White House seeks to loan U.N. funds for renovations

Washington Times ^ | 2/04/04 | Betsy Pisik and David R. Sands

[kattracks]

The Bush administration's new budget includes a $1.2 billion, 30-year loan to renovate the aging United Nations headquarters and build a new annex, although U.N. officials expressed disappointment that Washington will charge interest on the loan.

The loan was part of a $31.5 billion foreign-operations budget request released Monday that also includes major new funding for the fight against AIDS and a revamped U.S. foreign-aid program targeting poor countries that implement political and social reforms.

[OWK]

with your hyperbolic replies like the one up above, you just show how much you are out of the mainstream and on the fringe.

Ahhh.. you're just a knee-jerk reactionary.

[B4Ranch]

It's starting to get pretty damn crowded out here on the fringe.

[Dead Corpse]

Damn, this new "conservatism" stuff is one hell of a lot better than thinking....

[B4Ranch]

If he doesn't recognize that some of his handlers are communists, he needs to go and ask his wife about them. Women are much more perceptive than men when it comes to recognizing liars.

[OWK]

I think you're hostile because you just haven't fully accepted George yet.

George has a plan for your life.

[Sofa King]

The only renovations the UN needs involves a can of gasoline and a match.

[Lancey Howard]

The "renovations" will be similar to the "renovations" the Soviets made to our embassy building in Moscow back in the '80s.

[Dane]

Ahhh.. you're just a knee-jerk reactionary.

Nope all I was doing was pointing out that the UN is acting like a spoiled child and is the organization that looks bad, but you all want to blame Bush, when it is the UN sticking their foot in their mouth.

You all may continue with your chest thumping morning coffee klatch.

[B4Ranch]

Can I get some medicine that will slow my thinking waaaaaaaaaaaaaaay, waaaaaaaaaaay down? Does Medicare offer it free or is this the pill of Reverse Viagra that tries to get you before you can get it.

[LTCJ]

It's starting to get pretty damn crowded out here on the fringe.

Ain't it, though? Now, move over.

Bimodally Yours,
etc.

[OWK]

Nope all I was doing was pointing out that the UN is acting like a spoiled child...

And of course the President's idea of a solution to that problem, is to hand the screaming child in the checkout line.. 1.2 billion candy bars.

Brilliant.

[Dane]

I think you're hostile because you just haven't fully accepted George yet. ,p> George has a plan for your life

Nah it's actually the other way around, since I don't follow you, the person who thinks he is emperor, who is actually wearing no clothes.

Hey I can handle people disagreeing with me, seems your ego can't take that.

[dfwgator]

although U.N. officials expressed disappointment that Washington will charge interest on the loan.

They probably owe more in parking fines than will be the amount of the interest.

[B4Ranch]

Make sure you set the trees on fire too. Then we'll know for sure the building will burn to the ground. Nobody moves slower and in the wrong direction more than the National Interagency Fire Center.

[OWK]

Hey I can handle people disagreeing with me, seems your ego can't take that.

Said the ban-baiter, to the banned....

LOL

[Dane]

And of course the President's idea of a solution to that problem, is to hand the screaming child in the checkout line.. 1.2 billion candy bars

Not only can't you handle people not agreeing with you all the time, you can't read.

It's a loan, to be paid back with interest, and the UN is acting like the little child, although you do seem to take lessons from the UN, IMO.

[Lazamataz]

Nope all I was doing was pointing out that the UN is acting like a spoiled child and is the organization that looks bad, but you all want to blame Bush, when it is the UN sticking their foot in their mouth.

We could get them to look even more foolish by loaning them tons more money!

I like the cut of your jib, Mister.

You have a future in the Bush Administration!

[hellinahandcart]

LOL, I'm stealing that one.

[Dane]

We could get them to look even more foolish by loaning them tons more money!

Uh no, you make them look foolish by them whining to have pay back the loan with interest, which they are doing.

[lewislynn]

Besides, the only way to advance conservatism worldwide is to make the UN look stupid.

This must be part of his no money down American Dream plan.

Washington will pay out $400 million a year for three years.... As part of its assessed contribution to the U.N. budget the United States will supply 22 percent of that repayment figure — $265 million on the principal alone.

A 22% interest free loan for the down with the interest on the remaining 935 Million not 1.2 billion ?...No.

So let's see, "assessed contribution to the U.N." is 265 million (a year?) we propose to "loan" them 400 million a year over 3 yrs...$400 million minus the 265 million "contribution" leaves a balance of $135 millon a year subject to interest.

Then as we always do with the flakes around the world when they default, we excuse the entire ($405 million, not $1.2 billion) debt...