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Originally posted by Krypton I don't want money to be wasted by curruption. Are you really that trusting of a country which asks for such funds in the first place? If you are the bank, then as a lender, you must either ask for a high interest return (to justify the risk), OR, you must have some sort of accountibility oversight. UN humanitarian programs are not exempt from curruption, as the Iraq Oil for Food Program should show you. Even the best of intentions can be currupted. I am amazed you have such trust for international third world debtor nations... We can't just throw money at them and expect they are going to spend the money as chartered.

Who's talking about throwing money at them? And how familiar are you with the actual World Bank that already exists?

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Originally posted by Lebezniatnikov Who's talking about throwing money at them? And how familiar are you with the actual World Bank that already exists?

I'm assuming they will be giving loans to these governments which are earmarked for education. I don't know the inner-workings of the World Bank in detail, so I'm assuming they give development loans third world countries. Am I wrong?

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Originally posted by Lebezniatnikov Who's talking about throwing money at them? And how familiar are you with the actual World Bank that already exists?

It's not a bank in terms of money, it would be a store of knowledge freely available to all. Like a massive history of things that are proven beyond doubt, you know, like evolution

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Originally posted by atbell It's not a bank in terms of money, it would be a store of knowledge freely available to all. Like a massive history of things that are proven beyond doubt, you know, like evolution

Yeah, that's more or less what I gathered from the article. I didn't understand how all the charges of corruption were relevant.

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Originally posted by Lebezniatnikov Yeah, that's more or less what I gathered from the article. I didn't understand how all the charges of corruption were relevant.

All I'm saying is I hope there are safegaurds against it. We aren't dealing with AAA credit ratings man!