Entitlement is just so deeply ingrained among the powerful. Perhaps it needs to be that way. If you want to be a mover and shaker, you need to feel that you should be shaking and moving and receive everything that comes from all that grooving. But entitlement shouldn’t paper over sloppy morals.
The Competitive Enterprise Institute reports today:
Washington, D.C., January 28, 2009—In testimony today before the Senate Foreign Relations Committee, former Vice President Al Gore recommended that Congress take dramatic action to combat the threat of global warming, including passing the pending economic stimulus bill which includes billions of dollars in taxpayer handouts for alternative energy. Gore neglected to emphasize, however, that he is the Chairman of a for-profit investment fund that would directly benefit from greater subsidies for so-called “clean” energy projects.
“Former Vice President Al Gore has warned that we need to examine the financial interests of people in the global warming debate. Fair enough,” said Competitive Enterprise Institute Director of Energy & Global Warming Policy Myron Ebell. “What we discover in looking at the policies that Mr. Gore advocated in his Senate testimony is that they will make him and his friends extremely wealthy at the expense of consumers, who will be stuck with skyrocketing energy prices.”
I’m no expert on global warming. But it does seem clear that Gore should have revealed his financial interest in the legislation. So much for transparency.