Friday, December 11, 2009

The new socialism


By Charles Krauthammer | Friday, December 11, 2009

In the 1970s and early '80s, having seized control of the U.N. apparatus (by power of numbers), Third World countries decided to cash in. OPEC was pulling off the greatest wealth transfer from rich to poor in history. Why not them? So in grand U.N. declarations and conferences, they began calling for a "New International Economic Order." The NIEO's essential demand was simple: to transfer fantastic chunks of wealth from the industrialized West to the Third World.

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