Obama Revealed

ProudUSAMama · #1 (**permalink**) 02-15-2008, 07:50 AM

I guess we now know what this "change" you all want so much. Obama takes your money and gives it away.

Obama plan ships dollars overseas â€“ by the billions

forrestlayne · #2 (**permalink**) 02-15-2008, 08:07 AM

Obama’s Global Tax Proposal Up for Senate Vote

"Obama's "Global Poverty Act" (S.2433) The legislation would commit the U.S. to spending 0.7 percent of gross national product on foreign aid, which amounts to a phenomenal 13-year total of $845 billion over and above what the U.S. already spends."
"A global tax will clearly be necessary to force American taxpayers to provide the money."

AMulquin · #3 (**permalink**) 02-15-2008, 08:38 AM

Quote:

The legislation itself requires 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."

Quote:

The U.N. says that "The commitment to provide 0.7% of gross national product (GNP) as official development assistance was first made 35 years ago in a General Assembly resolution, but it has been reaffirmed repeatedly over the years, including at the 2002 global Financing for Development conference in Monterrey, Mexico.

So as I understand, the bill would require the president to come up with a plan to meet the Millineum Developement Goal(?).
It appears we are commited for another 7 years.

forrestlayne · #4 (**permalink**) 02-15-2008, 09:59 AM

Quote:

Originally Posted by AMulquin

So as I understand, the bill would require the president to come up with a plan to meet the Millineum Developement Goal(?).
It appears we are commited for another 7 years.

When it becomes a law the American government will be committed to paying additional Billions of dollars for at least the next 7 years (until 2015).
The problem I have is excatly where is all of this money coming from to give away.

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