Tag Archives: World Economic Forum

Bain, climate change and Romney's Achilles heel

Yet another debate looms. Will the moderator dare ask questions related to climate change legislation, CO2 emissions, the potential for millions of dollars in profit to Romney’s former employer Bain & Company should a global carbon trading system be thrust upon the United States?

Doubtful.

For months I have begged, pleaded, Facebook’d and Tweeted to debate moderators from nearly every debate thus far to PLEASE ask the question, “Do you or your investments stand to make significant financial gains through climate change legislation?” Not one moderator has bitten. Heck, not one REPORTER on the campaign trail has bothered to ask anything remotely resembling a question about Romney’s climate change beliefs and how it relates to his work at Bain.

The truth is, voters need to know the answer… before the GOP nomination process is complete. As noted just last summer, Romney has never backed off his assertion that human beings are creating global warming and that world leaders need to do something about it.

This conversation is particularly important this week as the World Economic Forum converges in Davos, Switzerland. Bain & Company is “proud to be a strategic partner and active member of the World Economic Forum, an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.” (www.bain.com)

Bain & Company is quite clear on their opinions of climate change and carbon emissions. In one post entitled “The green edge: Why carbon competitiveness matters,” Bain writers attempt to convince potential clients to “gain a lead over industry rivals by reducing your company’s exposure to carbon.”

Bain offers strategies to overcome the inevitable carbon regulations imposed by governments worldwide.

“As governments around the globe regulate the emission of greenhouse gases with increasing severity in the next two decades, carbon dioxide (CO2) emissions will become a financial liability, not just at the industry level but also at the company level. Carbon regulation will change the competitive landscape of many industries but will also fundamentally change the competitive standing of individual companies within the industry.”

The cozy relationship between the WEF and Bain & Company should be explored. Romney should be questioned, especially considering what is easily found with a few clicks on the WEF website.

“The World Economic Forum engages business, government and experts in partnerships to create the low-carbon economy. The World Economic Forum provides a neutral platform to develop universal carbon emissions reporting.”

Ed Morrissey of HotAir.com outlines in detail Romney’s love affair with CO2 emission standards, Obama’s “Climate Change Guru” Holdren and hiring climate change activists.

Voters deserve to know what Romney’s opinions and plans are when it comes to submitting the United States to international climate activists’ demands on carbon. Will he stand up for the sovereignty of America and against global regulations? Could this be the arrow that finally plants firmly in the heel of the otherwise infallible Romney?

Trump isn't the only thing stinking at the ION/Newsmax debate

On December 27th, some of the remaining GOP Presidential candidates will be debating on the ION network co-sponsored by Newsmax.

Much of the recent bluster has been about the moderator – Donald Trump, but he’s not the only poor choice Newsmax and ION have made. Former CNN News Division Chief Eason Jordan will be one of the producers of the event.

Mr. Jordan was pressured to resign from CNN in 2005 after making statements that our troops in Iraq were deliberately targeting and killing journalists. At the World Economic Forum, Mr. Jordan said “he knew of about 12 journalists who had not only been killed by American troops, but had been targeted as a matter of policy,” said Rep. Barney Frank (D-Mass) who was on the “Will Democracy Survive the Media?” panel with Mr. Jordan.

CNN then furiously spun the comments as having been misconstrued and “taken out of context” by a few bloggers. In the end, Mr. Jordan’s tenure at CNN came to an end.

That’s only the most recent of Eason’s mis-steps. His time in CNN’s Baghdad bureau was tarnished by his cover-up of Saddam’s violent and murderous acts against Iraqis and his own bureau’s staff – all so that he wouldn’t lose his position at the bureau.

Eason is no great model of integrity. Add on Trump and you have a debate more fit to be a circus side-show than a Presidential event.

I don’t blame Jon Huntsman and Ron Paul one bit for passing on this debate. I won’t be watching either – and I haven’t missed one yet.