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Cap and Trade is a Goldman Sachs and Enron Scam

Cap and Trade is a Goldman Sachs and Enron Scam

NoWorldSystem.com
December 8, 2009

Rolling Stone’s author Matt Taibbi wrote an article about Goldman Sachs titled, “The Great American Bubble Machine“, he writes how they are about to engineer the next great bubble — the trillion dollar carbon cap and credit market.

To my surprise, Enron, one of the most corrupt gangsters besides the Goldman Sachs mafia also take part in this new carbon-credit scheme. (pay no mind to the AGW propaganda):

http://www.youtube.com/watch?v=pA6FSy6EKrM

“the first thing you need to know about Goldman Sachs is that it is everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.” -Matt Taibbi

UPDATE:

When Al Gore was vice-president in 1997 he met Enron CEO Ken Lay at the White House to discuss the development of a new carbon-cap and tax scam.:

http://www.youtube.com/watch?v=sH0Ryek7rHk

Gore’s Inconvenient Truth: Enron and Goldman Sachs Crooks Created His Cap-and-Tax Scam!

Aaron Dykes
TruthNews.us
April 27, 2009

After insisting once again that there is a consensus on man-made global warming (while paradoxically comparing those not in consensus with those who deny the moon landing), Al Gore obfuscates, downplays and refuses to discuss the role that CEOs have played in crafting his Cap-and-Trade C02 trading schemes and carbon swapping systems.

Al Gore tries to put a lid in Congressional committee testimony on a little reported but vitally important subject in the global warming, carbon-tax ‘debate’– the new derivatives bubble in the emerging green-energy credit-swap market.

Gore’s body language makes clear he does not want to dwell on the issue, as he spins every point critical of the carbon-schemes’ financial structure in light of the current financial meltdown into another dire warning about the much-heralded global warming meltdown that is said to be coming.

But Rep. Scalise and others try to turn focus on the huge financial burden that will be pinned on American taxpayers and U.S. industry. Scalise claims that President Obama has already scheduled in his budget an estimated $650 billion that would be generated under the carbon taxes proposed in the bill.

The point from Rep. Scalise that is gaveled over by the chairman and stuttered-over by Gore is that many of the Congressmen are ‘concerned about turning over our energy economy over to firms like Enron and some of these Wall Street firms that wrecked out financial economy.’

Fmr. Vice President Al Gore denies that Ken Lay and other CEOs developed carbon scheme: “I didn’t know him well enough to call him ‘Kenny-boy’.”

But the point is a fair one. Gore’s founding partner in his carbon-trading / sustainability investment firm is none other than David Blood, CEO of Goldman Sachs’ asset-management division until 2003.

Gore & Blood founded Generation Investment Management, LLC in 2004– giving Gore an obvious conflict of interest in pushing a carbon tax.

Yet Gore ridicules the question: “I guess what you’re trying to say– state there is… some kind of guilt by association- is that–”

“I’m saying there are going to be big winners and big losers in this bill– big winners and big losers. Some of the big winners are some of the very financial experts that helped destroy our financial marketplace. And I think it should be noted that companies like Enron helped come up with this trading scheme that we’ve got,” Scalise notes.

Read Full Article Here

 

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