Old Pat must really miss those good old days of the cold war.
-Andy English
-----Original Message-----
From: Tom Lehman <uswa12 at Lorainccc.edu>
To: lbo-talk at lists.panix.com <lbo-talk at lists.panix.com>
Date: Tuesday, April 11, 2000 3:00 PM
Subject: Speaking of no weak s...
Speaking of no weak s...
Today, Pat Buchanan released the following statement:
"Demonstrators and globalists agree that highly indebted poor nations
should be using their scarce tax revenues for sanitation, health, and
education, not to pay back
old loans to rich nations or international banks.
"But it is a time for truth. 'Debt forgiveness' is a fancy phrase for
shifting the total burden of defaulted debts off Third World regimes and
onto the backs of American
taxpayers. These loans are not being wiped off the books; they are being
added to the U.S. national debt.
"Before one dime in 'loan forgiveness' is granted to any Third World
government, the American people have a right to know who lost, who looted,
and who stole the
billions of dollars we are being asked to forgive.
"We need responsibility; we need a full accounting of how the generosity
of the American people was criminally abused -- by incompetent or corrupt
lending officers
at the IMF and World Bank, and by the assorted dictators and thieves who
stole or squandered the billions in aid intended for the peoples they
misruled. We have a
right to know the names of those who lost or stole the money, and to an
accounting of any and all efforts to recover the looted billions.
"If anyone should be forced to 'eat' these incredible losses of foreign
aid loans, it is not U.S. taxpayers who bear no fault, but international
bankers at the IMF, World
Bank, and other globalist institutions who deceived us when they said the
loans were good.
"If heads roll at the IMF and World Bank, and both institutions are docked
for the losses for which they are responsible, this would be simple
justice; and there will
be a far greater likelihood that future lending will be more responsible."
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