The Reasoned Review

Just another WordPress.com weblog

Climate and the Bailout

leave a comment »

Hillary Clinton announced a $100 billion fund to help “developing” countries cope with the effects of climate change at Copenhagen today. The EU had already promised $200 billion for the same purpose, and I suppose the US was shamed into throwing its own symbolic dime into the hat.

So, for the record: the US will spend upwards of $2,000 billion bailing out its banks and another $3,000 billion prosecuting its murderous rampage in Iraq, Afghanistan and Pakistan. But to help poor countries suffering from the effects of climate change (of which the US stands as the primary culprit), only $100 billion can be found.

Astonishing.

Advertisements

Written by pavanvan

December 17, 2009 at 6:52 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: