It almost makes you wonder if Barney Frank isn’t just dating that dude from Fannie Mae, but Chris Dodd too.
Together, they brought us the financial crisis relating to Fannie and Freddie. Now they want to do the same to the Chicago Mercantile Exchange. They’ll greatly enrich Mrs. Dodd too.
Michelle Malkin notes there is placeholder language in the cap and trade bill. In other words, Congressmen are being asked to vote on legislation that will be written after the vote. Frank says this “will deal with regulations of financial derivatives market associated with reducing carbon emissions.”
Over at the Next Right, Ironman points out that Mrs. Dodd will stand to make a killing on this. Mrs. Dodd has business interests related to the Chicago Mercantile Exchange that will profit from these new regulations.
Moe Lane
Steve Maley
KnightsofMalta
Dan Spencer
Dan McLaughlin
Isn't Dodd in jail yet??
izoneguy (Diary) Friday, June 26th at 5:10PM EST (link)If not – when?
This dude just keeps going & going.
The point cannot be made often enough: Modern liberalism, as embodied in the Obama presidency, is the defender of the status quo. And the status quo is a road to economic ruin. Political forces cannot redistribute the wealth that the economic system does not produce.
Setting up another GSE bubble to burst
JLenardDetroit (Diary) Friday, June 26th at 5:24PM EST (link)and cause another future Slow down….
related:
CRA – CRA – Fannie/Freddie, Mortgage meltdown, deregulation lies, etc…
D $ Laundering – Dem. Money Laundering (PC excuses to $pend)
Regards from NoMoTown (the MOTORlessCITY)
“Liberals, looking to do for? America what they’ve done for? Detroit! which is DESTROY IT!”
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“You can lead a Liberal to the Truth/Facts, but you cannot make them THINK!”
“Romney [No, not my first choice] does NOT have a MORMON problem. He has a, far too many Americans; these days; are MORONS problem!”
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