PART ONE first published as Obama's Political Payback: Green Corruption –– Part One on Blogcritics.
Article first published as Obama's Political Payback: Green Corruption –– Part Two on Blogcritics. Author: Christine Lakatos — Published: Aug 08, 2010 at 9:14 pm
CAP-AND-TRADE: THE REAL POT OF GOLD AT THE END OF THE CLIMATE RAINBOW
Let me be clear, this is not a debate on whether or not the globe is warming or is going to blow up if we keep breathing. And to be clearer, protecting our environment, energy independence, and doing more to “green” our planet are worthy and necessary endeavors, which most of us on the Right wholeheartedly support. However, at heart of the U.S. climate legislation –– Obama Climate –– is Cap-and-Trade, which passed the House June 26, 2009 (H.R. 2454). In essence the government sets limits on the amount of carbon dioxide (CO2) a company can emit. The limits are called a “cap.” If a company has to exceed the limit, it is allowed to buy “credits” from companies that pollute less. This transfer is the “trade" –– pollution trading, wow, another human invention! Companies selling their credits under this elaborate accounting system can expect to prosper, including many involved in this Climate Scam.
Considering last summer and into the winter of 2009 the Obama administration was bogged down with their massive takeover of our health care system –– deceiving Americans as to the content and the cost. And as they continue scrambling to fix a drowning economy and high unemployment raging across the nation, the Democratic leadership have been "unable to sell cap-and-trade as a job creator," knowing that Americans "see it as a job killer and a costly energy tax." So in December 2009 the Obama administration decided to go through the Environmental Protection Agency (EPA) to move their climate agenda via the Clean Air Act, ruling that “greenhouse gases threaten public health and the environment" and six key greenhouse gases were listed, including carbon dioxide (C02), opening the "regulation door" to carbon emissions from automobiles, power plants, and other sources.
In May 2010, the Senate climate bill was unveiled by Senators John Kerry and Joe Lieberman –– the American Power Act –– and just a couple of weeks ago Senator Harry Reid's "energy and oil spill response legislation" has been floating around, which according to the author of the bestseller Climate Gate, Brian Sussman, "[it] contains a clot of overpowering government spending and social engineering." Furthermore, recent reports are claiming that "cap-and-trade is dead" (kind of like the public option in ObamaCare), while rumors have surfaced that the Democratic leadership plan on using more of their Chicago-thug-style political tactics as they did to make ObamaCare law of the land –– this time a more cowardly method, “a lame-duck session.”
With so much at stake for many in this Climate Scam, even if the planet blows up, they will get their cap-and-trade, or a version of it –– a legislation that they helped create, shape, facilitate, lobby, testify, and will continue to push for because at the end of the day, they will ultimately benefit from it –– big time! And if a Senate bill passes and is reconciled with the tougher cap-and-trade House version, most economic analysis confirm that it will hurt the economy, raise taxes, and kill jobs. Even candidate Obama in 2008 stated, "Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket."
TWO MAJOR PLAYERS IN THIS CLIMATE SCAM: AL GORE AND JOHN DOERR
As outlined in Green Corruption, Part One, the Obama administration has already approved numerous "green" government contracts to the heavyweight Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers (KPCB), of which we already know that Al Gore and John Doerr are both partners. Billions of taxpayer dollars from the Obama Green Stimulus and other government loans and grants are funding KPCB's "green" projects and ultimately their pockets.
Obviously, government favoritism is at play here and it goes further than KPCB, leaving out a host of companies that offer green energy technologies who are ready to make a positive impact on our environment. It's a disease within our political structure –– the all too familiar and ugly evolution of "crony capitalism," spewing out of both political parties. However, most of the players in this scam are connected to the party in power –– the Democratic leadership –– so it will move ahead as planned, unchecked.
Ironically, in April 2009 when Gore testified in a hearing before the House Energy and Commerce Committee, he was confronted by Congresswoman Marsha Blackburn (R-Tenn.) about his financial interests in, at that time, to the pending cap-and-trade legislation. What’s funny about this interchange is that Blackburn, citing an October article by the New York Times Magazine about Kleiner Perkins, asked Gore, "Are you aware of that company?" Gore, laughingly said, “Well, yes, I’m a partner in Kleiner Perkins.” Blackburn then noted that “they [Kleiner Perkins] had invested about a billion dollars in forty companies that are going to benefit from cap-and-trade legislation,” and she asked, “Is the legislation that we are discussing here today; is that something that you are going to personally benefit from?” Blackburn also asked, "Are you willing to divest yourself from any profit?"
