Obama's cronies make the Mafia look like rank amateurs.
Fri Aug 20, 2010 15:57

Some financial experts think this will be the
largest "scam"or "legal heist" in world history.

Obama's cronies make the Mafia look like rank amateurs.

They will make Bernie Madoff's fraud look like penny-ante stuff.

Soetoro/Obama Plan to Scam America for $10 Trillion
Published By admin On Wednesday, August 18th 2010. Under Obama Crimes Tags: "green" businesses, 10 TRILLION dollars, Adele Simmons, admitted Marxist, Al Gore, bailout of Shore Bank
planetnews8@gmail.com WROTE:

SO THE PLOT THICKENS .................AND SICKENS !!!!

I thought we knew quite a bit about Obama and his band of buddies, but what I knew was so tiny compared to this. Read on through this email (even the rather boring part) and see how it comes together in the last part.

This really is a must-read.

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, and it's not hope and change.

It's all about 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.

A small bank in Chicago called SHORE BANK 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, Shore Bank was too politically connected to be allowed to go under.

Shore Bank 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 accumulated 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 toglobal 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 and 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 Shore Bank. The foundation is now one of the major shareholders, and 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 Shore Bank 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 Shore Bank, 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 Shore Bank was Ronald Grzywinski, a cohort and close friend of Jimmy Carter.

The former Shore Bank 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, he escaped jail on a technicality, and he 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 again. He's the brother of Bill Ayers.

Howard Stanback is a board member of Shore Bank. He is a former board chairman of the Woods Foundation. Obama and the terrorist Ayers brother, Bill, 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, Miner, 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 Shore Bank, 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 also sits on the board of Shore Bank 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. 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 also 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 also 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 Shore Bank attended. (They are all friends).


And now the closing...

Because many recent climate studies have been exposed as scientific nonsense, people are slowly realizing that man-made global warming is nothing more than a money-generating hoax. As a result, Obama is working feverishly to win the race. He aims to push a Cap-and-Trade Carbon Tax Bill through Congress and into law.

Obama knows he must get this 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 a means of 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 skyrocket.

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 SHORE BANK. With 10 trillion dollars flowing through 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. Obama's cronies make the Mafia look like rank amateurs. They will make Bernie Madoff's fraud look like penny-ante stuff.


Obama’s Friend’s in 1998. The photo from left to right, Michelle Obama, Barack Obama, Professor Edward Said, Columbia University, and Mariam Said at a May, 1998 Arab community event in Chicago at which Edward Said gave the keynote speech. The video of this event where Israel was allegedly degraded was never released by the LA Times.

How much influence did they have over any legislation that then Illinois State Senator Barack Obama was supporting or passing during these years? Anti-gun legislation that Obama supported was also backed through his association with the Joyce Foundation.

Supreme Court Justices who might have been affected by Obama’s and the Joyce Foundation’s influence peddling through law reviews from 1994 through 2002:

Former Chief Justice William H. Rehnquist
Justice John Paul Stevens
Justice Sandra Day O’Connor
Justice Antonin Scalia
Justice Anthony M. Kennedy
Justice David Hackett Souter
Justice Clarence Thomas
Justice Ruth Bader Ginsburg
Justice Stephen G. Breyer

This is more evidence of the crime and corruption of the Joyce Foundation and Obama. Not only are they involved in what Glen Beck calls “Crime Inc.”, the global warming scam and scandal that involves Obama, Al Gore, Goldman Sachs, Joyce Foundation, other CCX partners, and Shorebank, we can now see how they have been trying to influence our US Justice Department and obtain their ultimate prize by influencing the Supreme Court Justices.

Will there be someone that can investigate and file suit against the Joyce Foundation before the universities they fed are discredited for being involved in this foundation’s illegal activities, strategy, agenda, and future plans? We can only pray we can expose them and put a stop to their criminal behavior. If you are alumni of these named universities, perhaps you might consider making contact with them. They should be examining how they might be affected if lawsuits are brought against Joyce Foundation for their unlawful and criminal activities.

Below is the original article written in October, 2008 that summarizes the lawsuit. It is a must that you read “Joyce Foundation, Obama, and Heller v. D.C.”

Soetoro/Obama Plan to Scam America for $10 Trillion
Published By admin On Wednesday, August 18th 2010. Under Obama Crimes Tags: "green" businesses, 10 TRILLION dollars, Adele Simmons, admitted Marxist, Al Gore, bailout of Shore Bank

-------- Original Message --------
Date: Fri, 20 Aug 2010 20:02:51 -0700
From: Nance ~ planetnews8@gmail.com

It's big. Share quickly as it YouTube may scrub it.



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