When Tennessee Rep. Marsha Blackburn confronted Al Gore with his profiteering from global warming legislation at today’s House Energy and Environment Subcommittee 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. [See transcript below.]
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…
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