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George W Bush has offered $770m (£390m) in international food aid to help ease the effects of surging food prices that have sparked riots in some countries.
The US president said he was asking Congress to approve his request.
The White House has come under intense pressure to step in as high food and petrol prices have squeezed poor families both at home and abroad.
Originally posted by LostNemesis
$700m may not seem much in the scheme of things, but when you are struggling it sure is an impressive number. Surely they COULD have found some way to use it here? Maybe repair a bridge that's been neglected for long enough? Eh, I don't know. Too much money is leaving this country as it is.
On March 1, 2008, the Fund sent you a Notice that Sheet Metal Workers’ National Pension Fund (“NPF”) had been certified by its actuary to be in critical status for the 2008 Plan Year.
Originally posted by 4thefight
Something else just crossed my mind, They said on the news the other day that our dollar had reached an all time low, and like LostNemesis said if they are short on food what is money going to help them with, and how much could you actually buy with it?
Bush is damned if he does, and damned if he doesn't. You ppl are a tough crowd to please.
Originally posted by Rockpuck
Hmmm DG doesn't look like it.
It would appear we will feed the 3rd world from us, the citizen's pockets.