United Nations Running Out of Money!
United Nations Running Out of Money!
10/10/2019 ~ Ann Corcoran
Starving the beast may be the best way to control it!
The Trump Administration has been signalling it would like to reassess the US commitment to the UN which amounts to 22% of the UN’s $5.4 billion annual budget.
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UN Secretary General Guterres doesn’t look happy as Trump speaks. BTW, what is he doing with his fingers?
Before I continue, don’t miss my post at RRW this morning about the latest revelation about refugee fraud within the UN—all the more reason to stop funding the United Nations!
Oh, and while you are visiting RRW, be sure to see my extensive archive on socialist UN Secretary General Antonio Guterres who was previously the UN High Commissioner for Refugees so I followed his ‘career’ for years.
From CBS:
United Nations could run out of money in a few weeks, Secretary General warns
United Nations — The United Nations is running a deficit of $230 million, Secretary General Antonio Guterres said on Monday, and may run out of money by the end of October. In a letter intended for the 37,000 employees at the UN secretariat and obtained by CBS News’ Pamela Falk, Guterres said unspecified “additional stop-gap measures” would have to be taken to ensure salaries and entitlements are paid.
“Member States have paid only 70 percent of the total amount needed for our regular budget operations in 2019. This translates into a cash shortage of $230 million at the end of September. We run the risk of depleting our backup liquidity reserves by the end of the month,” he wrote.
Gasp! Cutting travel and meetings might be necessary to save them money! And, they might have to take measures to save energy! Isn’t the leading global warming proponent in the world already taking all necessary measures to save energy?
To cut costs, Guterres mentioned postponing conferences and meetings and reducing services, while also restricting official travel to only essential activities and taking measures to save energy.
Although 129 States out of 193 have now paid their regular annual dues, the most recent being Syria, UN Spokesperson Stéphane Dujarric told correspondents at the regular briefing in New York, others needed to pay “urgently and in full”.
[….]
Guterres had asked member states earlier this year to up contributions to the world body to head off cash flow problems, but they refused, a UN official told French news agency AFP on condition of anonymity.
The US is paying almost one quarter of the UN’s entire budget!
Not including what it pays for peacekeeping operations, the UN’s operating budget for 2018-2019 is close to $5.4 billion, with the United States contributing the largest share at 22 percent.
Continue reading here.
Looking for something to do? Contact the White House (link in right hand side bar here at ‘Frauds and Crooks’). Tell the President that the time is right to begin cutting the UN’s ties to our treasury!
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