On the Chicago Carbon Exchange

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HUNTSVILLE — There are so many ways to approach this topic that it almost boggles the mind. To accept that there is a need for the “exchange of carbon emission credits” one must first believe that there is dramatic, quantifiable global warming of catastrophic dimensions.

To follow up on that assumption, one would have to believe that the federal government could and would utilize some sort of equitable system to allot the amount of carbon credits each entity in this country should have.  Furthermore, one would have to believe that this same government would do so without corruption — without rewarding cronies (or companies that leaders of the government have vested interests in), and would not punitively allot credits for those entities who have not supported this administration.

My response to these assumptions is this: It gives every appearance of being a scam or proportions never before scene in the history of the world.

This Exchange came into being via grants from the Joyce Foundation in Chicago, with funding from a “Green” bank in Chicago. Guess what national political figure had ties to both? If you answered “Barack Obama,” you were correct.

Another notable political figure involved heavily is Al Gore — the same Al Gore who vehemently told a Tennessee Congresswoman that “every single dollar” he makes from “Global warming” goes for charitable causes to combat “Global warming.” This same Al Gore, through an England based company named Generation Investment Management has invested heavily in CCX.

Incidentally, shortly after the comment to the Congresswoman, Mr. Gore purchased another home, to add to the ones he already owns. This one is a $9 million beach home in California. It makes one wonder if there is some profiteering going on with his investments.

Speaking of profit, it is interesting to note that the management of the CCX projects a $10 trillion per year volume of business. That certainly has attracted persons with some thoughts of tremendously increasing their wealth, who could care less about any legitimacy of the operation. To project how much graft, we only need to look at what is happening in Europe. In a recent article in Investors Business Daily on May 6, 2010, it was reported that Europol believes that as much as 90 percent of all the Carbon credit trades in the EU are a result of fraudulent activity. Is there any conception that ours would be different, if mandated by the government?

Another notable figure behind the scenes of all of this is none other than George Soros, the same George Soros who brought down the British Pound, and who is funding an array of organizations that exist for the purpose of transforming our economy from capitalism to a socialistic one. One organization he funds is the Tides Foundation, which, in addition to their involvement in this scam, was the principal source of the writing of the “bail-out” and stimulus bills and other legislation.

To recap this in a fairly simplified form, let us see where it goes. First, our government must declare that “global warming” does exist and corrective action must be taken.  Secondly, through input from agencies managed by political appointees, the number of carbon emissions credits required by each organization/entity/individual must be established. Thirdly, each of those must purchase from the government those credits.

Fourthly, those requiring additional credits would be required to purchase them from some other entity that somehow had been granted a surplus number of credits.  And last, the CCX is in existence to facilitate the sale and purchase of those credits.

Folks, the whole process reeks of governmental corruption and individual greed. Please do your own due diligence and research this. If you don’t have internet access, seek out a friend who does that can help you. If you don’t have a friend who has access, make one. The Sam Houston Tea Party discusses issues such as this — come see us.

Posted on July 31, 2010 · in USA

Tagged as: America carbon • carbon credits • Carbon Emissions