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Monday Message Board

April 20th, 2009
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Its time once again for Monday Message Board. Post comments on any topic. As usual, civilised discussion and no coarse language.The Four Feathers movie downloadJack Brooks: Monster Slayer

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  1. Michael of Summer Hill
    April 20th, 2009 at 18:23 | #1

    John, many would agree with MP Paul Gibson’s proposal that the NSW government should make Sydney public transport free in an effort to reduce the growing traffic congestion. Thumbs up.

  2. Salient Green
    April 20th, 2009 at 18:35 | #2

    I found this on TOD. It’s an article about ‘Cap and Dividend.’

    http://news.yahoo.com/s/mcclatchy/20090419/pl_mcclatchy/3213792_1;_ylt=Anqvd7DW5B9vVW0biOR_n33HSpZ4

    Companies would have to buy their allowances under a Cap and Dividend as opposed to being given their allowances under Cap and Trade.

    The idea was born out of the fear that markets would distort a Cap and Trade. Sounds like an improvement to me. May even be better than a carbon tax.

  3. Salient Green
    April 20th, 2009 at 18:37 | #3

    Wow, that’s the John Holmes of internet addresses.

  4. Lord Sir Alexander “Dolly” Downer
    April 20th, 2009 at 18:53 | #4

    No. 1 is written in Paul Gibson’s office. Thumbs down.

  5. Ikonoclast
    April 20th, 2009 at 19:03 | #5

    “Extraordinary,” said Blinky Bill.

  6. Ikonoclast
    April 21st, 2009 at 06:49 | #6

    Salient Green’s post at #2 has a link to some food for thought about corruption of the carbon market. Here’s an excerpt.

    “‘The Europeans already have created a cap-and-trade market for carbon dioxide emissions. Credits are being bundled by financial institutions such as Credit Suisse and sold to investors in much the same manner as mortgage-backed securities and other exotic financial products whose collapse helped lead to the global financial crisis,’ Cantwell said.”

    I wonder if people still think such warnings are a red herring?

  7. Student
    April 21st, 2009 at 13:10 | #7

    Any chance you’re thinking of setting up as an rss feed?

  8. jquiggin
    April 21st, 2009 at 16:29 | #8

    D’oh! The RSS feed broke again. Fixed now, I hope.

  9. Alice
    April 22nd, 2009 at 22:34 | #9

    6#

    “Salient Green’s post at #2 has a link to some food for thought about corruption of the carbon market.”

    I agree. So people go mad over green bundled carbon cap debt instruments……oh great…..just great….what a waste of energy.

    Back to my original thoughts that there is simply too much money flowing into the finacial markets when they can gamble on two ants crossing a road….

    For once I might find myself agreeing with Friedman (just for once) “too much money chasing too few…..financial investments” (last two words adapted to modern times).

    result = inflation in investment assets…any assets …even carbon controls.

  10. SeanG
    April 24th, 2009 at 05:15 | #10

    ProfQ,

    Has your research changed your personal political view (incl. economic policy) or did your research confirm your political/macroeconomic view?

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