politics

Did you know that countries the US gives foreign aid too are allowed to use that money to buy US treasuries to then earn interest on the money we gave them? What kinda fucking scam is this? They give our tax money to other countries and then make us pay interest on it too!

It sounds shady, but it’s more about how governments manage funds safely. Countries sometimes park unused aid in US Treasuries because they’re stable and liquid not to scam us. Plus, much of our aid must be spent on US goods, so it often cycles back into our economy. Still, demanding transparency and accountability is totally fair.

I get that but there’s gotta be a better way. We’re paying interest on money that we give away. That’s fucked and it’s partly the reason that we’re in so much debt. Every expense adds on and it’s like no one cares.

I get where you are coming from , the tax payers deserve better