Saturday Book Review: Ron Paul Liberty Defined: Foreign Aid

by wisdomhunt

If I can stomach it, I intend to review Liberty Defined chapter-by-chapter so that you never have to read it.

…foreign aid never works to achieve the stated goal of helping the poor of other nations. The decisions as to who will receive the money are political at both ends. Our politicians make decisions on where the money is to go and the politicians in the other countries are in charge of how it will be spent.

So let me get this straight – the leaders that we elected to make decisions and spend our money for us get to decide which countries get our tax dollars as foreign aid. Then the leaders of those other countries (perhaps elected, perhaps not, but nevertheless in power) get to decide how that money is spent.

And the problem is what exactly?

These are the types of decisions that are supposed to be made by politicians. They are suppose to tax Americans, draw an administrative fee (salary and the hiring of some grant administrators) then shuffle that money off to somewhere overseas. This is why they are elected.

This is precisely why I feel that the hubub over the secret money the CIA has been giving to Karzai in Afghanistan is way overblown. Of course the CIA has been giving him secret money! It keeps us safe.

Of course, that secret money is in addition to the roughly $13 billion per year we are already giving to Afghanistan (this is not military spending by the US – just free money for the Afghanis). Look at all that we have to show for it! What do you think we could use $13 billion for here in the United States? Not much I’m sure.

That is just Afghanistan of course. In total, we giving away about $50 billion a year in foreign aid. But without our $3 billion a year in foreign aid (and over $100 billion in total), what would a poor country like Israel (ranked 25th in median household income) do? I can’t even imagine, nor do I want to.

Previous chapters reviewed:
The Introduction
Austrian Economics

Business Cycle
Campaign Finance Reform
Capital Punishment
Central Intelligence Agency
Civil Disobedience

Evolution Versus Creation

Executive Power