Here is decoded for you the Cap and Trade SCAM.  Obama is pushing his Cap and Trade bill only for him and his friends to make HUNDREDS OF BILLIONS PER YEAR from TAXING the Chicago Climate Exchange.

That one is, unfortunately, a CHANGE that you can REALLY believe in.

Anyone would luuuuv the environment with that kind of incentive.

You gotta give him credit, Obama has the balls to keep lying like he does about everything with a straight face, and putting the world in misery by supporting bankers, the FED, BP, global warming and Cap and Trade.  Even the pandemic. He really looks like a mercenary for hire by whoever can fit the bill.

If you really think that it is only a coincidence that BP finally plugged the hole using standard components that could have been used from day one then you are living in Alice’s Wonderland.

The spill was intentional, as I have already explained in other posts, they all benefit from it (the US government, Obama, BP, big pharma) — all except the citizens.  Since people are waking up to the Global Warming scam, they needed something else to justify pushing Cap and Trade.

So, please, do not think they even care about the environment, if they did, they would address the biggest threat to humanity, which is the presence of mercury in almost everything, from food to air.

And they would have plugged the hole after a week, but instead they ignored the best solution to collect the oil, rejected help from other countries, used toxic dispersants, and prevented anyone to look at what they were doing.  That’s the pattern of honesty, right ?

Now, see below, how they are going to make HUNDREDS OF BILLIONS PER YEAR from taxing the world for CO2.  If you are lazy, just go straight to the last paragraph, it’s crystal clear.

Obama — The Changeling

By A. True Ott, PhD

A small bank in Chicago called SHOREBANK almost went bankrupt in 2007-2008. The bank made a profit on its foreign micro-loans (see below) but had lost money in sub-prime mortgages in the US. It was facing likely closure by federal regulators. However, because the bank’s executives were well connected with members of the Obama Administration, a private rescue bailout was arranged.

The bank’s employees had donated money to Obama’s Senate campaign. In other words, ShoreBank was too politically connected to be allowed to go under.

Following British Petroleum’s lead, ShoreBank survived and invested in many “green” businesses such as solar panel manufacturing. In fact, the bank was mentioned in one of Obama’s speeches during his election campaign because it subjected new business borrowers to “eco-litmus” tests.

Prior to becoming President, Obama sat on the board of the JOYCE FOUNDATION, a liberal charity. This foundation was originally established by Joyce Kean’s family which had accumulated millions of dollars in the lumber industry. It mostly gave funds to hospitals but after her death in 1972, the foundation was taken over by radical environmentalists and social justice extremists.

This JOYCE FOUNDATION, which is rumored to have assets of 8 billion dollars, completely funded, with a few partners, something called the CHICAGO CLIMATE EXCHANGE, known as CXX. It will be the exchange (like the Chicago Grain Futures Market for agriculture) where so-called “Environmental Carbon Credits” are traded.

Under Obama’s new bill, businesses in the future will be assessed a tax on how much CO2 they produce (their Carbon Footprint) or in other words how much they add to global warming. If a company produces less CO2 than their allotted measured limit, they earn a Carbon Credit. This Carbon Credit can be traded on the CXX exchange. Another company, which has gone over their CO2 limit, can buy the Credit and “reduce” their footprint and tax liability. It will be like trading shares on Wall Street.

Well, it was the same JOYCE FOUNDATION, along with some other private partners and Wall Street firms that funded the bailout of ShoreBank.

The foundation is now one of the major shareholders. The bank has now been designated to be the “banking arm” of the CHICAGO CLIMATE EXCHANGE (CXX).

In addition, Goldman Sachs has been contracted to run the investment trading floor of the exchange.

So far so good; now the INTERESTING parts.

One ShoreBank co-founder, named Jan Piercy, was a Wellesley College roommate of Hillary Clinton. Hillary and Bill Clinton have long supported the bank and are small investors.

Another co-founder of Shorebank, named Mary Houghton, was a friend of Obama’s late mother. Obama’s mother worked on foreign MICRO-LOANS for the Ford Foundation. She worked for the foundation with a guy called Geithner.

Yes, you guessed it. This man was the father of Tim Geithner, our present Treasury Secretary, who failed to pay all his taxes for two years.

Another founder of ShoreBank was Ronald Grzywinski, a cohort and close friend of Jimmy Carter.

The former ShoreBank Vice Chairman was a man called Bob Nash.

He was the deputy campaign manager of Hillary Clinton’s presidential bid. He also sat on the board of the Chicago Law School with Obama and Bill Ayers, the former terrorist. Nash was also a member of Obama’s White House transition team.

(To jog your memories, Bill Ayers is a Professor at the University of Illinois at Chicago. He founded the Weather Underground, a radical revolutionary group that bombed buildings in the 60s and 70s. He had no remorse for those who were killed, escaped jail on a technicality, and is still an admitted Marxist).

When Obama sat on the board of the JOYCE FOUNDATION, he “funneled” thousands of charity dollars to a guy named John Ayers, who runs a dubious education fund. Yes, you guessed it. The brother of Bill Ayers, the terrorist.

Howard Stanback is a board member of Shorebank. He is a former board chairman of the Woods Foundation. Obama and Bill Ayers, the terrorist, also sat on the board of the Woods Foundation. Stanback was formerly employed by New Kenwood Inc. a real estate development company co-owned by Tony Rezko.

(You will remember that Tony Rezko was the guy who gave Obama an amazing sweet deal on his new house. Years prior to this, the law firm of Davis, Miner, Barnhill & Galland had represented Rezko’s company and helped him get more than 43 million dollars in government funding. Guess who worked as a lawyer at the firm at the time. Yes, Barack Obama).

