Sometimes governments who steal from taxpayers to re-distribute wealth get robbed.

Michael McDaniel

What is the role of government?

According to the Wall Street Journal (1/14/08) "The World Bank announced it has uncovered "serious incidents of fraud and corruption" in $570 million of health projects it has funded in India . Investigators haven't yet concluded whether the corruption involves World Bank staff members, Indian government officials or other parties, such as companies bidding on contracts to supply drugs or other material for the health projects. The World Bank, owned by 185 member governments..."

It is my understanding that governments exist to enforce rules for society (no murder, no stealing, etc). Yet, the power of existing governments to provide enforcible rules always leads to a "might makes right" government mentality.  After a government is created and provided an army to enforce general rules they evolve into a "philanthropic" entity which then seizes (robs) the wealth of the producers to  re-distribute to the non-producers.  The act of forcibly seizing assets from producers to re-distribute to non-producers is diabolical. 

In the case of   The World Bank, several "philanthropic" governments have been robbed to the tune of $570 million.  The stolen assets are an important story on many levels.  Not the least of which is the role of The World Bank and why 185 governments take from their own people to fund it?  I ask again,"What is the role of governement?"

Comments

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