I’m currently coffee deprived at CPAC but I don’t need to be wide awake to spot Al Gore’s very convenient loot. I’ll let Dan Riehl explain:
Former Vice President Al Gore has built a Green money-making machine capable of eventually generating billions of dollars for investors, including himself, but he set it up so that the average Joe can’t afford to play on Gore’s terms. And the US portion is headed up by a former Gore staffer and fund raiser who previously ran afoul of both the FEC and the DOJ, before Janet Reno jumped in and shut down an investigation during the Clinton years.
As Bill Hobbs first pointed out, Gore supposedly pays for his extra-large carbon footprint through Generation Investment Management (GIM) – and if you’re looking to go green, and have your wallet go along with Gore, think again – average people are too insignificant to play – verifiable from this pdf.
And what exactly is GIM?
Generation is based in London, with its U.S. offices in Washington, DC. The firm will manage the assets of institutional investors such as pension funds, foundations and endowments, as well as those of select high net worth individuals. Generation expects to make extensive use of long-term performance based fees. Generation will begin its investment management business in early 2005.
Who would be these “high net worth individuals” GIM is talking about? Perhaps the former Vice President who runs a powerhouse? Certainly not an everyday middle class family.
Read the rest of Al Gore’s inconvenient hypocrisy. And here’s an interview about “the Jimmy Swaggart of the environmental movement” on last night’s Jon Caldara radio show with Drew Johnson of the free-market-friendly Tennessee Center for Policy Research. The segment starts within the first two or three minutes. Thanks to Tony from Boulder for the tip.
Update (AP): The possibilities are endless.
My personal favorite offset idea is one I call the Aqua Net Offset. This offset would allow chicks with big hair (and select male news reporters) to pay others not to use aerosol hairspray, thereby offsetting their own excessive consumption. Just consider the impact of the Donald Trump offset alone!
Yet, if America’s press would take some time out of their busy schedules covering the earth-shattering details surrounding Anna Nicole Smith’s demise, they might find a deliciously inconvenient truth about the soon-to-be-Dr. Gore that is significantly more fascinating and diabolical than anything likely to emerge from that courtroom in Broward County, Florida.