Crap & Betrayed – Sam Kephart Exposes Obama, Gore and the Truth of Carbon Credits

With the Waxman-Markley bill gaining steam in Congress, Sam Kephart looks at the intimate ties between Barack Obama, Al Gore and the lucrative futures market associated with Climate Change.

July 6, 2009
Senator John Thune
United States Senate SR-493
Washington, DC 20510

Dear John,

It was good to see you again, however briefly, at the staging site for the July 4th. parade on Saturday in Spearfish.

I mentioned to you my profound concern about the impending ‘Cap and Trade” legislation now before the Senate for consideration.

You and the Republican Senate leadership must kill this bill, which I refer to as ‘Crap and Betrayed’.

Here’s why:

• It’s based on junk science. Long cycle solar waves, the Earth’s astronomical precession, and other natural phenomena are the predominant cause of “climate change”, not human activity.

• Cap and trade, even if mandated here in the US, will do no good unless China, Russia, India and other major generators of greenhouse gasses do likewise at the same time.

• The reduction goals are unrealistic. If you do the macroeconomic math, the long term goal of cap and trade, an 80% reduction by 2050, is moronic. It would take our carbon footprint from about 25 tons per person per year now to about 2 tons… a level that hasn’t been seen since the time of the Founding Fathers.

• It’s restraint of trade. Climate Exchange PLC of London wholly-owns the European Climate Exchange, the Chicago Climate Exchange, and the Chicago Climate Futures Exchange.  The trading of carbon credits is a global monopoly.

• Carbon credit futures are derivatives. The exchange’s web site home page even uses that term. Hasn’t Main Street America suffered enough from the effects of derivatives invented by financiers (Wall Street and London)?

• It’s a financial scam. Waxman-Markey contains language that specifically allows non-users to buy, sell, trade, and hypothecate carbon credit futures. This means that hedge funds and other “sophisticated investors” can legally game the carbon credits markets in the same way they currently inflate oil and energy derivatives. Allowing them to invest/speculate will only raise, not lower the cost of carbon credits.

• Undisclosed relationships and interests. Both President Obama and former Vice-president Al Gore have ‘unclean hands’ here.  Both were instrumental in helping to set up the Chicago Climate Exchange. Obama, for 3 years (1998-2001), was on the Board of the Joyce Foundation which helped fund it. Their cronies, Dr. Richard L. Sandor and his business associates, will literally become centi-millionaires, if not billionaires, overnight if Cap and Trade passes. Sandor was a major Obama supporter.

Where in the hell is the transparency here?

John, you attended the dinner where I gave my first political speech.  It was August 6th, 2007 in Dakota Dunes. Do you remember my theme?

My key point that night was that America was poised to go off a financial and social cliff, like the final scene in Thelma and Louise.

The audience chuckled and tittered…. it’s not so funny now.

Further, you sat at the head table with me at the Fall River Lincoln Day Dinner on March 27th, 2008 when I publicly stated that derivatives would likely cause a ’29 style market meltdown. Everyone thought I was exaggerating.

Cap and Trade is bad legislation. It’s a hidden tax, it’s a financial scam in waiting, it’s being driven by hidden agendas, and it’s socialism and societal control run amok.

Lowering America’s carbon footprint over time is probably a good idea.  However, it can be accomplished through education, retro-fit tax incentives for energy savings for home and business, better fuel economy mandates for cars and trucks, grants for promising green technologies, adding/improving rail services, tax incentives for utility companies to lower emissions, and clearing out the red tape for wind and solar farms and the lines needed to carry their output.

I have spent dozens of hours studying and researching this topic.  I have attached a summary of my thoughts, along with proof of my claims and some other valuable perspectives.

John, you must get the word out to any independent thinking Senators, who really care about their country, to vote a resounding NO on this crap and betrayed concept.

Thank you for your time and consideration. Please call me with any questions at 605-639-3100.

Best Personal Wishes,

Samuel R. Kephart

cc: Qusi Al-Haj

‘Cap and Trade’ Report

Here are some key pointers to the truth about President Obama’s proposed cap and trade program.

There are two major question marks here:

• First, the argument for global climate change is NOT settled. Why add an economic burden to the taxpayers based on shaky evidence?

• Second, the carbon credit exchange idea is nothing more than a profound economic betrayal of the American middle-class and future generations using a wealth transfer scheme operated by global elites manipulating derivatives.

President Obama’s proposed “cap and trade” system for limiting and controlling carbon dioxide emissions from energy production, business, and industry will raise the cost of electricity and living for all of us. It will also further enrich the same financial oligarchs that invented sub-prime mortgages, Collateralized Debt Obligations, and Credit Default Swaps.

Since all humans and most human activities generate CO2, lowering those levels voluntarily, using clean technologies, tax incentives, and education is a good idea. Mandating a carbon credits program is a blunder for two reasons: First, there is convincing scientific evidence that shows global warming and cooling trends are, in large part, caused by long-cycle solar energy waves interacting with Earth’s upper atmosphere, not human Crap and Betrayed activity. Do human life and economic activity impact carbon dioxide levels? Yes, obviously.

