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Under the Obama plan, the “cap and trade” credits will be issued to all producers of energy. GE is the largest manufacturer of wind turbines as well as other electical generation turbines used in coal, gas, atomic, and hydroelectic electricity generation facilities. With the Obama plan, those cap and trade credits would be issued by the Federal Government, and ultimately, traded just like any stock or bond. GE has apparently, created and entire unit with the Corporation that would deal in the Secondary Market trading these credits. First, they are going to take in billions of dollars from government contracts in wind energy. Second, they perhaps are going to have exclusive control over the secondary market for these cap and trade credits. That, in effect, puts GE in the catbirds seat for all energy produced in this nation as ALL “carbon emission” energy sourced are going to be subject to these carbon schemes. This includes ANY oil related, natural gas related, gasoline, diesel, and any other manufacturer that uses any petro-based component. That means every single plastic container, every car, every chemical fertilizer, every pesticide, every single thing you use will be subject to this scheme as it too, is made from a carbon based material.
Originally posted by spec_ops_wannabe
Maybe this NWO plot isn't quite as socialist as some people think. I am starting to wonder if it is more of a corporate takeover perhaps?
General Electric takes the cake as the main corporation to come out of this economic mess with the power needed, so the government begins selling government services and public responsibilities to private ownership by corporations like GE?