As many conspirators know, the Warner-Leiberman Cap and Trade bill was defeated in its new guise, a 491 page re-written bill that no one got to read anyway. The scientific rationale for both bills is about as strong as the constitutional rationale -- meaning that there isn't any rationale.

That's the good news.

Take a look at this good piece from Reason.com for more evidence that the federal bailout of mortgages is baaaad mojo, baby!

http://www.reason.com/news/show/126798.html