UPDATE 8/13/08 9:28 AM While the media continues to ignore this issue, the blogosphere is starting to pick up on it and get the word out! What we are witnessing my friends is the new media burying the old media!! KEEP COMING HERE to read more!UPDATE 8/12/08 2:16 PPM
The initial offering may have been only 22,000 or so shares, but according to a Yahoo news item: Item 8.01. Other Events. On June 19, 2007, the Company issued a press release announcing that the underwriters of the Company’s initial public offering have elected to exercise in full their option to purchase an additional 1,500,000 shares of the Company’s common stock to cover over-allotments. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference. This means that Pelosi could have purchased around 20,000 shares at $3.86, or $50,000 to $100,000 worth, which are now worth 300% more than their original value.Nancy Pelosi says that she is trying to save the planet and prevent global warming, but the reality is that, according to disclosure statements, in May 2007 she invested in T. Boone Picken’s clean energy fuels corp., CLNE, which is the sole sponsor of a proposal in California to funnel $5 billion in state funds and $5 billion in Federal funs to this corporation which will indirectly help them create a giant wind farm in the Texas panhandle.An overlooked story in November of 2007 shows that the T. Boone Pickens plan involves the private control of water, which Pickens wants to be able to sell to big cities via giant water pipelines which will be built on land seized under eminent domain. How did he do this? He did this by pushing through a “water district” which consists of only 8 acres of land and then applying eminent domain to expand that district and seize land from local ranchers which, in the end, puts vital water resources under his private control.The Sierra Club, which you might think has an opinion that means something to Nancy Pelosi who just wants to “save the world”, had this to say, “We have real concerns about private control of water,” said Ken Kramer, director of the Texas Sierra Club. “Water is a resource, yet in some respects it is a commodity. It’s as essential to human life as air. That puts water in a different class.”Pickens plans to sell 200,000 acre-feet from parched West Texas Staked Plains annually. His plan is opposed by water policy planners as economically infeasible. This extensive extraction will affect natural spring flows and the rural Texas Panhandle communities that depend on that water. It will also adversely affect family farming and sustainable development from Texas to
South Dakota, according to opponents.Pickens needs money and he has not been able to find investors to pay for a $110 Billion Bond he wants his new “water authority” to issue, therefore he is piggy-backing the windmill plan on to the water infrastructure development plan to use the money obtained for the wind farms in order to pay for the water infrastructure, which was his original goal.While these plans were in the works as of November 2007, with the creation of this “water district”, the energy company, CLNE, was offered for public investment in an IPO in May of 2007, an IPO that was not advertised, but which resulted in Nancy Pelosi quickly jumping on board. Nancy Pelosi Purchased between $50,000-$100,000 in CLNE stock on May 25, 2007 apparently on it’s initial public offering.It is hard to tell if the water scheme is the device being used to seize the land or if the wind turbine scheme is the means by which he will fund the water scheme, but no matter what the case may be, Nancy Pelosi will personally profit from whatever he does as an investor.Nancy Pelosi is one of the richest members of Congress with a net worth of over US$25 million, which comes primarily from investments a large portfolio of jointly owned San Francisco Bay Area real estate, and, now, of course, stocks in CLNE.While the stock was initially offered at $14 and is now valued below that amount, the low of $10 in early July of this year is bouncing back, especially in light of ads by Pickens and growing consensus that the Pickens plan will gain support, especially if Pelosi is firmly behind it. Pelosi may have paid $3.86 per share for a stock that sold at $14 in the initial offering!Jason Gillman of “Michigan Taxes Too Much” sent me info. on an SEC filing in which Pelosi may have paid as little as $3.86 per share in a pre-release offering. This could be HUGE!!!! Pelosi is, effectively, getting in on the “secret” before the public, which means she MUST know someone who knows someone, and which begins to make the Pickens Plan part of a “comity of action” in which Pelosi offer political cover and support in exchange for getting in on the ground floor and making, potentially, BILLIONS off of the deal. The Robber Barons would truly be proud!The talking point from the Democrats appears to be that we need to release oil from the strategic petroleum