Posted on 03/08/2011 6:32:45 AM PST by Qbert
(CNSNews.com) – At a time when congressional Republicans are looking for ways to reduce U.S. funding to the United Nations, the Obama administration has formalized its membership in a new international body – and American taxpayers will provide more than one-fifth of its budget.
The administration on Friday deposited its instrument of acceptance to join the International Renewable Energy Agency (IRENA), State Department spokesman Philip Crowley announced.
After joining in June 2009, the U.S. now becomes the 63rd fully ratified member of IRENA, a European-inspired initiative set up in 2009 to promote renewable forms of energy such as wind and solar power.
Although IRENA is not currently a U.N. agency, becoming one is a goal for some of its proponents, and members’ contributions are calculated according to the same formula used to fund the U.N. The U.S. therefore will provide 22 percent of IRENA’s budget. In its fiscal 2012 budget request for international programs, the administration has asked for $5.2 million for IRENA.
When the U.S. first announced it was joining the agency in June 2009, Secretary of State Hillary Clinton called the decision to participate “an important element of the administration’s effort to support clean energy technologies and the development of low carbon economies to address global climate change.”
(Excerpt) Read more at cnsnews.com ...
Ok, that’s it.
Now I’m pissed.
AAAAAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGGGGGGGGGGGGGGGHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
AND AMERICAN TAXPAYERS WILL PROVIDE MORE THAN ONE-FIFTH OF IT’S BUDGET!!!!!!!!!!!!!!!!
Is this why the Treasury transferred BILLIONS of cash in FEB?
See article:
http://www.freerepublic.com/focus/f-news/2685210/posts
Why should he care, it is not his money. He could not run a popcorn stand even if he had to.
Though this is news to me, I'm not shocked at all.
However, I'd be interested in knowing if the House GOP has/will include it in its version of the budget.
GD it TH. @#$@#@$$ @#$^^&$#@!!!
And you just know they’re going to massively increase the size of their budgets going forward- funded by us.
Disgusting
Subtract any money we give this crowd of shysters, from money extorted from us by the UN
5.2 million won’t buy a decent right fielder.
All based on false science. Has nothing to do with anything but redistribution of wealth to the world. Particularly a certain country.
Can the House zero out funding for this, or are there too many windmill startups in Republican districts?
Doesn’t the Constitution say that the House of Representatives is in charge of the spending of taxpayer money? So is BO giving 5 million of his own money for this one-world government scheme, or is he illegally obligating the US taxpayer for another UN boondoggle? We all know the answer to that question, but the bigger question is, why aren’t the “conservatives” in the House screaming about this theft from our empty Treasury?
Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.......
We don’t have to pay this money if the House won’t fund it. I hope they are keeping track of all this stuff.
PHOOOOOCK
Easy money tough on the wallet
STEVE HUNTLEY
Last Modified: Mar 8, 2011 02:07AM
Occasionally I have an errand that takes me close to Lake County, and I try to make sure I do it when my car’s fuel gauge is low so I can fill up on cheaper gas there. A store we patronize advised my wife the other day that if she wanted to buy bacon on sale she had better get there when the store opens. Spiking oil prices are working their misery again.
The revolt in Libya is the most immediate cause of the sharp climb in petroleum costs, north of $100 a barrel these days. Still, prices were already trending upward before the surprising events in the Middle East. An improving U.S. economy bumped up demand. The booming economies of China, India and other developing nations gulp up an ever larger share of the world’s oil.
Oil is a prime ingredient in growing food — the source of fertilizers as well as the fuel for tractors, combines, harvesters, trucks — and thus pushes up commodity prices.
Oil is not the only driver of higher commodity prices. Political considerations come into play. For example, the green energy push behind ethanol (which, it turns out, is not as clean as advertised) gobbles up corn fields. That accelerates the cost of corn for fuel and food.
More controversial are the easy money policies of the Federal Reserve backed by the Obama administration. Through an arcane process called quantitative easing, the Fed is flooding the economy with $900 billion to try to nudge the nation out of its fiscal doldrums. The dollar is the world’s base currency, and cranking up the government printing presses is inflationary. Some experts, among them foreign banking officials, complain the Fed is devaluing the dollar to bolster U.S. exports with the unhappy result of spurring commodity prices, most ominously food costs for the world’s poor. One factor in the Middle East turmoil not often mentioned is rising food prices.
Fed Chairman Ben Bernanke disputes that his policies are fueling dangerous inflation.
Economists also assert that “core inflation” remains low. The hitch is that the core inflation index excludes food and energy prices but includes housing. That puts American families in a tight spot — they’re paying more for the necessities of daily life while the biggest single investment for most of them, their homes, has declined since the 2008 bust and in many areas is still falling. That’s not exactly the stagflation of the 1970s but, if anything, the misery today is worse.
Gas prices have surged nearly 34 cents in less than two weeks. Four dollars a gallon is already showing up at pumps in a few spots and is spreading. That got the White House’s attention. Bill Daley, President Obama’s chief of staff, says the administration is considering tapping the Strategic Petroleum Reserve. But that’s supposed to require a national emergency. Given the unpredictability of the Middle East, no one can rule out a situation more serious than the one now.
In any event, there’s no reason to think rising oil prices are a temporary phenomenon. A recovering economy in America and Europe will have them joining the competition with China, India and other developing countries for more oil.
The administration is dominated by people who, not without reason, think fossil fuels are bad for the environment. It has reduced or shut down new oil production off shore and on land. Rising prices have made profitable extracting oil from shale, and the Green River Formation under three states has so much shale oil it’s being called the “Persia of the West.” Green resources as an everyday solution to our voracious energy needs is decades away. The unreliability of foreign oil sources, the needs of our economy and preserving our standard of living dictate that we exploit domestic energy. Democrats got hammered at the polls last year for, among other thing, an unemployment rate of 9 percent. Just think what $4, $4.50 or, heavens forbid, $5 a gallon gasoline would portend.
http://www.suntimes.com/news/huntley/4184568-417/easy-money-tough-on-the-wallet.html?print=true
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