Iranian President Mahmoud Ahmadinejad is in Istanbul for a conference put together by the United Nations called “the Fourth United Nations Conference on the Least Developed Countries.” No, it’s not a discussion on how to grow the economies of the world’s poorest countries by opening up trade and encouraging entrepreneurship. It’s a chance for people like Ahmadinejad to cast blame at wealthy countries and accuse them of getting rich by taking their money from the poor. (No one has ever accused Ahmadinejad of having a grasp of basic economics.) So how do we fix things?
We need “an organization, with full authority, made up of members from countries that are independent of the capitalist system” to “closely supervise the central banks and treasuries of the expansionist countries.” In other words, Iran, Venezuela, Benin, and others should guide the western world’s monetary and budgetary policies.
The UN should establish “an independent committee” to “estimate the damage inflicted during the era of colonialism and slavery and those who inflicted the damage should pay these countries.”
Ten percent of the U.S. military budget (and of other wealthy countries) “should be allocated to the least developed countries.”
Oh, and the Iranian President also wants “all countries and nations” to be “standing firm on justice, [and] serving the people.” Something that he obviously does so well back in Tehran.
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