Just in time for Durban: US backs off on UN Green Climate Fund

Thanks perhaps in part to Climategate 2, it is looking less like success and more like FAIL at Durban. The US has backed off and now refuses to agree to structure and funding of the United Nations Framework Convention on Climate Change (UNFCCC) “Green Climate Fund”. Just the name alone juxtaposed with the UN makes you want to run from it.

FT.com reports:

The US is refusing to sign off on a flagship global climate fund, as already fraught negotiations intensify ahead of next week’s UN climate summit and carbon prices plummet to new lows.

It was already feared that souring economic conditions and next year’s US presidential election would make it difficult for the UN summit – which opens on Monday in Durban, South Africa – to make headway on a new global warming deal before the main provisions of the Kyoto protocol climate treaty expire at the end of 2012.

More at the FT.com

http://www.ft.com/cms/s/0/95d58012-16c2-11e1-bc1d-00144feabdc0.html#ixzz1efbLUK1h

Info on the UNFCCC “Green Climate Fund” here

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63 thoughts on “Just in time for Durban: US backs off on UN Green Climate Fund

  1. I’d lean more towards the fact that the US is 99.9% debt to GDP. Literally, the US doesn’t have the money.

  2. I am not sure but this “framework” could have some real teeth like the World Trade Organization has. That would make it a heck of a lot worse than Kyoto.

  3. Yesterday I got an email about Venezuela’s Hugo Chavez submiting a Durban proposal for a tax of 5% on all shipping to and from developed countries to fund the UNFCCC.
    Fat chance!

  4. Sorry, but I am not signing up to read their articles.
    8 articles per 30 days — wow! the generosity is overwhelming.

    If this is accurate, it will be reported in more reasonable publications.

  5. I am sure if the USA had any money it would contribute. We don’t have any spare change. In fact, it seems we don’t even have change.
    We will take all donations. Send the check to the US Treas.

    Thank you in advance.

  6. Papa Harding says:
    November 24, 2011 at 5:09 pm

    I’d lean more towards the fact that the US is 99.9% debt to GDP. Literally, the US doesn’t have the money.
    _________________________
    Yes that got their timing a bit wrong. Everything was supposed to be sign, sealed and delivered at Nopenhagen two years ago before the people in the USA/EU found out we were dead broke.

    Allegedly David Rockefeller said at the Business Council for the UN, on Sept. 14, 1994
    “This present window of opportunity, during which a truly peaceful and interdependent world order might be built, will not be open for too long – We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

    Whether he said it or not, the idea is correct. The timing has to be good or people wake-up and the opportunity is then lost. However this is but one battle in a long war and we are losing it by inches with every new law that “Harmonizes” national laws with international laws.

    Thank goodness for blogs like WUWT!

  7. Meanwhile, in the land of Oz, where money grows on trees….

    “In Cancun, Parties recognised the fast-start finance commitment undertaken by developed countries to scale up new and additional resources to a level approaching US$30 billion, for the period 2010-2012 (the ‘fast-start’ period)

    In June 2010 Australia(n govt) announced a fast-start package of A$599 million for the three years from 2010 to 2012.”
    [ http://www.climatechange.gov.au/government/international/finance.aspx ]

    BBC, 13 November, 2011:
    Only 8% of the “fast-start finance” pledged in Copenhagen, it says, has actually found its way to recipients.
    [ http://www.bbc.co.uk/news/science-environment-15698183 ]

    Wave good bye to those hard earned tax dollars… no value there or accountability.

  8. Hillary Clinton’s comments at Hopenhagen regarding the US contribution commitment were conditional. Her phrasing stated that specific actions and agreements with the developing countries would be required first.

    While the developing world does not take CAGW seriously, they do take massive handouts very seriously.

  9. so we have had nopenhagen and Cantcun now we can look forward to DUSTBIN in Durban hopefully :-)
    By the way in Australia money only grows on trees in Wayne Swan and Juliar Gillards private gardens the rest of us struggle with weeds of no value sadly.

  10. Yeah, Papa Harding. The US is broke, but that doesn’t seem to stop anyone in Washington DC from spending. I’m just wondering when the waiter will return to the US dinner table and say, “I’m sorry, but none of your credit cards are any good. You’ll either have to pay in cash or wash dishes.”

