Have you heard of Shore Bank?

[ds2]

For the love of money... Very interesting reading, it's worth your time

Have you heard of Shore Bank? Well you should know all you can about it.

Date: Sun, 27 Jun 2010 06:41:22 EDT

Subject: ShoreBank (Chicago) and Obama's" Cap and Trade Bill

But, here's the KICKER (THE MONEY TRAIL).

If the Cap & Trade 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 spit 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 ShoreBank. With 10 trillion dollars flowing though 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.

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.

Here's the rest of the story...

This story has been put together from various articles and TV shows by the British Times paper. It shows what Obama and his friends are really all about. It's not hope and change, it is money.

A small bank in Chicago called ShoreBank almost went bankrupt duringthe 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, ShoreBank was too politically connected to be allowed to go under.

ShoreBank 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 to global 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 ShoreBank. The foundation is now one of the major shareholders. The bank has now been designated to be the "banking arm" of the CHICAGO CLIMATEEXCHANGE (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 ShoreBank co-founder, named Jan Piercy, was a Wellesley College roommate of Hillarious Clinton. Hillarious and Bill Clinton have long supported the bank and are small investors.

Another co-founder of ShoreBank, 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 ShoreBank 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 Hillarious 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, escaped jail on a technicality, and 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. The brother of Bill Ayers, the terrorist.

Howard Stanback is a board member of ShoreBank. He is a former board chairman of the Woods Foundation. Obama and Bill Ayers, the terrorist, 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 ShoreBank, 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 sits on the board of ShoreBank 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. Van 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 a Marxist. Here's the rest of the line-up...and the end result that will affect YOU!

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 holdingcompany listed on the London Stock Exchange. This company trades Carbon Credits in Europe (just like CXX will do here) and its floor is 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 Hillarious Clinton and Jan Piercy, a co-founder of ShoreBank attended. (They are all friends).

Interesting? And now the closing...

Because many 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 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 sky rocket.

[Niko]

Beck had this on his radio show like a month ago.

[Butifldrm]

It's amazing what we are finding out on a daily basis about O and his cronies, what scares me is what we don't know. Keep diggin. I am sure one day we will find a whole he is going to fall into.

Keep the Faith

Edited July 29, 2010 by Butifldrm

[Pat]

[/bAMERICA AND AMERICANS ARE BEING SOLD OUT....WE ARE WATCHING THE DEATH OF OUR FREEDOM EACH DAY....GOD......HELP US.

[skippy569]

More political BS from Glenn Beck and his stooges. Can't we just talk about dinars instead of listening to idiots that have a hidden agenda.

Edited July 29, 2010 by skippy569

[LittleMissGrits]

The book of Psalms says over and over that if you set a trap, you will fall in it. The crooks just think they are in charge!

[bobby_cahill]

Hey Mr OTAY wake up! It's ok that you voted for the man, we all make mistakes (just none as stupid as that)

I hope when this Dinar hits, your comfortable SHARING your wealth with me. Im hiding mine so you and Mr Gimme all your Money don't take it

Other than that, have a great day!

Semper Fi

ps......i'm an O'Riley and Beck stooge

[terr]

The book of Psalms says over and over that if you set a trap, you will fall in it. The crooks just think they are in charge!

that is so very true. But wheeeeeeen?

[ds2]

More political BS from Glenn Beck and his stooges. Can't we just talk about dinars instead of listening to idiots that have a hidden agenda.

this is the off topic section. if you want to read about dinar click on one of the sections that have dinar in the title and don't read anything in off topic.the off topic isn't dinar related thus the title "off topic".

Edited July 29, 2010 by ds2

[mhl0521]

hidden agenda!? and what would that be...to expose the lies and painful country destroying agenda of the current president and congress?

[Niko]

More political BS from Glenn Beck and his stooges. Can't we just talk about dinars instead of listening to idiots that have a hidden agenda.

The name and the avatar fit the post. The good news is that we know what you suffer from skippy. Liberal dumbassism. The cure is simple, education. Unfortunately LB is a PROGRESSIVE disease that inhibits free thought.

We're here to help Skip. Stay around and become well. Or say f**k it and just wait to collect your govt check on the 1st of the month.

Best wishes and get well friend!

[Chris S.]

More political BS from Glenn Beck and his stooges. Can't we just talk about dinars instead of listening to idiots that have a hidden agenda.

You are so ignorant.

[stronglilly]

For the love of money... Very interesting reading, it's worth your time

Have you heard of Shore Bank? Well you should know all you can about it.

Date: Sun, 27 Jun 2010 06:41:22 EDT

Subject: ShoreBank (Chicago) and Obama's" Cap and Trade Bill

But, here's the KICKER (THE MONEY TRAIL).

There is so much more..... how can O keep breaking the law this way and getting away with it? Isn't there someone who will do something? Can we really aford to wait until the elections? I just read this and thought I would share.

