Cap and Trade

Watch out for the end run on cap and trade. They are moving ahead as all the attention is on health care. If passed this system will be the new piggy bank for out of control government spending. The out of thin air market based on junk science will create the next financial bubble over time.

CATO on power “Only the checks put upon magistrates make nations free; and only the want of such checks makes them slaves. They are free, where their magistrates are confined within certain bounds set them by the people … And they are slaves, where the magistrates choose their own rules, and follow their lust and humours; than which a more dreadful curse can befall no people … and therefore most nations in the world are undone, and those nations only who bridle their governors do not wear chains”.

Small local government is easily checked.