IMF chief calls for quota-based global warming slush fund
Monday, March 8th, 2010
This is the Soros plan. And of course, the IMF will happily operate this immense capital pool. Really nothing to do with global warming, of course, that’s just the pretext. It’s unlikely the money will even ever go towards ‘fixing’ the environment, as though a tax could ever accomplish this in the first place. Remember how the American banks simply appropriated the bailout funds and put them towards buying up and merging with their smaller competitors? It’s outright theft. And the end that these globalizing institutions have in sight is the creation of a new layer of global governance, with centralized taxation and currency control headed up by the IMF and the World Bank. It doesn’t seem as though they particularly care how they get the funding for this – recent months have seen separate proposals for a ‘Tobin tax’ on all financial transactions at Copenhagen and elsewhere, a global bank insurance levy, and now this idea of a direct ‘IMF tax’ on the GDP of nations. Ever since Copenhagen fell through (in large part because African states could see the proposed economic colonization a mile away, and they didn’t want to go that route), the globalist clique has backed off for a while, but now the renewed push is on to get the international community to capitulate, and there is an implicit threat involved now. Hand over power, or more countries fall. (Economist Max Keiser has exposed how Iceland was taken down by derivatives (skip to the second video), and it’s all over the news how Goldman Sachs wrecked Greece.)
Flashback: EU considers general carbon tax | Leaked UN Documents Reveal Plan For “Green World Order” By 2012 | Davos: Global climate fund threatens aid to developing world, campaigner warns | Davos 2010: George Soros warns gold is now the ‘ultimate bubble’, calls for IMF to handle climate fund | Copenhagen Accord Establishes Global Government Framework | Canada part of Copenhagen climate deal | Final Copenhagen Text Includes Global Transaction Tax | World leaders push for climate deal | UN Chief: We Will Impose Global Governance | Copenhagen climate summit releases draft final text | IMF could fund climate adaptation: Soros | Copenhagen climate summit in disarray after ‘Danish text’ leak | Bombshell UN Climate Documents Reveal Planned “End Run” Around National Sovereignty | Canada agrees to contribute to $10-billion climate change fund | UK: Brown proposes global fund to kick-start Copenhagen climate change process | Leaked G20 Documents Shed Light on Global Carbon Tax | Everyone in Britain could be given a personal ‘carbon allowance’ | Czech President: Copenhagen to be ‘Largest tax increase in world history’ | Friends of the Earth attacks carbon trading as banker scam | Oil Companies Support Global Warming Alarmists, Not Skeptics | Al Gore’s Inconvenient Truth sequel stresses spiritual argument on climate, downgrades CO2 threat | EU agrees to pay developing countries ‘climate aid’ to pass Copenhagen | Copenhagen’s Plans for a New ‘Government’ are Scary | Copenhagen, carbon, and the global corporate agenda | Lord Nicholas Stern: The world’s future is being decided this weekend | Thatcher science adviser: Copenhagen goal is world government | German Scientists Call for ‘World Climate Bank’ | G8 Summit: Rich nations to pay green tab | US Congress Passes the 1,200-page Climate Bill that it was not allowed to read | Climate Cops To Fine “Wasteful” Homeowners & Businesses | Obama targets US public with call for climate action | Obama to stake reputation on fast-tracked climate bill | The great carbon credit con: Why are we paying the Third World to poison its environment? | Ontario unveils cap-and-trade legislation | Economic stabilization may rely on carbon economy, economist says | Climate panel presses for federal cap-and-trade system | NRTEE Carbon Market Panel is ‘Round Table on Socialist Planning’ | Obama, Gore, tied to Chicago carbon exchange | U.N. ‘Climate Change’ Plan Would Likely Shift Trillions to Form New World Economy | U.N. Environment Head Wants Global Warming Tax | Time to emulate Roosevelt’s New Deal and create green jobs | EU calls for global carbon trading system to fight climate change
The Associated Press
March 8, 2010
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| Kenya’s Prime Minister Raila Odinga, left, and International Monetary Fund Managing Director Dominique Strauss-Kahn, right, take part in a panel discussion at the University of Nairobi in Nairobi, Kenya, Monday, March 8, 2010.(AP Photo/Khalil Senosi) |
NAIROBI, Kenya (AP) — The head of the International Monetary Fund on Monday proposed a plan for the world’s governments to pool together to raise money needed to adapt to climate change, a rare step for an organization that normally does not develop environmental policies.
IMF Managing Director Dominique Strauss-Kahn said the Fund is concerned about the huge amount of funding needed and the effect that will have on the global economy. He added that the proposal may help efforts to reach a binding agreement on climate change later this year.
Strauss-Kahn proposed that countries adopt a quota system similar to the one the Fund uses to raise its own money, which could bring in money faster than proposals to increase carbon taxes or other fundraising methods. He only provided a broad outline of the plan, as the organization will release a paper within 10 days with full details. It is unclear how the proposal will be received.
The IMF raises funds from its 185 members mainly through a quota system that is based broadly on each country’s economic size. The United States is currently the largest shareholder.
“We all know that (carbon taxes and other fundraising methods) will take time and we don’t have this time. So we need something which looks like an interim solution, which will bridge the gap between now and the time when those carbon taxes will be big enough to solve the problem,” Strauss-Kahn said. “And that is exactly what the IMF proposal is dealing with.”

The world’s economic powers appear to be moving closer to a global bank tax in response to last year’s crisis, Gordon Brown suggested today.
The prospects of a global tax on financial transactions were receding fast this weekend amid signs that countries were swinging behind an alternative plan to impose an insurance levy on banks.
Bankers stood shoulder-to-shoulder at the Swiss ski resort of 
COPENHAGEN–If the talks that resulted in an imperfect deal to combat global warming provided anything here, it was a glimpse into a new world order in which global diplomacy will increasingly be shaped by the United States and emerging powers, most notably China.
The head of the International Monetary Fund has once again called for a new global currency to replace the Dollar, adding that the momentum to instigate such a system is fading.
In
Chancellor Angela Merkel today called for the establishment of a “new global order” in remarks marking the 20th anniversary of the fall of the Berlin Wall.
Researcher and author Daniel Estulin, best known for his exposé of the ultra secretive Bilderberg Group, says inside sources have informed him that the core focus of the G20 meeting this weekend will be to discuss ditching the Dollar and implementing a global centralized monetary system.