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You are here: MacNN Forums > Community > MacNN Lounge > Political/War Lounge > What`s your take on Obama`s $845 BILLION Global Poverty Act?

What`s your take on Obama`s $845 BILLION Global Poverty Act?
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johnwk
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Join Date: Aug 2005
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Sep 21, 2008, 11:42 PM
 
.

The bill would require our president "to develop and implement a comprehensive strategy to further the U.S. foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day."

The bill would commit U.S. taxpayers to spend 0.7% of our gross domestic product on foreign handouts above what we already contribute around the globe.

NOTE:
This figure of 0.7% was codifed in a United Nations General Assembly Resolution and states:

In recognition of the special importance of the role which can be fulfilled only by official development assistance, a major part of financial resource transfers to the developing countries should be provided in the form of official development assistance. Each economically advanced country will progressively increase its official development assistance to the developing countries and will exert its best efforts to reach a minimum net amount of 0.7 per cent of its gross national product at market prices by the middle of the Decade

But the real frightening part of the bill is its "Millennium Development Goal" which is also mentioned in a declaration adopted by the United Nations Millennium Assembly and Summit in 2000 that called for the "eradication of poverty" by "redistribution (of) wealth and land," cancellation of "the debts of developing countries" and "a fair distribution of the earth's resources" i.e. from each [meaning the U.S. Taxpayer] according to their means, to each [meaning the rest of the world] according to their needs.

Keep in mind this is Obama’s plan, and it would enslave the American Taxpayer to third world nations, and it is also supported by his running mate Biden! Do we really want these World Class Marxists in charge of our government?

Calendar No. 718
110th CONGRESS
2d Session
S. 2433


[Report No. 110-331]
To require the President to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day.


IN THE SENATE OF THE UNITED STATES

December 7, 2007


Mr. OBAMA(for himself, Mr. HAGEL, and Ms. CANTWELL, Mrs. FEINSTEIN, Mr. LUGAR, Mr. DURBIN, Mr. MENENDEZ,Mr. BIDEN, Mr. DODD, Mr. FEINGOLD, Ms. SNOWE, Mrs. MURRAY, Mr. HARKIN, Mr. JOHNSON, Mr. SMITH, and Mr. KERRY) introduced the following bill; which was read twice and referred to the Committee on Foreign Relations (View The Full Text Here)
WAKE UP AMERICA! This is not the change we want.

JWK



If we can make 51 percent of America’s population dependent upon a federal government check, we can then buy their vote, keep ourselves in power and keep the remaining portion of America’s working population enslaved to pay the bills ____ our Marxist Democrat Party’s game plan, a plan to establish a federal plantation on American soil and send its wealth abroad.
     
tie
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Sep 21, 2008, 11:47 PM
 
Do you read your own posts? It has nothing to do with the title of your thread, which seems to be a figment of your vivid imagination. What's your take on the $1 TRILLION (that's $1,000 billion) global welfare-for-the-rich act?

Foreign Banks Hope Bailout Will Be Global
The 4 o'clock train will be a bus.
It will depart at 20 minutes to 5.
     
   
 
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