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Blog Archive

Saturday, April 28

Gore and NY Real Estate and Green Swindle

April 27 (EIRNS) -- GORE, NAZI BANKER ROHATYN, PUSH GREEN BIG MAC II TO
SAVAGE NYC. Global warming is the latest pretext for a new fascist
looting
scheme against New York, and none other than Al Gore and Felix Rohatyn,
the
Lehman Brothers financier infamous for his role in the 1973 fascist
Pinochet
coup in Chile, have teamed up to push it through.
On Earth Day, New York billionaire Mayor Michael Bloomberg announced a
plan
to reduce greenhouse gas emissions in his city by 30% by the year 2030,
by
taxing New Yorkers and visitors to the city $8 for any weekday driving
in
most of Manhattan. The mayor proposes the tax revenue thus gouged out
would
fund a $30 billion regional transit financing authority.
Al Gore endorsed the plan, calling it gutsy, on April 26, but it was
Rohatyn
who spilled the beans on its real purpose, in a {Financial Times}
commentary
April 27. According to Rohatyn, Bloomberg’s regional financing
authority is
a new, green version of the Municipal Assistance Corporation (Big MAC)
which
he personally headed in the 1970s. Heading the Big MAC, Rohatyn ensured
bondholders got paid when the city went bankrupt in 1975, by increasing
sales taxes and savaging New York City basic public services
(education,
health, garbage, fire, etc.) The city has yet to recover. (See EIR:
“NYC’s
Big MAC: Rohatyn’s Model for Destroying Government).
This new scheme is yet another proof that Lyndon LaRouche was right,
when he
warned Democrats that the party will not survive, until it kicks out
such
financier vultures as Gore and Rohatyn.

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