Post by: The Rabbi on December 17, 2007, 04:23:35 AM
Quote
PARIS - Donors began committing funds from around the world Monday for the moribund Palestinian economy amid a renewed international push for a Palestinian state, with the European Union promising $650 million in 2008.
Palestinian Prime Minister Salam Fayyad is asking for $5.6 billion over three years. U.N. Secretary General Ban Ki-moon urged the international community to fulfill the Palestinian needs and more.
See full story here:Palestinian Prime Minister Salam Fayyad is asking for $5.6 billion over three years. U.N. Secretary General Ban Ki-moon urged the international community to fulfill the Palestinian needs and more.
http://news.yahoo.com/s/ap/20071217/ap_on_re_mi_ea/mideast_donors;_ylt=Aj4lt3.Xa.XcfSO7qBzV6PWs0NUE
This is probably the most corrupt regime outside of Africa. Maybe including them too. The rule of law is a stranger gazing from across the border. Vladimir Putin goes there to take lessons on crony capitalism. They have received billions of dollars over the years from Arab, European, and the United states. And the average dweller there is far worse off today than he was 25 years ago.
What is pumping more money into that cesspool going to accomplish? And why isn't anyone asking this question?
Post by: Manedwolf on December 17, 2007, 04:35:59 AM
Post by: HankB on December 17, 2007, 07:51:32 AM
The title means "thrown out money", i.e. wasted money. Can there be a bigger waste than this article suggests:
Lyndon Johnson's "Great Society" and his "War On Poverty" . . . the numbers are a bit fuzzy, but from what I've seen, the total cumulative spending on this is remarkably close to the USA's national debt . . .
Post by: The Rabbi on December 17, 2007, 07:53:46 AM