Filed under: Al Gore, Big Banks, cap-and-trade, carbon dioxide, Carbon Tax, Co2, Congress, environmental taxation, GE, global tax, Global Warming, Goldman Sachs, green nazi, Hoax, inconvenient truth, marsha blackburn, qui bono, tax | Tags: david blood, earth day, green economy, House Energy and Commerce Committee, Kleiner-Perkins, stephen milloy, subprime carbon assets
Cap-And-Trade: Al Gore’s Cash Cow
Investors Business Daily
April 29, 2009
http://www.youtube.com/watch?v=NXGkI-mw7Pw
Global Warming: At the cap-and-trade hearings, it was revealed that not everyone will suffer from this growth-killing energy tax. A congresswoman wanted to know why sea levels aren’t rising but Gore’s bank account is.
When Gore left office in January 2001, he was said to have a net worth in the neighborhood of $2 million. A mere eight years later, estimates are that he is now worth about $100 million. It seems it’s easy being green, at least for some.
Gore has his lectures and speeches, his books, a hit movie and Oscar, and a Nobel Prize. But Rep. Marsha Blackburn, R-Tenn., was curious about how a man dedicated to saving the planet could get so wealthy so quickly. She sought out investment advice we all could use in a shaky economy.
Last May, we noted that Big Al had joined the venture capital group Kleiner Perkins Caufield & Byers the previous September. On May 1, 2008, the firm announced a $500 million investment in maturing green technology firms called the Green Growth Fund.
Last Friday, Gore was the star witness at the hearings on cap-and- trade legislation before the House Energy and Commerce Committee. Blackburn asked Gore about Kleiner-Perkins, noting that at last count they “have invested about a billion dollars invested in 40 companies that are going to benefit from cap-and-trade legislation that we are discussing here today.”
Blackburn then asked the $100 million question: “Is that something that you are going to personally benefit from?” Gore gave the stock answer that “the transition to a green economy is good for our economy and good for all of us, and I have invested in it but every penny that I have made I have put right into a nonprofit, the Alliance for Climate Protection, to spread awareness of why we have to take on this challenge.”
Last May, we also noted that on March 1, Gore, while speaking at a conference in Monterey, Calif., admitted to having “a stake” in a number of green investments that he recommended attendees put money in rather than “subprime carbon assets” such as tar sands and shale oil.
He also is co-founder of Generation Investment Management, which sells carbon offsets that allow rich polluters to continue with a clear conscience. It’s a scheme that will make traders of this new commodity rich and Bernie Madoff look like a pickpocket. The other founder is former Goldman Sachs partner David Blood.
As Stephen Milloy, author of “Green Hell,” points out, Goldman Sachs is lobbying for climate change legislation and is part owner of the Chicago Climate Exchange, where carbon credits from cap and trade would be traded.
Others hope to cash in along with Gore. On Earth Day 2007, the various NBC networks gave 75 hours of free air time to Gore to hype climate change. NBC is owned by General Electric, perhaps the largest maker of wind turbines and other green technology in the world. It, too, stands to benefit financially from cap and trade, as Fox News commentator Bill O’Reilly has noted, connecting dots others won’t.
Gore’s altruism is phony. According to a March 6 Bloomberg report, Gore invested $35 million of his own money not in green nonprofits, but with the very profitable Capricorn Investment Group LLC, a Palo Alto, Calif., firm that directs clients to green investments and invests in makers of environmentally friendly products.
As reported on Green Hell Blog, Capricorn was founded by the billionaire former president of eBay Inc., Jeffrey Skoll, who also happens to be an executive producer of Gore’s Oscar-winning documentary, “An Inconvenient Truth.”
Filed under: Abu Dhabi, Africa, Big Banks, central bank, China, Congress, corporations, Credit Crisis, DEBT, deficit, Dollar, Economic Collapse, economic depression, Economy, GE, George Bush, global economy, Great Depression, Greenback, haiti, henry paulson, housing market, humor, Inflation, infrastructure, Jim Cramer, Mad Money, Merrill Lynch, mortgage companies, mortgage lenders, neocons, Paulson, real estate, Russia, Stock Market, subprime, subprime lending, Uncategorized, US Economy, Wall Street, writedown | Tags: run on banks
Bush: “Wall Street got drunk”
http://www.financialpost.com/story.html?id=685851
Russia Cuts Exposure To Mortgage Companies
http://www.reuters.com/article/fundsFundsNews/idUSL863553320080728
Aussi Bank Writedown Shock Street?
