DAILYKENN.com --We lack the funds to build a wall but have billions to dole out to Central America and Mexico. In 2017 President Donald Trump projected the cost of the wall would be $10-billion or less. The hand-out to three corrupt governments is pegged at $10.6-billion.
The U.S. State Dept. says the funds will come from public (taxpayers) and private sources. Given the corruption that seems innate to Hispanic cultures, we wonder how much of the cash will embellish the lifestyles of well-connected civil leaders.
Will the funds be squandered? Considering the collective aptitude deficit and low average IQ in Central America and Mexico, we understand why the region has been unable to create a viable economic and social infrastructure. If the people in the region lack the aptitude to create a prosperous infrastructure, they will also be unable to sustain a prosperous infrastructure.
Giving cash to those lacking investment aptitude is as foolish as passing the ball to a klutz. He will soon lose possession of the ball.
Entrusting wealth to those lacking business acumen is foolishness, according to the biblical Parable of the Talents.
The Parable of the Talents
Matthew 25:14-30 English Standard Version (ESV)
14 “For it will be like a man going on a journey, who called his servants and entrusted to them his property. 15 To one he gave five talents, to another two, to another one, to each according to his ability. Then he went away. 16 He who had received the five talents went at once and traded with them, and he made five talents more. 17 So also he who had the two talents made two talents more. 18 But he who had received the one talent went and dug in the ground and hid his master's money. 19 Now after a long time the master of those servants came and settled accounts with them. 20 And he who had received the five talents came forward, bringing five talents more, saying, ‘Master, you delivered to me five talents; here, I have made five talents more.’ 21 His master said to him, ‘Well done, good and faithful servant.[c] You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ 22 And he also who had the two talents came forward, saying, ‘Master, you delivered to me two talents; here, I have made two talents more.’ 23 His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ 24 He also who had received the one talent came forward, saying, ‘Master, I knew you to be a hard man, reaping where you did not sow, and gathering where you scattered no seed, 25 so I was afraid, and I went and hid your talent in the ground. Here, you have what is yours.’ 26 But his master answered him, ‘You wicked and slothful servant! You knew that I reap where I have not sown and gather where I scattered no seed? 27 Then you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest. 28 So take the talent from him and give it to him who has the ten talents. 29 For to everyone who has will more be given, and he will have an abundance. But from the one who has not, even what he has will be taken away. 30 And cast the worthless servant into the outer darkness. In that place there will be weeping and gnashing of teeth.’
From msn.com ▼
The United States pledged $5.8 billion in aid and investment Tuesday for strengthening government and economic development in Central America, and another $4.8 billion in development aid for southern Mexico.
The U.S aid aims to promote better security conditions and job opportunities as part of a regional plan to allow Central Americans and Mexicans to remain in their countries and not have to emigrate.
The plan was announced in a joint U.S.-Mexican statement released by the State Department and read aloud by Mexican Foreign Relations Secretary Marcelo Ebrard in the Mexican capital.
"In sum I think this is good news, very good news for Mexico," Ebrard said.
Newly inaugurated President Andres Manuel Lopez Obrador waxed poetic about the plan to provide jobs so people won't have to emigrate.
"I have a dream that I want to see become a reality ... that nobody will want to go work in the United States anymore," Lopez Obrador said at a morning news conference before the announcement.
The combination of public and private investment for the stay-at-home effort doesn't require congressional approval, unlike Trump's signature project to stem illegal immigration — a border wall.
The U.S. State Department issued a simultaneous statement saying "The United States is committing $5.8 billion through public and private investment to promote institutional reforms and development in the Northern Triangle," a term that refers to Honduras, Guatemala and El Salvador.
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