Tuesday, August 18, 2009

Congress Is Out Of Control On Cap And Trade Legislation

So says a former Senator. It just so happens that today the creator of cap and trade doesn't believe it will work for climate change.

Reason and rationality are irrelevant when dealing with lobbyists of Wall Street firms greasing politicians so we can "casino-ize" even more of our economy. As Timothy Geithner so eloquently states, a healthy banking system is a requirement for economic recovery. What's more healthy for Wall Street than greasing politicians?

Cap and trade is another Wall Street scam that will kill jobs unnecessarily. If the world wants to trim pollution, there are countless ways to accomplish that feat. We don't need Wall Street traders ripping off society to get there.
posted by TimingLogic at 11:37 AM