No account yet?
Subscription Options
Subscribe via RSS, or
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
The Official Site of the Dallas Mavericks
TEX Homepage News

A feed could not be found at

Stars Recent Headlines
Good News Dallas
UN Calls for Buffet-Soros Global Tax Print E-mail
by Tom McGregor    Thu, Jul 5, 2012, 04:52 PM
President Barack Obama and French Socialists appear to have captured the reins of the United Nations. On Thursday, the UN demanded nations impose international taxes to raise more than $400 billion annually. To offset cutbacks in aid by many countries amidst global economic turmoil, the UN is preparing for carbon taxes, currency transaction taxes and billionaires taxes.

Reuters news agency reports that, “the U.N. World Economic and Social Survey found the needs of developing countries were not being met, more money was needed to fight challenges like climate change and new taxes would help ‘donor countries overcome their record of broken promises.”

Fortunately, the UN has no legal authority or mechanism to enforce global taxes and could only request its 193 members to do so. The world body tends to endorse Socialist economic policies and utilizes the World Bank and International Monetary Fund to implement its measures.

According to Reuters, “some United Nations officials have made various global economic proposals such as replacing the U.S. dollar as the world’s currency with IMF Special Drawing Rights, an idea that a number of countries have been pushing.”

Sounds like the global organization is seeking to introduce a UN dollar as the world’s currency.

To read the entire article from Reuters news agency, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger

< Prev   Next >