Posted by
BLOGASSAULT on Thursday, January 28, 2010 6:56:00 PM
The
SEC has decided today, in the best interest of the public of course, that publicly traded companies need to disclose to their stock holders just how there company is going to be impacted by global warming.
This Democrat-dominated government certainly has its eyes firmly set on a goal to heavily increase regulation, especially on Wall Street after the financial collapse of 2008. But how many companies face threats of failure due to anthropogenic global warming? We’ll soon find out, now that the
SEC has demanded that publicly-traded corporations reveal those risks to stockholders...
Since it looks as if the the cap and trade thing is dead, they will jsut force their agenda through via the EPA, the SEC, or any other federal agency that works for them.
Here is the problem though. If Obama keeps coming up with these hair-brained ideas like taxing banks and socializing medicine forcing the stock market to shed nearly 600 points in the last week, there won't be any publicly traded companies to buy any stocks from. But then again, if Obama doesn't start focusing on the economy there won't be anybody left to buy any stocks.