  11. handjive says (November 24, 2011 at 6:09 pm):

    “Only 8% of the “fast-start finance” pledged in Copenhagen, it says, has actually found its way to recipients.”

    I wonder which countries were stupid enough to give even 8%. Oz and the UK, probably. Groan.

  12. I’d think that the wheels of government turn far too slowly for CG 2.0 to have had any impact on the decision. This was just announcement day, the decision was made a long time ago, it just had to go through all the paperwork before it could become public.

    But there is no doubt in my mind that the current U.S. debt load had a lot of influence on that decision. There, unfortunately, is the one thing that can stop the CAGW nonsense (or whatever replaces it) from continuing. When employment is high and the economy growing, people aren’t happy about their taxes increasing, but they will put up with it, particularly if they think it is for a good cause. Ahem. “The Cause”.

    But when the kids are hungry and need new shoes and the landlord is threatening to kick you into the street because you are behind on the rent, suddenly you just don’t give a flying $$$$$ about “the cause” or ANY cause. It is all bullsh*t as far as you are concerned because every penny counts, and the pennies are far more important than the temperature in five years.

    Sad though it may be, while I think that CG 2.0 tore another giant hole in the CAGW ship, the darn think sinks slowly. Sadder still, national poverty will sink it completely long before CG 1, CG 2 and lots of really good science possibly could.

  13. Let’s hope that Donna’s book is being embraced by governments that contribute to the activist organisation which is IPCC and its boss UNFCCC, and withdrawing funding….I am sure there are a few other causes…significantly more worthy than this one!

  14. “US backs off on UN Green Climate Fund”

    Now there’s some good news.

    While he’s at it, any chance President Obama will swap out the current EPA chief for one less determined to cripple the US economy and drain everyone’s retirement fund via pointlessly overpriced energy sources?

  15. Hey Anthony. Any chance you could start a thread based on a skeptic article that has a few glaring holes in it?

    I want to see if the trolls come out of the woodwork in droves or not. I haven’t heard from my favourite ones since CG 2.0 hit, and I’m worried about them. Did their heads implode? Are they curled up in their beds sucking their thumbs? Being treated for severe depression?

    I hope they are OK. Seriously, I do. I sorta miss them (the more accomplished ones at any rate). People send you stuff all the time, there must be something in your in box that could entice them back out?

  16. Looks like Durban is pretty much down to Britain and Australia voluntarily offering to commit national suicide. Other Western countries talk big carbon, but are no longer willing to put their lives on the line.

    Remember the story about the Little Dead Hen?

    “And who will stick their heads into the oven with me?” asked the Little Dead Hen.
    The Bear said “I will.” The Dog said “I will.” The Cat said “I will.”
    So the Little Dead Hen stuck her head in the oven.
    The End.

  17. Well the wheels are falling off now.
    Even the BBC is reporting that CO2 has less of an impact on global climate than previously thought. http:// http://www.bbc.co.uk/news/science-environment-15858603
    Based on the last ice age being less cold then thought. Interesting thought that one.
    Looks like everyone from the IPCC down wants to distance themselves from the drama.
    As no one in that camp will ever say: ‘we were wrong’, the best we can hope for is these sorts of reports slowly getting people used to the fact that everything is going to being ok after all.

  18. If measuring the planet’s temperature by 1/10th, why can’t we be informed of how much tax payers paying “to save the world” to the nearest million dollar.

  19. These people with their patronizing, condescending view of the people of the world make me ill. It is as if we are people they must “take care of” somehow lest we walk ourselves into oblivion.

    Just who do these people think they are? The truth is that they have become everything they hate. They have become just the same sort they would work against. They would wish to control policy and manipulate the playing field in order that the “right” people have an advantage. They are doing the same sorts of things that the generations before them did with other issues and that those previous generations believed were just as noble a cause and they believe they are now.

    Leave us with our liberty. Allow the markets, unencumbered, to choose what is more efficient. Stop trying to be so benevolent. Stop trying to “manage” the world and just let go and allow us to manage on our own, please.

    Pomposity isn’t really a virtue.

  20. Pomposity isn’t really a virtue.>>>

    That’s because they didn’t throw enough virtues into it.

    No, wait. That was Pompei. Oh, and it wasn’t virtues it was virgins.

