Beam me to Planet Gore !
Posted on 06/01/2008 9:28:16 AM PDT by milwguy
An unprecedentedly radical government grab for control of the American economy will be debated this week when the Senate considers saving the planet by means of a cap-and-trade system to ration carbon emissions. The plan is co-authored (with John Warner) by Joe Lieberman, an ardent supporter of John McCain, who supports Lieberman's legislation and recently spoke about "the central facts of rising temperatures, rising waters and all the endless troubles that global warming will bring."
A carbon tax would be too clear and candid for political comfort. It would clearly be what cap-and-trade deviously is, a tax, but one with a known cost. Therefore, taxpayers would demand a commensurate reduction of other taxes. Cap-and-trade -- government auctioning permits for businesses to continue to do business -- is a huge tax hidden in a bureaucratic labyrinth of opaque permit transactions
(Excerpt) Read more at realclearpolitics.com ...
The proper price of permits for carbon emissions should reflect the future warming costs of current emissions. That is bound to be a guess based on computer models built on guesses. Lieberman guesses that the market value of all permits would be "about $7 trillion by 2050." Will that staggering sum pay for a $7 trillion reduction of other taxes? Not exactly.
It would go to a Climate Change Credit Corp., which Lieberman calls "a private-public entity" that, operating outside the budget process, would invest "in many things." This would be industrial policy, aka socialism, on a grand scale -- government picking winners and losers, all of whom will have powerful incentives to invest in lobbyists to influence government's thousands of new wealth-allocating decisions.
I wouldn’t call it Marxist. A whole bunch of folks are ready to profit GREATLY from this BS. It’s subversive Capitalism to the core.
Paranoia can be very very lucrative.
I hope that anyone who still thinks Lieberman is a good guy because he was opposed in Connecticut by the antiwar moonbats will wake up and smell the roses. He is as leftist as they come, with the sole exception of the war. He would be a DISASTER as McCain’s VP.
Carbon Chastity
The First Commandment of the Church of the Environment
By Charles Krauthammer
Friday, May 30, 2008; A13
I’m not a global warming believer. I’m not a global warming denier. I’m a global warming agnostic who believes instinctively that it can’t be very good to pump lots of CO2into the atmosphere but is equally convinced that those who presume to know exactly where that leads are talking through their hats.
Predictions of catastrophe depend on models. Models depend on assumptions about complex planetary systems — from ocean currents to cloud formation — that no one fully understands. Which is why the models are inherently flawed and forever changing. The doomsday scenarios posit a cascade of events, each with a certain probability. The multiple improbability of their simultaneous occurrence renders all such predictions entirely speculative.
Yet on the basis of this speculation, environmental activists, attended by compliant scientists and opportunistic politicians, are advocating radical economic and social regulation. “The largest threat to freedom, democracy, the market economy and prosperity,” warns Czech President Vaclav Klaus, “is no longer socialism. It is, instead, the ambitious, arrogant, unscrupulous ideology of environmentalism.”
Excerpted
“subversive Capitalism?” No more like the mafia....
It is far from clear that CO2 causes any warming or that any warming that may occur naturally will be detrimental. Algore seems to be the first to have decided that the temp 150 yrs ago was perfect.
We would be far better off readying the US for the next ice age by building nuke plants.
The first thing they’ll have to do is take away our gun rights. Ok, so you can have your guns but just try to get ammunition for it ....
Congressman Wants to Repeal Law of Supply & Demand
Representative Maurice Hinchey (D-N.Y.) says he is drafting legislation that will “roll back gasoline prices.” Under his proposal, the price would be capped at $2.49 per gallon. Recently, gasoline has been selling for around $4 per gallon.
“If we leave it to the market there’s no telling how high prices will go,” Hinchey complained. “My bill will make fuel affordable for the average driver.”
The congressman was unfazed by the fact that the cost of the crude oil needed to produce a gallon of gasoline is around $2.75. State and federal taxes add another 50 cents or so, for a total of around $3.25 before transportation, refining and marketing costs.
“There’s no way we could get fuel to the customer for the price Mr. Hinchey wants to legislate,” said ExxonMobile Senior Vice President J. Stephen Simon. “In effect, his bill will outlaw the supply of gasoline. It’ll be worse than the gas lines we saw during the Carter Administration.”
Hinchey dismissed Simon’s objections. “President Carter had the right idea,” Hinchey asserted. “He just wasn’t tough enough on these corporate vultures. My bill will impose severe penalties for non-compliance.”
Under Hinchey’s bill, vendors would be subject to one year in prison for each gallon sold above the $2.49 mandated price. “These corporate profiteers will come around once a million-year prison sentence is staring them in the face,” said Hinchey.
read more...
http://www.azconservative.org/Semmens1.htm
This is bullcrap. Years ago, when power plant owners wanted build plants significantly cleaner than regulations required and ask tha the difference be credited to plants that did not meet regulations, the envirowackos said “NO”.
Now that they have found a way to make it a TAX, they orgasmically scream, “YES, YES, OH MY god AL GORE, YES!”
bush...
thanks a lot for throwing
Newt’s majority away
Environmental activists are watermelons, thin veneer of green on the outside, all red on the inside.
Their first order of business — command and control economy, the same one that worked so well in the soviet union
John, I think this one merits in own thread.
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