Showing posts with label our tax money being given to speculators. Show all posts
Showing posts with label our tax money being given to speculators. Show all posts

Tuesday, October 9, 2012

OBAMA HEARS ONE HALF OF A PLAN AND SPEAKS LIKE HE KNOWS IT ALL!


Submitted by: Sandra

The Renewable Insanity of Monsanto, Bill Gates, the Rockefellers and Craig Venter
y Cassandra Anderson

October 3, 2012
Monsanto, Bill Gates, the Rockefellers, Craig Venter and other investors are working behind-the-scenes to bring genetically engineered (GE) algae to market with products that include fuel, animal feed made with manure, human food and vaccines.
The US government have a stake in this enterprise, too.  Obama put a moratorium on drilling for oil on federal land and voted down the Keystone pipeline, in addition to subsidizing the nuclear industry instead of increasing oil reserves.
Obama has advocated replacing 17% of US oil imports with oil made from algae.
Algae could be the next bottomless pit that the government flushes money down, to the detriment of the taxpayer, similar to the many solar energy scandals.
There are two major areas of algae research that the government and private entities are funding; open pond algae farms use massive amounts of freshwater, but this is the cheapest option.  The second option is mutated, genetically engineered (GE) or synthetic algae that may be able to use saltwater and polluted water, but there are risks of out-of-control consequences.