Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bush Plans New Agency to Dole Out Billions in Aid
Reuters ^

Posted on 11/25/2002 8:43:37 PM PST by RCW2001

click here to read article


Navigation: use the links below to view more comments.
first 1-5051-83 next last

1 posted on 11/25/2002 8:43:37 PM PST by RCW2001
[ Post Reply | Private Reply | View Replies]

To: RCW2001
Why am I not excited about this? Maybe because I'm a taxpayer and will be paying for it?
2 posted on 11/25/2002 8:46:57 PM PST by Ciexyz
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ciexyz
Probably because the US will not qualify (failed on corruption) - Did you see the report today about SSA workers selling SS cards to illegals?
3 posted on 11/25/2002 8:52:36 PM PST by patton
[ Post Reply | Private Reply | To 2 | View Replies]

To: RCW2001
President Bush plans to create a new government agency to dole out billions of dollars....

Another one?

4 posted on 11/25/2002 8:53:12 PM PST by AAABEST
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ciexyz
"Why am I not excited about this? Maybe because I'm a taxpayer and will be paying for it?"

That's just what I was thinking. Who knows, maybe GW means it about corruption being a pass/fail. Few third world countries can pass the corruption test, even the countries listed in the article.

Thailand, for instance. In 1995, I think it was, the Internal Minister told government employee's, on national television no less, that since they would not be getting a raise, they should solicit bribes from the people.
5 posted on 11/25/2002 8:54:37 PM PST by jimtorr
[ Post Reply | Private Reply | To 2 | View Replies]

To: Ciexyz
No, no, no, it's because you're racist and against those from different countries of origin besides your own. If you were a good Republicrat, you'd want GWB to go even farther. Maybe he could give aid to countries who show PROMISE in human rights, economic rights, and corruption.

"Hey...Ghana's not as bad as it used to be! Let's send them a billion bucks to say thank you!"

Imagine how people who contribute most of the taxes in this country must feel. Warren Buffett must be ecstatic at the notion that he's had almost half his yearly income seized to build a better %^&*ing GHANA.

THIS MONEY IS NOT YOURS TO GIVE, GEORGE.
6 posted on 11/25/2002 8:55:28 PM PST by LibertarianInExile
[ Post Reply | Private Reply | To 2 | View Replies]

To: RCW2001
I think this may cause some heartburn with some.

I do like the idea of competing for the dole. Our foreign aid outlays are indeed smaller as a percentage of GDP, but we make up for that in other ways that are not put into dollar and cents terms, such as military assistance, grants, forgiven loans, IMF and other funds that we allocate.

Then on the other hand, the world view of the U.S. as a bully and hothead seems to be growing. Something does need to be done but free money breeds contempt.IMHO.

7 posted on 11/25/2002 8:59:32 PM PST by Cold Heat
[ Post Reply | Private Reply | To 1 | View Replies]

To: LibertarianInExile
THIS MONEY IS NOT YOURS TO GIVE, GEORGE.

Sure it is. We give it to the Gov't and then they dole it out as they see fit.
If we don't like it we vote them out of office.

8 posted on 11/25/2002 9:00:11 PM PST by Jorge
[ Post Reply | Private Reply | To 6 | View Replies]

To: RCW2001
A thought just crossed my mind.

I would be for this if we took our U.N. dues and put them in this fund.

After we padlock the N.Y. offices and put it up for rent.

9 posted on 11/25/2002 9:04:25 PM PST by Cold Heat
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jorge
THIS MONEY IS NOT YOURS TO GIVE, GEORGE.

Sure it is. We give it to the Gov't and then they dole it out as they see fit. If we don't like it we vote them out of office.

