-Caveat Lector-

"Clinton Forgives Debts" ... but he's BROKE.
Can't even get a conventional mortgage on a l'il ole New York $1 million
dwelling.
Who's he suggesting to shift this debt burden onto?
Or like... mebbe the bankers are supposedly going to all join hands and
dance around a circle singing "it's a small world after all?"
It's a clever political announcement.

Wonder what's behind it....


Dave Hartley
http://www.Asheville-Computer.com
http://www.ioa.com/~davehart


-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]
Sent: Thursday, September 30, 1999 7:09 AM
To: [EMAIL PROTECTED]; [EMAIL PROTECTED]
Subject: (fwd,newsclip) Clinton Forgives Debts


(from this morning's InfoBeat)

=======

*** Update: Clinton moves to help poor nations

WASHINGTON (AP) - President Clinton pledged Wednesday to forgive all the
debt owed the United States by 36 of the world's poorest countries,
lamenting that nearly 40 million people die of hunger each year and 1.3
billion people struggle on less than $1 a day. "Simply put, unsustainable
debt is helping to keep too many poor countries and poor people in
poverty," Clinton said. He said the U.S. could not in good conscience ask
impoverished nations to choose between making interest payments on their
debt or investing in their children's education. The president announced
his initiative in a speech to finance ministers and central bankers at the
annual meeting of the International Monetary Fund and World Bank. His
remarks were greeted by applause, and advocates for the poor said
Clinton's announcement would put pressure on other lenders to offer 100%
debt relief. See
http://www.infobeat.com/stories/cgi/story.cgi?id=2561395975-bea

=======

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