However, the question is does human-generated CO2 create global warming… or are these proven solar cycles the principal cause?

Historical data indicate significant heating and cooling periods have occurred on earth long before man and, with all due respect, Al Gore walked the planet. Second is the assumption that a cap system here will offer a net improvement. Unless imposed globally, it can’t. Carbon dioxide accumulates in the upper atmosphere and moves around the world; it doesn’t hang over any given country. A U.S. cap, even if successful, will be rendered meaningless by uncapped growth in China, Russia, India, and other emerging economies.

It can be argued that even if all countries simultaneously reduced their CO2 emissions by 20 percent, it would offer little or no net benefit. Some environmental studies claim that it is too late to curb CO2 accumulations that the damage is done and global warming, if you accept carbon dioxide is the cause, will be with us for centuries.

Further, how do we benefit from the increased costs of compliance and reduced standard of living a cap and trade scheme will impose on us? We don’t. Currently voluntary, a mandated carbon cap will force many of America’s electric utilities, industrial companies, and smaller businesses, like bakeries and possibly even live stock producers, to purchase carbon credits to offset or trade for the “pollution” they’re sending into the upper atmosphere, contributing, at least theoretically, to global warming. These costs will be passed on to us as substantially higher prices for coal-fired electricity and other staples of our economy. Here’s where we get plundered:

Carbon credit futures are financial derivatives; they are nothing more than a shared illusion that literally creates something expensive out of nothing. The same Wall Street casino mentality that caused our current economic mess is already pumping up this $100 billion plus international market. It’s contrived vaporware designed to guilt the American people into paying a hidden energy and pollution tax and transfer our wealth to others. It will have little or no effect on global warming and it will only further enrich the financial elite by generating tens of billions in commissions annually.

“Cap and trade” is the next step in selling out the middle class and bringing our country one step closer to national socialism. It!s a fraud… and I can prove it to you.

Currently, there are only two major carbon credit exchanges, The London Exchange and the Chicago Climate Futures Exchange. The London entity owns the one in Chicago (see above), so, in essence, carbon credits brokerage is a global monopoly (see attached Press Releases). Both Barack Obama and Al Gore, Jr. have significant links to the founding of the Chicago Climate Exchange (see attached article).

If passed, the proposed !cap and trade” bill will make Obama”s and Gore”s cronies and business associates millionaires overnight…. quite literally.

President Obama has been advocating openness and transparency in his administration. Have you heard him disclose ANYTHING about something this significant regarding his impending cap and trade legislation?

The Democrat-controlled Congress is now trying to push though cap and trade legislation.

The rush to legislate has clouded the reality that this is a thinly veiled wealth redistribution tax masquerading as a solution for global climate change.  As if this insanity weren’t bad enough, Title VIII of the proposed Waxman Markey House bill allows investment banks, hedge funds and other speculators to participate in carbon credit futures, aka derivatives. Here”s an image from the home page of the Chicago Climate Futures Exchange:

We!re in our current economic mess because of derivatives. Further, speculation last summer and now is the primary cause of our rising oil and gasoline prices.”Since cap and trade would”create a de facto tax on coal-fired power plants, do we really want the “big boys” gaming”our electric rates too?”Didn’t we endure enough of that trading fraud during the Enron years?

This is particularly troubling since government has shown no”inclination to properly regulate derivatives. In fact, the bulk of the money ($180 billion so far) given to AIG has been used to pay out for losses to investment banks like Goldman Sachs for gambles they took on derivatives.

Short and sweet, South Dakota taxpayers are footing the bill for a bunch greedy assholes with a gambling habit who were trying to leverage their bets beyond all reason to puff up the investment returns and get their bonuses.

Further, why should we let those who are primarily responsible for the”current economic crisis participate in anything else?”  Have they not done enough”damage? Has the American public not yet rendered enough “tribute” ?  Al Gore, Jr. is a phony about all this climate change, as well. His father, Al Gore, Sr., was a long-seated director of”Occidental Petroleum.  OXY has been a steady supplier of campaign funds to Gore and to the Democratic Party, though its relationship with Gore goes far deeper.  When the elder Gore left the Senate in 1970, Armand Hammer (the founder and CEO of OXY) gave him a $500,000-a-year job as the chairman of Island Coal Creek Co., an Occidental subsidiary, and a seat on Occidental’s board of directors. By 1992, Gore owned Occidental stock valued at $680,000

Before”Dr. Armand Hammer died, he arranged for the Gore family to be sold some oil producing properties at a favorable rate as a “thank you” for Gore, Sr!s loyal service to OXY.”

