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Most all foreign aid and private charity work should be in the form of micro loans to individuals and small business in foreign countries. Much more bang for the buck. Most of the fence building to keep out illegals should go to Mexico micro loan programs instead of billions to build a fence or wall. The politicians are secretly very worried that Mexico will run out of oil in a few years time--which is very true. And Mexico's oil revenues are what keeps Mexico's massive social programs afloat now. When the oil runs out in the next few years there will be massive unrest and social breakdown in Mexico without a micro loan program for Mexico now. Fence building is misguided and a waste of taxpayers money. And fence building does not cure the heart of Mexico's dire economic problems.
<Peak Oil is here now and has already past. We will never again pump as much oil in the world as we did at its peak. Micro Loans to individuals Mexicans help people and small businesses to help themselves. And when the loans are repaid by the individuals (95% or more is most countries) then the money can be used again and again for more micoro-loans. This breaks the cycle of poverty in most poor countries where poverty keeps people poor and uneducated. And micro-loans that are paid back are far more productive for the local economy.
Large loans to countries by the World Bank are often used unwisely, take a long time to see results, and usually have political strings attached. And many of these large loans are really welfare for rich American companies who design and build the dams, bridges, roads, or whatever else a countries leaders need or want. Or the World Bank simply loans money to buy American grain, foods, weapons, and other products. It is true these multi-national companies mostly employ local labor because they have to but most of the expensive jobs and profits go to the American companies. So half of all foreign aid is really corporate welfare for big multi-national American companies. (And you thought all of your foreign-aid tax dollars were spent wisely.)
Mexican oil production is declining so much now that Mexico will soon no longer export any oil. All of its oil will have to be used for domestic use. Currently Mexico's oil ...
Note: Article too long for post. Full Article at --http://www.articlesbase.com/causes-and-organizations-articles/micro-loans-and-the-mexican-wall-1087085.html
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