The biggest lie about Europeans is that they are unconcerned about wealth. Remember the UN "Oil for Food" scheme they had going with Saddam? It allowed the dictator to starve his people while providing cheap oil to Europe and under-the-table bribes to the continent's crooked politico-business class.
Massive Fraud in European Carbon Credit Market
Well, another decade, another scandal, this one involving massive fraud in Europe's carbon credit markets (The ridiculous practice of buying and selling of pollution)
This resulted in losses of approximately 5 billion euros for several national tax revenues. It is estimated that in some countries, up to 90% of the whole market volume was caused by fraudulent activities.Crafty people who produce nothing of value find ways to insert themselves into the revenue stream and exact their parasitic toll. It's called Rent Seeking. Think DC politicians.
The NY Post editors get to the crux of it:
The whole point of the exercise is to transfer a trillion bucks from the economies of the world's developed nations to Third World kleptocrats -- with God-only-knows how much cash sticking to the fingers of well-connected UN bureaucrats.Global climate treaties are stick-ups perpetrated by international shysters to enrich themselves while assuaging liberal guilt.
Cap and Trade market schemes waste money in the form of transaction fees gobbled up by people trading smoke.
Smoke and mirrors is more like it.
Volokh
5 comments:
Pretty accurate icon, Silverfiddle. The riots now ongoing in Copenhagen truly expose the whole basic conception you talk about here, where all the Marxists and Commies are hanging around with their hands out, and when they are told to bugger off, they start throwing rocks.
Fredd: Marxists and commies is right.
Not until the 20th century did having sympathy for the shiftless and corrupt become a popular notion. Liberals have elevated it to an art form.
"Crafty people who produce nothing of value find ways to insert themselves into the revenue stream and exact their parasitic toll."
Hello? Does this not sound familiar with our current administration? Yeah, I thought so, too.
You said it: socialists are all about making themselves rich at other people's expense.
Silverfiddle: Extending sympathy to ne'er-do-wells is a liberal thing. My circle still call them 'bums,' 'losers' and 'scum.'
I've got no patience with anyone who mentions the phrase 'domicile challenged,' or even 'homeless.' Call 'em what they are: shiftless miscreants.
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