Crime Inc.: What 'Greening of America' Means





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It's a safe bet that most Americans' first exposure to the concept of carbon trading or cap-and-trade legislation came during the most recent presidential campaign when both candidates advocated the need to make protecting the environment a government mandate instead of the moral obligation it's always been. In the past few months President Barack Obama has repeatedly stated that a comprehensive energy/environmental law, including cap-and-trade, is an absolute priority of his administration.

Cap-and-Trade

Simply put, the idea behind the cap-and-trade plan is this: The federal government would set limits or cap the amount of pollutant a business could create. If the business chose to emit levels exceeding the cap they would have to find a business not using its full allotment and purchase the surplus from them. Needless-to-say, for the concept to work there would need to be a highly centralized infrastructure to facilitate the transactions, matching buyers to sellers.

The CCX: A Dream Come True?

For people like Richard Sandor and former Vice-President Al Gore the focus on "green politics" represented the culmination of years of planning and a giant step towards a massive payday.

With a big helping hand from then Illinois State Senator Barack Obama, Sandor's brainchild, The Chicago Climate Exchange, opened for business in 2003 billing itself as "North America's only cap-and-trade system for greenhouse gases..." In other words, the facilitator for a scheme not quite hatched. Sandor, a long-time economist turned environmentalist shared his vision during a 1990 interview with the Wall Street Journal, saying, "Air and water are no longer the free goods that economics once assumed. They must be redefined as property rights so that they can be efficiently allocated." The statement didn't get a lot of attention back then but today seems prophetic. Sandor claims his idea of efficient allocation, also known as carbon trading, will develop into a $10 trillion industry.

Assembling the Team

During 2000 and 2001, the Joyce Foundation, a progressive trust with assets near $1 billion, known for funding groups like Center for American Progress and Tides Foundation, provided grants to CCX totaling $1.1 million. State Senator Obama served on the foundation's board of directors during that time and was instrumental in awarding the grants.

Shortly after the first grant was approved, the president of The Joyce Foundation, Paula DiPerna, left to join the executive team of CCX. Other notables with familiar names soon followed.

Former Vice-President Al Gore became part-owner of CCX when his company, Generation Investment Management, made a sizeable investment. Gore brought with him his senior partner at GIM, David Blood, former CEO of Goldman Sachs Asset Management, along with a company chalk full of former Goldman Sachs' executives

Goldman Sachs itself soon joined the team buying a ten percent interest in CCX

Maurice Strong, once linked to Tongsun Park, the central figure in the United Nation's oil-for-food scandal in 2005 and one of the architects of the Kyoto Protocol, joined the CCX board of directors

Carlton Bartels was one of the first, and perhaps most important, additions to the CCX roster. As CEO of a company called CO2e, Bartels developed and delivered the actual guts of the exchange — a system for facilitating and managing the actual carbon trades

Strange Bedfellows

Just three weeks after filing for a patent for his carbon trade system, Bartels was killed during the attacks of 9/11. Bartels' death opened the door for a new partner to join CCX, easily the oddest fit of them all: Fannie Mae. In a move still unexplained, the quasi-governmental mortgage agency, led by CEO Franklin Raines, purchased the rights to the system from Bartel's widow. A patent on the invention was granted to Raines and Fannie Mae on November 7, 2006, ironically, the day after the Democrats regained control of Congress. According to Barbara Hollingsworth of the Washington Examiner, the patent covers both the "cap" and "trade" parts of Obama's top domestic energy initiative and gives Fannie Mae proprietary control over the automated trading system used by Sandor's CCX.