http://www.freemarketnews.com/WorldNews.asp?nid=58634
Merrill Lynch forced to take emergency action ahead of writedown
http://business.timesonline.co.uk/tol/b..banking_and_finance/article4420207.ece
Haiti: Mud cakes become staple diet as cost of food soars
http://www.guardian.co.uk/world/..internationalaidanddevelopment
China Owns America
http://www.washingtontimes.com/ne..chinas-economic-bargaining-chip/
Economy hitting the elderly especially hard
http://www.msnbc.msn.com/id/25804814/page/2/
Congress Taps Paulson’s Helmet
http://www.321gold.com/editorials/schiff/schiff072808.html
No Angry Lines At New Failed Banks
http://news.yahoo.com/s/ap/200…AhOmkT7fUvH9bYpM6zC6uZlv24cA
Abu Dhabi To Buy Stake In GE
http://business.timesonline.co.u..try_sectors/industrials/article4380773.ece
Russia Owns 10% Of U.S. Steel Industry
http://www.reuters.com/article/reutersEdge/idUSL0746834220080407?sp=true
Cramer: Stocks are Doomed, Sell Now
http://moneynews.com/streettalk/cramer_sell_stocks_now/2008/07/09/111259.html
Controller tells Schwarzenegger he won’t cut workers’ wages
California Governor Schwarzenegger to cut state worker pay to $6.55/hr
Ford Posts Loss of $8.7 Billion on Asset Woes
Food Price Rise Has Coca Farmers Planting Rice
Pelosi Eyes $50 Billion In New Economic Stimulus
Dow Drops 200 Points On Housing Data
Filed under: 1984, Airport Security, airstrikes, al-qaeda, atlantic, bernanke, Big Brother, bilderberg, biometrics, Bohemian Grove, Britain, Canada, cashless society, China, Cold War, Condoleezza Rice, Control Grid, Coup, Czech Republic, Dissent, eric schmidt, Europe, european union, False Flag, Federal Reserve, Fox News, gas prices, GE, George Bush, Germany, global elite, global government, Globalism, google, Henry Kissinger, International Bankers, internationalists, Iran, jim tucker, JP Morgan, Media, Media Fear, Mexico, microchip, Military Industrial Complex, military strike, NATO, neocons, New World Order, Nuke, Oil, Petrol, poland, Police State, Preemptive Strike, preemptive war, Protest, RFID, Robert Gates, Russia, secret meetings, Secret Societies, Shock and Awe, spain, Surveillance, Tehran, United Kingdom, Verichip, virginia, War On Terror, World Bank, WW3, ww4 | Tags: Karel Schwarzenberg, pfizer, Vernon Jordan, Yuri Baluyevsky
Secret Bilderberg Agenda To Microchip Americans Leaked
Elitists want to microchip Americans in name of fighting terrorism, Europeans universally opposed to attack on Iran, Globalists fear oil prices rising too quickly
Paul Joseph Watson
Prison Planet
June 10, 2008
Sources from inside the 2008 Bilderberg meeting have leaked the details of what elitists were discussing in Chantilly Virginia last week and the talking points were ominous – a plan to microchip Americans under the pretext of fighting terrorist groups which will be identified as blonde haired, blue eyed westerners.
Veteran Bilderberg sleuth Jim Tucker relies on sources who regularly attend Bilderberg as aides and assistants but who are not Bilderberg members themselves. The information they provided this year is bone-chilling for those who have tracked the development of the plan to make the general public consider implanted microchips as a convenience as routine as credit cards.
“Under the heading of resisting terrorism there were points made about how the terrorist organizations are recruiting people who do not look like terrorists – blonde, blue eyed boys – they’re searching hard for those types to become the new mad bombers,” said Tucker
As we have documented, the blue eyed blonde haired Al-Qaeda line is a familiar talking point that has been pushed on Fox News and within other Neo-Con circles in an attempt to turn the anti-terror apparatus around to target dissidents, protesters and the American people in general.
Ominously, Tucker’s source also told him that Bilderberg were discussing the microchipping of humans on a mass scale, which would be introduced under the pretext of fighting terrorism whereby the “good guys” would be allowed to travel freely from airports so long as their microchip could be scanned and the information stored in a database.
Tucker said the idea was also sold on the basis that it would help hospital staff treat a patient in an emergency situation because a scan of the chip would provide instantaneous access to health details.
