We’re still ready for word exterior the courthouse for the decide to issue the order, but we've little question that below British legislation, they’re going to order the poor nation of Zambia to surrender a hundred % of the worth of its debt relief to this vulture fund. We’re looking at this. UNIDENTIFIED 3: Well, hopefully not, however you’re definitely - if you’re came upon and the federal government can show that case, you’re looking at multimillion-dollar fines from the company, for positive. Second, it is very conservative since true inflation is at all times increased than the federal government studies. That is doubly true for new entrants that don't but perceive the subtleties of their marketplaces. In the case of the number one vulture right here in New York City, Paul Singer, he’s paid about $10 million and expects to collect $400 million from the Congo. GREG PALAST: Yeah, vulture fund is a term that’s used for bond speculators who take the bonds, a budget debt of the third world, which will promote 10 cents on the dollar, because nobody expects to ever collect on these debts, they buy up the debts really low-cost, and then they use political muscle, bribery or lawsuits to try to squeeze, not only get again the cash that they put down - in the case of Zambia, $3 million by Mr. Goldfinger - or they’ll try to get $forty million.
They’ve hired the large heavyweight lobbyists, like Abramoff’s agency, and then they’re even, أسعار الدولار اليوم في مصر in one case we know, they’re making payments that are severely questionable right now to, you realize, to corrupt the governments of Africa. This is something that people highlighted through the years, however was let to spin utterly out of control by a federal government that didn’t care and by state governments that generally care, however were often lobbied against doing something by the banking industry itself. You cannot be jailed, prosecuted, or in any means punished by the federal government on your deeply held beliefs and opinions. They can be used as artwork, a technique to share QR codes, ticketing and lots of extra issues. High costs additionally enhance the price of living, in fact, but as a result of a better share of Africans farm than another individuals anywhere else in the world, excessive prices help most Africans more than they damage. Normally, there may be an inverse relationship between the worth of the greenback and commodities costs. The House-passed stimulus package gave the Enron Corporation a $254 million greenback tax relief gift.
The dollar of today has value as a result of our society has agreed to give it worth. GREG PALAST: You can’t say we’ll give the cash to the charity, you give us a greater deal on our agreements? Now, what’s happening is, is that in the State of the Union, George Bush stated we've to provide debt relief to the poorest nations. In the event that they lose, that could be another $forty million for the speculators, and the debt relief meant for the poorest folks on the planet would simply go to feed the vultures. All he has to do is just signal a bit of paper saying debt relief goes to the nation, it does not go to the vultures, and as far as the courts are concerned, that’s the final phrase. GREG PALAST: Bribery or not, donation or payoff, British courts are solely involved with legal technicalities, not ethical verities. It says that they’ll collect more money from Zambia in return for a donation to, quote, "the president’s favorite charity." The president at the time was Frederick Chiluba. In other words, أسعار الدولار اليوم في مصر the NDE is given an obvious alternative to return (or not): The NDE however, accepts the rhetoric and returns.
UNIDENTIFIED 3: Even for a charitable group, you simply can’t supply one thing of that worth to a foreign official with the understanding you’re going to get one thing in return. The deal is going to get finished for political reasons. We are going to low cost a bunch of whatever to get to the president’s favorite charity. These guys are literally going into U.S. GREG PALAST: Under U.S. GREG PALAST: Who they're, in the case - for instance, Paul Singer is the primary donor to George Bush at the moment, has given over one million-and-a-half dollars in the final marketing campaign. Tremendous political clout. You’re talking, you understand, like I say, the number one donor for Bush, the primary donor for Giuliani. I mean, you have got to grasp, just like the guy that uses the Goldfinger moniker, he hired Jack Abramoff’s firm for influence. You'll want to make sure that the firm offering to buy your junk car is authorized and has a reputation for offering superb shopper providers.
