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columnist: Andrew Hughes

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Topic: Global Warming

Wall St. sets the stage for the next Big Heist


Global Warming becomes the new Investment opportunity for Wall St..
by Andrew Hughes
(libertarian)
Saturday, December 20, 2008

One could not help but notice the constant emphasis, during and since the Obama campaign, on Climate Change and Green energy programs. The world has a real need to develop more oil independent energy sources and halt the wholesale rape of Mother Earth. However, hearing these pleas from Washington to London from the highest offices in the land only demand more thorough investigation. When one remembers that these same high offices have been responsible for the Iraq War, The Afghanistan War and the destruction of the economy, taking anything at face value is a precarious enterprise.

As in all schemes brought to life by Government office, the first question that begs to be asked is Qui Bono? When a Carbon Tax or a Carbon Cap and Share program is announced the one thing that can be assumed is that it will be designed to make money for those who usually make the money all along. To believe that Washington or London have developed a more altruistic nature and suddenly want to save the world, is to deny decades of Political and economic history. The road to discovering the real truth behind the plan is to follow the money, the players and the science.

On the Change.gov website there was a news release about the Bi-partisan Governors Global Climate Summit in Los Angeles, California. Among the attendees were Governors Rod Blagojevich (IL) and Arnold Schwarzenegger (CA). (The Terminator and The Auctioneer were playing their part in the birthing of the new "impending disaster" just as much as Condi Rice, Bush and Rumsfeld played their part in creating the "Mushroom Cloud" scenario with Iraq). Mr. Obama had prepared a speech to address the conference via video. From the speech:

"Few challenges facing America and the world are more urgent than combating climate change. The science is beyond dispute and the facts are clear. Sea levels are rising. Coastlines are shrinking. We've seen record drought, spreading famine, and storms that are growing stronger with each passing hurricane season."

We are presented with a doomsday scenario that seems to pale in to insignificance compared to the current Financial Armageddon which is approaching with ever greater speed. Action must be taken or otherwise we will be paddling canoes to the food shelter next year. The statement is meant to scare the population in to accepting more control over their lives by presenting themselves as the Saviors. The statement is actually a motley collection of disproved assumptions. The consensus on Global Warming is seriously fragmented and former IPCC scientists are coming out of the organization in droves. They attest to political manipulation, gross misrepresentation of scientific studies to comply with the official line and a Heretic hunt for the unbelievers reminiscent of the Dark Ages. Climate skeptics have been likened to "Flat Earthers". The irony in this is that the Earth was found to be round by using scientific deduction whereas Global Warming has been concocted through the selective manipulation and outright falsification of scientific data.

The recent Global Warming conference in Poznan in Poland was visited by 650 eminent scientific minds to refute the very basis of the Global Warming debate. Though Al Gore had said previously that the facts are in and the debate is over, it would seem he has a long way to go before he convinces everybody. The statements of these scientists have been compiled in to a minority report on the U.S. Senate committee on Environment and Public Works. Here are some of quotes..

"Anyone who claims that the debate is over and the conclusions are firm has a fundamentally unscientific approach to one of the most momentous issues of our time." - Solar physicist Dr. Pal Brekke, senior advisor to the Norwegian Space Centre in Oslo. Brekke has published more than 40 peer-reviewed scientific articles on the sun and solar interaction with the Earth.

"The models and forecasts of the UN IPCC "are incorrect because they only are based on mathematical models and presented results at scenarios that do not include, for example, solar activity." - Victor Manuel Velasco Herrera, a researcher at the Institute of Geophysics of the National Autonomous University of Mexico

"The Kyoto theorists have put the cart before the horse. It is global warming that triggers higher levels of carbon dioxide in the atmosphere, not the other way roundA large number of critical documents submitted at the 1995 U.N. conference in Madrid vanished without a trace. As a result, the discussion was one-sided and heavily biased, and the U.N. declared global warming to be a scientific fact," Andrei Kapitsa, a Russian geographer and Antarctic ice core researcher

"For how many years must the planet cool before we begin to understand that the planet is not warming? For how many years must cooling go on?" - Geologist Dr. David Gee the chairman of the science committee of the 2008 International Geological Congress who has authored 130 plus peer reviewed papers, and is currently at Uppsala University in Sweden.

"Creating an ideology pegged to carbon dioxide is a dangerous nonsenseThe present alarm on climate change is an instrument of social control, a pretext for major businesses and political battle. It became an ideology, which is concerning." - Environmental Scientist Professor Delgado Domingos of Portugal, the founder of the Numerical Weather Forecast group, has more than 150 published articles.

"The [global warming] scaremongering has its justification in the fact that it is something that generates funds." - Award-winning Paleontologist Dr. Eduardo Tonni, of the Committee for Scientific Research in Buenos Aires and head of the Paleontology Department at the University of La Plata.

Look at the report linked above to see all the observations made on the current debate which Al seems to think has been settled. A group of these scientists also sent a letter dated 14 July this year to the U.N. Secretary General to "ask you to redress the lack of scientific integrity of the UN's Climate Change Panel (IPCC) and to stop making reactionary and futile Climate Change' recommendations that hold back the developing world." As an addendum to the latter data is included that disproves the assertions of the IPCC and exposes grave manipulation and outright fraud. Yes Al, the facts are in and the debate is far from over.

