Thu
Oct 9, 2008 8:54 pm (PDT)
Obama's bill S2433 would require the U.S. to initially
direct .7 percent of our GNP into the United Nations coffers for distribution
as they see fit, for "food" to third world nations. Under earlier
agreements this would evolve into a national tax on the U.S. with the UN
attempting to levy this on all first world nations.

The U.N. would have the power to increase this rate of taxation.

The U.S. would be required to surrender some of its sovereignty over foreign
aid by putting it under UN control. The bill would force the U.S. to sign onto the
U.N.'s Millennium Declaration, which would commit us not only to "banning
small arms and light weapons" but also to adhere to the International
Criminal Court Treaty and the Kyoto Protocol.

Detailed Summary

Global Poverty Act of 2007 - Directs the President, through the Secretary of
State, to develop and implement a comprehensive strategy to further the U.S.
foreign policy objective of promoting the reduction of global poverty, the
elimination of extreme global poverty, and the achievement of the United
Nations Millennium Development Goal of reducing by one-half the proportion of
people, between 1990 and 2015, who live on less than $1 per day.

Requires the strategy to contain specific and measurable goals and to consist
of specified components, including: (1) continued investment or involvement in
existing U.S. initiatives related to international poverty reduction and trade
preference programs for developing countries; (2) improving the effectiveness
of development assistance and making available additional overall United States
assistance levels as appropriate; (3) enhancing and expanding debt relief as
appropriate; (4) mobilizing and leveraging the participation of businesses and
public-private partnerships; (5) coordinating the goal of poverty reduction
with other internationally recognized Millennium Development Goals; and (6)
integrating principles of sustainable development and entrepreneurship into
policies and programs.

Sets forth specified reporting requirements. Directs the Secretary of State to
designate a coordinator who will have primary responsibility for overseeing and
drafting the reports, as well as responsibility for helping to implement
recommendations contained in the reports.

Defines specified terms.

Status of the Legislation

Latest Major Action: 4/24/2008: Placed on Senate Legislative Calendar under
General Orders. Calendar No. 718.

More on Barack Obama's S.
2433 : Global Poverty Act
We know for a fact that this bill will cost America $845 billion above and
beyond what America already spends on global aid in the next thirteen years.
America will be locked in to giving .7 percent of the U.S. gross national
product. That in itself is scary enough, but there is way more to Obama's bill.
It also locks us into United Nations Millennium Summit. Cliff Kincaid from
Accuracy in Media is all over this bill.
He writes-(Underlined by me)

The bill institutes the United Nations Millennium Summit goals as the
benchmarks for U.S. spending.

"It is time the United States makes it a priority of our foreign policy to
meet this goal and help those who are struggling day to day," a statement
issued by supporters, including Obama, said.

Specifically, it would "declare" that the official U.S. policy is to
eliminate global poverty, that the president is "required" to
"develop and implement" a strategy to reach that goal and requires
that the U.S. efforts be "specific and measurable.
"

Kincaid said that after cutting through all of the honorable-sounding goals in
the plan, the bottom line is that the legislation would mandate the 0.7 percent
of the U.S. GNP as "official development assistance.
"

"In addition to seeking to eradicate poverty, that (U.N.) declaration
commits nations to banning 'small arms and light weapons' and ratifying a
series of treaties, including the International Criminal Court Treaty, the
Kyoto Protocol (global warming treaty), the Convention of Biological Diversity,
the Convention on the Elimination of All Forms of Discrimination Against Women
and the Convention of the Rights of the Child," he said.

Those U.N. protocols would make U.S. law on issues ranging from the 2nd
Amendment to energy usage and parental rights all subservient to United Nations
whims.

Kincaid also reported Jeffrey Sachs, who runs the "Millennium
Project," confirms a U.N. plan to force the U.S. to pay 0.7 percent of GNP
would add about $65 billion a year to what the U.S. already donates overseas.

And the only way to raise that funding, Sachs confirms, "is through a
global tax, preferably on carbon-emitting fossil fuels," Kincaid writes.

On the forum run by Americans for Legal Immigration PAC, one writer reported
estimates of taxes from 35 cents to $1 dollar a gallon on gasoline would be
needed.
(LINK)

This ladies and gentleman is the Barack Obama vision for America . WND called
Obama's office and the others who support this bill.