Foreign aid transfers money from poor people in rich countries to rich people in poor countries!
It goes without saying that most Americans do not trust the phrase “foreign aid” and would rather stop giving money away to “foreign countries” and give that same money to U. S. citizens who are in economic need. In 2016, Obama’s State Department and United States Agency for International Development (USAID) gave away over $50 billion dollars in “alleged” foreign aid. This does not take into account the tens of billions the U. S. federal government gives away yearly to the United Nations and its agencies that are supposed to be doing the same job that USAID claims it is doing.
These United Nations agencies, such as: the World Health Organization, UNESCO, UN Peacekeepers, the UN Refugee Agency, the World Trade Organization, the World Bank, the International Monetary Fund, and the many other U. N. agencies seem to be equally incapable of helping people in need as is the USAID. Lots of money gets spent, and the same problems continue unabated. It is disgraceful. When you look at Hillary Clinton’s State Department “pay-to-play” schemes with foreign governments, you can see an added layer of overt corruption and cronyism between the source of U. S. foreign aid (U. S. State Department) and the recipients of the money.
The American Intelligence Media demonstrates in the evidence presented below, that all U. S. aid is paid to U. S. corporations and individuals who act as a channel for the money to reach the “intended” recipients who are ostensibly in great need. In fact, $50 billion a year is parceled out to the same old corporate cronies that it is always given to — Wells Fargo, Citibank, hedge funds, off-shore shell companies, etc. Then, other organizations, like the pseudo-government agency called the Overseas Private Investment Corporation (OPIC), add to the flow of money with huge loans guaranteed by the United States government. Therefore, the U. S. tax payer pays three times for the same alleged assistance going to some foreign country where few Americas ever go or may even have heard of.
Only American corporations, banks, insurance companies, hedge funds, personal individuals and the like may receive U. S. foreign aid – not foreign governments or foreigners. Therefore, USAID is not foreign aid and it is not aid at all, it is venture capital and investments in U. S. corporations and their agents. It is also well-known that most of this “international development” money never reaches the intended goal. Often there is little or no compliance follow-through or reporting requirements. OPIC is the worst for this type of mismanagement.
Essentially, any “U. S. sponsor” can file for an OPIC loan and loan guarantee and if the U. S. bureaucracy – Senior Executive Service – says yes, then the applicant can basically count on OPIC funding the project for the entire length of the project, which is often ten years. This report provides many OPIC funding examples that show the transparent corruption and obvious theft of OPIC funding through corporate cronyism and bureaucratic obfuscation and deceit. The use of off-shore tax havens or Delaware incorporations for many of the recipient U. S. sponsor companies reads like a cheap criminal novel.
In one OPIC contract in 2016, Noble Energy was given a $4.5 billion dollar loan to drill for oil in Israel so that foreign companies could benefit from the proceeds. Power plants in Jordan, Israel, and Ukraine are funded by OPIC so that there will be power supplied for oil companies to exploit and fleece foreign nations, often surrounded by hostilities requiring U. S. military presence to “support” the U. S. corporation. OPIC also provides a huge amount of loans to banks to make smaller loans to other banks, themselves, or customers. OPIC simply gives money to banks and calls it foreign aid, or international development. These types of corrupt practices are only slightly hidden. The sleight of hand is passed off as a noble and humanitarian deed that should be unquestionable because it is based upon the theoretical premise of “helping” other nations.
It is also helpful to realize that U. S. State Department “aid” is usually in the form of weapon contracts with leading U. S. military contractors, the largest companies in the world, who also make weapons for our enemies.
his is considered U. S. “foreign aid”, even though private multi-national military contractors benefit from the “aid” more than anyone else. In fact, the U. S. money is simply given to the corporation along with the weapons order made by the country being “given” this “aid.” The big question then arises, “Who gets the $50 billion or so each year? Who determines who gets this money?” Of course, one might imagine that the U. S. Congress or the White House or the Secretary of State might carefully review the national security and economic considerations of throwing $50 billion around the world in foreign aid.