I received this in an email from a former lawyer friend. I thought maybe someone might be interested in this.
Interesting and worth researching. I had not heard of this before or
that it has not been on the network news. There are research links at
the bottom of the story.
Have you heard of Shore Bank ???? Well you should know all you can
about it. Pass this on to EVERYONE that you know.....including the
press..
Date: Sun, 27 Jun 2010 06:41:22 EDT
Subject: ShoreBank (Chicago) and Obama's" Cap and Trade Bill
But, here's the KICKER (THE MONEY TRAIL).
If the Cap & Trade bill passes, it is estimated that over 10 TRILLION
dollars each year will be traded on the CXX exchange. At a commission
rate of only 4 percent, the exchange would earn close to 400 billion
dollars to spit between its owners, all Obama cronies. At a 2 percent
rate, Goldman Sachs would also rake in 200 billion dollars each year.
But don't forget ShoreBank. With 10 trillion dollars flowing though
its accounts, the bank will earn close to 40 billion dollars in
interest each year for its owners (more Obama cronies), without even
breaking a sweat.
It is estimated Al Gore alone will probably rake in 15 billion dollars
just in the first year. Of course, Obama's"commissions " will be held
in trust for him at the JOYCE FOUNDATION. They are estimated to be
over 8 billion dollars by the time he leaves office in 2013, if the
bill passes this year. Of course, these commissions will continue to
be paid for the rest of his life.
Financial experts think this will be the largest "scam" or "legal
heist" in world history. Obama's cronies make the Mafia look like rank
amateurs. They will make Bernie Madoff's fraud look like penny ante
stuff.
Here's the rest of the story...
This story has been put together from various articles and TV shows by
the British Times paper. It shows what Obama and his friends are
really all about. It's not hope and change, it is money.
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
environmentalists 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
partners and Wall Street firms that funded the bailout of ShoreBank.
The foundation is now one of the major shareholders. The bank has now
been designated to be the "banking arm" of the CHICAGO CLIMATEEXCHANGE (CXX). In addition, Goldman Sachs has been contracted to run the investment trading floor of the exchange.
So far so good; now the INTERESTING parts.
One Shore Bank co-founder, named Jan Piercy, was a Wellesley College
roommate of Hillary Clinton. Hillary and Bill Clinton have long
supported the bank and are small investors.
Another co-founder of Shore Bank, named Mary Houghton, was a friend of
Obama's late mother. Obama's" mother worked on foreign MICRO-LOANS for the Ford Foundation. She worked for the foundation with a guy called Geithner. Yes, you guessed it. This man was the father of Tim Geithner, our present Treasury Secretary, who failed to pay all his
taxes for two years.
Another founder of Shore Bank was Ronald Grzywinski, a cohort and close
friend of Jimmy Carter.
The former Shore Bank Vice Chairman was a man called Bob Nash. He was the deputy campaign manager of Hillary Clinton's presidential bid. He
also sat on the board of the Chicago Law School with Obama and Bill
Ayers, the former terrorist. Nash was also a member of Obama's">White
House transition team.
(To jog your memories, Bill Ayers is a Professor at the University of
Illinois at Chicago . He founded the Weather Underground, a radical
revolutionary group that bombed buildings in the 60s and 70s. He had
no remorse for those who were killed, escaped jail on a technicality,
and is still an admitted Marxist).
When Obama sat on the board of the JOYCE FOUNDATION, he "funneled"
thousands of charity dollars to a guy named John Ayers, who runs a
dubious education fund. Yes, you guessed it. The brother of Bill Ayers, the terrorist.
Howard Stanback is a board member of Shore Bank. He is a former board
chairman of the Woods Foundation. Obama and Bill Ayers, the terrorist,
also sat on the board of the Woods Foundation. Stanback was formerly
employed by New Kenwood Inc. a real estate development company
co-owned by Tony Rezko.
