You know and I know that Cap and Trade to control the emission of the inocuous gas CO2 will make us all poorer. Add this administrations takeover of our Health Care and you have the biggest and most brazen power grab in the history of the United States. The fools in Washington are so enamored of this President that they will vote for it in order to kow tow to the annointed one. Green House gas causing climate change is a fiction and most people realize this. Why don't our politicians? This is about power over the American people....nothing more. Read the following at Investor's Business Daily.
The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy. Smoot-Hawley will seem like a speed bump.
Not since a misguided piece of legislation imposed tariffs that turned a recession into a depression has there been a piece of legislation as bad as Waxman-Markey.
The 1,000-plus-page American Clean Energy and Security Act (H.R. 2454) is being rushed to a vote by House Speaker Nancy Pelosi before anyone can seriously object to this economic suicide pact.
It's what Janet Napolitano, secretary of Homeland Security, might call a "man-caused disaster," a phrase she coined to replace the politically incorrect "terrorist attack." But no terrorist could ever dream of inflicting as much damage as this bill.
It's centerpiece is a "cap and trade" provision that has been rightfully derided as "cap and tax." It is in fact a tax on energy everywhere it is consumed on everything it is used to make or provide.
It is the largest tax increase in American history — a tax on all Americans — even the 95% that President Obama pledged would never see a tax increase.
It's a political bill that could come to a vote now that a deal was struck with farm-state legislators concerned about the taxation of even bovine flatulence.
...President Obama has called on the U.S. to "lead by example" on global warming. During the campaign, he said: "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times . . . and then just expect that other countries are going to say OK."
Soon we may not be able to. Other countries can just sit back and watch us destroy ourselves. Where will you be when the lights go out? (Read at Investor's Business Daily)
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