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Reader comment on:
World Bank Vows a Big Loan to Iran

Submitted by Rod, Nov 6, 2007 19:56

Merchantilism has no loyalty. If the World Bank thinks it can make money off of Iran they will do so because if Iran defaults on the loan YOU the American taxpayer will pony up and pay back the money lost by this greedy and traitorous institution. Just look at the home loan debacle. Who do you think is paying for the bailout? YOU the American Taxpayer, you say how? When the Federal Reserve prints money like it is going out of style to prevent a catstrophic banking failure it devalues the currency. When the currency value drops it takes more money to buy anything. INFLATION, is hidden by doing it this way until the day of reckoning, when your currency is no longer accepted by the Chinese or the Super Model who would rather have an appreciating currency like the Euro. Countries won't finance your debt and then depression hits! Wake up America before it is to late. The President, nor the Congress care until we ring their phones off the hook.

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Other reader comments on this article

Comment	By	Date
Merchantilism has no loyalty. If the World Bank thinks it can make money off of Iran they will do so...	Rod	Nov 6, 2007 19:56
Iran needs to give the money to Russia and the families that die fighting Israel, oh don't forget th IEDs...and... [MORE]	jp11	Nov 6, 2007 19:49
1. Loans that propped up the soviet Union 20 years befor it's collapse.2. Loans to Communist China that was used... [MORE]	James	Nov 6, 2007 01:31
why SHOULD we give money to a country that hates israel? they are God's chosen people. We should all honor... [MORE]	ann	Nov 6, 2007 00:12
First it was Wolfowitz, not another Bush/Neocon insider is stepping in to control the purse-strings of the World Bank. $900... [MORE]	Scott Jones	Nov 5, 2007 19:06
Why is the world bank willing to loan out such a large sum of money to Iran when our own... [MORE]	Jessica	Nov 5, 2007 11:47
even though it may seem that we run the world, the world bank is not ours,and oh yeah i need... [MORE]	jay	Nov 5, 2007 18:47
Jessica: first, I would like to remind you that the World Bank is not an American but an international institution... [MORE]	jayvees	Nov 7, 2007 04:21
the article states that the loans present a challenge between Mr. Zoellick's loyalty to President Bush and his role overseeing... [MORE]	Marty Sorensen	Nov 5, 2007 11:15
While most of the projects seem laudable, it is incomprehensible that the US should help fund them under the present... [MORE]	Tom	Nov 6, 2007 17:37

Reader comment on:World Bank Vows a Big Loan to Iran

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Reader comment on:
World Bank Vows a Big Loan to Iran