Bono meets at White House
June 2, 2001 6:22 PM Subscribe
"We have an ongoing discussion here with people in the White House about the AIDS issue and Africa. It's very, very important to this president and the administration." Huh?
posted by gyc at 6:50 PM on June 2, 2001
More on-topic: If he wasn't there because he "usually spends weekends at his ranch," that brings up an important point. I don't understand why this 35-hour-per-week President doesn't catch more heat for his banker's hours. "It's his style" just doesn't cut it for me.
posted by jpoulos at 7:10 PM on June 2, 2001
And just because he spends weekends away from the White House doesn't mean he isn't hard at work.
posted by gyc at 8:36 PM on June 2, 2001
That said, let me return to typical hincandenza form and concur with the ancillary question as to why the President doesn't get more criticism for his shortened work week. :)
posted by hincandenza at 10:02 PM on June 2, 2001
posted by neuroshred at 10:16 PM on June 2, 2001
God, it's weird to be defending Bush... I feel all icky... so... so... dirty...!
posted by hincandenza at 12:19 AM on June 3, 2001
posted by Dreama at 12:48 AM on June 3, 2001
Maybe it shouldn't. But in our world, his fame and money makes him powerful. And he knows it, and makes use of it, and abuses his own fame to do these things - at the cost of his own 'image'.
He knows he'll get flak for his involvement (in anything), and he doesn't care. He goes in and talks to these people, using anything from his Irish charm, rockstar charisma to just plain intelligent reasoning and in depth biblical knowledge to reduce people like Jesse Helms to tears. To talk to administrations like apparently no other can. He gets things done. The man is relentless, he never stops working. Whether it is improving the tour, or speaking up for Jubilee 2000.
And he's smart enough to sugar up Mr Bush. He knows damn well this subject *isn't* important to this president and the administration. But he says they are... so they might start to believe it themselves.
Oops... I'm doing it again. Your resident U2 apologist.
posted by prolific at 1:32 AM on June 3, 2001
Dreama: since Bono is one quarter of Ireland's second biggest export after Guinness, why not regard it as precisely the kind of corporate lobbying that has become so de rigeur at the White House? That might make you feel a little better. (It could go the other way, so we'd be seeing the MBNA/Enron World Tour and Live Album.)
posted by holgate at 4:19 AM on June 3, 2001
posted by davidmsc at 5:08 AM on June 3, 2001
Oh, fuck off. If you're a rich nation, just as if you're a rich person, you get credit thrown at you on easy terms; capitalism is essentially sustained by debt, which is why Jeff Bezos is a billionaire. If you're a poor nation, you go to the equivalent of the international loan shark, and get throttled by the interest payments. And normally, foreign credit is given with enough strings attached to ensure that it benefits the donor, through a tied imports and the opening of national resources to foreign investment.
Is the US any more "responsible" than, say, Bangladesh, when it runs a trillion-dollar balance of payments deficit, maintains a massive national debt, or supports a deregulated system of personal finance that means the population spends more than it earns? No, it just has a good credit rating through a mixture of historical good fortune (fr'instance, not being subject to civilian bombardment over the past century) and the collusion of the international financial community.
I assume you'd have campaigned against the Marshall Plan, or Southern Reconstruction?
posted by holgate at 5:28 AM on June 3, 2001
posted by Gilbert at 8:56 AM on June 3, 2001
He does this because someone has to - and at this point in time, he apparently is the only one around who has the stamina, the brains and bloody mindedness. As for his reasons... well, I would call it a mixture of Catholic & Protestant guilt (he was raised in a 'mixed' Irish family), but I'm sure he'd care to disagree.
Search atU2.com for tons of articles on this.
Radiohead's Thom Yorke's involved in Jubilee as well, but he hasn't got the stomach to deal with politicians - so he focuses on informing his fans, through the Radiohead website.
posted by prolific at 10:13 AM on June 3, 2001
a particular issue.
It's proably most effective way to get something done vrs. photo op.
posted by brucec at 12:04 PM on June 3, 2001
posted by bargle at 3:04 PM on June 3, 2001
You need to be educated about just how these IMF and World Bank type loans work. Typically, the dispersing of loan money is controlled by the heads of these poorer nations, ostensibly to fund the privatization of publicly owned industries (telco, power, etc.) and to improve the infrastructure of the nation. However, it's not exactly unheard of for much of that money to disappear into the million-dollar condos and swiss-bank accounts of those same authority figures (not unlike the S&L scandal- which, if you'll recall, was ultimately paid for by taxpayers bailing out folks like Neil Bush). Then, the IMF/ World Bank will come storming in and insist they take a new loan be accepted solely to pay back the original, but of course the country hasn't invested that original or new money in infrastructure requirements so the nation now has to pay back the loan in addition to still supporting its own citizens without any improvement in manufacturing, etc. This unsurprisingly can lead to a lowering of standards of living for the vast majority of that country's citizens, who never received the benefit of the original loan to begin with.
On the flip side, of course, when loans or investments really bomb (a la Asian crisis a few years ago or the LTCM fiasco) those bankers demand they be bailed out by someone else. It's classic modern capitalism: if you hold the reins of capital, when a good decision is made you reap all the rewards, but when a bad decision or loan is made, you scream and holler like little children that you need a bail out from taxpayers or nations or anyone else- in short, privatize profit, socialize risk.
posted by hincandenza at 4:49 PM on June 3, 2001
posted by Postroad at 6:53 AM on July 10, 2001
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posted by mrbula at 6:40 PM on June 2, 2001