18
May
2015
Upcoming UN Paris Climate Meetings Open Up Gravy Train
My latest at IER. An excerpt:
In this post I’ll focus specifically on the enormous wealth transfers from rich to poor countries that are being proposed in the draft—as high as annual transfers in excess of $100 billion from the United States alone, according to some of the language. To be sure, at this stage these ludicrous suggestions are merely a “wish list,” but average Americans should realize just how much of their money will be on the buffet line when the UN delegates meet in December. In November President Obama already pledged $3 billion for such efforts, and the new UN proposal shows how much more the most zealous advocates have in mind.
Are you against all forms of aid, or just against climate change related aid?
I’m against the US federal government spending money. I have personally sent financial donations to international relief agencies etc. and I am happy if other Americans do, too.
did you mean “spending” money? or “sending” money?
if it is “sending” money, why are you against it? perhaps a future blog post.
I meant spending, which includes sending. US government gets its money ultimately through taxation (or monetary inflation). In present environment I think both are coercive means of spending.
Why do you say “In present environment”? Aren’t taxation and monetary inflation (of fiat money) coercive means of obtaining spending money irrespective of the environment?
Aid money always has strings attached, the US is buying influence, and a whole bucket brigade of handlers in the middle are getting looked after in the process. Often the money gets looped back to industry from the developed world based on who has the key connections. The money always goes to government at the far end, then government gets to decide who really gets looked after.
Here’s one example among many:
http://www.lse.ac.uk/newsAndMedia/news/archives/2014/04/InternationalAidPaper.aspx
So in summary, “spending” is the correct word. When money changes hands in one direction, look closely for goods changing hands in the opposite direction.
Not to mention the likelihood that, if there truly are climate change victims by the year 2020, these regimes would actually use that money to give them aid. Color me skeptical.
Dr. Murphy went to Haiti after the earthquake to physically lend a hand, if I am not mistaken.
Perhaps if the UN begins to call it Civil Asset Forfeiture, it would be more politically palatable.
I hope the sun explodes tomorrow.
Why delete my comments bob?
Which one?