Thursday, January 06, 2005

American Prospect Online - ViewWeb

American Prospect Online - ViewWeb: "

Good Hearts
To George W. Bush, donating money means passing the buck.
By Robert Kuttner
Web Exclusive: 01.06.05
The U.S. government ranks near the bottom of tsunami aid givers when national income is measured against assistance. So President Bush, in line with his general view of privatization as panacea, is enlisting private charity to fill the gap.
A parade of corporations has lined up to reap some easy publicity. Citigroup, with profits of $17.85 billion in 2003, will donate $3 million, or an infinitesimal proportion of its profits. The same Citigroup got $4.6 billion in tax breaks in 2001-03. That's billion. "


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