3 May 2010

Cap & Trade: Scam of all time ! ! !

Posted by admin under: Politics .

On April 29th show of GB, he has connected all the dots that points to a devious scam that started from the Joyce Foundation (Giggles on the board at the time) funding the creation of the Carbon Exchange in Chicago, Franklin Raines past scandalous CEO involvement in Fannie Mae to  acquired Patent No. 6904336 that was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — the day after Democrats took control of Congress. This Patent provides the mechanism to implement the Cap and Trade system. Goldman Sacks has a 10% stake in Chicago Carbon Exchange also involved is Al Gore and others…to the wizard Joel Rogers mastermind.

Read Fannie Mae owns patent

Read GB summary of show

Read more plot

Read The Wizard

update:  The Chicago Climate Exchage was suddenly sold on friday.. 4 days after this story broke (for 1/3 of it’s value from 6 months ago). They are trying to make a rapid exit..

NEW YORK (TheStreet) — Future exchanges operator IntercontinentalExchange(ICE) said Friday it has agreed to buy Climate Exchange in a deal that values Climate Exchange at about 395 million pounds ( $604 million).

Under the terms of the deal, Climate Exchange shareholders will receive 7.50 pounds in cash for each share in Climate Exchange held at April 30. The transaction consideration will include $220 million that has been drawn from ICE’s existing credit facilities, and the remainder from existing cash resources. 

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