Or, "What's going on here?"
I thought Barack Obama hadn't done much in the Senate but it seems he has -- done something, at least. Something that would cause a huge change in US economics.
That something is a bill, S. 2433, that would require (not suggest or call attention to, but require) the President of the United States "to develop and implement a comprehensive strategy to further the United States foreign policy objective of promoting the reduction of global poverty, the elimination of extreme global poverty, and the achievement of the Millennium Development Goal of reducing by one-half the proportion of people worldwide, between 1990 and 2015, who live on less than $1 per day." Please notice that the concern here is not for the USA but for the entire world.
All very well and good, I'd say, EXCEPT that something like this has to come with a price to the US taxpayer. That price could be pretty steep. Like, $845 BILLION. And since the US President is the one charged with implementing it, that should come to around $8,000 per US taxed household. I don't know about you, but that kind of addition to our tax bill would come painfully close to putting me in the category of having to live on less that $1 per day.
And, since we're not talking just the US here, or SE Asia or Africa but the entire world, who's going to administer all this money. The UN? They certainly haven't proved responsible -- they still haven't totally cleared up their Food for Oil scandal.
If you think this sounds outlandish and preposterous, check it out. According to Thomas.com on 4/24/2008 the bill was placed on Senate Legislative Calendar under General Orders, Calendar No. 718. This means it can come up for a vote at any time. If Congress passes this, it's gonna cost us.