Gore sidestepped the questions and took a somewhat defensive posture, claming that "every penny" that he has made from "green" –– his movie, book and investments in renewable energy –– goes to his non-profit organization, "the Alliance for Climate Protection to spread awareness."
Spread awareness. Hmm, OK we'll move ahead because more significant is the fact that Congresswoman Blackburn was onto something big!
OBAMA'S GREEN TEAM
Early in his presidency, Obama put together his Green Team and it comprised of a well-respected scientist as well as an array of global- warming activists, progressives, and left-wing radicals like Van Jones, who is part of the Apollo Alliance –– the left-wing group that helped draft the "green" in the 2009 stimulus package (ARRA).
At this point we'll take a peak at Gore's "awareness" organization. Coincidently, the Assistant to the President for Energy and Climate Change is Carol Browner, who prior to her position in the Obama administration was a board member of the Alliance for Climate Protection. In fact, Browner and Gore go as far back as the late 80’s and early 90’s when she worked as legislative director for then Senator Gore. Browner also spent time on the board of the Center for American Progress (CAP) –– the Soros-funded liberal organization –– and according to Bloomberg.com, "a squadron of CAP experts" worked with president Obama's transition team. Looking deeper into CAP you'll discover it's an organization very popular with the Apollo group as well as being the middle of the green movement. Additionally, despite Browners' controversial ties to Socialistic International –– a worldwide organization who “seeks to establish democratic socialism" and other radical ideas like "global governance," she was still "chosen" as Obama's Climate Czar.
Also, Cathy Zoi served as the CEO of the Alliance for Climate Protection until she was appointed as the Assistant Secretary for Energy Efficiency and Renewable Energy (EERE) –– positioning her to “manage the U.S. Department of Energy's $2.3 billion applied science, research, development, and deployment portfolio.” Moreover, Ms. Zoi “oversees EERE's $16.8 billion in funding under the American Recovery and Reinvestment Act.”
Apparently, "a number of former Venture Capitalists (VC) jumped ship last summer and are now executing President Obama’s green power policy," including Jonathan Silver, who in November 2009 Energy Secretary Stephen Chu announced him as a new team member of the Department of Energy (DOE). Silver is now the Executive Director of the Department's loan program office and oversees the U.S. Department of Energy's Loan Guarantee Program that was "kicked into high gear" with the Obama administration, as well as the $25-billion Advanced Technology Vehicles Manufacturing (ATVM) loan program, both discussed in Green Corruption Part One.
Evidently, the VC guys as well as the folks from the Alliance for Climate Protection and the Apollo Alliance have the ear of the president, influence over legislation, and other areas on the "green front," and despite the obvious conflict of interest, many are now in charge of deciding who gets billions of "green" taxpayer dollars.
OBAMA'S ECONOMIC ADVISORY BOARD
While it is clear that Al Gore is a heavy weight within political circles, don't underestimate John Doerr's, which dates back to the Bush administration when "Doerr and his team were responsible for getting the 'end-oil-addiction' wording inserted into President Bush's 2006 state-of-the-union address." Currently, Doerr's "hope" is on "the anointed one" and his persuasion was reflected in the stimulus package via his "meetings with Obama's transition team and leaders in Congress" as well as his list of “five recommendations” that included a cap-and-trade system, smart grid, solar, and more federal money to be allocated toward renewable energy –– all of which would benefit his portfolio dramatically. And so it has!
Also worth repeating is that a week prior to enactment of the stimulus package, Obama announced his Economic Recovery Advisory Board (PERAB), "to provide him and his staff with independent advice," of which we know that Doerr is one of the "chosen." However, another "chosen" PERAB board member is Anna Burger, a top-ranking officer at SEIU, whose profile brags that she "led SEIU's grassroots election work, which helped elect President Barack Obama." Ms. Burger is also connected to the Apollo Alliance and is Chair of Change to Win, a "union-united" organization that endorsed Senator Obama as "the American Dream Candidate."
Edward John Craig in his May 2009 article on National Review Online, Thick as Thieves, commented on the so-called advisory board, “Of the 16 [PERAB] members only one (Martin Feldstein) opposes cap-and-trade. At least six expect direct financial benefits from cap-and-trade and the remaining members are either Obama supporters or union representatives.” Sure enough, June 17, 2009 the PERAB voted 15-1 in favor of submitting a memo to Obama that, of course, consisted of "endorsing" cap-and-trade.
JOEL ROGERS: "THE WIZARD" OF THE GREEN MOVEMENT
Furthermore, the typical cap-and-trade proposal seeks to reduce CO2 emissions by 17% by 2020 and over 80% (below 1990 levels) by 2050 compared to 2005 levels. Worth noting is that The Center for Data Analysis at The Heritage Foundation "analyzed a proposal to cut CO2 emissions by 70 percent" and concluded that "such a cut would have little impact on global temperatures."