If we assume that Global Warming is indeed a political potpourri of half truths and lies, then we have to see why so much trouble has gone in to its creation. One simple answer? Money. When we look at the campaign donors to Obama's campaign, you could be forgiven your inevitable cynicism when we see the list contains the biggest players on Wall St. (Click image to enlarge)

JPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley have already benefitted enormously from the T.A.R.P... JP Morgan Chase used some of it to buy Washington Mutual for $1.9 Billion and Bear Sterns $1.1 billion. JPMorgan along with Goldman Sachs control the Depository Trust & Clearing Corporation which is responsible for reporting on the derivatives market. Citigroup after receiving Billions in taxpayer money to try and get them out of a hole, have been using the money to create new derivatives that will be overseen by the DTCC. The interdependence between these Wall St. giants and their revolving door with Government power has been amply demonstrated by the policies of Ben Bernanke and Henry Paulson. While there was unlimited money for the banking giants, the taxpayer was ignored and robbed. These are the same players who financed the new administration and packed the ranks of Obama's transition team with its acolytes. Remember Obama voted without hesitation for the Bailout Bill and encouraged his fellow democrats to do likewise. So what does Obama owe his benefactors?

By ignoring the real science and perpetuating Al Gore's fraudulent disaster scenario Obama has taken up the torch and will carry it high for the profit of those who bankrolled him in to office. It will come as no surprise that Goldman Sachs has bought in to the Carbon offsets business. That is exactly what it has become; a huge business opportunity that will bring enormous potential for profit. The article sums it up quite succinctly "that banks buying into the offsets business could benefit if a federal carbon-trading system took hold in the United States. President-elect Barack Obama favors such a system, but some experts think that the financial crisis will cause Congress to delay passing a cap-and-trade bill." So now we can see the dots connecting between a project which started as a "Save the Planet campaign" to a lucrative business venture. Obama's insistence that Global Warming is top priority only goes to show just how quickly he intends to make good on his deal with Wall St.. Even Al Gore himself has his own investment in the Carbon Trading scam through his firm Generation Investment Management. Everybody except the general public, whose welfare, we are told, is such a top priority, is getting on the latest Investment gravy train. They tapped out the taxpayers by bleeding them until they were dry so now it's time for a new investment opportunity that will cause untold hardship for the poor, impose a tax burden on industries trying to get to their feet after being knocked flat and inject another poison arrow in to the real economy.

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©2008 Andrew Hughes, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Saturday, December 20, 2008
Last modified: Saturday, December 20, 2008

The views expressed in this article are those of Andrew Hughes only and do not represent the views of Nolan Chart, LLC or its affiliates. Andrew Hughes is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.

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Posted By: Jahfre Fire Eater
Date: 2008-12-20 09:08:57

Since I live at an elevation of 9000 ft I wouldn't have a problem with the sea-level raising a mile or so.  :-)  It would be nice to have beaches in Colorado again but it certainly wouldn't be the first time.

The climate change fear-mongers have based their "science" on something akin to watching 3 frames from a movie and deciding how it ends based on those 3 frames.  They want power and influence.  They want to be remembered in our future history.  They and their zombie supporters should not be taken seriously.  In fact, public humiliation at ever opportunity seems the best approach for dealing with those who have been manipulated by the climate change fear mongers.

-Jahfre Fire Eater   

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Posted By: Nickalis Tower
Date: 2008-12-20 09:55:43

When the party celebrating the truth and the end of the climate debate ensues, Jahfre, I'd like to be a guest at your house in Colorado... 9000ft in the mountains sounds like a good time.  Brings back memories of a vacation I took in the 90s.

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Posted By: Antonio Sosa
Date: 2008-12-20 12:29:56

You are right, Jahfre. No wonder U.S. enemies, including Soros, support Obama. It's hard to imagine anyone who could cause us more harm. Obama is going to push the climate scam down our throats, which will enrich the scammers (Gore) and multiply poverty for the rest of us, including the brainwashed lemmings, who were fooled as the most ignorant Venezuelans, Bolivians or Ecuadorians and voted for a Chavez-like Marxist who hates America.

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Posted By: Nickalis Tower
Date: 2008-12-20 21:15:26

Who is this 'Soros' creature?  I see nothing vile about Mr. Soros yet, nor Mr. Gore, albeit he claims he invented the internet.  Whoops!

There's Obama, but what makes you thing that Barack Hussein Obama is the enemy of us?  The U.S. will be pleasantly surprised by his administration.  It won't be like Jimmy Carter at all, insofar as economic ruin will not be our destiny.  I think we're in good hands with President-Elect Obama.

I'll state it for the record: Obama might prove to be the white-knight able to fly high (9000 ft) above the Blagovitch scandal.

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Posted By: Antonio Sosa
Date: 2008-12-26 10:32:55

Nickalis Tower, if you don't know who George Soros is, please learn who he is. He is a most vile, evil man who is working to destroy us. Soros is a multi-billionaire who uses his billions to brainwash and manipulate the world against the U.S. and against our basic Christian principles. He operates through countless foundations and organizations, and owns and/or manipulates much of the media. Just to give you an example, Catholic organizations funded by Soros worked hard to make Obama seem pro-life on abortion. Catholics in Alliance for the Common Good and Catholics United worked overtime to mask Obama's pro-abortion views. The groups have called him pro-life even though he supports unlimited abortions throughout pregnancy for any reason. http://www.catholicleague.org/catalyst.php?year=2008&month=December&read=2513 Catholic League president Bill Donohue exposed the ties between George Soros and two left-wing Catholic groups. Soros funds the Catholic Left and Catholics for Choice (the pro-abortion group that has twice been condemned as a fraud by Catholic bishops) to be able to use them for his evil deeds. Denver Archbishop Charles Chaput accused Catholics in Alliance and Catholics United as doing a "disservice" to the Catholic Church, and he was absolutely right. Soros is using Catholics to destroy Catholic believes. Soros's manipulation of Catholics is just one of Soros's evil angles in the U.S. Multiply that by hundreds, not only in the U.S. but all over the world (Chávez and other U.S. enemies work with Soros), and you can see how malignant Soros's influence is.

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