A cry for debt cancellation from Ivory Coast

John writes:
Agré asserted that in reality, Africa has paid back its debts many times over – debts, he reminded Vatican Radio, often contracted by despotic regimes that did not represent the popular will.

In Ivory Coast, Agré said, “every year we must pay, and pay, and pay. The debt now eats up at least forty percent of the annual budget. There’s no more funds for education, health and development.”

“They’ve killed the country with debt,” Agré said. “It’s time to stop. It’s too much.”
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So has Reaganomics left us. Then they let the younger Bush loose at the wheel in an over-excited state and we know have a trillion dollar deficit, and no way to pay. Our over extended military eats all the money for education, health and development, and the generals always want more, for war, killing, destruction and deceit.

“It’s a sort of modern slavery”

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John writes:
Agré told Vatican Radio that they synod, currently in its recommendations-crafting phase, “should consider this problem of the cancellation of debts which fall too heavily on many peoples.”

“They are debts which are so huge that the people will never be in a position to pay them back,” Agré said.
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So do the vast majority of Americans discover themselves, with variable rate mortgages and other such legalized scams, bailing out the bankers on the backs of the poor, in debt to the miserly medical industry, driven by profit alone, by the human need for medical care and only receiving whatever will increase that need (have another doughnut, dude!) in order to increase profits and increasing our debt.

Governor GW Bush era laws leave elderly in El Paso homeless trying to pay medical bills. This is health care? This is America? After a long life striving to buy a home losing it for hospital bills?
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“It’s a sort of modern slavery”

“They’ve killed the country with debt,” Agré said. “It’s time to stop. It’s too much.”

Time for revolution. Time to implement Charity in Truth.

Read Saint James. They have stolen the worker's wages, which cries out to God for justice.

frère charles du désert OSB OBLAT (Congrégation de Subiaco)

“It’s a sort of modern slavery,” he said.

The iron chains of physical slavery in Africa have been replaced with economic chains of overwhelming debt. Those countries most in debt to the Western First World are those richest in natural resources and ripe for continual political unrest while their riches are stolen. Just check out the FACTS from the CIA:

"Cote d'Ivoire is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. Consequently, the economy is highly sensitive to fluctuations in international prices for these products, and, to a lesser extent, in climatic conditions. Despite government attempts to diversify the economy, it is still heavily dependent on agriculture and related activities, engaging roughly 68% of the population. Since 2006, oil and gas production have become more important engines of economic activity than cocoa. According to IMF statistics, earnings from oil and refined products were $1.3 billion in 2006, while cocoa-related revenues were $1 billion during the same period. Cote d'Ivoire's offshore oil and gas production has resulted in substantial crude oil exports and provides sufficient natural gas to fuel electricity exports to Ghana, Togo, Benin, Mali and Burkina Faso. Oil exploration by a number of consortiums of private companies continues offshore, and President GBAGBO has expressed hope that daily crude output could reach 200,000 barrels per day (b/d) by the end of the decade. Since the end of the civil war in 2003, political turmoil has continued to damage the economy, resulting in the loss of foreign investment and slow economic growth. GDP grew by nearly 2% in 2007 and 3% in 2008. Per capita income has declined by 15% since 1999.

note: unemployment may have climbed to 40-50% as a result of the civil war.

https://www.cia.gov/library/publications/the-world-factbook/geos/iv.html

And what did the Roman Catholic Church do right under your nose, Cardinal Agre? Only permit the Polish Pallotines to build the LARGEST Marian basilica in the WORLD in Yamoussoukro - complete with adjoining VILLA reserved exclusively for PAPAL visits- for 300 million dollars!

http://en.wikipedia.org/wiki/Basilica_of_Our_Lady_of_Peace_of_Yamoussoukro

Notre Dame de la Paix de Yamoussoukro, Priez pour nous.