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James Pethokoukis
Cap-and-trade a short-term win for Democrats
California's Henry Waxman and Massachusetts' Edward Markey might rightfully be called the "godfathers" of the cap-and-trade climate legislation that just passed the U.S. House of Representatives. But in the end, it was Speaker Nancy Pelosi who determinedly willed to life what President Obama described today as an "extraordinary piece of legislation."
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Bob, China is the #2 economy in the world. They don't give an F what you think about their great power status.
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