Two EPA employees have grave concerns with Obama's Cap and Ttade (TAX) bill and posted their viewpoints on You Tube. Obama made them take it down!
Just imagine if Geo Bush had ordered the same of a video criticizing him!
First, let's take a look at these dumbass Carbon Credits.
Bryan Leyland, who is chairman of the economic panel of the New Zealand Climate Science Coalition, summed up not only why the European Union’s carbon cap-and-trade program i s a failure, but also why all carbon cap and trade schemes are doomed to fail. He told Scoop:
…carbon trading is the only commodity trading where it is impossible to establish with reasonable accuracy how much is being bought and sold, where the commodity that is traded is invisible and can perform no useful purpose for the purchaser, and where both parties benefit if the quantities traded have been exaggerated. … It is, therefore, an open invitation to fraud and that is exactly what is happening all over the world.
Reuters reported:
The British tax office arrested seven people in London on Wednesday in a suspected 38 million pounds ($62.6 million) value-added tax fraud in the European market in carbon allowances, it said. … “Those arrested are believed to be part of an organized crime group operating a network of companies trading large volumes of high-value carbon credits,” it said.
The Financial Times says:
Anand Doobay, a partner at Peters & Peters, a City-based law firm specialising in financial crime, said the ethereal nature of the fast-expanding multi-billion dollar international market in carbon credits had made them an attractive target for graft: “There is an increasing amount of fraud connected with them as a commodity. It’s trading with something that’s intangible, and that isn’t regulated in the way some other commodities are.”
Even the…
United Nations Admits Cap And Trade Is A Fraud
Back to strong-arm tactics of the Obama admin. SEIU is his main advisor with Andy Stern visting the WH more than anyone else. (You'd think he might care about the brave men and women in Afghanistan and meet with the generals, but that's another kvetch).
SEIU Persuasion of Power, the new SA