(You will remember that Tony Rezko was the guy who gave Obama an
amazing sweet deal on his new house. Years prior to this, the law firm
of Davis, Miner, Barnhill & Galland had represented Rezko's company
and helped him get more than 43 million dollars in government funding.
Guess who worked as a lawyer at the firm at the time. Yes, Barack
Obama).
Adele Simmons, the Director of Shore Bank, is a close friend of Valerie
Jarrett, a White House senior advisor to Obama. Simmons and Jarrett
also sit on the board of a dubious Chicago Civic Organization.
Van Jones sits on the board of Shore Bank and is one the marketing
directors for "green" projects. He also holds a senior advisor
position for black studies at Princeton University . You will remember
that Mr. Van Jones was appointed by Obama in 2009 to be a Special
Advisor for Green Jobs at the White House. He was forced to resign
over past political activities, including the fact that he is a Marxist. Here's the rest of the line-up...and the end result that will affect YOU!
Al Gore was one of the smaller partners to originally help fund the
CHICAGO CLIMATE EXCHANGE. He also founded a company called Generation Investment Management (GIM) and registered it in London , England. GIM has close links to the UK-based Climate Exchange PLC, a
holding company listed on the London Stock Exchange. This company
trades Carbon Credits in Europe (just like CXX will do here) and its
floor is run by Goldman Sachs.
Along with Gore, the other co-founder of GIM is Hank Paulson, the
former US Treasury Secretary and former CEO of Goldman Sachs. His
wife, Wendy, graduated from and is presently a Trustee of Wellesley
College. Yes, the same college that Hillary Clinton and Jan Piercy, a
co-founder of Shore Bank attended. (They are all friends).
Interesting? And now the closing... SHOCKING! BRING YOUR STIFFEST DRINK WHILE READING THIS EMAIL. THIS CRAP WILL FLOOR YOU!
Because many studies have been exposed as scientific nonsense, people
are slowly realizing that man-made global warming is nothing more than
a money-generating hoax. As a result, Obama is working feverishly to
win the race. He aims to push a Cap-and-Trade Carbon Tax Bill through
Congress and into law.
Obama knows he must get this passed before he loses his majority in
Congress in the November elections. Apart from Climate Change he will
"sell" this bill to the public as generating tax revenue to reduce our
debt. But, it will also make it impossible for US companies to compete
in world markets and drastically increase unemployment. In addition,
energy prices (home utility rates) will sky rocket.
-----------------------
More reading material on same subject. You decide if you think that it
is real:
http://www.freerepublic.com/focus/f-blo ... 8586/posts
Glen Beck spends 30 minutes building the case; slow start but he gets
there:
http://watchglennbeck.com/video/2010/Ap ... e-exposed/
The web source of what you sent me:
http://www.resistnet.com/profiles/blogs ... thner-gore
And more:
http://rogersparkbench.blogspot.com/201 ... d-jan.html
And more:
http://www.redstate.com/common_cents/20 ... shorebank/
And the bank's own web page -- rather different:
http://www.shorebankcorp.com/bins/site/ ... t_side.dat
More: http://chicagobreakingbusiness.com/2010 ... -snag.html
And interesting:
http://wtpotus.wordpress.com/2010/05/26 ... upreme-ct/
And:
http://options-trading-tutorial.org/cap ... ing-us-all
ShoreBank (Chicago) and Obama's" Cap and Trade Bill
Moderator: Balou
No my friends name is not Glenn fucking Beck; whoever he is. I actually do read everything I post here at ACD. How else would I know if I feel it might be interesting or beneficial to the peoples here? I read this article too. I didnt completely understand everything stated nor did I look at the links provided but I did read it. Thanks for the unjustified attack, Marco. Psssst. Your true colors are showing.Marco wrote:Wow, so now you are posting garbage from Glenn fucking Beck? Way to align yourself with the sickest, most vile form of garbage. I know you post massive amounts of articles without reading them, but this takes the cake.
Cannabis is The Tree of Life