Sunday, 29 November 2009

Obama, Maurice Strong, Al Gore key players cashing in on Chicago Climate Exchange

March 30, 2009 — Stefan Fobes

Obama’s involvement in Chicago Climate Exchange–the rest of the story

3.25.09 / Judi McLeod / Canadian Free Press

Good news to know that the truth will always out–even when you’re Barack Obama.

“Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress” is a FOXNews story by Ed Barnes.  In short, “While on the board of a Chicago-based charity, Barack Obama helped fund a carbon trading exchange that will likely play a critical role in the cap-and-trade carbon reduction program he is now trying to push through Congress as president.”

The charity was the Joyce Foundation on whose board of directors Obama served and which gave nearly $1.1 million in two separate grants that were “instrumental in developing and launching the privately-owned Chicago Climate Exchange, which now calls itself “North America’s only cap and trade system for all six greenhouse gases, with global affiliates and projects worldwide.”

And that’s only the beginning of this tawdry tale, Mr. Barnes.

The “privately-owned” Chicago Climate Exchange is heavily influenced by Obama cohorts Al Gore and Maurice Strong.

For years now Strong and Gore have been cashing in on that lucrative cottage industry known as man-made global warming.

Strong is on the board of directors of the Chicago Climate Exchange, Wikipedia-described as “the world’s first and North America’s only legally binding greenhouse gas emission registry reduction system for emission sources and offset projects in North America and Brazil.”

Gore, self-proclaimed Patron Saint of the Environment, buys his carbon off-sets from himself–the Generation Investment Management LLP, “an independent, private, owner-managed partnership established in 2004 with offices in London and Washington, D.C., of which he is both chairman and founding partner. The Generation Investment Management business has considerable influence over the major carbon credit trading firms that currently exist, including the Chicago Climate Exchange.

Strong, the silent partner, is a man whose name often draws a blank on the Washington cocktail circuit.  Even though a former Secretary General of the 1992 United Nations Conference on Environment and Development (the much hyped Rio Earth Summit) and Under-Secretary General of the United Nations in the days of an Oil-for-Food beleaguered Kofi Annan, the Canadian born Strong is little known in the United States.  That’s because he spends most of his time in China where he he has been working to make the communist country the world’s next superpower.  The nondescript Strong, nonetheless is the big cheese in the underworld of climate change and is one of the main architects of the failing Kyoto Protocol.

Full credit for the expose on the business partnership of Strong and Gore in the cap-and-trade reduction scheme should go to the investigative acumen of the Executive Intelligence Review (EIR).

The tawdry tale of the top two global warming gurus in the business world goes all the way back to Earth Day, April 17, 1995 when the future author of “An Inconvenient Truth” travelled to Fall River, Massachusetts, to deliver a green sermon at the headquarters of Molten Metal Technology Inc. (MMTI).  MMTI was a firm that proclaimed to have invented a process for recycling metals from waste.  Gore praised the Molten Metal firm as a pioneer in the kind of innovative technology that can save the environment, and make money for investors at the same time.

“Gore left a few facts out of his speech that day,” wrote EIR.  “First, the firm was run by Strong and a group of Gore intimates, including Peter Knight, the firm’s registered lobbyist, and Gore’s former top Senate aide.”

(Fast-forward to the present day and ask yourself why it is that every time someone picks up another Senate rock, another serpent comes slithering out).

“Second, the company had received more than $25 million in U.S. Department of Energy (DOE) research and development grants, but had failed to prove that the technology worked on a commercial scale.  The company would go on to receive another $8 million in federal taxpayers’ cash, at that point, its only source of revenue.

“With Al Gore’s Earth Day as a Wall Street calling card, Molten Metal’s stock value soared to $35 a share, a range it maintained through October 1996.  But along the way, DOE scientists had balked at further funding.  When in March 1996, corporate officers concluded that the federal cash cow was about to run dry, they took action: Between that date and October 1996, seven corporate officers–including Maurice strong–sold off $15.3 million in personal shares in the company, at top market value.  On Oct. 20, 1996–a Sunday–the company issued a press release, announcing for the first time, that DOE funding would be vastly scaled back, and reported the bad news on a conference call with stockbrokers.