    Well, no difference at days end. They’ve appointed themselves the high priests and are insisting on throwing our virgins into their volcano. And our sheep, goats, cattle, cars, trucks, grocery stores, central heating, air conditioning, mines, smelters, factories….

  21. Whenever one talks of an event being a FAIL or otherwise, I think the measure of that assessment needs to be explained. If the expectation that COP17 will be the solution to all AGW actions, then of course its a fail! If the view is, however, that COP17 is a step along a process, then one needs a very much more nuanced measure of evaluation.

    CPO17 is a continuation of a negotiation, that will continue again next year and the year after.

    For myself, COP17 is about opportunities to make course corrections. From that perspective, the measure for myself is whether the course correction is *toward* that outcome I believe is a value outcome. The agreement on a fail or success then is dependent on whether we view COP as making a course correction in agreement with our own values.

  22. fredb;
    If the view is, however, that COP17 is a step along a process, then one needs a very much more nuanced measure of evaluation. >>>

    Is there an AGW problem to be solved? Read the emails fredb. They invented it. Do you know what they call a solution to a non existant problem?

    FAIL!

  23. I’m sure the likes of Buffhune and Cameron will gladly offer to make up the difference so they can be the greenest government in the world…..EVAAAAAH!!

    Sadly the well has long run dry. Buffhuhne blames runaway rising global temps….news at eleven.

  24. From “Eisenhower´s Farewell Address to the Nation,” January 17, 1961, at http://mcadams.posc.mu.edu/ike.htm :

    — “The prospect of domination of the nation´s scholars by Federal employment, project allocations, and the power of money is ever present – and is gravely to be regarded.” [Birth of junk science, and junk scientists.]

    — “Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy [global warming hoax] could itself become the captive of a scientific-technological elite.” [IPCC.]

    Defund all “Green Economy” companies, IPCC, and all of their subsidies, as well.

    SAY NO TO GLOBAL WARMING HOAX
    SAY NO TO JUNK SCIENCE

  25. We may yet be in big trouble in 2012 when it comes to carbon and AGW, according to RealClearpolitics the DEMS are winning the generic ballot for congress :-(. If repubs don’t get senate, and lose the house…. Lisa Jackson keeps her job, carbon pricing on power plants goes into effect, XL pipeline doesn’t get build, coal plants will be history…. middle class GONE.

  26. I live 30 minutes south of Durban, and can provide a swift weather report. Almost the whole of November has been unusually wet and rather cold. Much rain yesterday, as many Delegates must have been arriving. Cold and miserable today, with no sun. If these folk are counting on good beach weather to get a tan, it seems they might just be disappointed! As they say around here: “Ag, shame”.

    Geoff Alder

  27. Pete if this is true, then there goes their Christmas bonus. I mean those stupid enough to invest in them, although others have been conned into it, and look as if their investments will not flourish as expected. The BBC has been reported that they invested some of their superannuation scheme in carbon credits. Whose going to buy carbon credits from Australia, at $23 per tonne? Certainly not those who are trying to sell or buy them when the market has crashed elsewhere. Australia is stuffed and still advertising for investors in clean energy? Windmills and solar. Recall The World Bank warning in June. Carbon credits/trading are going to crash if they don’t receive more investors. And then they warned the world temps would go up 3 – 4 C before 2015.

  28. Geoff same here on the Northern Tablelands of NSW. Heavy rain, flooding, and cold too. Mind you we have experienced this before some years ago. And that year we had snow on high altitudes, on 22nd December, our summer.

  29. I live in Australia, and I am starting to feel like a big fat turkey, thrilled with my invitataion to attend a thanks-giving feast. Now that my mission is to lead “by example” the rest of you lot down the plughole, the least you can do is pretend to follow us?

  30. Our Minister for Climate Change, Greg Combet, is leading a group of 57 to Durban for the pig out. Last year in Cancun it was 42 and in Copenhagen, 114. They must know it may be the last so a few more have found it absolutely necessary to be there. Greg wants to crow about his carbon tax and how he single handedly screwed the Australian economy. May he suffer a severe case of frostbite at the conference.

  31. Good for the US.

    There has been an admission that the proposed climate change rules are nothing to do with climate change but ALL to do with the redistribution of wealth to the Developing World. Complete error because the only way to develop and retain your new found wealth is to work for it and save the proceeds. Giving the peoples of the Developing World money would be wasted. Helping them to develop in their own time and way they learn faster and become proud of their own efforts to improve. That way we all benefit.

