Barack Obama: ‘Under My Plan of a Cap-and-Trade System Electricity Rates Will Skyrocket’ (Flashback) – Obama’s Ulterior Motives Explained

SO THE PLOT THICKENS ……….. AND SICKENS !!!

So . .. . you think you know quite a bit about Obama and his band of thieves. You don’t know anything yet. Read on all of this as it all comes together in the last part…….. a must read.

This is an interesting story put together from various articles and TV shows by the British Times paper. It shows what Obama and his friends are really all about. It’s not hope and change, it is money.

I warn you, the first part is a little boring, but stick with it.

The second part connects all the dots for you (it will open your eyes). The end explains how Obama and all his cronies will end up as multi-billionaires. (It’s definitely worth the read. You will not be disappointed).

A small bank in Chicago called SHORE BANK almost went bankrupt during the recession. The bank made a profit on its foreign micro-loans (see below) but had lost money in sub-prime mortgages in the US . It was facing likely closure by federal regulators. However, because the bank’s executives were well connected with members of the Obama Administration, a private rescue bailout was arranged. The bank’s employees had donated money to Obama’s Senate campaign. In other words, Shore Bank was too politically connected to
be allowed to go under.

Shore Bank survived and invested in many “green” businesses such as solar panel manufacturing. In fact, the bank was mentioned in one of Obama’s speeches during his election campaign because it subjected new business borrowers to eco-litmus tests.

Prior to becoming President, Obama sat on the board of the JOYCE FOUNDATION, a liberal charity. This foundation was originally established by Joyce Kean ‘s family which had accumulated millions of dollars in the lumber industry. It mostly gave funds to hospitals but after her death in 1972, the foundation was taken over by radical environmentalists and social justice extremists.

This JOYCE FOUNDATION, which is rumored to have assets of 8 billion dollars, has now set up and funded, with a few partners, something called the CHICAGO CLIMATE EXCHANGE, known as CXX. It will be the exchange (like the Chicago Grain Futures Market for agriculture) where Environmental Carbon Credits are traded.

Under Obama’s new bill, businesses in the future will be assessed a tax on how much CO2 they produce (their Carbon Footprint) or in other words how much they add to global warming. If a company produces less CO2 than their allotted measured limit, they earn a Carbon Credit. This Carbon Credit can be traded on the CXX exchange. Another company, which has gone over their CO2 limit, can buy the Credit and “reduce” their footprint and tax liability. It will be like trading shares on Wall Street.

Well, it was the same JOYCE FOUNDATION, along with some other private partners and Wall Street firms that funded the bailout of Shore Bank. The foundation is now one of the major shareholders. The bank has now been designated to be the “banking arm” of the CHICAGO CLIMATE EXCHANGE (CXX). In addition, Goldman Sachs has been contracted to run the investment trading floor of the exchange.

So far so good; But now the INTERESTING parts.

One. Shore Bank co-founder, named Jan Piercy, was a Wellesley College roommate of Hillary Clinton. Hillary and Bill Clinton have long supported the bank and are small investors.

Another co-founder of Shore Bank, named Mary Houghton, was a friend of Obama’s late mother. Obama’s mother worked on foreign MICRO-LOANS for the Ford Foundation. She worked for the foundation with a guy called Geithner. Yes, you guessed it. This man was the father of Tim Geithner, our present Treasury Secretary, who failed to pay all his taxes for two years.

Another founder of Shore Bank was Ronald Grzywinski , a cohort and close friend of Jimmy Carter.

The former Shore Bank Vice Chairman was a man called Bob Nash . He was the deputy campaign manager of Hillary Clinton’s presidential bid. He also sat on the board of the Chicago Law School with Obama and Bill Ayers, the former terrorist. Nash was also a member of Obama’s White House transition team.

(To jog your memories, Bill Ayers is a Professor at the University of Illinois at Chicago . He founded the Weather Underground, a radical revolutionary group that bombed buildings in the 60s and 70s. He had no remorse for those who were killed; escaped jail on a technicality; and is still an admitted Marxist).

When Obama sat on the board of the JOYCE FOUNDATION, he “funneled” thousands of charity dollars to a guy named John Ayers, who runs a dubious education fund. Yes, you guessed it.. The brother of Bill Ayers, the terrorist.

