The Economic Punishment Agency

Michigan Capitol Confidential ^ | 5/6/2010 | Tom Gantert

[MichCapCon]

If President Barack Obama can't get his controversial "cap-and-trade" energy legislation passed, some experts feel he'll turn to the Environmental Protection Agency to get the same results.

The concern over the growing power of the EPA was the focus of a forum last week during the "Defending the American Dream" summit in Clarkston.

Keynote speaker Sarah Palin said that EPA stood for "Economic Punishment Agency."

Others talked about the EPA's growing power since it ruled carbon dioxide was a pollutant last year. The EPA can control through the Clean Air Act how much carbon dioxide is emitted.

Cap-and-trade legislation refers to the government controlling emissions that are tied to energy production. Companies would be allowed a certain level of emissions and then have to purchase or trade for the ability to exceed their limit.

President Obama told a San Francisco newspaper that under cap-and-trade, electricity rates would "necessarily skyrocket" and "that if someone wants to build a coal power plant, they can, it is just it will bankrupt them because they're gonna be charged a huge sum for all that greenhouse gas that is being emitted."

But cap-and-trade legislation has died, according to an analysis by The New York Times.

Now, free enterprise supporters fear President Obama may go the route of the EPA to get his agenda enacted...

[ExTexasRedhead]

“Let Us Help You Pack”

A new song from the Heartland of Colorado ! A real catchy tune!! Should be the theme song for the next few elections.
Speakers up.

http://www.youtube.com/watch_popup?v=x2G3wGVAnlQ