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How Government Spends Your Money. Philippines Get $434 Million to Fight Poverty

October 1, 2010

New York, NY, United States (AHN) – The U.S. government has granted $434 million to the Philippines for investments in roads, community development projects and improvements in the country’s tax collection efforts under a five-year economic compact that aims to fight poverty.

U.S. Secretary of State Hillary Rodham Clinton and Philippine President Benigno Aquino III presided at the grant signing held at the Waldorf Astoria Hotel in New York City.

“This compact we were signing was created by and for the people of Philippines. Reflecting the policies articulated by President Obama at Millennium Development Goals Summit, this is a results-focused program promoting sustainable economic growth. This example of country-designed solutions strives to move the poor from poverty to prosperity,” Yohannes said in a statement.

The U.S. Worker can’t pay their mortgage.  The U.S.  government is regulating and taxing the American worker out of sustainability.  The U.S. has become a poster child for bailouts, cronyism and corruption and we’re going to help fight poverty while Congress is putting the entire nation into poverty.  If the hypocracy wasn’t so tragic, it would be comical.

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