posted on Jun, 17 2010 @ 10:26 PM
Cap and Trade legislation is a fraud perpetrated on the American people and global warming is a fraud.
Global warming is a scam everyone keeps talking about CO2 emissions and curbing them to save the planet. Nothing could be further from the truth.
Global warming is nothing more then a scare tactic to set up the largest money scam in world history. This is all about the money and as they say want
to find out whats going on follow the money. So lets get started and will look into the Chicago climate exchange, And of course its investors who
stand to make billions off the global warming scam.
The Initial Idea and the Start-Up Plan for the Chicago Climate Exchange
The story begins in 2000. Richard Sandor worked through the Joyce Foundation with the help of his good friend Barack Obama, a board member, to
obtain $1.1 million in grants to develop, pilot, and launch his idea of a private exchange to trade carbon credits. Obama guided the money to make
sure Richard Sandor’s idea got off the ground. The grant monies were funneled through the Kellogg Graduate School of Management at Northwestern
University where Sandor was a research professor and taught a class in environmental finance.
Now for a new player Al Gore, the former Vice President brings emotional fervor to his carbon crusade. He travels the country displaying charts and
graphs, quoting scientific experts and appealing to philosophers and religious leaders to save the planet from global warming. But he says nothing
about his business partners who yearn to trade on the emerging carbon market.
In 2004, Al Gore co-founded with former campaign manager, David Blood (also formerly with Goldman Sachs who is also a major investor in the Chicago
climate exchange), an investment fund aimed at profiting from business and government initiatives to stop “global warming.” They affectionately
call their venture: “Blood and Gore.” It’s real name is Generation Investment Management (GIM).
This London-based firm invests money from institutions and wealthy investors in companies that are going green. It has a host of mega-corporations as
investors, among them, Aflac, GE, Staples, SYSCO, UBS, Waters Corp. and Whole Foods. GIM’s “founding partners” are studded with officials from
Goldman Sachs. They include David Blood, former CEO of Goldman Sachs Asset Management (GSAM); Mark Ferguson, former co-head of GSAM pan-European
research; and Peter Harris, who headed GSAM international operations. Another founding partner is Peter Knight, who is the designated president of
GIM. He was Senator Al Gore’s chief of staff from 1977-1989 and the campaign manager of the 1996 Clinton-Gore re-election campaign. This is not the
sort of venture capitalist scheme with which your ordinary American family could become a shareholder. And guess who owns a controlling interest in
the Chicago climate exchange,You only get one guess.
Now one more player to add to are list before we continue do you remember
Al Gores Nobel prize on 11 December 2007, Rajendra Pachauri (representing the recipient IPCC) and co-recipient Al Gore delivered their acceptance
speeches at an awards ceremony in Oslo, Norway . Well hers a new player Dr Rajendra Pachauri
Dr Rajendra Pachauri, chairman of the UN?s Intergovernmental Panel on Climate Change (IPCC) and mastermind of its latest report in 2007, Is acting
as director or adviser to many of the bodies which play a leading role in what has become known as the international ‘climate industry’. And it is
perhaps unsurprising that Dr Pachauri also serves on the advisory board of the Chicago Climate Exchange, the largest and most lucrative carbon-trading
exchange in the world.
OK now that I have the players in place sorry it took so long there is a lot of people playing behind the scenes .Now for these people to make money
and this plan to be truly successful and attain the projected profit of $10 trillion a year, trading carbon and other emission credits needs to become
mandatory. Hence, they are waiting for the Cap and Trade legislature to pass.
Cap & Trade
Under a Cap & Trade scheme, an explicit national cap is set on greenhouse gas emissions. That cap is then divided into trad-able permits, which are
then distributed to all regulated firms for a set fee, through an auction, for free, or through a combination of those methods. As the number of
trad-able permits remains constant, achieving the countries emissions target is easy.
So know we have a bunch of people about to make trillions of dollars selling nothing. Think about this Madoff went to jail selling investments that
didn't exist is this really any different? W eve got the President pushing Cap and Trade to help an industry he helped create. This will lead to
higher energy costs for consumers in a time of recession. Yet are government is being forced into this position. I'm speculating here but I find it
awfully funny that a no name Chicago politician ended up with the White House with very little political experience. But if you get the right people
behind you and they have enough money they can get you any where. In Chicago politics every favor is of course returned by another one later got to
admit makes you wonder.
If this Cap and Trade passes might as well say good bye to are recovery from the recession. After energy prices double or triple. And as we see the
people pushing it all have a vested interest in passing it . I really don't get into conspiracies but people this is huge!