There are many ways to play the game, and many loopholes to push. Unfortunately there are all too many players who are willing to step outside the spirit of what Democracy is supposed to be about. The lame-duck session is a loophole. This is well written, though focuses only on the government-grab-for-tax, and not on the banker-benefits of trading…– Jo
Foxnews: Senate Energy Debate is Still all About Cap-and-Trade
Phil Kerpen A headline on Thursday screamed: “Democrats pull plug on climate bill.” Don’t believe it. It’s a diversionary tactic.
The Obama administration and Democratic congressional leadership, seeing their window for shoving the country to the hard left closing quickly, are intent on making one last major push for cap-and-trade. It starts with their “spill-response bill” or “energy bill,” but it’s really about cap-and-trade.
The irony is that the political genius of cap-and-trade was supposed to be that it hides a tax hike from the American people.