Bamboozled Billionaires

Many prominent persons have adopted a cause, using their prominence and money to support their chosen cause. For example, Bill Gates created a foundation that works to improve the lives of the world’s poorest persons. Sometimes prominent persons adopt false causes, wasting their time and money in pursuit of a dubious goal. The billionaire trio of Henry Paulson, Michael Bloomberg and Tom Steyer have been bamboozled by global warming profiteers. The 3 billionaires have commissioned a study to promote the global warming scare. It is very clear that the billionaires have embarked on a fool’s quest. Even if one believes in the dubious computer projections of global warming doom, it is clear that the billionaires’ approach does not make sense. They imply that CO2 reduction policies should be adopted in the U.S. and they give the impression that this will result in prevention of a global warming catastrophe. But the CO2 emissions mainly come from Asia and that is where...(Read Full Article)