Greed and secrecy mark nation’s first, biggest cap-and-trade program

washingtonexaminer.com/ ^ | 08/02/10 | MARK TAPSCOTT

[<1/1,000,000th%]

Just like the stimulus bill and Obamacare.

What’s new?

[Cyber Ninja]

From the RGGI website:

State Regulations
"Each Participating State's RGGI CO2 Budget Trading
Program is based upon its own statutory and/or regulatory
authority. Guided by the Model Rule, each state's
regulations limit emissions of CO2 from electric power
plants, establish participation in CO2 allowance
auctions, create CO2 allowances and determine
appropriate allowance allocations.

"Statutory and/or regulatory authority";
is granted by the people through their
representatives, you know, the pols they
keep voting for.

[Taxman]

Goldman Sachs, Morgan Stanley, Merrill Lynch, JPMorgan Chase and other Wall Street heavyweights were all very heavily invested in Carbon Credits before the bailout — had they been allowed to go bankrupt, their heavy investments would have been worth $ZERO$!

That is why they were bailed out!

American taxpayers have been screwed once — the Wall Street bailouts, and we are about to be screwed again by the carbon tax.

We have a lot of work ahead of us if we are to restore our Republic!