Howard Stanback is a board member of Shore Bank. He is a former board chairman of the Woods Foundation. Obama and Bill Ayers, the terrorist, also sat on the board of the Woods Foundation. Stanback was formerly employed by New Kenwood Inc., a real estate development company co-owned by Tony Rezko
..

(You will remember that Tony Rezko was the guy who gave Obama an amazing sweet deal on his new house. Years prior to this, the law firm of Davis, Miner, Barnhill & Galland had represented Rezko’s company and helped him get more than 43 million dollars in government funding. Guess who worked as a lawyer at the firm at the time.

Yes, Barack Obama.

Adele Simmons , the Director of ShoreBank, is a close friend of Valerie Jarrett , a White House senior advisor to
Obama. Simmons and Jarrett also sit on the board of a dubious Chicago Civic Organization.

Van Jones sits on the board of Shore Bank and is one of the marketing directors for “green” projects. He also holds a senior advisor position for black studies at Princeton University. You will remember that Mr.Van Jones was appointed by Obama in 2009 to be a Special Advisor for Green Jobs at the White House. He was forced to resign over past political activities, including the fact that he is a Marxist.

Al Gore was one of the smaller partners to originally help fund the CHICAGO CLIMATE EXCHANGE. He also founded a company called Generation Investment Management (GIM) and registered it in London, England. GIM has close links to the UK-based Climate Exchange PLC, a holding company listed on the London Stock Exchange. This company trades Carbon Credits in Europe (just like CXX will do here) and its floor is run by Goldman Sachs .

Along with Gore, the other co-founder of GIM is Hank Paulson, the former US Treasury Secretary and former CEO of Goldman Sachs. His wife, Wendy , graduated from and is presently a Trustee of Wellesley College. Yes, the same college that Hillary Clinton and Jan Piercy, a co-founder of Shore Bank attended. (They are all friends).

Interesting? And now the closing…

Because many studies have been exposed as scientific nonsense, people are slowly realizing that man-made global warming is nothing more than a money-generating hoax. As a result, Obama is working feverishly to win the race. He aims to push a Cap-and-Trade Carbon Tax Bill through Congress and into law.

Obama knows he must get this passed before he loses his majority in Congress in the November elections. Apart from Climate Change he will “sell” this bill to the public as generating tax revenue to reduce our debt. But, it will also make it impossible for US companies to compete in world markets and drastically increase unemployment. In addition, energy prices (home utility rates) will sky rocket.

But, here’s the “KICKER”
(THE MONEY TRAIL).

If the bill passes, it is estimated that over 10 TRILLION dollars each year will be traded on the CXX exchange. At a commission rate of only 4 percent, the exchange would earn close to 400 billion dollars to split between its owners, all Obama cronies. At a 2 percent rate, Goldman Sachs would also rake in 200 billion dollars each year.

But don’t forget SHORE BANK. With 10 trillion dollars flowing though its accounts, the bank will earn close to 40 billion dollars in interest each year for its owners (more Obama cronies), without even breaking a sweat.

It is estimated Al Gore alone will probably rake in 15 billion dollars just in the first year. Of course, Obama’s “commissions” will be held in trust for him at the Joyce Foundation . They are estimated to be over 8 billion dollars by the time he leaves office in 2013, if the bill passes this year. Of course, these commissions will continue to be paid for the rest of his life.

Some financial experts think this will be the largest “scam” or “legal heist” in world history. Obama’s cronies make the Mafia look like rank amateurs. They will make Bernie Madoff ‘s fraud look like penny ante stuff.

Author Unknown

Related information:

Global warming is a scam. Even IF there would be global warming, then CO2 would have nothing to do with it, because CO2 lags 800 years behind rising temperatures! That is a a scientific fact and if you watch ‘An Inconvenient Truth’, then you will see exactly that in Al Gore’s graph. (You know, that fake hockey stick graph.)

