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Bush opposes UK Africa debt plan
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CJ Cregg
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PostFri Jun 03, 2005 6:41 am    Bush opposes UK Africa debt plan

Quote:
Bush opposes UK Africa debt plan

The UK's plan to write off debts owed by African nations is facing opposition in the US - and particularly from President George W Bush.

Mr Bush said a key part of the plan did not fit with the US budget process.

Mr Bush's stance sets up a possible clash with UK Prime Minister Tony Blair, due in Washington next week.

The UK is pushing hard for major debt relief and a doubling of aid to Africa, and Chancellor Gordon Brown laid out a set of ambitious plans on Thursday.

This was a time for 100% debt relief not "timidity", Mr Brown said.

The UK has said that 2005 is a vital year for Africa, and argues that without significantly more money the United Nations' Millennium Goal of halving world poverty by 2015 will be impossible to meet.

'Agreement possible'

Speaking in Edinburgh, Mr Brown said he would present the proposals to the leaders of the G8 industrialised nations at a summit next month.

As well as 100% debt relief, Mr Brown wants to set up an International Finance Facility (IFF) to help pay for immunisation programmes in Africa

Quote:
BROWN'S FOUR-POINT PLAN FOR AFRICA
100% debt relief to pay for education and health
Launch International Finance Facility for Immunisation
Large increase in direct development aid, doubling of aid from European countries
Removal of export subsidies and all trade-distorting support to agriculture, which work against producers in the developing world
Source: Chancellor Gordon Brown, 3 June speech


He also said that aid should be doubled to $80bn a year by 2010.

But the US remains concerned that the UK is proposing that the debt plans should be financed in part by selling gold reserves held by the International Monetary Fund (IMF).

A surge in the price of gold has boosted the value of the reserve, and the UK wants to use that extra cash.

The US - along with some other countries including Japan, Germany and Italy - has never been keen on the idea of selling IMF gold.

Washington DC has also raised questions over the IFF, which would allow developing countries to borrow against future aid pledges.

Mr Bush said on Wednesday that the IFF for Africa "doesn't fit our budgetary process".

Getting closer

According to Reuters, UK government sources have been talking about pressing ahead even without US involvement.

Quote:
"This is not a time for timidity nor a time to fear reaching too high" - UK Chancellor Gordon Brown


Mr Brown played down reports of a rift or stand-off between the UK and the US.

"In my talks over the last few months, but particularly over the last day or two, with the US Treasury Secretary, we believe that there is common ground on securing that debt relief," he explained.

"We believe it is going to be possible to reach an agreement on debt relief."

"This is not a time for timidity nor a time to fear reaching too high."

BBC News


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madlilnerd
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PostFri Jun 03, 2005 8:06 am    

Why do people only seem to care about poverty in Africa? Most of it is caused by corrupt dictatorships. No one seems to care about the mass poverty in places such as Thailand and South America: (www.toyboxcharity.org.uk)

It's great that we are finally getting round to breaking the chains of international debt, but I don't think that we should send more aid. If we get rid of the debt and make trade fairer then there is no need to send more aid. The people don't need charity, they need a way to get their lives working properly (give a man a fish and he eats for a day, teach a man to fish and he eats forever).


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Jeremy
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PostFri Jun 03, 2005 8:40 am    

...Unless there is a disease or something, but I know what you mean.

A lot of the problems in Africa resulted in the colonial powers leaving but not teaching anyone anything about government. So a number of inexperienced people took power and messed it up. Then the people were desperate so turned to extremest parties and the dictorships grew up. A number of the countries have proper governments now but can't do anything as they are limited by the debts they inherited.


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Captain.Dan V2
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PostFri Jun 03, 2005 9:02 am    

I agree that poverty is very bad and we need to do something about it.
But
(This is going to sound really heartless)
If they borrowed the money it is their job to pay it back, you wouldn't take a loan from the bank and then say oh sorry I can't pay your money back and expect the bank to say well thats fine infact forget the debt we'll let you off with the repayments.
Life doesn't work like this in the future maybe it will , but in the present dream on.
I know that what I've just said sounded very cruel and heartless but no matter how much help we give the Africans as long as they continue to have children its going to get worse. I understand alot of them are christain and the pope won't allow contraseption etc but they have to forget the rules. If they stop having kids they solve the problem.

I know how bad the above statement sounds and I apologise if it offends or angers anyone but these are my opinions (please don't hold them against me)


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Jeremy
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PostFri Jun 03, 2005 9:19 am    

The reason they have lots of kids is so they can be supported when they're old. Most of them don't survive anyway. So it's not the solution. They have paid back the debt, many times but the interest keeps on piling on. Also they get forced to do certain things with any money they are given. Often other countries have to do the same. So you get lots of countries growing coffee beans. Then because of the large amount of countries doing the same the cost of coffee beans drops and they make a lose. So they can't win either way.

