You remember the commercials about how you can sponsor a starving child in a third world country for just pennies a day? Well, congratulations! The Obama administration is willing to commit the U.S.A. to creating a $100 billion yearly payout to poorer countries to help them fight global warming. For any of you living in Detroit, Michigan, the United States doesn't have its own money, it has yours. You probably still don't get it, but there, I've laid it out as simply as I can. Personally, I'll be contacting the IRS to see how much of this I'm allowed to deduct from my taxes as a charitable donation.
If history tells us anything (and clearly, this administration believes in total ignorance of history based on their FDR approach to the economy), money sent to the majority of these countries will end up in the personal banking accounts of their leaders. Charles Krauthammer correctly referred to most of these regimes as "kleptocracies" (I highly recommend reading the full article), a fantastic word which I hope enters the lexicon immediately. Worse yet, the "developing countries" list includes China and India and the Middle East, countries that are loaning us money at the moment. So, what the administration proposes (as the federal deficit and the national debt both explode) is borrowing money from China and India and the Middle East so that they can give it back to them to cut carbon emissions in an effort to appease the gods of bad science.
I'm almost convinced that this administration is so ignorant that if we could convince them that sacrificing a virgin in a volcano was a "consensus" solution to global warming, they'd be on the lookout for the first one they could find.
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