"There are people who think that plunder loses all its immorality as soon as it becomes legal. Personally, I cannot imagine a more alarming situation." -- Frederic Bastiat

10 posted on 11/25/2002 9:06:11 PM PST by Gunslingr3
[ Post Reply | Private Reply | To 8 | View Replies]

To: Ciexyz
bttt
11 posted on 11/25/2002 9:08:09 PM PST by Joe Hadenuf
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jorge
http://www.kmj580.com/Manders/Crocket.html

Taxation is not a contribution--there's a difference between being coerced and being generous. We don't give it to the government, Jorge. They take it from us. If we don't 'give' it to them, THEY CAN ARREST US.
12 posted on 11/25/2002 9:08:20 PM PST by LibertarianInExile
[ Post Reply | Private Reply | To 8 | View Replies]

To: RCW2001
Using the estimates of the Whitehouse and DOD, Retired Disabled Veterans will be funding this with their pensions.
13 posted on 11/25/2002 9:15:59 PM PST by Militiaman7
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ciexyz
Looks like many strings are attached to this money. Maybe none of the countries will qualify. Thought I read about this months ago?
14 posted on 11/25/2002 9:18:57 PM PST by dalebert
[ Post Reply | Private Reply | To 2 | View Replies]

To: LibertarianInExile
We don't give it to the government, Jorge. They take it from us. If we don't 'give' it to them, THEY CAN ARREST US.

So you can be arrested if that's what you want. You still have the choice.
Most of us gove it willingly. Considering we want roads to drive on, Police forces to protect us, a Military force etc. That's only reasonable.

15 posted on 11/25/2002 9:44:53 PM PST by Jorge
[ Post Reply | Private Reply | To 12 | View Replies]

To: RCW2001
Will Bush be running on the Repub ticket in '04 or the Dem ticket?
16 posted on 11/25/2002 10:12:28 PM PST by Ian McGreggor
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jorge
So you can be arrested if that's what you want. You still have the choice.

The same 'choice' one faces when extorted by a mobster - kidnapping.

Most of us gove it willingly. Considering we want roads to drive on, Police forces to protect us, a Military force etc. That's only reasonable.

Nice job of obfuscation! Roads are funded by gasoline taxes, police by local community taxes, and the military accounts for 16% of federal government spending in 2002. I'd rather cut federal taxes by 80% than have my money confiscated and redistributed to people in other countries. It's crap like this that makes it clear there's no principled difference between Republicans and Democrats. Their eagerness to confiscate and redistribute our money as they see fit is merely a matter of degrees.

17 posted on 11/26/2002 3:46:35 AM PST by Gunslingr3
[ Post Reply | Private Reply | To 15 | View Replies]

To: RCW2001
None of these countries deserves a dime of my money.

I earned it, I should keep it.

Ron Paul 2004
18 posted on 11/26/2002 4:14:36 AM PST by WhiteGuy
[ Post Reply | Private Reply | To 1 | View Replies]

To: RCW2001
bump
19 posted on 11/26/2002 9:11:50 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 1 | View Replies]

To: dalebert
Thought I read about this months ago?

It was the subject of the Hildebeast's book.
Somebody must've taught Dubya how to read.

20 posted on 11/26/2002 9:14:19 AM PST by Willie Green
[ Post Reply | Private Reply | To 14 | View Replies]

To: RCW2001
Isn't the Millennium Challenge Account set up away from the hold of the United Nations control?

What was the matter with just leaving this be? Why does an entire agency need to be formed?

When this agency and I am sure many others could deal with this so called account I never voted, nor asked for.

21 posted on 11/26/2002 9:16:04 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gunslingr3
Why can't this agency control this account as it seems they are now, as in post 21?


22 posted on 11/26/2002 9:19:23 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 17 | View Replies]

To: RCW2001; Scholastic
So much for onetime Republican notions of balancing the budget and fiscal austerity. Bush is going to open up the wallets of US taxpayers to the tunes of tens of billions of dollars a year.
23 posted on 11/26/2002 9:19:29 AM PST by rightwing2
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gunslingr3
US AID ORGANIZATION


24 posted on 11/26/2002 9:21:11 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 17 | View Replies]

To: dalebert
Maybe none of the countries will qualify.

