Goldman Sachs DROOLS over CAP AND TRADE


	Goldman Sachs DROOLS over CAP AND TRADE

leevardi

7-2-2009 5:57 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a554e89a-e7a4-401c-b9c0-b93cd9d87c51/BCFD7890-9D1C-4110-8C4C-DF7FAEDB2947/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/" href="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/" style="font-size: 11px;">rightsoup.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/"><H1><A title="Permanent Link: Goldman Sachs Drools Over Cap And Trade" rel="bookmark" href="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/">Goldman Sachs Drools Over Cap And Trade</A>  </H1></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content7.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/" href="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/" style="font-size: 11px;">rightsoup.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/"><P><SPAN><SPAN>The <SPAN class="IL_LINK_STYLE">revolving door</SPAN><SPAN> between the world’s <SPAN class="IL_LINK_STYLE">most powerful</SPAN> </SPAN></SPAN><SPAN class="IL_LINK_STYLE">investment bank</SPAN>, </SPAN><STRONG><SPAN><SPAN class="IL_SPAN"><INPUT type="hidden" name="IL_MARKER" />Goldman Sachs</SPAN></SPAN></STRONG><SPAN>, and <SPAN class="IL_LINK_STYLE">the government</SPAN> has long twirled round.  The firm has provided most of the personnel for the Treasury department and the Federal Reserve…and has come out smelling like a rose in the financial meltdown which has decimated many of its’ competitors.  </SPAN></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/"><P>Obama’s insane energy plan, Cap and Trade, will be another bonanza for the uber-rich and oh-so-lucky firm that has it’s tentacles entrenched at the highest levels of power in our country.  The new carbon-credit market is a virtual repeat of the commodities-market casino/scam that’s been kind to Government Sachs, except it has one nifty new feature: If the plan goes forward, the rise in prices of carbon credits will be government-mandated. Goldman won’t even have to rig the game! It will be rigged in advance.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://rightsoup.com/goldman-sachs-drools-over-cap-and-trade/"><P>Matt Taibbi explains in this month’s <EM>Rolling Stone</EM>:</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/BCFD7890-9D1C-4110-8C4C-DF7FAEDB2947/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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