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Fox News Cap and Trade Ponzi Scheme

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Uploaded by on Jun 27, 2009

This cap-and-trade thing is the biggest shell game I've ever seen in my life. It's absolutely ridiculous. You talk about just the most transparent Ponzi scheme. I mean, only Bernie Madoff could admire what's going on with this whole thing."
http://www.michaelmonaco.com

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  • REDICALUS

  • i think the media could slightly be trying to scare us, but let's remeber that most of the media is liberal so why is it that i'm hearing this? its because its very radical reform and its troubling.

  • I don't remember his name, but he is one of the far too numerous group of people who should NEVER talk about economics on TV again. He was a cheerleader for the FIRE economy and in 2006 he predicted the DOW would hit 16,000 by 2008.

    That being said, our economy is going to be fundamentally restructured (i.e. we will go through the biggest recession/depression in history), so perhaps it's not all bad that our intentions are to green up a bit. Too bad it's all from frauds.

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