Tag Archives: UN

Rand Paul Says He’d Be “Happy” to Dissolve the U.N.

The United Nations is one of the most crony organizations on earth. The place is chock full of them. Like well paid diplomatic sardines in a tin. If the UN were to go away I don’t think many in this country would cry. I for one would pop a bottle of champagne.

Read More

Ambassadorships for sale?

The USA leads the world in giving ambassadorships to non-career diplomats, aka cronies. All one needs to do is bundle half a million or so for the president (any president) and boom – a sweet diplomatic post.

Read More

Economic Ignorance in High Places

The UN has just issued a report calling for a wealth tax on “billionaires” to increase foreign aid to poor countries.

The report claims the money will help the world’s poor. But empirical evidence suggests that foreign aid given to governments does not help the world’s poor. Indeed much of foreign aid ends up in the off-shore bank accounts of the crony capitalists running the poor country’s government.

Even if aid were not siphoned off by kleptocratic rulers, would they invest it more successfully than the billionaires themselves? Billionaires usually got to be billionaires by making successful investments. Successful investments create and sustain jobs. What do governments know about making successful investments? Even if they mean to focus on creating real jobs and not just on doing whatever it takes for the moment to hang on to power.

Read More