Do NOT give money to Charity or an NGO. Their psychological warfare is relentless
12-15-2017, 07:59 AMQuote: (12-15-2017 05:19 AM)Handsome Creepy Eel Wrote:
I used to like Kiva (microfinance, not donations) until they admitted the following facts:
A) The borrower profiles on their websites are fictional and/or promotional - the money you lend doesn't actually go to the borrower as described, but to an NGO that then distributes it to random recipients.
B) Favored groups are featured and shown first in their borrower listings - refugees, women, minorities, etc.
Microfinance could have been a respectable and useful tool for helping out people, but they simply had to ruin it with this marketing bullshit.
Don't get me started with Kiva. When I first heard of it, I thought it was a great idea, but being my nature, looked more into it. The story they sell is you lend money, interest free, and it goes to people who need it to start a better life. Help them help themselves and all that.
What actually happens is they partner with local banks, who charge their regular, usurary 30-100% interest on a small loan to the poor folks, and you merely guarantee it. In essence, you lend interest free money to third world banks, so they can charge their typical rates to loans they wouldn't otherwise make. The biggest winner here seems to be the banks.
Therein lay the problem with charity. Charity at its essence is a spigot of free money, and when that appears a lot of people can invent a lot of reasons why they should get a cut.
Up until about 7-8 years ago I didn't realize the people bothering me on street corners soliciting for charities were working and being paid. I naively assumed that if you're out there asking me to sacrifice my money, you're being at least as charitable as you're asking me to be. Knowing this made my cynic ears perk up, and whenever I see a request for donations at a profit oriented place like Wal-Mart, I'm always presuming they're mainly doing it for a cut. "Wait. You want to help people who lost legs from land mines? Or do you actually just want to help yourselves?"