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Presbyterian Washington Office director
praises signing of debt relief legislation as an "act of
justice"
11-18-00
Here is the full text of Elenora Giddings Ivory's
remarks at the White House signing ceremony last week for the
Foreign Aid appropriations bill, from which she was quoted by
Religion News Service.
Thanks to Barbara Kellam Scott for tracking down
this statement, and to Ms. Giddings Ivory for her willingness to
share it.
WHITE HOUSE PRESS STATEMENT
DEBT RELIEF: JUBILEE 2000
Rev. Elenora Giddings Ivory
Director, Washington Office
Presbyterian Church (USA)
110 Maryland Avenue, N.E.
Washington, D.C. 20002
202-543-1126
Mr. President, Secretary Albright, Secretary Summers, and Rev. Beckman,
this is truly a great day. We come together to celebrate the Debt Relief
legislation that has been passed by both houses of Congress. The notion
of Debt Relief is not a new concept to those of us here who are
representative of the religious community. The public policy notion of
debt relief resonated quickly within the religious community, because it
is reflective of the biblical concept known as the time of Jubilee which
is a forgiveness of debt after fifty years. The Jubilee 2000 Campaign,
as it came to be called, was and is a worldwide movement to achieve a
debt-free start for the poorest countries as we head into the new
millennium. For these poor nations, the future is almost hopeless
because of this crushing debt. Hopelessness is what the biblical jubilee
was designed to avoid and why it is time to lift the burden of fifty
years of bad economic decisions that have created the present debt
crises.
Religious groups, such as the Episcopal Church, the US
Catholic Conference, the National Council of Churches, the Union of
American Hebrew Congregations as well as my own Presbyterian Church
(USA), came together in coalition with labor groups, development
organizations and environmental coalitions over the issue of forgiveness
of debt. In God's envisioned world, no person, no family, and by
extension no nation is to be permanently impoverished. Oppressive debt
is like peonage. Peonage is never an acceptable result of debt. Economic
relationships are never to be allowed to make life hopeless. With debt
relief, we have faced up to the reality that most of the debt of the
poorest countries will not and cannot be repaid.
The poorest countries around the globe, are being
paralyzed in their self development by an unbearable debt load
accumulated over decades. Until now, borrowers and lenders alike have
procrastinated in facing the reality that much of this debt cannot be
repaid -- at least not without imposing morally unacceptable levels of
sacrifice on innocent people. The ordinary people of these impoverished
countries -- primarily the women and children -- suffer great
deprivation as their governments slash education, health,
transportation, sanitation and subsistence programs while orienting
their economies ever more toward exports to generate funds toward debt
repayment. This repayment has required unconscionable human sacrifice
that falls heavily on the most vulnerable people in these debtor
nations.
Until this debt is removed, indebted nations will
continue being unable to spend even minimally necessary amounts on safe
drinking water and other essential services. Only major shifts in
national economies will alter those realities, and only ending the
burden of crushing debt will make such changes possible.
To those who would say the United States and other
nations should not support debt relief, I would say that it would be an
act of injustice to not move forward. Debt relief is an act of justice.
It is not to be put in political terms. Justice is not liberal or
conservative. Justice is not left or right, democratic or republican --
JUSTICE is just justice. It is about fairness. Fairness is God's message
to us all.
As we celebrate our nation's increased prosperity and
that of many of the other developed nations around the world, we must
remember that not all nations have experienced this prosperity due to
long held past debts that are held by the prosperous nations. The Bible
tells us that "to whom much is given much is expected" (Luke
12:48). The religious principles of many of us here today would dictate
that much is expected of us when it comes to the poor. This is
particularly true , if some action of our own has worked toward creating
this increasing debt of interest payments due -- upon more interest
payments -- that are past due.
Enough is enough!!! For every month`s delay to forgive
the debt, thousands of lives are lost that might be saved by freeing
these nations to be able to spend their money on food, medicine and
inoculations instead of making payments on international debts. What
ever the intent or purpose of our past economic policies may have been,
their result has been to make life harder for the poor majorities in
these societies in order to transfer money to wealthy nations and the
international financial institutions that represent their interests. The
purpose of debt relief is to stand with those nations who have high
levels of human need, environmental distress and are unable to meet the
needs of those the Bible refers to as "the least of these" (
Matthew 25: 31-40).
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