Why Obama is Still Wasting OUR Money on “the Fight Against Climate Change (Global Warming)”

climate changeHave you ever wondered why President Barack Hussein Obama is still so preoccupied with Global Warming/Climate Change?

I mean, how arrogant do you have to be to believe that you can make a change in the very weather itself, which is controlled by Someone way above your pay grade?

This faux science, invented by Al Gore, and propagandized in the book and the movie, “An Inconvenient Truth”, has become an industry, a failed one, but an industry none the less.

Ranging from washouts like Solyndra to GreenTech Automotive, millions of taxpayer dollars have been sunk into these so-called green projects, since the advent of the Obama administration.

Now, word comes that Obama is going to meet with climatologists, in an effort to fight “Climate Change”.

Obama doesn’t even have a decent jump shot. How can he control the Earth’s Weather?

Have you ever wondered why Obama has been so gung-ho about Global Warming/Climate Change in the first place?

Well, we can trace Obama’s  concern back to his days in Chicago, as I wrote about in the blog, “Psst. Bud. You Want to Buy Some Air?”, posted on 4/29/10:

It all began with the Joyce Foundation.  This foundation started as the financial back-up plan of a widow whose family had made millions in the lumber industry.

After her death, it was run by philanthropic people who increasingly dedicated their giving to Liberal causes, including gun control, environmentalism and school changes.  It has grown over the years until it is now bigger than the TIDES Foundation and actually funds it.

The Joyce Foundation in 2000 and 2001 provided the capitol outlay to start the Chicago Climate Exchange. It started trading in 2003, and what it trades is, believe it or not, air.

The Chicago Climate Exchange (CCX) is proud to let everyone know that it is “North America’s only cap-and-trade system for all six greenhouse gases, with global affiliates and projects worldwide.” Barack Obama served on the board of the Joyce Foundation from 1994 to 2002 . What a coincidence, that, as president, pushing cap-and-trade is one of his highest priorities, huh?

Currently, CCX members are legally bound together by a  voluntaryagreement to regulate greenhouse gases.

The CCX provides the vehicle by which to trade the very pollution permits and carbon offsets that would be  imposed by government mandate through the administration’s cap-and-trade proposals .

Climate trading could be a $10 trillion dollar market if cap-and-trade measures like Waxman-Markey and Kerry-Boxer are signed into law.  These measures will make energy prices go through the roof, even as companies buy and sell permits for permission to emit those six “greenhouse” gases (like paying for forgiveness of your sins).

Founders of the CCX include former Vice-President of the United States Al Gore.  Gore is co-founder of Generation Investment Management, which sells carbon offsets of no value whatsoever.  These offsets allow rich polluters to continue to pollute with a clear conscience (go and sin no more, wink, wink).  Other founders include former Goldman Sachs partner David Blood, as well as Mark Ferguson and Peter Harris, also of Goldman Sachs.

In 2006, CCX received a big boost when another investor bought a 10% stake on the prospect of untold riches. That investor was (ta daaah) Goldman Sachs, currently in the spotlight for selling financial instruments it knew never had the chance of a snowball in July of succeeding.

The actual mechanism that enabled trading on the exchange was bought and patented by none other than Franklin Raines, who was CEO of Fannie Mae at the time.

Raines struck it rich to the tune of some $90 million by buying and bundling bad mortgages that led to the horrible economy that we are still dealing with.  Why would a mortgage guy be interested in Climate Change?  Simple.   Cap-and-trade will make housing costs go up, too.

Goldman and Sachs, who gave around $1,000,000 to Obama’s Presidential Campaign, is under investigation by the SEC and in the midst of an inquisition by the U.S. Senate, as I alluded to previously.  Why are they putting up with this abuse when the Democrats themselves are the ones who have benefited the most from the political benevolence  of Wall Street in the past?

Answer:  money and power.  Goldman Sachs is going along with this dog and pony show because of the pot of gold at the end of the rainbow.  If Cap and Trade is passed, they and the rest of the investors that comprise the Chicago Climate Exchange are going to be swimming in a moat of money.

President Barack Hussein Obama was also one of those Board Members of the Joyce Foundation, who helped to found the CCX to the tune of $1,100,000.

Back on 6/29/09, canadafreepress.com reported that

If we follow the time line on where Obama was during the funding of the Chicago Climate Exchange, he was still a lecturer at the University of Chicago Law School teaching constitutional law, with his law license becoming inactive a year later in 2002.

It may be interesting to note that the Chicago Climate Exchange in spite of its hype, is a veritable rat’s nest of cronyism. The largest shareholder in the Exchange is Goldman Sachs. Chicago Mayor Richard M. Daley is its honorary chairman, The Joyce Foundation, which funded the Exchange also funded money for John Ayers’ Chicago School Initiatives. John is the brother of William Ayers.

What a flap when it was discovered that the senator from Chicago had nursed on Saul Alinsky’s milk, had his political career launched at a coffee party held by domestic terrorist Bill Ayers, and sat for 20 years, uncomplaining in front of the “God-dam-America pulpit of resentment-challenged Jeremiah Wright.

Folk were naturally outraged that the empty suit who would go on to become TOTUS was spawned from such anti-American activism.

But the media should have been hollering, “Stop Thief!” instead.

The same Chicago Climate Exchange promoting public rip-off was funded by Obama before he was POTUS.

Even as man-made global warming is being exposed as a money-generating hoax, Obama is working feverishly to push the controversial cap-and-trade carbon reduction scheme through Congress.

Fortunately for our nation, Obama’s Cap and Trade Bill failed to leave the Senate in July of 2010, leading the Chicago Climate Exchange closed up shop in November of 2010.

So, why is Obama still on this Quixotic Crusade?

1.  Appeasing the Gullible -Hey “The Facts Are In.” The “science” is true. And, as P.T. Barnum said,

There is a sucker born every minute.

Remember…these “true believers of the Goreacle, also voted for Obama. They are easily fooled.

2. Money, Money, Money – Too much money invested by Democrat “Power Brokers” and to much of American Taxpayers money spent needlessly to back down now. Obama’s got political promises to keep.

3. Hey, look! Squirrel! – With Obama and his minions about to get a Proctological Exam by the Congressional Select Committee on Benghazi, Obama needs to grasp for whatever national distraction he can come up with.

So, there you go. I wonder what argument Obama is going to present to those climatologists he is meeting with? 

Perhaps, he will present a showing of “The Day After Tomorrow”, the movie starring Dennis Quaid, which bombed spectacularly, in which the ice was chasing everybody.

ROFL!

Until He Comes,

KJ

 

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