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Millennium Challenge Act Reject the Millennium Challenge Act May 19, 2004 2004 Ron Paul 35:1 Mr. Chairman, though the ill-conceived Millennium Challenge Act has already become law and therefore we are only talking about its implementation today, it is nevertheless important to again address some very fundamental problems with this new foreign aid program. Millennium Challenge Act The Great Foreign Aid Swindle 24 May 2004 Texas Straight Talk 24 May 2004 verse 2 ... Cached Yet another ill-conceived foreign aid swindle has become law in the form of the “Millennium Challenge Act,” a disgraceful bill that sends billions of American tax dollars overseas even as our national debt explodes. The Act combines the worst aspects of bad domestic policy and bad foreign policy, by wasting $2.5 billion taxpayer dollars in 2005 alone while meddling in the affairs of foreign nations. Arrogant is the only word to describe a Congress that cares so little about its own taxpaying citizens while pretending to know what is best for the world. Millennium Challenge Act The Great Foreign Aid Swindle 24 May 2004 Texas Straight Talk 24 May 2004 verse 3 ... Cached The very name- Millennium Challenge Act- is highly insulting. It sounds like a PBS fundraising slogan or car company sales pitch. It’s like calling an old used car a classic or an antique. Foreign aid welfare is still foreign aid welfare, no matter what jingoistic name is applied. There is nothing new or noble about it. The Millennium Challenge Act is just another shabby federal program that takes your money and gives it to somebody else. Millennium Challenge Act Saving the World with Your Money 19 July 2004 Texas Straight Talk 19 July 2004 verse 2 ... Cached The Millennium Challenge Act, a new foreign aid scheme I wrote about back in May, received its hoped-for $2.5 billion from Congress last week. Only 41 members of Congress supported an effort to strip the funding, demonstrating once again that the two parties are not serious about reducing federal spending. Considering all the rhetoric in Washington about runaway spending, one would think a new foreign welfare program would be among the easiest things to cut politically. Millennium Challenge Act Saving the World with Your Money 19 July 2004 Texas Straight Talk 19 July 2004 verse 5 ... Cached The Millennium Challenge Act is designed to appease fiscal conservatives and defense hawks by appearing to single out friendly, well-behaved nations for aid payments, ostensibly creating a carrot-and-stick approach. But the Act merely puts a shiny new label on the same old failed policy of trying to remake the world using welfare. Welfare has never worked at home and it’s never worked abroad, no matter what “incentives” Congress tries to attach. Millennium Challenge Act Saving the World with Your Money 19 July 2004 Texas Straight Talk 19 July 2004 verse 6 ... Cached The proponents of the Millennium Challenge Act tell us this time it will be different. If only we condition foreign aid money on the adoption of certain policies, the recipient nations will clean up their acts. Market economies and democratic political reforms surely will follow, if only American taxpayers provide a little seed money. Millennium Challenge Act Saving the World with Your Money 19 July 2004 Texas Straight Talk 19 July 2004 verse 7 ... Cached Does anyone actually believe this? It is beyond presumptuous to think Congress can change the politics, economies, and cultures of foreign nations. It is simply preposterous to imagine that foreign aid will be cut off once given, no matter what a nation does or fails to do. After all, we’ve been giving billions to some of our worst enemies for decades. Once a federal program begins, it becomes permanent. Mark my words, the Millennium Challenge Act budget will grow in future years. Millennium Challenge Act Saving the World with Your Money 19 July 2004 Texas Straight Talk 19 July 2004 verse 10 ... Cached My very modest proposal is this: eliminate the Millennium Challenge Act, apply half the money to the national debt, and spend the rest domestically if Congress simply can’t bear to give it back to taxpayers. Even the worst domestic program is better than useless and meddlesome foreign aid. Texas Straight Talk from 20 December 1996 to 23 June 2008 (573 editions) are included in this Concordance. Texas Straight Talk after 23 June 2008 is in blog form on Rep. Pauls Congressional website and is not included in this Concordance. Remember, not everything in the concordance is Ron Pauls words. Some things he quoted, and he added some newspaper and magazine articles to the Congressional Record. Check the original speech to see. |