Dear Concerned American:
Congress is planning to use your tax dollars
to pay the debts of corrupt African dictators?
You read that right.
Next week the U.S. House of Representatives will vote on HR 2634 -- the
Jubilee Act for Responsible Lending and Expanded Debt Cancellation --
which
will unconditionally erase billions in debt run up by African dictators.
Despite existing foreign aid programs, like the Highly Indebted Poor
Countries (HIPC) initiative, which establish strict eligibility conditions
for American aid and debt relief, the Jubilee Act eliminates
accountability
standards and does nothing to prevent the rulers of corrupt developing
nations from continuing to line their own pockets.
The Jubilee Act is designed to alleviate poverty and stimulate growth in
numerous developing nations. While the Act may have honorable intentions,
without strict requirements such as the establishment of property rights,
commitment to rule of law, elimination of corruption and adoption of free
and open markets, our government will be forced to continually use
American
dollars to repay the debts of corrupt governments abroad.
Simply put, without such accountability requirements, the Jubilee Act will
only make it even easier for corrupt dictators to seize aid dollars
supposedly reserved for their impoverished citizens.
Take Action now! Use this link to send a free e-mail to your
Representatives
in Congress, House Leader****p and Members of the House Financial Services
Committee. Urge them to OPPOSE the Jubilee Act.
Rather than adopt economic and political reforms that could end the
accumulation of billions of dollars in debt, leaders of corrupt foreign
governments are relying on America to bail them out. Unfortunately, some
in
the U.S. Congress seem all too willing to grant their wishes.
If the Jubilee Act passes, it will signal to corrupt leaders in developing
nations that they can continue to rely on American tax dollars to build
their mansions and spend hundreds of thousands of dollars on their own
lavish lifestyles while their people suffer.
Take a look at how one of these corrupt leaders is living as he demands
debt
relief for his impoverished people:
"Despite widespread poverty in the Republic of Congo, President Denis
Sassou-Nguesso in 2005 racked up more than $300,000 in hotel bills,
including $20,000 in room service charges alone at New Yorks Waldorf
Astoria
for such luxuries that included bottles of Cristal champagne.
According to news re****ts, the Republic of Congo ex****ts at least 200,000
million barrels of oil per day. And in 2006 the country received $3
billion
in debt relief. Yet, as President Sassou-Nguesso lives his posh lifestyle,
the people of his nation continue to live a life of poverty.
What is his reward for such irresponsible behavior? Millions of dollars in
debt relief if the Jubilee Act is passed by the U.S. Congress.
Take Action now! Urge Congress to OPPOSE the Jubilee Act!
The U.S. government must demand that leaders in developing nations pay
their
debts rather than reward them for their corruption.
Passage of the Jubilee Act is unacceptable. Unconditional debt relief puts
American taxpayers on the hook for billions in future aid without holding
the recipients accountable for the actions that lead to their debts in the
first place.
The US Government must send a message to corrupt rulers. American tax
dollars must not be used to pay the bills of corrupt rulers. HR 2634, the
Jubilee Act would enable dictators to continue to seize aid dollars meant
for their impoverished citizens.
Take Action now! Urge Congress to OPPOSE the Jubilee Act!
Sincerely,
Center for Individual Freedom
www.cfif.org
P.S. Please help us reach as many concerned Americans as possible by
forwarding this e-mail to your friends and family members.
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