U.S. Puts G7 Deal for Africa in Jeopardy

[russian33]

LONDON (Reuters) - The United States crushed hopes of a deal this weekend to pull Africa out of poverty, even before the Group of Seven economic powers started a meeting in London Friday to discuss debt and the global economy.

British finance minister Gordon Brown, the meeting's host, has made a string of proposals to reduce Third World debt and has already secured the support of his European G7 partners.

But John Taylor, U.S. Treasury Under Secretary, rejected a plan to create an International Finance Facility (IFF) to raise $100 billion a year for the world's poorest countries.



http://story.news.yahoo.com/news?tmpl=story&cid=586&ncid=586&e=2&u=/nm/20050204/wl_nm/group_dc

[LynnTheDem]

1. Some day the majority of Americans will realize the FACTS of 2 things;

1. America does NOT want democracy in other nations, and

2. America does NOT want wealthy nations.

Keep them POOR and keep them under US-allied DICTATORSHIPS.

That has been the #1 Foreign Policy of the USA for decades and it ain't gonna change any time soon.

bushCabal just helped overthrow another democratically elected government; Haiti.

That's what America does.

[housewolf]

2. Did you catch this line:

"Not only does the IFF not work for the United States, we don't need the IFF," Taylor said, arriving in London to stand in for his boss Treasury Secretary John Snow who had a cold.


More American bullying the rest of the world.

Great. Just what we need. We'll get a lot of problems solved with this attitude. (/sarcasm)