The UN stock plumets and plumets

Claudia Rosett has been uncovering the story on Oil for Food for some time now. See the continuing coverage in her column at Opinion Journal. But it gets worse for the UN. Belmont Club has quite a round up. The first five links are on the sexual abuse scandal which is much wider than the Congo, and seems to stretch wherever there is peacekeeping. Next is a link to Diplomad on the corrupt nature of the UN. Diplomad concludes "It's time for the US and other serious countries (e.g., Australia, Israel) to get out of the UN." Glenn Reynolds replies, "Or to replace Kofi Annan with Vaclav Havel!" Some wonder whether the UN is fixable. Others worry that in its absence, other more pernicious leagues might fill the vacuum.