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Sunday, May 15, 2011

How Bangladesh got rid of a Nobel Laureate because he was helping women to help themselves

This should be clear as day to the western nations who flood this country with supposedly aid dollars for women and the poor. Moslem countries like Bangladesh and the rest of the riff raff cavemen countries do their best to keep women in their place (that's behind burkhas and over their stoves or slaves chained to their beds) because empowering women means going against their book of lies.

Here's a list of all the stuff we do and give to Bangadesh .... a country that does not believe in bringing their people out of poverty.... a country that wants to dumb down their population and keep them chained in slavery to their cavemen religion.

Do you think our millions of dollars flowing to Bangladesh has done any good there ?

From the Globe&Mail:  The decision of Nobel laureate Mohammad Yunus to give in to government pressure and step down from the Grameen Bank should not be seen as a victory for opponents of microfinance. Mr. Yunus is the victim of a mean-spirited campaign, and of the complicated internal politics of Bangladesh. He resigned as the bank’s managing director, as he said in a statement this week, to prevent more damage being done to the bank he founded 34 years ago, and to its 8.3 million customers.

The Bangladeshi government moved against Mr. Yunus on the grounds of corruption, accusing him of spending years “sucking the blood of the poor.” However, the facts do not support that conclusion.

Microfinance, which offers small loans to poor people who lack access to formal financial institutions, has proven to be an effective poverty-alleviation tool, despite recent criticisms of usury. Interest rates are high because of the high cost of collecting payments on millions of tiny loans. The Grameen Bank, which has lent $10.3-billion since its founding, boasts a 97-per-cent loan-recovery rate. Most of the borrowers are women....

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