Skip to comments.CCX and Gorebal Sachs
Posted on 05/15/2010 6:01:16 AM PDT by bray
Because of the increase of wickedness, the LOVE of most will grow cold. Matt 24:12
As a pure capitalist I can understand why everything has a value and people have the right to earn a profit from any idea that has merit, but the field has to be even and ethical, algore fails on both points. His development and exploitation of Global Warming and the Chicago Carbon Exchange should have him investigated for fraud and racketeering. This is the biggest scandal the world has ever seen yet since the powerfully connected are involved is being whitewashed. We have everybody from Goldman Sachs CEO and US Treasury Chairman Hank Paulson to Premier Obama and everyone in between. The GW Sheep believe they are saving the planet by limiting their footprint while the wolves are having lamb chops to the tune of Trillion$ w/the Big Bad Gore looking to become a multi-Billionaire if hes not already.
Algore set up a company after his crockumentary, called Generation Investment Management which was a company to profit on the sale of Carbon Credits. He conveniently set it up off shore in London to escape SEC and IRS issues and its now worth over 2 Billion. One of the co-founders was Hank Paulson who later became the US Treasury Secretary. At the time he was the head of Goldman Sachs as well as another GS exec named David Blood so between them they generated over $200 Million in seed $$ to get his fleecing company off the ground. There are 7 major GS execs on the board of GIM funneling $$ into this company. It is essentially a brokerage house that extorts companies for Carbon Credits. They were and are banking on Cap and Tax making this into a $10 Trillion a year company making them Billions. This is what GW is about and all its about.
GIM is the company which launched the Chicago Climate Exchange and is the largest investor outside of GS. The CCX has now branched into sister companies which are now headquartered in both CA and NY taking advantage of their Cap and Tax laws, thank you Arnold. If this law is passed in the entire Country these companies stand to make fortunes beyond anything the world has seen. Everything you buy, eat or drive will have a bill attached directly from CCX-Gore. There will be no escaping it and the structure is in place to take everything you have to go into his greedy conglomerate.
Right now CCX has over 80 clients signed up who have voluntarily agreed to buy these phony carbon credits. Companies like DuPont, GM, Ford, Amtrak, Storenso and most of the energy giants. They have agreed to lower their CO2 production below 2000 levels and any amount above that level must be offset by carbon offsets. The next years contract is for lower levels and keeps reducing year by year whether their production increases or not. This is pure expense for absolutely no benefit other than not being extorted by their environazis friends who will protest and damage their Names as environmental villains. Egore has taken extortion to a level the Gambino family could only dream.
When it comes to corruption GS knows how and who to grease. They gave over $30 million during the last decade with ¾ of it going to the DNC, which allowed them to have their CEO named Treasury Sec by Bush. How convenient he helped develop TARP and saved GS while letting Bear Stearns die. They gave over $1 Million to obozos campaign and over 100K to Lieberman while Kerry received $350K who are now sponsoring Cap and Trade, wonders never cease. There really isnt any question there is corruption flowing throughout the Sinate, its just a bit shocking how tied together they are. While the Sinate are grilling GS about selling hedge funds like it had anything to do w/the meltdown, these flimflam artists are putting up a Bill to bury us under 6 feet of fraud.
How anybody can be foolish enough to believe that GW is anything other than a scare tactic to separate you from your bank account must have already lost a bundle to a Nigerian Prince. Algore is the biggest crook to ever walk the face of our precious planet. No wonder hes afraid of the oceans rising since he would leave a ring. He makes Madeoff look like an altar boy although he was trained by Ken Lay and has taken his theft worldwide. Where is the outrage of stealing this kind of $$ from working people although our Premier hopes it will redistribute wealth through charging the wealthy while paying the electricity to the poor. That and the $Million in contributions to make this happen. None of that matters when everything you buy costs more due to higher energy costs so the poor get hurt worse.
This is a very powerful and corrupt nexus between GS and gummit w/algore making a huge profit in the middle. Goldman has bought and paid for the District of Corruption to make CCX become their multi-Trillion $ cash machine. They have combined w/the scientists who invented this fraud and continue to promote it for their own selfish gain. There is absolutely no such thing as GW caused by CO2 so this is pure Snake Oil to make these people wealthier and enslave US. This needs to be investigated by a special prosecutor to get to the bottom of who and how GIM and CCX was able to promote this fraud and how much did they know about the falsifying of data to continue their charade. We need to investigate the connection between CCX and GS and how much does that marriage have to do w/the promotion of Cap and Tax. This crime has cost us Trillion$ and if able to continue those $$ will be multiplied 1000 times. Finally, we need to investigate Gore to find out what he knew and how much of this scandal is his doing. Its obvious he is up to his double chin in this manmade Global Fraud. While the District of Corruption points their fingers at BP they are bought and paid for by ecofrauds like GIM, CCX and Gore who give capitalism an oil slick.
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“This is a very powerful and corrupt nexus between GS and gummit w/algore making a huge profit in the middle. Goldman has bought and paid for the District of Corruption to make CCX become their multi-Trillion $ cash machine. “
More and more people have become aware of this? Will we stop them?
Excellent analysis. You ought to feed that to Glenn Beck.
Thanks Doc, I plan to. I imagine he already knows this.
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Great information! I don’t see, though, how anyone as fundamentally stupid as Al Gore (unless it’s an act?) could be anything like a linchpin. The only actual intelligence he shows is to refuse to debate anyone who knows any science — and I’m not sure that’s intelligence as much as animal cunning (or instructions from above?).
