All of the Wolves are coming out to feast on the sheep
 

:1orglaugh:1orglaugh


December 10, 2009, 5:27 am
Soros Hatches Climate Finance Scheme
By ANDREW C. REVKIN

Andrew C. Revkin
George Soros, the American philanthropist and financier, offered a new way to fund the multibillion dollar price tag for helping poor countries adapt to climate change.


COPENHAGEN ? As climate treaty negotiators continued to tussle over how much rich countries should pay to help poor ones deal with climate risks, preserve forests and adopt non-polluting energy technology, the financier George Soros appeared on the sidelines Thursday to identify a new pot of $100 billion that could help pay the bills.

The money, he said at a news conference, would come from a pool of assets made up of an international financial instrument called special drawing rights, or S.D.R.?s.

Placed in a ?green fund,? he said, this money could be invested in the most vulnerable developing countries to protect rain forests, plant new forests, expand farming methods that store carbon, and help with adaptation and energy programs.

There are substantial hurdles to moving forward, including a requirement, given how such funds are administered, for congressional approval in the United States ? no easy step these days.

But Mr. Soros said that France and England recently undertook a $2 billion deal involving S.D.R.?s that provides a template for his climate plan.


As the global financial crisis played out, he explained, the International Monetary Fund issued $283 billion in S.D.R.?s, $150 billion of which went to the world?s 15 biggest industrialized countries. These instruments are a ?virtual currency? with a value set by a basket of real currencies.

More than $100 billion in S.D.R.?s is sitting in reserve accounts, he said. They are backed by the monetary fund?s gold reserves, and currently the excess value of the gold is supposed to be used to benefit the world?s least developed countries, he added.

He acknowledged that the S.D.R.?s normally serve as a source of liquidity, but in this case would be used as a financing tool. But given the limits on what rich countries are able to offer in the climate talks with budgets tight and deficits high, he said financial innovation was vital to breaking the deadlock in the negotiations.

The justification, he said, came from the scope of the climate challenge. ?I?ve been convinced that this is really an existential problem for the world,? he said.

The idea has merit as a way to pay for the ?fast start? climate adaptation fund of $10 billion a year that rich countries have proposed but not yet figured out how to pay for, said Thomas C. Heller, who advises Mr. Soros on climate policy and is a professor emeritus of international legal studies at Stanford University.


http://greeninc.blogs.nytimes.com/20...ef=global-home

The Hidden Soros Agenda: Drugs, Money, the Media, and Political Power

How many times have we heard or read stories about Vice President Dick Cheney's old firm, Halliburton, and its alleged influence over the government? A public company with more than 100,000 employees, Halliburton had revenues of $13 billion in 2001. However, George Soros is a human Halliburton who will be in a position if John Kerry is elected president to pull the strings. He is reportedly worth $7.2 billion. But his role in buying the White House for John Kerry has received generally positive coverage. Soros, we're told, is a "philanthropist" committed to "democracy." The Republican Party, by contrast, is supposed to be run by fat cats and Big Business, such as those at Halliburton.

Soros may be the biggest political fat cat of all time. Convicted in France of insider trading, Soros specializes in weakening or collapsing the currencies of entire nations for his own selfish interests. He is known as the man who broke the Bank of England. His power is such that his statements alone can cause currencies to go up or down. Other people suffer so he can get rich. But journalists don't want to examine the questionable means by which he achieved his wealth because they share his goal of electing Kerry and the Democrats. Curiously, once he made his fortune he became a global socialist, endorsing global taxes on the very means he employed to get rich – international currency speculation and manipulation.

The media consistently ignore the fact that this so-called "philanthropist" has had several brushes with the law as he has laid siege to national economies and currencies. Hard-working U.S. businessmen understand how Soros has made his money. In protesting a Soros appearance hosted by the University of Toledo, Edwin J. Nagle III, president and CEO of the Nagle Companies, highlighted "the immoral and unethical means by which he achieved his wealth." He added, "I certainly didn't see included in his bio the stories on how he collapsed whole country's currencies for his own self interests so that many may suffer."

http://www.aim.org/special-report/th...litical-power/

Cool, go trees!

Let's save the World one fraud at a time

People with Asperger syndrome often display behavior, interests, and activities that are restricted and repetitive and are sometimes abnormally intense or focused

long read :disgust

What? Global Governance? I thought it was about climate change?

just kill yourself.

Good idea. That should really help a lot of developing countries out.

What loansharking them money? You do realize that's why they are broke to begin with? The IMF and World Bank loaned them money at interest they could never possibly pay back. In turn all of their money is spent on the interest.. Sound familiar?

With all this criminality now so out in the open, I cannot for the life of me see why some people cannot grasp the gravity of what's happening. What will it take before they are to understand (even slightly) the peril they face? What will it take? When will 1 + 1 finally equal 2? Hell, these criminals are out there all over the MSM telling us what they are going to do almost daily now, and still some people refuse to see it.

The funny thing is, it's almost as though the criminal elites, for all the recent setbacks they have had, are more emboldened each passing day with the realization that the general populous is (or "is" to the extent that all of their propaganda has had it's desired affect) dumbed down enough to just swallow it. I mean they can now come right out, spell it out in bright red, put neon lights around it, and still, the vast majority of people cannot connect the dots. Maybe we have just had it too good for too long, and for some people to even entertain the thought of what these criminals have planned for them would upset their reality more than they can handle.

</rant>

That's you?
Really Cool!!!
:GFYBand