March 13th,2010

Representative Ron Paul Weekly Address: Cap and Trade

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June 30, 2009 at 6:50 pm

by: The Smoking Argus
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In his latest “Campaign for Liberty” video address, Representative Ron Paul of Texas discusses the haphazard passage of the Cap and Trade bill, H.R. 2454 through the House of Representatives last Friday. Also known as “Waxman Markey”, the bill seeks to implement a carbon offset credit scheme, similar in its financial construction to the now notorious “mortgage backed security instruments” which spurred former Secretary of the Treasury, Hank Paulson and FEDERAL RESERVE Chairman Ben Bernake into demanding the first massive bailout for toxic assets during the Fall of 2008.

Source(s): Campaign for Liberty


One comment

  1. IRONMAN1
    #1

    THEY ARE ONLY DOING THIS SO WE DON’T  SHOOT THE MEXICANS COMING THRU WHEN THEY OPEN THE HIGHWAYS FOR THE TRANS-IDOR.PREPARE FOR THE WORST.

    [Reply]

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