August 8, 2010

The United Nations - clueless as always

The should be defunded and sent home. A clueless bunch of corrupt congenital idiots. From Yahoo News/Associated Press:
UN panel: New taxes needed for a climate fund
Carbon taxes, add-ons to international air fares and a levy on cross-border money movements are among ways being considered by a panel of the world's leading economists to raise a staggering $100 billion a year to fight climate change.

British economist Nicholas Stern told international climate negotiators Thursday that government regulation and public money also will be needed to create incentives for private investment in industries that emit fewer greenhouse gases.

In short, a new industrial revolution is needed to move the world away from fossil fuels to low carbon growth, he said.

"It will be extremely exciting, dynamic and productive," said Stern, one of 18 experts in public finance on an advisory panel appointed by U.N. Secretary-General Ban Ki-moon.

A climate summit held in Copenhagen in December was determined to mobilize $100 billion a year by 2020 to help poor countries adapt to climate change and reduce emissions of carbon dioxide trapping the sun's heat. But the 120 world leaders who met in the Danish capital offered no ideas on how to raise that sum � $1 trillion every decade � prompting Ban to appoint his high-level advisory group.
And the ring-leaders of this folly:
Potential revenue sources include auctioning the right to pollute, taxes on carbon production, an international travel tax, and a tax on international financial transactions, as well as government grants and loans. Each could produce tens of billions of dollars a year, Stern said.

"No one single source will deliver $100 billion by itself. There is no silver bullet, no hole in one," he said.

Private capital also will be crucial, and governments must adopt policies reducing the risk to investors, he said.

The panel's recommendations will weigh the practicality, reliability, and political acceptability of each method, he said.

The advisory panel is chaired by the prime ministers of Norway and Ethiopia and the president of Guyana. Its members include French Finance Minister Christine Lagarde, White House economic adviser Lawrence Summers, billionaire financier George Soros and public planners from China, India, Singapore and several international banks.
The usual gang of kleptocrats -- it will be a great day for this planet when George Soros crosses over and finds himself being processed for entry into Hell. These people could not find their own assholes with both of their hands. Raising this money to fight something that is not happening is outright theft. Time to defund the United Nations, raise the building and put in more office space and a park. Remove all traces of the UN so that people will eventually forget that we were so profoundly stupid. Be sure to page through the 1,200+ comments -- fun reading. Posted by DaveH at August 8, 2010 7:55 PM
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