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Captain.Dan V2
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PostFri Jun 03, 2005 9:28 am    

I know that and I agree the interest should be reduced.
I also know why they have the children but I would say there being selfish bringing a child into a world when they know they'll have a poor quality of life stop having kids don't do deals with multi-national countries and then their on the right tracks but they don't they allow themselves to be conned and cheated.
As the saying goes "Its a dog eat dog world" and "Survival of the fittest"
its the way life works.
No matter how much we dislike it.


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Jeremy
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PostFri Jun 03, 2005 9:32 am    

So how do they get the money they need to be able to rebuild when it's all going into debt repayment? In many countries the debt repayment is higher than that of health and education together.

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Captain.Dan V2
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PostFri Jun 03, 2005 9:39 am    

You don't.
The Interest should be stopped a perminant amount set and they pay it off I do disagree with the amount of interest adds on.
But
They borrowed the money and knew it the risks and they accepted so they should accept the consiquences of their actions.


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LightningBoy
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PostFri Jun 03, 2005 12:19 pm    

As a debt collector, I say this; If you agree to borrow it, you're also agreeing to pay it back.

If anyone wants progress in Africa, it will take regime changes. How much money did the international community throw at Iraq before the war? All that did was buy them French and Russian weaponry, the people didn't benefit at all. The only way we made a difference there was with the overthrowing of Hussein.


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Republican_Man
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PostFri Jun 03, 2005 3:29 pm    

LightningBoy wrote:
As a debt collector, I say this; If you agree to borrow it, you're also agreeing to pay it back.

If anyone wants progress in Africa, it will take regime changes. How much money did the international community throw at Iraq before the war? All that did was buy them French and Russian weaponry, the people didn't benefit at all. The only way we made a difference there was with the overthrowing of Hussein.


Exactly. Right on. Giving debt relief and all that would only WORSEN the situation. Excellent points.



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webtaz99
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PostFri Jun 03, 2005 7:05 pm    

Most African nations could probably clear 80% of their debt by selling their weapons on the open market. Buying guns is where most of their debt came from.


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Captain.Dan V2
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PostSat Jun 04, 2005 5:32 am    

hm maybe we'll next see a war against African dictators ????
ok no but it would help the Africans


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Seven of Nine
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PostSat Jun 04, 2005 8:42 am    

Many of these debts were aquired by dictators. Now some of the countries have half decent governments, but have to pay off the debt of their predecessors. They'll never get out of poverty with these debts on their backs. I agree with wiping the slate clean, so long as the money they then have goes into improving the country.

I don't see why George Bush is so against this. There's a awful lot of people who believe that African Debt should be wiped. Tony Blair and Gordon Brown are actually listening for once. I've emailed both of them about this, and if the plans go through then it's a step towards improving the world.

http://www.makepovertyhistory.org


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madlilnerd
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PostSat Jun 04, 2005 4:41 pm    

/\ right on, Danni

I was actually in a march for breaking the chains of debt... I think it was called Jubilee 2000... years back. I've still got my t-shirt somewhere, but it doesn't fit me any more.

These countries have paid back the debt. All their money goes to paying off debt, so they don't have healthcare. They don't have healthcare, so they get ill and have less workers to work to pay off the debt. So they have to work harder to pay off the debt and this goes on and on and on until they are working to pay off interest on a loan they took out 30, 40 years ago. Is that fair?


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LightningBoy
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PostSun Jun 05, 2005 12:59 am    

madlilnerd wrote:
Is that fair?


Is it fair to the countries that gave out the loans, if they don't get their end of the deal? BOTH partied signed the contract.


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Captain.Dan V2
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PostSun Jun 05, 2005 4:32 am    

Excellent point LightningBoy

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madlilnerd
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PostSun Jun 05, 2005 6:19 am    

LightningBoy wrote:
madlilnerd wrote:
Is that fair?


Is it fair to the countries that gave out the loans, if they don't get their end of the deal? BOTH partied signed the contract.


The people didn't agree to it, their corrupt governments did. They've paid back that debt tenfold, so I think it's time to bury it. I don't really care what the US does, they can have suffering on their concience, but I'm going to route for Britian burying the debt. Britain doesn't need the blood money it gets from other people's suffering.

No extra aid though. Once they don't have debt to pay back they'll be able to rebuild their lives and won't need extra aid and then we can wean them off aid altogether.


