Obama Supports Global Warming Deal That Demands America Transfer Wealth To ‘Developing’ Countries

Obama Supports Global Warming Deal That Demands America Transfer Wealth To ‘Developing’ Countries

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Our Progressive President is at it again; trying to give away as much of our nonexistent money (19 Trillion in debt anyone?) as he can. Socialism apparently never sleeps, and in this case, knows no borders. What do you think of his money grab?

The draft of the international agreement to deal with climate change, which is being considered today in Paris by representatives from 195 countries, calls for the developed nations of the world (which include the United States) to transfer wealth to developing nations, including through “public funds.”

“Developed country Parties shall provide financial resources to assist developing country Parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention,” says Article 9 of the draft agreement.

“As part of a global effort, developed country Parties should continue to take the lead in mobilizing climate finance from a wide variety of sources, instruments and channels, noting the significant role of public funds,” says the draft.

The draft agreement sets a goal for developed countries to dole out at least $100 billion per year by 2020.

The agreement at one point says: “Resolves to enhance the provision of urgent and adequate finance, technology and capacity-building support by developed country Parties in order to enhance the level of ambition of pre-2020 action by Parties, and in this regard strongly urges developed country Parties to scale up their level of financial support, with a concrete roadmap to achieve the goal of jointly providing USD 100 billion annually by 2020 for mitigation and adaptation while significantly increasing adaptation finance from current levels and to further provide appropriate technology and capacity-building support.”

The text of Article 9 of the agreement states, in part:

Article 9

1. Developed country Parties shall provide financial resources to assist developing country Parties with respect to both mitigation and adaptation in continuation of their existing obligations under the Convention.

The President’s disrespect for our nation continues unabated. When he forcibly takes from the producers and punishes them for achievement, that brings everyone down. It also removes incentive from those who are getting the money. And sooner or later, he will run out of OPM, other people’s money. Our economy can’t take much more from Obama. It’s time for someone who understands America to be in the White House.

Sonja Bochow

Sonja Bochow

I live in Newark, DE, am married, and the mother of four children; Liam, Brenna, Keira and Erin. I am also a full time Bible teacher and have a Bachelor of Arts in Communication from West Chester University.

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