“Almost a year to the day that the Climate Gate story broke in Europe and doomed carbon trading in the rest of the world, a story that the American media have refused to cover . . . another crucial story broke in the heartland of this country and again the American media refused to cover it. Americans, the salvation of your nation has advanced from Square #1 to Square #2 . . . .” Rajjpuut
Is CCX Too Big and Well-Connected to Fail?
In the wake of the multi-billion dollar taxpayer rape; insider Obama benefit party; and UAW union theft, better known as the General Motors initial public offering (GM IPO) there was unfortunately for the left some really, really bad news from nearby Chicago. The Chicago Climate eXchange (CCX) has given up the carbon trading business which is like the Three Stooges swearing to never, never again throw a pie in someone’s face.
ITEM: Ballot Blues for Barack: it’s been a rough three weeks for Barack Obama. First there was this little matter of stupid American voters not getting with the program and backing the Grate-One’s policies intended as they are to destroy America the Beautiful as we know it; 6,000 fewer progressive Democrats will be uglying up the scene come January including 64 fewer Congressional Reps in Washington; six fewer senators and 8 fewer governors and roughly 700 fewer state legislators. Getting specific: of the 98 bi-cameral state chambers (Nebraska has a unicameral setup) Republicans now hold 55; Democrats hold 38; two are evenly split; and three are still undecided. The excuses had started three weeks before election eve and continue: basically, Barack is sorry that he couldn’t “dumb- down” his message of glorious intellectual achievement so that the ignorant masses could realize what a savior on earth he is.
ITEM: Obama came out of his recent trips to South Korea and Japan with only handshakes to show for it. No important new agreements or trade deals were accomplished. The folks in New Delhi, India are meanwhile checking to see if they still have hands at the end of their wrists after making a trade agreement with Obama which will create more Indian jobs but tie them more strongly to the failing American dollar than any wise country would ever hope to be . . . call that one a tie. But the big loss was Obama’s hope to use the G-20 forum to get consensus that China must stop manipulating their currency . . . only to be called a hypocrite since the American Federal Reserve Bank under Fed Chief Ben Bernanke has twice use Quantitative Easing (Monetizing the U.S. debt) in the last three months which means that the World’s Reserve Currency (the dollar) can be predicted to drop substantially in value, a curse for Americans and for countries like China, Japan, Russia, India, Germany, Brazil and South Korea which hold huge amounts of American dollars.
ITEM: Obama and Attorney General Eric Holder tried to put a happy-face upon the recent terrorism trial in a civilian court in which a man who twice in the last 11 years (his attack was BEFORE 9/11) confessed, was acquitted of 284 of the 285 charges against him. The populace, far from being fooled was outraged.
ITEM: The Obama administration tried to make the GM IPO look like the greatest positive advance since sexual intercourse was invented . . . but the jury was still out because rumors claim that Obama insiders got first crack at the GM stock rather than an impartial auction taking place; it appears that the nominal $50 Billion loaned to GM was nowhere near covered; the UAW union that supported Obama cleared $4 Billion from the IPO and the stock saw only a modest gain on the day roughly $1.40. Meanwhile angry Republicans are investigating the improprieties and the rape of the taxpayers which took place.
ITEM: Almost a year to the day that the “Climate Gate” story** broke in Europe (see links above) and doomed carbon trading in the rest of the world, a story that the American media have refused to cover . . . another crucial story broke in the heartland and again the American media refused to cover it. Fellow Americans, the salvation of your nation has advanced from Square #1 to Square #2 . . . . the Chicago Climate eXchange, that once appeared to have it in its power to bring progressive politicians $10 TRillion per year in largesse while reducing the American nation to the status of Banana Republic 3rd Class, that CCX, has pulled up its tent and retreated from the scene. The legions of pr0gressive Democrats aligned to shake down the capitalistic dream by co-opting 40% of the American economy while literally trading blue sky must have seen the writing on the wall when the election results poured in like a massacre against their twisted philosophy.
Here are some of the saddened hearts in Mudville associated with CCX, one wonders how many millions they each lost: George Soros, Maurice Strong, Barack Obama, Al Gore, Richard Sandor, Joel Rogers, Valerie Jarrett, Bill Clinton, Hillary Clinton, The Shorebank, John Ayers, Michelle Obama, David Blood, Generation Investment Management, Goldman Sachs and much of its top management, Franklin Raines, The Joyce Foundation, The Tides Foundation, Open Society Initiatives, Paula DiPerna, the Apollo Alliance, SEIU, Gerald Hudson, Emerald Cities Collaborative, and roughly 100 other progressive-Marxist crooks and 40 other Soros-inspired progressive foundations (all operating virtually like a money-laundering scam), ad nauseum.