Does anybody trust ANY of these organizations???
The World Bank was created, in part, to help alleviate the extreme poverty in about 10% of the world’s population. That’s 700 million people living on less than $2 a day.
The bank gets its funding from contributions made by rich nations. However, a recent decision to divert 45% of its development funds from poverty programs to climate change programs is meant more to assuage the guilt of rich nations than to help the poor climb out of poverty.
About $40 billion a year from the World Bank is now earmarked to fund climate change mitigation efforts. Naturally, with that much loose cash floating around, sticky fingers are busy “misplacing” the money, and isn’t that a darn shame?
An investigation by Oxfam of the World Bank’s finances shows that anywhere between $24 and $41 billion of “misplaced funds” has gone missing due to “poor record-keeping practices, says Oxfam.
Full article, HERE.
If it’s not the UN, it’s the WHO, and now the World Bank.
How many billions of dollars have been scraped off that SHOULD be going to help the poor and disenfranchised, but ends up in the pockets of those who are supposed to ‘administer’ the money?
A nothing will be done yet again. Oh, there will be an ‘investigation’, probably scraping off another few million, it will then drop out of the media, and nothing will be done. Again…
Bueller, Bueller???
Sigh…
Somebody back in the late 1970s commented that the best way to address global malnutrition would be to locally manufacture inexpensive refrigerators.
It would free up labor so more mothers could work. There is a strong statistical link between birthrates and the presence of a refrigerator in the house (maybe because dad can grab a sandwich and a beer if she says “not tonight”)
The cynics say that the climate cult got started on Freon because they DID NOT WANT food security for poor people.
It is a possibility worth considering. It would destroy a lot of jobs where people not only get a steady paycheck but can feel very altruistic about it.
There is a “statistical link” between umbrellas and rain, but that does not mean that umbrellas CAUSE rain.
There’s a link between firefighters and fires, but we don’t generally go around lighting the bloody things.
In other words, be very, very careful WRT assuming that correlation equals causation.. Birthrates also decrease as income (and income security) rises. People with higher incomes can afford refrigerators. Families with two incomes can afford refrigerators.
Which comes first?
Bjorn Lomberg published research on cost-effective ways to improve the world. Handing out free fridges wasn’t one of them.
This is the true purpose of the “Stop Climate Change Cult.” It has absolutely nothing to with climate. It has everything to do change – as in changing the size of (insert name of charlatan’s) bank account.
Not only the International Organizations are ripping off the tax payers but our Pentagon and other agencies of our government are as guilty as the ones you have mentioned. Look no further than the lost or misplaced funds given to Ukraine and other nations around the world. These people do not understand that charity begins first at HOME!
Let’s not pretend that any of the money ever got to the actual “poor and disenfranchised”.
they trust them because their internationalist religion requires them to make sacrifices
All- Good points, and ERJ, I ‘vaguely’ remember that…
Politicians create central banks.
Politicians set the rules under which central banks operate.
Politicians appoint the Governors of Central Banks…
…… and politicians deny responsibility for what those banks do. 😡