A Fake Solution to a Fake Problem

By: deweyfromdetroit (Diary) | June 27th at 03:27 PM |

And now again with carbon credits we have Congress creating an intrinsically worthless product that Wall Street will bundle, buy, sell, insure and trade on speculatively. Can you say “carbon credit default swaps?”

Tags: cap and trade, carbon credits, climate change, consensus science, credit default swaps, green jobs, H.R. 2454, man-made global warming, tax increase

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RMConservative: Democrats just rejected an amendment to ban gang members from receiving amnesty. You can't make this stuff up #rsrh
moelane: #rsrh Oh wow this is not good news for the Obama administration.: http://t.co/z1DFaFLMJt
RMConservative: Dems opposing amdt to block asylum status for those who return to their country just like the Boston bomber's parents #rsrh
cayankee: Obama met with IRS union cheif the day before they targeted the TEA Party http://t.co/wDfiFPf4PR http://t.co/4XcOEk7N4J #RSRH
cayankee: Former Georgia Secretary of State Karen Handel launches campaign for U.S. Senate. http://goo.glXlqik A fresh voice. #GAsen #RSRH
cayankee: Unions representing 20,000 federal immigration enforcement agents oppose Senate immigration bill. http://t.co/O772pQ4faJ #cir #RSRH
moelane: #rsrh QotD, The Thing About #Benghazi Is That It Was Sadly Predictable edition.: http://t.co/WYhI1KqYZb
moelane: #rsrh Why Dan Pfeiffer called the law 'irrelevant.' (Spoiler: so people won't go to jail.): http://t.co/FIUsVs2hcS
moelane: #rsrh Tweet of the Day, Moo Hoo Bwah Hah edition.: http://t.co/JOmEr67pqx
moelane: #rsrh This would be EW Jackson http://t.co/uvAr803kta This is suddenly going to be a MUCH more entertaining VA-LTGOV race. (via @JohnG405)
moelane: #rsrh Of *course* Ed Markey is hiding from Massachusetts voters.: http://t.co/kzUef1Pq2O
moelane: #rsrh Hastily-retiring Max Baucus suggests more IRS revelations.: http://t.co/ElYCPYsZ4k
moelane: #rsrh Oh, just this *once*: 44[*].: http://t.co/QWpy8SXGkt
moelane: #rsrh Let me just be honest here about 'Watergate.': http://t.co/WLu6UrRQ0F
VladimirRS: Well, you learn something every day. #eggonmyface #rsrh http://t.co/5jK2SUHwee
VladimirRS: How does burning 6 lbs of gasoline generate almost 20 lbs of CO2? #junkscience #conservationofmass #rsrh http://t.co/5B19gPSB7p
VladimirRS: Happy Endangered Species Day! Happy Nat'l Cherry Cobbler Day! Happy Nat'l Bike to Work Day! #rsrh http://t.co/2RVVcPXMZp
moelane: #rsrh "Was western meadowlark the official state bird of the entire Louisiana Purchase..." : http://t.co/flfLaSpsr0
moelane: #rsrh Politico asks: WWCD?: http://t.co/BiObg0sZKv
moelane: #rsrh Charlie Cook: GOP should (air quotes) 'start' leaking dirt on Obama to press.: http://t.co/5syx1mf0vz
RMConservative: Between 1992 and 2012, a total of about 1.7 million Muslims entered the U.S. as legal permanent residents.http://t.co/WuPJSn0yp6 #rsrh
moelane: #rsrh It has been a long day in a long week in what is already a long month...: http://t.co/77UFRvPtEh
moelane: #rsrh I hope that we will all be mature about this Lisa Jackson painting.: http://t.co/7vHT3gBauL
moelane: #rsrh Barack Obama has 'complete confidence' in Eric Holder.: http://t.co/IwQvILTUCX
moelane: #rsrh Attention, shadowy VRWC groups: start primarying John "Hi, I'm an idiot" Tierney.: http://t.co/8gcJlF9fpz
moelane: #rsrh How cute: the NYT still thinks Obama won the tax cut fight.: http://t.co/L4pvg81CXQ
moelane: #rsrh So, basically, Barack Obama is now TROLING the press over the IRS thing.: http://t.co/sbusr1n3rw
presjpolk: DHS starts gunning for Bitcoin. TOLD YOU SO. http://t.co/KJYnEUwpPK AND MT. GOX IS DOWN. 502. https://t.co/nc8jEsOCBB #rsrh
moelane: #rsrh QotD, The Huffington Post (!) Takes Media Matters To The Woodshed edition.: http://t.co/kzFKdSoMM8
VladimirRS: In the words of Harry S Truman, "The Buck Stops with Some Low-Level Employees." #rsrh

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