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Cap and trade regulations: Do you trust this man?

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By Michelle Malkin  •  June 26, 2009 04:47 PM

This is a red flag. On the House floor this afternoon, Barney Frank explained the “placeholder” in the cap and trade bill that apparently will deal with regulations of financial derivatives market associated with reducing carbon emissions.

Frank says he is confident a “good system will be in place.”

In other words: Trust him.

Hello?

Trust him?

Are you ready for a sub-prime carbon market?

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