Thursday, January 30, 2014

Random Thoughts

Strongest words spoken by any PM at the UN General Assembly
“Pak is a terror state Pak should shut down terrorist camps if the talks have to be fructified. Pak has to shun the path of terrorism”.
What is BJP machine advocating stop talking. Recommending Manmohan should go to UN and start thrashing SHARIF with a hockey stick. (Bhartiya Jhagraloo Party)
What happened in Kargil and thereafter is forgotten.                 

For Gates, corruption isn’t A BIG BILL TO PAY

Gates made news this week with his statement that there would be no poor countries by 2035 (he also made a viral video promoting his website), but what went mostly unremarked was a series of statements about aid and corruption. Gates issued a two-part response to critics of foreign aid provided by governments. “Many people think that development aid is a large part of rich countries ‘budgets, which would mean a lot can be saved by cutting back. When pollsters ask Americans what share of the budget goes to aid, the average response is 25 percent. When asked how much the government should spend, people tend to say ’10 percent.’ I suspect you would get similar result in the United Kingdom, Germany, and elsewhere. Here are the actual numbers. For Norway, the most generous nation in the world, it’s less than 3 percent. For the United States it’s less than 1 percent, “he wrote.

As for corruption, Gates begins at home. “There is a double standard at work here. I’ve heard people calling on the government to shut down some aid program if one dollar of corruption is found, On the other hand, four of the past seven governors of Illinois have gone to prison for corruption, and to my knowledge no one has demanded that Illinois schools be shutdown or its highways closed,” he writes.


Current number of foundation employees               1,194
Asset Trust Endowment                                           $40.2b
Total grant payments since inception                    $28.3b

Total 2011 & 2012 grant payments                       $  3.4b                        

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