Tuesday, November 16, 2010

Bloomberg Calls for Carbon Tax as a Way to Fight Terrorists

New York Mayor Michael Bloomberg spoke today before the Wall Street Journal CEO Council annual conference. According to WSJ, he told attendees that the U.S. needs to reduce its dependence on foreign oil, if “you want to stop sending your money to … terrorists.”

The answer, he said: “We need a carbon tax.”

Al Gore, among others, has been promoting a carbon tax based on bogus data showing carbon causes golbal warming. To my knowledge, Bloomberg is the first person to suggest a carbon tax as a way to battle terrorists.

Bloomberg, a billionaire, got his start by gaining access to the "inside quote" that Primary Dealers used who traded with the Federal Reserve.  He sold his quote machines to bond dealers with this quote. The quote was extremely valuable in providing bond traders with insight on Fed trading activities. It is not publicly known why Bloomberg was given access to this quote. Other quote providers who requested to publish the quote were denied access.  In short, it was a billion dollar gift to Bloomberg.

Many view a Cap and Trade carbon tax as a gift to Wall Street firms such as Goldman Sachs, who are gung ho about trading carbon credits.

9 comments:

  1. Another misleading statement from the oligarch that wants to enrich themselves by trading carbon credits. How come none of those that love green energy (or the money they can pilfer from the public over it), never mention how they will address multitude of other products that come from the refining process of oil. So long as we demand the other bi-products (LPG, plastics, bitumen, etc), the fuels have to be made too, which means a decline in demand will translate into even lower prices and greater hurdles for green solutions. Unless we intended to simultaneously stop using all of the other products at the same time, we will still be dependent on foreign oil.

    And lastly, why does this genius think that subjecting the middle east to abject poverty, which would be the outcome if his idea were somehow to be achieved, would prevent terrorism? If anything, it will increase it many times over, unless he thinks that poverty makes people peaceful. Typical neocon.

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  2. Another scumbag with unlimited greed. F him.

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  3. This has got to be a story from "The Onion" that got picked up as serious news...

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  4. Have to tell you that I'm proud that Germany is doing something, in order to improve the overall use off carbon based energy and which will move the country forward to the one liter house.

    USA is just a pretending bunch of people - sorry guys - but you don't have real freedoms and have lost any capability, except murdering people abroad, since 1960.

    May God or Dog bless you!

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  5. Yeah, yet another douchebag engaging in douchebaggery; eff you and your cronies, Bloomberg.

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  6. DITTO
    Another misleading statement from the oligarch that wants to enrich themselves by trading carbon credits. How come none of those that love green energy (or the money they can pilfer from the public over it), never mention how they will address multitude of other products that come from the refining process of oil. So long as we demand the other bi-products (LPG, plastics, bitumen, etc), the fuels have to be made too, which means a decline in demand will translate into even lower prices and greater hurdles for green solutions. Unless we intended to simultaneously stop using all of the other products at the same time, we will still be dependent on foreign oil.

    And lastly, why does this genius think that subjecting the middle east to abject poverty, which would be the outcome if his idea were somehow to be achieved, would prevent terrorism? If anything, it will increase it many times over, unless he thinks that poverty makes people peaceful. Typical neocon

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  7. Perhaps Bloombagger could set a better example by donating his carbon credits to the less worthy and stop breathing...

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  8. The "virtual economy" gets sillier by the second, these parasitic morons engaged in the futile and over rated imaginary transactions, verily mix playing the game monopoly with the "real world" they apparently are residing in.

    What useful output, product, service, is provided by these paper shuffling grandiloquent operatives, I am yet to discern?

    Carbon tax, my foot, as it stands we the people are paying fifty percent of our incomes, that is the result of the real toil sweat and time, in one way or another as interest repayments to these paper pushing pencil necks. This ransom, which evidently is not enough to keep these operatives and maintain their lifestyles, is now getting ramped up higher so that, the imaginary points gained or lost in their games, does not affect these free-loading parasites, and the status quo is maintained!

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  9. They are desperate to push the carbon tax through before their global warming religion is fully exposed. They've still got a lot of 'yes-people' on their side who spout the status quo, and who apparently don't realize that the carbon tax just charges people for emissions, it does nothing to reduce them. Indeed, it's carte blanche to rape the planet all they care to, as long as they grant the devil his due. Now, if global warming was real, wouldn't they be offering a solution that didn't involve using even more energy and impoverishing even more people with staggering debt? This man wants to destroy the economy of this country and every other country in the world, to . . . protect us from terrorists? Who's the terrorist?

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