Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Inhofe Exposes Cap and Tax Scheme in Obama Budget
Senate.gov ^ | March 18, 2009 | Senator James M. Inhofe

Posted on 03/21/2009 4:20:14 PM PDT by Delacon

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-45 next last
To: attiladhun2

And when they realize that all of the freaking “Caps And Trades” are going to the likes of AlGore and the rest of the elites, nothing will happen because the evil Rush Limbaugh will ne responsible for the energy pigs and it is all his fault, according to the CNN/NY Times Poll...


21 posted on 03/21/2009 4:57:16 PM PDT by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: TC Builders

Will the poor get credits to offset all the increased costs due to taxing carbon?


22 posted on 03/21/2009 5:01:28 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Shady

The people in Britain finally turned on the Labour Party, when similar schemes were implemented there, so don’t be too dispirited.


23 posted on 03/21/2009 5:04:48 PM PDT by attiladhun2 (Obama is the anti-Reagan, he believes government is the solution, rather than the problem)
[ Post Reply | Private Reply | To 21 | View Replies]

To: D-fendr

That’s what I’m saying, the poor wont pay anything extra. The Rats will include some kind of credit (just like the heating credit now)so they don’t have to pay $hit.


24 posted on 03/21/2009 5:07:56 PM PDT by TC Builders
[ Post Reply | Private Reply | To 22 | View Replies]

To: D-fendr

The poor will get redistributed money to pay their energy bills.


25 posted on 03/21/2009 5:16:21 PM PDT by abclily
[ Post Reply | Private Reply | To 22 | View Replies]

To: attiladhun2

Cap-and-trade is based on a hoax and is 100% thievery.


26 posted on 03/21/2009 5:18:13 PM PDT by abclily
[ Post Reply | Private Reply | To 23 | View Replies]

To: Delacon
Al Gore and his partner, Goldman Sachs veteran David Blood, last summer acquired 10 percent of Camco, a broker of EU industrial carbon credits. The acquisition was through Gore and Blood's $5 billion UK-based Generation Investment Management LTD (GIM). A few months earlier the partners persuaded the investment board of the Church of England to put $250 million in GIM. Since then the EU carbon credit market has plummeted along with industrial output. A U.S. cap-and-trade system can be merged with the European scheme, inflating the value of Gore's coupons and giving him a captive market. Gore is close to Carol Browner, Obama’s White House energy czar. Energy Secretary Chu, like other Obama cabinet members, is a hand puppet.

The only thing “green” Obama, Browner and Gore desire is the “greenback.”

27 posted on 03/21/2009 5:26:49 PM PDT by Brad from Tennessee ("A politician can't give you anything he hasn't first stolen from you.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Delacon
The purpose of these programs is to ration fossil-based energy by making it more expensive, and therefore less appealing for public consumption. It is a regressive tax that imposes a greater burden (relative to resources) on the poor than on the rich.

The peasants, forced to live in city slums, will be herded into the cattle cars known as buses while the intellectual effete elite run about in their hybrid limos from their country dachas to the academy.

28 posted on 03/21/2009 5:43:10 PM PDT by seowulf (Petraeus, cross the Rubicon.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Delacon

I find it very annoying that most of the morons living in this country are not smart enough to figure out what is going to happen when their DemocRAT pals slap this Cap and Tax scam onto their monthly energy bill.


29 posted on 03/21/2009 5:46:28 PM PDT by FlingWingFlyer (Just being a "U.S. citizen" does not make one an American.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Delacon
You know who's going to get hit the hardest is the very constituents that Democrats supposedly care about. Especially blacks living in the Midwest - when it's cold and there "ain't no heat", who is going to help them? Certainly not the Obama administration or rich liberal elitists.

Folks if this crap passes it'll be what the shot heard around the world was to the American Revolution.

30 posted on 03/21/2009 5:49:03 PM PDT by Extremely Extreme Extremist ("President Obama, your agenda is not new, it's not change, and it's not hope" - Rush Limbaugh 02/28)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TC Builders
The Rats will include some kind of credit (just like the heating credit now)so they don’t have to pay $hit.

There won't be any money for the credits, and the middle class and regular rich aren't going to pay more. But Obama and the Dems will keep blaming the energy companies and Republicans and I'm afraid the poor are going to lap it up. What concerns me though is a lot of blacks living in inner-cities are going to get hit the hardest, and let me tell you from first-hand experience blacks do not eff around when their heat goes out in the winter.

31 posted on 03/21/2009 5:52:55 PM PDT by Extremely Extreme Extremist ("President Obama, your agenda is not new, it's not change, and it's not hope" - Rush Limbaugh 02/28)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Delacon
The looney tree-huggers and Kumbaya singers just love this kind of rhetoric. "We must sacrifice what we have for the good of the planet!" It won't work without the cooperation of the whole world.

