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Old 03-06-2010, 02:16 AM   #6
Gnosis5
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Join Date: Sep 2008
Location: Canada
Posts: 1,659
Default Re: Anatomy of a Con Job by Bruce Wiseman

Albert Arnold Gore, Jr.



It is not hard to imagine Al Gore in a minister’s collar.



After all, he went to Vanderbilt Divinity School when he was a young man—an act of “purification,” his wife would later say.



And he has called greenhouse gases “a moral issue . . . deeply unethical,” which must be why he warns of environmental Armageddon with such a religious zeal:

“. . . unless we act boldly and quickly to deal with the underlying causes of global warming, our world will undergo a string of terrible catastrophes, including more and stronger storms like Hurricane Katrina. . . .

“Today, we are hearing and seeing dire warnings of the worst potential catastrophe in the history of human civilization: a global climate crisis that is deepening and rapidly becoming more dangerous than anything we have ever faced.”

What do we do, Brother Al? How do we solve “the worst potential catastrophe in the history of human civilization”?

“Cap and trade, my son, cap and trade.”

There’s just one little point that should be known about Brother Al’s sermon: if governments mandate the cap-and-trade legislation he is advocating, Al the Righteous, Al the Moral, Al the Ethical, stands to make billions.

You see, while he is pushing governments around the world to cap carbon emissions, which will force companies to buy carbon offset credits, he is also the chairman and founder of a private equity firm called Generation Investment Management (GIM), which invests in . . . you guessed it . . . carbon dioxide offsets.

Matt Taibbi’s article in Rolling Stone lays out the structure beautifully.

“The feature of this plan that has special appeal to speculators is that the `cap’ on carbon will be continually lowered by the government, which means that carbon credits will become more and more scarce with each passing year. Which means that this is a brand-new commodities market where the main commodity to be traded is guaranteed to rise in price over time. The volume of this new market will be upwards of a trillion dollars annually; for comparison’s sake, the annual combined revenues of all electricity suppliers in the U.S. total $320 billion.”

A World Bank Private Sector blog regularly gushes about Brother Al, whose partners in GIM are those priests of Wall Street propriety, the suspender-wearing bankers from Goldman Sachs. Co-founder of the company is David Blood, former CEO of Goldman Sachs Asset Management; other former Goldmanite big shots include Mark Ferguson and Peter Harris. Assisting with the creation of Al’s ethical investment house was none other than the godfather of the Wall Street derivatives that fueled the global financial crisis and the star of the trillion-dollar bank bailout of 2008, former U.S. Treasury Secretary Hammering Hank Paulson.

Goldman has long sought cap-and-trade legislation, having spent $3.5 million lobbying climate issues in 2008. And the bank owns a 10 percent interest in the Chicago Climate Exchange (CCX), mentioned above. The CCX is the only U.S. firm that claims to trade carbon credits, and, as noted above, also has a 50 percent interest in its sister carbon exchange in Europe, the European Climate Exchange (ECX).

Members of the Chicago Climate Exchange, besides GIM, include Ford Motor Company, Amtrak, DuPont, Dow Corning, International Paper, Motorola and other tier-one carbon emitters. This gives them a “home” from which to buy their offset credits, but also the ability to invest in credits for the purpose of speculation.

If cap-and-trade legislation passes, the CCX’s business and income will soar. Its members will profit gluttonously.

And the biggest shareholder of the Chicago Climate Exchange? That’s right, Brother Al’s Generation Investment Management.

Amen, Brother Al. Amen.

People know that it is greed that runs through the veins of Goldman Sachs. They are in a class by themselves, plundering the financial markets like pirates of old. But what about Al the Ethical?

Do you think there’s a conflict of interest in his incessant warnings of the greatest catastrophe in human history if Congress does not legalize carbon restrictions, when his investment company is the largest shareholder in the only U.S. carbon exchange and that same company invests only in carbon offset opportunities?

You think perhaps that Al has taken on the color of his predatory partners?

Another one of Gore’s partners in GIM (this one, silent) is Maurice Strong, a man many credit with being the godfather of the environmental movement. Strong is on the board of directors of the Chicago Climate Exchange and is known to have—what shall we call them?—extreme environmental views.

Strong once told a reporter the plot to a novel in which the rich countries of the world refused to sign an agreement that reduced their impact on the environment. In order to save the planet, a small group of world leaders decide that the only hope for mankind is for the industrialized civilizations to collapse.

Strong’s allegedly fictional plot is echoed in real life by extremists of the environmental movement. Paul Ehrlich, Professor of Population Studies at Stanford, said, “A massive campaign must be launched to de-develop the United States. De-development means bringing our economic system into line with the realities of ecology and the world resource situation.”

And Michael Oppenheimer, Environmental Defense Fund, said, “The only hope for the world is to make sure there is not another United States. We can’t let other countries have the same number of cars, the amount of industrialization, we have in the US. We have to stop these Third World countries right where they are.”

Fortunately, these are not the views of most environmentalists. Most environmentalists are caring people who see our waterways turning toxic with chemical poisons, our rain forests being annihilated, species going extinct by the thousands, and are concerned enough to want to do something about it.

The problem is that they have been fed deceitful and highly misleading information and are seeking to implement solutions to a problem that does not exist, solutions that are making things infinitely worse.

There ARE critical environmental problems on this planet which, if not reversed, can cause devastating consequences. But global warming is not one of them and the solutions being pushed by vested interests are not only bogus, they are causing the very problems real environmentalists are concerned about.

This, then, is a brief summary of the key elements of the con job:

The Club of Rome’s theory of global warming and their deceptive call for “sustainable development” is based on junk science.

The global anxiety over depletion of the planet’s fossil fuels is based on a lie. Oil scarcity is a myth. Oil is not a fossil fuel and it is a renewable resource.

Global warming is an invention. The planet has been cooling for more than a decade, has experienced much warmer temperatures long before industrialization and man-made carbon existed—and carbon dioxide is what plants use to create oxygen.

Biofuels are not a solution to the planet’s environmental problems, but rather are highly destructive of life on Earth.

Carbon credits are a vicious scam. Financial products made possible only by political mandates, they are based on a nonexistent problem and will destroy the economies of the world while making international bankers and the global elite rich beyond imagining.

While real environmentalists do not hold the draconian views of Michael Oppenheimer or Paul Ehrlich, if cap-and-trade laws are allowed to pass, their visions of an industrial apocalypse are all too possible.
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