New inconvenient truth: We’re ‘Gore capitalists’

Posted by Forexsq 596 days ago (http://www.marketwatch.com)
img “It’s Global Warming, Stupid” screams a huge Bloomberg BusinessWeek cover. But that was a month ago, right after Hurricane Sandy.

Today America’s short attention span shifted again. We’re hot for Christmas shopping. Parties. Caroling. All that stuff that keeps our great consumer economy humming along, especially in the other 99% of America not directly hit like New York and New Jersey.

Yes, folks, America has a new inconvenient truth — we are all capitalists first. And our love of the environment quickly becomes a distant second in this economic war, especially when Santa’s singing “Sleigh Bells Ring” and we compare buying new toys for the kids this holiday versus paying the $29 billion estimated cost of building levees and dikes to keep Manhattan from sinking into the Atlantic Ocean around 2050.

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