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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Hope Praytochange who wrote (90317)9/3/2010 6:41:56 AM
From: tonto3 Recommendations  Read Replies (2) | Respond to of 224717
 
The stakes are huge and people have seen the terrible results of the democratic party rule. More and more we are hearing that this is not an anti incumbent year, but instead an anti democrat year. I think it is both.



To: Hope Praytochange who wrote (90317)9/3/2010 8:02:25 AM
From: lorne5 Recommendations  Read Replies (1) | Respond to of 224717
 
Is hussein obama going to have to bail out friends? with tax payer money of course.

Chicago Climate Exchange drops 50%, new record low
Posted on August 31, 2010
by Anthony Watts
wattsupwiththat.com

The only lower price than today’s closing price on a ton of carbon is ZERO

Perhaps reacting to the news yesterday about the IPCC getting taken to the woodshed, the growing number of stories in the MSM about the IPCC failure, and the recent layoffs at CCX, carbon trading has once again been devalued by the market. Amazingly, it lost 50% of it’s value for 2006, 2007, and 2008 “carbon instruments” today. Here’s the CCX front page graph at closing today:

The CCX end of day table really says it all, 50% off, from a dime to a nickel in a day:

CCX end of day, August 31, 2010
It must have really killed the person to have to put in a nickel for the closing value today.

Charcoal briquettes and coal have more value than a ton of CCX carbon instruments these days.

Unless CCX starts making adjustments in single cents, the next downward adjustment is zero. The latest CCX advisory says they will be closed for labor day, and will reopen for trading September 7th. One wonders.