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Captain.Dan V2
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PostSun Jun 05, 2005 7:15 am    

Its not a case of if we need it but a case of its ours ,
We could use the repayments and put them towards the NHS (god knows it needs more money), or towards homeless shelters . education , Benifets , soup kitchens, increasing wages for Firemen there is alot of things that need improving in Britain so why should Tony Blair cancel the debt ????
Tony Blair doesn't live in the real world,
He doesn't live with Gang voilnce , homeless people and all the rest he lives with constant police protection, more money than he has brains (Thats not hard to believe though).
I want Tony Blair to stay because of some of his actions not all of them, This reduction of African Debt is a way to buy Britain good puplicity !.
He doesn't give a damm about the way the Africans are suffering and if truth be told most of the Goverment doesn't all that they care about is their public image well erm Hello most of the people I've spoken to about the African debt issue totally disagree with him.
We let enough different people from different Ethnic backgrounds into the country so they can lead a better life is that not enough good for the time being ? especially since alot of ethnic backgrounds cause trouble anyway (my opinion but so do The English as well) -
Source :

Quote:
Teenager stabbed in attack

A 16-year-old boy from Leicester is recovering after he was stabbed in an unprovoked attack.
Police say the teenager was attacked by a group of black men in the early hours of the morning.

The victim and another teenager were returning from a night out in the city between 0245 BST and 0315 BST on Saturday.

They were walking along wasteland known locally as The Rally on Dunton Street, near Tudor Road when they were approached by a group of black men.

Money demanded

One of the youths managed to run off, but the other received serious stab wounds.

He was taken to the Leicester Royal Infirmary, and is now recovering at home.

Officers investigating the attack say it was unprovoked, and may be linked to a second incident.

This happened shortly after when a man walking along Tudor Road was approached by a number of black men who threatened him and demanded money.


http://news.bbc.co.uk/1/hi/england/leicestershire/3145007.stm

I'm sorry if my opinions sound racist because I really am not racist but when all you here at night gangs of Ethnics shouting and partying and when you call the police about the disturbance all you get it :
"Sorry sir theres nothing we can do about it"

And when people are threatend, get verbal abuse and assualted by Ethnics who speak perfect english until the police come and then its :
"Me no speak English"
"I don't understand English"

Around my area a lad of 13 went out for his dinner with his school friends and was grabbed around the throat by an Ethnic (Age 26) and threatened his mother called the police. The police went around to the Ethnic person and spoke to him, when the police came back all they would say is :
"He claims he was provoked by racist comments"

Alot of the time Ethnics throw down the 'racist card' when the police are involved and the white person gets no where.

Getting back on Topic though when we help Ethnics (in this case by allowing them in our country) we don't get alot of thanks.

So why should we help Africa ????
They wouldn't help us.
Maybe my views and the message above shouldn't be in this topic but its stuff I thought were in a way relivant


I am not a racists although my views may seem it.
I know alot of Ethnic people some are good most are not so good.
Please don't take offence to any of the above comments some are just my opinion most are facts.


Last edited by Captain.Dan V2 on Sun Jun 05, 2005 7:22 am; edited 1 time in total


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madlilnerd
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PostSun Jun 05, 2005 7:21 am    

Are you a BNP supporter? You must learn to be tolerant of other cultures in your area. My area has lots of Indians in it which means lots of fireworks for divali and ede but I don't complain. I learn to live with it. A whole lot of white youths beat up people and stab them and have ASBOs. I was bullied by Indian boys in my second year of secondary school. I learnt to live with it. You should too.

If we cancel the debts of countries they will be more open to trade with us and may consider us allies which is very useful.

I will not deny that Britain still has problems. My solution? Lower benifits.


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Captain.Dan V2
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PostSun Jun 05, 2005 7:30 am    

Am I a BNP supporter ? no way what they want is to kick out every foriegn person which will not only cost a load but its would be way to hard to draw the line (eg would ethnic children who were born in England stay if so could their families stay ???? Its just an excuse like Hitler blaming the Jews for his own misfortune)
Do I agree with them ? no
I accept different cultures and their traditions ? yes
I know alot of white people have ASBOS and all the rest of it but I hate how racist the police and Goverment are in general, So I apologise for my last post,
I do like indians my grandmothers boss is an indian and I've know him most if not all of my life , I know his two children his wife all of them and their really nice.
Maybe I don't know what I mean maybe I do and I just can't explain it, but either way I am opposed to the African Debt relief.


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Jeremy
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PostSun Jun 05, 2005 6:07 pm    

So it's not the ethnic people you disagree with, but rather the law system in place that gives them more rights.

LightningBoy wrote:
madlilnerd wrote:
Is that fair?


Is it fair to the countries that gave out the loans, if they don't get their end of the deal? BOTH partied signed the contract.


But only the rich countries do the tariffs that stop fair trade. So if we clear ALL trariffs on foreign goods then I say it would be ok for them to pay back the debts. But then that would never happen, we'd lose so much jobs as companies couldn't compete with goods from Africa and Asia etc and so the unemployment rates would explode, as we as our economies probably collapsing.


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Captain.Dan V2
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PostSun Jun 05, 2005 6:29 pm    

A bit of both Jeremy.

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Jeremy
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PostSun Jun 05, 2005 6:34 pm    

Our country (and most other rich EMDC's) would have their economies severly damaged though unless the tariffs removed were only from one or two goods though.

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