"Trade" and foreign aid.The U.S. Trade and Development Agency (USTDA USTDA United States Trade and Development Agency ) describes its mission as "advanc[ing] economic development and U.S. commercial interests in developing and middle-income countries" through the "strategic use of foreign assistance funds"--that is, foreign aid. The agency issues grants for the supposed purpose of encouraging "sound investment policy and decision-making in host countries ... [to create] an enabling environment for trade, investment and sustainable economic development." Paring away the stilted stilt·ed adj. 1. Stiffly or artificially formal; stiff. 2. Architecture Having some vertical length between the impost and the beginning of the curve. Used of an arch. bureaucratese bu·reau·crat·ese n. A style of language characterized by jargon and euphemism that is used especially by bureaucrats: reveals that the agency is devoted to using U.S. taxpayer dollars to build the economies and manufacturing infrastructure of our economic competitors--particularly Mexico and China. Mexico was the recipient of the agency's 2004 "Country of the Year" award, in recognition of "promising partnerships ... during the past year in advancing the goals of the Partnership for Prosperity" (PfP). Through the PfP, established by President Bush and Mexican President Vicente Fox in 2001, USTDA and other U.S. foreign aid agencies are pouring millions of dollars into Mexico for "housing, infrastructure, transportation, environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a , development financing and information technologies." The program's announced purpose is "facilitat[ing] Mexico's development by enhancing its competitiveness." "During 2004," the agency proudly reports, "Mexico was the leading USTDA grant recipient for Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the Caribbean region," claiming 15 percent of USTDA's regional budget. USTDA has also lavished huge sums on China to build power plants, modernize healthcare programs, and develop its infrastructure. The agency's recent initiatives include a small grant issued in March to Turkey for the purpose of "increasing home ownership"; a modest "technical assistance grant" to Kenya's equivalent of the Internal Revenue Service; and a grant to El Salvador's Ministry of Economy that was issued during last November's CAFTA cafta see catha edulis. signing ceremony A signing ceremony is a ceremony in which a bill passed by a legislature is signed (approved) by an executive, thus becoming a law. Modern-day signing ceremonies are derived from ceremonies that occurred when the British monarch gave Royal Assent to acts of Parliament. . Most of USTDA's grants are minuscule--hundreds of thousands of dollars, rather than millions or billions. But even nickels add up, and none of these appropriations, however tiny, are authorized by the Constitution--particularly when they are used to undermine our economy and national independence. |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion