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Archive for November 6th, 2010

The old saying that “two wrongs don’t make a right” is especially true in the field of public policy. A good example is the crazy new proposal from the United Nations to collect billions of dollars by imposing global taxes on financial transactions and energy. That’s bad enough, but the international bureaucracy wants to impose these taxes in order to bribe developing nations into agreeing to cripple their economies with policies designed to fight global warming. So people in the real world would pay more money to support a misguided scheme, while a bunch of tax-free bureaucrats get more power. This is so absurd that even the Obama Administration is opposed – at least according to this Bloomberg story.

At least $65 billion might be raised by taxing foreign-exchange transactions and auctioning pollution permits, a United Nations panel said today in a report recommending ways to finance aid for fighting global warming. The panel, which includes billionaire investor George Soros and Larry Summers, director of President Barack Obama’s National Economic Council, said selling carbon-emissions permits would generate $38 billion and a financial transactions tax an additional $27 billion, according to the report released today. The findings are intended to guide envoys at UN climate talks that start this month in Mexico as they seek ways to pay for $100 billion in climate aid that was pledged by 2020 to poor nations at last year’s summit in Copenhagen. The report found that the goal is “challenging but feasible” to achieve. …Former U.K. Prime Minister Gordon Brown, French President Nicolas Sarkozy and labor groups including the U.K. Trades Union Congress have supported the idea. President Barack Obama’s administration opposes it. A tax of 0.05 percent on financial transactions may raise as much as $700 billion a year, according to WWF, a Washington-based global environmental activist group.

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At a recent speech in Atlanta, a somewhat famous former elected official made some rather blunt comments about welfare. According to a news report:

In discussing welfare, he said rules instituted by liberals to limit benefits to single mothers discouraged blacks from forming families. “Slavery didn’t break up the black families as much as liberal welfare rules,” he said.

So who was this Neanderthal? Was it Klansman/charlatan David Duke? Was it former Georgia Governor Lester Maddox, who made George Wallace seem cuddly by comparison?

None of the above. It turns out that the article was discussing comments made by Andrew Young, the former Mayor of Atlanta and Ambassador to the United Nations. He was at the Jimmy Carter Center to talk about his new book,  “Walk in My Shoes: Conversations Between a Civil Rights Legend and His Godson on the Journey Ahead.”

Setting aside my sarcasm, kudos to Young for putting concern for families before left-wing political correctness. As indicated by my previous post on welfare destroying the human spirit, luring people into dependency is a tragic example of misguided government policy (a problem that is particularly severe in certain states, particularly the Northeast). And Young is not the only one to note that African-Americans have been the biggest victims.

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