reserve (SPR) and that we demand that the oil companies drill in the 68 million acres of leases they already possess which, according to the Democrats, are not being utilized. On Larry King Live this week, Pelosi said, “They have this thing that says drill offshore in the protected areas,” Pelosi said. “We can do that. We can have a vote on that…But it has to be part of something that says we want to bring immediate relief to the public and is not just a hoax on them.” Her plan, as she described it, relies on tapping into the SPR while the emphasis of her plan, which she dismisses opening up known oil fields to drilling as a “hoax”, is on so called “alternative energy”, including wind and solar and biodiesel.The crux of the argument is that releasing oil from the petroleum reserve, removing tax breaks for oil companies to discover new oil, utilizing biofuels and ethanol, and developing alternative energy is a superior plan and that releasing more lands for oil drilling, increasing the use of nuclear power, and adding an all of the above approach (using many different energy development plans all at once) is “just a hoax.”The Republicans, with very few Democrats, are simply seeking to increase America’s domestic energy production with increased oil and coal production as a short term solution and alternative energy and nuclear energy as a long term solution. The Democrats, with possibly a few Republicans, are more focused on “saving the planet” out of their belief in the global warming hoax, and limit their energy plan to alternative energy solution such as the Pickens Plan Nancy Pelosi has invested in, releasing oil from the SPR, and continuing to develop biodiesel and ethanol while, as a possible “compromise” allowing SOME offshore drilling.Some analysts may see that the rhetoric of the Democrats, which is increasingly showing a willingness to bend on the drilling issue, is designed to later claim that the drilling is not the real reason from reduced fuel prices but that the thing they promoted are the real cause for lowering fuel prices. They recognize, analysts may say, that they have lost the argument so they are trying to do damage control: give in on drilling but paint it as a necessary compromise to get what they want then, when drilling reduces the price of fuel, claim that it is not drilling that is causing fuel prices to decrease but their plan.Pelosi’s cross country tour signing her under-selling book, “Know Your Power”, and her investment in T Bonne Pickens’ energy company, CLNE, betray her moralization of her refusal to allow a vote on the drilling issue under the guise that she is trying to “save the planet.” She is creating a massive “carbon footprint” in her travels while she invests in a company that is literally raping the parched lands of West Texas for water, which will definitely NOT be saving that region let alone the planet from and environmental crisis.There are problems with the Democrat’s LIMITED energy plan. First, they claim that we do not need to drill for more oil because we already have 68 million acres of oil development leases that are not used. Second, they claim that releasing oil from the SPR will bring the price down immediately. Third, they cling to ethanol and biodiesel/biofuels as a short term solution to deceasing the need for oil. We are going to explore all three of these issues in detail, refuting the myths with facts that can arm you with knowledge.The short answer to these claims is that they are short sighted and misguided. The 68 million acres of leases covers oil reserves that are much more difficult to get to than other locations, such as ANWAR or offshore, oil reserves that are ready to be explored but that are being blocked by lawsuits from the environmentalist groups, and land that covers possible but not known oil reserves.Releasing oil from the SPR is, at best, a very short term and short lived solution to prices and once this oil is gone, it’s gone, and this does not even begin to deal with the real problem, which is that we have deficit of domestic energy production. Using food for energy is proving to be a disaster, it is much more costly than drilling for oil or using coal and natural gas, or even nuclear power, and it is also having a very negative effect on the price of food causing corn, wheat, and rice, among other food staples, to increase in price by over 300% since the ethanol/biodiesel push started in earnest.When energy policies are based on a myth, global warming as a product of human activities, the human cost is tremendous and the Democrat’s energy plan would cause a massive transfer of wealth from the hands of average people into the hands of governments and a few energy companies, such as CLNE, that is unheard of in all of human history. Human civilization would take a giant leap backwards as cheap energy, which is the lifeblood of our whole civilization, would become a thing of the past as well as cheap food