Al Gore might be set to become the world's first Carbon Billionaire. Here's John M. Broder in the New York Times:
The deal (to purchase perpetual motion machines from a Gore company) appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants. Of the total, more than $560 million went to utilities with which Silver Spring has contracts. Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years.
And just how will The Goracle Of Music City make good on his investment?
Representative Marsha Blackburn, Republican of Tennessee, asserted at a hearing this year that Mr. Gore stood to benefit personally from the energy and climate policies he was urging Congress to adopt.
Mr. Gore says that he is simply putting his money where his mouth is.
“Do you think there is something wrong with being active in business in this country?” Mr. Gore said. “I am proud of it. I am proud of it.”
Al, if you are lobbying for government grants for your company, you are taking taxpayer money. If various Climate Warming/Cooling/Changing legislation passes, homeowners will be forced to use your voodoo gadgets. Local governments will be forced to pay for them.
This is called "Compel, Don't Sell".
You aren't "being active in business in this country" when you do this. You are participating in a theft when you force people to use your products. It's nothing to be proud of.