| Green Hell|
By Steve Milloy
GLENN: Steve Milloy is with us now. Steve Milloy is the guy who wrote Green Hell, and he says that Al Gore has lied to the House energy subcommittee. The reason why we bring this up is there is the global warming bill that is happening in Washington and I mean, you just know all of this stuff is going to happen anyway, you just know it's going to go through. We haven't had a real debate on anything in this country and he says that he's been lying in the House energy subcommittee. Steve, welcome to the program. What was he lying?
MILLOY: Hey, Glenn. What he's lying about is financial interest in cap and trade. You know, when he testified in the Senate in January, no one asked him about his financial interest in cap and trade. When he testified in the House in April, Marsha Blackburn from Tennessee and Steve Scalise from Louisiana tried to ask him, but he deflected both questions to Marsha Blackburn. He denied that he had a financial interest in cap and trade and that if he ever did make any money, he was going to give it away. To Steve Scalise, he pretended like he had never heard of Goldman Sachs even though he has business dealings with Goldman Sachs. And just yesterday we've learned that Al Gore's firm has invested $6 million in a software company that's going to make cap and trade software, software to help companies keep track of their greenhouse gas emissions, and the CEO of this company says if cap and trade goes through, this software is going to go from a $2 1/2 billion market to a $25 million market. So Al Gore is investing millions to make billions at our expense.
GLENN: Okay, now wait a minute. He says that every dollar that he's made and every dollar that he's going to make on any of these investments is going to go right back to
GLENN: advertising and, you know, having little children plant trees, et cetera, et cetera.
MILLOY: Yeah. Well, I mean, I don't know why anyone would believe that. I don't know that it's true. If that's true, Al Gore should open his books. I mean, I know that he's invested personally $35 million in a variety of climate related investments and I don't think that was true at all. The problem was Marsha Blackburn didn't know enough to follow up with Al Gore, which is commonly the case in congress.
GLENN: What is the problem? Let me play devil's advocate. What is the problem with somebody? For instance, you know, I talk about our financial situation. We're going to be hit with an out of control dollar soon, and I talk about different things and say, you know, I'm personally, if that would happen, I'm personally invested in gold. So I would make money. What's the difference between just living, walking the walk and being somebody who is nefarious?
MILLOY: Well, you know, if you want to admit what you're disclose what your interests are, that's fine. Al Gore is lobbying for legislation that is going to radically change the way we live, make Americans poor, make him richer and he's not disclosing it. As a matter of fact, if you ask him a question, he just lies about it.
GLENN: What evidence do you have that he lies about it?
MILLOY: Well, he has made all this money that has been invested in various climate I mean, there's no secret here. It's just that when you put him on the spot in public, he just can't come to admit what's true. I mean, you know, there's public records on this. This has been in Bloomberg. Bloomberg has dug up SEC records where Al Gore has taken $35 million of his own money, money that he has made over the last few years from, you know, Inconvenient Truth and his lectures. You know, he gets paid $175,000 per talk. He has also, you know, on the Google board and Apple board has all this money invested in all these climate related projects and, you know, we're to believe that, you know, all this money is then going to go back into lobbying for something that could happen this year. It's just not plausible.
GLENN: What is the you've looked at the climate bill obviously.
GLENN: First of all, what are some of the worst things in it? Is there anything good in it? And what are the odds that it's just going to pass?
MILLOY: Well, I mean, you know, the worst case scenario is that electric utilities are forced to buy these, you know, buy billions of dollars of credits from congress basically from the government, and these cost because they are so immense, they are just going to be passed onto consumers and our electric bills are going to go up from 50% to 100% or more depending on where you live and what fuel is used to produce your electricity. What are the odds in it passing? I'd say the odds are, you know, not unreasonable. I think they are at least 50/50. You've got corporate America in there pushing for this. We talked about this before, General Electric, all the other U.S. climate action partnership companies, Dow, Alcoa, Goldman Sachs.
GLENN: You know what? Steve, do me a favor.
GLENN: Explain why these companies I mean, I know why General Electric would.
GLENN: General Electric is going to make just a ton of money because they make this, you know, they make the green, the windmills and the turbines and everything else. But tell me why other companies want it.
MILLOY: Well, Goldman Sachs, for example, owns the exchanges where carbon credits would be traded, okay? So they stand to be the broker for all these trades and, you know, make a piece, make some money off every transaction. You go to companies like Dow, Alcoa and DuPont, they want congress to basically give them money for reducing their CO2 emissions over the last 20 years as they move their operations offshore. So, you know, General Electric makes windmills. You know, you've got the solar and wind industry, and they have obvious interests. And then now you also have other energy companies in there. Everyone's trying to cut the best deal they can with Waxman. Waxman's giving them free credits, which is essentially giving free money away. So, you know, there's just a whole host of interests in here. The electric utilities are trying to figure out how they can assure their profits and meet congressional demands to become more efficient and sell less electricity, which means consumers will be paying more for electricity. I mean, you know, it is like a highway bill and a farm bill all rolled into one, multiplied by 10, and consumers and taxpayers are going to be stuck paying the bill.