Global warming is a scam:

–  Professor Harold Lewis: ‘Global Warming Is The Greatest And Most Successful Pseudoscientific Fraud I Have Seen In My Long Life’

Kiwigate:

–  Kiwigate: Global Warming Scam Revealed in Court

–  Dr Rajendra Pachauri’s charity accounts ‘ANOMALIES’

Global Cooling and the New World Order:

“The 58th Bilderberg Meeting will be held in Sitges, Spain 3 – 6 June 2010. The Conference will deal mainly with Financial Reform, Security, Cyber Technology, Energy, Pakistan, Afghanistan, World Food Problem, Global Cooling, Social Networking, Medical Science, EU-US relations.”

Yep, that’s right. Global Cooling.

‘Climate change sceptics have smaller members, uglier wives, dumber kids’ says new study made up by warmists

Leading Scientist Warns of Ice Age: ‘Most of Europe Will Be Under Ice’

Met Office blocked role of leading scientist in ‘hockey stick’ climate change row

Godfrey Bloom Exposes the Global Warming Scam (European Parliament, Strasbourg, 20.01.2010)

Lord Christopher Monckton reports on Pachauri’s eye opening Copenhagen presentation

Top Scientist: Rise of Sea Levels is ‘The Greatest Lie Ever Told’

Prof. Ian Clark: ‘Rises in C02 lag 800 years behind temperature rises!’ – You will pay taxes for nothing!

Climate crunch: David Bellamy on global warming fraud

Study: CO2 levels remained constant since 1850! (University of Bristol)

What happened to global warming? The warmest year recorded globally was 1998 (BBC News)

Global Warming Expert Prof. Latif: Earth has not warmed for nearly a decade and that we are likely entering “one or even two decades during which temperatures cool.” (The Calgary Herald)

Solar Physicist Predicts Ice Age: “SOLAR CYCLE 24 HAS NOW GONE CLEARLY BELOW DALTON LEVEL.” (The Examiner)

The Great Global Warming Swindle (Documentary)

Ron Paul: Global Warming Petition Signed by 31,478 Scientists (Lew Rockwell)

NASA Study: Solar Cycle, Not Man, Responsible for Gobal Warming (DailyTech)

Global warming alarmists out in cold (Herald Sun)

Nobody listens to the real climate change experts (Telegraph)

Climate ‘denial’ is now a mental disorder (Telegraph)

Japan’s boffins: Global warming isn’t man-made (The Register)

Al Gore sued by over 30.000 Scientists for fraud (Video)

World is getting colder: It’s the sun, not CO2, that’s to blame (Washington Times)

Global warning: We are actually heading towards a new Ice Age, claim scientists (Daily Mail)

Scientists find greenhouse gas hysteria to be myth (World Net Daily)

2008 was the year man-made global warming was disproved (Telegraph)

Army: Sun, Not Man, Is Causing Climate Change (Wired)

World might be heading towards Ice Age (Economic Times)

Flashback: David Ballamy: ‘BBC shunned Me For Denying Man-Made Global Warming’ (Daily Express)

Climategate:

Climategate: Inventor of Mann-made global warming feels the heat

Climategate: New Revelations

Climategate: Dr. Michael Mann Threatens Lawsuit Over Satirical YouTube Video

Climategate: The Parliamentary Cover-Up Exposed (Telegraph)

Climategate: Two More Bricks Fall Out Of The IPCC Wall Of Deceit – Rainforests And Polar Bears (Telegraph)

Climategate: Michael Mann’s Very Unhappy ‘Whistleblower’ New Year (Telegraph)

Climategate: Al Gore spews the usual utter nonsense but this time no one believes him (Telegraph)

Climategate: Which part of ‘over’ don’t these people understand? – A quick idiot’s guide to why Climategate does matter (Telegraph)

Climategate and the Tiger Woods Index; Al Gore cancels Copenhagen speaking event (Telegraph)

Lord Christopher Monckton – Climategate: Caught Greenhanded! Cold Facts About The Hot Topic of Global Temperature Change After The Climategate Scandal

Climategate: It’s all unravelling now! (Telegraph)

Climategate: Follow the Money (The Wall Street Journal)

Climategate scandal claims its first big political scalp (Telegraph)

Climategate: Googlegate?! (Telegraph)

