Fight For Forefathers

photo credit: Obama-Biden Transition Project

Hello to all. I figured I would address the Al Gore component of the American Clean Energy Security Act movement. Does anyone believe his global warming campaign could have intentions other than just a “greener” planet? I will attempt to put together some research I have done recently and let the readers decide if Mr. “Green” Gore is going to be the “Carbon Tax Lord.” (Just trying to lighten the mood here!) I will start with the agencies who are going to manage the carbon credits.

The United States has one carbon credit agency up to this point. It is the Chicago Climate Exchange (CCX). In Great Britain there is also just one major carbon credit agency. It is the the Carbon Neutral Company (CNC). The duties of these agencies are self explanatory. The agencies will manage the carbon credits of  companies. Each company, industry, or sector will be allowed to release X amount of CO2. If the company goes over their limit they can either purchase carbon credits from another company, or they can pay the fine which is in proportion to the excess. The agencies above will manage this horse hockey. These agencies will also fly to the moon if the Cap and Trade legislation passes! Forgive me, but I will have to give my two cents here and cry Bologna from the mountain top! CO2 is perfectly normal and is part of the earth’s natural process. Did you know that 90% of the earth’s oxygen does not come from trees. It comes from the algae in the ocean. This is why I am not buying the argument that the earth will succumb to excess CO2. Let us get back to the point. How do these agencies tie in with Al Gore?

According to Deborah Cory Barnes, author of The Money and Connections Behind Al Gore’s Carbon Crusade, Al Gore started Generation Investment Management (GIM) with co founder Hank Paulson. Source: Remember him? Yes, he was the Treasury Secretary. Guess what? Yes, he is also the former CEO of Goldman Sachs. (Didn’t Goldman Sachs just get billions in Federal Reserve pledges, bailouts, and or Tarp?) Link to Generationim

GIM, a London based company has the mission of taking investments from large “green supporting” companies or other generous “green” investors. GIM returns the favor by reinvesting in “green technology” for the same large companies. It gets better.

Goldman Sachs purchased 10% of the shares of  CCX. CCX owns 50% of the shares in CNC! Are you connecting the dots yet. Is this not going to be one big happy monopoly? I even tried to see if I could invest in GIM. As of now, it seems they are only taking investments from the “big dogs”.

In conclusion, this is not hard to figure out. My interpretation is that the large industries will invest in Al Gore and GIM if they are smart. This is because they will overcome losses from the “horse hockey” carbon credit game by the return they recieve from Mr. “Green” Gore.! How could GIM not make a killing? Remember the fact that Cap and Trade will require citizens to go “green” wether they like it or not. This will force the green technology into turbo mode. What about Mr. “Green” Gore? Think about it. He will have all of large companies begging for him to take their money. The large companies that don’t? Well, I guess these large companies or industries can’t expect favors from Gore through his connections to CCX and CNC!