Greg Palast Reports- Part 2 of BBC NewsNight Vulture Bond

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

[JFWilliam]

Read John Perkins's Confession of an Economic Hitman for a complete run down of the kind of procedure executed on third world country under the guise of globalization. A crime against humanity by any other name indeed ! Shame on all of us for letting this happen over & over & over again & still going on at this very moment... shame on us all !

[alicia1996]

Just to update you: Zambia lost the case against the vulture companies.

[UnknownOconnor]

Bond Sharks are dangerous speculators who should be forced to take losses when they bet on a country. Iceland did the right thing by telling them to get stuffed!

[dave777blaster]

Americans the laughing stock of the world !

[politicaloutsider]

Siriusluv are you nuts?

[Siriusluv]

As if the loss of habeus corpus, and all those 'evil excecutive orders' where not enough reason to hate dubya. Rot in you know where!

[cherrielane]

This is a great video!

Thank you.

[sugarpuddin88]

So what is Nancy Pelosi going to do about it?

What are the American people going to do about it?

NOTHING -- So they get what they deserve

[ewjomega]

Bush is full of shit, everybody knows that. The man can't be trusted