Friday, June 03, 2005

The Third World

Bob Geldof is back in the news again. He wants to have a sequel to Live Aid called Live 8. I've got bad news for you Bob, you're first show did nothing but prove how self-righteous you are. If you want a really solution to third world poverty I suggest you start here. Calling for more foreign aid, might be well-intentioned, but I think it's sort of a mistake in this case. Third World countries often have very poor application of rule-of-law, so giving hand outs to corrupt governments can be either ineffective or can possibly exacerbate the situation.