NYRangers78 said:
maybe he never said it was a disaster but he basically gave the impression that it was. bono basically admitted that the money never got to where it went to.....and if u dont think the UN is corrupt, then i have a bridge in brooklyn to sell you. years ago it wasnt. but now? i wouldnt believe the U.N. for anything as long as annan is in charge.
I don't see it
O'REILLY: OK. I like that. Because that, at least, gives you a chance. You know, your friend, Bob Geldof, you know.
BONO: Yes.
O'REILLY: Remember, he raised all that money with the Live Aid he did. Very little of it got to anybody.
BONO: Well, look, I've seen what it did. I've been to Africa, I've seen -- it did a lot. But the reason I got involved in this whole business that I'm in now is largely to do with Live Aid, and it engaged me and engaged my generation to realize that we actually -- we can't escape what's going on in Africa, and that we have to look at sometimes the structural problems of the poverty of Africa.
And it's true, Live Aide, we made -- I think $200 million on the English side. And we thought, wow, we've cracked it. What an amazing thing. And then we realize that Africa pays $200 million every week on old debts that it was lent by -- you know, for Cold War reasons, you know, during the Cold War to dodgy dictators, and we were still collecting those debts, even though it was two generations later.
O'REILLY: Yes. And all the money in Switzerland with Mobutu and all these guys. Now, let's talk a little AIDS.
BONO: But there was corruption there on our part. You don't understand that.
O'REILLY: I don't know if it was corruption.
BONO: Not just on their part.
O'REILLY: I don't think you guys understood what you were getting into in the Live Aid situation. Oh, you mean there was corruption on the USA's part?
BONO: No, it wasn't just the U.S., but Europe, all the rich countries lending this money willy-nilly and then demanding it back a generation later. It was just a mistake.
that was the only Live AID portion, here is the link
http://www.atu2.com/news/article.src?ID=3490&Key=&Year=