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Wednesday, December 29, 2010

CRASH: CONTENT WARNING: Blood and Gore!

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Gorbot’s big green money machine.  Click to enlarge.
 

While it is doubtful that anyone became wealthy from Gore’s Fairy Tales, there is no question some very rich people became substantially richer.

Blood and Gore and Doerr
In 2004 Gore formed Generation Investment Management LLC (GIM) with his old buddy David Blood to invest in “sustainable energy” and other green ventures.  Blood was a CEO at Goldman Sachs for 18 years and brought in Mark Ferguson and Peter Harris – also high level GS execs.  A year later, Gore brought in his old pal L. John Doerr, and things really got cookin’.  Doerr is a partner with Kleiner, Perkins, Caufield & Byers (KPCB), a venture capitol firm in Silicon Valley.  Actually, THE venture capitol firm.  Some of KPCB's funded ventures are: Brio Technology, Compaq, Electronic Arts, Flextronics, Genentech, Lotus Development, LSI Logic, Macromedia, Quantum, Segway, Sun Microsystems, and Tandem.  Doerr’s most notable KPCB clients – Amazon.com, America Online, Google, Intuit and Netscape.  GIM is now worth somewhere north of 3 Bill, and KPCB is into 11 figures.

Follow the Gore/Doerr connections in the middle of the map.  Gore became a co-partner at KPCB - and Doerr at Gore's GIM - and both are directors at Google - and corporate advisors at Silver Spring Networks – which they are funding through KPCB and GIM.  Silver Spring develops high tech utility power grid applications, power meter systems, etc.


Noteworthy side note:  On April 24, 2009, during a congressional hearing, Gore was asked if he was a member of KPCB, and then was asked: "The legislation that we are discussing here today, is that something that you are going to personally benefit from?”  Gore (mis)stated that every penny made from his investments were put in a non-profit to spread awareness of climate change. The exchange ended with Gore saying: “Do you think there is something wrong with being active in business in this country? . . . I am proud of it. Iam proud of it.”  When the smoke cleared some very substantial federal greeenie grants  went to clients of Silver Spring, Ausra (Manufacturers of solar/steam generators – another Gore/Doerr project) and untold other Goer/Doerr interests.  Stimulus, don'tcha know.


The "non-profit" he was referring to would be “Alliance for Climate Protection,” that oversees other non-profit campaigns, including Repower America, the Climate Project, Repower at Home, the WE Campaign, the Reality Coalition, and works with its affiliated organization, the “Climate Protection Action Fund.”  Overall they represent more than 8 million members worldwide.  Using these tax exempt organizations to “spread awareness of climate change” in reality means “instilling worldwide fear and panic” about an imagined global catastrophe, and the urgency of immediate action – resulting in HUGE profits for KPCB, GIM, Silver Spring, Ausra  and numerous other Gore/Doerr interests. 

Doerr, you may notice, also serves on the “President's Economic Recovery Advisory Board” which is advising Dear Leader how to push his green-collar jobs agenda – rather than real recovery and jobs.  Also on the POTUS board is Laura Tyson – who just happens to also be the director of Silver Spring!  What “luck”.  OK, the deck is stacked - Deal! 


The old axiom in business was, "Find a need and fill it."  The new business model is "Create a crisis, then sell your solution."  “I'm really scared. I don’t think we’re gonna make it," dire and dismal Doehr begins.  Listen to the first and last few minutes if you don't have the time.  A real tear jerker, or perhaps tearful jerk.  Using his daughter to sell his pseudo-crisis panic is just pathetic.  "There is a time when panic is the appropriate response."  He is so good at his schtick I think he fools  himself.  This has nothing to do with science or reality. It$ the money, $tupid!


2 comments:

  1. Only the tiny tip of a growing iceberg, dude. I had to edit out way more than I used. We should keep digging here. I knew Fat Albert was a Ponzi pusher, but this thing is much deeper than I thought. Bigger than Madoff I'd bet. That Congressional testimony sure sounds like perjury to me.

    GIM was formed as a Delaware Corp, for the usual tax and liability protection - then they moved it to a London. They only report the transactions stateside to SEC, which is likely a fraction of it's real portfolio.

    Doerr et al used their clout and cash to kill Prop 23 in CA last month, which would have delayed implementation of the "Global Warming Act of 2006" until unemployment dropped to 5.5% (Now at 12.5%)

    On and on and on...

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