Obama, Maurice Strong, Al Gore key players cashing in on Chicago Climate Exchange
Charles Bell
http://en.wikipedia.org/wiki/Maurice_Strong
Maurice F. Strong, PC, CC, OM, FRSC (born April 29, 1929) is a Canadian
businessman. Strong has had a career in business, civil service,
international development, environment, energy and finance. He is a Canadian
expatriate, entrepreneur, environmentalist, and one of the world's leading
proponents of the United Nations's involvement in world affairs.
His role in leading the UN's famine relief program in Africa was the first
in a series of UN advisory assignments, including reform and his appointment
as Secretary-General of the UN Conference on Environment and
Development-best known as the Earth Summit
Today Strong lives in the People's Republic of China, and is President of
the Council of the United Nations's University for Peace.
In 2005, during investigations into the U.N.'s Oil-for-Food Programme,
evidence procured by federal investigators and the U.N.-authorized inquiry
of Paul Volcker showed that in 1997, while working for Annan, Strong had
endorsed a check for $988,885, made out to "Mr. M. Strong," issued by a
Jordanian bank. It was reported that the check was hand-delivered to Mr.
Strong by a South Korean businessman, Tongsun Park, who in 2006 was
convicted in New York federal court of conspiring to bribe U.N. officials to
rig Oil-for-Food in favor of Saddam Hussein. During the inquiry, Strong
stepped down from his U.N. post, stating that he would "sideline himself
until the cloud was removed". Since then Strong has not returned to his
native Canada, and now lives in Beijing.
From 2003 and 2005, Strong served as the personal envoy UN Secretary-General
Kofi Annan to lead support for the international response to the
humanitarian and development needs of the Democratic People's Republic of
Korea.[13]
According to Associated Press his contract was not renewed "amid questions
about his connection to a suspect in the UN oil-for-food scandal."
===
http://warofillusions.wordpress.com/2009/03/30/obama-maurice-strong-al-gore-
key-players-cashing-in-on-chicago-climate-exchange/
http://tinyurl.com/mouj9e
Obama, Maurice Strong, Al Gore key players cashing in on Chicago Climate
Exchange
March 30, 2009 - Stefan Fobes
Obama's involvement in Chicago Climate Exchange-the rest of the story
3.25.09 / Judi McLeod / Canadian Free Press
Good news to know that the truth will always out-even when you're Barack
Obama.
"Obama Years Ago Helped Fund Carbon Program He Is Now Pushing Through
Congress" is a FOXNews story by Ed Barnes. In short, "While on the board of
a Chicago-based charity, Barack Obama helped fund a carbon trading exchange
that will likely play a critical role in the cap-and-trade carbon reduction
program he is now trying to push through Congress as president."
The charity was the Joyce Foundation on whose board of directors Obama
served and which gave nearly $1.1 million in two separate grants that were
"instrumental in developing and launching the privately-owned Chicago
Climate Exchange, which now calls itself "North America's only cap and trade
system for all six greenhouse gases, with global affiliates and projects
worldwide."
And that's only the beginning of this tawdry tale, Mr. Barnes.
The "privately-owned" Chicago Climate Exchange is heavily influenced by
Obama cohorts Al Gore and Maurice Strong.
For years now Strong and Gore have been cashing in on that lucrative cottage
industry known as man-made global warming.
Strong is on the board of directors of the Chicago Climate Exchange,
Wikipedia-described as "the world's first and North America's only legally
binding greenhouse gas emission registry reduction system for emission
sources and offset projects in North America and Brazil."
Gore, self-proclaimed Patron Saint of the Environment, buys his carbon
off-sets from himself-the Generation Investment Management LLP, "an
independent, private, owner-managed partnership established in 2004 with
offices in London and Washington, D.C., of which he is both chairman and
founding partner. The Generation Investment Management business has
considerable influence over the major carbon credit trading firms that
currently exist, including the Chicago Climate Exchange.
Strong, the silent partner, is a man whose name often draws a blank on the
Washington cocktail circuit. Even though a former Secretary General of the
1992 United Nations Conference on Environment and Development (the much
hyped Rio Earth Summit) and Under-Secretary General of the United Nations in
the days of an Oil-for-Food beleaguered Kofi Annan, the Canadian born Strong
is little known in the United States. That's because he spends most of his
time in China where he he has been working to make the communist country the
world's next superpower. The nondescript Strong, nonetheless is the big
cheese in the underworld of climate change and is one of the main architects
of the failing Kyoto Protocol.
