Foreign Aid and Salvadoran Corruption, The World Bank should audit former President Tony Saca

[AlphaCentauri]

In the midst of the financial turmoil that rocked the international capital markets last year, the World Bank proudly announced a new $250 million "assistance package" for this country. A few months later a scandal erupted over why a similar amount of money was never accounted for on the government's books.

In case you missed the connection, let me put it another way: While developed countries have been giving aid to El Salvador to try to make the nation better off, Salvadoran politicians are suspected of dipping into the national till to make themselves better off.

What's wrong with this picture? That question could be asked about foreign aid more broadly. But it is especially relevant for this country, which has been progressing through enlightened economic liberalization for 20 years but is now at risk of being derailed by corruption.
http://online.wsj.com/article/SB10001424052748703915204575103823901466194.html

[Judi Lynn]

1. If the WSJ expects the sins of Tony Saca to be charged to Colom, they're even crazier

than people thought long ago. WSJ is guilty of assuming no one here knows anything about Latin America and they can get by saying anything that wanders through their big old empty skulls.

Tony Saca was _{George W. Bush's} ONLY other Latin American buddy.

http://2.bp.blogspot.com.nyud.net:8090/_vzvoEZVBzBc/R2rItC0NEzI/AAAAAAAAAT8/ZSKJzZWPJMA/s320/1%2Btony%2Bsaca.jpg http://www.borev.net.nyud.net:8090/Baby.Saca.Bush.jpg

[rabs]

2. It's our old friend Mary Anastasia O'Grady slamming the Salvadoran left again

\
Saca, left, and Funes


by trying to link and project the corruption of the former ARENAista Saca to Maurico Funes.

Typical O'Gradyyyyyyy swill.

(Oh, it's Funes, not Colom) :hi:

[EFerrari]

3. This must be why my uncle call my mom and said "the guerillas are in the goverenment

stealing us blind" yesterday!

LOL