KA-CHING!!! Green New Deal, Same Old Graft

[Riddick]

President Joe Biden's $2 trillion infrastructure plan includes a provision to boost electric vehicle use—which House speaker Nancy Pelosi (D., Calif.) stands to personally benefit from.

Pelosi's husband Paul purchased between $500,000 and $1 million in Tesla investments in December. Biden's infrastructure plan will lead to a windfall for Tesla and its shareholders. Her husband's Tesla investments include 25 call options at a strike price of $500 until March 2022. Call options are contracts that give the investor the right to buy shares of a company at a certain price—in this case $500—until the contract expires.

Pelosi is one of the richest members of Congress, with a net worth valued around $115 million. Congressional spouses can legally invest in companies their spouses help regulate, as long as they don’t act on private information.

Republicans say the timing of Paul Pelosi's investments is suspect. "There's a reason Nancy Pelosi is one of the most disliked politicians in America—she's corrupt," said Torunn Sinclair, national press secretary for the National Republican Congressional Committee. "This is yet another example of Nancy Pelosi using her power to tax the middle class and personally profit from it."

FULL STORY

But WAIT! There's MORE:

The Big Winner of Biden’s Green Energy Plan is His Energy Secretary’s Old Company

At the beginning of March, the CEO of ChargePoint rang the opening bell at the New York Stock Exchange as it became the first publicly traded global electric vehicle charging network.

When Biden picked Jennifer Granholm to be the Secretary of Energy, she, like many public officials, had a complex history of radical advocacy and special interest involvements. But one part of her career has received very little attention: In 2016, Granholm was picked to serve on ChargePoint’s board of directors.

When joining ChargePoint, CEO Pasquale Romano had touted Granholm’s green history. There’s certainly a lot of green history for the former Michigan governor. A long list of green energy boondoggles trails behind Granholm like a car with a busted muffler.

Despite attempts at spinning the latest green energy boondoggle as the exciting new thing, there is nothing new under the sun. Not even solar energy or any other green scam. Investors were waiting for the Biden Administration to go ahead with its push for 500,000 EV charging stations, and they were not disappointed.

Biden’s so-called ‘American Jobs Plan’, despite its name, a series of hyperspending giveaways to China and special interests, called for 500,000 charging stations, and ChargePoint’s stock, as expected, shot up on the news.

While Biden’s $174 billion electric car plan is bad enough, some estimates put the EV charger component cost as high as $50 billion. Higher end chargers can run to as much as $260,000. That means a single EV charger for rich Biden voters can cost over 10 times the price of a basic car.

All of this is being done to benefit a car owner demographic with an average income of six figures, who tend to be younger, wealthier, and are already subsidized by working Americans. Biden’s green plan means $260,000 EV chargers for the rich, higher taxes for everyone else.

ChargePoint, like other green energy companies, needs government subsidies.The likely big winner of Biden’s 500,000 EV charger proposal is a company whose board his Secretary of Energy sat on. It’s a good thing that the media is too discreet to report on it.

FULL STORY

[Doka]

That's what the Confederate Communists, DO. You don't think, they give a "flying leap" about a Country and it's People, as long as they can sell both out and make them pay for THEIR GOOD LIFE. The "Bobble Heads will do anthing for a free phone and Inferior free health care.

[Riddick]

COP 29 is the typically useless climate conference now taking place in Baku, Azerbaijan. The conference should have ended already, but it is being prolonged by the issue the delegates care most about: MONEY

Global warming warriors are trying to pull off the greatest transfer of wealth since the Industrial Revolution. Mostly is this is from industry to industry, but it also applies from country to country. Thus, the “developing” countries try to shame the “rich” countries into giving them money. Lots of money.

There are several obvious problems with this. First, there are only around 24 “rich” countries to pay the tab. That list does not include China, India or any of the oil-producing Gulf countries. Good luck persuading any of them to contribute.

Second, the United States–the main pigeon the grifters are trying to pluck–won’t kick in a dime under President Trump.

Climate conferences are mostly dreary boondoggles, but every now and then things come into focus. The “green” scam is all about the money. If it becomes clear that money is not going to be forthcoming, these pointless climate conferences will likely dry up.

FULL STORY

[Malaria_Kidd II]

✔Damn right that is from top to bottom! Thanks!

We knew 2020's deep states, cheap shot choice for POTUS #46. Would keep the pro climate change waves of our taxes on income dba "fiat money" crashing into the 🏝 deserted island left high and dry by #45!


MK II 🕊