Wouldn’t it be nice if the folks we sent to negotiate with the United Nations had the interests of the American people at heart? But no, President Obama is more interested in appeasing the rest of the world and his environmentalist friends at our expense. Rumor has it he’s planning to do a little more than bow before the UN when it comes to a global climate fund.
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 Center for a Constructive Alternative (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.”
Read the whole thing, it looks like Obama’s ready to skirt Congress again. Remember this the next time you hear him harping on about job creation. He’s a job destroyer.