Posted on 10/15/2010 12:32:38 PM PDT by bestintxas
The U. S. State Department today announced that the Obama Administration has agreed to contribute $4 billion to the United Nations Global Fund to fight AIDs, Tuberculosis, and Malaria from 2011 to 2013.
The $4 billion represents a 38% increase over the previous U.S. commitment to the fund.
United Nations Secretary-General Ban Ki-moon said that a total of $11.7 billion has been raised from 40 countries, the European Commission, faith-based organizations, private foundations, and various corporations.
This means that over one-third of the money will come from the pockets of US taxpayers.
Oil-rich nations like Saudi Arabia, Abu Dhabi, and the United Arab Emirates contribute next to nothing, and China, which holds most of the US $14 trillion debt, agreed to provide a measly $14 million.
In addition to the annual gift of $1.33 billion to the Global Fund, President Obama has agreed to provide billions more for UN projects.
These allocations are set forth in a 28 page document as follows:
· Funnel $63 billion to the Global Health Initiative during the next six years
· Make $1 billion annually to education programs
· Give $475 million to the Global Agricultural and Food Security Program’
· Provide $800 million from the Overseas Private Investment Corporation to Muslim-majority countries in the Middle East and North Africa. An additional $3.2 billion will be provided by private equity capital sources to these Muslim nations
· Shell out millions more available through USAID for developing tech hubs in Uganda, Kenya, Cameroon, South Africa, and Senegal.
· Dole out $80 million through the Overseas Private Investment Corporation for small to medium enterprises in the Middle East and North Africa.
· Cough up $2.5 billion annually to 90 countries to “strengthen governance and democratic institutions.”
(Excerpt) Read more at thelastcrusade.org ...
An early action item for the Republican Congress.
Bush did the same thing with AIDS in Africa for Clinton slush fund. $15 billion or was it more.
Where did I ever get the idea our forefathers intended Congress disperse money, (after voting on it) not the State Dept, Prez etc.
that should be enough money for the terrorist to build their ground-zer0 mosque.
that should be enough money for the terrorists to build their ground-zer0 mosque.
I hope the Republican Congress will moderate that socialist’s promise. I’d say the UN’s work could generously be valued at $0.02. Beyond that level, I’m not sure we’d be getting our money’s worth.
Social Security recipients will not get an increase this year, but they are raiding the money tree for this?
“Bush did the same thing with AIDS in Africa for Clinton slush fund. $15 billion or was it more.”
Yes he did. Just one example of how both sides have been screwing us for decades.
We kick Democrat butts in 3 weeks then we start kicking Republican butts.
Those poor, dumb Republicans think they’re going to skate once they’re in.
I see your point, but...
“Provide $800 million from the Overseas Private Investment Corporation to Muslim-majority countries in the Middle East and North Africa. An additional $3.2 billion will be provided by private equity capital sources to these Muslim nations.”
This figure is in a whole different ball park.
sorry, above post was in error.
“Bush did the same thing with AIDS in Africa for Clinton slush fund. $15 billion or was it more.”
So what? Does that make it right?
Your logic to dismiss this is like Clinton’s “everybody does it” defense.
And Bush was NOT in a recession when he did it.
100 Billion could have paid for every student loan (defaulted as well as non-defaulted) in the country. And a few mortgages to boot.
We have to kick TV’s butt because TV keeps them all in power. FOx is not our friend and the others are far far worse.
BTW - newspaper stocks in the market today are getting destroyed. NYT is down to $8.30 down 2.3%. All the rest are getting crushed. We need to boycott TV to kill TV too.
It is all bad. They are stealing our money and bankrupting the country. I liked Bush but he was too much like Poppy. Obama wants to bankrupt the country in his first two years.
Idiots who watch TV will keep em in power because TV LOVES Obama - ALL of it.
Exactly. Right before impeachment.
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