The "Trade" in Cap and Trade

I have a real problem with the credits issued to the companies being allowed to be traded (auctioned) like a commodity or a stock. Trusting Wall St or Investment Banks is not in my play book right now and therefore I am against this legislation.

Category:

News & Politics

Tags:

• Government
• Cap and Trade
• Pollution
• Banks
• Wall St
• Crooks and Liars

[FXMAHO]

Hey you're the one that brought it up. And if you think you're going to get cleaner water and air from this worthless legislation you either haven't done you're homework or are a complete moonbat. Goodbye.

[Boomer1949]

We are all entitled to our own beliefs in this country. You seem to have a different belief than I do, so be it. If you feel you've done a good job at examining this legislation and it's consequences, than good for you. I think I have as well. We happen to disagree..that's ok too.

[FXMAHO]

"Climate change is happening, no doubt"

Uh yeah there is. Scientists are all over the map on this and there is no consensus except amongst liberal politicians who want to micromanage peoples life styles, etc and the "climate experts" who's funds will dry up if they don't continue to spin the data to support their specious claims.

[Boomer1949]

I'm not here to convince you of climate change, believe it or not, it's up to you and you can believe what you want about what is causing it, makes no never mind to me.

The "cap" part of this bill is ok with me. I like breathing cleaner air and drinking cleaner water but that's up to you as well.

[FXMAHO]

So you have a problem w the trade part huh? How else is Al Gore gonna get to be a billiionaire? And you should have a problem with the entire concept of govt. regulating CO. It's being done in the name of global warming prevention & last time I checked, it's been getting cooler for years... oh yea, now its climate change.. Bunch of crap. Sun cycles, gets hotter, gets cooler just like on Mars and Venus where our SUV's aren't.

[Boomer1949]

Hey, even Al Gore has a right to make money, just like Goldman Sachs, it's capitalism after all. I don't like the bubble this legislation will cause. Not the fact that someone is going to make money.

As for climate change, you can't judge your little corner of the world as a true example, it's Global. What is causing it might be debated but it's happening, no doubt.

[FXMAHO]

Yes, you are entitled to believe that Santa Claus exists and that this Congress and administration will

continue to enact sensible legislation that will have no I'll effects on our prosperity and that of our childrens... It doesn't make you evil..,.. In fact, you seem pretty civil for a Moonbat. Just remember who you voted for when bad things happen.

[WhyMeWhySilver]

You make good sense girl! I wish more understood whats going on! I can go across my street and ask the lady about cap and trade and she'd think I was talking about a business offer in trading ball caps!

Mike

Mike

[Boomer1949]

Personally, I think the market has been "free" to regulate themselves, as has the banks and investment banks. No one else was doing it.

You have a great 4th too! I have 4 days off due to the slow down in work but I'm not complaining, I haven't been laid off, so it's still good.

[FatLibertarian]

So, when these (non-free-market) watchdogs fail, you see that as a failure of FREE MARKET principles? That's, uh.. interesting. These market police inevitably lead to a false sense of security and false trust that ALL THESE companies are on the up and up. Whatever the reason, the regulators can't replace the true free market when it's allowed to be a regulator. That's my point. Have a good 4th of July weekend. The DOW is plummeting again today.