This is not new. During the French Revolution there was explicit replacement across the country of the Christian church with an environmental religion. I believe incited by JJ Rousseau, but that can be researched. Likewise the Soviet Union forbade Christianity, the Party was the replacement.
Not that the heirarchy of the Christian churches, both Catholic and Protestant, haven't brought it on themselves by not speaking out (exactly like GWB by the way) on what they stand for, and exposing the forces of Christian demoralization. We see this complicity constantly in Methodist and Presbyterian pulpits; and somewhat surprisingly (to me), find a little more fundamental effort in the Catholic Church.
In any case though Mammon (human ego and greed) is going to insinuate itself into any human institution. As apparent in the Chicago Carbon Exchange.
Exactly right and have been saying that for a long time:
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algore is the marketing face while GS runs the fraud. Until recently he was the High Priest of GW. This information was never supposed to get out before Cap & Tax passed.
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Thanks steely, your doing God’s work.
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Excellent braying by bray with this tie in with Gorebull Warmer and Goldman Sachs.
Glenn Beck needs to monitor Free Republic for excellent data.
It is a new religion based on zero science and new economics based on how to use the Gorebull warming Ponzi scheme to destroy America.
Thanks Gramps, glad you liked it.
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“It is a new religion based on zero science and new economics based on how to use the Gorebull warming Ponzi scheme to destroy America.”
while profoundly enriching Gore, Goldman Sachs, and the Obamunist.
Love the use of ‘Sinate’ ... the entire crew seem to believe God will ignore their treachery because they’re ‘special’.
“while profoundly enriching Gore, Goldman Sachs, and the Obamunist, and their puppet masters like George $oreA$$!”
You had some excellent research for the Braying this week.
Try $inate and $inator’$. They sell their souls and our freedom everyday for $’s.
I’ll wager Soros is in for the biggest cut of all.
” Algore set up a company after his crockumentary, called Generation Investment Management which was a company to profit on the sale of Carbon Credits. He conveniently set it up off shore in London to escape SEC and IRS issues and its now worth over 2 Billion.”
doesn’t he know it is patriotic to pay all the taxes you can? ... VP Joe Biden
ITEM Non-stop socialism
ITEM Nationalized healthcare that broke the bank
ITEM Greece paid Goldman Sachs $300 million in fees for arranging the toxic 2001 transactions, according to several bankers.
ITEM Witness the extensive political power of dominant public sector unions....rioting in the streets, bringing the gov't down.
ITEM Ohaha reflexively bails out anything that has a union.
ITEM "Professor Ohaha" knows nothing about int'l finance. But Wall Street Rahm Emanuel sits in OUR WH.....AND is a G/S toadie.
Goldman Sachs Will Be Sitting Pretty With Emanuel in the Obama White House
Timothy P. Carney, Examiner Columnist, November 21, 2008
EXCERPT Goldman Sachs always has clout in Washington, as evidenced by the firms alumni serving as Treasury secretaries under both Presidents Bush and Clinton. Today, in these tumultuous times of bailouts and meltdowns when the investment banking leviathan needs Washington more than ever before, Goldman can leverage its most valuable asset yetincoming White House chief of staff Rahm Emanuel. Traditionally a Democratic booster, and one of Barack Obamas top sources of funds in this past election, Goldman has always had some particularly strong allies within government.
Emanuel is one such ally.
An interesting early chapter in the Goldman-Rahm Emanuel relationship occured during Bill Clintons 1992 presidential campaign. Clinton hired Emanuel as his chief fundraiser. At the same time, however, Emanuel was on the payroll of Goldman Sachs, at $3,000 per month to introduce us to people, in the words of one Goldman partner at the time.
In his four terms in Congress, Emanuel raised $74,750 from Goldman, making the firm his number four source of funds.
How has Emanuel helped Goldman? The most obvious answer, as mentioned in this column two weeks ago, is in Emanuels lead role in shepherding the $700 billion bailoutfirst proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulsonthrough the skeptical House.
In the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout.
Did Goldman improperly funnel money to the Clinton campaign by subsidizing Emanuels salary in 1992? Did Goldmans help to Clinton spur the Democratic president to push NAFTA and the Mexican bailout? The answers to these questions are opaque, and with Emanuel burrowed deep within the Obama White House, the continued relationship between Goldman Sachs and Obamas right hand man wont be easy to follow.
CLUES Watch which regulations of Wall Street Obama fights for. Watch where the bailout money goes.
Thanks for the headsup.
Great work bray,
If they can convince the public and push through Cap and Tax based upon the premise that CO2 is a pollutant (especially after climategate) there is nothing and I mean nothing they can’t get away with. The whole premise is laughable on its face.
This entire cabal as you noted needs to be investigated and when the obvious fraud is exposed thrown in jail to rot.
$oreA$$ is not only laughing all the way to the bank, he is probably buying controlling interest in many or has it since his buying the election for 0haha00001
Bray like you does some excellent research with the references.
Thanks for the ping!
Reminiscent of a scandal during LBJ’s reign involving ‘remtal’ of some tanks that were in reality either non-existant, or sitting idle in storage...
Thanks for posting this bray — Beck was discussing the role that Franklin Raines and Fannie Mae has also played in this dirty business. Apparently, a few years ago Fannie spent money to obtain the patent on technology meant to monitor individual residential carbon use that they knew would eventually be highly lucrative when Cap and Trade went through.
Thursday or Friday, Darrell Issa and another member of the oversight committee in the House demanded information from Fannie regarding these transactions and all communication associated with it.
This scandal runs deep and is very complex.
Thanks Wolf, like Beck I try to keep it simple enough for me to understand which lets everybody understand too. this is the heart of liberalism and is pure corruption and greed.
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