Saturday, October 18, 2008

Obama's Global Poverty Act

Joe the Plumber is rightly concerned about Obama's tax plans and his fanciful "95% tax cuts". What the media seems to be ignoring- among numerous other points concerning Obama- are his plans not just to tax Americans to spread the wealth around (this in addition to his plans to tax you to pay for his massively expanded government - health care, his army of Brownshirts volunteers, etc) but also to pay to fight poverty around the globe.

Yep, you heard it right. Obama not only wants your money because it isn't fair that you have more cash than someone else, he wants it to pay for the numerous promises he's made on the campain trail and he also wants to divert cash from your pocket to foreigners. And the scary thing is that this last plan has already begun to be put into effect.

A plan by Barack Obama to redistribute American wealth on a global level is moving forward in the Senate...if the Global Poverty Act (S. 2433) he has sponsored becomes law, which is almost certain if he wins in November, we're also going to be taxpayers of the world.

I'm going to quote a fair bit from the IBD article because this is such a far-reaching plan that I'm astonished McCain and Palin haven't been spreading the word about this. I wonder how many American voters are aware of Obama's plan?

A statement from Obama's office says: "With billions of people living on just dollars a day around the world, global poverty remains one of the greatest challenges and tragedies the international community faces. It must be a priority of American foreign policy to commit to eliminating extreme poverty and ensuring every child has food, shelter and clean drinking water."

It calls for the "eradication of poverty" in part through the "redistribution (of) wealth of land" and "a fair distribution of the earth's resources." In other words: American resources.

Why hasn't McCain hit Obama on this during the debates? It seems beyond belief that at a time when the US economy is hurting and people are struggling, McCain and Palin aren't telling voters that they're going to be hurting a whole lot more if Obama gets into the White House. And unlike some other topics that the Democrat can weasel his way out of, this is legislation he has actually sponsored. Personally, I think this could be a key platform of attack for the GOP.

Obama's bill would force U.S. taxpayers to fork over 0.7% of our gross domestic product every year to fund a global war on poverty, spending well above the $16.3 billion in global poverty aid the U.S. already spends.

Over a 13-year period, from 2002, when the U.N.'s Financing for Development Conference was held, to the target year of 2015, when the U.S is expected to meet its part of the U.N. Millennium goals, we would be spending an additional $65 billion annually for a total of $845 billion.

During a time of economic uncertainty, the plan would cost every American taxpayer around $2,500.

And yet most Americans probably aren't aware that this is even under consideration.

1 comment:

Blly Budd said...

Trickle Up Poverty