It is the end of April. Two feet of snow today in New York. High of 35 here in Gunnison tomorrow. So let's talk about global warming. Like I wrote in a previous post about redneck snow skis, I know that cold weather halfway through spring does not mean that global warming isn't true. But surely ten years of cooling temperatures does. And false data by leading climate change (global warming is sooo 2009) researchers should make even the most rabid Al Gore sycophants wipe off their Kool-Aid mustaches.
Then there's the cost. The president himself says that under his plan, electric rates would "necessarily skyrocket."
So what exactly is cap and trade? Manufacturing produces carbon. Carbon, according to the global warming "experts," leads to warming temperatures. So, something must be done to discourage manufacturers from producing carbon. Under this plan, a manufacturer would have a set amount of carbon emissions allowed as a by product of their business. They would receive a certificate for that amount carbon emission. If they go over the amount covered by their certificate, they can buy another manufacturer's certificate.
Let's say that Cathy and I decide to go into the potato chip business. We register as a potato chip manufacturer and receive our certificate to produce 2 tons of carbon dioxide. Well, we are not really that into potato chips, so we only make a couple of batches of chips a year. We didn't produce even an ounce of our allowable emissions. Frito Lay, on the other hand, is realllly into potato chips. They have produced all the carbon they are allowed, and they want to make even more chips. They are selling a lot more chips than Cathy and me. But they aren't allowed to make any more. They have no more carbon certificates left. Well, I'm smarter than the average rock, I'll sell them my unused carbon certificates. Frito Lay is more than happy to buy them from me.
Small problem. Who decides how much the certificates are worth? How does Frito Lay find Larry and Cathy? Where do they find even more? It's not like there's an exchange similar to the New York Stock Exchange for carbon certificates. Now, there would be a money making idea! Guess what? There is one! It's the Chicago Climate Exchange or CCX! Now there's some forward thinking folks. If global warming weren't such a scam, I bet they could make some major bucks matching certificate buyers to certificate sellers, and of course taking their commission. We are a capitalist society after all. They could sell the certificates of manufacturers in third world countries to U.S. companies and basically give them boatloads of money (minus CCX's cut of course) for producing nothing! CCX estimates they would process $10,000,000,000,000 in transactions. A year. That's $10 trillion a year. That will buy a pretty nice house, won't it, Al Gore? What's Al Gore's connection to this $10,000,000,000,000 a year business? Oh, just a little thing. He's on the board of a British company that owns a 5% share of Chicago Climate Exchange. So, that's how he can afford such a non-environmentally friendly estate. Compare Gore's estate to that of a nature-hating, let's melt the icecaps I love heat anyway George Bush. When you stand to get even a piece of a 5% share of $10,000,000,000,000 a year, you can stand a little skyrocketing electric cost.
Nice story, but no one is forcing companies like Ford and DuPont, or local governments like the city of Chicago and Miami-Dade county to participate in this wonderful Enron-style scheme (they are already buying and selling certificates voluntarily so they can advertise as "carbon neutral"), right? Not yet. But that's the very basis of cap and trade legislation in front of Congress right now! Requiring companies and local governments to participate. Forcing the cost of their goods and services to skyrocket. Amazing.
So how does a start-up like Chicago Climate Exchange get started in 2003 with no cap and trade legislation on the horizon? Through charitable, almost untraceable grants from a wonderful foundation called the Joyce Foundation. They were supported by a Joyce Foundation board member who secured the funding for them. The board member who was such a forward thinking visionary? An up and coming Illinois state senator. His name? All together now, Barack Hussein Obama, mmm, mmm, mmm.
Now that should give you something to think about. Here's a link detailing all the viper's nest of ties to the United Nations (where most of the global warming "research" came from). Just for grins, let's throw in 5 CCX board members from Goldman Sachs, a 10% share in the company to Goldman Sachs, and a compleeeeetely coincidental link to Fannie Mae. No conspiracy theory. Facts. It's mind-boggling. Almost as mind-boggling as the fact that no U.S. newspaper or news organization has mentioned any of this. The link refers to a Canadian Free Press site. Free press, remember when America had one of those? Another fact, NBC is owned by GE. General Electric. Think they might have a stake in this game?
Thursday, April 29, 2010
Evil, yes. Stupid, no
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