Lost Republic
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."
~ Ernest Hemingway

Grameen Bank Micro-lending in NYC

The Grameen bank is a private bank, pursuing their own interest as they should, but it’s telling that a bank which specializes in anti-poverty micro-lending has chosen to do business in NYC.

The irony is sickening. We’re using tax-payer money to build $200,000 schools, $10,000 retaining walls, multi-million dollar roads in Afghanistan and Iraq like it’s going out of style. We should open a Provincial Reconstruction Team in Queens, or better yet, let American workers keep their salaries and get government out of the business of redistributing wealth, let alone empire-building.

Read more from allheadlinenews.com

See also:
-Senate approves $165 billion to fund Bush’s wars for a few more months. THERE IS NO OPPOSITION PARTY IN WASHINGTON.
-Pentagon cannot account for $15 billion.
-22-Year-Old Miami Beach Resident gets $300 Million Pentagon Contract to Arm Afghan Forces, Provides Defective, Aging Ammunition.

“War is never economically beneficial except for those in position to profit from war expenditures.” – Ron Paul

One Response to “Grameen Bank Micro-lending in NYC”

  1. Lending News » Blog Archive » Grameen Bank Micro-lending in NYC

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