Saturday, January 30, 2010

French President is Pulling Out the "Big Guns" to Alleviate Extreme Poverty

In their annual meeting held each year in Davos, Switzerland, world leaders attending the World Economic Forum gathered to announce different measures their respective countries would be taking in tackling the many issues associated with global poverty.

The above video highlights French President, Nicolas Sarkozy and the different measures that he is proposing be taken to alleviate extreme poverty. Among the most extreme proposals are: the termination of property rights on pharmaceutical drugs, the implementation of a global 0.5% tax on all financial transactions, as well as the implementation of a 2% worldwide tax on property ownership - with the exception of basic habitation for the poor.

President Sarkozy pointed out that 18 million people die each year from illness, disease or other circumstances associated with poverty and that such things violate our basic human rights and should not be present in the world today.

- Tiffanie Depew

SOURCE: World Economic Forum