House Of Representatives
Dismantling America
by Thomas Sowell
"Prime Minister Pham Van Dong called on me and, in the presence of Premier Chou
En-lai, swore in the name of the Democratic Republic of Vietnam that the latter
would always respect the land frontiers as well as all islands belonging to the
"Kingdom of Cambodia" March 1970 by Sihanouk . Wilfred Burchett book "The China
Cambodia Vietnam triangle " P-176-177
UN Passes Strong Resolution on Cambodia Human Rights Abuses
Feb. 27, 1982 : UN Commission on Human Rights meeting in Geneva adopted a
resolution condemning Vietnam’s occupation of Cambodia as a violation of
Cambodian human rights. The vote was 28 in favor, 8 against, and 5 abstentions.
2009/12/14/fraud-europes-cap-trade-red-flag-critics-say
Updated December 19, 2009
Fraud in Europe's Cap and Trade System a 'Red Flag,' Critics Say
By Joshua Rhett Miller
- FOXNews.com
The top cops in Europe say carbon-trading is an organized crime scheme that has
robbed the continent of $7.4 billion -- a massive fraud that lawmakers and
energy experts say should send a "red flag" to the U.S., which approved
cap-and-trade legislation over the summer amid stiff opposition.
FROM AMERICA WITH LOVE.
VIETNAM INVASION & OCCUPATION OF CAMBODIA continues 1979-2009.
US PRESIDENT RONALD REAGAN INSISTS ON CAMBODIA INDEPENDENCE. 1988.
On April 28, 1984, Deng Xiaoping, Chairman of the Advisory Committee of the
Central Committee of the Communist Party of China, meets U.S. President Ronald
Reagan in the Great Hall of the People in Beijing. (Photo: fmprc.gov.cn)
Photo Gallery>>>
President Reagan's address to the 43d Session of the United Nations General
Assembly in New York, New York . September 26, 1988.
"Mr. Secretary-General, there are new hopes for Cambodia, a nation whose
freedom and independence we seek just as avidly as we sought the freedom and
independence of Afghanistan. We urge the rapid removal of all Vietnamese troops
...."
As of today,Cambodia is still occupied by the Vietnamese troops despite the
call from the US president to Vietnam to cease her occupation of Cambodia since
1988.
Cambodia needs Independence from Vietnam and the Vietnamese invaders.
Vietnam must cease her occupation of Cambodia at once.
BURY
The top cops in Europe say carbon-trading has fallen prey to an organized crime
scheme that has robbed the continent of $7.4 billion -- a massive fraud that
lawmakers and energy experts say should send a "red flag" to the U.S., where
the House approved cap-and-trade legislation over the summer amid stiff
opposition.
In a statement released last week, the Europol police agency said Europe's
cap-and-trade system has been the victim of organized crime during the past 18
months, resulting in losses of roughly $7.4 billion. The agency, headquartered
in the Netherlands, estimated that in some countries up to 90 percent of the
entire market volume was caused by fraudulent activities.
"These criminal activities endanger the credibility of the European Union
Emission Trading System and lead to the loss of significant tax revenue for
governments," Rob Wainwright, Europol's director, said in a statement.
Launched in 2005, the Emission Trading System seeks to reduce greenhouse gas
emissions -- which many scientists believe contribute to global warming -- by
allocating carbon pollution allowances to member states to fulfill its
obligations under the U.N.'s Kyoto Protocol. Companies that emit less than
their allowance can sell the difference on the trading market to firms that
exceed their established limits.
But, according to a diagram of the scheme provided by Europol officials, the
accused traders would open an account in a national carbon registry and then
purchased emission allowances without value added taxes from other companies in
other countries. Those allowances were then transferred to the country where
they were registered before the accused trader moves them to an unregulated
broker, selling the allowances on a trading exchange, often through various
buffer companies. Finally, the accused trader charges the value added tax on
the transaction but does not submit that money to authorities.
France has reportedly launched a criminal probe into four men who allegedly
took part in the scheme, two of whom have been jailed.
