Sen. Warner admits granchildren concerns caused his alarmism
April 24, 2009
When Tennessee Rep. Marsha Blackburn confronted Al Gore with his profiteering from global warming legislation at today’s House Energy and Commerce 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.
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