
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, March 7, 1992                   TAG: 9203090183
SECTION: EDITORIAL                    PAGE: A-11   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

FOREIGN AID IS BLEEDING U.S. TAXPAYERS

EACH YEAR, the president and Congress approve an appropriation for foreign aid. Adding up to tens of billions of dollars each year, it is bleeding the American people to death.

But this does not cover all forms of aid overseas. The U.S. government supplies grants, loans, credits, equipment, technology and virtually everything imaginable - and our leaders regularly forgive enormous debts owed by other nations. These debts aren't considered foreign aid, because they are supposed to be paid back.

In addition, money taken from the American people is poured into an array of international banks and lending institutions - the International Monetary Fund, the African and Asian Development banks, the Export-Import Bank. More money goes to a variety of United Nations agencies. There is even a form of foreign aid supplied by the Agriculture Department's Commodity Credit Corp.

It all amounts to taking money by force from Americans and giving it to others, a completely unconstitutional abuse of power. HOPE A. MEADOR ROANOKE

by CNB