The carbon cap and trade bill recently passed by the House is downright silly. The bill is purported to address the danger of the highly uncertain proposition that greenhouse gases are causing dangerous warming of the planet Earth, but actually, as admitted by its sponsors, does nothing useful in that regard. The bill does reward supporters of the Obama Administration. It provides a new trading vehicle to Wall Street to replace the CDOs that contributed to the recent financial collapse. Goldman Sachs is obviously on board. Here is an article that identifies some of the beneficiaries of the House Bill. There is still hope that the Senate will not go along with this travesty of a law, one that will impoverish middle class Americans, while enriching fat cat supporters of Obama. There is still time, but most Americans seem to be unaware of the mischief the fascist politicians and their corporate cronies are planning.