Are We Shocked Yet?

Bill Moyers talks about Climate Change and Capitalism with Shock Doctrine author, Naomi Klein.

I believe it’s the biggest challenge humanity has faced, and we’ve been kidding ourselves about what it’s going to take to get our emmissions down to the extent that they need to go down,” Naomi Klein.

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2 Responses to “Are We Shocked Yet?”

  1. John V. Mizzi, P.E. Says:

    There is an alternative, Dry Fracturing. See Chimera Energy. Not perfect, but removes contaminated water issue. Why is this not even mentioned?

  2. Liz Rosenbaum Says:

    …because it’s my impression that Chimera is a scam.

    Apparently, the US Securities and Exchange Commission thinks so, too:

    UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSIONSECURITIES EXCHANGE ACT OF 1934
    Release No. 68103 / October 25, 2012

    The Securities and Exchange Commission (“Commission”)
    announced the temporarysuspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the“ExchangeAct”), of trading in the securities of Chimera Energy Corporation (“Chimera”), of Houston,Texas at 9:30 a.m. on October 25, 2012, and terminating at 11:59 p.m. on November 7, 2012.The Commission temporarily suspended trading in the securities of Chimera because of because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the statements by Chimera in press releases to investors about the company’s business prospects and agreements.

    The Commission cautions broker-dealers, shareholders, and prospective purchasers that theyshould carefully consider the foregoing information along with all other currently availableinformation and any information subsequently issued by the company.Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under theExchange Act, at the termination of the trading suspension, no quotation may be entered unlessand until they have strictly complied with all of the provisions of the rule. If any broker or dealerhas any questions as to whether or not he has complied with the rule, he should not enter anyquotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what isrequired by Rule 15c2-11, he should refrain from entering quotations relating to Chimerasecurities until such time as he has familiarized himself with the rule and is certain that all of itsprovisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.If any broker-dealer or other person has any information which may relate to this matter, the FortWorth Regional Office of the Securities and Exchange Commission should be telephoned at(817) 978-3821.”

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