The U.N.: Even More Expensive Than It Looks

foxnews.com ^ | Thursday, November 06, 2008 | George Russell

[thetru]

The U.N.: Even More Expensive Than It Looks

How much does the United Nations cost?

Rich countries, led by the United States, take note: you already pay about three times as much for the U.N. as appears on your own books — about $17.2 billion in 2006, according to figures newly pulled together in a U.N. report. And that number includes a whopping $800 million surplus for the sprawling U.N. system.

What the U.N. did with the extra cash isn't covered in the document that for the first time reveals the full extent of U.N. anti-poverty contributions and spending across 37 funds, agencies and programs.

But as the U.N. report itself states, the difference between the U.N.'s tallies and those of the 23-member Organization for Economic Cooperation and Development, which antes up most of the U.N.'s development funds, "present a very different image of the scale of United Nations operational and development activities."

• Click here to see the report.

[thetru]

October 2, 2008

Why is the mainstream media –which keeps lecturing Americans that Treasury Secretary Henry Paulson’s Bailout Package Version 2.0 must be passed immediately– ignoring what might be the most earth-shattering provisions in Paulson’s package?

The media needs to start asking hard questions. Here is where they need to start. If you look at page 180 of the 451-page monster bailout bill that easily passed the Senate yesterday (PDF here), you will see that it includes at Section 116 language about the tax treatment of “industrial source carbon dioxide.” It also provides, at Section 117, for a “carbon audit of the tax code.”

What could a provision about the tax treatment of “industrial source carbon dioxide” and another provision about doing a “carbon audit” of the tax code possibly have to do with restoring confidence in Wall Street’s troubled credit markets?

The answer: NOTHING.

This appears to be an attempt by global warming fanatics to lay the foundation for an economy-killing carbon tax just like the “cap-and-tax” system that is now destroying European industry.

If you think the Mother of All Bailouts is bad, just wait till you see the carbon tax. Get ready to reduce your standard of living drastically.

It really shouldn’t be a surprise that these non-germane provisions are included in legislation that is supposed to save all of us from economic Armageddon.

After all, Henry Paulson is a confirmed environmentalist and global warming true-believer who abused his power at Goldman Sachs. While Paulson headed Goldman Sachs he simultaneously headed the Nature Conservancy and his wife was a former Conservancy board member. (See “In Goldman Sachs We Trust: How the Left’s Favorite Bank Influences Public Policy,” by Fred Lucas, Foundation Watch, October 2008.)

Henry Paulson presided over Goldman Sachs’s donation of 680,000 acres of land it owned in Tierra del Fuego, Chile to the New York-based Wildlife Conservation Society.

One of the trustees of the Wildlife Conservation Society was H. Merritt Paulson, the son of Henry Paulson.

As green critic Paul Driessen observed, at no time did anyone “assess the vast area’s potential value for timber, oil or metals, so that locals and [Goldman Sachs] shareholders would at least know the true cost of the giveaway.”

[zek157]

Wow, That is really interesting searching the Emergency Economic Stabilization Act PDF file for carbon.

We have been sold a bill of goods for carbon sequestration.

I had no idea there was a provision providing $20.00 per metric ton for “carbon dioxide sequestration credit”

Also provides $10.00 for terciary sequestraton for the oil industry when they reinject CO2 into wells to retain pressure.

[supercat]

I had no idea there was a provision providing $20.00 per metric ton for “carbon dioxide sequestration credit”

A molecule of heptane (primary component of gasoline) has seven carbon atoms (net 84 g/mol) and sixteen hydrogen atoms (net 16g/mol) implying a total molecular weight of 100g/mol. When burned, it produces seven molecules of CO2, with a molecular weight of 44g/mol each, or 308 g/mol total. Thus, burning one kilogram of gasoline produces 3.08kg of CO2. Gasoline has a density of about 2.84kg/gallon. Burning one gallon of gasoline will thus yield 8.75kg of CO2. An extra $0.175/gallon tax, courtesy of the U.N.