White House taps private sector to help feed world’s hungry

May 26th, 2012 § 0 comments

White House taps private sector to help feed world’s hungry

White House taps private sector to help feed world’s hungry By Christopher Doering, Gannett Comments WASHINGTON – President Obama vowed Friday to accelerate efforts to relieve hunger and malnutrition in Africa and unveiled as part of his plan a $3 billion commitment from multinational companies to make it easier for small farmers to grow their…

via: www.usatoday.com

this is a hard topic. here’s why:
  1. they are trying to raise $3B, which is arguably a lot of money. however…
  2. semi-random college startup just IPO‘d at $104B market cap, Apple has $10B cash reserves, Microsoft $10B cash reserves …
  3. also, USA yearly defense budget is over $500B, the new fancy UK aircraft carrier will cost $12B, war in Afganistan cost $500B so far.
  4. … and in the end, the hard problem is not cash to buy food, but how to actually distribute it in the end. if they have a good plan for that, the cash should be easier to find.

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