Bill O'Reilly Blasts "Cap and Trade" as a "Con" to Enrich Al Gore and Goldman Sachs - Video 7/14/09

Here is video of Bill O'Reilly last night going after Al Gore and President Obama's "Cap and Trade" legislation. O'Reilly called the "Cap and Trade" Bill a "Con." The "con" comes in because if businesses exceed the limit on carbon emissions, they have to buy "carbon offsets" as a penalty. The cap and trade deals would be made on the Chicago Climate Exchange, which is in President Obama's hometown, and which Goldman Sachs has a 10% stake in. Goldman would "vacuum up" commissions on every trade made. Employees of Goldman Sachs gave $1 million to Obama's campaign for president.

Al Gore started a company called "Generation Investment Management," and would stand to profit bigtime from the "Cap and Trade" Bill. His net worth has increased by 5,000% since he began his nutty Global Warming Crusade. Good for Bill O'Reilly for telling the truth about one of the biggest cons in the history of the United States. Let's hope it does not pass the Senate.