February 24, 2010
By Rex McBride
Maybe Al Gore's been advised by legal counsel to lie low. He may be the leader of the anthropogenic global warming (AGW) movement, but he's not defending it in public, not even when it's falling apart and his new fortune is based upon it.
Mr. Gore and his financial backers earned millions of dollars in start-up "green" companies and carbon trading schemes. If the scam worked, he could've become the first "carbon billionaire."
"What goes up can fall down" applies to ill-gotten gains in the stock market or "carbon trading" schemes. In such schemes, it's foreseeable that trusting investors will (a) not only get hurt when the scam collapses, but they'll also (b) pursue legal remedies and sue him for fraud.
American Thinker
woensdag 24 februari 2010
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