“On Monday, the stock plunged by 49%, soon landing at $5 a share.  By early 1997, furious stockholders had filed a class action suit against the company and its directors.  Ironically, one of the class action lawyers had tangled with Maurice strong in another insider trading case, involving a Swiss company called AZL Resources, chaired by Strong, who was also a lead shareholder.  The AZL case closely mirrored Molten Metal, and in the end, Strong and the other AZL partners agreed to pay $5 million to dodge a jury verdict, when eyewitness evidence surfaced of Strong’s role in scamming the value of the company stock up into the stratosphere, before selling it off.

In 1997, Strong went on to accept from Tongsun Park, who was found guilty of illegally acting as an Iraqi agent, $1 million from Saddam Hussein, which was invested in Cordex Petroleum Inc., a company he owned with his son, Fred.

These are the leaders in the Man-made Global Warming Movement, who three years later were to be funded by the man who was to become President of the United States of America.

If we follow the time line on where Obama was during the funding of the Chicago Climate Exchange, he was still a professor 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.

Obama was never the character he created for himself in the fairy-tale version in “Dreams of My Father”.  He’s the agent of Change and Hope for cohorts making money down at the Chicago Climate Exchange.

The Barbarians are pushing at the gate of the Global Warming fraud, and to borrow a line from children playing Hide and Seek, Here they come, ready or not!

Posted in Global Warming Scam. Tags: , , ,, , , , . 16 Comments »

16 Responses to “Obama, Maurice Strong, Al Gore key players cashing in on Chicago Climate Exchange”

  1. Pat Carlson Says:
    April 1, 2009 at 2:22 pm

    Thanks for making the connection between the three men. Already knew about Gore and the Chicago Climate Exchange, but didn’t know about Strong’s and Obama’s connection.

    I am attending the latest UN Climate Change conference in Bonn, Germany until the 8th of April. Not much is happening, but despite the world experiencing two of the coldest winters on record, the IPCC insists warming is still happening and will continue as their worst case scenario predicted.

    It seems a lost cause.

    Pat Carlson

    Reply
  2. Mike in Vancouver Says:
    April 28, 2009 at 11:25 am

    There is always money to be made off of anything that becomes big news in a democratic/capitalist society. There will always be palm-greasing within the political machine. Maybe global warmin is a hoax, maybe not. If a few people make a bunch of money telling the world to clean itself up, recycle and reduce carbon emissions, then so be it. I bet you there’s been a little palm-greasing behind the (completely unnecessary) war in Iraq.

    Reply
    • greatrighthope Says:
      June 18, 2009 at 11:53 am

      This man, Maurice Strong, moves in the shadows. He has constructed the demise of American strength, the American economy and America’s position in the world to further a UN agenda. He is a world socialist. The problem Mike in Vancouver is that all they are doing is “telling” people to clean up. They are not adjusting their impact in any way and what they are encouraging the rest of us to do will have no effect on anything except make them piles of money and give them mind boggling control over our lives…it is the biggest scam in history. Our entire economy and way of life is on the line. Make no bones, there will be tremendous cost attached to this one. An iniative that has no downside for them and we will pay very dearly for. No time for moral relativism my friend. This is a remarkable article that should be on everyone’s front page.

      Reply
      • stj911 Says:
        November 28, 2009 at 11:54 pm

        The american people and their spineless politicians have given the US its current failed position. You have been living way beyond your means wasting more than your fair share of earth’s resources and whenever you ran short you would invade or intimidate a country till it gave you the cheap OIL you base your cheap economy on. Americans have no interest in Elections (voting) so they get the same right wing A and right wing B corrupt,corporate owned policies. You have no idea what left wing politics is. You have many socialist systems and the most famous of these is your military. Totally paid for by the taxpayer,everyone in uniform,everyone told to think the same way. I thought the credit fraud crisis would wake you up but you still love capitalism over anything else.Capitalism is OK if it had some way of spreading the wealth and is able to be held to account. The fifty years of Cold War propaganda has blinded you. It’s about time you visited the rest of the world to see what really goes on. Because right now the only ones buying your currency and bonds are the communist farmers who manage to save more than you even on their meagre earnings.

      • c Says:
        November 29, 2009 at 10:33 am

        “Capitalism is OK if it had some way of spreading the wealth and is able to be held to account. ”

        it is called private charity and is the 1st target and casualty of enchroaching socialism. as far as accounting, ask john anderson, or the gao.

