Greg Palast Reports: BBC NewsNight- Vulture Funds

Investigative journalist Greg Palast reports on one company that has won the right to collect $20 million from the government of Zambia after buying its debt for $4 million. In his recent State of the Union address, President Bush declared the United States was taking on the challenges of global hunger, poverty and disease, and urged support for debt relief, which he called the best hope for eliminating poverty.

Category:

News & Politics

Tags:

• greg
• palast
• bbc
• newsnight
• vulture_funds
• bono
• poverty

[furrymustard69]

We've usually 'raped' these countries of their natural resources first. It's always the people who suffer. I say emigrate, even illegaly. Ever wonder why everyone is trying to get into Europe & America? It's not cause your kind, caring, loving sweethearts.

[kusotarre]

1) Dictator takes over nation, buys shitloads of stuff, in some cases, simply gives money away to influential corporations.

2) Democracy takes hold.

3) IMF/World Bank hold the people of said nation responsible for the spending of their unelected, deposed dictator.

If you think that is moral, you're seriously warped.

[todocero]

You are awesome Greg. Keep up the great work. We are ignoring the trolls.

[lulielawry]

@bekrul as if he cared...about anything but the MB!

[radonlads]

This guy is even worse than Madoff. He must go to prison as well

[jtack19791]

Hire out a hitman to pop a cap in Goldfingers ass. much cheaper. Oppression has consequences.

[MrWhite2277]

greedy scumbags like this should be tortured and killed. the world is fucked because of scumbags like this and the greedy evil banks/financiers/weak corporate controlled governments. people need to wake the fuck up to the reality thats now affecting them. palast long ago predicted whats happening in the world financially and now it means you'll work til youre 80 to get fuck all when you 'retire'. and that's if you're one of lucky ones living in rich country. watch reality, not reality tv. 

[Bo0ja]

genius!

[b85m88t08]

i can't wait for the world to completly destroy itself,it will happen.

[ThereIsCake]

Look you RETARD,

Not everything in this world is the responsibility of Obama.

You Republitards are so fucking stupid.