Look 51, admit it. Republicrats are both hosing the country. Yet you clamor for the donkey side and the assumed honesty and idealism as the panacea for our future. Now here's something you'll crap all over but the issue is black and white.
Obama is setting up his retirement scam.
Friday, September 17, 2010 7:48 PM
Subject: Connect the Dots - The Next Big Scam
The first part is a little boring, but stick with it. The second part
connects all the dots for you (it will open your eyes). The end explains how
Obama and all his cronies will end up as multi-billionaires.
A small bank in Chicago called SHORE BANK almost went bankrupt during the
recession. The bank made a profit on its foreign micro-loans (see below) but
had lost money in sub-prime mortgages in the US . It was facing likely
closure by federal regulators. However, because the bank's executives were
well connected with members of the Obama Administration, a private rescue
bailout was arranged. The bank's employees had donated money to Obama's
Senate campaign. In other words, Shore Bank was too politically connected to
be allowed to go under.
Shore Bank survived and invested in many "green" businesses such as solar
panel manufacturing. In fact, the bank was mentioned in one of Obama's
speeches during his election campaign because it subjected new business
borrowers to eco-litmus tests.
Prior to becoming President, Obama sat on the board of the JOYCE FOUNDATION,
a liberal charity. This foundation was originally established by Joyce
Kean's family which had accumulated millions of dollars in the lumber
industry. It mostly gave funds to hospitals but after her death in 1972, the
foundation was taken over by radical environmentalis ts and social justice
extremists.
This JOYCE FOUNDATION, which is rumored to have assets of 8 billion dollars,
has now set up and funded, with a few partners, something called the CHICAGO
CLIMATE EXCHANGE, known as CXX. It will be the exchange (like the Chicago
Grain Futures Market for agriculture) where Environmental Carbon Credits are
traded.
Under Obama's new bill, businesses in the future will be assessed a tax on
how much CO2 they produce (their Carbon Footprint) or in other words how
much they add to global warming. If a company produces less CO2 than
their allotted measured limit, they earn a Carbon Credit. This Carbon Credit
can be traded on the CXX exchange. Another company, which has gone over
their CO2 limit, can buy the Credit and "reduce" their footprint and tax
liability. It will be like trading shares on Wall Street.
Well, it was the same JOYCE FOUNDATION, along with some other private