[Diogenesis]

“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."

[Lucky9teen]

CAP-N-TRADE

[cripplecreek]

These 4 bills were all introduced on the same day in the Michigan legislature. People have asked when the energy producers aren’t screaming bloody murder about it but they stand to gain a great deal. They’ll produce less energy, charge more for what they do produce, and then sell the carbon credits from reduced production at a profit.

---

House Bill 6069 (Increase mandated state power production declines )
Introduced by Rep. Gary McDowell (D) on April 22, 2010, to revise the mandating that natural gas utilities reduce the amount of energy they provide by .75 percent each year beginning in 2013. The bill would require that beginning in 2015 utilities reduce the amount of gas they provide by 1.5 percent, and 2.0 percent beginning in 2016.

House Bill 6068 (Increase mandated state power production declines )
Introduced by Rep. Joan Bauer (D) on April 22, 2010, to revise the mandating that natural gas utilities reduce the amount of gas they provide by .75 percent each year beginning in 2013. The bill would require that beginning in 2014 utilities reduce the amount of gas they provide by 1.25 percent, and 2.0 percent beginning in 2016

House Bill 6067 (Increase mandated state power production declines )
Introduced by Rep. Lisa Brown (D) on April 22, 2010, to revise the mandating that natural gas utilities reduce the amount of gas they provide by .75 percent each year beginning in 2013. The bill would require that beginning in 2013 utilities reduce the amount of gas they provide by 1.0 percent over the previous year.

House Bill 6063 (Increase mandated state power production declines )
Introduced by Rep. Fred Miller (D) on April 22, 2010, to revise the mandating that electric utilities reduce the amount of energy they provide by 1 percent each year beginning in 2012. The bill would require that beginning in 2013 utilities reduce the amount of power they provide by 1.25 percent over the previous year.

[Lucky9teen]

[shezza]

...the politicians are threatening to pass laws that would kill industrial production in Colorado. The Union of Locomotive Engineers demands that the maximum speed for all trains on the Rio Norte Line be reduced to 60 miles per hour, and the Union of Railway Conductors and Brakemen demands that the length of all trains on the line be reduced to 60 cars.

Likewise, the states of Wyoming, New Mexico, Utah, and Arizona demand that no more trains run in Colorado than in any of these neighboring states.

A group headed by Orren Boyle demands the passage of a Preservation of Livelihood Law, which would limit the production of Rearden Metal, and other businessmen demand passage of a Fair Share Law, which would give an equal amount of Rearden Metal to any customer who wants it....

Socialist rulers have passed a series of directives in accordance with the demands made by the unions, Colorado's neighboring states, and mooching businessmen. A special tax has been levied on Colorado so it can assist its financially needier neighbors.

-Atlas Shrugged, Ayn Rand ("Cliffs Notes" summary, Chapter 10)

Any of this sounding familiar yet?

[Carry_Okie]

Just three weeks after filing for a patent for his carbon trade system, Bartels was killed during the attacks of 9/11.

So nice of them to admit this. I should sue them for infringement of my free market environmental management business method patent, finally granted this year, the application of which predates theirs as it was filed in March 2001. My system has real accountability in it; theirs does not.

Does somebody know how to get this to Beck? He needs to talk to me anyway about the whole enviro-racket and what to do about it. I'm nearly a decade ahead of him.

[BOBTHENAILER]

A must read for the followers of Climate Change Inc., a wholly owned subsidiary of Al Gore, Franklin Raines, the obamaniation; the entire RAT party, Limpy Lindsey Graham; GE, Cisco the Joyce Foundation; Fannie Mae, et al, ad infinitum, ad nauseum.

[Logical me]

Communists still on the move to destroy our way of life. King Obama wants Americans to be slaves of the state and our standard of living to be equal to his birth place Kenya.

[Bigg Red]

mark

[Brad from Tennessee]

Great post. This massive scam is finally being illuminated.

[Carry_Okie]

blach

[musicman]

ping