Tucker underscored that Bilderberg were talking about subdermally implanted chips and not merely RFID chips contained in clothing. The discussion took place in a main conference hall and was part of the agenda, not an off-hand remark in the hotel bar.
Such a bizarre concept may seem unbelievable to some, but over the last ten years there have been dozens of examples of people accepting implanted chips for a variety of different reasons.
In 2004, Mexico’s attorney general and 160 of his office staff were implanted with tracker chips to control access to to secure areas of their headquarters.
The Baja Beach Club in Barcelona and other nightclubs around the world are already offering implantable chips to customers who want to pay for drinks with the wave of a hand and also get access to VIP areas of the club lounge.
Bilderberg skeptical of attack on Iran
Tucker’s source told him that Secretary of Defense Robert Gates did attend Bilderberg despite him not appearing on the official list.
Tucker said that his sources told him Gates was in attendance to present his case for war with Iran, but that the majority of Bilderberg members were against an attack at this time.
“The Europeans were generally opposed to an invasion of Iran – Gates made the regular war propaganda drill about how Iran is a nuclear threat to everybody,” said Tucker, adding that European Bilderbergers made snide comments about where such nuclear weapons actually were being kept and at one point joking that they were possibly “in Saddam Hussein’s tomb”.
Despite Bilderberg opposition, Tucker said that the administration was still considering an attack before Bush leaves office in January.
“At least 90 per cent of the Europeans oppose a war, probably closer to 100 per cent,” said Tucker, adding, “most of the Americans were passive and deferential to the Secretary of Defense and Condoleezza Rice’s pitch in so far as Iran is concerned”.
Tucker said that most Americans present at the meeting were opposed to attacking Iran but dare not be as visible and loud in their opposition as the Europeans.
Energy and oil prices
“One of the Bilderberg boys raised this question – should we put a lid on the rise in oil prices, are we reaching the point of diminishing returns,” said Tucker, adding that Bilderberg noted how Americans were trading in their SUV’s in record numbers for small and more fuel efficient cars and using more public transport to combat high gas prices.
Tucker’s source said that Bilderberg were predicting $5 for a gallon of gas by the end of this summer and oil over $150 dollars a barrel, but that this was a ceiling and oil prices would probably begin to decline thereafter because they thought the acceleration had happened too quickly.
As we previously reported, Bilderberg called for oil prices to soar in 2005 when oil was a mere $40 a barrel.
During the conference in Germany, Henry Kissinger told his fellow attendees that the elite had resolved to ensure that oil prices would double over the course of the next 12-24 months, which is exactly what happened.
During their 2006 meeting in Ottawa Canada, Bilderberg agreed to push for $105 a barrel before the end of 2008. With that target having been smashed months ago, the acceleration towards $150 is outstripping even Bilderberg’s goal, which is why the elitists expressed a desire to cool prices at least in the short term.
Just two days after he left Bilderberg, Fed Chairman Ben Bernanke, George W. Bush and others expressed support for a strong dollar and Bernanke hinted that interest rates could rise, which immediately caused oil prices to drop in line with Bilderberg’s consensus.
Rice Formalized Missile Defense Policy At BilderbergSecretary of State discussed radar treaty with Czech Foreign Minister
Paul Joseph Watson
Prison Planet
June 12, 2008
U.S. Secretary of State Condoleezza Rice moved the U.S. missile defense shield agenda a step forward during her attendance at the Bilderberg meeting last week, during which she formalized plans to sign a treaty on installing a U.S. radar base in the Czech Republic with Czech Foreign Minister Karel Schwarzenberg.
The news underscores the fact that important policy decisions are advanced at Bilderberg and that the event is not an insignificant talking shop, as debunkers often claim.
Reports out of both Czech newspapers and Chinese sources confirm that Rice formalized the policy at Bilderberg.
“U.S. Secretary of State of Condoleezza Rice has confirmed she will fly to Prague in early July to sign two U.S.- Czech treaties on the installation of a radar base on the Czech soil, the Czech daily Pravo said Tuesday,” reports Xinhua.
“According to the paper, Rice confirmed her plan to Schwarzenberg at the Bilderberg conference in Chantilly, Virginia, last week.”
“Bilderberg Club, also called the “Group of the Powerful,” is an informal invitation-only organization of politicians, representatives of the military and industrial complex, bankers and businessmen. Schwarzenberg was the only Czech participant in this year’s forum,” according to the report.
