Posted on 03/02/2007 4:51:52 PM PST by lowbridge
Posted by Noel Sheppard on March 2, 2007 - 09:58.
As NewsBusters reported here, here, and here, there are huge dollars to be made from global warming alarmism. However, conceivably no one is better positioned to financially benefit from this scam than Dr. Global Warming himself, former Vice President Al Gore, a fact that the media will surely not share with Americans any time soon.
Yet, if America’s press would take some time out of their busy schedules covering the earth-shattering details surrounding Anna Nicole Smith’s demise, they might find a deliciously inconvenient truth about the soon-to-be-Dr. Gore that is significantly more fascinating and diabolical than anything likely to emerge from that courtroom in Broward County, Florida.
As reported by Dan Riehl (emphasis mine throughout):
Former Vice President Al Gore has built a Green money-making machine capable of eventually generating billions of dollars for investors, including himself, but he set it up so that the average Joe can't afford to play on Gore's terms. And the US portion is headed up by a former Gore staffer and fund raiser who previously ran afoul of both the FEC and the DOJ, before Janet Reno jumped in and shut down an investigation during the Clinton years.
Think Katie, Charlie, or Brian will be all over this tonight? Regardless, that was just the tip of the questionably melting iceberg as reported by Bill Hobbs in Nashville, Tennessee:
[H]ow Gore buys his "carbon offsets," as revealed by The Tennessean raises serious questions. According to the newspaper's report, Gore buys his carbon offsets through Generation Investment Management:
Gore helped found Generation Investment Management, through which he and others pay for offsets. The firm invests the money in solar, wind and other projects that reduce energy consumption around the globe...
Gore is chairman of the firm and, presumably, draws an income or will make money as its investments prosper. In other words, he "buys" his "carbon offsets" from himself, through a transaction designed to boost his own investments and return a profit to himself. To be blunt, Gore doesn't buy "carbon offsets" through Generation Investment Management - he buys stocks.
Fascinating. So, as Dr. Global Warming travels the world in his private jet while spending 20 times the average American on energy for his home, all the time telling us its okay because he’s buying carbon offsets, he’s actually purchasing these investments from himself.
Furthermore, and maybe more important, Gore stands to benefit financially in a potentially huge way if more and more people buy into this junk science.
Isn’t that special?
Yet, it is not clear that Gore’s money is going to purchase carbon offsets at all. Riehl reported:
Here's a list indicating what it takes to make money along with Al. Funds associated with these companies have placed millions of dollars under Al Gore's control. And, as you'll see below, Gore's selection for the US President of GIM might raise a few eyebrows as well.
AFLAC INC - AQUANTIVE INC - AUTODESK INC - BECTON DICKINSON & CO BLACKBAUD INC - GENERAL ELECTRIC CO - GREENHILL & CO INC - JOHNSON CTLS INC - LABORATORY CORP AMER HLDGS - METABOLIX INC - NORTHERN TR CORP - NUVEEN INVTS INC -STAPLES INC - SYSCO CORP - TECHNE CORP - UBS AG - VCA ANTECH INC - WATERS CORP - WHOLE FOODS MKT INC
According to their own documents, GIM intends to invest in, or buy companies poised to cash in on Global Warming concerns.
Putting this in perspective, for years the left and their media minions have posited that George W. Bush started war with Iraq to benefit the company Vice President Dick Cheney used to run, Halliburton, as well as Bush’s oil tycoon friends. In fact, there have been times when you couldn’t swing a dead cat in any pressroom in this nation without hitting a reporter working on such a story.
Yet, as the former Vice President continues to plug global warming as a coming crisis in need of immediate attention, the same media completely ignore his obvious financial conflicts of interest.
No liberal media bias there.
However, as Riehl pointed out, this story is even juicier:
To add insult to injury, Gore chose Peter S. Knight, an old friend and colleague some are sure to recall, as the US President of GIM.
Peter S. Knight, formerly Managing Director Met West Financial, lawyer, Chief of Staff for Senator Al Gore (D-TN) from 1977-1989, and Campaign Manager for President Clinton's successful re-election in 1996, is President of Generation U.S.
This would be him: Reno Rejects Inquiry Into a Clinton Aide
Atty Gen Janet Reno decides against any further investigation of Peter Knight, Pres Clinton's 1996 campaign manager in connection with office building development in nation's capital; such an investigation could have led to naming independent counsel to look further into activities of Knight, who is also former top assistant to Vice Pres Al Gore.
Yes, thanks to Janet Reno, no one ever found out how $20,000 in stock turned up in an account for Knight's then 13 year old child.
Dispute over Democratic Party campaign-financing shifts to Zachary Knight, 13-year-old son of Peter S Knight, Clinton-Gore campaign chairman in 1996, who was given $20,000 in stock by William Haney 3d, chairman of Molten Metal Technology Inc; Republicans believe gift, which came after father was named chairman of campaign, was really payment to Knight, who had worked as $7,000-per-month lobbyist for company; Knight denies involvement in any impropriety; photo
Riehl accurately asked:
If Gore's motivation in pushing Global Warming is so altruistic, was it really necessarily for the already wealthy Gore to establish a multi-million dollar corporation in England to cash in? And given the history of Gore and Knight, are these people we should trust to drive a re-vamping of the world economy at the same time they're lining their pockets because of our much smaller carbon footprints?
Riehl marvelously concluded:
If Al Gore is successful with this latest scheme, Gore and his cronies are going to be much more $green$ than most of the earth. And the only green in this for you and me is the kind that accompanies envy as Gore trucks around on private jets putting dollars to offset his extravagance into a cash machine generating profits on the backs of the middle class with misrepresented science that doesn't deserve to be called science at all.
