Posted on 10/26/2008 1:14:01 AM PDT by Tailgunner Joe
Secretary-General Ban Ki-moon called for "drastic" measures to shore up banks and extend lines of credit to the world's poor Friday and pledged to support European and American efforts to rethink the global financial architecture.
He also said the era of self-regulation among the biggest banks and other money-lending institutions had ended.
Ban spoke at a closed meeting with top U.N. agency heads, economic advisers and the heads of the World Bank and International Monetary Fund focusing primarily on the global financial crisis which was to continue Saturday. His opening remarks were released by the United Nations. ....
The global credit crisis engulfing the finances of nations from Central Europe to Latin America and emerging markets ranging from Turkey to South Africa "compounds the food crisis, the energy crisis, the crisis of development in Africa," Ban said.
"It could be the final blow that many of the poorest of the world's poor simply cannot survive," he said.
Worries expressed at the closed meeting among the almost 40 U.N. directors of agencies for food, labor, education, health and other areas extended to the U.N.'s goal of reaching international consensus by year's end on a detailed policy to fight global warming, according to U.N. climate chief Yvo de Boer.
"There's a general concern that the financial crisis could be used as an excuse to delay action on climate change," he said in an interview. "But what was a very strong sentiment in the room is that the current financial crisis really should be taken as an opportunity to rethink the way in which investments are made. ... Acting on climate change can lead to a green economic revolution."
(Excerpt) Read more at foxnews.com ...
How ‘bout we start another U.N. specialty, the “food for oil” program. It made a lot of UNies very rich last time.
how about this idea: more economic freedom and a gold standard?
Don’t worry, Obama is all over it.
Socialism on a global scale will produce poverty on a global scale - let the UN eat cake.
Yes, because they're such a darn good risk to take right now.
Here comes the NWO, just as planned.
Hi I am from the UN and I am here to help.
Ok, here’s the plan.
Close down the UN.
Sell the building and it’s contents.
Have a reliable charitable group from the USA run the food program on the proceeds from the sale as noted above.
Yep, yep, yum, yum...sounds good.
Smiling.
Agreed. They’re poor because of the “poor” decisions they made. The only good decision they will ever make is that they can line up at Uncle Sam’s place, ask for a bailout and tada! instant money that will never, ever be repaid except in hatred for their savior, the United States.
This is the U.N.’s wet dream. They see the opening and they are jumping at it. World socialism. U.N. control. Redistribution of wealth. Obama as President to facilitate it all. An electorate in this country that is manipulated by the media, panicked, asleep at the wheel, loaded with too many third world immigrants that have no sense of the history of our country and the freedoms it was founded on, as they come from socialist countries and are used to it. And too many people looking for a handout. If Obama were to win, everything the U.N. wants, the U.N. will get. Especially if there is a veto proof Dem Congress. Then we can watch the slow downward spiral of our nation, the Fall of the American Empire.
There is another sinister virus which might erupt from somewhere deep in the spinal cord of the Obama administration. Depending on how far left Obama really is, depending on how dedicated he is to the destruction of the United States as an effective nationstate and as a bulwark against pan nationalism represented by the United Nations, we might very well see the undermining of American sovereignty through a series of treaties which not only restrict domestic constitutional liberties but also severely curtail the sovereign independence of the nation. These will probably include treaties about global warming, international finance now that we are in the throes of an international financial crisis, arms control, and a world tax to fund the United Nations and to wage international wars on poverty. We might well see the explicit submission of American jurisprudence to international courts not limited to international crimes, human rights violations, but to all manner of justicible controversies. Again, this list is not meant to be exhaustive.
Theyre poor because of the poor decisions they made.
or their govt’s
Um....Barney Frank and friends did this through the 1990s for housing. Someone remind me what just happened this year.
Global warming didn't work. Guess this is the next crisis (albeit legitimate crisis, but the proposed actions are not).
Baying 2 the-Moon needs to sit down and shut up.
As if this plague on the planet had a clue.
Its worse than that. It looks like Obama is already getting money illegally from this bunch in anticipation of getting lots more back. I fear articles like this are just a sign that the looters are trying to get us used to the idea of being robbed.
"A nation can survive its fools, and even the ambitious.
But it cannot survive treason from within.
An enemy at the gates is less formidable,
for he is known and carries his banner openly.
But the traitor moves amongst those within the gate freely,
his sly whispers rustling through all the alleys,
heard in the very halls of government itself.
For the traitor appears not a traitor;
he speaks in accents familiar to his victims,
and he wears their face and their arguments,
he appeals to the baseness that lies deep in the hearts of all men.
He rots the soul of a nation,
he works secretly and unknown in the night to undermine the pillars of the city,
he infects the body politic so that it can no longer resist.
A murderer is less to be feared."
-- Marcus Tullius Cicero
After hearing all of this I asked the tour guide where all of the money comes to run such an immense operation like the U.N. She went on to state that “contributions” are based on the individual GDPs of each member country. I then went on to ask who “contributes” the most. She grudgingly said: “the United States.”
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