Monday, January 28, 2013

THE EQUATOR PRINCIPLES AND SUSTAINABLE POVERTY

"The only hope for the world is to make sure there is not another United States. We can’t let other countries have the same number of cars, the amount of industrialization we have in the US. We have to stop these Third World countries right where they are.” Michael Oppenheimer (Environmental Defense Fund)

The reminders are put in front of us everyday. Poverty in the world. How horrible. Starving children. Unimaginable hardships. Hopelessness. SOMEONE MUST DO SOMETHING!

Of course, the answer for the world leadership is to throw money at the problem, either through volunteer charity programs or mandatory taxation. The problem is, after subjecting us all to this redistribution of wealth in order to sentence the poor to a lifetime of breadlines, the only thing that changes is that we have more and more poor.

Read more: http://www.libertynewsonline.com/article_301_32801.php

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