Bush will not be president for life (though right now he acts like it). As soon as a Dem gets in office the qualifications drop to how PC the aid will look.
25 posted on 11/26/2002 9:26:22 AM PST by self_evident
[ Post Reply | Private Reply | To 14 | View Replies]

To: RCW2001
What is the name of this new agency?
26 posted on 11/26/2002 9:36:06 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 1 | View Replies]

To: AAABEST
I am confused as well, we have one, already-or did they whip up a web page (The US AID agency I posted the direct link to) already for the new agency?
27 posted on 11/26/2002 9:49:18 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 4 | View Replies]

To: AAABEST
Drudge seems at the least not so happy with the President, right now. May be Drudge misconstrued the article's meaning...Who know's?????
28 posted on 11/26/2002 9:51:54 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 4 | View Replies]

To: patton
Did you see the report today about SSA workers selling SS cards to illegals?

I saw it, it's the tip of the iceberg.

29 posted on 11/26/2002 9:55:21 AM PST by Joe Hadenuf
[ Post Reply | Private Reply | To 3 | View Replies]

To: RCW2001
I getting tired. I don't feel like working 'anymoe'.
30 posted on 11/26/2002 10:01:58 AM PST by CWRWinger
[ Post Reply | Private Reply | To 1 | View Replies]

To: Jorge
So you can be arrested if that's what you want. You still have the choice

Choice? The choice of giving our hard earned money to the government, so they can turn around and give it away to people in foreign lands, or not pay our taxes and go to jail? This is a choice?

It's my opinion that as long as either of the two parties cartels are in DC, they will continue to spend and take our money to give to people that have no earned it nor deserve it.

This is not much of a choice is it?

What choice will you be making?

31 posted on 11/26/2002 10:03:24 AM PST by Joe Hadenuf
[ Post Reply | Private Reply | To 15 | View Replies]

To: RCW2001

32 posted on 11/26/2002 10:35:42 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 1 | View Replies]

To: rightwing2
Now, now, now.

This agency will act as a carrot and stick to help develop nations into good little democratic republics, and help prevent the T word. (Sarcasm//off)

33 posted on 11/26/2002 12:42:17 PM PST by Scholastic
[ Post Reply | Private Reply | To 23 | View Replies]

To: self_evident
YOu are right, Bush won't always be around to monitor the bucks. Maybe the plan will have to be abondoned after a couple of years. Communism is taking root in South America so we need a plan. Maybe a really big bomb.
34 posted on 11/26/2002 5:28:34 PM PST by dalebert
[ Post Reply | Private Reply | To 25 | View Replies]

To: Willie Green
Do they call you Smart Willie? This article says "Bush Plans...." It may never happen.
35 posted on 11/26/2002 5:31:47 PM PST by dalebert
[ Post Reply | Private Reply | To 20 | View Replies]

To: Scholastic; Gunrunner2; IronJack; belmont_mark
This agency will act as a carrot and stick to help develop nations into good little democratic republics, and help prevent the T word. (Sarcasm//off)

I suspect that our intervention in socializing the economies of foreign countries will do about as much good as say the intervention of the IMF (which led to the collapse of the Argentine economy a year ago) and engender equally as much good will. I was in Buenos Aires this past June as a member of a DoD led government delegation and stayed at the Sheraton which is a fine hotel. Unfortunately, unbenownst to us, the IMF was staying there too and the IMF protesters protested en masse right on the hotel grounds and started a couple small fires. We were told that our safety could not be guaranteed and to remain in the hotel for the duration of the evening.
36 posted on 11/27/2002 5:09:26 AM PST by rightwing2
[ Post Reply | Private Reply | To 33 | View Replies]

To: rightwing2

37 posted on 11/28/2002 8:21:22 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 36 | View Replies]

To: Scholastic

38 posted on 11/28/2002 8:23:48 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 33 | View Replies]

To: Militiaman7; 68-69TonkinGulfYatchClub; agitator; amom; Alamo-Girl; madfly; backhoe; lowbridge; ...

