UN Plans to Seize Control of World Economies

These idiots can't run simple programs yet they want to control the World economy LOL Why are we still a member of this organization

UN unveils plan to release untapped wealth of...$7 trillion (and solve the world's problems at a stroke)
By Philip Thornton, Economics Correspondent
Published: 30 January 2006
The most potent threats to life on earth - global warming, health pandemics, poverty and armed conflict - could be ended by moves that would unlock $7 trillion - $7,000,000,000,000 (£3.9trn) - of previously untapped wealth, the United Nations claims today.
The price? An admission that the nation-state is an old-fashioned concept that has no role to play in a modern globalised world where financial markets have to be harnessed rather than simply condemned.
If its recommendations are accepted - and the authors acknowledge this could take years or even decades - it could finally force countries to face up to the fact that their public finance and growth figures conceal the vast damage their economies do to the environment.
At the heart of the proposal, unveiled at a gathering of world business leaders at the Swiss ski resort of Davos, is a push to get countries to account for the cost of failed policies, and use the money saved "up front" to avert crises before they hit. Top of the list is a challenge to the United States to join an international pollution permit trading system which, the UN claims, could deliver $3.64trn of global wealth.
It urges politicians to embrace some groundbreaking schemes put in place in the past 12 months to tackle global warning, poverty and disease, based on working with the global markets to share out the risk.
These include a pilot international finance facility (IFF) to "front load" $4bn of cash for vaccines by borrowing money against pledges of future government aid.
The scheme, which is backed by the UK, France, Italy, Spain, Sweden and the Bill and Melinda Gates Foundation, was born out of a proposal by Gordon Brown for a larger scheme to double the total aid budget to $100bn a year.
The UNDP says rich countries should build on this and go further. It proposes six schemes to harness the power of the markets:
* Reducing greenhouse gas emissions through pollution permit trading; net gain $3.64trn.
* Cutting poor countries' borrowing costs by securing the debts against the income from stable parts of their economies; net gain $2.90trn.
* Reducing government debt costs by linking payments to the country's economic output; net gain $600bn.
* An enlarged version of the vaccine scheme; net gain (including benefits of lower mortality) $47bn.
* Using the vast flow of money from migrants back to their home country to guarantee; net gain $31bn.
* Aid agencies underwriting loans to market investors to lower interest rates; net gain $22bn.