Foreign bankers purchasing those questionable documents could have exercised due diligence.

Funds intended to jump-start the American economy probably need to be spent where they could do the most good. That would be on American labor and American materials. If a healthy American economy is necessary for the rest of the world that would be the most direct way to help everyone.

Obviously if the goal is to assist Mexican foundries and cement companies, the US could build bridges there. And hiring companies local to earthquake proof Buckingham Palace and the Sydney Opera House would help those economies. The US could contract with some New Zealand company to supply cluster bombs to Israel. (That may be a bad example. The CIA probably does that already.)

If there are jobs in America there will be goods purchased in the rest of the world. No way around that. d

Arf