Goldman Sachs is a goliath investment company that pays very little tax. In fact, last year in the teeth of the recession, Goldman made more than $2 billion in profit and, according to the Associated Press, paid its CEO Lloyd Blankfein about $43 million. Let me repeat: Old Lloyd made $43 million bucks in 2008. But Goldman Sachs paid zero in federal income tax. Let me repeat: Goldman made $2 billion and paid nothing in federal tax.
A quick aside: President Obama and the Democrats want to raise taxes on high-earning Americans to pay for health care. But Goldman-Sachs gets a pass.
Back to cap-and-trade. Goldman owns a 10 percent stake in the Chicago Climate Exchange, where the cap-and-trade deals will be made. On each deal a commission will be paid. Goldman Sachs stands to vacuum up money. Did I mention the company pays very little tax?
Also, Goldman employees gave President Obama's campaign close to $1 million. Did I mention that?
Ready for more? Guess who has also invested heavily in cap-and-trade? Hello, Al Gore. He's started a company named Generation Investment Management, which will also profit big time if the cap-and-trade deal becomes law. Since Al Gore launched his global warming crusade, his net worth has increased 5,000 percent to more than $100 million, according to Investors Business Daily. As they say on Wall Street, Mr. Gore is hot. Pardon the pun.
So let's recap. Global warming is bad, but cap-and-trade will not affect it much because China and India will continue to pollute. Big corporations like Goldman Sachs and big guys like Al Gore could make many millions of dollars off cap-and-trade, while the regular folks will pay more for just about everything.
That definitely sounds like change — change Mr. Gore and Goldman Sachs can believe in
After having these facts how can any American be for this Dictatorship?
Lets not forget Warren Buffet's $Billions of Dollars invested in Goldman Sachs. Oh Yeah, The same Billionaire that supports Radicals like Obama and clearly stated he would buy the Presidency with Obama winning!
The radical ties are very clearly drawn, When will America Wake Up?
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