GE To Make BILLIONS From Obama Cap and Trade Scheme
Breaking: O’Reilly reports that General Electric in the position to make billions from Obama’s Cap and Trade scheme and is lobbying heavily for it’s passage. Not only are they the largest wind turbine generator maker, they are going to profit heavily from the “cap and trade” credits as possibly the sole “secoindary market’ trader of these credits. Now do you understand the main stream NBC, MSNBC, CNBC fully supporting the Obama agenda, and the hate-filled, anti-conservative spew from their networks.
On tonights “The Factor”, O’Reilly reported that GE is embroiled in what perhaps could be the largest scandal in the history of this nation. Currently, GE and CEO Jeffery Immelt have spend millions in lobbying efforts to assure the passage of this dasturdly “cap and trade” proposal. And, as evidenced from the Shareholders meeting in Orlando, Immelt wasn’t in the mood for the boo’s and the questions that exposed the media bias from NBC and MSNBC (and CNBC) and their total shift from objective reporting to nothing but pure bias toward the Obama administration and their “cap and trade” scheme.
Then Janeine Garafalo did her “hit shtick” on Olberman’s show earlier in the week, it was obvious that his entire lack of response to her diatribe was in full support of GE corporate policy and Olberman was being the compliant little prick he is and following the company line. It is OBVIOUS as the nose on anyone’s face that the NBC networks, that includes MSNBC and CNBC are totally pro-Obama agenda driven, and are using the bully pulpit to promote his legislative proposals. In the back of my mind, I knew deep down that General Electric, as owner of the NBC network, was fully supporting Obama, was instrumental in his election, and had something to gain. However, I never quiet made the connection as reported tonight.
Under the Obama plan, the “cap and trade” credits will be issued to all producers of energy. GE is the largest manufacturer of wind turbines as well as other electical generation turbines used in coal, gas, atomic, and hydroelectic electricity generation facilities. With the Obama plan, those cap and trade credits would be issued by the Federal Government, and ultimately, traded just like any stock or bond. GE has apparently, created and entire unit with the Corporation that would deal in the Secondary Market trading these credits. First, they are going to take in billions of dollars from government contracts in wind energy. Second, they perhaps are going to have exclusive control over the secondary market for these cap and trade credits. That, in effect, puts GE in the catbirds seat for all energy produced in this nation as ALL “carbon emission” energy sourced are going to be subject to these carbon schemes. This includes ANY oil related, natural gas related, gasoline, diesel, and any other manufacturer that uses any petro-based component. That means every single plastic container, every car, every chemical fertilizer, every pesticide, every single thing you use will be subject to this scheme as it too, is made from a carbon based material.
Also reporting on this is Amy Ridenour on her National Center Blog. A brief section of her post is as follows:
It’s no wonder GE is defensive, however. As Tom’s pointed questions, and Bill O’Reilly’s comments tonight on the Glenn Beck TV show (“We’re in an area right now that makes Watergate look like a Shirley Temple movie.”) illustrate, the best that can be said about General Electric is that it is hip deep in conflict of interest. It’s running TV networks that prop up liberalism, the global warming issue and Obama, while privately lobbying hard for cap-and-trade, from which it intends to profit heavily.
There can be no doubt that GE is up to it’s neck in this scandal. It is further evidence that WE THE PEOPLE of this nation are going to have to quit sitting still and allowing this huge, overblown government from dealing with GE for any contracts awarded to them for anything. Face some realities- GE is one of the governments largest contractors and they are going to get billions and billions more under the Obama plans should they become law. This, with no words minced, is an OUTRAGE to the foundation of this nations Constitutional government. Additionally, GE employees contributed to Obama’s campaign, close to $98,000 while NBC employees contributed close to $194,000. (For reference, the McCain camp only received donations close to $55,000 from GE/NBC employees according to OpenSecrets.org) They heavily invested in his election and the desire for his climate change initiatives to become law for a very selfish reason- massive profits.
There can be no doubt that the very reason NBC, MSNBC, and the MSM is fully supporting the “settled science” on climate change is GE profit driven. They stand to make BILLIONS from the promotion of the scam on the American people and the world. It is also no wonder that they fail to report the empirical data studies that are refuting the idea that CO2 is the evil climate change culprit. It is no wonder that GE is spending the millions in lobbying efforts for support of the legislation that makes CO2 an evil thing that only they can resolve. This collusion of GE and the United States government is heading down the road as the largest scandal in American history. If you aren’t outraged now, then please, find another Socialist nation to live in. I don’t plan to go down without a fight.
Now, more than ever, your help is needed. In the upper right navigation bar is a link to a Petition for Redress of Grievances. Now is the time to sign it, and to support this grassroots effort to let Congress know that we are not happy with this massive expansion of government and that “WE THE PEOPLE” are going to take back our nation from the GE’s and the scandalous lobbying for government deals gone out of control. Unless you do something, then nothing is going to happen. Your voice matters and it’s not necessarily at the ballot box either. Our founders understood that and gave us that right in our Bill of Rights. Don’t sit on the side lines and let this nation be over-ran by the Socialist/Statists/Fascists in power. It’s time to take action now since to do otherwise is going to cost you, your family, and your kids and grandchildren for the rest of their lives.
I wonder, since it appears that Al Gore is going to be cut out of this deal, will he NOW release new information that reports “global cooling” is NOW the greatest threat to the world? I imagine that he will very soon. Money talks in Washington as the American people are getting the screwing they elected in November. Now, once again, I told you so.
