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Author Topic: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay  (Read 4106 times)

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Offline SSG Snuggle Bunny

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I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« on: December 04, 2009, 08:58:13 AM »
I read an editorial yesterday in the UK Telegraph that implied Ken Lay, the disgraced and duly convicted CEO of Enron, was responsible for creating the Ponzi scheme known as carbon credits.

I searched as best was possible with my time and resources buut was unable to find any definitive statements about short of several blogs also making this claim but without sources cited.

The only originating source I could find came from Alex Jones, who as we all know, should do humanity a favor and pick his nose with a jackhammer.

IF the people at snopes.com respond with any answer--be it confirmation or refutation--I shall pass it along forthwith. If anyone besides me saw yesterday's article please use due caution before repeating what may be an unsubstantiated rumor (it may be substantiated, I may simply lack the requisite google-fu).
« Last Edit: December 04, 2009, 09:05:32 AM by Mr Snuggle Bunny »
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Offline IassaFTots

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #1 on: December 04, 2009, 09:04:58 AM »
Oh.  I hadn't heard it, but I eagerly anticipate the reply from Snopes.
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Offline JohnnyReb

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #2 on: December 04, 2009, 09:07:42 AM »
So what if he was responsible for creating the Ponzi scheme known as carbon credits. ...Who the hell has run with it?

A. A former US VP.
B. A former US Senator.
C. Al Gore.
D. all of the above.
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Offline SSG Snuggle Bunny

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #3 on: December 04, 2009, 09:15:49 AM »
Quote from: JohnnyReb on December 04, 2009, 09:07:42 AM
So what if he was responsible for creating the Ponzi scheme known as carbon credits. ...Who the hell has run with it?

A. A former US VP.
B. A former US Senator.
C. Al Gore.
D. all of the above.

E. The current POTUS
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Offline BadCat

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #4 on: December 04, 2009, 09:18:41 AM »
Rush mentioned this on his show, on Wednesday, I think.
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Offline JohnnyReb

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #5 on: December 04, 2009, 09:21:39 AM »
Quote from: Mr Snuggle Bunny on December 04, 2009, 09:15:49 AM
E. The current POTUS

You need to be more careful reading your "cheat sheet". That's the answer to the next question..... :-)
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"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline bkg

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #6 on: December 04, 2009, 09:48:40 AM »
I woudn't rely on snopes as a completely unbiased/accurate source.
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Offline SSG Snuggle Bunny

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #7 on: December 04, 2009, 09:54:26 AM »
Quote from: bkg on December 04, 2009, 09:48:40 AM
I woudn't rely on snopes as a completely unbiased/accurate source.
Can't be any worse than factcheck.org which is an Annenburg trustee.

Annenburg set-up a foundation to fund alternative schools in the Chicago area. 2 of its senior board members were Barack Obama and Bill Ayers and together they pissed away $150 million on a fraction of Chicago school-aged children on every sort of scholastic quackery with--by their own documents--no discernable result.
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Offline Baruch Menachem

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #8 on: December 04, 2009, 10:18:00 AM »
The whole Enron deal is 10 years ago.  But I think I remember something like what you are talking about, the idea of trading carbon credits.

Don't forget that the whole idea of Cap and Trade came from James Watt.  How they hated him for it.   They suddenly realized, hey, this could work, and ran with it, only they cut the cap way down.   And Carbon credits seems to be a scam from the get go, as we don't know enough to know if any of it works.

I don't know if the Watt proposal was called "Cap and Trade" though.  It was one of the really cool ideas of 1981 that got no where.

But I do think Enron would have been very interested in cap and trade.  Anything to do with trading energy would have been right up their dark ally.   And I am pretty sure they were talking about this when the whole thing went south.

What really bothers me about the whole Enron deal was Paul Krugman's jihad against Bush as an Enron stooge, when I don't believe there was even any evidence that Bush and Lay even met, while Krugman was a flack for Enron for years, and gave himself a pass.
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Offline Hawkgirl

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Re: I have placed an inquiry with snopes.com, re: carbon credits and Ken Lay
« Reply #9 on: December 04, 2009, 10:34:15 AM »
Whomever started this whole carbon credits fraud is a disgrace...but that doesn't release those who profitted from it...including and mostly, Al Gore...who won an oscar for his Inconvenient Truth fable.  Today Fox said 2 academy members want his Oscar back... :lmao:


Hmmm....will the Nobel Peace Prize people want Obama's back after he announced his deployement of 30K more troops to Afghan?? :popcorn:
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