39 posted on 11/28/2002 8:28:32 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 13 | View Replies]

To: RCW2001
get bush out of the candy store...he's giving away the store...he's going to break the bank...he's killing the taxpayers...does bush think our pockets have no bottom...he keeps spending money...he's worst than the dems...he's all spending and no cutting...
40 posted on 11/28/2002 8:32:17 AM PST by Bill Davis FR
[ Post Reply | Private Reply | To 1 | View Replies]

To: RCW2001
http://www.whitehouse.gov/infocus/developingnations/

Here are several pages from the White House site that gives a lot of details.

Imagine how much better we would be if we had more of our own money for ourselves. We could really have secure borders and more.
41 posted on 11/28/2002 8:38:23 AM PST by snippy_about_it
[ Post Reply | Private Reply | To 1 | View Replies]

To: RCW2001
Meanwhile, millions of downsized Americans and tens of millions of underemployed Americans will be taxed more to pay for this.

DUMP BUSH 2004. Message to GOP: give us a real conservative - or we stay home from polls Election Day!

42 posted on 11/28/2002 8:44:18 AM PST by glc1173@aol.com
[ Post Reply | Private Reply | To 1 | View Replies]

To: RCW2001
Don't worry Retired Disabled Veterans are paying for this program with their pensions that are stolen by Bush, Rummy and Company.

I guess foreign aid and aid to illegal migrants in the US is a higher priority than paying disabled veterans the retirement pay they've earned by serving 20 or more years in the Armed Forces of the United States.

43 posted on 11/28/2002 8:52:37 AM PST by Militiaman7
[ Post Reply | Private Reply | To 1 | View Replies]

To: Militiaman7
Stolen by both aisles of our political party system for more years than I'd care to count.
44 posted on 11/28/2002 9:03:30 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 43 | View Replies]

To: snippy_about_it

"Today, I call for a new compact for global development, defined by new accountability for both rich and poor nations alike," states President George W. Bush in his address at the Inter-American Development Bank in Washington, D.C. March 14. Accompanying the President from left to right are: the lead singer of U2, Bono; Cardinal McCarrick and Worldbank President Jim Wolfensohn. "


45 posted on 11/28/2002 9:07:46 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 41 | View Replies]

To: snippy_about_it; 68-69TonkinGulfYatchClub; Mercuria; AnnaZ; agitator; amom; Alamo-Girl; madfly; ...
President's Remarks

1:21 P.M. EST

THE PRESIDENT: Thank you all. Asientese. Gracias, Enrique. It's about time you invited a President here. (Laughter.) It's about time one accepted. (Applause.)

Thank you for the energy and leadership you bring to the challenge of global development. I'm honored to be at the Inter-American Development Bank, which has done a lot of good in our hemisphere over the last 40 years. I appreciate your work and I'm proud of your accomplishments.

Along with many of you, I'll be in Monterrey, Mexico, next week as leaders from around the world focus on the important work of reducing global poverty.

I'm here today to announce a major new commitment by the United States to bring hope and opportunity to the world's poorest people. Along with significant new resources to fight world poverty, we will insist on the reforms necessary to make this a fight we can win. (Applause.)

As you can see, I'm traveling in some pretty good company today: Bono. (Laughter and applause.) We just had a great visit in the Oval Office. Here's what I know about him: first, he's a good musician; secondly, he is willing to use his position in a responsible way. He is willing to lead to achieve what his heart tells him, and that is nobody -- nobody -- should be living in poverty and hopelessness in the world.

Bono, I appreciate your heart and to tell you what an influence you've had, Dick Cheney walked in the Oval Office, he said, "Jesse Helms wants us to listen to Bono's ideas." (Laughter and applause.)

I appreciate Paul O'Neill, Secretary of Treasury. I appreciate his work, I appreciate his advice. He's a fine member of my Cabinet. Cardinal McCarrick, thank you for coming, sir; I'm honored to have you here. Jim Wolfensohn, thank you for your leadership of the World Bank. I appreciate Jose Fourquet. Thank you, Jose, for taking on the responsibility you've done. It's good to see Andrew Natsios here of AID. Thank you, Andrew, for coming. You've done a fine job, by the way, in helping prevent starvation in Afghanistan. I appreciate your work and I appreciate your focus.

