IF YOU DON'T READ ANYTHING ELSE THIS YEAR, YOU MUST READ THIS !!!
THS IS BIGGER AND MORE CRIMINALTHAN ANYTHING YOU HAVE HEARD SO FAR.
Ever wonder why the Democrats in Washington, D.C. are so aggressive regarding
environmental legislation (cap and trade, etc.). Read this and you will understand!!!
I always wondered why the "big push" on climate stuff. Our leaders
certainly don't lead lives that would indicate a true passion for the environment.
Well, here's the answer. They always tell us to "follow the money trail"!
TIME TO WAKE UP PEOPLE!!
Subject: $
Shorebank Scam ---- A MUST READ
Unbelievable thievery and arrogance! Our country is being raped and the
mainstream media seems oblivious.
Shorebank Scam ---- A MUST READ
So . . . you think you know quite a bit about Obama. You don't know
anything yet. Read all of this as it all comes together in the last
part........a must read.
THIS WILL BLOW YOUR MIND!!! You may want to invest in this bank. Looks
like a winner. This is an interesting story 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.
I warn you, the first part is a little boring, but stick with it. The
second part connects all the dots for you (it will open your eyes). The
end explains how Obama and all his cronies will end up as
multi-billionaires.
(It's definitely worth the read. You will not be disappointed).
A small bank in Chicago called SHOREBANK 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, ShoreBank was too
politically connected to be allowed to go under.
ShoreBank 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 accuмulated 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 ad 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 CLIMATE EXCHANGE
(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 ShoreBank 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 Shorebank, 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 ShoreBank was Ronald Grzywinski, a cohort and close
friend of Jimmy Carter.
The former ShoreBank 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 Shorebank. 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,
Mine, 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 ShoreBank, 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 ShoreBank 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.
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
Shorebank attended. (They are all friends).
Interesting? And now the closing...
Obama knows he must get the Cap-and-Trade Carbon Tax Bill 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.
But, here's the KICKER (THE MONEY TRAIL).
If the 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 split
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.
Some financial experts think this will be the largest "scam" or "legal
heist" in world history. This makes the Mafia look like rank amateurs.
They will make Bernie Madoff's fraud look like penny ante stuff.
Does this make you feel better about our leader?????? Check out
supporting/related docuмentation on the web site, below.