This'n'That; June 9th[C&Tscam;NYSenate]

Cap-And-Trade Scam

Cap-and-trade definition: Emissions trading (or emission trading) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. It is sometimes called cap and trade. A coal power plant in Germany. Due to emissions trading, coal may become less competitive as a fuel. A central authority (usually a government or international body) sets a limit or cap on the amount of a pollutant that can be emitted. Companies or other groups are issued emission permits and are required to hold an equivalent number of allowances (or credits) which represent the right to emit a specific amount. The total amount of allowances and credits cannot exceed the cap, limiting total emissions to that level. Companies that need to increase their emission allowance must buy credits from those who pollute less. The transfer of allowances is referred to as a trade. In effect, the buyer is paying a charge for polluting, while the seller is being rewarded for having reduced emissions by more than was needed. Thus, in theory, those that can easily reduce emissions most cheaply will do so, achieving the pollution reduction at the lowest possible cost to society.

[This is just another 'legalized' scam promoted by various governments around the world, for their [and other insiders'] benefit. This, on it's face will not work!! To work, the Cap and Trade scam MUST include ALL governmental entities on the planet-from the smallest and weakest collection of mud huts to the largest and most powerful countries-which DOES NOT have one-hundred percent participation. This is just another in a long line of government scams to continue to entice the populice into a "cradle-to-grave" mentality. This is nothing more than an "ACORN re-invention" of FDR's "alphabet programs!!" The primary unintended [but foreseen] consequence will be a greater trashing of the American economy than the Roosevelt Era. Just who stands to gain the most..... none other than Algore; revealed during a session with US Rep Marsha Blackburn, from his home state of Tennessee.]

Rep. Blackburn committed the ultimate faux pas in congress by asking a politician, in this case former Vice President Al Gore, about his financial ties to a “cause” he is working on; global warming. The congressional committee Blackburn sits on, the House Energy and Commerce Committee, is working on the “cap and trade” legislation that Gore strongly supports. Though she is a republican, and Gore seems to imply that her not-to-subtle hostility toward him may come from that, other democrats have also voiced their concerns about the direction Gore wants the legislation to move in. “I am not satisfied that this bill has adequate protections for our workers and our industries” former Energy Committee Chairman John Dingell (D-Mich.) told Gore. Dingell and other Democrats from Rust Belt states fear that forcing companies to buy carbon emissions could push trade-sensitive, fossil-fuel intensive industries such as steel and paper overseas.“ It should be noted that basically this “cap and trade” policy would effectively be a tax on production in the states, and that the “venture capitalist” company that Blackburn exposes Gore’s financial ties too is a joint U.S./China firm, Kleiner Perkins Caufield & Byers (KPCB).

It should also be noted that Gore is heavily involved in several companies, all of which are venture capital companies looking to cash in on the “cap and trade” legislation in the works right now. Gore states that he donates all the “money” he makes right now to his not-for-profit organization the Alliance for Climate Protection (ACP), but he doesn’t say a word about whether or not he is also being reimbursed with stock options from those affiliated companies. Nor does he offer any information about whether or not he is a paid Chairman of the Board of Directors for the Alliance for Climate Protection. As we all know, board members are usually well compensated for their time. Also sitting on the board with him at ACP is Theodore Roosevelt IV the Managing Director at Lehman Brothers, and Lieutenant General Brent Scowcroft who is President of the Scowcroft Group (International Business Advisory group) and former National Security Advisor to President George H.W. Bush. Generation Investment Management is another of Gore’s little projects, when he is not sitting on the boards of Google or Apple. His senior partner in GIM is none other than David Blood of Goldman Sachs. “Prior to co-founding Generation, David Blood served as the co-CEO and CEO of Goldman Sachs Asset Management (”GSAM”) from 1999 to 2003. His responsibilities included all aspects of the global business including portfolio management, sales and client service, risk management and infrastructure.”

One partner of Algore's is from Lehman Brothers and another is from Goldman Sachs then a third has ties to the Bush family? And Algore himself is sitting atop two different investment capital firms that stand to make a killing off the implementation of the “cap and trade” system?

You smell an Insider-Government scam here?!?!?!

Common Sense To New York?

[Hopefully....!! This might mark the temporary end to the "three men in the backroom" method of passing legislation and pushing adgendas in New York politics. While the "coup" only applies to the state Senate, it's a step away from one-party control of the state. With this modicum of sense arriving in the hallowed halls of Albany, can a "national common sense" be far behind? New York State has long been a stronghold of socialism in the country. With this apparent fall from that mindset, can ACORN's {and-by extension-Fluffy obama's} political future be in jeopardy?]

In a remarkable turn Monday, two Senate Democrats voted with Republicans to apparently strip Democrats of the majority they won just five months ago. The action by Sens. Pedro Espada, D-Bronx, and Hiram Monserrate, D-Queens, gave the GOP the Senate majority with just two weeks left in the legislative session. Republicans voted hurriedly to install Espada as Senate president and named Senate Minority Leader Dean Skelos, R-Nassau County, as majority leader, a post he held last year. Democrats took a 32-30 seat majority after last November's elections, the first time they held the majority since 1965. After months of uncertainty, Sen. Malcolm Smith, D-Queens, was named majority leader in January. The flip puts in turmoil a number of legislative issues, including whether the Senate would vote to approve same-sex marriages in New York, whether farm worker rights would be strengthened and whether NYC Mayor Michael Bloomberg would retain control of schools in the city. "We've had five months of chaos in this chamber," Espada, who last fall threatened to not support Smith for majority leader, said after the vote. "My colleagues had the faith to give me this responsibility." A spokesman for Smith termed the action by the Republicans and renegade Democrats "an illegal and unlawful attempt to gain control of the Senate and reverse the will of the people who voted for a Democratic majority." Rochester-area billionaire Tom Golisano said Monday that the reform agenda pushed by his "Responsible New York" committee suffered under Senate Democrats. Golisano, who recently announced plans to change his residency to Florida because of New York's high taxes, said the push to flip the Senate had been under way for about two months. "We said we would support legislators who are motivated to reform and who will continue to do the right things for the state," Golisano said.

Til Nex'Time....