Billionaire environmentalist Tom Steyer is planning to launch his campaign for the 2020 Democratic presidential nomination, a report said Sunday.
“He’s definitely focused on the [fact that the] economy is not as good as people are making it out to be,†a source told the newspaper.
Two points. As to his claim about the "economy is not as good as people are making it out to be" ...
Higher median wages, lowest unemployment in a half century, stable and modest inflation, increasing home ownership, booming stock market, increasing 401k for Americans, more available jobs than there are unemployed, increasing manufacturing jobs (you know, the "magic wand" jobs), and on and on.
Second, Tom Steyer is the most dishonest and hypocritical billionaire on earth. He rails about global warming ... but you want to know how he made his billions??
But Steyer’s hypocrisy goes still deeper. Today, he is a bitter opponent of fossil fuels, especially coal. That fits with his current economic interests: banning coal-fired power plants will boost the value of his solar projects. But it was not always thus. In fact, Steyer owes his fortune in large part to the fact that he has been one of the world’s largest financers of coal projects. Tom Steyer was for coal before he was against it.
While a few bits of information on Farallon’s investments in carbon energy have seeped into the North American press via these disclosures, this information doesn’t begin to scratch the surface. The North American press’s lack of awareness of Mr Steyer’s activities in the coal sector is due to the fact that all of Farallon’s investments in coal have been made outside of North America, and wherever possible through opaque structures which mask their direct involvement.
In order to gain an appreciation of the extent of Farallon’s epic involvement in the coal sector under Mr. Steyer’s tenure one needs to spend time in Jakarta and Sydney, and in the regional financing centers in Hong Kong and Singapore, and speak to professionals (bankers, lawyers, mining consultants and principals) who were directly involved in these Farallon-sponsored coal transactions. With a modicum of effort one discovers that since 2003 Farallon has played the pivotal role in financing the tremendous restructuring and growth in thermal coal production in the region. All of this took place under Mr. Steyer’s tenure as founder and senior partner of Farallon.https://www.powerlineblog.com/archives/2014/04/the-epic-hypocrisy-of-tom-steyer.phpSo global-warming alarmist green Tom made millions upon millions in financing coal plants in Asia, and now wants to suppress petroleum use because of global warming.
Guy is a lying liar telling lies about his lies.