This is simply a way to funnel billions of dollars through Washington on its way to the people in the form of a rebate. Problem is - it takes $8.00 in taxes/fees to send $1.00 to the people. The other $7.00 get stuck in Washington to pay for the bureaucracy.

32 posted on 03/21/2009 5:59:31 PM PDT by REPANDPROUDOFIT
[ Post Reply | Private Reply | To 1 | View Replies]

To: rbg81
This guy is trying to undo 233 years of history in four years.

Hell, Obama will have that accomplished in four months at the rate he's going.

33 posted on 03/21/2009 6:03:09 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Brad from Tennessee

I have been looking for something like your post for a long time! THANKS!


34 posted on 03/21/2009 6:18:41 PM PDT by WellyP (obama must go!)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Da Coyote

What a message it would send if we could get 100 million Americans to put Impeach Obama bumper stickers on their cars.

I don’t think I can survive a full four years of this treasonous communist scum.


35 posted on 03/21/2009 7:04:51 PM PDT by deannadurbin
[ Post Reply | Private Reply | To 3 | View Replies]

To: Delacon

INTREP


36 posted on 03/21/2009 7:26:55 PM PDT by LiteKeeper (Beware of socialism in America; the Islamization of Eurabia)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; george76; ...

G’night all!


37 posted on 03/21/2009 7:58:25 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abclily; TC Builders

If the poor get other folks money to pay for the increase in utility bills, that alleviates part of the political problem for the Obamites. You’re quite likely correct.

However, as you’re aware as well, taxing carbon will result in a whole string of costs, visible and invisible, to the economy.

I wonder if it is to complex a communications task to point out that energy cost increases are just the tip of the iceberg - for everyone.

thanks for your replies...


38 posted on 03/21/2009 8:14:22 PM PDT by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
[ Post Reply | Private Reply | To 25 | View Replies]

To: WellyP
Welly:
I posted this a few days ago. It's more detailed with a link.

A lot of people think Al Gore is crazy—he's crazy all the way to the bank. He's on the board of Google and other Fortune 500 outfits. David Blood and Goldman Sachs helped Gore turn his Climate Crusade into a billion-dollar cash cow. About a year ago they linked up with Kleiner, Perkins, Caufield & Byers where Gore was made a limited partner for “green” development.

KPCB is a Silicon Valley venture capital that has made billions by investing in the right start-ups. (One deal to buy 10 percent of Google in 1999 for $50 million is now worth about $10 billion.)

Gore and Blood last summer bought a 10 percent stake in Camco—a UK-based carbon credit trader and broker. Just prior to that they talked the financial board of the Church of England into investing $250 million in Generation.

The industrial slump in Europe has shrunk the value of EU carbon credits. Some analysts have warned that the whole market could collapse. Gore and Blood expect Obama and Congress to impose cap-and-trade on U.S. industry. This will lead to an emission-allowance coupon market that can be merged with the global market and give Gore and Blood an immense captive market.

Beyond that, Gore has positioned himself to be the primary arbitrator between U.S. industry and the federal government in a cap-and-trade America. Simultaneously he can sell carbon credits, rake in huge consulting fees, get paid $100,000 for a forty-minute rant on polar bears, and be a beloved celebrity and Nobel laureate.

Below is a list 2008 news stories about Generation Investment Management from their website:

2 October—Ausra Secures $US 60.6 Million in Funding

17 September—Generation Invests in New Resource Bank

8 September—UK Environment Agency Appoints Generation as Fund Manager

18 July—Gore Seeks 100% Green Energy

4 June—Green Firm Camco Gets Blood and Gore Investment

3 June—Never a Need to Sacrifice Returns

1 May—Generation Raises $683m Climate Fund

30 April—Generation Investment Management to Take Stake in New Forests

11 March—Al Gore's Fund Nears $5 billion

You can see the “green” is about the greenback.

Along with all the IPCC propaganda the UN has estimated that “greenhouse gas” associated with all domestic animal production exceeds that of the entire world transportation sector (trains, planes, cars, trucks, ships, etc.). True “Greens” eat little or no meat and don't weigh as much as Marlon Brando. I know for a fact Al Gore is addicted to hickory-smoked, barbecued pork.

Where is the news media on all this—publishing and broadcasting the press releases of doomsday Chicken Littles.

http://www.generationim.com/news/

39 posted on 03/21/2009 8:30:34 PM PDT by Brad from Tennessee ("A politician can't give you anything he hasn't first stolen from you.")
[ Post Reply | Private Reply | To 34 | View Replies]

To: Brad from Tennessee

Blood and Gore?!? Hello this is a SIGN FROM GOD!!!


40 posted on 03/21/2009 8:39:37 PM PDT by To Hell With Poverty (The War on Poverty is over. Poverty won. - Howie Carr)
[ Post Reply | Private Reply | To 39 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-45 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson