You may remember I blogged before about how Marsha Blackburn asked Al Gore about whether he was profiting from his global warming alarmism? That was a very interesting video clip. And Green Hell Blog has posted many interesting things about Gore’s answer to Blackburn in that video clip.
Excerpt: (H/T Gateway Pundit)
When Tennessee Rep. Marsha Blackburn confronted Al Gore with his profiteering from global warming legislation at today’s House Energy and Environment Subcommittee hearing on the Waxman-Markey climate bill, Al Gore said that every penny he ever made from his business activities went into non-profit efforts.
That is a flat-out lie, according to this March 6, 2008 Bloomberg report that indicates that Al Gore invested $35 million of his own money in various for-profit endeavors.
Former U.S. Vice President Al Gore left the White House seven years ago with less than $2 million in assets, including a Virginia home and the family farm in Tennessee. Now he’s making enough to put $35 million in hedge funds and other private partnerships.
Gore invested the money with Capricorn Investment Group LLC, a Palo Alto, California, firm that selects the private funds for clients and invests in makers of environmentally friendly products, according to a Feb. 1 securities filing. Capricorn was founded by billionaire Jeffrey Skoll, former president of EBay Inc. and an executive producer of Gore’s Oscar-winning documentary film on global warming.Kudos to Rep. Blackburn for asking one of the “10 Questions for Al Gore” and exposing Gore as the fundamentally dishonest operator that he is.
Pro Patria analyzed of Al Gore’s rising net worth here.
Excerpt: (H/T Gateway Pundit)
So what has Al Gore gained from his Big Green escapades?
According to public disclosure information, Gore was worth somewhere between $1 million and $2 million in 2000. Not quite eight years later, Gore is estimated to be worth somewhere in the neighborhood of $100 million. While I ordinarily would applaud such financial gains from such a short period of time, I can’t help but to question just how it happened. When you look out at what Al Gore has done, it’s evident that he figured out on a way to capitalize on the creation of Big Green while becoming the official doomsday prophet that has helped to build Big Green into the monetary powerhouse that it has become.
In any other industry this would be considered a severe conflict of interest. In essence, Al Gore has helped to create a fictitious catastrophe, then told everybody what the solutions have to be, and then put himself in a position to capitalize on the hype. It’s not only seriously dishonest, but many people and industries are going to suffer in the wake of this hype while Gore and Big Green bring in millions (and in some cases, billions) of dollars in green money.
Follow the money! Somehow I doubt that he is giving away the vast majority of it, like Dick Cheney did.