Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Considering the history of aid being provided to Africa, any aid Obama sends will only support muslim terrorist, warlords, and brutal dictators while the people continue to suffer.
Quote:
Originally Posted by KUchief25
Meanwhile he is following through on his promise to make our bills skyrocket in the old USofA. What a leader.
(CNN) -- U.S. President Barack Obama pledged $7 billion Sunday to help combat frequent power blackouts in sub-Saharan Africa.
Funds from the initiative, dubbed Power Africa, will be distributed over the next five years. Obama made the announcement during his trip to South Africa, the continent's biggest economy.
"Access to electricity is fundamental to opportunity in this age. It's the light that children study by, the energy that allows an idea to be transformed into a real business. It's the lifeline for families to meet their most basic needs, and it's the connection that's needed to plug Africa into the grid of the global economy," he said.
You can thank Clinton and Carter for the disinvestment from Africa by US companies. When we lived in Zambia, then Northern Rhodesia, my dad only bought American cars as did his father and father in law, my grandfathers. Well it was Brit or American. Then came sanctions and the Germans took up the space after the British motor industry failed followed by the Japanese.
...
The United Nations Security Council passed a resolution (S/RES/216) in 1974. That was before Clinton or Carter.
Considering the history of aid being provided to Africa, any aid Obama sends will only support muslim terrorist, warlords, and brutal dictators while the people continue to suffer.
I agree. The majority of the money will disappear into dictator bank accounts.
We're coming to the Africa party a little late so we have to spend more to buy our friends.
Maybe Obama is going to buy up all the coal that can't be used in the USA because he pretends he cares about global warming and give it to the African nations.
Warren Buffet will then have to dismantle his power plants buy a fleet of coal colliers and ship it all to Africa....sad to say its becoming the American Way exporting our jobs and wealth.
"Printing money" is done by the Federal Reserve and the Fed is an independent organization not reporting to the President. It is important to understand to accuse the President of printing money, which is a good policy in weak economies, can't be factual as it isn't part of his powers.
Besides, increasing the money supply has kept interest rates down and made it easy for businesses ad consumers to borrow, helping the economy. Why wouldn't one want this policy in a weak economy?
The Fed is buying treasuries with printed money to fund the trillion dollar plus Obama deficits. Without printing,O would have to sell the treasuries on the open market like all other Presidents. Instead, he pretends to be competent while destroying the currency. Now he wants to burn money on Africa.
Get an education and stop spreading propaganda.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
