Prepping for Cap and Trade effects

[Timothy W.]

Alright,
As wrong as it is, it's a reality. No use pissing and moaning - we're going to have to deal with it. What exactly does it mean for us and what exactly are we going to have to do? I've moved my portfolio away from anything where I cover utilities anyway. Nevertheless, all commodities will raise in price because of this in the face of massive amounts of printed money...

Is it time to re-examine certain commodities markets to protect the value of dollars today because of the inevitable increased costs of getting it out of the ground?

Tim

[Scott M.]

Well since this is now moving to the Senate you should contact your Senators and let them know how you feel about it.

In person - on the phone - in emails - through US post office.

To their state office - their local office - their DC office.

This bill will not pass in its present form in the Senate so it will be changed and go to committee and then might be voted on again so you need do the same for your house members.

Once the final bill is out and you know what your dealing with you can make plans - till then - make your opinion known (not just here - but where it counts - in DC).