  32. Geoff Alder says:
    November 24, 2011 at 11:24 pm
    ///////////////////////////////////////////
    Keep the weather updates coming.

    About 3 or 4 weeks ago, I posted a comment expressing hope that Durban would be unseasonally cold during the forthcoming conference. It would be ironic to see this happen.

  33. Outtheback says:

    November 24, 2011 at 8:33 pm

    Well the wheels are falling off now.
    Even the BBC is reporting that CO2 has less of an impact on global climate than previously thought. http:// http://www.bbc.co.uk/news/science-environment-15858603

    ——————————————————————————————————-
    After I read that link, I had to go check that the author wasn’t the same Jennifer Carpenter as on Dexter. Shame really, it would have put an whole new perspective on investigative journalism.

  34. Ahhh yes. The Climate Ca$h! Where would climate science and global warming policy making be without the (taxpayer-funded) Climate Ca$h?

    Here’s what our Climate Overlords Elites say about the “Green Climate Fund” (from the UNFCCC link):

    “The Fund will be governed by the Green Climate Board comprising 24 members, as well as alternate members, with equal number of members from developing and developed country Parties. The assets of the Green Climate Fund shall be administered by a trustee only for the purpose of, and in accordance with, the relevant decisions of the Green Climate Fund Board. The World Bank was invited by the COP to serve as the interim trustee of the Green Climate Fund, subject to a review three years after operationalization of the Fund. The COP also decided that an independent secretariat shall support the operations of the Fund.”

    So there you have it! A big wad of Climate Ca$h to be administered by 24 unaccountable U.N. board members and The World Bank! What could possibly go wrong?

  35. AFP November 23, 2011 (bold added):

    EU demands right to dictate national budgets

    The EU has rules on annual deficits and cumulative debts but these have been trampled over for years by its governments.

    This time, the Commission wants the power to send inspectors in to finance ministries around Europe, and demand changes it believes better meet the needs of the common good before funds are legally allocated.

    And what qualifies more as a need of the common good than saving everyone from the catastrophic ravages of unregulated unauthorized climate change that threatens the entire planet?

    Don’t worry. No matter what, Brussels will see to it the partially-sovereign interdependent client states of the EU will all contribute their fair share. Money for windmills or decorative sun-catchers on EU lands, or to send off to some territorial entity with UN membership where someone with a WWF/Greenpeace connection will promise to eventually cut or absorb carbon emissions in return for hard currency now (preferably something better than Euros, like Yuans)… Brussels will make sure the common good is served.

  36. @ Ecotretas,

    Nice find… here is a bit of recent history regarding carbon markets. I used your link as the grand finale…

    Flashback:

    Death of a carbon salesman: Chicago Climate Exchange

    http://wattsupwiththat.com/2011/08/09/death-of-a-carbon-salesman-chicago-climate-exchange/

    [snip]

    CHICAGO—IntercontinentalExchange Inc. told traders Friday that it would shut down its U.S. emissions derivatives platform, a year after acquiring its parent only to suffer sparse trading as the prospects of a federal carbon-reduction plan remain dim.

    The money-losing Chicago Climate Futures Exchange venture will continue operating through the first quarter of 2012 before closing, exchange officials said in a notice. ICE will then list over-the-counter emissions contracts mirroring products listed on the platform.

    Then this…

    http://www.environmentalleader.com/2011/08/09/ice-adds-21-emissions-contracts-to-replace-futures-exchange/

    ICE Adds 21 Emissions Contracts to Replace Futures Exchange

    [snip]

    Intercontinental Exchange has announced plans to launch 21 over-the-counter North American emissions contracts.

    The announcement follows on the heels of news that ICE will shut its emissions derivatives trading platform, Chicago Climate Futures Exchange, by the end of Q1 2012.

    The new contracts will mirror products to be lost when the futures exchange closes, the Wall Street Journal reported. New products include derivatives linked to emissions reductions plans in California, Massachusetts, New Jersey and Connecticut, ICE said.

    Now this.

