Should the U.S. seek to cancel Haiti's debt?

Question

The U.S. Senate approved legislation to encourage canceling Haiti’s $1 billion debt to international organizations and creating a trust fund to reduce poverty in the earthquake-devastated nation.

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Answer 1

Only after China cancels the US debt.

Answer 2

particular it could be cancelled, you cant lend funds in all hazard with interest to somebody who has no way of paying it returned. what did have haiti to grant in return? no longer something! it has no infrastructure so all those vacationer funds could be sucked returned up by potential of the corrupt officals they'll possibly under no circumstances go returned into their treasury. an island acceptable on a fault line without provisions for earthquake, no emergency dry runs no contingency plans. did actual actual everyone think of to ask them interior the placement of a organic disatser what provisions did they have? if the respond became into none then that is an indicator to no longer very own loan them the money interior the 1st place. the two supply them it or dont. we throw funds at africa and pray for bloody coups so we are able to recoup what they cant pay returned by potential of taking all their organic components as fee. eithiopia and liberia owe billions yet they have mig fighters and nonetheless each and every twelve months theres a clean guy made disaster to hit eithiopia or sudan and prefer clockwork oxfam and and all the different charities are out with the begging bowls. how plenty funds does it take to throw away earlier we reliese have been throwing it away. haiti they'd placed it down as a loss, however the banks that bankrolled the governments to finance the loans ought to learn its their loss no longer the peoples.

Answer 3

We cant even take care of our own debts let alone anyone elses. We need help here and have for years. We need to help ourselves. We have more people out of work and loosing thier homes because of whats going on here. Dont get me wrong but I think we do more for others than we do for us.

Answer 4

NO Why should we? Did they come running to our aid when 911 took place? It's too bloody bad we all have miss fortunes and have to deal with it.

Answer 5

I am for it but can we cancel our debt.