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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (213838)	12/23/2004 8:26:35 AM
From: Alighieri	Read Replies (1) \| Respond to of 1572531

At the Monterey summit meeting on poverty in 2002, President Bush announced the Millennium Challenge Account, which was supposed to increase the United States' assistance to poor countries that are committed to policies promoting development. Mr. Bush said his government would donate $1.7 billion the first year, $3.3 billion the second and $5 billion the third. That $5 billion amount would have been just 0.04 percent of America's national income, but the administration still failed to match its promise with action. Back in Washington and away from the spotlight of the summit meeting, the administration didn't even ask Congress for the full $1.7 billion the first year; it asked for $1.3 billion, which Congress cut to $1 billion. The next year, the administration asked for $2.5 billion and got $1.5 billion. Worst of all, the account has yet to disperse a single dollar, while every year in Africa, one in 16 pregnant women still die in childbirth, 2.2 million die of AIDS, and 2 million children die from malaria. Jeffrey Sachs, the economist appointed by Kofi Annan to direct the Millennium Project, puts the gap between what America is capable of doing and what it actually does into stark relief. The government spends $450 billion annually on the military, and $15 billion on development help for poor countries, a 30-to-1 ratio that, as Mr. Sachs puts it, shows how the nation has become "all war and no peace in our foreign policy." Next month, he will present his report on how America and the world can actually cut global poverty in half by 2015. He says that if the Millennium Project has any chance of success, America must lead the donors. Conservative values at work... Al