1 posted on
05/05/2010 1:57:27 PM PDT by
STARWISE
To: STARWISE
2 posted on
05/05/2010 2:00:16 PM PDT by
Hypo
To: STARWISE
The $10 Trillion Climate Fraud (Cap-And-Trade and CCX)
Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a
climate trading scheme being run out of the Chicago Climate Exchange would
make Bernie Madoff blush. Its trail leads to the White House.
Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select
individuals in the "green" movement were inventing a patented system to trade residential carbon credits.
Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 --
the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H.,
criticized the award at the time, pointing out that it had "nothing to do with Fannie Mae's charter, nothing to do with making mortgages more affordable."
"It wasn't about mortgages. It was about greenbacks. The patent, which Fannie Mae confirmed it still owns with Cantor Fitzgerald subsidiary CO2e.com, gives the mortgage giant a lock on the fledgling carbon trading market, thus also giving it a major financial stake in the success of cap-and-trade legislation."
![](http://img.photobucket.com/albums/v702/Kaslin/23578941/obama_contempt.jpg)
Here comes the next bubble -- carbon trading
Forget CDOs and other inventions of the great credit bubble. Thats all old hat.
Investment bankers are moving on to an area of securities trading that is potentially even
more lucrative, and whats more, even has a social value saving the planet.
.According to Mr Schapiro, carbon trading is now the fastest growing commodities
market on earth. Since Kyoto signatories bought in to the cap and trade concept in 2005,
there have been more than $300bn carbon transactions, prompting several investment
banks, including Goldman Sachs and Barclays, to set up their own carbon trading desks.
But thats just the start. If President Obama and his supporters can institute a cap-and-
trade system in the United States and thats a big if for this increasingly marooned
presidency demand could explode into a $2 to $3 trillion market.
And heres the great thing about it. Unlike traditional commodities markets, which will
eventually involve delivery to someone in physical form, the carbon market is based on
lack of delivery of an invisible substance to no-one. Since the market revolves around
creating carbon credits, or finding carbon reduction projects whose benefits can then be
sold to those with a surplus of emissions, it is entirely intangible.
Carbon developers, many of them employed by large multinationals, travel the world
in search of carbon reduction projects to sell, while firms of carbon accountants have been
established to verify on the United Nations behalf that those reductions are real.
The whole thing, though well intentioned, looks wide open to abuse and scams.
4 posted on
05/05/2010 2:07:52 PM PDT by
Diogenesis
(Article IV - Section 4 - The United States Â… shall protect each of them against Invasion)
To: onyx; penelopesire; seekthetruth; television is just wrong; jcsjcm; BP2; Pablo Mac; ...
Maurice Strong, algore
![](http://2.bp.blogspot.com/_ZkSSURCm3FI/Sxzbv3NE2sI/AAAAAAAAEKc/8zcZQyA7qBk/s400/strong-gore.jpg)
5 posted on
05/05/2010 2:09:53 PM PDT by
STARWISE
(The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
To: STARWISE; cripplecreek; combat_boots
Yep, Canadian Maurice started it... on his bicycle. Excellent post, STARWISE! A keeper. I anticipate loads of good information and links will be added.
6 posted on
05/05/2010 2:13:30 PM PDT by
onyx
(Sarah/Michele 2012)
To: STARWISE
Statement: "...it seems that there is a deliberate plan to completely destroy the entire American way of life and even the country as we know it...."
Response: No, the intent is to remake our society into one refecting the nature of those coming into control; i.e. the homosexual, lesbian, and other perverts; the felon, the actor, actress, the black and the alien from various Third World countries. The Anglo American has apparently abdicated and the aforementioned groups are moving into the vacuum. It will not be nice, but the fate of a conquered people is never nice-see the recent examples of Rhodesia and South Africa.
7 posted on
05/05/2010 2:14:19 PM PDT by
AEMILIUS PAULUS
(It is a shame that when these people give a riot)
To: Darnright; Nipfan; Defendingliberty; 4horses+amule; Nervous Tick; Amagi; Beowulf; Tunehead54; ...
8 posted on
05/05/2010 2:15:42 PM PDT by
steelyourfaith
("Let his days be few; and let another take his office. " - Psalm 109:8)
To: STARWISE
China will work with Maurice Strong until the replace America as the dominant power. Then they will take him out back and put a bullet in his head. Useful idiot.
To: STARWISE
14 posted on
05/06/2010 2:09:57 AM PDT by
opentalk
To: STARWISE
He is on the Global Advisory Counsel of the World Future Society organization:
http://www.wfs.org/faq.htm
I am sure Strong’s affiliation in this group has been mentioned, however, if no one else is/wants to take it, I will start to read their papers/magazine articles to see what I can find!
15 posted on
05/13/2010 5:10:01 PM PDT by
Rona Badger
(No longer lurking!)
To: STARWISE
16 posted on
05/14/2010 10:47:15 AM PDT by
opentalk
To: STARWISE; bitt; little jeremiah
17 posted on
01/12/2019 8:40:13 AM PST by
thinden
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