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To: redk

Cap and trade?

Now you know why Enron had to die.


65 posted on 07/13/2009 9:14:35 PM PDT by IncPen (Cap and trade? Now you know why Enron had to die.)
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To: IncPen

Cap and trade?

Now you know why Enron had to die.

Haven’t seen this idea expressed very often, but buying and selling nothing is precisely what spelled the end of enron. What a scheme, cap and trade looks like Enron on steroids. With predictable results, AFTER ENRICHING A FEW NOTED PROMOTERS, AND PARTICIPANTS, and without the penalties some of the Enron folks received. Actually the ones penalized the most were the workers, the pension holders, and the investors, the little guy.


190 posted on 07/14/2009 7:46:57 AM PDT by wita
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