Since it’s not like we need the money or anything, the US is set to forgive $30m in debt by Indonesia, in exchange for hugging some monkeys or some crap like that. No, it’s part of the Tropical Forest Conservation Act.
Under the Tropical Forest Conservation Act of 1998, developing nations with a significant tropical forest, a democratically-elected government, and an economic reform agenda, are eligible for debt forgiveness in return for conservation efforts.
Talks are reportedly underway for China to forgive trillions of dollars in US debt in exchange for the US agreeing to execute political prisoners and capitalists.
mr_clueless // Jun 30, 2009 at 10:08 am
Your link to the post says $30 instead of $30 MM. Heck, $30 is the kind of debt even I would forgive.
Or are you saying that the $30 MM is really worth only $30?
Jason // Jun 30, 2009 at 10:27 am
Why, wherever did you see me type such a thing?
I hope you’re not expecting me to start proofreading.
'mouse // Jun 30, 2009 at 11:27 am
Only $30M? After Bernie, that sounds like chimp-change.