Racist Maxine Waters Amends Bill to Forgive $828 Million MORE of Haiti's Debt

[HOLLYWOOD]

So sick of this theft and growing abscess of Debt imposed upon 'We The People'

LIVE on the House of Representatives floor... Maxine Waters is at it again... adding amended bill from Chris Dodd to the original bill and passing it through, verbal significant majority has risen nonsense.

The New Amended 4573 Haiti Bill will now receive USAID in grants and low interest loans through 2015 which has changed the amended to include new money for Haiti and extend the original bill by 4 years. This is what usually happens that most people don't notice the bill gets mutated into additional amendments, such as . Guess what now turns into BILLIONS more in Loan forgiveness, New low interest loans, extension of AID and loans from 1 year to 5 years, and the US to strong arm the Global Debt Haiti now owes other; governments, international agencies, and US backed/financed organization.

She's also touting the Jubilee Act for Billions in the USAID to other nations in Africa. Forgiving Debt of Money owed to Foreign nations and US backed/financed organizations: the following will be forgived and assumed by the US taxpayers.

$424 Million IMF

$39 World Bank

$58 Million Blah Blah loans...

$200+ Million in other Haitian Debt... etc etc.

US Treasury to Immediate and Complete Cancellations of ALL Debt

Provision of Emergency and Reconstruction Funds for Haiti for the next 5 years

The Amended legislation slipped into the original: http://thomas.loc.gov/cgi-bin/query/.../~r111mVqYCm::

The amendment (No. 3718) was agreed to, as follows:

On page 3, line 4, insert ``, before February 1, 2015,'' after ``provision''.


On page 3, lines 18 and 19, strike ``relief'' and all that follows through ``Haiti.'' and insert ``relief and debt service relief for Haiti
[Page: S2166] GPO's PDFand, before February 1, 2015, to provide grants for Haiti.''.

On page 4, line 7, insert ``and future generations'' after ``Haiti's future''.



The amendment was ordered to be engrossed and the bill to be read a third time.

[Zippyjuan]

Do you honestly expect the poorest country in the western hemisphere which recently had its already feeble economy devastated to be able to repay the loans in the first place?

[Fox McCloud]

Do you honestly expect the poorest country in the western hemisphere which recently had its already feeble economy devastated to be able to repay the loans in the first place?

We shouldn't be loaning them a dime; let the private market help them out. It's foreign aid that is partly responsible for their present condition in the first place.

[HOLLYWOOD]

Do you honestly expect the poorest country in the western hemisphere which recently had its already feeble economy devastated to be able to repay the loans in the first place?

Haiti was just given Billions in AID and assistance and now the US Taxpayers have to indirectly assume Haiti's debt?

Maybe we should look at the cause in the first place... why lend to them in the first place... but this continued global orgs loaning money to countries, only for the US taxpayers to bailout and assume the liability and debt .

It's Haiti's problem... maybe the US government needs to stop the global conquest of real estate, Puppet dictators, and Oppressive fiscal policies in the first place.

Why is a irresponsible Haiti the American Taxpayer's responsibly?

Who's next for free FRNs, Aruba? Antigua? Dominican Republic? Jamaica, etc? Hey let's bailout the whole world then?

The point of the thread is... how many of the 535 Congressman know of the amended bill from the US Senate of additional taxpayer money spent on Haiti?

The house voted on the bill, the US Senate changed the bill's text to spend more money and bailout the World Bank, IMF, and a slew of other FOREIGN fiscal aid entities with American money and the bill was passed by a handful of CongressCritters.

The last time I looked... this country was Bankrupt and 17-18% unemployed and a lot of homeless people.

[Sarge]

Insane. It is not her money to forgive.

[Zippyjuan]

We shouldn't be loaning them a dime; let the private market help them out. It's foreign aid that is partly responsible for their present condition in the first place.