GLENN: Last night I had an interview with a guy on TV and we were talking about how he contends that the media, they love Barack Obama, but at the same time they are afraid of Barack Obama. They don't want to stop taking his press conferences even though it's costing millions of dollars, they don't want to stop taking them because they don't want to piss him off. They don't want to you know what I mean?
MILLOY: Well, absolutely. This is the old story. This is one of the reasons it's hard to get a fair shake on a story from mainstream media because if they start reporting the truth about what's going on, their access is going to be cut off. And this is true not only in Washington D.C., press coverage President Obama but also in the financial press that covers big business. You know, you can't ask a CEO a tough question because you'll never talk to him again. You see this on, you know, CNBC's a great example of this, you know. NBC's personal PR arm. They never ask Jeff Immelt or really any CEO a tough question because they will never get him back on.
GLENN: So what are the odds that it's not just media that is doing that but it's also several businesses that are I mean, you can't tell me, you can't tell me that the Hummer thing was just because it was a losing I mean, it was snatched up by the Chinese, you know, right away.
GLENN: You know that part of the deal was, you get rid of the icon of gas guzzling vehicles.
GLENN: Hummer. What are the odds that a lot of these companies are making bad decisions because they are also afraid, they are also wanting to play ball?
MILLOY: Well, yeah. And Glenn, I think you've highlighted this, you've been a leader in highlighting this. There is this new corpocracy going on there. It's sort of a new fascism where big business is lining up with government. Big business helps government. Government helps big business, and the rest of us are getting the short end of the stick.
GLENN: We're getting the scraps off the table. I saw a story today on the front page of the Drudge Report. By the way, we're talking to Steve Milloy. He is the author of Green Hell. Steve, I saw a link on the front page of the Drudge Report this morning and now the article has been pulled and so you can't find it anywhere.
GLENN: The headline was, when do we begin to jail or execute global deniers. And it was a quote. Do you have any idea what that story was about?
MILLOY: Well, yeah. I mean, the whole you know, the left has really got up in arms against global warming skeptics, you know, people like myself that criticize the science behind global warming and raise questions about, you know, the effectiveness and the purpose of global warming legislation. And they have resorted to all sorts of, you know, nasty slurs, innuenda. Greens have called for climate skeptics to be put on trail. You've got people like James Hansen, the NASA scientist who says that coal company and oil company executives should be accused of crimes against humanity. I mean, they've really gone off the deep end. You know, you can't have debate with these people. They liken us to Holocaust deniers. You know, you spend half your time worried about your safety rather than focusing on the issues.
GLENN: It's truly amazing. Steve, I mean, you know, people say that it's crazy that you would say what you just said a few minutes ago, that we're marching towards some sort of a fascist kind of state. I've been warning, even under George W. Bush, fascism is on the rise, it's corporatism, it is I mean, that is the fundamental building block of fascism. And if you play this out and you think I mean, let's just play this out with General Motors. General Motors gets $50 billion or $100 billion. We make this huge investment. It doesn't turn around, we have to make another $50 billion. Well, then what happens? Instead of losing it, they are going to have to start putting other restrictions on other cars coming from outside the United States, you know? I mean, it just spirals.
MILLOY: Right. They are going to have to lean on Ford Motor. You know, I mean, it's going to be pressure on Ford to conform to whatever GM's doing. You know, if they can't get you, if they can't get a business directly, you know, there's a million other ways they could do it. They could do it through the EPA, they can do it through the justice department antitrust, they can do it through the Federal Trade Commission. You know, this is really bad when we have, you know, the people with the power, the federal government, hook up with the people with the money, big business. I mean, the rest of us are really in trouble and unless people, you know, start agitating and, you know, get interested, get worried, get active about this stuff, we're going to be in for a world of trouble.
GLENN: And we're looking, we're looking at a situation that to me, when you look at Barack Obama and this congress, it is never about the thing they say it is. It's always, you know, watch the other hand. What else is going on here behind the scenes? For instance, the EPA. There's other things they are doing that are just going to usher crippling prices on gas or coal or anything else. It's not what everybody is watching.
MILLOY: No, that's right. Global warming regulation is not about the environment. There's nothing you know, its purpose, because global warming results in government control of our energy, really results in government control of our economy and what the greens and what the left and what President Obama really want to have is control. They are not going to stop using coal, they are not going to stop using gasoline. What they want is control and, you know, if they have the arbitrary power to exercise their anyone I don't know over anybody, they can get whoever they want to do what they want. So, you know, they will get business, they will force business to support them. I mean, we're going to have like, you know, a permanent government. It's going to be like, you know, the situation in totalitarian countries where you have elections where 90% of the people or 99% of the people vote for the party in power because everybody is scared to do anything else.
GLENN: All right, Steve Milloy, the name it book is Green Hell. We'll talk again. Appreciate it. Bye bye.