The US is going to bring up the issue of cancelling billions of dollars in foreign debt to at least 27 of the poorest nations. I say money down a rathole. Why do we keep giving money to these countries whose leaders just keep it and don't move forward on developing their nations for economic growth?

Washington Post (bugmenot.com if you don't want to register)

Bush administration officials are advancing a plan to cancel billions of dollars in debt owed by some of the world's poorest countries, a move that could boost the United States' image abroad but which institutions like the World Bank fear could leave them strapped for cash.

Bullshit, they'll just find something else to hate us for or blame on us.

The initiative, which would require broad support from the 184 member nations of the IMF and World Bank to be implemented, is getting a frosty reception from the governments of other rich countries and from the staffs of the lending institutions. Some critics oppose such drastic debt relief for certain countries as unwise and unfair to other indebted nations that don't qualify. Other opponents contend that the administration is trying to accomplish debt relief on the cheap, without imposing any direct cost on U.S. taxpayers, by fobbing off the cost on institutions like the World Bank, whose aid-giving ability may as a result be curtailed.

Sure it's unfair, but it was unfair to their people to give them money they wouldn't be able to pay back and to support their tyranical leaders in the first place.

Might as well just give some more money to Osama Bin Laden while we're at it, because no matter what we do the money we do give just goes to those who oppose us in the end.