THE UNITED NATION'S PLAN FOR GLOBAL SOCIALIST RULE
February 10, 2006
At the World Economic Forum in Davos, Switzerland, last month, the United Nations Development Program promoted its plan to institute a global socialist economic system, says Henry Lamb, executive vice president of the Environmental Conservation Organization (ECO), and chairman of Sovereignty International. The plan is detailed in a book entitled "The New Public Finance: Responding to Global Challenges," published by Oxford University Press.
The U.N. plan identifies seven trillion dollars - that's $7,000,000,000,000 - to be taken from developed nations for use by the U.N. to solve all the world's problems, says Lamb.
- The plan would impose the "Tobin Tax," a global tax on foreign currency exchange, with an estimated yield of $2.9 trillion.
- A global pollution permit trading scheme would produce another $3.64 trillion in revenue, according to the U.N.
This is a glorified version of the emissions trading scheme envisioned in the Kyoto Protocol, says Lamb. Here is a simplified example of how such a scheme would work:
- The U.N. would establish arbitrary limits on the quantity of pollution each nation could produce.
- If a nation exceeded the limit, it would have to pay substantial penalties or, the polluting nation could purchase "credits" from developing nations that produce less pollution than allowed by the U.N.
- Either way, money from developed nations is redistributed to developing nations - through the U.N.
The U.N. claims that another $2.9 trillion could be realized for developing countries by reducing their borrowing costs, and another $600 billion by linking loan repayments to their economic output. The plan also recommends the creation of a "Chapter 11 bankruptcy" procedure for nations, overseen by the U.N., says Lamb.
Even a cursory reading of "Our Global Neighborhood," published by the Commission on Global Governance, or the UNDP's latest plan, can produce no other conclusion: The United Nations is, indeed, working diligently to install global, socialist rule, says Lamb.
Source: Henry Lamb, "The U.N.'s plan for global socialist rule," WorldNetDaily, February 4, 2006; and United Nations Development Program, "The New Public Finance: Responding to Global Challenges," Oxford Press, January 28, 2006.
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