CXY 0.00% 0.3¢ cougar energy limited

investing in ucg boom, page-5

  1. 518 Posts.
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    Obama's cap and trade legislation has been pushed
    sideways,with twenty six [26] democrats defecting
    from party line.Many senators/representatives in
    Washington now say that the democrats could "KILL"
    the legislation.

    When the senate voted 67-31 on April 2 to prohibit
    the use of reconciliation procedure including a cap
    and trade system it meant,at least,that matter has
    to be voted on by itself and can't just be thrown in
    as part of the budget.

    This is a tough threshold for the Obama administration.
    The economy is such, that a big ticket item such as cap
    and trade will be a "tough sell" to the taxpayer.

    Estimates on how much cap and trade will cost the U.S.
    "begin" at $US 350 billion,some advisers suggest that
    cap and trade could actually cost the country five [5]
    times that amount.

    [Guess why the U.S.coal index is moving forward.]

    UCG and Cougars "time" gets closer every day.

    HM.











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