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June 16th, 2005

(no subject) @ 04:59 pm

I'm currently feelin: curious curious

Hi everyone,

This article appeared in The Australian newspaper on Tuesday this week (the 14th) about Bono and Bob Geldof and their campaign for debt cancellation. I was unimpressed by the reverting to pulling of the "popstar" drawcard for one, and the fact that neither the DATA, One or Make Poverty History campaigns were even named, let alone their opinions or goals made known. Suggesting that either were in support of the violent group of anarchistic protesters who appear at each G8 conference was even more offensive.

And although I'm willing to be further educated on the issue, so correct me if I'm mistaken - but considering that the WTO and the World Bank were in charge of distributing the money lent to African countries in the first place, how is it that they are the ones who are fixing it "silently"? However, there are some salient points about democracy and the fiscal dangers of debt forgiveness that I agree with, but they don't link with the opening gambit of Bono and co. apparently not understanding the consequences of debt relief, so figure that one out. :-?

Anyway, enough of my babbling. Here's the article scanned in full.

14/6/05 - The Australian - "BEATING WRONG DRUMS"

Discuss at will! I'd like to know what people think.

On a completely facetious note, however - the caricature that accompanied the article amused me because not only did they draw Bono slightly taller than Bob, but they made him quite svelte too. I suppose Bono can be pleased about one thing in that article, at least. :))
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Date:June 16th, 2005 07:17 am (UTC)
that's interesting, as i could swear that i read someplace that the US was asking a certain country or countries to forgive our debt to them. suddenly, it's a horrible to ask the same thing for another country?

how noble.

[i am very irritated; my connection sucks right now and the articles wont load. i suppose they'll have to wait until tomorrow.]
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Date:June 16th, 2005 02:07 pm (UTC)
Okay, so apparently debt costs are slowly being taken care of in Africa and have been slowly taken care of for the last 10 years. Our work here is done. No need for us to speed up the process because we want to help out our fellow human beings. Our money isn't necessary here.

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Date:June 16th, 2005 03:40 pm (UTC)
Anyone who thinks Bono doesn't understand the ramifications of what he's advocating clearly hasn't heard him speak on the subject. He's like a rabid poli-sci student in full swing. He knows his history and his economic theories.
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Date:June 16th, 2005 07:26 pm (UTC)
God forbid someone with a background with economics and policy disagree with two wealthy rockstars.
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Date:June 17th, 2005 11:33 am (UTC)
Daily Telegraph ran an article along those lines as well but had even less, one picture of bono and a quote.

I only skimmed it though because I was on the train and about to get off.

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