causing people at the margins to lose the fight to sustain themselves, leading to a populist clamor for socialistic solutions that would stamp out human freedom.A recent ABC news survey shows that only 25% of Americans are still foolish enough to believe that “global warming” is the biggest environmental challenge facing the world and only 47% consider global warming an issue that is important to them personally but the trend is downward as Americans are becoming better informed and as they are beginning to see the negative effects on the price of fuel and food which are a direct result of policies born out of the global warming myth.UPDATE: Boone Pickens runs CLNE, this is the company Nancy has invested in, and apparently, the push is Natural Gas, which is the focus of the $5 billion in Ca. tax money and $5 billion in fed money they are seeking. The Pickens Plan is based in the idea of using wind to free up natural gas used for energy which he can convert to fuel for transportation.Pickens also owns Mesa Water, the company that is seizing water in Texas, and Mesa Power, a company that is investing in his wind power.We are going to be looking into all these companies. Apparently, Warren Buffet is also an investor in wind power, but we are not sure if he is directly involved. This may involve more than Pickens and Pelosi….One of CLNE’s underwriters is WR Hambrecht and Co., owned by William Hambrecht, a leftwing activist who has given, on average, around $80,000 per year to liberal candidates and causes. It is probable that such a heavyweight in the leftist movement is also well known to Nancy Pelosi and to Harry Reid, who will be partnering with the Center for American Progress Action Fund and UNLV to host the National Clean Energy Summit on Aug. 19 with such notables as President Clinton, New York Mayor Michael Bloomberg, Gov. Janet Napolitano of Arizona, Gov. Bill Ritter of Colorado, and Texas entrepreneur T. Boone Pickens. The event is being billed as non-partisan but, clearly, it is anything but that: it is a massive effort to fool the public into supporting the Pickens plan which will enrich, so far as we know so far, Nancy Pelosi and William Hambrecht, two leading lights in the leftist movement.The Pickens plan would concentrate control over our energy in the hands of this company and its underwriters and investors, who we now know are leading lights of the leftist movement. The tie in with the massive water-grab that this company is engaged in shows the true motive, not only of these players in their bid to stop a vote on drilling for, but in their bid to use “global warming” to fool Americans into giving up their energy sovereignty to governments and corporations.Pickens. it is now clear, is happy to use whatever cause or group he can to turn a quick buck. As Jason Gillman of RightMichigan said to me on the phone, “most people don’t realize how a small investment can be turned into a huge windfall.”You see, the investors in this ponzi scheme are banking on keeping the price of energy high, keeping the supply of domestic oil low on the basis of “environmental concerns”, and getting the government to invest BILLIONS in their plans, which will concentrate energy resources into fewer hands while making them all filthy rich.This may indeed be a bigger scandal than Watergate as we find more and more leading lights in the leftist movement involved in what is now an apparent comity of action centered on the global warming myth and the Pickens plan. The media is ignoring this and ONLY YOU can help us t overcome the media Black Out.Go to our page on supporters of the call for a vote and email a LINK of this article, ask tyour rep. to comment on this. Go to news sites and submit news tips, linking to these articles. Tell them they are MISSING a hige story. Call your local radio talk shows, tell people to go to dontgomovement.com.We are out in front and that means that we are going to be facing opposition: only with your support can we push through the media blackout and the lies to get the TRUTH out to the American People! We can turn this around and impact the election in 2008!!Bill Collier The American Communicator SEND TIPS on this issue to: upadaria@yahoo.com
Comment on this and other issue: FORUMS SIGN THE PETITION!!!SEND NEWS TIPS:Send links to this article with a brief note from you asking why these entities are not covering this…News Max http://www.newsmax.com/contact/newstips/Drudge http://www.drudgereport.comWorldNetDaily http://www.wnd.com/news/article.asp?article_id=
IF you do send a tip, email me at Upadaria@yahoo.com so I can track hown many tips these folks receive. The more the merrier!PS DO NOT send a tip to Michelle Malkin, she is already covering this.
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1. October 2008 at 08:00
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12. October 2008 at 23:02
cars that run on water…
great post and nice site
Glad I found it….