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Started By
Message
re: Bill and Melinda Gates Are Paying Off Nigeria’s $76 Million Debt to Japan
Posted on 1/16/18 at 8:40 pm to tiggerthetooth
Posted on 1/16/18 at 8:40 pm to tiggerthetooth
quote:
How could it have gone down?
You think they were swindled? Their primary focus is the eradication of Polio. Nigeria was responsible for half the new cases of polio in the not so distant past. They've only had like 6 cases since 2014, so the foundation is paying for loan now that Nigeria has shown a commitment to following through.
If you're going to donate, this seems like a pretty efficient way to do it TBH.
0
Posted on 1/16/18 at 8:44 pm to tiggerthetooth
Japanese and Nigerians are laughing their asses off
Posted on 1/16/18 at 8:46 pm to VinegarStrokes
quote:
This is the kind of shite that deserves Nobel Peace Prizes, not whatever the frick it was that Barry won it for.
For not being George Bush.
I'm not George Bush. Where's my peace prize?
Posted on 1/16/18 at 8:46 pm to 14&Counting
Assuming the Japanese get their money.
Posted on 1/16/18 at 8:47 pm to redstick13
I'm guessing Bill is smart enough to give them the check directly on behalf of the Nigerians. 
Posted on 1/16/18 at 8:48 pm to 14&Counting
quote:
Japanese and Nigerians are laughing their asses off
I'm genuinely surprised by these responses. Their foundation wants to eradicate Polio. Instead of just giving Nigeria $76MM, they essentially had them do it all themselves with repayment a possibility if they stuck with the program. They did, and now the foundation is paying off the debt. What's the problem here?
Posted on 1/16/18 at 8:48 pm to Cosmo
Oh darn, the richest man in the world should have consulted from some dipshits who spend all day posting on tigerdroppings before paying off his this debt.
This post was edited on 1/16/18 at 8:51 pm
Posted on 1/16/18 at 8:50 pm to Strannix
Nigeria gonna be able to borrow like kings now with a high credit rating. Bill can bail em out again in 10 years, I am sure.
Posted on 1/16/18 at 8:53 pm to slackster
The problem is Nigeria is extremely corrupt and it's very unlikely the money went to what it was intended for. I knew about a doctor who had immigrated to Europe. He wanted to donate medical supplies to Nigeria and they wouldn't accept it. They wanted him to donate money. They don't give a shite about their people because the rich and politicians all go to Europe for medical treatment.
Posted on 1/16/18 at 8:53 pm to Tiger in NY
quote:
Nigeria gonna be able to borrow like kings now with a high credit rating. Bill can bail em out again in 10 years, I am sure.
This is one tenth of one percent of Nigeria's national debt.
Posted on 1/16/18 at 8:54 pm to starsandstripes
quote:
$76 million could get every homeless Veteran in the US off the streets, for about 60 days, and provide food, clean clothes, haircut etc for them all, so they can go job hunting.
And this is the responsibility of a private citizen or the government?
Eradicating polio is one the top priorities for Gates' foundation.
quote:
Nigeria’s debt to Japan is the result of Overseas Development Assistance (ODA) provided by the Japanese government in 2014 for increased polio eradication efforts.
The country has made great strides in its efforts to eliminate the disease thanks to this funding.
Nigeria did not record a wild case of polio from July 2014 to August 2016, when two cases were reported.
quote:
All of this means that Nigeria is very close to eradicating polio, which would leave just two countries in the world where the disease is still endemic, Pakistan and Afghanistan.
They clearly used the loan to eradicate polio within their borders so Gates is settling the debt.
Posted on 1/16/18 at 8:55 pm to starsandstripes
quote:
$76 million could get every homeless Veteran in the US off the streets, for about 60 days, and provide food, clean clothes, haircut etc for them all, so they can go job hunting.
99% of the time when someone is homeless it's not just a matter of being down on their luck. To get to that point you've gotta have some pretty serious mental issues going on. Just throwing a little money at them isn't going to magically get them on track. Sad but true
Posted on 1/16/18 at 8:55 pm to redstick13
quote:
The problem is Nigeria is extremely corrupt and it's very unlikely the money went to what it was intended for
Then how did cases of polio within Nigeria drop down dramatically after the loan?
Loan was given in 2014
quote:
Nigeria did not record a wild case of polio from July 2014 to August 2016, when two cases were reported.
Posted on 1/16/18 at 8:57 pm to TH03
Yeah, I think a lot of people are not getting that the Nigerians held up their end first.
Posted on 1/16/18 at 8:58 pm to stout
Why not spend the money in America which provided him his opportunity and the vast majority of his wealth. Why pay for a corrupt regime
ETA.
Glad they eradicated it either way and let the Japs forgive the debt
ETA.
Glad they eradicated it either way and let the Japs forgive the debt
This post was edited on 1/16/18 at 8:59 pm
Posted on 1/16/18 at 8:59 pm to Grim
quote:
99% of the time when someone is homeless it's not just a matter of being down on their luck. To get to that point you've gotta have some pretty serious mental issues going on. Just throwing a little money at them isn't going to magically get them on track. Sad but true
You don’t think 76 mil could make a dent in those statistics?
Posted on 1/16/18 at 9:01 pm to fr33manator
How in the world is that his responsibility though? You can't just criticize someone for humanitarian efforts just because it wasn't a cause you personally care about.
It's his money and what's important to him is eradicating polio among other things.
It's his money and what's important to him is eradicating polio among other things.
This post was edited on 1/16/18 at 9:02 pm
Posted on 1/16/18 at 9:01 pm to stout
What a waste of money
Posted on 1/16/18 at 9:02 pm to ellishughtiger
quote:
Oh darn, the richest man in the world should have consulted from some dipshits who spend all day posting on tigerdroppings before paying off his this debt.
I bet these dipshits could reinvest it better and give him a hefty profit, which he could then use to fund more warlords
Posted on 1/16/18 at 9:03 pm to fr33manator
Wait now you're saying posters here could make money better than one of the richest people on the planet?
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