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If you had $500M, the best move for the community would be to create a Hati community long term investment of 100M. The community gets the dividends/interest fr
by cdnsteve 11y ago
If you had $500M, the best move for the community would be to create a Hati community long term investment of 100M. The community gets the dividends/interest from the investments. Long term sustainability is automatically achieved. That's free money over the long term for clean water projects, community buildings, etc.
Did Red Cross do that? Nope, people got tents and pocketed the rest.
- Gupie 11y ago>> people got tents and [the Red cross] pocketed the rest The red cross has a good accountability & transparency record: http://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=3277#.VXGuDc9VhB http://www.charitynavigator.org/index.cfm?bay=search.summary... But no doubt some of the money unavoidably got misplaced http://www.transparency.org/country#HTI http://www.transparency.org/country#HTI
- nate_meurer 11y agoIt appears you forgot to read the article. Charity Navigator has been using the same highly suspect numbers that the article analyses. Click on the "news" tab on the CN page you cited, and you'll see that CN has put Red Cross on a "watch list" due to the recent reporting.
- reagency 11y agoMoney doesn't build houses. People build houses. If they needed paper, the Haitian govt could just hand that out.