David Gelbaum, once anonymous cash cow to an alphabet soup of left-wing organizations, won't be milked again anytime soon. With his portfolio dwindling because of politicized "clean energy" investments, Gelbaum notified the ACLU, the Sierra Club, and other outfits that he can't bankroll them any longer. So what? It's just one donor, right? Gelbaum donations account for 25 percent of the annual budgets of the ACLU and the Sierra Club Foundation. Gelbaum has donated almost $100 million a year for the last four years to various groups. Who says trickle-down economics is a myth? Not the ACLU--at least not anymore.
If Al Gore and the climate goons have their way, there's a strong likelihood he'll be significantly richer and in a much better position to fund the ACLU and others. This CO^2 mythology is yet another way for the government to siphon money from the public to private tyrannies. Al Gore and David Gelbaum are probably poised to profit from this redistribution. Goldman Sachs will be one of the principle beneficiaries of carbon credit trading.
There's a very simple remedy for improving environmental conditions: charge private tyrannies for the devastating health and climate externalities related to their trade. That lifts the burden off of ordinary citizens and places it where it belongs: on the corporate criminals who pollute our food, water, and air.
It won't really matter who invests individually or privately after Copenhagen, because Obama will make sure it's you and me, "Joe Taxpayer", who funds these industries by public "investment".
Stimulus; borrowing more foreign money; printing more dollars; Cap and Trade; takeover of healthcare; more war spending; Stimulus II; nationalizing 30 million illegals......it's all going according to plan to wreck the U.S. of KKK.
Didn't matter who won the Presidency, right?
Are we learning yet?
Let's just start off by understanding that there is no Global Warming - period. Never mind anthropogenic Global Warming. Climate Change? Yes. In fact, when I got up this morning, the climate had changed from yesterday and I suspect that the climate will change tomorrow too. The Sun tells me so.
That is why it's absurd to ruin our quality of life and the economic health of our nation assigning costs to fix a problem that doesn't exist.
So this strikes me as even more absurd -
"charge private tyrannies for the devastating health and climate externalities related to their trade. That lifts the burden off of ordinary citizens".
First off, see paragraph two. And, who do you think will pay for levying phony baloney costs on private businesses? Those same "ordinary citizens" who we're lifting the burden off of will end up defraying the costs to those businesses is who. As is always the case.
