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Cap and Trade legislation is a fraud perpetrated on the American people by our president and others.

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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!

posted on Jun, 17 2010 @ 10:45 PM
I support environmental policies, very strict ones at that. But we all know that human created global warming is B.S. Look they have been busted just last year but were clever enough to keep it out of the news that people forgot about it. This type of thing has and will happen on earth, it's all part of the territory, don't like it? You # out of luck.

This is not manmade, this is a cyclical event that happens, we were unfortunate enough to be alive for it.

As for Cap and Trade, we all know that means redistribute from one company to the next so their little buddies can make massive profit at the expense of the 'little guy'. They now have another casino they will be able to play with.

[edit on 6/17/2010 by Misoir]

posted on Jun, 18 2010 @ 12:22 AM
reply to post by Misoir

Im mad can you imagine using this money to tackle real environmental problems? potentially trillions per year could you imagine what could be donr for the environment.

Oh and as i look into this Even BP appears to have a hand in the global warming scam.they are investors in some of the green companies in the Chicago exchange.Wonder if you keep digging where it ends? Hopefully they will use some of that money to help clean up the gulf but some how i doubt it.

posted on Jun, 19 2010 @ 02:23 PM
Here is something everyone needs to watch it helps you understand the scam.Also lets you know how they have been fooling environmentalists into believing this will help.

posted on Jul, 6 2010 @ 12:07 PM
Cap and trade deals with and limits pollution, which no matter how you look at it is BAD for our planet and worse for the people who have to live near or next to it. To bring the whole "global warming" debate into it is just childish. What are you people really so afraid of? It seems like a rational thing to do. Certainly it's better than doing nothing. And certainly the greater polluters should pay the higher prices. Hell if they're rich enough they can even get away with stuff.

posted on Jul, 6 2010 @ 12:09 PM
reply to post by dragonridr

cap and trade was first concocted as a policy by Enron.

That should tell you something about cap and trade.

Enron wanted it to drive coal out of business, which was their primary competition.

BP also heavily supports the cap and trade policy for the same reason.

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