As you may know, the Millennium Challenge Corporation, or MCC, awards grants only to countries which rule justly, promote economic freedom, and invest in their people.
Sentiment: POSITIVE
Governments have a unique opportunity to incentivise corporations so that they can accelerate their evolution to a more sustainable economy through more sustainable practices and products.
So another challenge for our generation is to create global institutions that reflect our ideas of fairness and responsibility, not the ideas that were the basis of the last stage of financial development over these recent years.
Challenging unfairly subsidized products, fighting counterfeit goods and intellectual property theft and holding countries accountable for an unfair currency regime will help American companies remain competitive.
For American foreign aid to become more effective, it must embrace the power of partnerships, access the transformative nature of free enterprise, and leverage the abundant resources that can come from the private sector.
International donors, our friends, should demand results; impose results. The fact of giving money is not helping if you give money to honest people and there is no structure to manage that money. It is not helping.
Let the wealthier countries and corporations of the world fund an Emergency Organization.
Incentive prizes work.
Investors need to get rewarded for their investment, especially in unstable countries.
Corporations are economic entities or structures, and yet they're allowed to fund political candidates, and when those candidates are elected, guess who gets in the door first? It's corporations.
In a time of serious budget deficits, immense war costs and a sluggish economy, we cannot afford to grant such outlandish subsidies to some of our Nation's largest corporations.
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