California is ready to launch into biggest financial scam ever concocted: cap and trade—more accurately known as, “cap and tax.” The Golden State will be home to North America’s first full-scale carbon market, where an invisible, miniscule component of the earth’s atmosphere—carbon dioxide—will be traded as a commodity.
The people of California are about to be taken like a sucker in a street corner game of Three Card Monte.
Last week the shysters at the California Air Resources Board conducted a full-scale practice run of the trading process for carbon dioxide (CO2). State officials claim the trial was a grand success.
It’s as if the people of California are characters from Hans Christian Anderson’s classic, The Emperor’s New Clothes. They’re allowing government bureaucrats to institute the trading of a “commodity” that no one is able to see , touch , taste or smell. Cap and trade provides an outrageous opportunity for the state to steal from businesses, sock it to the consumer, expand the welfare rolls, and reward cronies—all in the name of being green.
Who’s getting rewarded, screwed, and empowered through this plan? Click here for the rest of the story…