I want to thank John Negroponte, Embajador, of the United Nations. I want to thank all the other ambassadors who are here. I look around, I can see many familiar faces. Thank you all for coming today.

I appreciate the members of the United States Congress who are here. I see Frist and DeWine from the United States Senate. I appreciate both senators for coming. I appreciate the Congressman from Puerto Rico; thank you for coming, se?or. I see the Congress lady from Miami, Florida. I see Spencer Bachus, from Alabama. I think that's it; I better -- well, anyway, if anybody else is here -- (laughter) -- Chris Cannon, I think, from Utah is here. Hey, Chris, thank you for coming. And thank you all for taking an interest in this subject; it's an important subject.

As you all know and we all know, America is engaged in a global struggle, a mighty struggle against the forces of terror. Yet, even as we fight to defeat terror, we must also fight for the values that make life worth living: for education, and health, and economic opportunity. This is both the history of our country and it is the calling of our times.

In World War II we fought to make the world safer, then worked to rebuild it. As we wage war today to keep the world safe from terror, we must also work to make the world a better place for all its citizens. (Applause.)

The advances of free markets and trade and democracy and rule of law have brought prosperity to an ever-widening circle of people in this world. During our lifetime, per capita income in the poorest countries has nearly doubled. Illiteracy has been cut by one-third, giving more children a chance to learn. Infant mortality has been almost halved, giving more children a chance to live. Nations from India to Chile have changed old ways and, therefore, found new wealth. Nations from Turkey to Mali have combined Islam with progress.

Yet in many nations, in many regions, poverty is broad and seemingly inescapable, leaving a dark shadow -- a dark shadow -- across a world that is increasingly illuminated by opportunity. Half the world's people still live on less than $2 a day. For billions, especially in Africa and the Islamic world, poverty is spreading, and per capita income is falling.

In Malawi, thousands of teachers die each year from AIDS, and life expectancy has fallen to only 38 years. In Sierra Leone, nearly one-third of all babies born today will not reach the age of five. And in Sudan, only half the children attend school.

This growing divide between wealth and poverty, between opportunity and misery, is both a challenge to our compassion and a source of instability. We must confront it. We must include every African, every Asian, every Latin American, every Muslim, in an expanding circle of development.

The advance of development is a central commitment of American foreign policy. As a nation founded on the dignity and value of every life, America's heart breaks because of the suffering and senseless death we see in our world. We work for prosperity and opportunity because they're right. It's the right thing to do. We also work for prosperity and opportunity because they help defeat terror.

Poverty doesn't cause terrorism. Being poor doesn't make you a murderer. Most of the plotters of September 11th were raised in comfort. Yet persistent poverty and oppression can lead to hopelessness and despair. And when governments fail to meet the most basic needs of their people, these failed states can become havens for terror.

In Afghanistan, persistent poverty and war and chaos created conditions that allowed a terrorist regime to seize power. And in many other states around the world, poverty prevents governments from controlling their borders, policing their territory, and enforcing their laws. Development provides the resources to build hope and prosperity, and security.

Development is not always easy, but the conditions required for sound development are clear. The foundation of development is security, because there can be no development in an atmosphere of chaos and violence. Today, the United States is leading a broad and vast coalition defending global security by defeating global terror. Meeting this commitment is expensive, but securing peace and freedom is never too expensive. (Applause.)

Development also depends upon financing. Contrary to the popular belief, most funds for development do not come from international aid -- they come from domestic capital, from foreign investment, and especially from trade. America buys and imports over $450 billion in products from the developing world every year -- $450 billion of purchases every single year. That is more than eight times the amount developing countries receive in aid from all sources. Trade is the engine of development. And by promoting it, we will help meet the needs of the world's poor.

