Ted Turner Delivers on Promise of $1 Billion to UN
He never fulfilled his promise to squish Fox News "like a bug," but Ted Turner has finally delivered up the $1 billion he promised to the UN. Already, the international racketeering organization has burned through $600 million of it.
The United Nations Foundation, created by media mogul Ted Turner, has donated $1 billion to U.N. projects over the past nine years, U.N. Secretary-General Kofi Annan said on Tuesday.Some of the money was spent on propaganda inside the United States to improve the reputation of the UN in the US. Otherwise known as CNN.
Turner, the founder of the CNN television network, himself donated $1 billion and his foundation raised millions from other corporations, governments and charities.
Some $600 million of Turner's original $1 billion has been spent and the remaining $400 million would be used to leverage another $1 billion in support of the United Nations in the coming years, the foundation said.
Projects have focused on the environment, women, children, health, peace, human rights and promoting the United Nations in the United States.
Quite a laundry list of items, although it's probably to everyone's benefit that nothing has been accomplished in any of these areas.
Head mob boss of the UN, Kofi Annan, says other businessmen should follow Ted Turner's example. Your money may disintegrate inside the UN bureaucracy, but at least you'll earn points with the mainstream media.
"Ted's act was perhaps most important for the message it sent to his fellow Americans, his fellow businessmen and women, and to the world," Annan said in remarks prepared for the annual U.N. Association-USA dinner where Turner nine years ago announced his $1 billion donation to U.N. causes.
"Here was an iconic businessman standing up for the United Nations, and saying to the world that the U.N. and its work were worthy of support," Annan said.
Former U.S. Sen. Timothy Wirth, president of the U.N. Foundation, said the group had received donations from such companies and charities as the American Red Cross, Coca-Cola, Expedia, Nike, Rotary International and Vodafone.