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Author Topic: Cap & Trade - follow the money  (Read 340 times)
azbob
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« on: September 15, 2010, 09:45:43 AM »

I'm not a conspiracy theorist, but this makes sense.  Let's come up with a counter system that earns us 10 billion or so:

http://www.examiner.com/orange-county-conservative-in-orlando/scandal-obama-gore-goldman-joyce-foundation-ccx-partners-to-fleece-usa

>
> THIS CAME FROM A FORMER CHEMICAL INDUSTRY MONEY GUY..............
> *Here is what is behind Cap & Trade...*
>
> *So . . . you think you know quite a bit about Obama and his band  ? *
>
> *You don't know anything yet. Read on all of this as it all comes
> together in the last part...a must read.**
> *
> This is an interesting story put together from various articles and TV
> shows by the British Times paper. It shows what Obama and his friends
> are really all about. It's not hope and change, it is money.
>
> I know the first part is a little boring, but stick with it. The
> second part connects all the dots for you (it will open your eyes).
> The end explains how Obama and all his cronies will end up as
> multi-billionaires. (It's definitely worth the read. You will not be
> disappointed).
>
> A small bank in Chicago called SHOREBANK almost went bankrupt during
> the recession. The bank made a profit on its foreign micro-loans (see
> below) but had lost money in sub-prime mortgages in the US. It was
> facing likely closure by federal regulators. However, because the
> bank's executives were well connected with members of the Obama
> Administration, a private rescue bailout was arranged. The bank's
> employees had donated money to Obama's Senate campaign. In other
> words, ShoreBank was too politically connected to be allowed to go under.
>
> ShoreBank survived and invested in many "green" businesses such as
> solar panel manufacturing. In fact, the bank was mentioned in one of
> Obama's speeches during his election campaign because it subjected new
> business borrowers to eco-litmus tests.
>
> Prior to becoming President, Obama sat on the board of the JOYCE
> FOUNDATION, a liberal charity. This foundation was originally
> established by Joyce Kean's family which had accumulated millions of
> dollars in the lumber industry. It mostly gave funds to hospitals but
> after her death in 1972, the foundation was taken over by radical
> environmentalists and social justice extremists.
>
> This JOYCE FOUNDATION, which is rumored to have assets of 8 billion
> dollars, has now set up and funded, with a few partners, something
> called the CHICAGO CLIMATE EXCHANGE, known as CXX. It will be the
> exchange (like the Chicago Grain Futures Market for agriculture) where
> Environmental Carbon Credits are traded.
>
> Under Obama's new bill, businesses in the future will be assessed a
> tax on how much CO2 they produce (their Carbon Footprint) or in other
> words how much they add to global warming. If a company produces less
> CO2 than their allotted measured limit, they earn a Carbon Credit.
> This Carbon Credit can be traded on the CXX exchange. Another company,
> which has gone over their CO2 limit, can buy the Credit and "reduce"
> their footprint and tax liability. It will be like trading shares on
> Wall Street.
>
> Well, it was the same JOYCE FOUNDATION, along with some other private
> partners and Wall Street firms that funded the bailout of ShoreBank.
> The foundation is now one of the major shareholders. The bank has now
> been designated to be the "banking arm" of the CHICAGO CLIMATE
> EXCHANGE (CXX). In addition, Goldman Sachs has been contracted to run
> the investment trading floor of the exchange.
>
> **So far so good; now the INTERESTING parts.***
>
> *One ShoreBank co-founder, named Jan Piercy, was a Wellesley College
> roommate of Hillary Clinton. Hillary and Bill Clinton have long
> supported the bank and are small investors.
>
> Another co-founder of ShoreBank, named Mary Houghton, was a friend of
> Obama's late mother. Obama's mother worked on foreign MICRO-LOANS for
> the Ford Foundation. She worked for the foundation with a guy called
> Geithner. Yes, you guessed it. This man was the father of Tim
> Geithner, our present Treasury Secretary, who failed to pay all his
> taxes for two years.
>
> Another founder of ShoreBank was Ronald Grzywinski, a cohort and close
> friend of Jimmy Carter.
>
> The former ShoreBank Vice Chairman was a man called Bob Nash. He was
> the deputy campaign manager of Hillary Clinton's presidential bid. He
> also sat on the board of the Chicago Law School with Obama and Bill
> Ayers, the former terrorist. Nash was also a member of Obama's White
> House transition team.
>
> (To jog your memories, Bill Ayers is a Professor at the University of
> Illinois at Chicago. He founded the Weather Underground, a radical
> revolutionary group that bombed buildings in the 60s and 70s. He had
> no remorse for those who were killed, escaped jail on a technicality,
> and is still an admitted Marxist).
>
> When Obama sat on the board of the JOYCE FOUNDATION, he "funneled"
> thousands of charity dollars to a guy named John Ayers, who runs a
> dubious education fund. Yes, you guessed it. The brother of Bill
> Ayers, the terrorist.
>
> Howard Stanback is a board member of ShoreBank. He is a former board
> chairman of the Woods Foundation. Obama and Bill Ayers, the terrorist,
> also sat on the board of the Woods Foundation. Stanback was formerly
> employed by New Kenwood Inc. a real estate development company
> co-owned by Tony Rezko.
>
> (You will remember that Tony Rezko was the guy who gave Obama an
> amazing sweet deal on his new house. Years prior to this, the law firm
> of Davis, Miner, Barnhill & Galland had represented Rezko's company
> and helped him get more than 43 million dollars in government funding.
> Guess who worked as a lawyer at the firm at the time. Yes, Barack Obama).
>
> Adele Simmons, the Director of ShoreBank, is a close friend of Valerie
> Jarrett, a White House senior advisor to Obama. Simmons and Jarrett
> also sit on the board of a dubious Chicago Civic Organization.
>
> Van Jones sits on the board of ShoreBank and is one the marketing
> directors for "green" projects. He also holds a senior advisor
> position for black studies at Princeton University. You will remember
> that Mr. Van Jones was appointed by Obama in 2009 to be a Special
> Advisor for Green Jobs at the White House. He was forced to resign
> over past political activities, including the fact that he is a Marxist.
>
> Al Gore was one of the smaller partners to originally help fund the
> CHICAGO CLIMATE EXCHANGE. He also founded a company called Generation
> Investment Management (GIM) and registered it in London, England. GIM
> has close links to the UK-based Climate Exchange PLC, a holding
> company listed on the London Stock Exchange. This company trades
> Carbon Credits in Europe (just like CXX will do here) and its floor is
> run by Goldman Sachs.
>
> Along with Gore, the other co-founder of GIM is Hank Paulson, the
> former US Treasury Secretary and former CEO of Goldman Sachs. His
> wife, Wendy, graduated from and is presently a Trustee of Wellesley
> College. Yes, the same college that Hillary Clinton and Jan Piercy, a
> co-founder of ShoreBank attended. (They are all friends).
>
> **Interesting? And now the closing...**
>
> Because many studies have been exposed as scientific nonsense, people
> are slowly realizing that man-made global warming is nothing more than
> a money-generating hoax. As a result, Obama is working feverishly to
> win the race. He aims to push a Cap-and-Trade Carbon Tax Bill through
> Congress and into law.
>
> Obama knows he must get this passed before he loses his majority in
> Congress in the November elections. Apart from Climate Change he will
> "sell" this bill to the public as generating tax revenue to reduce our
> debt. But, it will also make it impossible for US companies to compete
> in world markets and drastically increase unemployment. In addition,
> energy prices (home utility rates) will sky rocket.
>
> **But, here's the KICKER (THE MONEY TRAIL).***
>
> *If the bill passes, it is estimated that over 10 TRILLION dollars
> each year will be traded on the CXX exchange. At a commission rate of
> only 4 percent, the exchange would earn close to 400 billion dollars
> to split between its owners, all Obama cronies. At a 2 percent rate,
> Goldman Sachs would also rake in 200 billion dollars each year.
>
> But don't forget SHOREBANK. With 10 trillion dollars flowing though
> its accounts, the bank will earn close to 40 billion dollars in
> interest each year for its owners (more Obama cronies), without even
> breaking a sweat.
>
> It is estimated Al Gore alone will probably rake in 15 billion dollars
> just in the first year. Of course, Obama's "commissions" will be held
> in trust for him at the Joyce Foundation. They are estimated to be
> over 8 billion dollars by the time he leaves office in 2013, if the
> bill passes this year. Of course, these commissions will continue to
> be paid for the rest of his life.
>
> Some financial experts think this will be the largest scam or legal
> heist in world history. Obama's cronies make the Mafia look like rank
> amateurs. They will make Bernie Madoff's fraud look like penny ante stuff.
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ragman
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« Reply #1 on: September 15, 2010, 03:15:03 PM »