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Tags: cap and trade, carbon scam, Climate Change, Garafalo, GE, General Electric, global warming, global warming scam, Jeffery Immelt, Liberal Agenda, liberal media bias, MSNBC, NBC network, Olberman
New blog posting, GE To Make BILLIONS From Obama Cap and Trade Scheme – http://tinyurl.com/cbzqxg
OReilly reported GE Cap and Trade, media bias Scandal- more on the story http://tinyurl.com/cbzqxg #tcot
GE lobbies for CAP & Trade~ Seeks BIG profits! http://thecommonconservative.com/?p=446
To increase their power and wealth at our expense, Obama and his billionaire fraudulent friends (Gore, Soros, Goldman Sachs, the Chicago Climate Exchange guys, GE, etc.) have been trying to brainwash us for years with the man-made global warming scam.
GE, for example, has bombarded us with daily propaganda — through its NBC networks, that includes MSNBC and CNBC — to make us swallow the scam. Why? Because they stand to make BILLIONS from the scam. Not only GE is the largest wind turbine generator maker, but it may benefit as the sole “secondary market” trader of the cap and trade credits.
Those behind the global warming scam lie, manipulate, intimidate, and demonize dissenters. Those unwilling to support the scam are supposed to be in “Exxon’s pocket” or morons. Meanwhile, nothing is said about scientists receiving millions from the scammers to find new ways to brainwash us daily with the global warming/cap and trade scam.
We pray that honest officials — Democrats and Republicans — are able to save us from Obama’s destructive and evil schemes, such as cap and trade. Cap and Trade “would be the equivalent of an atomic bomb directed at the U.S. economy—all without any scientific justification,” says famed climatologist Dr. S. Fred Singer.
It would significantly increase taxes and the cost of energy, forcing many companies to close, thus increasing unemployment, poverty and dependence. Cap and trade would further enrich Obama’s billionaire friends while helping him achieve his goal of transforming the U.S. into another socialist/communist GULAG like Cuba.
RT @YostforCongress: Obama C&T scheme – GE to make MILLIONS from deal- LONG ago I knew this- http://thecommonconservative.com/?p=446
[...] Electric stand to make billions from the “market trading” of cap and trade credits. See this article for more details that I discovered months ago and encouraged the defeat in Committee at the [...]
global warming is real. if we don’t do something to deal with it, the costs will be much more than if we don’t deal with it.
First, respectfully, I would offer you read the REAL SCIENTIFIC data…not the “models” that are nothing but theorems that have NOT been proven with the empirical evidence.
Since 2000, the global temps are falling, NOT increasing as well as the same happening to Mars, Jupiter, and Saturn (those we can measure). EVERY indication is that any “warming” is due to solar activity, NOT CO2 emissions.
Just keep drinking the koolaid. Sooner or later it will start tasting REAL BAD…when your WALLET is empty, so is your gas tank, and you have NOTHING to pay for the $6-8 a gallon fuel…as Obama says “everything is JUST FINE” !!
Obama is really quite sincere about his green energy plan – and he truly believes the American citizens are buying into it. One question, please? GE’s going to make a nice little bundle of money on this bill – but why did Big O enlist G.E., a company that is on the Toxic Top 10 list of Worse Polluters in the Nation? Anybody? Am I missing something?
http://www.peri.umass.edu/toxic100/
==
If you put two and two together, in a simplistic way, you answer your own question. First, GE will be the major player in the Wind Turbine power generation business. It meets Obama’s total call for “green energy” to resolve a TOTALLY NON-EXISTENT global warming issue. Second, it would have allowed GE to be the major reseller of excess Carbon Credits, however, to my understanding, that provision was changed (perhaps due to public outcry?).
Either way, GE was one of the largest contibutors to the Obama campaign for POTUS and now it payback time. We don’t have to wonder if that is the case, just look at the states and municipalities that are getting “stimulus money”. They are all Blue regions.
[...] [...]
GE To Make BILLIONS From Obama Cap and Trade Scheme
http://thecommonconservative.com/?p=446
GE To Make BILLIONS From Obama Cap and Trade Scheme
http://thecommonconservative.com/?p=446
GE To Make BILLIONS
http://thecommonconservative.com/?p=446
[...] this down their throats? It's criminal. China falls short on climate commitment, Prentice says GE To Make BILLIONS From Obama Cap and Trade Scheme | The Common … Problems and Priorities Become a CF Site Supporter Today and Make These [...]
[...] by any means but a feasable one when dealing with extremely powerful psychopathic entities. GE To Make BILLIONS From Obama Cap and Trade Scheme | The Common … __________________ get to know your president -a pictue is worth a thousand words To view links [...]
[...] trading. Then, there’s General Electric, whose CEO has close ties to Obama. G.E. stands to rake in billions if Cap and Trade legislation passes [...]
[...] trading. Then, there’s General Electric, whose CEO has close ties to Obama. G.E. stands to rake in billions if Cap and Trade legislation passes [...]
[...] right now with health care reform (with help from Big Pharma and the AMA) and cap and trade (with help from GE and Wall St). History repeating itself once [...]
[...] Money. Greed. Your freedom and quality of life is at [...]
[...] stand to profit handsomely from everyone else's misery. Prominent examples are Al Gore and GE (owner of NBC). Another example is supposedly conservative Condoleezza Rice:Condoleezza Rice is on [...]
[...] stand to profit handsomely from everyone else’s misery. Prominent examples are Al Gore and GE (owner of NBC). Another example is supposedly conservative Condoleezza Rice: Condoleezza Rice is on [...]
GE To Make BILLIONS From Obama Cap and Trade Scheme
http://thecommonconservative.com/?p=446
[...] that major corporations like British Petroleum and General Electric have allied themselves with President Obama’s big government environmental agenda. Disregard [...]
GE To Make BILLIONS From Obama Cap and Trade
http://thecommonconservative.com/?p=446
RT @silly1956: GE To Make BILLIONS From Obama Cap and Trade http://thecommonconservative.com/?p=446