    Carbon trading in crash mode

    http://ecotretas.blogspot.com/2011/11/carbon-trading-in-crash-mode.html

  37. O frabjous day! Callooh! Callay!

    The price of UN-backed certificates of emission reductions (CER), which polluters buy to offset their output of greenhouse gases, fell on Thursday to an all-time low of €5.90, down more than 50 per cent since June. The price of European allowances (EUA) under Brussels’ six-year-old emissions tscheme also fell to a record low on Thursday, hitting €7.80, below the previous low of €8.05 set in February 2009. EUA prices have fallen 15 per cent this week.
    “We do not expect the pricing outlook to improve materially in the foreseeable future,” said Isabelle Curien at Deutsche Bank in Paris. Trevor Sikorski, at Barclays Capital in London, said: “The risks are biased to the downside.”

    http://www.ft.com/intl/cms/s/0/29f0761c-1691-11e1-be1d-00144feabdc0.html#axzz1eizKjDu2

  38. much tax payers paying “to save the world” to the nearest million dollar.

    crosspatch says:
    November 24, 2011 at 8:57 pm
    These people with their patronizing, condescending view of the people of the world make me ill. It is as if we are people they must “take care of” somehow lest we walk ourselves into oblivion.
    ————————————————————
    When did we put the hall monitors in charge?

  39. “There has been an admission that the proposed climate change rules are nothing to do with climate change but ALL to do with the redistribution of wealth to the Developing World”

    But what I would like to know, is why does this assemblage of strange bedfellows so want to give money to the Third World. (a) We’ve been doing that for years, in the shape of ‘aid’ and its yielded precious little. (b) Is it some kind of internationalist version of the usual Lefty rant, “its all soooooooooo unfair” (and somehow giving the third-worlders some of my money [with a nice little commission in passing for the Lefty ranters] makes ‘it’ more fair) (c) Is it some cunning big business thing, capitalists alarmed by the limits to growth in the advanced world, can see that the future is to sufficiently enrich the third-worlders so they have enough money to buy fridges and cars and stuff. After all capitalist growth only really exploded when the workers got well paid enough to buy the products of the factories they themselves worked in. Perhaps our post modern capitalists have figured out that giving people money to let them become consumers is as good as their working for it. And if getting money into the hands of the third worlders only requires Jones et al to produce some dodgy verbiage, well, job done, surely?

  40. davidmhoffer says:
    November 24, 2011 at 7:52 pm

    Yeah, where is R. Gates? Maybe he has convened a meeting of trolls to develop strategies that can be used against Climategate 2.0, all done in the manner of Michael Mann.

  41. Theo,Smokey,

    Gee….are my “favourite” trolls that obvious?

    Actually, I don’t think troll is the right term for either of them. Joel actually knows his physics and R.Gates is rather articulate in terms of spinning the standard responses from “the team”. Debating them both has actual value. The drive by shooters who throw off a comment or two and are never heard from again add nothing to the debate on either side. That said, there’s been a lot fewer of even those types since CG2.

    This still hasn’t hit the MSM in a big way, but it will. In the meantime, the politics of governance is in fact a closed door business. The poltiicians in power are no doubt meeting with their economic policy and science advisors, and there’s little doubt in my mind that CG2 is front and centre in a lot of discussions. The public spin that the politicians put on their decisions might mask that, but it doesn’t mean it isn’t happening.

    I suspect whatever their day jobs are, the R.Gates and Joel Shore’s of the world have been rocked by this and will be pretty quiet until the dust settles.

  42. “gbaikie says:
    November 24, 2011 at 8:56 pm

    If measuring the planet’s temperature by 1/10th, why can’t we be informed of how much tax payers paying “to save the world” to the nearest million dollar.”

    That would be way too embarrassing!!

    I calculated a billion dollars for 1/10,000 of a degree.

    See below for how I arrived at this number with respect to carbon capture.

    At the present time, humans emit about 90 million tons of greenhouse gases into the atmosphere every DAY. I DO NOT believe this to be the case, however let us assume there will be the IPCC average number of 3.000 degrees C increase in temperature due to our emissions if we do nothing. So if a billion dollars is spent to capture 1 million tons a YEAR, this amounts to a fraction of 1 in 32,850. So if nothing is done, let us assume the temperature will presumably go up 3.0000 degrees C, but if a billion dollars is spent, the temperature would go up by 2.9999 degrees. Or to put in another way, if we take the temperature of 10,000 cities now and then again in 100 years from now, 9,999 cities will have the same temperature and one city will be 1 degree C colder if a billion dollars is spent.

