Wednesday, June 30, 2010

Financial Reform Funny Business

If there's one thing I can say about the Left, it's that they love to fail to shoot for the moon and then achieve their ultimate goal through smaller steps. Crap and spayed...I mean cap and trade is their latest attempt to change the way we do business in America. With the initial failure of the crap and spayed...cap and trade effort, the Left regrouped and found another path to the same destination.

And the recent financial reform bill opened the door for it.

According to the Washington Post, the financial reform bill made a "winner" out of commodity exchanges, citing the fact that the bill would increase business for said exchanges. What does that have to do with crap and spayed?

The Chicago Climate Exchange.

For those unfamiliar or partially familiar with it, the Chicago Climate Exchange is a group where businesses can trade carbon credits as they would stocks. In short, the carbon credits become a...commodity. Therefore, the Chicago Climate Exchange would be a...commodity exchange. And thanks to the financial reform bill, they stand to make a lot of money off crap and spayed.

Like I said, the Left loves to shoot for the moon and fail, only to succeed in piecemeal fashion later.

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