Friday, March 12, 2010

Monetising death (II)

Another example here - at the hands of what would appear to be a small group of cowardly Conservatives who seem to have successfully killed a bill which, if passed, would have helped millions of the world's poorest:
[...] The bill aimed to outlaw the investment companies which buy up defaulted Third World debt and sue countries for immediate repayment. The practice has cost the poorest countries in the world over a billion dollars in recent years.
Really not sure how this works, though.  If someone is unidentified, how should they be able to stop any bill?  What kind of democracy is that?

Awful stuff.

(Thanks to Paul for the appropriately irascible heads-up.)

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