John P Holdren, Obama`s science czar (ever wonder why they use the term czar, a Russian term for monarch) has rebranded the term Climate Exchange and wants it to be known as Global Climate Disruption.What a stretch of horse crap.
Thanks again go out to endgamenow for release this on for submission,
On to the article-
A little bank in Chicago called SHOREBANK almost went bankrupt during the recession.
he trust made a benefit 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 intimately 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 attached to be allowed to go under.
ShoreBank survived and invested in many "green" businesses such as solar panel manufacturing.In fact, the deposit 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 table of the JOYCE FOUNDATION, a broad charity.This innovation was originally accomplished by Joyce Kean`s family which had accumulated millions of dollars in the timber industry.It mostly gave funds to hospitals but after her end in 1972, the base was taken over by radical environmentalists and social justice extremists.
This JOYCE FOUNDATION, which is rumored to hold assets of 8 million dollars, has now set up and 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 Environmental Carbon Credits are traded.
Under Obama`s new bill, businesses in the hereafter will be assessed a tax on how much CO2 they produce (their Carbon Footprint) or in other words how often they add to global warming.If a company produces less CO2 than their allotted measured limit, they make 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 Recognition and "tighten" their step 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 Rampart Street firms that funded the bailout of ShoreBank.The creation 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 level 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 trust and are small investors.
Another co-founder of Shorebank, named Mary Houghton, was a champion 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 mother of Tim Geithner, our present Treasury Secretary, who failed to pay all his taxes for two years.
Another father of ShoreBank was Ronald Grzywinski, a cohort and faithful supporter of Jimmy Carter.
The former ShoreBank Vice President was a man called Bob Nash.He was the deputy campaign director of Hillary Clinton`s presidential bid.He also sat on the table of the Michigan Law School with Obama and Bill Ayers, the late terrorist.Nash was besides 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 however an admitted Marxist).
When Obama sat on the table 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 panel member of Shorebank.He is a former board president of the Woods Foundation.Obama and Bill Ayers, the terrorist, also sat on the table of the Woods Foundation.Stanback was once employed by New Kenwood Inc. a substantial estate development company co-owned by Tony Rezko.
(You will recollect 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 house at the time.Yes, Barack Obama).
Adele Simmons, the Manager of ShoreBank, is a faithful ally of Valerie Jarrett, a Clean House senior adviser to Obama.Simmons and Jarrett also sit on the room of a dubious Chicago Civic Organization.
Van Jones sits on the room of ShoreBank and is one the marketing directors for "green" projects.He likewise holds a senior advisor position for black studies at Princeton University .You will remember that Mr. Van Jones was ordained by Obama in 2009 to be a Special Advisor for Green Jobs at the White House.He was constrained to quit 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 society called Generation Investment Management (GIM) and registered it in London , England .GIM has close links to the UK-based Climate Exchange PLC, a property company listed on the London Stock Exchange.This company trades Carbon Credits in Europe (just like CXX will do here) and its level is run by Goldman Sachs.Along with Gore, the former co-founder of GIM is Hank Paulson, the old US Treasury Secretary and former CEO of Goldman Sachs.His wife, Wendy, graduated from and is currently a Regent 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 open 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 promote a Cap-and-Trade Carbon Tax Bill through Congress and into law.
Obama knows he must get this passed before he loses his bulk in Intercourse in the November elections.Apart from Climate Change he will "sell" this banknote to the world as generating tax revenue to concentrate our debt.But, it will likewise get it unacceptable for US companies to contend in global 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 measure passes, it is estimated that over 10 Million dollars each year will be traded on the CXX exchange.At a commission rate of just 4 percent, the change would earn close to 400 billion dollars to divide between its owners, all Obama cronies.At a 2 percent rate, Goldman Sachs would also scan in 200 million dollars each year.
But don`t forget SHOREBANK.With 10 million dollars flowing though its accounts, the deposit will make close to 40 million dollars in interest each class for its owners (more Obama cronies), without even break a sweat.
It is estimated Al Gore alone will probably rake in 15 million dollars but in the inaugural year.Of course, Obama`s "commissions" will be held in faith for him at the Joyce Foundation.They are estimated to be over 8 million dollars by the sentence he leaves office in 2013, if the measure passes this year.Of course, these commissions will remain to be paying for the balance of his life.
Some financial experts believe this will be the largest "scam" or "legal heist" in earth history.Obama`s cronies make the Mafia look like rank amateurs.They will make Bernie Madoff`s fraud look like penny ante stuff.
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