Successful development also requires citizens who are literate, who are healthy, and prepared and able to work. Development assistance can help poor nations meet these education and health care needs. That's why the United States provides more than $10 billion a year for development assistance for food and for humanitarian aid. That is also why my administration has committed $500 million to the global fund to fight aids and other infectious diseases.

And we will work with Congress to increase this commitment, to show our love and compassion by increasing our commitment as the fund gets organized, develops a strategy, and shows success. We're spending billions more on AIDS research and other programs, to fight the disease around the world.

Yet many of the old models of economic development assistance are outdated. Money that is not accompanied by legal and economic reform are oftentimes wasted. In many poor nations, corruption runs deep. Private property is unprotected. Markets are closed. Monetary and fiscal policies are unsustainable. Private contracts are unenforceable.

When nations refuse to enact sound policies, progress against poverty is nearly impossible. In these situations, more aid money can actually be counterproductive, because it subsidizes bad policies, delays reform, and crowds out private investment.

The needs of the developing world demand a new approach. In Monterrey, we have a tremendous opportunity to begin acting on a new vision of development. This new vision unleashes the potential of those who are poor, instead of locking them into a cycle of dependence. This new vision looks beyond arbitrary inputs from the rich, and demands tangible outcomes for the poor.

America supports the international development goals in the U.N. Millennium Declaration, and believes that these goals are a shared responsibility of developed and developing countries. To make progress, we must encourage nations and leaders to walk the hard road of political, legal and economic reform, so all their people can benefit.

Today, I call for a new compact for global development, defined by new accountability for both rich and poor nations alike. Greater contributions from developed nations must be linked to greater responsibility from developing nations. The United States will lead by example. We will increase our development assistance by $5 billion over the three -- over the next three budget cycles. This new money above and beyond existing aid requests -- is above and beyond existing aid requests in the current budget I submitted to the Congress.

These funds will go into a new Millennium Challenge Account. Under this account, among other efforts, we will expand our fight against AIDS; we will bring computer instruction to young professionals in developing nations; we will assist African businesses and their people to sell goods abroad; we will provide textbooks and training to students in Islamic and African countries; we will apply the power of science and technology to increase harvests where hunger is greatest.

These are some of the examples of what we intend to do. The goal is to provide people in developing nations the tools they need to seize the opportunities of the global economy. In return -- in return for this additional commitment, we expect nations to adopt the reforms and policies that make development effective and lasting.

The world's help must encourage developing countries to make the right choices for their own people, and these choices are plain. Good government is an essential condition of development. So the Millennium Challenge Account will reward nations that root out corruption, respect human rights, and adhere to the rule of law. Healthy and educated citizens are the agents of development, so we will reward nations that invest in better health care, better schools and broader immunization.

Sound economic policies unleash the enterprise and creativity necessary for development. So we will reward nations that have more open markets and sustainable budget policies, nations where people can start and operate a small business without running the gauntlets of bureaucracy and bribery.

I've directed Secretary Powell and Secretary O'Neill to reach out to the world community, to develop a set of clear and concrete and objective criteria for measuring progress. And under the Millennium Challenge Account, we will apply these criteria rigorously and fairly.

Countries that live by these three broad standards -- ruling justly, investing in their people, and encouraging economic freedom -- will receive more aid from America. And, more importantly, over time, they will really no longer need it, because nations with sound laws and policies will attract more foreign investment. They will earn more trade revenues. And they will find that all these sources of capital will be invested more effectively and productively to create more jobs for their people.

The evidence shows that where nations adopt sound policies, a dollar of foreign aid attracts $2 of private investment. And when development aid rewards reform and responsibility, it lifts almost four times as many people out of poverty, compared to the old approach of writing checks without regard to results.

Marrying good policies to greater aid led Mozambique to a 10 percent growth rate in 2001. This approach help Uganda open its schools to more children, and increased teacher pay by 2,700 percent. Bangladesh, a nation that was once a symbol of famine, has transformed its agricultural economy; rice production is almost up by 70 percent since the mid-'70s.

