Obama’s Political Payback: Green Corruption –– Part Two - Page 2

With so much at stake for many in this Climate Scam, even if the planet blows up, they will get their cap-and-trade, or a version of it –– a legislation that they helped create, shape, facilitate, lobby, testify, and will continue to push for because at the end of the day, they will ultimately benefit from it –– big time!  And if a Senate bill passes and is reconciled with the tougher cap-and-trade House version, most economic analysis confirm that it will hurt the economy, raise taxes, and kill jobs. Even candidate Obama in 2008 stated, "Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket."

TWO MAJOR PLAYERS IN THIS CLIMATE SCAM: AL GORE AND JOHN DOERR

As outlined in Green Corruption, Part One, the Obama administration has already approved numerous "green" government contracts to the heavyweight Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers (KPCB), of which we already know that Al Gore and John Doerr are both partners. Billions of taxpayer dollars from the Obama Green Stimulus and other government loans and grants are funding KPCB's "green" projects and ultimately their pockets. 

Obviously, government favoritism is at play here and it goes further than KPCB, leaving out a host of companies that offer green energy technologies who are ready to make a positive impact on our environment.  It's a disease within our political structure –– the all too familiar and ugly evolution of "crony capitalism," spewing out of both political parties. However, most of the players in this scam are connected to the party in power –– the Democratic leadership –– so it will move ahead as planned, unchecked.

Ironically, in April 2009 when Gore testified in a hearing before the House Energy and Commerce Committee, he was confronted by Congresswoman Marsha Blackburn (R-Tenn.) about his financial interests in, at that time, to the pending cap-and-trade legislation. What’s funny about this interchange is that Blackburn, citing an October article by the New York Times Magazine about Kleiner Perkins, asked Gore, "Are you aware of that company?"  Gore, laughingly said, “Well, yes, I’m a partner in Kleiner Perkins.” Blackburn then noted that “they [Kleiner Perkins] had invested about a billion dollars in forty companies that are going to benefit from cap-and-trade legislation,” and she asked, “Is the legislation that we are discussing here today; is that something that you are going to personally benefit from?” Blackburn also asked, "Are you willing to divest yourself from any profit?" 

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Article Author: Christine Lakatos

Mother of two awesome daughters, diet book author, ACE Certified fitness expert, and post at  Fitness Flash. My new venture –– ferocious researcher and "Green Corruption" blogger. I'm also a retired athlete, fitness competitor and American Gladiator's contestant, plus more.  

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Article comments

  • 1 - Tom Peters

    Feb 27, 2011 at 10:13 am

    Read this EXPOSE

  • 2 - Christine

    Feb 27, 2011 at 11:35 am

    Oh my, thanks Tom!

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