The Business of Poverty: Obscene Salaries Dominate at Int’l Development Banks
It is estimated that, in the last half century, some 90% of the money taken from the US taxpayer and given to various African needs, was diverted to wealthy people’s bank accounts. We know, in the last few years, that the primary result of spending our grand childrens’ life time earnings, has been to make wealthy bankers whole. Without that money, they would be paupers.
All of this is known, in detail, in the closed rooms of Congress, where money decisions are made. It is not just condoned; it is purposeful. Retirees get golden parachutes, after golden handshakes, after enjoying young women’s bodies, just little people.
One of the few concepts of my President that I fully endorse was his statement to key bankers, at the White House, prior to giving them oceans of money, “I am the only thing between you and the pitch forks.”
He may not be enough. I pray that America’s economic problems are solved peacefully.
