Well, well, well! The truth is finally coming out about the drive behind the "Climate Change" legislation called "Cap and Trade" and the ulterior motive behind it.

Kirsten E. Gillibrand, is the current senator from New York State that replaced Hillary Clinton. This is a United States Senator that is finally telling the truth that we peons have been trying to get out since the beginning of the "Cap and Trade" movement.

And, the truth is, "Cap and Trade" is all about MONEY... and lots of it.

It is amazing to me that Senator Gillibrand is so forthright in her declaration about the purpose of "Cap and Trade" legislation... it is to open the doors of opportunity to billions and billions of dollars (EDIT: THREE TRILLION DOLLARS ACTUALLY!) to be made in the forced replacing of carbon energy.

They will use the abuse of children for their greedy purposes as demonstrated in this post and clearly laid out here by the good Senator.

If you read carefully you will actually see that she unashamedly touts controlling who can participate in the carbon credit scheme. She is "selling" the idea to New York and Wall Street on the basis that they are uniquely poised to gain control of the carbon credit scheme... and shut out all others.

Here we have a United States Senator admitting that legislation and legislators in Washington DC are in total and evil collusion with big industry to force the carbon credit market by national law... and then to reward those they chose to reward with the billions of dollars to be made when they shove this evil legislation down America's and the rest of the world's throat.

This is both unconstitutional and wicked. The ones who will suffer the most are the poorest in our country and the world.

This is a remarkable admission and should serve for the impeachment of every legislator that supports this assault on all of humanity.

Wall Street Journal

Cap and Trade Could Be a Boon to New York
The city is uniquely positioned to benefit from a global market in carbon emissions.

By KIRSTEN E. GILLIBRAND

Over the past year, the economic crisis has devastated the financial services industry that fueled New York's boom years. The ripple effect from Wall Street is still being felt, as unemployment has risen to 10.3% in New York City.

In this turmoil, it may seem hard to imagine a financial market poised to deliver significant growth. However, a rising number of investors and financiers see one in the trading and reduction of carbon. According to financial experts, carbon permits could quickly become the world's largest commodities market, growing to as much as $3 trillion by 2020 (Notice first the appeal to greed) from just over $100 billion today. With thousands of firms and energy producers buying and selling permits to emit carbon, transaction fees for exchanges and clearing alone could top nearly half a billion dollars.

If Congress establishes proper oversight of a carbon market, New York's financial talent, expertise and institutions are uniquely suited to provide the tools and innovation for a new commodities market of this size. Firms wishing to invest over the long term will need to turn to our financial sector to create the emerging products and provide the capital that would allow them to make green energy investments.....(Notice the open greedy bait to control the carbon market... and the word control is a key word here.)

.... As a member of the Senate Environment, Agriculture, and Foreign Relations Committees—all of which will have a lead role in the development of climate change legislation—I am focused on several core principles to ensure effective oversight of this new market and help New York seize this opportunity..... (She openly admits here that as an elected official with a leading role in climate legislation that she will work to not only pass the legislation, but also direct the oversight of the consequence of said legislation to specific institutions. This is collusion of government and industry... brazenly announced.)

.... Carbon is a commodity derivative, and the new carbon market must conform to the broader commodity derivatives oversight that President Barack Obama and Treasury Secretary Timothy Geithner have outlined. Congress should integrate carbon trading into comprehensive financial reform.... ("Congress integrate carbon trading into financial reform"... more direct and admitted control.)

.... New York will be positioned to gain market share in this growing marketplace ("Will be positioned to gain"... read I will see to it that we get our control.) due to its superior and substantial financial talent and expertise....

...Some have suggested that we mandate exchange trading of carbon-related derivatives, effectively requiring standardization of all derivatives. In order to trade on an exchange, a derivative contract must be highly standardized. As a result, such a requirement would effectively ban customized derivatives. ("effectively BAN customized derivative." Read here, "We will stifle and eliminate all competition.")

Closing off these markets to customized contracts would block carbon emitters from the products they need to hedge costs and fund long-term carbon reduction projects.... (This is an open acknowledgment that the government will stop all necessary resources to any that might try to compete in what used to be an "open market" place... what we used to know as the "Free Enterprise System.")

... it is essential to the long-term success of climate-change legislation and the ultimate benefit for New York that the market for carbon-emissions permits is internationally integrated. (Interpreted this means that congress and their latch-key industries will control the carbon credits industry for the entire world.) We should encourage the use of international offsets, such as reforestation projects in South America, which will drive investments in the most efficient reductions and allow firms in the U.S. to capitalize on their innovative practices across the globe. (Another open admission to a global control of energy futures.)

New York and the U.S. have a lot to gain from our efforts to combat climate change, and a lot to lose if we fail.

This speech by the Senator is the most brazen acknowledgment of government collusion with industry that could ever be imagined.

Astonishing acknowledgment of guilt.

xtnyoda, shalomed