Lord Cristopher Monckton on Climategate: Shut Down The UN, Arrest Al Gore

Climategate: This is the worst scientific scandal of our generation (Telegraph)

Climategate: The great climate change science scandal (The Times)

Climategate Scandal: The Whitewash Begins (Telegraph)

Climategate: Hacked emails include calls for ‘Earth Government’ as foundation of new world order, splitting of America

Lord Christopher Monckton on Climategate: ‘They Are Criminals’

Climategate: George Monbiot – aka the Great Moonbat – makes it all suddenly OK through medium of satire (Telegraph)

Climategate: Scientists Would Rather Change Facts Than Their Theories (RT)

Climategate on Lateline: Private climate documents hacked, published

Climategate Bombshell: Dr. Tim Ball on the hacked CRU emails

Climategate: The Day Science Died (TBR)

Climategate: how the MSM reported the greatest scandal in modern science (Telegraph)

Climategate: CRU director admits the emails flying all over the internet appear to be genuine (Herald Sun)

Climategate: The Final Nail in The Coffin of ‘Anthropogenic Global Warming’?! (Telegraph)

Follow the money and the New World Order:

Desperate Days For Warmists

Al Gore’s Enormous Carbon Footprint

UK: Climate Change Act has the biggest ever bill (Telegraph)

EU President Herman Van Rompuy Announces 2009 as ‘First Year of Global Governance’

Congressman Ron Paul on the Copenhagen Treaty and the Cyber Security Act: ‘They are doing everything in the world to control the internet.’

Al Gore could become world’s first carbon billionaire

Lord Christopher Monckton: Is President Obama Poised to Surrender the Constitution and US Sovereignty to World Government? (!!!)

EU Proposes €50bn Climate Change Deal Ahead of December’s Global Climate Change Conference in Copenhagen

So global warming is really about the elite finding more ways to take away your freedom and your money!

Education:

–  10:10 – No Pressure (Fascism We Can Take A Bath In!)

Build-A-Bear: The Sinister Green Plot to Turn Our Kids Into Eco-Fascist Manchurian Candidates

Insane British Government Global Warming Ad: Panic, Little Ones, It’s The Carbon Monster

In the news:

What the Chinese really think of ‘Man-Made Global Warming’

Bolivia’s Biggest Ecological Disaster: Cold Kills Estimated 6 Millions And Thousands of Alligators, Turtles And River Dolphins

Argentina Has Colder Winter Than Antartica, Spurring Record Energy Imports

Peru Declares State Of Emergency Amid Freezing Temperatures, Hundreds Of Children Die

Mongolia: Winter of ‘White Death’ Devastated Nomads’ Way of Life

Mongolian herders lost millions of animals because of extreme cold

Spain: Heaviest Snowfall in Decades Leaves 250,000 Without Power

Met Office: British winter was the coldest for 31 years

US ‘Snowmageddon’: Hundreds of Thousands Remain Without Power in Washington DC

Florida: Manatees die in record numbers from cold

Florida Freeze Destroys Estimated 70% of Southwest Vegetable Crop

UK: Gas supply rationed as temperature drops to -21C

Winter Chaos Around The World

Beijing and Seoul Hit by Heaviest Snow in More Than Half Century

Britain is facing one of the coldest winters in 100 years, experts predict

NCDC: 250 Snowfall Records So Far In 2009; This December Shapes Up to be the Coldest on Record

US Blizzard: Christmas Misery for Millions; Oklahoma State of Emergency (Video)

Blizzard Blasts Eastern US: Hundreds of Thousands of Homes Without Power

Snowing on Copenhagen’s Global Warmist Parade

US East Coast faces severe winter storm

US ‘Monster’ Winter Storm Resembles Wintery Hurricane With Blizzard Conditions

US: Cheyenne records snowiest October on record

Autumn record-setting snowstorm wallops Rockies, Plains

US: Freak Summer Storm Dumps Snow in Yonkers

Nature knows exactly how to deal with CO2:

Carbon Dioxide Air Fertilization Improves Plant Growth and Quality, Cuts Operating Costs While Increasing Production

If you really want to change the climate on this planet then:

Environment: Solar plant yields water and crops from the desert

Greening the Desert

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