Al Gore could become world's first carbon billionaire

Discussion in 'Blazers OT Forum' started by Denny Crane, Nov 3, 2009.

  1. elcap15

    elcap15 I slap you

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    I dont see anything wrong with this. If you are arguing that the government shouldnt be spending money in ways you find inefficient, thats fine, but that has nothing to do with what Gore did.
     
  2. RR7

    RR7 Well-Known Member

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    This is what I don't understand, which side is trying to be presented. I agree with this comment, argue about the government spending all you want. If you're arguing against Gore, well, you're going to need to do a much better job of it.
     
  3. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    I argue both. The investment is in a scam, and the people have been scammed to pay for it.

    I also pointed out I'm against corporate welfare of any kind. It gets a little tricky when the govt. is buying weapons from defense companies, but I don't see any reason why it couldn't come at a price - like not being able to sell to anyone else.
     
  4. Buzz Killington

    Buzz Killington Great Sea Urchin Cerviche

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    not surprised, known for a long time he has profited through his advocacy of energy efficiency. can't blame him though.

    money = honey
     
  5. STOMP

    STOMP mere fan

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    It does if you really hate Al Gore.

    STOMP
     
  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The value of all his green investments with aid from the government grants is $1B. Not just this one company.

    On a similar note, isn't it rather odd that Obama goes after Wall St. pay, then goes up to New Jersey to campaign for Corzine? Corzine is the poster boy for guys who made $billions in compensation from Wall St.

    Of course, it's fair to say that it's Obama's job to keep Democrats elected wherever possible.
     
  7. Haakzilla

    Haakzilla Well-Known Member

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    The War on Global Warming
    The War on Terrorism
    The War on Drugs
    The War on etc etc etc!!!

    ...it is all just a huge facade for the corporate/banks giants to make even more money!!!
     
    Last edited: Nov 3, 2009
  8. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Not unless you have info you haven't shared. The article you linked was merely speculating that he could one day make a billion.

    barfo
     
  9. Sug

    Sug Well-Known Member

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    How is this different than any other "self made man" in US history?
     
  10. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    We went from $1M in net worth in 2001 to over $100M in 2008. Don't know if they're counting illiquid stocks (not publicly traded yet) in that figure. I don't care if he's worth $1B, all I care is that he's investing in companies that the government is throwing hundreds of $millions or $billions at in grants.
     
  11. Buzz Killington

    Buzz Killington Great Sea Urchin Cerviche

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    Like Dick Cheney, perhaps?
     
  12. elcap15

    elcap15 I slap you

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    So am I. On a much smaller scale obviously.

    Im no huge Obama fan, but its stupid not to follow the money.
     
  13. PapaG

    PapaG Banned User BANNED

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    Probably not the ones they are making fear-mongering movies about, speeches, and advising his own party on in terms of legislation.

    This is Cheney/Halliburton on steroids. :biglaugh:
     
  14. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    I don't really think that there's a reason for a stink about Gore making money off of Green Energy.

    As said, he's been a private citizen for almost a decade now. Maybe he saw the writing on the wall and starting investing in something that a) he knew about and b) speculated that it'd get even bigger in the future. He advanced (I'd say "created", but that's too strong) an idea that dovetailed nicely with his investments, and won the Nobel Peace Prize for it.

    I don't agree with his premises or prescriptions, but I don't think he's doing anything wrong or illegal. Maybe I'm being naive.
     
  15. maxiep

    maxiep RIP Dr. Jack

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    For those who are fine with Al Gore making this kind of money off of his investments, I never want to see another "Halliburton" or "Bush's Oil Buddies" from you.
     
  16. maxiep

    maxiep RIP Dr. Jack

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    You're right. Al Gore is Dick Cheney.
     
  17. maxiep

    maxiep RIP Dr. Jack

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    BTW, I don't think Gore has done anything particularly wrong at all. My only beef with him is, like Michael Moore, he's an incredible hypocrite.
     
  18. Eastoff

    Eastoff But it was a beginning.

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    We should also stop the corn industry! They have clearly received more money in subsidies over the years. Why do you think the terriffs on sugar are so high? That is an industry propped up by the government. Where is your thread about that? Where is your thread about Dick Cheney getting money routed to his prison system in Texas he invested money into while he was in office?
     
  19. Eastoff

    Eastoff But it was a beginning.

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    :biglaugh: how many people have died for green energy? :biglaugh:
     
  20. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    There is a big difference. Gore was a private citizen when he made these investments. As a private citizen, there are no more restrictions on his business dealings than yours or mine. Cheney was VP when he allegedly funneled government contracts to Halliburton.

    [For the record, I am not accusing Cheney of anything at all. However, if it were true that he did do what others have alleged, then it would be a very different matter than Gore's investments, because he was a public servant at the time, Gore was not. Cheney's actions would have been illegal; Gore's were legal.]

    barfo
     

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