Why oh why...
Does anybody trust ANY of these organizations???
The World Bank was created, in part, to help alleviate the extreme poverty in about 10% of the world's population. That's 700 million people living on less than $2 a day.
The bank gets its funding from contributions made by rich nations. However, a recent decision to divert 45% of its development funds from poverty programs to climate change programs is meant more to assuage the guilt of rich nations than to help the poor climb out of poverty.
About $40 billion a year from the World Bank is now earmarked to fund climate change mitigation efforts. Naturally, with that much loose cash floating around, sticky fingers are busy "misplacing" the money, and isn't that a darn shame?
An investigation by Oxfam of the World Bank's finances shows that anywhere between $24 and $41 billion of "misplaced funds" has gone missing due to "poor record-keeping practices, says Oxfam.
Full article, HERE.
If it's not the UN, it's the WHO, and now the World Bank.
How many billions of dollars have been scraped off that SHOULD be going to help the poor and disenfranchised, but ends up in the pockets of those who are supposed to 'administer' the money?
A nothing will be done yet again. Oh, there will be an 'investigation', probably scraping off another few million, it will then drop out of the media, and nothing will be done. Again...
Bueller, Bueller???
Sigh...
Whoever sends money to these organizations isn't doing it for the good of the people but for their own sense of feeling good. 🤷♂️
Any money sent to the Third World filters through the sticky fingers of the tyrants and sociopaths that gravitate to positions of authority in those countries. Come to think of it, the First World has more than its share of tyrants and sociopaths running things. 🤔
Anyway, moving on, the best thing that these money laundering organizations could do would be to use that money to build infrastructure that would enable poor people in those countries to reach markets more easily. Rather than focusing on developing in the capital cities.
There was a previous Thai Prime Minister that focused on infrastructure, building roads that allowed the rural poor to access markets that were denied them by the urban elite that had run things in Thailand before that Prime Minister. The urban elites never can brook competition as they are no more intelligent or motivated to work hard than the rural poor. Anyway, the rural poor were doing quite well until the urban elite staged a coup that kicked out the Prime Minister when he was out of the country.
And back to the "bad old days" in Thailand.
So, I never give to any of those "pretend" charities because I know how ineffective they are.
I only have 3 charities I donate to:
1. my church
2. Stronghold Relief - they give a newsletter to subscribers with updates on what they are doing.
3. a givesendgo or direct paypal to someone with an emergency that I feel I should help.
Anything else and they will hound you forever. worse than political calls.