Monday, August 25, 2008

Send in the clowns



Not only is this clown ripping us off as I noted here
She brags about it. First, the facts.

As reported on dontgomovement.com, Speaker Pelosi bought between $50,000 and $100,000 worth of stock in Pickens’ CLNE Corp. in May 2007 on the day of the initial public offering:

“She, and other investors, stand to gain a substantial return on their investment if gasoline prices stay high, and municipal, state and even the Federal governments start using natural gas as their primary fuel source. If gasoline prices fall? Alternative fuels and the cost to convert fleets over to them become less and less attractive.”

CLNE also happens to be the sponsor of Proposition 10, a ballot initiative in Pelosi’s home state of California to dole out a combined $10 billion in state and federal funds for renewable energy incentives -- namely, natural gas and wind.


And the amazing thing about this is that she knows nothing about fossil fuels!

BROKAW: Well, I think most people understand that, but at the same time, if we work our way off carbon-based fuels, in the meantime, this is not going to happen overnight.

PELOSI: No, it isn't, but you could -- again, you could reduce the price at the pump immediately with (inaudible). You can have a transition with natural gas. You can have a transition with natural gas. That is cheap, abundant and clean compared to fossil fuels.
***
PELOSI: I'm -- I'm investing in something I believe in. I believe in natural gas as a clean, cheap alternative to fossil fuels.
***
PELOSI: Well, that's not -- that is the marketplace. The fact is, the supply of natural gas is so big, and you do need a transition if you're going to go from fossil fuels, as you say, you can't do it overnight, but you must transition.

These investments in wind, in solar and biofuels and focus on natural gas, these are the real alternatives


Can we impeach someone for stupid and conflict of interest??

Link

Read it again dear chums. She is blocking drilling for oil, which would reduce the price of natural gas which she is invested in, and she is hucking natural gas and wind which she is invested in!

If she was selling stock they'd put her in jail! I have never seen such a clear conflict of interest!

Great gobs of drizzling goose shit! Is there a Repub in the universe with a set of cajones on him big enough to demand her resignation?




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