Here’s photographic proof. Al Gore Senior is standing in the second row, third man from the left:

At the time Gore Senior died, roughly 85% to 90% of the value of the Gore Family Trust was OXY stock or oil producing properties and mineral rights sold to them by OXY.”Most of Al Gore’s wealth comes from hydrocarbons.  Lowering America’s carbon footprint may be a good idea, but cap and trade isn”t.

Circus impresario P. T. Barnum is credited with saying, “There’s a sucker born every minute!” Are the citizens of South Dakota among them?

Sam Kephart

7/11/2009

Click below to download a full copy of Sam Kephart’s Letter to Senator Thune:

kephart-thune_captrade_letter_07_11_09

What War Crimes?

Obama will not prosecute Bush and Cheney for 9/11, war crimes

Joseph A. Lopisi
Tehran Times
December 20, 2008

Mark my words. President Obama will follow in the footsteps of his predecessors by not holding his predecessor, George W. Bush and members of his administration, liable for violating the United States Constitution and criminally responsible for treason, 9/11, financial fraud, mass murder and war crimes.

Along the same lines as his predecessors, President Obama will deal with the current financial crisis by pointing his finger at everyone except the real culprit, the Federal Reserve Bank, the U.S. executive and legislative branches and their partners in crime, the Wall Street financial institutions.

The Federal Reserve Bank is a cartel of private banks with only one motive-profit. Presidents like Abraham Lincoln, Andrew Jackson and Woodrow Wilson all knew about the all pervasive control that a private central bank has when it is permitted to print the money for the government and then lend it back to the government at interest. The end result of this scheme is that U.S. government is in debt to the Federal Reserve Bank and taxes our income in order to pay this debt. As a result, we all live our lives in debt. Being in debt is a form of slavery.

John F. Kennedy passed an Executive Order six months before his assassination. This Executive Order would allow the federal government to print money based on a silver standard. This order was the beginning of the end of the Federal Reserve Bank.

Mark my words, President Obama will be:

Just like Al Gore, who after fighting in Court against the 2000 election being stolen by computer fraud and voter suppression, capitulated on the floor of the United States Senate by stopping anyone from objecting to the Certification of the Florida electoral College vote.

Just like Clinton, who stopped any investigation of George H.W. Bush and his involvement in the Iran-Contra affair and his involvement in the assassination of JFK and the attempted assassination of Ronald Reagan. Now you see Clinton and Bush acting as if they are bosom buddies. That is because they are and always have been. Clinton was involved in allowing cocaine to be imported into a small airport in Arkansas when he was governor. George H. W. Bush was involved in the importation of this cocaine to fund the Iran-Contra affair and the secret government populated by CIA agents. Now that I think of it, the payback for Clinton allowing this was for him to be elected president.

Just like John Kerry who capitulated the day after the election knowing full well that Bush stole the election by voter suppression and computer fraud in many of the battleground states. Of course, he explained his concession in words that the everyday uninformed simplistic Americans would understand “I don’t want to seem like a sore loser”. Since when would you be considered a sore loser if you accused your opponent of cheating when you knew he had and when the evidence was clear that he did.

Just like Gerald Ford who struck a deal with Richard Nixon which called for his resignation instead of impeachment hearings. In this way, the real reason for the Watergate burglary would be kept secret and the complicit Congress would continue to look good. The real reason was that there was evidence, including photographic evidence, placing E. Howard Hunt in Dealey Square on the day JFK was killed. If you are too young to remember, E. Howard Hunt was one of the Watergate burglars. He recently died. Before he died, he made an audiotape in which he clearly states that JFK assassination was a conspiracy of the CIA including Lyndon Baines Johnson. Of course, the mainstream media did not pick up on this earth shattering news.

While we are on the topic of Gerald Ford and the complicit mainstream media, Gerald Ford, on his deathbed, admitted that the Warren commission lied in its placement of the “magic bullet” as it went through JFK’s shirt. If not for this lie, the “magic bullet” theory would fall apart and consequently the “lone gunman” explanation would not be plausible. Of course, the mainstream media did not report this earth shattering news either. Just like the mainstream media does not question the official 9/11 conspiracy theory despite the fact that it is obviously a lie, has numerous unexplained circumstances and does not in any way talk to why WTC 7 collapsed on its footprint in freefall time late in the day on September 11. Neither does the 9/11 commission investigate in any way whatsoever funding of the attack. Any criminal investigator knows that if you follow the trail of the money you will find the perpetrators.

Just like Obama who will not investigate Bush and/or Cheney for all of the felonies, war crimes, financial fraud, treason including the planning and orchestration of 9/11. He will just chalk it up to “moving on for the good of the country”.

The good of the country requires the investigation and prosecution of all of these criminals starting with George H.W. Bush and moving forward.

Joseph A. Lopisi is an attorney, member of the Coalition against Election Fraud and a cofounder of the Massachusetts 9/11 Truth Group. He is the webmaster of www.911insidejob.net. He can be reached at 911insidejob@bushstole04.com