You are right. Some of the conditions of earlier loans included pressures to change for example their agriculture- these policies ended up destroying their largest source of income and even eleminated their self- suficiency in food production making them dependend more on others like the US to help them.

Hollywood- I think their unemployment is closer to 70%. More than half were making less than $1 a day- and that was before the quake.

I guess my point is that whether you officially forgive their debt or not, it is not likely that loans to Haiti will get repaid at any rate. Forgiving it just recognizes that fact.

[HOLLYWOOD]

Zippy I'm talking about unemployment in this country...

Maybe Haiti should look at why other Caribbean nations standard of living and economies, which are doing much better than their state and follow other models, it's obvious the Haitian model doesn't work.

If the UN wants to handle Haiti, fine... but for the US Taxpayers to Assume ALL Haitian Loans and Debt that were made completely from FOREIGN entities, should be absolutely forbidden.

Let the UN and Private Organizations handle Haiti... not the US taxpayers.

[krazy kaju]

Do you honestly expect the poorest country in the western hemisphere which recently had its already feeble economy devastated to be able to repay the loans in the first place?

Nope. The sooner their national government goes bankrupt, the better.

[UWDude]

You are right. Some of the conditions of earlier loans included pressures to change for example their agriculture- these policies ended up destroying their largest source of income and even eleminated their self- suficiency in food production making them dependend more on others like the US to help them.

Hollywood- I think their unemployment is closer to 70%. More than half were making less than $1 a day- and that was before the quake.

I guess my point is that whether you officially forgive their debt or not, it is not likely that loans to Haiti will get repaid at any rate. Forgiving it just recognizes that fact.

Don't forget that after they opened their markets to American rice (Haiti's biggest crop), that America then SUBSIDIZED it's own rice, (esp GA, SC and NC) undercutting Haitian rice, making the farmers go out of business and lose their farms, leaving it open to be bought by speculators from a certain wealthy country in the area.

Sound familiar?

1. Undercut small farmers with your monopoly
2. force small farmers to take more loans to compete
3. wait for natural disaster, watch farmaer default on loan
4. send small farmers to city to work as laborers, take farmer's land
5. Sell small farmers' land to big-Agro, which you own shares in
6. By cheap manufactured goods from wage depressed cities, hurt by influx of rural people.


BTW, all that "foreign aid", is actually taxpayer money buying American rice and goods, and then sending it to Haiti.

[The Patriot]

Haiti should be liquidated.

[Zippyjuan]

Haiti should be liquidated.

You mean like a yard sale?

[specsaregood]

Insane. It is not her money to forgive.

Ah hell, it ain't money anyways. Its just theoretical magical digital made up money.

[The Patriot]

It would be awesome to buy a part of Haiti.

[HOLLYWOOD]

Insane. It is not her money to forgive.

Guess what... the Emergency War Bill that CONgress passed, includes surprisingly another $2.8 Billion for Haiti. This is on top of the Billions already sent there and pays the UN bills and well as more focused on police and control funding, though there's other provisions.

http://www.opencongress.org/bill/111-h4899/blogs

Last night Congress voted to keep America’s commitment to Haiti by delivering promised funding that will assist with Haiti’s reconstruction and debt relief. The bill– which thousands of ONE members called on their elected officials to support– cleared when the House passed the measure on a 308 to 114 vote.


Here are some details about what’s included in this bill (HR 4899).
It includes $2.8 billion in funding to support critical relief and recovery efforts in Haiti. Specifically, the bill provides $913 million in international security funding and economic assistance for humanitarian relief, reconstruction, law enforcement and peacekeeping initiatives. The bill also includes $465 million for International Disaster Assistance to respond to humanitarian emergencies and funding to cancel existing debts owed by Haiti– which was the focus of ONE’s effort. The bill also supports U.S. Treasury Department programs to strengthen the country’s financial systems and $96.5 million for increased peacekeeping assessments for the U.N. mission in Haiti.

[BlackTerrel]

Why is she racist again?