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This is a short summary of the paper
Foreign 'Aid'?

Start of Term Paper
By definition, according to Compton's Encyclopedia, foreign aid is when money, goods, and services are given by one nation to benefit another nation. While that definition is vague and open to interpretation, nowhere does aid mean to corrupt, h ....

Middle of Term Paper
... to almost half of all the foreign aid received by Zaire between 1970 and 1994. Amazingly, the IMF was well aware of the expropriation of its funds, yet continued to lend Zaire money. Why, we don't know. Mobutu used most of this money to buy lavish estates in France and to establish huge secret bank accounts in Switzerland, Luxembourg and elsewhere. He also kept himself in power through bribes and by buying military support. The US alone has spent over twenty billion dollars in the past twenty years. Between surplus tax dollars and the money we would save from not paying foreign aid, we could pay back the national debt in a very short time. ...

Number of Words: 1046 Approximate Pages: 4

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