  43. “davidmhoffer says:
    November 24, 2011 at 7:52 pm

    Hey Anthony. Any chance you could start a thread based on a skeptic article that has a few glaring holes in it?

    I want to see if the trolls come out of the woodwork in droves or not. I haven’t heard from my favourite ones since CG 2.0 hit, and I’m worried about them. Did their heads implode? Are they curled up in their beds sucking their thumbs? Being treated for severe depression?”

    David, I think you need to take responsibility for your own actions. With your brilliant prose and thorough arguments, you demolish them and then you do not hear from them again. I assume the rapid response team sends out their best trolls to give the other perspective on extremely important issues such as climategate2.0. But when assessing their qualifications, I will assume that none were asked if they were masochistic and loved to get clobbered by davidmhoffer.
    I would suggest you write to Dr. John Abraham asking for bright and masochistic trolls on WUWT. Also let is in on that letter if you write it. I think we would all love to see it! : – )

  44. davidmhoffer says:
    November 25, 2011 at 9:33 am

    ‘Actually, I don’t think troll is the right term for either of them. Joel actually knows his physics and R.Gates is rather articulate in terms of spinning the standard responses from “the team”.’

    You know that I greatly admire your work on WUWT and thank you for doing so much to enlighten people.

    I cannot agree on Gates. Sure, he does an articulate spin on the Team. However, much of what he does amounts to extremely clever thread jacking.

  45. Theo Goodwin;
    You know that I greatly admire your work on WUWT and thank you for doing so much to enlighten people.>>>

    Carefull guys. I’m gonna get a swelled head. OK, a more swelled head :-)
    Not to mention that you (Theo) and Werner are no slouches yourselves, I’ve learned a lot from both of you.

    As for R. Gates…. I get your point, and agree, that’s exactly what he does. That’s what makes him such a usefull troll. If no one challenged him, he would score a lot of points with the casual reader who doesn’t have the in depth background that the “regulars” do. But by engaging him, drawing him out, forcing him to defend his position, his very extremely clever ploys collapse like the house of cards that they are. For the casual reader who sticks with a thread long enough to see that happen, R.Gates sounds just like the scientalarmists and I think (with my swelled head and all) that sways a lot more of the casual readers than do threads filled with no opposing opinion at all.

    Gotta find a better word than scientalarmists.
    alarmatologists?
    alarmascientists?
    warmascientists?
    warm mongers?

  46. For anyone following the run up to Durban, an excellent commentary in the National Post’s FP section:

    http://opinion.financialpost.com/2011/11/25/durban-downbeat/

    I agree with Benny Peiser’s article. He doesn’t say it this way, but the bottom line from his article is that Durban will fail, not so much because of the science, but because of the cold hard facts of the economic situation the world faces right now.

  47. Good article Davidmhoffer at 8.23 pm. I’ll post this on. Not sure if I read it here, but carbon trading has crashed. Now selling for 5 Euros a tonne.(about $3.50 in real dollars) Makes Australia’s $23 per tonne not very attractive doesn’t it? What they can’t accept including this stupid Aus.government is the clean energy, is a complete waste of time and space. With subsidies it is ruining the EU and UK. Probably part and parcel of their present economic conditions and status. A year or two ago, the yellow press International Express sold in Aus, stated the present (then labor party led by some Scot guy) stated they wouldn’t invest in the Green Bank. They had done their sums (for once) and said clean or green energy would cost far to much for the returns expected, i.e., cutting carbon emissions, and their economy couldn’t afford it. Shame the present coalition government hadn’t followed their advice, although they have suspended their Green Energy bill. Australia as usual is behind the times. Mainly because of a hung parliament, and they are working with the Greens to stay in government.

  48. “cui bono says:

    November 24, 2011 at 7:19 pm

    handjive says (November 24, 2011 at 6:09 pm):

    “Only 8% of the “fast-start finance” pledged in Copenhagen, it says, has actually found its way to recipients.”

    I wonder which countries were stupid enough to give even 8%. Oz and the UK, probably. Groan.”

    Guess that would be Norway, more money than brains in the hands of the ruling socialists.

  49. The looters and parasites will destroy all, and then they will destroy themselves, if left unchecked, because their code of morality is based on destruction, slavery and death of man.

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