Meanwhile, a complacent media, rather than hounding Gore over his financial conflicts of interest, continue to shill for this conman’s junk science.
When you add it all up, this is a flimflam of epic proportions:
America -- what a country!
http://www.riehlworldview.com/carnivorous_conservative/2007/03/al_gores_inconv.html
Click pn POGW graphic for full GW rundown
Ping me if you find one I've missed.
bump
Will read later when it's not so hot.
ty.....and who says this isn't tied to economics....lol
later ping
It has been really obvious from a scientific point of view that he knows nothing about the Earth, and he obviously has a plan.
Of course, the alternative media will be all over this ASAP, so that doesn't really matter. Ah, now we see what's really behind the lib pitch for the "Fairness Doctire." As Rush always says, follow the money...
Of course, the alternative media will be all over this ASAP, so that doesn't really matter. Ah, now we see what's really behind the lib pitch for the "Fairness Doctire." As Rush always says, follow the money...
Gore is a total deceitful loser...like his mentors, Bonnie and Clyde. This whole scam is a farse, a faux reality, all with the purpose of bilking the taxpayer even more. That is the end game of this hoax -- and his blatant trail of lying hypocrisy and fraud.
And the odds the MSM will cover any of this? Let's put it this way -- you'd be better off buying a SuperLotto ticket than putting any cash on that wager.
----
The MSM is shoveling dirt as fast as they can over this one!!! It is big, and it is all about LIBERAL HOAX AND CRIME and they will not touch it....good little lap dogs.
Guess we can't live without Green Widgets.Reminds me also of pet rocks.
I guess this is why it is so important for them to have the Dems in charge- so there is no chance of them being investigated. But then, the wimpy Republicans wouldn't do anything anyway, that's why they lost.
I imagine Gore paying off a proxy to serve his time in Army!
Oh wait! They did that during the Civil War. Not Vietnam!
Al Gore! Blowing smoke up the wazoo and the lemmings breathe it up!
http://www.generationim.com/
Established in April 2004; Independent, private, owner-managed partnership; Offices in London, and Washington, D.C.; Plans for Melbourne in 2008
Comprised of a global, integrated team of 23 people, including 12 investment professionals
Dedicated to thought leadership on sustainability and capital markets ~5% of our profitability is allocated to the Generation Foundation
Generation's Advisory Board consists of global thinkers who help us anticipate the changing context for business
The Generation team of 23 people represents 9 countries, speaks 8 languages, and integrates traditional equity analysts with experts from the sustainability research field. Within the team, Generation has 12 investment professionals with over 80 years of combined investment experience.
Full biographies of members of our firm [PDF].
The firm was created in 2004 by six founding Partners:
Hon. Al Gore is Chairman;
David Blood, the former CEO of Goldman Sachs Asset Management, is Managing Partner;
Mark Ferguson, previously co-Head of Pan-European Research at Goldman Sachs Asset Management and a Global Equities Portfolio Manager, is Chief Investment Officer;
Peter Harris, previously head of International Operations for Goldman Sachs Asset Management, is Chief Operating Officer;
Peter S. Knight, formerly Managing Director Met West Financial, lawyer, Chief of Staff for Senator Al Gore (D-TN) from 1977-1989, and Campaign Manager for President Clinton's successful re-election in 1996, is President of Generation U.S.; and
Colin le Duc, previously Director of Research for SAM Sustainable Asset Management in Zurich and strategy consultant for Arthur D. Little in London, is Head of Research.
Our Chairman, former Vice President Al Gore, has assembled Generation's Advisory Board which consists of global leaders and thinkers from capital markets, industry, sustainability, economics, and geopolitical fields. The Advisory Board plays an important part in establishing our long term thematic research agenda into global sustainability issues, such as poverty, climate change, ecosystem services, biodiversity, pandemics, demographics, migration, public policy and responsible lobbying.
Deliver superior investment performance by taking a long-term investment view and integrating sustainability research within a rigorous fundamental equity analysis framework
Create long-term client partnerships by delivering unique investment insights and exceptional client service Attract, retain and develop the best professionals within a passionate investment culture through a commitment to Our Values
Commitment to Clients
Our first commitment is to provide exceptional service to our clients. The best way to achieve this is to deliver superior long-term performance.
Integrity
Integrity and honesty are the bedrock of our business. We demand the highest ethical standards in our work and in our personal lives.
Excellence and Innovation
We aim for excellence in all that we do. We are committed to hard work, creativity and innovation in our effort to improve our investment processes and to provide the highest quality service to our clients.
Teamwork
We especially value teamwork. We consider each of the women and men with whom we work as individuals entitled to respect, dignity and recognition on the basis of merit.
Diversity
We want our team to reflect the diversity of the communities and cultures in which we operate in order to draw from the wisdom of many different backgrounds and perspectives.
Sustainability Research
We are committed to an investment philosophy that integrates sustainability research with rigorous fundamental equity analysis. This is the best method of long term investing to protect the interests of our clients. We also believe that just as economic success must be sustainable, sustainability must include economic success.
Independence
We are committed to an independent employee owned partnership as an enduring business model.
Responsible Citizenship
We recognize our responsibility to live in accordance with our values, to be responsible to the communities in which we live and work and to the world community as well. We endeavor to be good citizens, support charities, be mindful of ways to help our employees fulfill their family responsibilities and serve their communities, and protect our environment and natural resources.
Oh come on. If he says the earth is flat, then it has to be. :-)
This sort of reminds me of Jesse Jackson's con on corporations when he would blackmail them into donating to him by threatening black boycotts. Gore's scam is just more sophisticated and on a much larger scale.
Has to be flat
Algore is such a joke.
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