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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (24869)	6/25/2009 4:40:40 PM
From: longnshort	Respond to of 36921

Please do that, that will make mine more valuable.

To: Wharf Rat who wrote (24869)	6/25/2009 5:37:47 PM
From: Maurice Winn	2 Recommendations Read Replies (2) \| Respond to of 36921

That's funny Wharfie. <Buy 'em first and destroy them. Be the first on yer block to destroy licenses to pollute. Fire starter, compost, toilet paper; whatever. > = building your own funeral pyre. Goldman Sachs will love you for it. They know that people nearly all make one way bets on the long side. So they will make a bundle on the way up and then an even bigger bundle on the way down when the whole ridiculous scam is ditched as a peculiar idea akin to burning witches at the stake. They'll profit from the transactions as the intermediary on the trading, and their long bets leveraged up 30:1, then win on the way back down. Before the peak, they will already have extracted so much loot that the end game wouldn't matter much, just as it didn't in the current financial debacle. They had already paid out the profits in bonuses before the crunch came. As it happened, they managed to turn a trick on the crunch too, getting vast largess from Big Ben and the financial rescues of those "too big to fail". It's actually worse than burning witches at the stake because the economic destruction will be large, starvation extensive, and, if successful in rolling back CO2 which is the last thing standing between us and reglaciation, a big freeze which would be seriously terrible. If you think warmth is bad, try being buried in a kilometre of ice. Road transport becomes difficult for a start. The ice flows in vast glaciers, so it's not even that buildings could simply continue operation while buried in ice caves. Goldman Sachs will then make another stupendous fortune financing and finangling billions of people moving towards the equator - the Sahara, Death Valley, Australia's outback. They'll need loans galore. Mqurice