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

May 26th, 2012 Comments Off

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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