It's a lesson to be learned, critics of cap-and-trade say. Creating such a
system in the United States would invite "corruption, illegality and criminal
activity," much as it has in Europe, said Max Schulz, senior fellow at the
Manhattan Institute.
"This is the problem with politicians trying to create a market for something
that the free market otherwise doesn't value," Schulz said. "An emissions
trading market is an artificially, politically-created market....
"If we pass a system like Europe has, we're going to get all the problems
Europe has experienced," he said. "You're asking for a lot of problems."
U.S. Rep. Joe Barton, R-Texas, ranking member of the House Energy and Commerce
Committee, said it's no surprise cap-and-trade systems are vulnerable to
corruption.
Barton said he recently asked the U.S. District Court for the Central District
of California to unseal the court file of Anne Sholtz, a former environmental
executive who co-created the Regional Clean Air Incentives Market (RECLAIM) in
1999. Sholtz's company, Automated Credit Exchange, provided a market for
companies to buy and sell pollution credits under RECLAIM. In 2005, Sholtz
pleaded guilty to wire fraud for using counterfeit credits to pocket more than
$12 million. Sholtz was later sentenced to one year of house arrest. (Barton
wrote about Sholtz earlier this year for TheHill.com.)
"We already know from an example in California that cap-and-trade systems are
vulnerable to fraud, so the discovery of potential fraud in Europe shouldn't
surprise anyone in America," Barton said in a statement. "What happened in
California is that not much thought was given to the possibility that people
with questionable intentions could manipulate the system. The case has drawn
fresh attention because it looks like the Environmental Protection Agency and
the Department of Justice still may not understand how to stop a vastly more
destructive, Bernie Madoff-like scheme from taking advantage if the nationwide
cap-and-trade system is approved by Congress."
Diana Furchtgott-Roth, the former chief economist for the U.S. Department of
Labor and now a senior fellow at the Hudson Institute, said she was concerned
with political favoritism as much as outright fraud if a cap-and-trade system
is implemented.
"Depending on how many emission allowances you have to purchase and how many
emission allowances you are given, you can be a winner or a loser," she said.
"It'll be an opportunity for corruption, not by tax avoidance but by political
corruption, both on the state level and the national level."
Furchtogott-Roth said the fraud allegations are a "real example" of why any
carbon-trading system in the U.S. should not include a value added tax (VAT).
But such a scheme won't happen stateside, namely because a value added tax
won't be part of any carbon-trading system in the United States, said William
Whitesell, director of policy research at the Center for Clean Air Policy, a
Washington-based nonprofit think tank.
"We don't have a value added tax in this country, but there will be attempts
[to defraud a carbon-trading system], so we have to have a robust regulatory
framework around a carbon market," Whitesell told FoxNews.com. "But we don't
want to throw out the baby with the bath water."
Whitesell cited the massive fraud of disgraced trader Bernie Madoff as evidence
that potential fraud doesn't negate the potential benefits of a cap-and-trade
system, which would "reduce the cost of controlling carbon," he said.
"You don't close the stock market because of fraud," he said. "You increase
regulations."
Subject: PART 12 -18 : THE ARCHITECTS OF DISMANTLING AMERICA: AL GORE AND HIS
GLOBAL WARMING
Date: Fri, 18 Dec 2009 17:27:13 -0800
THE GLOBAL WARMING AT THE WHITE HOUSE THANKS TO AL GORE AND HIS NOBEL PEACE
PRIZE OBTAINED FROM WHITE LIES .
THE WHITE HOUSE AND THE WHITE LIES FABRICATED BY A TEAM OF H1N1 , NOBEL HOUSE ,
GREEN PEACE .
GLOBAL WARMING 'AGREEMENT'
OBAMA RACES HOME FOR BLIZZARD ELECTED AS THE ARCHITECTS OF DISMANTLING AMERICA
(1)
Blizzard Dumps Snow on Copenhagen as Leaders Battle Warming...
$100B GLOBAL WARMING GIVE AWAY....WHILE THE COOPER CHURCH AMENDEMENT OF 1970
HAD SHUT DOWN THE FUND FOR ALL US MILITARY OPERATIONS IN VIETNAM
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