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To: elmatador who wrote (25870)	11/30/2007 11:10:48 AM
From: carranza2	Respond to of 217580

It is a well known fact that direct aid is a waste of money and damaging to the recipient. All the idealistic fools do is increase the recipient's misery. I was once one of them, having spent a summer in my youth as a medical volunteer in deepest darkest Central America. Got to see the Soccer War firsthand, but that is not a story for this thread. But 'fearless' investing sounds too much like 'dumb' investing, with the investors getting fleeced because they do not recognize the culture that prevails in many parts of Africa. Investing for social reasons is absymally stupid. The first and foremost reason to invest is to make it pay. Only as a secondary reason should social goals be made part of the equation because, like direct aid, 'social' investing can be damaging if it fails.