Developing world needs $700 Billion. Gee, I wonder where the money will come from
Folks, get ready to send even more of your money overseas. I think most people would be shocked to learn just how much taxpayer money is sent overseas, but it is a drop in the bucket compared to what is coming. Obama is going to make darn sure that wealthy Americans are “held accountable” for all of the needs of the entire world. He is going to take money from wealthy Americans to not only line the pockets of lazy Americans, but also send money to Africa, East Asian, and Muslim nations.
Here is what the World Bank (which is the most misleading name ever. It is a bank funded by America that sends money to the world).
DAR ES SALAAM, March 8 (Reuters) - Developing countries could face a financing gap of $270 billion to $700 billion this year as trade income dwindles and rich nations vie for capital to deal with a global slump, the World Bank said on Sunday.
The World Bank said even at the lower end of that estimate, resources of international institutions would not be sufficient to meet the financing needs as more and more emerging and developing countries are hit.
“There is a therefore a strong need to expand assistance to (lower income countries) to protect critical expenditures and prevent an erosion of progress in reducing poverty,” the World Bank said.
In other words, get out your checkbooks. If Obama thinks that wealthy Americans need to “do their part” to line the pockets of the “poor” in this country, you can bet he will force us to pay for developing nations. After all, the “poor” people in the US would live like kings in these countries. Just more class warfare and hatred of the “wealthy”.