When asked about the patent recently Fannie Mae communications director Amy Bonitatibus told the Washington Examiner, "Fannie Mae earns no money on this patent. We can't conjecture as to the cap-and-trade legislation." A source close to Fannie Mae, however, says a plan is in place to funnel future earnings from the patent to a non-profit housing organization called Enterprise Community Partners. Ironically, Raines, who left Fannie Mae in 2004 amidst allegations that he inflated earnings reports in order to collect higher bonuses ($52 million in bonuses over 5-years; $90 million in total compensation), serves on the board of trustees at Enterprise. In a continuation of theme, Goldman Sachs also has a representative on the board in the person of Alicia Glen.

Off to See the Wizard

In December 2009 The Joyce Foundation awarded Raines and Enterprise a $200,000 grant to launch Emerald Cities Collaborative. According to its website, "The Emerald Cities Collaborative (ECC) is a start-up, national coalition of diverse groups that includes unions, labor groups, community organizations, social justice advocates, development intermediaries, research and technical assistance providers, socially responsible businesses, and elected officials."

Emerald Cities' goal is "the greening of our nation's central cities and the creation of a "new vital economic sector." The collaborative is headed up by Joel Rogers, widely recognized as the "man behind the curtain" of today's progressive political movement. Rogers founded the powerful Apollo Alliance, the group recognized as having shaped much of the Obama administration's stimulus bill. Former White House green jobs "czar," Van Jones, described Rogers influence this way: "The best thinking that he represents… is now represented in the White House."

Also represented on the Emerald Cities board of directors, Gerald Hudson, executive director of SEIU (also on the Apollo Alliance advisory board); Phaedra Ellis-Lamkins, CEO of Green For All (created by Van Jones), and Doris Koo, CEO of Enterprise Community Partners, along with a collection of other union and community activist regulars.

The Bottom Line

The "environmental movement," once the bastion of peace loving hippies and Earth mothers, is potentially the booming business of the 21st century. Billions of dollars currently change hands each year in the name of the environment and, by all accounts, the surface is only scratched.

To date the missing piece of the puzzle has been a government mandate, something cap-and-trade legislation will remedy. Those already in the game stand to reap a fortune on the backs of average Americans who will see their energy bills "necessarily skyrocket," as President Obama explained, as businesses pass along the new cost of doing what they do in a "green America."

It's interesting to note that without the specter of a government mandate, the Chicago Climate Exchange would hold no value. Likewise Fannie Mae's patented trading system and Emerald Cities' prospects for "a new vital economic sector" would be nothing more than fool's gold.

Equally troubling is the blatant acknowledgement by those involved in this high stakes green rush that power and profit are the only real benefits to be had. The words of Joel Rogers: "I hope you all realized that you could eliminate every power plant in America today and you can stop every car in America. Take out the entire power generation sector and you still would not be anywhere near 80 percent below 1990 levels. You would be closer to around 60 percent... it would be around 68 percent and this is with bringing the economy to a complete halt… basically."

Crime Inc. – what do they know and when did they know it… and how much will it cost the American people?

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Speaking before signing the “PACT Act of 2022” on Wednesday morning, President Joe Biden claimed that his wonderful economic plan "is working" and that somehow July’s annual inflation rate of 8.5% was actually “zero.”

“I just want to say a number: zero. Today we received news that our economy had 0% inflation in the month of July,” Biden said during a ceremony in the East Room of the White House.

White House press secretary Karine Jean-Pierre dutifully echoed the president's not-at-all misleading claim:

The truth of the matter is that last month's inflation rate of 8.5% was a (small) step in the right direction, but only because it was lower than June's 41-year high of 9.1% — and the thing is, anyone who's graduated kindergarten knows it.

So, who do White House personnel think they're fooling? On the radio program Wednesday, Glenn Beck and producer Stu Burguiere broke down how the Biden administration came to this latest disingenuous conclusion about the economy, what the latest consumer price index actually shows, and why the inevitable Biden brag-fest will be unbearable.

Watch the video clip below. Can't watch? Download the podcast here.