Since The Heritage Foundation leans to the Right, you'll want to meet Joel Rogers from the far, far Left, who was the co-founder of the 1992 Marxist New Party –– a political party, whose "members hailed from the Democratic Socialists of America (DSA, still alive today) and the militant organization ACORN." Interestingly, all three of the aforementioned organizations "endorsed" Obama at one time or another, but I digress. Rogers is also connected to other left-wing groups and is known as an "anti-capitalist" and "The Wizard" of green movement. In fact, Rogers started a new "green" organization in 2008 –– Emerald Cities Collaborative (ECC), whose mission statement is “united around the goal of 'greening' our metropolitan areas in high-road ways that advance equal opportunity, shared wealth, and democracy within them.” Recently, Rogers was "praised" by the "radical revolutionary" and "social justice guru" –– the 1990 Self-proclaimed Communist Van Jones –– for his “progressive accomplishments," which includes "a new energy paradigm." Rogers and Jones are key players in this Climate Scam and both are part of the Apollo Alliance, of which two key board members are also on the board of Rogers' ECC. Rogers is one of the four co-founders and current board member, while Jones served on the Apollo board until he was "chosen" to be Obama's Green Jobs Czar, which was short lived. In fact since most of these "green" people are all interconnected through various left-wing political and environmental organizations, you wonder if they ever sleep. Later, more of these associations will be confronted –– Jones and the Apollo Alliance included –– when I attempt to connect the "radical climate dots."
For those that don't give a crap about the hard-core-left wing radicals, who have infiltrated the green movement, listen to what Rogers had to say during The New Green Deal – Take Back America 2008 Conference, in a very revealing speech that should be watched in its entirety, however, highlighted below is Rogers' statement after he downplayed the "money aspect of carbon [trading]..."
You can do everything you want to in the U.S. to reduce greenhouse gases and it won't make much of a dent frankly in world wide climate change...I hope you all realize that you could eliminate every power plant in America today and you can stop every car in America today. Take out the entire power generation sector. Take out all of the transportation sector. And you still would not be anywhere near below 80% below 1990 levels. You would be closer to around 60% it would be around 68% percent and that is with bringing the economy to a complete halt. Basically.Again, debating whether or not CO2 is a toxin causing global warming is not the point of this article –– it's the deception, what's really going on behind the "climate scenes." Stay tuned because the plot thickens –– the notorious “Banksters” Goldman Sachs, the “Godfather of Carbon Trading” Richard Sandor, and others are operating within this Climate Scam.
THE PLOT THICKENS –– MORE GORE AND DOERR CONNECTIONS
Al Gore and John Doerr's –– the "climate duo," whose combined carbon footprint is larger than my entire city –– friendship dates as far back as the 90's. Since being converted to “global warming” by Gore in 2005 with “a convenient hype," Doerr has become a “green evangelist,” with his climate crisis message, “I’m really scared, I don’t think we’re gonna make it.” At the same time Doerr continually markets energy as “the mother of all markets” –– $6 trillion a year worldwide.
As written by Troxler and Brown in their book Killing Wealth, Freeing Wealth, around 2005 Kleiner Perkins had initially invested $100 million into “green” and announced publicly that they would “advocate for policies that reduce the climate crisis and increase energy innovation.” Yet, “within hours of Obama’s victory –– a candidate that both Gore and Doerr had strenuously campaigned for, including financial donations –– Kleiner Perkins had upped their investment in forty-eight clean-energy-technology companies to the tune of nearly $2 billion.”
In 2004 Gore started a company with CEO of Goldman Sachs Asset Management David Blood –– Generation Investment Management (GIM), a “green” and "global warming" investment company valued at $2.5 billion. GIM partners include two other Goldman bigwigs, Mark Ferguson and Peter Harris, with speculation that Treasury Secretary and former Goldman Sachs CEO Hank Paulson is involved somehow, yet I am unable to confirm.
RICHARD SANDOR: THE GODFATHER OF CARBON TRADING
In 2007, GIM and Kleiner Perkins created "an International Alliance to accelerate global climate solutions," and about that time, Gore became a partner of Kleiner Perkins and Doerr joined the GIM advisory board. More compelling, both GIM and Goldman Sachs are two of the largest investors in the cap-and-trade carbon-trading platform that Obama helped get funded back in 2000 and 2001 via the Joyce Foundation. That company is the Chicago Climate Exchange (CCX), which was launched in 2003 and whose founder and CEO Richard Sandor –– the “Godfather of Carbon Trading," another major player in the Climate Scam –– estimates that the worldwide carbon market could be "a $10 trillion a year market.”
