Posted on 06/30/2009 10:45:05 AM PDT by luckybogey
As a follow up to my previous posting (Cap n Trade Bill: Where Will You Be When The Lights Go Out?), I have been reading the cap n trade bill. I know that I'm not the smartest person however I majored in Economics and I still don't understand this bill. How can an American be taxed on individual carbon usage based on some complex formula that depends on a tree being cut in a jungle in Brazil or how many trucks are on the road in India at any given time, not to mention the Chinese industrial output.
This bill is very complicated for the average American. The devil is in the details and the Dems know the American population cares more about Michael Jackson's death than carbon credits. One day the American people will wake up and won't be able to recognize our once great country from another euro socialist country.
Yesterday, a caller on Rush's show mentioned that included in the cap n trade bill is a provision for a home inspector to evaluate a home's energy efficiency and this bill includes the California mandates. If an older home does not have upgraded appliances, green windows/insulation, etc., the home may not be sold until the "green" upgrades have been completed. The socialist/dems cap n trade bill is nothing more than a copy cat grand experience from the European socialist...
Below are the first notes/sections that I have reviewed of the proposed socialist tax bill. The 1st section below contains my first notes/review from the 108 page HR2454 Analysis Appendix (pdf) of the bill:
Page 56: This analysis is a cost-effectiveness analysis, not a cost-benefit analysis. As such, the benefits of reducing GHG emissions were not determined in this analysis...
(Excerpt) Read more at luckybogey.wordpress.com ...
As I’ve said here before, Cap N Tax is irresistable for liberals.
Huge new money to spend, and all the blame will go to the poor b*stards forced to collect the money: manufacturers, utilities, energy companies, etc.
Can’t you just envision some liberal congressman ragging on big oil, big coal, etc as utility costs skyrocket?
I wonder if it’s even legal for your utility to itemize the added costs of carbon caps on your future bills?
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