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Glenn Beck: This is the ONLY endgame that makes sense for the FBI’s raid on Trump’s Mar-a-Lago home

(Left) Photo by James Devaney/GC Images (Right) Video screenshot

If you're celebrating this FBI raid on Mar-a-Lago, you have no idea how much this changes things. We don't do this in America. At least, we didn't. But the left cannot have Donald Trump be president again. His "America First" platform goes against everything they've been working for. So, what's their endgame here? On the radio program, Glenn Beck said there's really only one endgame that makes sense — and it should scare us all.

"If you are not for the destruction of America, you better pay attention quickly. This is a massive move," Glenn said of the Mar-a-Lago raid.

"And who has credibility on this? ... The right will believe Donald Trump, but nobody on the left, so you're not going to change any minds there. Do you think the right will believe the New York Times? MSNBC? NBC? CBS? Do you think we're going to believe the New York Times — the people who have been carrying water for the Biden crimes? The Clinton crimes? And ... I'm talking about her server and having her own State Department people go into a skiff, which is the top secret room, completely sealed off, going in and getting documents, cutting off 'top secret,' and then emailing them to her on her private server. And nothing? And now you're going to try to convince me [that] this has nothing to do with January 6?" he added.

"Remember the [allegations about] bank servers, [Trump] was pinging a bank? Untrue. Carter Page is a Russian spy? Untrue. Donald Trump is a Russian spy? ... Untrue. Collusion with Russia? Untrue. Ukraine, the perfect phone call? Not true. Not true. Wasn't a perfect phone call. Was not impeachable. The pee tape dossier? None of that was true. Here's why they can't have [Trump] as president of the United States. They can't have him as president of the United States because we are headed towards a completely new, all redesigned, non-capitalist, nonconstitutional Great Reset," Glenn argued. "They cannot have him be president because he is America first."

Glenn warned Americans that our federal government is accumulating massive power, case in point the 87,000 new IRS agents. "Coupled with the [IRS agents] they already have ... that's almost the size of our National Guard. Do you feel comfortable with that? Democrats? You don't think there's a possibility ... that someone ... might come in at some point and weaponize the IRS?"

He also warned that the FBI's raid on Donald Trump’s home has implications that stretch far beyond simple dislike for the former president. So what are they hoping to accomplish?

"What is the endgame? You make him into a martyr by throwing him into jail or killing him ... so you make him stronger? That doesn't make sense. Why would they want that?" Glenn asked. "So, what is their endgame? The only one that makes sense to me, is to stop him at any cost, then lunatics will take to the streets, and then [they] will have [their] evidence that the [right is] more dangerous than anyone could possibly imagine. Please, pray for your country."

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In just the past few days, the Senate passed an unprecedented $740 billion spending bill amid an inflation crisis, we found out that the IRS purchased nearly $700,000 worth of guns and ammo ahead of plans to hire 87,000 new "enforcement" agents, and on Monday the FBI raided the home of a former U.S. president. It's pretty safe to say that there's a whole lot going on in this country that we've never seen before, and conservatives had "better wake up," said Glenn Beck on "The Glenn Beck Program."

"This is the beginning of an entirely new kind of America. And when it is all implemented, look out! The only other thing that I think [Democrats] could do to really polish us off is [use] emergency orders. If [President Joe Biden] goes for emergency orders and declares a national emergency over the weather, we're going to be cooked," Glenn said.

Glenn went on to explain why he believes a new "season" is on the horizon for our nation, but it’s not all bad news. He said he's hopeful for a new class of politicians to enter Washington, D.C., and, while no politician is perfect, a few such as Florida Governor Ron DeSantis can still surprise us.

DeSantis always seems to be ahead of the curve on hot-button issues, and he tackles them the legal way without abusing his power. Just look at how much the media is trying to paint him as evil. That’s a telltale sign that "he’s on the right track, at the right speed. And he's taking all of it on," Glenn said.

Watch the video clip below to catch more of the conversation. Can't watch? Download the podcast here.


Want more from Glenn Beck?

To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis, and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.