If you've followed any of Glenn Beck’s Crime Inc. series, conservative blogs, or caught Deborah Corey Barnes' 2007 article at HumanEvents.com –– The Money and Connections Behind Al Gore's Carbon Crusade –– you’re probably aware that during two of the eight years (1994 to 2002) that Obama sat on the board of The Joyce Foundation (the Chicago-based organization, who is a major donor to radical environmentalist and conservation groups, including Joel Rogers' Emerald Cities Collaborative and progressive movements like Center for American Progress), then Senator Obama voted in favor of the nearly $1.1 million in two separate grants that were instrumental in developing and launching CCX. Also, prior to joining the Obama administration as Senior Advisor and Assistant to the President, Valerie Jarrett served as a director of The Joyce Foundation. During the time funding was approved, Paula DiPerna, the Joyce Foundation's president became the Executive Vice President for CCX.
Furthermore, during Senator Obama's April 2006 “Energy Independence” speech, he even gave CCX a "shout out" –– "Right here in Chicago, the Chicago Climate Exchange is already running a legally binding greenhouse gas trading system," announces the Organizing for America website, the successor organization to Obama for America. Interestingly, in October 2006, then Chicago Governor Rod Blagojevich, in his Executive Order on Climate Change and Greenhouse Gas Reduction, it states, "It is the intent for the State of Illinois to join Chicago Climate Exchange," and sure enough the State of Illinois is a CCX member.
Most are aware that GIM purchased a ten percent stake in CCX and became the company's fifth largest co-owner and in 2006 Goldman Sachs also purchased a ten percent share of CCX for $23 million –– marking Goldman and GIM as the largest investors in the Chicago Climate Exchange. However, what is not known is that Sandor is well connected and even had a hand in shaping the Waxman cap-and-trade bill –– as reported by Bloomberg News in June of 2009, which also confirmed his ties to Obama. Sandor stated, “Obama was on the foundation [Joyce Foundation] that gave us the grant.” “We know him well.”
In addition, in a May 14, 2009 press release by ResourceInvestor.com, Sandor was named as part of a new panel called the Energy & Environmental Markets Advisory Committee (EEMAC), of which Bart Chilton Commissioner of the Commodity Future Trading Commission (CFTC), is also the chair. “This is a distinguished group that will help the agency as we prepare for what could be the most important commodity market ever,” Chilton said. “I know it is sort of rare for government to do a lot of work before a new law is even passed, but carbon markets are too important for us not to get right,” Chilton added.
It must be a Chicago thing, but the Climate Scam is much bigger.
MULIT-BILLIONAIRES MAURICE STRONG AND GEORGE SOROS
CCX board includes a very controversial figure –– Maurice Strong, who has described himself as “a socialist in ideology, a capitalist in methodology” and Strong is another "global warming guru," playing "a unique and critical role in globalizing the environmental movement." According to Canada Free Press, Strong was part of a scandal with Al Gore back in the 90’s and has been known to be working on "anti-American schemes with George Soros as far back as 2006." Canada Free Press pronounces, “All that President Barack Obama is doing to transform America and the Free World over to One World Government begins and ends with one Maurice Strong. Soros is merely the financier.”
Speaking of George Soros, Troxler and Brown open Killing Wealth, Freeing Wealth, heralding Soros “the first of the Killionaires, but not the last” –– and highlight his trail of destruction. Killionaires, the authors state, “Are focused on killing off the wealth of millions to increase their own personal wealth.” And in Soros own words, “I am basically there to make money. I cannot and do not look at the social consequences of what I do.”
According to DiscoverTheNetworks.org, Soros through his foundation Open Society Institute (OSI), has dispensed billions of dollars to a multitude of left-wing organizations, including bankrolling, as mentioned earlier, the Center for American Progress as well as Moveon.org –– the web-based political network that uses its fundraising clout to push the Democratic Party to the left. Apparently, Soros "is one of the most powerful men on earth" and "has long, deep and shady ties to the Democratic Party," more specifically, Hillary Clinton, yet Soros jumped into the political ring with Barack Obama as early as 2004.
But we’ll “move on” because more relevant to the Climate Scam is an organization that Soros happens to be one of the largest donors –– the Tides Center/Foundation, "with a 30-year history in progressive social change work." The Tides Center is a large and frequent recipient of Joyce Foundation grants, who, as noted earlier, funds a lot of "green," lists the Apollo Alliance in their "Project Directory" and recently gave a $175,000 grant to the Tides Center for the “work” of the Apollo Alliance. A tangled financial web is woven in the fabric of the green movement and there's more...