Full credit for the expose on the business partnership of Strong and Gore in
the cap-and-trade reduction scheme should go to the investigative acumen of
the Executive Intelligence Review (EIR).
The tawdry tale of the top two global warming gurus in the business world
goes all the way back to Earth Day, April 17, 1995 when the future author of
"An Inconvenient Truth" travelled to Fall River, Massachusetts, to deliver a
green sermon at the headquarters of Molten Metal Technology Inc. (MMTI).
MMTI was a firm that proclaimed to have invented a process for recycling
metals from waste. Gore praised the Molten Metal firm as a pioneer in the
kind of innovative technology that can save the environment, and make money
for investors at the same time.
"Gore left a few facts out of his speech that day," wrote EIR. "First, the
firm was run by Strong and a group of Gore intimates, including Peter
Knight, the firm's registered lobbyist, and Gore's former top Senate aide."
(Fast-forward to the present day and ask yourself why it is that every time
someone picks up another Senate rock, another serpent comes slithering out).
"Second, the company had received more than $25 million in U.S. Department
of Energy (DOE) research and development grants, but had failed to prove
that the technology worked on a commercial scale. The company would go on
to receive another $8 million in federal taxpayers' cash, at that point, its
only source of revenue.
"With Al Gore's Earth Day as a Wall Street calling card, Molten Metal's
stock value soared to $35 a share, a range it maintained through October
1996. But along the way, DOE scientists had balked at further funding.
When in March 1996, corporate officers concluded that the federal cash cow
was about to run dry, they took action: Between that date and October 1996,
seven corporate officers-including Maurice strong-sold off $15.3 million in
personal shares in the company, at top market value. On Oct. 20, 1996-a
Sunday-the company issued a press release, announcing for the first time,
that DOE funding would be vastly scaled back, and reported the bad news on a
conference call with stockbrokers.
"On Monday, the stock plunged by 49%, soon landing at $5 a share. By early
1997, furious stockholders had filed a class action suit against the company
and its directors. Ironically, one of the class action lawyers had tangled
with Maurice strong in another insider trading case, involving a Swiss
company called AZL Resources, chaired by Strong, who was also a lead
shareholder. The AZL case closely mirrored Molten Metal, and in the end,
Strong and the other AZL partners agreed to pay $5 million to dodge a jury
verdict, when eyewitness evidence surfaced of Strong's role in scamming the
value of the company stock up into the stratosphere, before selling it off.
In 1997, Strong went on to accept from Tongsun Park, who was found guilty of
illegally acting as an Iraqi agent, $1 million from Saddam Hussein, which
was invested in Cordex Petroleum Inc., a company he owned with his son,
Fred.
These are the leaders in the Man-made Global Warming Movement, who three
years later were to be funded by the man who was to become President of the
United States of America.
If we follow the time line on where Obama was during the funding of the
Chicago Climate Exchange, he was still a professor at the University of
Chicago Law School teaching constitutional law, with his law license
becoming inactive a year later in 2002.
It may be interesting to note that the Chicago Climate Exchange in spite of
its hype, is a veritable rat's nest of cronyism. The largest shareholder in
the Exchange is Goldman Sachs. Chicago Mayor Richard M. Daley is its
honorary chairman, The Joyce Foundation, which funded the Exchange also
funded money for John Ayers' Chicago School Initiatives. John is the
brother of William Ayers.
What a flap when it was discovered that the senator from Chicago had nursed
on Saul Alinsky's milk, had his political career launched at a coffee party
held by domestic terrorist Bill Ayers, and sat for 20 years, uncomplaining
in front of the "God-dam-America pulpit of resentment-challenged Jeremiah
Wright.
Folk were naturally outraged that the empty suit who would go on to become
TOTUS was spawned from such anti-American activism.
But the media should have been hollering, "Stop Thief!" instead.
The same Chicago Climate Exchange promoting public rip-off was funded by
Obama before he was POTUS.
Even as man-made global warming is being exposed as a money-generating hoax,
Obama is working feverishly to push the controversial cap-and-trade carbon
reduction scheme through Congress.
Obama was never the character he created for himself in the fairy-tale
version in "Dreams of My Father". He's the agent of Change and Hope for
cohorts making money down at the Chicago Climate Exchange.
The Barbarians are pushing at the gate of the Global Warming fraud, and to
borrow a line from children playing Hide and Seek, Here they come, ready or
not!