Cap and trade is bullshit and will be very detrimental to the USA financially.  I had read the first half of your post before but I'm not sure about the second half.  If the Repubs. win a majority in either house maybe they can call for hearings on this, if there is anything to it.  Wink

Cap and trade will ensure that unemployment stays in the double digits. That you can take to the bank.
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Jim
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clover
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« Reply #2 on: September 15, 2010, 08:17:59 PM »

azbob-  The best part about that post is Beck and every other right wing wingnut thinks most Americans are too stupid, or lazy to check the facts.

 "Supporting efforts to protect the Great Lakes, to reduce poverty and violence in the region, and to ensure its residents good schools, decent jobs, a strong democracy, and a diverse and thriving culture."  That sounds like part of a campaign speech from Boehner....but it's not

http://www.joycefdn.org/

As far as having 8 billion dollars???   More BS......they have 900 million

http://www.joycefdn.org/content.cfm/history

Just the facts.......unless it's more convenient to just believe what you want to believe. Wink

I don't know who the Joyce Foundation is....and I don't care.....but I know that defamation and slander are the tools of the fanatic.

« Last Edit: September 16, 2010, 12:20:15 PM by clover » Logged

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ragman
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« Reply #3 on: September 16, 2010, 05:13:17 AM »

Clover
Quote
I don't know who the Joyce Foundation is....and I don't care.....but I know that defamation and slander are the tools of the fanatic.
  You know this because Liberals are the Masters of it.  Grin
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Jim
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clover
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« Reply #4 on: September 16, 2010, 05:52:27 AM »

No one said they were exclusive to one political party. Grin


http://thinkprogress.org/


http://www.glennbeck.com/

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ragman
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« Reply #5 on: September 16, 2010, 10:53:41 AM »

Clover, Beck is a poor example he always tells the truth. I would believe him way before I would believe OTO.   Wink
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Jim
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azbob
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« Reply #6 on: September 16, 2010, 11:33:21 AM »

clover: "azbob-  The best part about that post is Beck and every other right wing wingnut knows most Americans are too stupid, or lazy to check the facts. "

Neither stupid or lazy, but just love to stir you up! Wink



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clover
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« Reply #7 on: September 16, 2010, 12:25:45 PM »

Wrong word...........the operative word is "thinks" ........changed my post Wink
« Last Edit: September 16, 2010, 12:33:10 PM by clover » Logged

Never argue with a fool.  They'll drag you down to their level and beat you with experience.
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