Sunday, January 6, 2013

‘Team Soros’ gains a big wedge in America’s foreign aid program

This is why George Washington warned of entangling foreign alliances. In a quiet, barely noticed session wedged between fiscal fiascos on Capitol Hill, House members on Jan. 1 confirmed the nomination of Morton H. Halperin to the board of directors of the Millennium Challenge Corporation.


Well, before answering that, it’s important to understand the basic gist of the Millennium Challenge Corporation. According to its website, MCC was established in 2004 as “an innovative and independent U.S. foreign aid agency that is helping lead the fight against global poverty.” MCC generally takes a carrot-stick approach to funding other nations’ poverty eradication programs. In return for its reported $8.4 million in global investments, for instance, recipient nations must show “good governance, economic freedom and investment in their citizens.”

Sounds a common sense means of providing foreign aid. After all, why should Americans pay into nations with anti-American beliefs?

The problem, however, is that MCC has become basically a cash-cow for politicians to push their political agendas and foster their own business dealings. In 2010, Secretary of State Hillary Clinton – who serves as the chair of the MCC – signed a $600 million MCC compact with Indonesia to support a “green prosperity program to improve sustainable management of Indonesia’s natural resources and support clean energy investments,” according to a statement from Climate Advisers.

How exactly does that contribution play into the poverty eradication mission of MCC? Good question.

“In addition to the benefits for Indonesia, the focus on Green Prosperity and reducing deforestation is in the United States’ national interest,” Climate Advisers’ statement continues. “Primarily because of carbon emissions from deforestation and peatland degradation, Indonesia is the world’s third largest emitter of greenhouse gases, behind China and the United States.”

Talk about spin. But at least you get the idea. MCC money isn’t exactly spent on pure poverty eradication – at least, in the classic sense most people would see it, as food aid, or agricultural assistance.

Enter Morton H. Halperin.

“Morton H. Halperin is a senior advisor to the Open Society Foundations,” according to his posted biography for the Open Society Foundations. “Halperin has been associated with a number of universities and think tanks including … the Council on Foreign Relations and the Center for American Progress.”

The Open Society Foundation, of course, was founded by none other than George Soros, billionaire investor of all things antithetical to America, capitalism and free market principles.

And now, due to his Jan. 1 board appointment to MCC, Halperin’s potential to influence America’s foreign aid investments will prove substantial. Halperin’s fellow board members, aside from Clinton, include Treasury Secretary Timothy Geithner, as vice chair; Ambassador Ron Kirk, as U.S. trade representative; and USAID administrator Rajiv Shah.

Look for more tax dollars appropriated for poverty eradication through MCC to flow from this nation for more social justice, environmental and other progressive causes. What a win – and barely noticed – for Team Soros.

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