTO-illegal cotton support. The United States is, in other words, now sending almost $150m worth of technical assistance and capacity building funds to Brazil, just so we can continue to subsidize American cotton growers without penalty (so much for U.S. promotion of the rule of law in international commercial relations). Rep. Ron Kind (D-WI) tried to end that deal earlier this year, but to no avail. Big Ags friends in Congress argued, unfortunately successfully, that any changes to the cotton bribes should be dealt with in the context of the 2012 Farm Bill, and by the agriculture committees (good luck with that).What benefit do the People of these United States receive from these gifts of money to governments of other countries?
Cato.
If you believe the selection I posted above, then you are bribing the Brazilians to remain silent about the juice you are paying to the cotton growers.
>>What benefit do the People of these United States receive from these gifts of money to governments of other countries?<<
The easiest answer is that we do not want holders of U.S. Treasury bonds to appear at our door asking to cash them in. So we give them foreign aid to continue holding them for us. We up the interest they receive on them by giving them a small legal kickback.