January 15, 2010

How Bush-Cheney Policy Screwed Haiti | Mother Jones

The Times

It is hard to imagine what a magnitude 7 earthquake might do to a city that on any ordinary day already resembles a disaster area.  Today, compassionate Americans will wince at the photos, then pick their way among the foundations which offer alms to the Haitian poor. Here is one unlikely proposal to help Haiti, taken from Juan Cole's email listserv this morning:

Memo to Obama on Haiti: "It's reported that Goldman Sachs, Morgan Stanley and JPMorgan Chase combined have set aside $47 billion for bonuses," says an NPR account, according to Cole. "Haiti's annual gross domestic product in nominal terms is about $7 bn. a year. Seize the bonuses. Send them to Haiti."

It'll never happen, of course. But if there were any justice in the world, it would.

I know little about Haiti, but I am unsurprised by the general tenet of the article

Posted via web from franksting's posterous

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