You Wanna know why BIG GOVERNMENT is BAD and why the screaming and hollering of liberal progressive democrats is BAD???

[PHILIP SCHNEIDER]

* * * * * BECAUSE it creates

* * * * * a governmental hallucinogen like this!

* * * * * This makes me go CRAZY !

 

4. U.S. Giving Foreign Aid to — China!

What does economic superpower China have in common with many poor nations in the developing Third World? They all receive American foreign aid.

That’s right, the United States is among several industrial nations that still subsidize the world’s No. 2 economy, according to the Organization for Economic Cooperation and Development. Japan is the biggest donor, followed by Germany, France, Britain, and the U.S. — countries that are all in debt to China and running massive deficits.

American aid totals the modest sum of $65 million a year, but “why are we sending China any succor at all?” Investor’s Business Daily asked in an editorial.

“It’s hard to justify giving foreign aid to a communist state whose state-run organ, ‘The People’s Daily,’ wrote on the eve of [Chinese President Hu Jintao’s] visit to Washington: ‘China’s emergence is increasingly shifting to debate over how the world will treat China, which is the world’s No. 1 and has overtaken the U.S.’”

IBD points out that China spends at least $100 billion a year on its military, holds some $2.5 trillion in foreign reserves, and boasts more billionaires than any nation except the United States.

Hu recently pledged to double aid to Africa to gain access to its oil, and human rights groups say China is using that aid to prop up brutal regimes.

“So here we are giving charity to China (financing it by taking loans from China, our debt holder), which China uses to finance its wicked projects in Africa under the guise of charity,” IBD observes.

“Are we really this foolish? Apparently so.”

The editorial calls on the House Oversight and Government Reform Committee to investigate why America is still funding China.

 

Why wasn't there a provision placed into the original (GIFT) to China to review the need for aid on an annual basis???

There is SO much wrong with the way we run our government and the BLAME lies in the lap of congress.

"TERM LIMITS", our beloved Constitution needs to be amended to limit the terms of members of BOTH houses of congress and NOW is the time!

[Gordon Ray Kissinger]

Commie "O"