Posted on 08/18/2015 6:55:22 AM PDT by SeekAndFind
I have always believed that global warming is a gigantic scam, driven by greed and lust for power. Now comes the shocking news, via Steve Milloy writing on Breitbart, that following President Obama’s use of CO2 emissions as a weapon to drive major coal companies near bankruptcy, the ultimate politically connected speculator George Soros is buying up stock in major coal producers on the cheap.
I predicted in this column last week that the left wasn’t going to kill off the coal industry so much as it was going to steal it. That prediction is already becoming true courtesy of billionaire George Soros.
U.S. Securities and Exchange Act filings indicate that Soros has purchased an initial 1 million shares of Peabody Energy and 553,200 shares of Arch Coal, the two largest publicly traded U.S. coal companies. As pointed out last week, both companies have been driven perilously close to bankruptcy by the combination of President Obama’s “war on coal” and inexpensive natural gas brought on by the hydrofracturing revolution.
Under the hypothesis that not even socialists would leave trillions of dollars worth of a perfectly safe and clean energy source in the ground for the sake of the imaginary “climate crisis,” I posited that once the existing coal industry ownership was wiped out by President Obama’s regulatory onslaught, a new politically correct ownership would rehabilitate the fuel by contributing to Democrats.
Enter George Soros, a hardball investor and philanthropist to myriad left-wing causes, including the activist and “clean energy” rent-seeking movements that have helped take down the coal industry. In 2009, for example, Soros announced he would spend $1 billion in “clean energy” technology and create a San Francisco-based advocacy organization called the Climate Policy Initiative.
(Excerpt) Read more at americanthinker.com ...
more likely soros tell's obunga "I'm going to drive down the coal mine stocks & you're gonna help me by threatening to shut down coal & nat gas generators, dump tons of EPA regs on energy producers, threaten to implement cap & trade, and scare everybody with the global warming scam.
in the meantime Soros shorts and naked shorts the coal producers and frackers into bankruptcy.
then he buys the stock back after the company & it's employees have been destroyed. (not to mention the economic fall out to the economy)
Let's make up a phony “science” scam that will appeal to schoolkids and Leftwing environazis to make people thing that coal is bad...and get this...we'll pretend that CO2 is actually harmful!
The public doesn't know the difference between carbon monoxide and CO2, so it will be easy to pull the wool over their eyes.
Make sure that no govt grants are issued unless that say that CO2 is VERY bad.
Cause a media blitz showing shills like Bill Nye the Anti-science Guy, sour grapes political loser Al Gore and a few “scientists” to say that our scam is real for a couple decades.
Socialist politicians will love the hoax and make laws to shut down coal plants.
When they start shutting down the price of coal will plummet and we can buy coal cheap!
Then we say that we were wrong all along and CO2 is OK.
We'll make billions!!!!!
...Oh no! It's already been done.
Soros vs Trump. How about a list of comparison?
by James Rosen August 20, 2009
http://www.foxnews.com/politics/2009/08/20/loan-brazilian-oil-company-riles-conservatives-favor-offshore-drilling/
President Obama has opposed any expanded oil drilling off American shores largely on environmental grounds.
But now Obama may start hearing cries of "foul" after the U.S. Export-Import Bank promised Petrobras, Brazil's state-owned oil company, $2 billion in loan guarantees to help finance lucrative drilling off the shores of Rio De Janeiro.
Some see a contradiction in an executive branch agency, facilitating abroad the very kind of energy exploration Obama opposes domestically.
Then there is the George Soros angle.
The New York-based hedge fund firm controlled by the billionaire philanthropist and backer of Democratic causes and campaigns bought and sold millions of shares in Petrobras -- the largest of the firm's holdings -- prior to public disclosure of the Export-Import bank's offer of new credit guarantees to the Brazilian energy giant.
Some say the transactions do not pass the "smell test."
Soros has already been convicted of this stuff in France.
Are all democrats on the take?
The next president needs to nationalize Soro’s holdings in this country and then turn them back over to american shareholders.
Criminal democrats, fascists.
This guy has screwed up the economies of entire countries -Everbody is going to just let him go right on causing financial ruin world-wide while enriching himself?
I don't get it.
The list, Ping
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Well, since Soros is the man behind the curtain telling Ophonybama what he must and must not do, what else should we expect?
“Probably Soarass just recognizing the next POTUS likely to reverse Ø’s/his efforts of the last 7 years, so why not profit from that. Too.”
First thing that crossed my mind too.
“Some say the transactions do not pass the “smell test.”
How could it? The fix was in, and so transparent as to be laughable.
If I am not mistaken, I think that he was once sentenced in absentia to death in Malaysia for economic sabotage.
Enjoy it now Soros. The grim reaper and Lake of Fire await you.
"You done good, Li'l Puppet."
So, am I to assume this is now a good investment? At a $1.18 a share, this is an easy purchase if there is money to be made.
I would tread lightly on this one.
Probably a more likely scenario than mine. More sinister, but more accurately portrays the way Soros operates. Thanx.
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