Cap – n – Trade Scam

Cap-and-trade is a the big brother government telling heavy industry what amount of pollution and carbon they can throw into the air. When said company goes over the amount, they must buy offsets from another company. The theory is that companies will keep emissions low not to pay the money. Not that the company would not pass this cost on to the consumer, let us not get reality in the way of a feel good plan. When President Barack Obama returned from G-8 summit he knew that China, Mexico and other countries would not limit emissions. This makes another part of this program seems silly, as we are the only one playing. Why then is the government ready to do it, well turns out the place where offsets purchases will be made will be the Chicago Climate Exchange, who is from Chicago? Do you know who owns a 10% share in the Chicago Climate Exchange, Goldman Sachs. If you want to follow the money, even further Goldman Sachs employees donated a cool million to the President Barack Obama campaign. The plot can thicken if you would like another company that will see carbon offsets is called Generation Investment Management this is a London-based company with offices in Washington, D.C. The company chair is Vice President Al Gore himself. The D.C branch is headed by a former Vice President Al Gore staffer and fund-raiser, Peter S. Knight. This is rich and if it gets through Al Gore and Goldman Sachs will get richer while the little keeps getting squeezed out of every cent they left that has not already been taxed.

G.I. Joe: The Rise of Cobra Movie Debut 23 days
Inglorious Bastards Movie Debut 37 days
Election Day 2009 112 days
Days until 2010 – 172 days
Calgary Winter Olympics 221 days
Days until a New President 1286 days

National Debt 7/13/1999    5,625,005,258,555.97
National Debt 7/13/2009    11,525,392,902,001.60

Leave a Reply