Skip to comments.Cap and Trade is Another Big Payoff to Obama’s Supporters
Posted on 07/15/2009 10:35:59 AM PDT by Starman417
Al Gore and Wall Street traders will rake in millions of OUR MONEY while the cap and trade plan won't do a thing to help the environment!
Obama's cap and tax scam isn't just a payoff to the environmental lobby, or the big government liberals salivating over the gold mine of new tax revenue they can use to buy more votes. Nope! The cap and trade scam will be a huge financial payoff to the rich Wall Street traders who overwhelmingly backed Obama in the presidential election.
It's no secret that the security and investment community gave the majority of their campaign contributions to Democrats in 2008 and Obama in particular. But less noticed is that the investment firm Goldman Sachs, which gave 75% of their contributions to Democrats and was a major donor to Obama's campaign stands to rake in billions if the cap and trade plan Democrats are pushing in Congress becomes law.
Matt Taibbi writing at Rolling Stone exposes "how Goldman Sachs has engineered every major market manipulation since the Great Depression - and they're about to do it again."
Bill O'Reilly does an excellent job of distilling this story down to it's essentials:
[video at site]
(Excerpt) Read more at floppingaces.net ...
Carl Marx and Vladimir Lenin?