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Thread: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

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    U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    Is this completely crazy and Obama's State Department did not respond to a request for comment.

    Another perfect example of Obama's now famous Openness and Transparency policy.

    We have got to end this nonsense.

    Why don't we call this money a payment on what we owe them?

    Sorry didn't mean to be logical and confuse Obama lovers.

    U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities - FoxNews.com
    The United States is providing hundreds of millions of dollars of foreign aid to countries that it borrows billions from, according to a report by Congress's research arm.

    The Congressional Research Services released a report last month, a copy of which Fox News exclusively obtained, showing that in fiscal year 2010, the latest year that data was available, the U.S. handed out a total of $1.4 billion to 16 foreign countries that held at least $10 billion in Treasury securities, including China ($27.2 million), Brazil ($25 million), Russia ($71.5 million), India ($126.6 million), Mexico ($316.7 million) and Egypt ($255.7 million).
    Last edited by Councilman; 06-02-11 at 11:16 PM.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    I am completely baffled by this, but I dont think it can be directed at Obama. Its probably been happening for years. This is just another example of our government spending money without thinking and without the majority knowing its happening.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    As my main man Jon Stewart once said - "Oh billions of dollars, what is it you can't do?"
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    I would be very cautious about drawing too many conclusions from this. To be sure, a cynical interpretation would assume that the U.S. is using foreign aid to enhance the abnormally low yields on Treasury securities so as to entice further lending. However, trying to link foreign aid to lending, is far too simplistic.

    The reality is that this is not a new practice. Moreover, U.S. foreign aid is intended to shape policies in a fashion more consistent with U.S. interests. For example, a stable and moderate Egypt remains in the U.S. interest. If the foreign aid has a reasonable chance to increase prospects of that outcome, then the U.S. aid to Egypt is not unreasonable.

    If the more cynical interpretation carried real weight, then foreign aid and lending amounts would be tightly correlated. In fact, the correlation is low. For example, even as China's holdings of U.S. debt rank #1 among foreign countries, the aid furnished to China is very small relative to the entire foreign aid portfolio. IMO, whenever the U.S. considers foreign aid, it should do so with an emphasis on the national interest and an assessment as to the prospects that such aid would advance/sustain the nation's interests. If the aid is in the national interest and offers reasonable prospects of advancing/sustaining some critical U.S. interest, then the aid should be provided whether or not that country is a creditor. My worry is that a national interest-based assessment is not performed as regularly or robustly as it should be.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    1.4 Billion is pennies to the Fed, heck its even pennies to our total revenue each year. I don't know the specifics of these policies, the report doesn't provide, so I'll withhold judgment. Everyone should also remember that buying debt is a form of investment, the same way an investor can buy a bond states can buy US treasury bonds. The US bonds are traditional very low to no risk investments and make a good foundation to a countries' "portfolio" you always want to have low risk stuff to fall back on after all.

    It may seem like a contradiction to be giving them aid, which again since this report isn't specific, when it could in more than the form of simply writing them a check. That X amount of dollars could be the cost of keeping and funding a team of specialists within that country for example.
    Last edited by Wiseone; 06-03-11 at 12:01 PM.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    I believe most of the aid to China is going through the National Endowment for Democracy, and used to promote civil soceity and the rule of law in China

    Something that is not exactly benificial to the Chinese government
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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    Quote Originally Posted by Lord Tammerlain View Post
    I believe most of the aid to China is going through the National Endowment for Democracy, and used to promote civil soceity and the rule of law in China

    Something that is not exactly benificial to the Chinese government
    IMO, Canada should be the first mother****ers we cut off. Then, start working on the rest of those ****ing deadbeats.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    Quote Originally Posted by apdst View Post
    IMO, Canada should be the first mother****ers we cut off. Then, start working on the rest of those ****ing deadbeats.
    Canada isn't even on the least, glad to see you couldn't read a 6 page report which is just a graphic before making an opinion.

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    Quote Originally Posted by Wiseone View Post
    Canada isn't even on the least, glad to see you couldn't read a 6 page report which is just a graphic before making an opinion.
    Are you saying that Canada doesn't receive economic aid from The United States?

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    Re: U.S. Offers Foreign Aid to Countries Holding Billions in Treasury Securities

    Quote Originally Posted by apdst View Post
    Are you saying that Canada doesn't receive economic aid from The United States?
    I'm sure you have something, please show it.

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