Copenhagen Summit
After the lack of success of the Obama Administration in promoting the US agenda at the Copenhagen summit, the pundits are increasingly skeptical the President and moderate Democrats will go to the mats in an effort to pass a cap and trade bill in 2010. The announcements in the past 24 hours by Senators Dorgan and Dodd that they will not run for re-election are also harbingers of a poltical environment that will make it difficult for any large new tax and spend program (no matter how cleverly hidden) to survive an onslaught by Republican opponents in the November … Continue Reading