Al Gore – It’s All About Money
Posted by Steve Markowitz on September 25, 2009
Al Gore has been the darling of the Green movement ever since his movie, An Inconvenient Truth, hit the screen. The sound bites and data that he presented put the theory of man-made global warming on the forefront of discussion in the United States. An Inconvenient Truth also made Al Gore a wealthy man with some estimating his net worth growing from $1 million in 2000 to in excess of $100 million today. Yes, climate change has been good to Al Gore!
While Mr. Gore and others on the Left present evidence of man-made global warming as absolute and conclusive, there are also bright people who disagree with their conclusions. Irrespective of this, one must question Mr. Gore’s commitment to stopping man-made climate change based on his lifestyle. Gore has been photographed traveling in limousines and a private jet, not exactly green friendly methods of transportation. He also owns a 20-room Tennessee mansion that in 2006 consumed 221,000 kilowatt-hours of electricity, about 20 times that of the average American home. When questioned on his lifestyle excesses that are inconsistent with his stated environmental concerns, Gore indicates that he is carbon neutral because of carbon credits or offsets he purchases. This is a joke!
However, here is where the joke looses its humor. Since 2000 Al Gore has become a partner of Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers. This firm is the lead investor in a company called Fisker Automotive, Inc. of Finland, an automobile startup involved with hybrid autos. This startup plans to build an electric sports car in Finland that will sell for about $90,000 and also announced that they will build a $40,000 family sedan. Conveniently, they have received a $529 million US government loan.
Now the story gets sinister. Employees of Kleiner Perkins Caufield have donated more than $2.2 million to the political campaigns of Democrats including Barack Obama and Hillary Clinton. Add to this Al Gore’s connection to the Democrat Party and you begin to understand why the US government has taken one half billion dollar of taxpayer funds and loaned it to a startup company that is yet to make one car. Smells fishy, doesn’t it?
This outrageous story indicates why bad things happen when the government spends taxpayers’ money. First, we have political payback for Mr. Gore and his friends at taxpayers’ expense. Then the government invests in a risky venture in which no private investment firm would do. To add insult to injury, after the government bails out Chrysler and buys a large chunk to General Motors, they then invest in startups to compete with their own investments.
Who thinks that the government will do better controlling the health-care system? You got to believe in magic and the Tooth Fairy.