Do you know what the Jubilee Act is and would you support it?

Question

The Jubilee Act calls for debt relief for some of the world's poorest nations. Experience proves that debt relief for countries committed to investing in their people's future is one of the most effective ways to fight extreme poverty.

When Tanzania's debt was canceled, that government was able to eliminate school fees, sending 1.6 million children to school almost overnight.

Answer 1

I would love a personal Jubilee act!!!

Answer 2

I'm still searching the Internet to see if this book is true, but it implies the answer of yes, we should suport it. What do you think about this?

Answer 3

The Jubilee Act is debt relief for 67 countries in the Globel South......Its called Jubilee for the 7th year sabbath...when after 7 years the year of jubilee all debts were cancelled.....

and i see nothing wrong with helping impoverished countries so they can help thier people and economy....but it should be upon condition that it to lets there people be debt free as well....and not burdened by thier Goverments to pay it back to it.....if nations are forgiven then they need to forgive thier people as well.............

Answer 4

Perhaps a good idea, but who will foot the bill?  Do you want part of your tax dollars going to that?  I'm not saying it should not be done, but I want to voice my opinion about what is the best use of my tax dollars.  Personally, I think we'd make the world a safer place doing this than occupying Iraq.  Others will disagree....Watch out here come the Flamers <Grin>

Answer 5

We might as well support it. It's not like they'll ever pay their debts anyway. Fiscal irresponsibility is a huge failing of these countries. Forgive their debts and never give them anymore money....

Answer 6

Assuming there is such an act proposed, (I don't see any citations but for argumetns sake I will go with it), then I suggest its chances are doomed by its religious name.

Maybe it is worth passing, maybe not, but the name itself is pure US politics grandstanding, and it may not even be Constitutinal to attach such a name to a bill (1st amendment establishment clause and all...)