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[Nickbat]

This is about Goldman Sachs and economic bubbles. Makes fascinating reading, the more so because it comes from Rolling Stone Magazine.

http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine#
 

[crazyjoetavola]

A natural consequence of the global nature of the money markets 

If there is regulation already in place supposedly to identify and control such behaviour, then why not ensure that it's applied to do just that?

The fallout from these fiscal machinations has yet to be felt at its most intense.

[Nickbat]

How timely!

"Sens. Diane Feinstein (D-CA) and Olympia Snow (RINO-ME) have introduced a bill to make the Carbon Futures Trading Commission the sole regulator of the carbon market.

So does this mean that Goldman Sachs could be the de facto regulator of the carbon market created by a cap-and-trade bill?"

http://greenhellblog.com/2009/07/08/goldman-sachs-to-be-carbon-regulator/

"If taxpayers and consumers are forced to endure the global warming bubble, will Goldman Sachs will be self-regulating itself to record profits at thier expense?"

This whole thing stinks of a gigantic scam. Someone will pay....guess who? 

[crazyjoetavola]

How timely!

"Sens. Diane Feinstein (D-CA) and Olympia Snow (RINO-ME) have introduced a bill to make the Carbon Futures Trading Commission the sole regulator of the carbon market.

So does this mean that Goldman Sachs could be the de facto regulator of the carbon market created by a cap-and-trade bill?"

http://greenhellblog.com/2009/07/08/goldman-sachs-to-be-carbon-regulator/

"If taxpayers and consumers are forced to endure the global warming bubble, will Goldman Sachs will be self-regulating itself to record profits at thier expense?"

This whole thing stinks of a gigantic scam. Someone will pay....guess who? 

....this is the tool, Nick by which the extraction of money in the form of additional taxes and levies will be cited as being of the utmost importance for the survival of the planet.

In reality one of the few benefits will be the formation of cosy arrangements which will only assist those involved in that formation to accrue even more money.

Industry and commerce will be hamstrung by regulation, and if this sinister development is allowed to grow unchecked, our recovery and future economic outlook will be knocked to buggery.

There are none as blind as those blinded by tainted information and those of course who choose not to see the great boot of stupidity waiting to kick their arses right up to their shoulders!

Regarding the other matter, am going through the information and will reply in due course.