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Head of JP Morgan says governments could seize property to build wind and solar farms

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by Jo Nova

Bankers are just nice people

A major banker, worth $2 billion, says the government needs to take land away from poorer people and build machines on it to change the weather.

CEO Jamie Dimon says he “is a red-blooded, patriotic, free-enterprise and free-market capitalist” while he promotes government control of markets, land, clouds, wind and rain. ” We simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives” he complains, suddenly unhappy with the free-market, and sounding like a red-blooded communist on steroids instead. Even the Soviets didn’t try to micromanage the planet’s weather.

Dimon’s annual letter to Shareholders starts with all the right catchphrases. He comes in “defense of democracy and essential freedoms, including free enterprise”, but he doesn’t seem too interested in private property rights. He’s exasperated with people who won’t consider a carbon tax to stem climate change, though he doesn’t say anything about people who have considered it and think it’s Shamenistic VooDoo.

h/t To John Connor II, Climate Depot and Marc Morano

Seize property to build wind and solar farms, says JP Morgan chief

by Simon Foy, The Telegraph, UK

The [...]


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