Obama Backs UN Climate Tax On U.S. Currency Transactions

Discussion in 'Politics' started by pspr, Dec 5, 2011.

  1. pspr

    pspr

    I guess Obama didn't get the word that Man Made Global Warmig is a scam. But then, he never met a tax he didn't like (even though he says otherwise).

    President Obama's team of negotiators at the United Nations Climate Change Conference may agree to a tax on foreign currency transactions, designed to pay for a "Green Climate Fund," that would fall disproportionately on American travellers and businesses, according to a group attending the conference that is skeptical of the UN position on global warming.

    Negotiators at the conference are considering "a new tax on every foreign currency transaction in the world," according to the Committee for a Constructive Tomorrow (CFACT). "Every time you travel abroad, you'll have to pay a climate tax," explains CFACT, the group that released the "Climategate" emails. "More importantly, every time we import goods, every time we export our fine products (think jobs) we will do so with a climate tax skimming off the top."

    European countries would evade much of the tax burden, however, because "transactions within the Eurozone won't have to pay this new tax."........


    http://campaign2012.washingtonexami...rt-un-tax-americans-green-climate-fund/237466
     
  2. This probably makes Deranged Rover love his inflatable Obama boyfriend even more.
     
  3. Lucrum

    Lucrum

    Deranged Rover isn't going to be affected by transaction taxes.
     
  4. Ricter

    Ricter

    "Climate" is in this case being used as a sugarcoating for the tax. The real purpose of the tax is to pay for the free trade agreements the US is signing.