California Prop 39: Is it really about Clean Energy? Here is the situation with Prop 39…..
As with virtually all propositions, Prop 39 is NOT what it claims to be.
I came across a big name and a giant donation to the “Green Energy” bill: Thomas F. Steyer and a $21,900,000.00 donation!
That is A LOT of money!
So who is this guy? Thomas Steyer is a Hedge-Fund Manager that runs Farallon Capital Management, L.L.C. The firm was founded by Steyer and is headquartered in San Francisco, California. He worked under Robert Rubin, at Goldman Sachs and in Morgan Stanley’s corporate mergers and acquisitions department. (Sound familiar? Robert Rubin? as in the architect behind the financial crisis and the banking fraud).
Needless to say 22 MILLION dollars is a lot of green to pour into the “green jobs” campaign. Is it possible this is about money and not the environment?
Of course it is and we have all seen what Obama’s “Clean Energy” jobs are doing to California. Ocotillo’s pristine desert along with other previously-protected Federal lands have been opened up for development to energy companies in the name of green energy. There is A LOT of money to be made under this moniker.
I am a big environmentalist and by no means a Republican, but I have become increasingly skeptical of legislation intended to protect our planet. It always seems to be less about the environment and more about making money (ironically in ways that harm the planet).
The fact that Wall Street has invested so much into this Proposition should raise a lot of eyebrows. If you have been paying attention to California Cap and Trade (which Steyer played a big role in passing), you know it is nothing more then a giant shell corporation for politicians to give money away to corporations and themselves. Steyer and his company are also big into real estate…of course. Seems real estate interests are behind everything in this election and this Proposition is no exception.
This proposition sets up a 1 billion dollar slush fund and a new bureaucracy to allocate the money. It’s as simple as that. The money will undoubtedly be given away to the special interests that already run the state…developers. That’s why the Legislature passed all kinds of legislation allocating global warming money to housing development — a very strange contradiction but not surprising.
There is also no money opposing the bill on record. So I recommend voting “no” on this proposition camouflaged as “sticking it to the man”…..because it looks like “the man” as in Wall Street is exactly who is behind this.
“Farallon also has substantial investments in foreign-owned companies, and operates a number of funds based in the Cayman Islands—a British dependency whose lax tax laws have become a favorite target of Democrats”.