THE NOTORIOUS “BANKSTERS” GOLDMAN SACHS OPERATING WITHIN THIS CLIMATE SCAM
Goldman Sachs is like a parasite, inhabiting, surviving and thriving at the expense of its host –– our political structure, infecting our capitalistic system turning it into a distasteful, dysfunctional, and destructive machine. Goldmanites are also “Banksters” operating within this Climate Scam. In fact, Matt Taibbi in his July 2009 Rolling Stone Magazine article –– The Great American Bubble Machine –– warns that Goldman Sachs is "helping create the next bubble, 'global warming.'” Other economic analysts label it “alternative energy,” yet most predict, and as presented in Troxler and Brown's book, Killing Wealth, Freeing Wealth –– it will be the biggest financial bubble in U.S. history.
Additionally, Taibbi's Rolling Stone Magazine piece and video, exposes Goldman Sachs' "long-standing and very deep ties to the Democratic Party," and their "long history of putting their former employees in Democratic administrations." Sure enough, Goldman Sachs was one of Obama’s leading campaign donors in the amount of $994,795, and they currently occupy high-level important positions in the Obama White House.
Taibbi also reveals that Goldman Sachs “ramped up its push for cap-and-trade" back in 2008 "when their firm spent $3.5 million to lobby for climate issues, pointing out that one of the lobbyists at that time was Mark Patterson, who now serves as Treasury Secretary Timothy Geithner’s chief of staff." Goldmanites also made early “green investments," including wind power, renewable diesel, and partnered with BP Solar” –– BP another major contributor to the Obama campaign, but right now they are in "deep water" with the White House. Goldman Sachs "has invested over $2 billion in alternative energy projects in the US, Europe and Asia" –– a "green portfolio" along with Kleiner Perkins, that should be thoroughly investigated, but we'll take a brief glance.
GOLDMAN SACHS CASHING IN ON THE OBAMA GREEN STIMULUS TOO
As the Climate Scam turns, one of the early investments reported by Taibbi is Horizon Wind Energy –– still on the Goldman Sachs Environmental Markets portfolio, but owned by Portuguese EDP Renewables –– won a $229.8 million grant from the Obama Green Stimulus package, as reported by GreenTechnology.Daily.com in December 2009, pointing out that it was one of the "top grant recipients." The article also notes, "European companies have scooped up the majority of U.S. stimulus money set aside for wind power projects."
Nordic Windpower, funded by Goldman Sachs and Khosla Ventures (and others) –– Vinod Khosla, an affiliated partner of Kleiner Perkins –– in July 2009 announced that it had "received a conditional commitment for a $16 million loan guarantee offer from the US Department of Energy (DOE), supported through the 2009 American Recovery and Reinvestment Act."
U.S. Geothermal Inc. –– an Idaho-based geothermal energy developer with three main projects in the works (San Emidio in Nevada, Raft River in Idaho, and Neal Hot Springs in Oregon) with plans for more –– are a Goldman Sachs investment and they are a 5.98% shareholder in the company.
Back in October 2009, the San Emidio Project, a 3.6 megawatts power plant in Nevada was awarded $3.77 million in federal stimulus money. Also, in February 2010 it was declared that "work has begun" on USG's Raft River Project –– a $10 million Enhanced Geothermal System grant program funded by the U.S. Department of Energy. Lastly, June 2010, USG announced that it “was offered a conditional commitment for a $102.2-million loan guarantee from the U.S. Department of Energy," slated to build a 22-megawatt power plant in the eastern Oregon desert –– the Neal Hot Springs Project. The Associated Press reported that "once it [the Neal Hot Springs Project] is done (around 2012), the company is counting on a separate, $34 million federal tax rebate" –– money that's part of the 2009 federal stimulus act meant to help spur investment in renewable energy, which will help pay down the federal loan as well as pay off some private investors."
Obviously, these uber-rich individuals along with crooked politicians are running the "green show." With their "planet saving venture," they have hijacked our environment for profit, using deception and corruption on many fronts, making this a scam. They are fueled by greed and power as they engineer the largest financial bubble in U.S. history, while American taxpayers foot the bill, ultimately to suffer the dire consequences, unless of course, Captain Planet arrives. On the other hand, the left-wing radical agenda that is attached to the green movement is complex and even much more difficult to track then the billions of taxpayer dollars going to "favored" green companies, yet it is just as troubling and I will attempt to make sense out of it next.
Concerned Citizen: The Right Perspective