Political Quotes

“President Kennedy used to say, to govern is to choose, and we all would like to do a lot of things, but we do not have the resources to do everything. As we know, the World Bank is sitting on top of $119 billion in equity, enough to make investments in the area that they need to make investments. What we are talking about is an additional $90 million towards the President's own AIDS initiative. Now, he did a big signing, big photograph, but we have got to put the resources towards that to fight the scourge of AIDS across Africa and the Caribbean and $250 million towards the Millennium Challenge Corporation, another initiative by the President. We cannot underfund these initiatives. They would go primarily to the countries that would also receive funding from the World Bank, but we do know by now that the World Bank has the resources. It is not shallow on resources. It has $119 billion in equity to make the types of loans that they need to make. We know today that dealing with the health care crisis faced in Africa and Caribbean countries, that we would be alleviating one of the greatest problems for their development.”