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goldman sachs and the cap-and-trade jackpot
JrDeputyAccountant ^ | 7/10/09 | Adirenne Gonzalez

Posted on 07/10/2009 12:00:27 PM PDT by Grim

We have discussed this previously but now that cap and trade is on tap to become the most ridiculous tax in American history (not to mention costly and unfounded), it is all that much more important to take a look at who stands to gain in this game of carbon tax lies and global warming scares.

Via Green Hell:

Senators Dianne Feinstein (D-CA) and Olympia Snow (R-ME) have introduced a bill to make the Commodity Futures Trading Commission the sole regulator of the carbon market created by cap-and-trade legislation.

So does this mean that freebooting Goldman Sachs could be the de facto regulator of the carbon market?

(Excerpt) Read more at jrdeputyaccountant.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: crooks; economy; goldmansachs; lootingthepublic
Goldman Sachs is PURE EVIL. They lobbied hard for this Cap N' Trade just so they could make trillions while robbing America blind. They need to be stopped.

More about this creeps @ www.goldmansachs666.com

1 posted on 07/10/2009 12:00:28 PM PDT by Grim
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To: Grim

Government Sachs are sticking their nose into the world currency thing too now check this out!

http://www.bloomberg.com/apps/news?pid=20601109&sid=ay67icisnzws


2 posted on 07/10/2009 12:04:08 PM PDT by FromLori (FromLori)
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To: Grim

It’s starting to appear as though Goldman Sachs and General Electric are going to be the big, BIG winners during the reign of Obama.


3 posted on 07/10/2009 12:05:00 PM PDT by FlingWingFlyer (Hey America! How's that "hope and change" thing working out?)
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To: Grim

Great rant!


4 posted on 07/10/2009 12:07:18 PM PDT by WashingtonSource
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To: Grim; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; SideoutFred; ...

Waxbag~Malarkey Carbon Cap Tax & Scam Ping ~ (POGW)



5 posted on 07/10/2009 12:12:11 PM PDT by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: WashingtonSource

I posted this in June after watching CNBC and the President of UBS America. It was obvious to me after watching that sleeze that global warming is just a front for making money off cap and trade.......................here is what I posted then.................

While watching CNBC this morning the whole cap and tax scheme crystalized in my mind. They had a guest host there from UBS and the he was espousing the Messiah’s economic plans. He went into the whole green jobs thing, and then two Congressmen came on. The one anti tax and kill Congressmam pointed out how ludicrous the UBS bankers arguments about green jobs was. Like the Spanish study just out from their ‘green economy’ showing for every green job created, two regular ones are lost. Also that it took subsidies of 750K per job to create each job.

The whole time the UBS guy on split screen just sat there and smiled, his smile getting bigger the longer the Congressman spoke. The UBS guy knows what the MSM and most Americans do not, and this came to me like a bolt of lightning as I watched the UBS guy smile.

Cap and Trade is the replacement for Subprime and securitized mortgages. The 50 to 1 leverage the banks used the last 10 years, the sub prime liars loans etc. are gone. Without a housing bubble, the only way the bankers can continue to make money at our expense is cap and trade. Why? BECAUSE THEY WILL BE RUNNING THE MARKET FOR CARBON OFFSETS!!! The UBS’s, Goldman Sachs, etc of the world will game the system the same way they made liar loans, 110% mortgages, etc.

Cap and Tax is the bankers next big thing, and the main reason Enron went down and the Jeff Skilling and Andy Fastows of the world were hauled off to jail was cap and tax, not manipulating the energy prices.

Kenny Lay, Skilling and company actually met with Clinton in the White House to start this ball rolling. Once the bankers found out about this, they had to stop them by any means necessary to keep the pot of gold for themselves.

The smile on the UBS bankers face was like the cat who caught the canary, he can taste the money they will make by selling nothing but air. No cost, 100% profit. To the corrupt bankers, it does not get better than that.


6 posted on 07/10/2009 12:16:07 PM PDT by milwguy (........)
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To: Grim

Follow the money.

There will be plenty scattered around to Dem Senators Congress critters and their families.

They dont give a red rats patoot about America, it’s all about greenbacks.


7 posted on 07/10/2009 12:42:04 PM PDT by Venturer
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To: Grim
Just heard Dennis Hedke speak, at a Pachyderm Club meeting. He is great on the anti Al Gore issues.

He is also from Wichita!

http://www.scribd.com/doc/15578457/Dennis-Hedke-press-release-regarding-EPA-testimony-May-18-2009

I am trying to get some of this Goldman and Wall Street info to him.

“Title” “Deed” “CUSIP” or certification issues abound in this cap and trade ponzi scheme.

There is no way to prevent same “green” activity to be “titled” fraudulently, multiple times!

8 posted on 07/10/2009 12:43:14 PM PDT by Kansas58
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To: Grim; rdl6989; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
 


Beam me to Planet Gore !

9 posted on 07/10/2009 1:33:44 PM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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To: Grim
•Goldman has a special exemption from the CFTC to exceed the trading limits normally placed on commodity speculators. Not only was this exemption secret for 17 years, the CFTC recently had to ask Goldman for permission to release the letter to Congress!

Well, aren't they special.

10 posted on 07/10/2009 4:20:48 PM PDT by razorback-bert (We used to call them astronomical numbers. Now we should call them economical numbers.)
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To: Grim

truth bump


11 posted on 07/10/2009 5:59:16 PM PDT by Freedom'sWorthIt
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To: milwguy

“the money they will make by selling nothing but air. No cost, 100% profit.”

After the dot.coms and mortgages, I was wondering what the next scam would be....


12 posted on 07/10/2009 6:04:16 PM PDT by Fu-fu2
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To: milwguy

Yes, it’s all too clear now. I watched Timothy Geithner at the House hearing today (by web cast). He also had that cat-that-ate-the-canary grin has he flim flammed the Congressmen asking questions. He’s pretending to shut down the CDS market while really preserving it - right to their faces. It’s like a side-walk 3-card monte scam right there in the hearing room. No one got it.


13 posted on 07/10/2009 6:14:53 PM PDT by WashingtonSource
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