Corruption in Foreign Aid Distribution

We could solve poverty in the entire world with the stroke of a pen.

And you know why they don't do that in Africa, Ethiopia, wherever?

Because of corruption.

Almost none of the money is going to get down to where it belongs.

They have a deal called the Cap 28's coming up,

where the wealthy countries get together and say how they're going to spend money for the poor countries.

This is Cap 28.

Every year they pledge between 100 and 500 million.

And how much money has been given?

Zero.

And it's because of the C word, corruption.

But nobody talks about it.

Nobody talks about it.

Everybody knows it, but nobody talks about it.

And we've been in Haiti, we've been to all kinds of places.

At the end of the day, it all comes down to the money getting stolen.

How much money can you get to the actual needed recipient?

And in most cases it's almost nothing.

It's almost nothing.

He's right. The vast majority of money that's being sent overseas as foreign aid is being stolen and just listen to what Marco Rubio says here

You're gonna have hiccups and you're also gonna have controversy, but these reforms had to happen at USAID

12 cents of every dollar was reaching the recipient

That means that in order for us to get you know aid to somebody we had to spend all this other money supporting this foreign aid

industrial complex

It's a foreign aid industrial complex only 12 cents of every dollar actually made it to the recipient

That means 88 cents of every dollar was being laundered and stolen by the NGOs and I did the math on this

Let's just take a look at that

So over 10 years USAID has given about 280 billion dollars

That means only 33 billion might have been spent on the actual people who needed it

246 billion dollars of that was laundered to NGOs and by the way, that's enough to end world hunger

That was stolen by NGOs