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This is so major, I'm changing my tagline:

Obama’s CCX air selling scam: $100 trillion in 10 years.

Richard Sandor [CCX founder]: with Cap & Tax, CCX could profit by “$10 trillion a year”. EVERY year. Money that would be drained from our economy to produce nothing. Big money leftists took Sandor seriously enough to invest trillions in his CCX scheme. Al Gore's GIM pumped in a trillion. Goldman Sachs bought up the same amount of shares. And Obama’s Joyce Foundation got the ball rolling with start-up money. Fraudster Extraordinaire, Franklin Raines [of Fannie Meltdown Fame], also wormed his way into this air selling scam with his secret weapon: Scott Lesmes.

CCX sells air [CO2 ‘carbon offset’ credits]. If you don't realize by now what a scam that is, you have a little catching up to do. Check out the key word, ‘climategate’.

What about President 0? He was on the Board with the Joyce Foundation, along with top 0 adviser, Valerie Jarrett [she still sits on the Board]. According to Glenn Beck, it was Barack Obama who “secured the initial funding” for CCX [while seated at Joyce]. The Joyce Foundation sent start-up grants to CCX. [Joyce is huge — it also funds the Soros TIDES Foundation.] President 0 was in it from the get-go.

Beck regarding Joyce: “Think of it as a place where uber-rich and powerful liberals like to dump their money into, so the cash can be spread around to their pet projects without a direct link.”

Al Gore's GIM wanted in. [Generation Investment Management]. They pumped a trillion bucks into CCX. [But that only makes them #5. Four other investors heaped even more into this scheme. But this ties in some other Sachs cronies: David Blood, Mark Ferguson, and Peter Harris.]

Through Joyce, Team B.O. also sneaked cash over to the brother of unrepentant Bomb Terrorist, Ayers. That on its face is sleazy as sin. Bill Ayers said he didn't do enough. He tried to murder women of military officers, he incited a riot, he tried to murder all kinds of people with bombs [and yes, his terror group — the Weathermen — did succeed in murdering innocent victims]. But after thousands of professors, school teachers, and the like signed a petition of solidarity with their beloved terrorist, Ayers recently tried to claim that his bomb-terror group was not terrorist. [But I digress. Back to CCX.]

Glenn Beck bemoaned an under-reported piece by the Financial Times: U.S. is preparing to pivot from domestic regulatory reform to push for a tough new international capital regime. That's what this is really all about. These big time con men want to nail down election-proof profits and power. For decades, they fear mongered, first with dire warnings of an ice age, and then with false prophesies about “global warming”. But they need to move quickly. The Climategate Scandal, combined with the cold winter, have been ripping their hard work to shreds. The internet is revolutionizing mass communication. Every laptop has the potential to be a small newspaper unto itself, what Colonials called a “printing press”, but on steroids beyond the wildest fancies of our Founding Fathers.

If the global con men fail now, they know the gravy train is over.

So our “champion of morality”, Senator Chris Dodd, seeks to meet out vengeance on Wall Street. [Forget the fact that he's being hounded into retirement by his scandal ridden past — he's a righteous crusader — got it?]

Sen. Chris Dodd, D-Conn.: “Here we are, 17 months after someone broke into our house in effect and robbed us ... and we still haven’t changed the locks on the doors.”

Glenn Beck's response: “You’re right, Chris: You have to change those locks. But the other thing to make sure of is that the people you are calling to change the locks aren’t the same ones who were involved with the robbery in the first place.” [Never forget the role democrats played in preserving the Fannie/Freddie debt scam. Chris Dodd was key in that.]

Beck went on to describe G. Sachs infiltration of the government. Sachs is everywhere in D.C., including the Obama Administration. [1] That's how they make the big bucks, not by improving goods and services, not by inventing anything, but by gaming the government. That's where you find the easy money.

The Sachs show-trials are just another con. Sure, President 0 might throw them under the bus [a guy who won't give his Hut-Sweet-Hut brother $20 or a welcome mat — he has ice water in his veins], but don't be fooled — B.O.’s been part of this sleazy wheeler-dealer machine for years.

And you can bet your bottom dollar, if there's a scam to sell air for $10 trillion a year [assuming we get Crap & Tax], G. Sachs wants in. Sachs itself owns 10% of the CCX air-selling scam [kind of like an infernal tithe].

Beck went on to remind us that small-time Enron also lobbied “heavily” for crap & tax.

Barack Obama: “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.”

Isn't that wonderful? Force us to buy air, force us to curb energy consumption, and turn us into a bunch of pathetic peons while Obama and his cronies get stinking rich. Why? In the name of “Global Warming”. Do it for the drowning polar bears.

And by the way, if you want to see green energy implemented, take a look at Spain. They tried it. Green jobs is a disaster. For every green job you create, you lose two real jobs.

Glenn Beck: “ ... as Time unwittingly described the creation of Chicago Climate Exchange, it ‘creates something out of nothing.’ There is no value behind the market.”

And don't forget — Joyce gave money to John Ayers, brother of President 0’s terrorist-buddy. Bill Ayers reportedly ghost-wrote a book for Obama, just to show how tight those two are. [2]

For CCX to be a monopoly, it needs a patented invention. The CO2 measuring device was developed by CEO Carlton Bartels. He was killed by the 9-11 attacks [may he rest in carbon pieces], and his widow sold the invention to Franklin Raines [whose Fannie accounting fraud helped pave the way for our economic meltdown]. As Fannie CEO, he had a fat leftist piggy bank to speculate in something like this.

Beck: “The patent was eventually approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — coincidentally the day after Democrats took control of Congress. ... So now, Fannie Mae, who is congressionally mandated to ‘make housing more affordable,’ is poised to reap billions on a system that has nothing to do with housing except for that it would make housing costs go up. That’s great. Remember when Fannie purchased risky mortgages from banks, bundled them together and sold to investors as mortgage-backed securities? And then the housing market was absolutely destroyed? Well, former Fannie VP Scott Lesmes was responsible for that bundling. Well, here’s the good news: Not only will this new carbon trading ‘system’ try the exact same bundling method (except with air); they are using the exact same guy: Scott Lesmes.”

[1] Partial List of Goldman Sachs power brokers in D.C.:
William C. Dudley [president of the Federal Reserve Bank of NY, fmr. partner and managing director at G. Sachs.]
Gary Gensler [chair of Commodity Futures Trading Commission; 18 years w. G. Sachs]
Mark Patterson [chief of staff to Tim Geithner; fmr. G. Sachs lobbyist]
Philip Murphy [ambassador to Germany nominee; fmr. G. Sachs exec.]
Diana Farrell [deputy director of National Economic Council; past w. G. Sachs]
Emil Michael [White House fellow; fmr. investment banker w. G. Sachs]

[2] Note the exhaustive reports by Jack Cashill regarding Bill Ayers, Obama, and Dreams.

Research info: Sachs-Joyce-Foundation-CCX-partners-to-fleece-USA

157 posted on 05/01/2010 12:37:31 PM PDT by Arthur Wildfire! March (Obama's CCX air selling scam: $100 trillion in 10 years. See profile.)
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To: Arthur Wildfire! March

Selling air is a great racket, isn’t it.

Beck has really covered this well, this week.

There will be a day of reckoning and it will not pretty!

Be Ever Vigilant!

159 posted on 05/01/2010 1:22:22 PM PDT by blackie (Be Well~Be Armed~Be Safe~Molon Labe!)
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