re: The latest on Global Warming

quote:

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Hank Paulson, whose claim to fame in the public sector is panicking and browbeating the nation and its Washington politicians into accepting the Troubled Asset Relief Program in late September 2008, and who just two weeks later "put a (figurative) gun to the heads" of large-bank CEOs to "persuade" them to accept federal "investment" in their enterprises, has re-emerged to tell us, according to the Hill, that "Republicans are 'ready for a serious discussion' on climate change."

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Hank Paulson is crying global warming wolf here because he works for Goldman Sachs. Goldman Sachs stands to make boat loads of money off of carbon credits if climate legislation is passed. Goldman Sachs will play casino dealer in the carbon credit market where carbon credits will be bought and sold. Goldman Sachs will get a piece of every transaction. That's why Hank Paulson is crying wolf.

...follow the money.