Here is the article......

THIS HAS GOT TO BE THE MOST OUTRAGEOUS STATEMENT EVER MADE BY A PUBLIC OFFICIAL, LET ALONE BY THE PRESIDENT OF THE UNITED STATES. AND THIS GUY IS OUR "COMMANDER IN CHIEF".

HERE IS HIS RESPONSE WHEN HE BACKED OFF FROM HIS DECISION

TO REQUIRE THE MILITARY PAY FOR THEIR WAR INJURIES.

Bad press, including major mockery of the plan by comedian Jon

Stewart, led to President Obama abandoning his proposal to require

veterans carry private health insurance to cover the estimated $540

million annual cost to the federal government of treatment for injuries

to military personnel received during their tours on active duty. The

President admitted that he was puzzled by the magnitude of the

opposition to his proposal.

"Look, it's an all volunteer force," Obama complained.

"Nobody made these guys go to war.

They had to have known and accepted the risks.

Now they whine about bearing the costs of their choice? It

doesn't compute.." "I thought these were people who were proud to

sacrifice for their country, "Obama continued. "I wasn't asking for

blood, just money. With the country facing the worst financial crisis in its

history, I'd have thought that the patriotic thing to do would be to try to help

reduce the nation's deficit. I guess I underestimated the

selfishness of some of my fellow Americans."

Please pass this on to every vet and their families whom you know.

REMEMBER THIS STATEMENT.... "Nobody made these guys go to war. They had to have known and accepted the risks. Now they whine about bearing the costs of their choice?"

If this jerk thinks he will ever get another vote from anyone who is or has been associated with the military service he's nuts.. If you or a family member is serving or has served their country, please send this to them..

I'm guessing that everyone, other than the 20-25 percent hardcore liberals in the US , will agree that this is another example of why Obama is the worst

president in American history. Remind everyone over-and-over how this man thinks, while he bows to the Saudi Arabian king.

If someone was kidnapping our children we would go after them, if they were stealing from our bank account we would go after them, if they used fraud to take away our life then we would do something. HELLO... O is doing these very things. SOMEONE PLEASE HELP!!!! My children, grandchildren and I are being robbed AND SO ARE YOURS.

Won't someone do something please! Surely there is enough to get this fraud impeached or arrested. If we ignore this it would go away, but our freedoms will.

[2dinar1dong]

More political BS from Glenn Beck and his stooges. Can't we just talk about dinars instead of listening to idiots that have a hidden agenda.

O TAY will be LOVING Bush when the RV happens....or he will say Obama did it ..reverse Psychology..(but we all know who will need to be thanked (who really did it) in helping the Iraqi people and US....).

[tampa1000]

Skippy!!!!!!!!!!!!!!!!!! you give Glenn B hell, maybe you need him to educate you for a week, wake up amigo, the track America is on will lead us down a dark road and you will be the first to feal it!!! The elite can survive, Mr. O is not for the middle to low income, his people around him are rich and are always avoiding taxes, why do you think they keep falling like flies!!! Because they stink!!! Obama himself have a fly problem, they keep fallowing him everywhere, wake up America!!!!!!

[Jimmyreno]

More political BS from Glenn Beck and his stooges. Can't we just talk about dinars instead of listening to idiots that have a hidden agenda.

It has been said that you can have and voice your own opinion, but you can't have your own facts. The fact is that Obama is trying to destroy our constitution one right at a time. Be carefull of what you wish for sir because you may get it on day!

[rich daniels]

this is the off topic section. if you want to read about dinar click on one of the sections that have dinar in the title and don't read anything in off topic.the off topic isn't dinar related thus the title "off topic".

that should explain y skippy voted for O. he seems to have a problem with simple concepts

[mountanman]

Amazing what these hoodlums are getting away with!

[bulldawg]

The name and the avatar fit the post. The good news is that we know what you suffer from skippy. Liberal dumbassism. The cure is simple, education. Unfortunately LB is a PROGRESSIVE disease that inhibits free thought.

We're here to help Skip. Stay around and become well. Or say f**k it and just wait to collect your govt check on the 1st of the month.

Best wishes and get well friend!

Hey Niko,

You are so right. However, I fear Skippy’s progressive disease has progressed to the point that he suffers from oxygen deprivation—his head is so far up his arse his brain doesn’t function.

[Butifldrm]

Obama is so desperate for votes, he is appearing on The View today. What a waste of taxpayer dollars.

I pray all Americans see him for who he really is. I'd say it but I know I'd get banned.

Keep the Faith

[Niko]

Hey Niko,

You are so right. However, I fear Skippy’s progressive disease has progressed to the point that he suffers from oxygen deprivation—his head is so far up his arse his brain doesn’t function.

It's a tough fix for sure