“Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government.” - Milton Friedman
The U.N. Security Council unanimously adopted a resolution on Saturday imposing weapons-related sanctions on North Korea and condemning Pyongyang's flurry of missile tests on July 5.North Korea immediately rejected the resolution. Its U.N. Ambassador Pak Gil Yon said Pyongyang's missile development served "to keep the balance of force and preserving peace and stability in Northeast Asia."The resolution after days of haggling among council members requires all U.N. member states to stop imports and exports of any material or funds relating to the reclusive Communist nation's missile programs or weapons of mass destruction.The measure also demands North Korea "suspend all activities related to its ballistic missile program," and re-establish a moratorium on the launching of missiles.
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