Al Gore: Closet Capitalist

I actually COULD have added this breaking news to The Great Global Warming SWINDLE! thread.

Because it perfectly bears out what I claimed in the Original post.

News comes to us that Al Gore, having won every possible and some improbable plaudits and awards for promoting his spurious science, is going to do more than JUST TALK about it.. he's going to DO SOMETHING!

Now, bear with me on this, I think this is great news!

But you notice that Gore is NOT founding or funding a technology 'Think Tank' here... where all the leading lights of the alternative energy sciences fields are recruited by some non-profit organization of greener-wonks.

He is joining a Venture Capital firm!

All right now, class; who can tell me how a 'Venture Capital' company works?

YES, INDEEDY! Venture Capital is in fact the lifeblood of a healthy capitalist/market based economy. Where speculators with big bucks roll the dice on development of new products and services that may or may not prove attractive to the marketplace!

In THIS case and at this point in time, the goal is to ATTRACT capital into a firm so that it can invest in alternative technology development firms. THEN once those millions and billions are raised, the company will invest them into hi-tech ventures.

With me so far? Did you notice I earlier pointed out 'roll the dice on..'?

There's always a good chance that much of the funding will disappear in technologies that hit a dead end and both the funded firms and the money goes 'poof'.

But.. Venture Capitalists are NOT in business to lose money, they are in business to MAKE money.. LOTS OF MONEY. And they most often do.

Of course ANYTHING that makes the venture concepts you are promoting, in this case: Non-fossil/non-CO2 emitting energies, will increase the likelihood of being successful.

You know... like making a movie about how we're going to ruin the planet if we dont cut back our use of CURRENT ENERGY TECHNOLOGY. And get the world to buy into that.

"The sky is falling, the sky is falling!"

"Psssttt.. I just happen to have these super-strong umbrellas here..."

Like I said: Follow the Money.
Gore is no stranger to funding new start-up tech. Remember 'I invented the Internet!"?
Well, he DID .. sorta. HE pushed funding through for the National SuperComputer Consortium, which needed a communications infrastructure much more robust than the old DARPA network which was pretty lame.

But he got nothing much out of that.. other than some techie cred.
This time, it will be different.. MUCH different.
Yep.. the AlGoreacle's maybe not a genius but he CERTAINLY is Marketing Savvy.
His plan was BRILLIANT! Even I can't be against the end game result!

But can you IMAGINE if some Conservative Republican, like ..oh, say.. DICK CHENEY did the same thing?

Meanwhile, his good friends, like Rep Dingell {guess which party} are planning to push through a Fifty Cent tax on ALL CARBON FUELS.. AND reduce tax deductions based on size of your homes!

And, dontcha know, alternative energy technology stands a MUCH greater chance of success if it is market-viable. So anything you can do to make it so.. like say raise Gas taxes, while throwing a sop, only the 'RICH have houses over 3000 sq feet, after all..
And the poor can always find a bus stop after we federally subsidize cattle-car ..errrr.. mass transit with the tax surcharges ON THE RICH!

Only the PARTIAL rich, of course... the ones who dont bother to find good tax attorneys to get out of them. Like the guy too busy making a living by actually RUNNING his company.

See what I mean?

 

Oh...

I forgot to add this:


:banana:

 

Are you pretending to be dense or did you take pills for it today? Or maybe you were just too busy to read anything but the subject line.
{added}
Ahh... forget about it. It's just that you have the most amazing ability for seizing on the most irrelevant aspect of the irony on anything like this.

So, okay class... who can tell me the difference between a small-c capitalist and big-C Capitalist?

And, for extra credit, who can explain how George Soros makes his money?

heh....
:twisted: