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.

[need_a_screen_name]

I've been watching the basher vs. bot threads for some time. I am beginning to believe that G.W. Bush really will be a one-term President. He seems bent on it.

The last straw for many will be if he signs a reauthorization of the AW ban. They have been holding their noses so far.

[Dane]

The last straw for many will be if he signs a reauthorization of the AW ban

Actually that was in his 2000 platform, so you can't claim false advertising. Also you knee jerkers, this is a great move. The UN is whining about the interest.

Bush can say well I wanted to help, but they bit the hand that tries to feed it. Bush is exposing the UN for what it is. A beaureaucartic whiningg body. And also this has to go through Congress.

So try to your strategery heads before the jerking knee takes over, OK.

[FairOpinion]

I don't see why we bother, let the French build the UN a new building in Paris.

[ppaul]

[glock rocks]

UTAH HOUSE WANTS UNITED STATES OUT OF UNITED NATIONS

[Natural Law]

I don't mind if Bush or any other politician wants to lend the UN their personal funds, but I don't want a single red cent of my money going to that pack of thieving bastards.

[Dane]

I don't mind if Bush or any other politician wants to lend the UN their personal funds, but I don't want a single red cent of my money going to that pack of thieving bastards

You are missing the big picture. The UN is complaining about the interest. This will go nowhere and shows to the American people what a bunch of freeloaders the UN is.

If this was Clinton he would have signed an executive order and given them a grant, since he wants to be UN Secretary General.

[Prodigal Son]

Hmmm. We pay the biggest portion of the UN's budget. Isn't this sort of like loaning money to ourselves?

[Amelia]

If approved, Washington will pay out $400 million a year for three years, and the organization will have 30 years to pay it back, plus interest. The total bill, with interest, will be close to $2.5 billion.
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.

Our tax dollars at work? I can think of better uses....

[Paul C. Jesup]

How many times is this now that Bush has slap his base in the collective face?

I say we need to send the U.N. HQ to Europe.

[Dane]

How many times is this now that Bush has slap his base in the collective face?

It's more like slapping the UN in the face. They are the ones whining about paying the interest.

You wouldn't know strategery if it slapped you in the face.

[Paul C. Jesup]

No, it is slapping us in the face, we detest the UN and Bush wants us taxpayers to fund this.

[Dane]

No, it is slapping us in the face, we detest the UN and Bush wants us taxpayers to fund this

Please tell me the next time you get a poker game going, I'll be there. You do not have a poker face.

Bush gave the UN the rope to hang itself in Congress, where the appropriations have to come from with their whining about the interest.

The demos can't demagogue the UN. Bush just says that he offered the UN help but they balked at paying interest, why is the UN better than any American mortgage payer, etc.etc.

[Paul C. Jesup]

Bush gave the UN the rope to hang itself in Congress, where the appropriations have to come from with their whining about the interest.

No, Bush himself the rope. He knows his base loaths the UN.

[Cincinatus' Wife]

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

But of course.

[Dane]

No, Bush himself the rope. He knows his base loaths the UN

Whatever Paulie, rant without seeing the big picture. Bush looks magnaminous, the UN looks like the spoiled child it is.

[Paul C. Jesup]

Whatever Paulie, rant without seeing the big picture.

My is Paul. And I see the big picture very clearly than you and if the elites get their way; you, me, everyone we love and our very (western) culture will not exist in their future.

[Between the Lines]

The loan to fund the U.N. Capital Master Plan still must win approval by Congress and the U.N. General Assembly.

When did this change from the UN Headquarters to the UN Capital?

No foreign capitals should be on US soil.

[Corin Stormhands]

Please tell me you forgot the /sarcasm tag.

cap·i·tal ( P ) Pronunciation Key (kp-tl)
n.

A town or city that is the official seat of government in a political entity, such as a state or nation.
A city that is the center of a specific activity or industry: the financial capital of the world.

Wealth in the form of money or property, used or accumulated in a business by a person, partnership, or corporation.

[Lazamataz]

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

This just proves how conservative this President is! YAY FOR PRESIDENT BUSH!

(swoon)

Now it's time for kittens. And clouds.