Adele Simmons, the Director of ShoreBank, is a close friend of Valerie Jarrett, a White House senior advisor to Obama. Simmons and Jarrett also sit on the board of a dubious Chicago Civic Organization.

Van Jones sits on the board of ShoreBank and is one the marketing directors for “green” projects. He also holds a senior advisor position for black studies at Princeton University. You will remember that Mr. Van Jones was appointed by Obama in 2009 to be a Special Advisor for Green Jobs at the White House. He was forced to resign over past political activities, including the fact that he is a Marxist.

Al Gore was one of the smaller partners to originally help fund the CHICAGO CLIMATE EXCHANGE. He also founded a company called Generation Investment Management (GIM) and registered it in London, England. GIM has close links to the UK-based Climate Exchange PLC, a holding company listed on the London Stock Exchange. This company trades Carbon Credits in Europe (just like CXX will do here) and its floor is run by Goldman Sachs.

Along with Gore, the other co-founder of GIM is Hank Paulson, the former US Treasury Secretary and former CEO of Goldman Sachs. His wife, Wendy, graduated from and is presently a Trustee of Wellesley College. Yes, the same college that Hillary Clinton and Jan Piercy, a co-founder of Shorebank attended. (They are all friends).

Interesting? And now the closing…

Because many studies have been exposed as scientific nonsense, people are slowly realizing that man-made global warming is nothing more than a money-generating hoax. As a result, Obama is working feverishly to win the race. He aims to push a Cap-and-Trade Carbon Tax Bill through Congress and into law.

Obama knows he must get this passed before he loses his majority in Congress in the November elections. Apart from Climate Change he will “sell” this bill to the public as generating tax revenue to reduce our debt. But, it will also make it impossible for US companies to compete in world markets and drastically increase unemployment. In addition, energy prices (home utility rates) will sky rocket.

But, here’s the KICKER (THE MONEY TRAIL).

If the bill passes, it is estimated that over 10 TRILLION dollars each year will be traded on the CXX exchange. At a commission rate of only 4 percent, the exchange would earn close to 400 billion dollars to split between its owners, all Obama cronies. At a 2 percent rate, Goldman Sachs would also rake in 200 billion dollars each year.

But don’t forget SHOREBANK. With 10 trillion dollars flowing though its accounts, the bank will earn close to 40 billion dollars in interest each year for its owners (more Obama cronies), without even breaking a sweat.

It is estimated Al Gore alone will probably rake in 15 billion dollars just in the first year. Of course, these commissions will continue to be paid for the rest of his life.

  1. Monex says:

    ……..And I thought Barack Obamas response to the jobs numbers yesterday was clueless. Obama proposed spending 800 million to create 5 000 jobs which would install broadband technology where it hasnt already expanded because of demand which will cost 160 000 per job. Today Obama has refined his approach in his proposing to spend even more money to create jobs that will mainly disappear .That s one of the reasons why we re accelerating the transition to a clean energy economy and doubling our use of renewable energy sources like wind and solar power steps that have the potential to create whole new industries and hundreds of thousands of new jobs in America..In fact today I m announcing that the Department of Energy is awarding nearly 2 billion in conditional commitments to two solar companies..The first is Abengoa Solar a company that has agreed to build one of the largest solar plants in the world right here in the United States. to actually store the energy it generates for later use even at night. And it will generate enough clean renewable energy to power 70 000 homes..The second company is Abound Solar Manufacturing which will manufacture advanced solar panels at two new plants creating more than 2 000 construction jobs and 1 500 permanent jobs. A Colorado plant is already underway and an Indiana plant will be built in what s now an empty Chrysler factory. When fully operational these plants will produce millions of state-of-the-art solar panels each year..If this is an example of how Obama will sell the green-jobs economy hed better hope that the public schools get a lot worse than they already are at teaching math. Obama proposes spending 2 billion to create a total of 5 100 jobs. That will cost 392 156.87 per job. That kind of money in the private sector at least should fund several jobs. Heck even a government bureaucrat costs less than that that would cover two and have enough left over for a secretary..But thats not the only folly in this proposal. Of the 5 100 jobs Obama promises only 1 500 of them are permanent jobs. The others are construction jobs which will only last as long as the money flows to the project. That means we will spend over 1.3 million per permanent job in building this green economy which looks more like a red-ink economy with even a cursory check of the numbers..And lets say that these 1500 jobs are all great-paying tax-generating jobs that earn an average of 100 000 per year and that these folks all pay an effective tax rate of 25 which is an incredibly generous calculation. How long will it take to pay back that investment from the permanent jobs created by this effort? Why only 53 years and 4 months!

    • loadsofredpills says:

      If government spending was the solution to anything, the US economy and job figures would be outstanding, but they are ugly, much uglier than the official figures show because it’s all a show, a movie that is played in front of us to create an overwhelming emotional state made of hope, fear, anger, hopelessness, disgust, and a little more hope. That results in people doing plain nothing, sitting and waiting, taking blow after blow, unable to see the globalists at work, destroying currencies, economies, the environment and people’s health with organized financial crisis, bogus science such as global warming and vaccines, toxic food, fake terrorists, untapped oil spills, slowly but surely enslaving people with debt, diseases, ignorance, limiting freedom of every kind, all that with a level of hypocrisy probably never seen in the history of humankind. Never forget that everywhere on the planet,
      governments don’t work for their people anymore but for the globalists and huge corporations

      .

  2. […] failed bank.  It was the front for the Cap and Trade thing right?  Al Gore, Obama, the Clintons – they all had ties to it.  I remember.  Obama – […]