The prospect of the radar base, along with the planned installation of an interceptor missile base in Poland, has infuriated the Russians who believe the program is aimed at countering the Kremlin as well as Chinese military dominance, and not as a means of defending against Iranian nuclear ambitions as the U.S. claims.
In response to U.S. aggression, Russia has resumed long-range bomber patrols over the Atlantic which were mothballed at the end of the Cold War. NATO warplanes have intercepted Russian Bear Bombers on numerous occasions.
In February, Russia’s military chief of staff General Yuri Baluyevsky (pictured left) threatened to use nuclear weapons to defend Russia should an attack on Iran put the Kremlin in the line of fire.
In November last year, Baluyevsky dubbed America “evil” while cautioning that the “insidious” U.S. missile defense shield weapons system has nothing to do with countering Iran and is aimed squarely at Moscow.
“If the Americans deploy the radar by 2011 and anti-ballistic missiles by 2012-2013, they will certainly be directed against Russia, and we can easily prove it,” Baluyevsky told Russia Today.
“Today, there is no need to be afraid of the Russian Armed Forces. However, I do not believe that the Russian military is obliged to defend the world from the evil Americans,” he added.
Washington Post Mentions Bilderberg & Bohemian Grove
Washington Post
June 13, 2008
It was a quintessentially Washington moment:
There, in the Ritz-Carlton ballroom Monday, stood Vernon Jordan — the political insider, corporate networker and financial rainmaker, tall and impeccably turned out — presiding over his last meeting as head of the Economic Club of Washington.
During his four-year tenure, Jordan had used his incomparable connections to bring the heads of J.P. Morgan Chase, Kohlberg Kravis Roberts, American Express, Pfizer and General Electric, along with the secretary of the Treasury, the chairman of the Federal Reserve and the president of the United States, to speak to 400 of the city’s top business executives.
Now, for his final act, Jordan had reached beyond the Old Economy establishment and snared the chief executive of Google, the hottest company on the planet. Jordan had met Eric Schmidt the year before at Bilderberg, the super-secret gathering that falls between Davos and Bohemian Grove on the calendars of the global elite. By the end of that three-day meeting in Istanbul, Jordan had snared his final speaker.
Depending on your point of view, Jordan represents everything that is right or wrong with Washington.
To the cynical and conspiratorial, Jordan epitomizes the clubby and back-scratching Washington power broker, an amoral fixer who uses his web of connections to enrich himself and his clients while corrupting the political process.
http://www.prisonplanet.com/articles/june2008/061008_iran_threatened.htm
Kaine, elected leaders and the mystery of Bilderberg
http://www.loudountimes.com/blogs/..rs-and-mystery-bilderberg/
Bilderberg Seeks Bank Centralization Agenda
http://www.roguegovernment.com/news.php?id=9845
Canadian Powerbrokers at Bilderberg
http://www.embassymag.ca/html/index..8/june/11/chatterhouse/
Filed under: amazon, biofuels, BP, brazil, carlyle group, ethanol, famine, food crisis, food market, food prices, gas prices, GE, George Bush, george soros, health and environment, malthusian catastrophe, Mexico, Oil, Pakistan, Petrol, shell, UN, washington, wheat | Tags: corn, grain, grasslands, malaysia, rain forest, rainforest, soybean, wetlands
Destroying the Amazon Rainforest to Fight Global Warming
Biofuel industry to destroy valuble wetlands, grasslands and forests to cash-in on the global warming trend
Time
March 30, 2008
From his Cessna a mile above the southern Amazon, John Carter looks down on the destruction of the world’s greatest ecological jewel. He watches men converting rain forest into cattle pastures and soybean fields with bulldozers and chains. He sees fires wiping out such gigantic swaths of jungle that scientists now debate the “savannization” of the Amazon. Brazil just announced that deforestation is on track to double this year; Carter, a Texas cowboy with all the subtlety of a chainsaw, says it’s going to get worse fast. “It gives me goose bumps,” says Carter, who founded a nonprofit to promote sustainable ranching on the Amazon frontier. “It’s like witnessing a rape.”
The Amazon was the chic eco-cause of the 1990s, revered as an incomparable storehouse of biodiversity. It’s been overshadowed lately by global warming, but the Amazon rain forest happens also to be an incomparable storehouse of carbon, the very carbon that heats up the planet when it’s released into the atmosphere. Brazil now ranks fourth in the world in carbon emissions, and most of its emissions come from deforestation. Carter is not a man who gets easily spooked–he led a reconnaissance unit in Desert Storm, and I watched him grab a small anaconda with his bare hands in Brazil–but he can sound downright panicky about the future of the forest. “You can’t protect it. There’s too much money to be made tearing it down,” he says. “Out here on the frontier, you really see the market at work.”