The new compact I propose would multiply this progress. I challenge other nations, and the development banks, to adopt this approach as well. America's support for the World Bank will increase by almost 20 percent over the next three years. We expect the World Bank to insist on reform and results, measured in improvements in people's lives. All the development banks should adopt a growth agenda, increasing their support for private sector enterprises and focusing more on education, as the Inter-American Development Bank has done.

And I challenge the development banks to provide up to half of the funds devoted to poor nations in the form of grants, rather than loans. (Applause.) Grants instead of loans that may never be repaid. Many have rallied to the idea of dropping the debt. I say let's rally to the idea of stopping the debt.

This new compact for development can produce dramatic gains against poverty and suffering in the world. I have an ambitious goal for the developed world, that we ought to double the size of the world's poorest economies within a decade. (Applause.) I know some may say that's too high a hurdle to cross -- I don't believe so, not with the right reforms and the right policy. This will require tripling of current growth rates, but that's not unprecedented. After all, look at the dramatic growth that occurred in Asia in the 1990s.

With the world's help and the right policies, I know -- I know -- that the developing world can reform their own countries. I know it can happen. And, therefore, better their own lives. They can live in a world where their children's dreams are ignited by liberty and learning, not undermined by poverty and disease. (Applause.) They can live under governments that deliver basic service and protect basic rights. The demands of human dignity know no borders and know no boundaries. They are universal. And so are the gifts of creativity and enterprise that lead to prosperity.

When governments repress and punish those gifts, no amount -- no amount of aid is sufficient to lift people from poverty. When governments honor these gifts, every nation can know the blessings of prosperity.

People across the world are working to relieve poverty and suffering, and I'm proud of their efforts. I appreciate Bono. I appreciate groups like the Sisters of Charity. Some were motivated by simple decency, some serve a God who is impatient with injustice. And all have made this commitment. We cannot leave behind half of humanity as we seek a better future for ourselves. (Applause.) We cannot accept permanent poverty in a world of progress. There are no second-class citizens in the human race. (Applause.)

I carry this commitment in my soul. And I'll carry it with me to Monterrey next week. As the civilized world mobilizes against the forces of terror, we must also embrace the forces of good. By offering hope where there is none, by relieving suffering and hunger where there is too much, we will make the world not only safer, but better.

Thank you very much. (Applause.)

END 1:45 P.M. EST

SOURCE WhiteHouse.Gov/ Speech Releases


46 posted on 11/28/2002 9:25:47 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 41 | View Replies]

To: snippy_about_it; 68-69TonkinGulfYatchClub; agitator; amom; Alamo-Girl; madfly; backhoe; ...
America supports the international development goals in the U.N. Millennium Declaration, and believes that these goals are a shared responsibility of developed and developing countries. To make progress, we must encourage nations and leaders to walk the hard road of political, legal and economic reform, so all their people can benefit.

This part of the speech blatently has our President supporting the United Nations Declaration. This is contrary to any past remarks where the President seems to have told the United Nations goals i e.... the ICC Court/Children's Right's etc... to pound sand.

All of the above mentioned that the President has NOT committed the U.S. too ARE in the Millennium Declaration!

I am very concerned.

47 posted on 11/28/2002 9:33:27 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 46 | View Replies]

To: Militiaman7; snippy_about_it; All
If you have REAL PLAYER CLICK HERE to LISTEN to The President's Remarks.
48 posted on 11/28/2002 9:38:22 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 43 | View Replies]

To: TaRaRaBoomDeAyGoreLostToday!
I agree, Bush is listening to the wrong people at the Pentagon. The chief culprit is Dr. David Chu. GWB said he would keep promises given but he's yet to do it.
49 posted on 11/28/2002 9:50:15 AM PST by Militiaman7
[ Post Reply | Private Reply | To 44 | View Replies]

To: Militiaman7
So what President Bush said in post 47 is a political lie?
50 posted on 11/28/2002 9:53:10 AM PST by TaRaRaBoomDeAyGoreLostToday!
[ Post Reply | Private Reply | To 49 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-83 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson