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House Prepares to Vote for
Financial Bailout of U.N.
Job Lay-offs in U.S. But None at the U.N.

March 21, 2001
Received from America's Survival, Inc.

Washington, D.C. - Despite broken promises and phony reforms, the House International Relations Committee is preparing on Wednesday, March 21, to vote to send $582 million to the United Nations. If approved by the House, the money would be immediately sent to other nations that provide troops to failed and mismanaged U.N. military operations.

"This is global welfare," stated Cliff Kincaid, president of the public policy group America's Survival. "The American people should not be fooled by talk of a U.S. 'debt' to the U.N. This is a taxpayer rip-off, pure and simple." The bailout of the world body comes at a time when the U.N. pension fund claims a positive return in 17 straight years, its assets increased more than 39 percent over the last two years, and is now worth $25 billion. "Not bad for an organization supposedly going broke," commented Kincaid.

The U.N. financial bailout, which comes at a time of massive layoffs in the U.S. and an economic slowdown, if not recession, is being promoted on the pretext that the money is "dues" owed to the U.N. by the U.S. But Rep. Roscoe Bartlett (R-Md.) has demonstrated through his "U.N. Erroneous Debt Act" that it is the U.N. which actually owes the U.S. billions of dollars for peacekeeping expenses never credited or reimbursed to the U.S. Dozens of House members have co-sponsored Bartlett's legislation and almost 200 have voted for it in the past. "If enough House members understand the nature of the U.N. 'debt' issue, said Kincaid, "this bailout could still be stopped."

The money has passed the Senate under a deal brokered by Senators Jesse Helms and Joseph Biden. The U.N. is supposed to get the money in exchange for reducing the U.S. share of the U.N. operating budget from 25 to 22 percent, and the U.S. share of the peacekeeping budget from 31 to 25 percent. However, the U.N. only allowed the U.S. share of peacekeeping to decline to 26.5 percent. "They kicked us in the teeth and we're still sending them our money," Kincaid noted. "They're laughing at us all the way to the bank."

The transfer is going forward despite the fact that the top budget analyst at the U.S. mission to the U.N., Linda Shenwick, has been out of her job for more than a year, having been fired by the Clinton-Gore Administration for telling Congress about corruption at the world body. Shenwick, who is seeking her old job back through legal action, says no significant reforms have been carried out at the U.N.

Thanks to America's Survival, Inc. ( for this action item.


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