Archive - Dec 24, 2010 - Blog entry
Denmark Gives Away $7B USD, or 2% of GDP to Carbon Credit Traders
Submitted by Jack H Barnes on 12/24/2010 22:00 -0500The Danish tax authority has been robbed blind by a carbon trading scandal that has rocked the market for carbon off sets: while the story saw some press a year ago, significantly higher losses have since been reported and the MSM has ignored the story.
The Tax-Payers' Tab: a Cool $9 Trillion and Then Some
Submitted by ilene on 12/24/2010 14:33 -0500The data starkly show a comatose Wall Street being resuscitated with whatever financial might the Federal Reserve could pump into its tangled web of funding vehicles. It also points to how the Fed was dispersing sums which dwarfed the U.S. Treasury’s $700 billion TARP (Troubled Asset Relief Program) bailout program...
A SuBPRiMe CHRiSTMaS CaRoL (Part IV)
Submitted by williambanzai7 on 12/24/2010 02:51 -0500Are you the Ghost of Crashes Yet to Come?” asked E-Benron Scrooge, “I fear you more than any other spirit.”
