Cap and trade or cap and trust?

Tuesday, July 7, 2009 | 4:36 p.m. CDT

You must pardon me if I don’t get a warm and fuzzy feeling over the “Cap and Trade” legislation narrowly passed last week by the House of Representatives. The administration’s glorious augury of this act cutting noxious greenhouse gases to the bone while creating millions of “green” jobs is more consistent with imagination and theory than with fact.