This land rush is being accelerated by an unlikely source: biofuels. An explosion in demand for farm-grown fuels has raised global crop prices to record highs, which is spurring a dramatic expansion of Brazilian agriculture, which is invading the Amazon at an increasingly alarming rate.
Propelled by mounting anxieties over soaring oil costs and climate change, biofuels have become the vanguard of the green-tech revolution, the trendy way for politicians and corporations to show they’re serious about finding alternative sources of energy and in the process slowing global warming. The U.S. quintupled its production of ethanol–ethyl alcohol, a fuel distilled from plant matter–in the past decade, and Washington has just mandated another fivefold increase in renewable fuels over the next decade. Europe has similarly aggressive biofuel mandates and subsidies, and Brazil’s filling stations no longer even offer plain gasoline. Worldwide investment in biofuels rose from $5 billion in 1995 to $38 billion in 2005 and is expected to top $100 billion by 2010, thanks to investors like Richard Branson and George Soros, GE and BP, Ford and Shell, Cargill and the Carlyle Group. Renewable fuels has become one of those motherhood-and-apple-pie catchphrases, as unobjectionable as the troops or the middle class.
But several new studies show the biofuel boom is doing exactly the opposite of what its proponents intended: it’s dramatically accelerating global warming, imperiling the planet in the name of saving it. Corn ethanol, always environmentally suspect, turns out to be environmentally disastrous. Even cellulosic ethanol made from switchgrass, which has been promoted by eco-activists and eco-investors as well as by President Bush as the fuel of the future, looks less green than oil-derived gasoline.
Meanwhile, by diverting grain and oilseed crops from dinner plates to fuel tanks, biofuels are jacking up world food prices and endangering the hungry. The grain it takes to fill an SUV tank with ethanol could feed a person for a year. Harvests are being plucked to fuel our cars instead of ourselves. The U.N.’s World Food Program says it needs $500 million in additional funding and supplies, calling the rising costs for food nothing less than a global emergency. Soaring corn prices have sparked tortilla riots in Mexico City, and skyrocketing flour prices have destabilized Pakistan, which wasn’t exactly tranquil when flour was affordable.
Biofuels do slightly reduce dependence on imported oil, and the ethanol boom has created rural jobs while enriching some farmers and agribusinesses. But the basic problem with most biofuels is amazingly simple, given that researchers have ignored it until now: using land to grow fuel leads to the destruction of forests, wetlands and grasslands that store enormous amounts of carbon.
Backed by billions in investment capital, this alarming phenomenon is replicating itself around the world. Indonesia has bulldozed and burned so much wilderness to grow palm oil trees for biodiesel that its ranking among the world’s top carbon emitters has surged from 21st to third according to a report by Wetlands International. Malaysia is converting forests into palm oil farms so rapidly that it’s running out of uncultivated land. But most of the damage created by biofuels will be less direct and less obvious. In Brazil, for instance, only a tiny portion of the Amazon is being torn down to grow the sugarcane that fuels most Brazilian cars. More deforestation results from a chain reaction so vast it’s subtle: U.S. farmers are selling one-fifth of their corn to ethanol production, so U.S. soybean farmers are switching to corn, so Brazilian soybean farmers are expanding into cattle pastures, so Brazilian cattlemen are displaced to the Amazon. It’s the remorseless economics of commodities markets. “The price of soybeans goes up,” laments Sandro Menezes, a biologist with Conservation International in Brazil, “and the forest comes down.”
Deforestation accounts for 20% of all current carbon emissions. So unless the world can eliminate emissions from all other sources–cars, power plants, factories, even flatulent cows–it needs to reduce deforestation or risk an environmental catastrophe. That means limiting the expansion of agriculture, a daunting task as the world’s population keeps expanding. And saving forests is probably an impossibility so long as vast expanses of cropland are used to grow modest amounts of fuel. The biofuels boom, in short, is one that could haunt the planet for generations–and it’s only getting started.
http://www.guardian.co.uk/environment/2008/apr/01/biofuels.energy
Analyst Predicts Corn Rationing In 2008
http://www.chron.com/disp/story.mpl/ap/fn/5662307.html