Congress passed a $787-billion “stimulus” bill, and a $3-billion cash-for-clunkers program that trashed perfectly good cars, and the energy and raw materials that created them. It’s halfway toward imposing nationalized healthcare that could cost taxpayers another $2.5 trillion over the next decade. Unemployment now stands at 10.2% officially, or 22% if you include people who have given up on finding a job. At this point, 25 states have borrowed $23 billion from the Federal Unemployment Trust Fund, to meet their obligations to employment-deprived workers.
Meanwhile, over in Copenhagen, the G-77 poor nations snubbed Europe’s offer of $10 billion over three years, for climate change reparation, mitigation and adaptation. “The world’s scientists and policy makers say this is the greatest risk humanity has ever faced,” G-77 chairman Lumumba Di-Aiping noted. Something closer to $1 trillion every few years would be more appropriate, he suggested.
That’s in addition to regular foreign aid – and on top of the $50 trillion in life support for corrupt dictators that the developed world has already provided to still-impoverished nations since 1950.
In response, Secretary of State Hillary Clinton dutifully pledged that the United States will importune taxpayers, private donors and other countries to raise $100 billion annually through 2020, to help poor nations cope with the “ravages” of global warming – or our current “CO2-driven” global cooling. She claims the money will be provided only if China and other major developing countries agree to binding emission targets that can be verified internationally (a condition that they have steadfastly rejected).
But of course, neither Di-Aiping nor Clinton wants to remind anyone of a few elephantine realities. This “greatest risk humanity has ever faced” is based on fraudulent claims, data, models, analyses and peer reviews. The proposed 83% reduction in CO2 emissions by 2050 would send the United States back to levels last seen in 1908 – or 1868 when population, energy use and technology changes are considered.
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