      • c Says:
        November 29, 2009 at 10:35 am

        arthur anderson and hr block can measure a bean

    • Joe Gall Says:
      November 28, 2009 at 6:22 pm

      You send them your money, Mike in Vancouver.

      Those of us who want freedom from the corporate-socialist hive masters don’t want the scumbags ripping us off.

      Reply
  3. ddearborn Says:
    June 28, 2009 at 11:16 am

    Hmmm….

    Once again it sounds like a totally regressive tax on the working class. Just another round of wealth transfer from the working class to the elite. Of course evenually the poor will not have anything left to have stolen from them. At which point (which is rapidly appoaching IMHO) our society will be abandoned by the ruling elite and left to rot. They will move on to Asia and a whole new group of suckers to steal from.

    Reply
  4. Global Warming Swindle II « F*ck Politics Says:
    July 10, 2009 at 5:08 am

    [...] (Speaking of Obama, did you know this bit of hidden history about him and climate change: Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through Congress??? Well, there’s more: Obama’s involvement in Chicago Climate Exchange–the rest of the story [...]

    Reply
  6. Sandra in NC. Says:
    October 21, 2009 at 8:19 pm

    We better watch what will be going on in Copenhagen when all these climate control freaks get together.Obama will suposedly sign us over to a one world government.We as Americans better wake up.What is it going to take for the liberals to see that this man doesn’t care about us. All he cares about is power and money.If any of you believe in God,you better get on your knees and pray as you have never prayed before.I myself believe that he could be the antichrist or he will be ushering him in.

    Reply
  7. Your Trusty Guide To Climategate | Right Soup Says:
    November 25, 2009 at 12:14 pm

    [...] Climate Audit- Steve McIntyre’s site. Steve is the guy that filed all of those pesky FOIA requests of “The Team” over the past 8 years. Obama And Al Gore: Cashing In On Climate Change [...]

    Reply
  8. BR Says:
    November 28, 2009 at 3:19 am

    Wonderful article from March ‘09 and here we are in Nov. ‘09 in the midst of Climategate breaking! Wow. Thank you for your research.

    One Worlders, all your pillars are falling.

    Reply
  9. The End Says:
    November 28, 2009 at 2:49 pm

    Hacked/leaked Hadley CRU emails & documents prove that even the top scientists studying Global Warming don’t really believe in it!!!

    They talking about various “tricks” for “hiding the decline” of temperatures (can’t let the public know that the EARTH IS COOLING DOWN after you’ve been scaring them about how hot it’s gonna get!!); they talk about tinkering with their climate simulation program’s code until it will spit out the “correct” results—this means that they are deciding ahead of time what the results will be!!! THAT’S THE OPPOSITE OF THE SCIENTIFIC METHOD!!!!

    They talk about controlling the peer-review system which reviews their work!—if someone disagrees, they can boot them off the panel! Enforcing consensus!

    Spread the word of this to EVERYONE you know. The mainstream lie-factories will just blow it off and desperately hope that their non-chalance fools us. But the mask has indeed slipped…

    Reply
  10. Miguel Grande Says:
    November 29, 2009 at 7:11 am

    The science is in, the consensus is undeniable, Gore, Obama, Mann, Strong, etc are climate whoring crooks. I believe we have enough evidence to impeach, prosecute and imprison Obama & company. How’s that for change?

    This doesn’t look too good for the main stream media after they helped promote this fraud. Now they are doing their feeble best to hide Climategate from the people. I haven’t seen anything (Global Warming) completely collapse this quickly since I saw a 47 story skyscraper mysteriously collapse into its own footprint in 6.3 seconds. OUCH!!

    Reply
  11. Obama, Maurice Strong, Al Gore Key Players Cashing in on Chicago Climate Exchange | NW0.eu Daily News Says:
    November 29, 2009 at 8:32 am

    [...] Read more… Possibly Related Posts:Al Gore Admits CO2 Does Not Cause Majority Of Global WarmingGore Not Interested In Solutions To Climate Change That Don’t Line His PocketsGore Flees in Panic from Chicago Book SigningGovernment Impose ‘Carbon Capture Tax’ to Fund Coal-Fired Power PlantsAl Gore Set To Become First “Carbon Billionaire” Comments [0]Digg it!Facebook [...]

Posted by Britannia Radio at 18:03