The Obama administration plans to raise the price of gasoline-which for the first quarter of 2013 is higher than the same time in 2012. Intentionally pushing prices up would seem stupid in the midst of a struggling economy-if your goal is to help those most impacted by higher fuel and food prices, rather than boosting the bottom line for your billionaire donors.
The plans, announced Friday, call for stricter limits on sulfur in gasoline-from the current 30 ppm to 10. The EPA estimates "less than a penny" increase for a gallon of gasoline. Industry sources say it will be closer to ten cents a gallon.
When the public doesn't see air pollution as a problem, and the President's popularity has peaked, why would he put out policy that would hit the middle class the hardest? Because, despite his campaign rhetoric, he's not "a warrior for the middle class."
One year ago, Christine Lakatos launched "The Green Corruption Files"-through which she set out to prove that "green corruption is the largest, most expensive and deceptive case of crony capitalism in American history." Lakatos just posted her expose on George Soros and his profiting from his, apparent, insider information on green-energy investments. Within her post, Lakatos says: "be prepared for regulations and legislation that will, in some form or another É save our planet." Exactly one week later, the new EPA standards on gasoline were released. The standards will raise the cost of fuel-which has been the underlying goal of the Obama energy agenda: make what works more expensive so people will accept the high cost of "green energy" in the name of saving the planet.
In the Soros story we see: it's not about the planet, it's about the profit. Soros' investment portfolio shows he invests where he can make money-both traditional and green energy. Soros said: "I am basically there to make money. I cannot and do not look at the social consequences of what I do."
Soros' relationship with Obama goes back almost as far as his manipulation of money and markets.
It is reported that back before, Obama became a Senator, a cadre of high powered-Democrats met in 2002 at Soros' Long Island Southampton beach house. Without that meeting, Lt. Col. Robert "Buzz" Patterson, says: "Barack Obama would be É an unremarkable and unheard of state senator. Instead, Barack Obama is the President of the United States."
Soros was an early donor to Obama's senatorial race. "Soros and his family gave Barack Obama $60,000." Once Obama was running for president, Soros was there again with support to the tune of $5 million-which put him on the Forbes' 2008 list of Obama's Billionaire Buddies. But the king of contributions wasn't done there, and in September 2012, Soros pledged $1.5 million in donations to a trio of super PACs backing Obama and congressional Democrats. Soros' political contributions are widely known, as is his funding of left-leaning organizations such as Center for American Progress, Tides Center and Apollo Alliance-which all play a part in his ability to cash in on green.
Soros played a role in writing Obama's 2009 Stimulus Bill that put nearly $100 billion into various green energy companies and projects. Additionally, there is a little-publicized connection between Soros, green energy advocacy, and the White House.
Since buying access, Soros has been a frequent White House visitor and met with Obama's, then, top economist Larry Summers.
The Soros-funded Apollo Alliance brags about its role in writing the 2009 Stimulus Bill. In an interview, the best-selling author of Throw Them All Out, Peter Schweizer, reveals, "In the first quarter of 2009, Mr. Soros went on a stock-buying spree in companies that ultimately benefited from the federal stimulus." He continues: "It is not necessarily the case that Soros had specific insider tips about any government grants," nevertheless, Soros' "investment decisions aligned remarkably closely with government grants and transfers." The majority of those investments were in green energy ventures that gained from the stimulus and/or government regulation such as BioFuel Energy that benefitted when the EPA announced a regulation on ethanol.
Shortly after the 2009 Stimulus, Soros launched several new groups to help propagate the manmade climate change narrative that is the foundation for green energy investments.
Some of the little-publicized connections include Cathy Zoi, former CEO of Al Gore's Alliance for Climate Protection, and who, while at the Department of Energy, oversaw the disbursement of more than $30 billion in green-energy stimulus funds. In early 2011, she resigned to work for a Soros fund: Silver Lake Kraftwerk.
So, what return has Soros gotten on his stimulus-inspired stock buying spree? Soros' green tab exceeds $11 billion of stimulus money--funded by the taxpayer. And, this tally doesn't factor in any profit Soros has made off these investments-or will continue to make as a result of Obama's climate change agenda, which is being pushed by EPA regulation.
As save-the-planet policy comes out of the Obama administration, which raises costs for the low and middle class and hurts America's struggling economy, remember the Soros story. It illustrates that Obama is most concerned about creating wealth for his "green cronies"-of which Soros is just one. This new EPA low-sulfur gasoline proposal is just the latest in a series of green regulations. We don't know for whom it creates wealth, but we know it isn't the middle class.
The author of Energy Freedom, Marita Noon serves as the executive director for Energy Makes America Great Inc. and the companion educational organization, the Citizens' Alliance for Responsible Energy (CARE).