Calculate your one-day Carbon Belch !
Posted on 06/02/2008 8:03:59 PM PDT by CedarDave
With average gas prices across the country approaching $4 a gallon, it may be hard to believe, but the U.S. Senate is considering legislation this week that will further drive up the cost at the pump.
The Senate is debating a global warming bill that will create the largest expansion of the federal government since FDR's New Deal, complete with a brand new, unelected bureaucracy. The Lieberman-Warner bill (America's Climate Security Act) represents the largest tax increase in U.S. history and the biggest pork bill ever contemplated with trillions of dollars in giveaways. Well-heeled lobbyists are already plotting how to divide up the federal largesse. The handouts offered by the sponsors of this bill come straight from the pockets of families and workers in the form of lost jobs, higher gas, power and heating bills, and more expensive consumer goods. [We Don't Need a Climate Tax on the Poor] Corbis
Various analyses show that Lieberman-Warner would result in higher prices at the gas pump, between 41 cents and $1 per gallon by 2030. The Congressional Budget Office (CBO) says Lieberman-Warner would effectively raise taxes on Americans by more than $1 trillion over the next 10 years. The federal Energy Information Administration says the bill would result in a 9.5% drop in manufacturing output and higher energy costs.
Carbon caps will have an especially harmful impact on low-income Americans and those with fixed incomes. A recent CBO report found: "Most of the cost of meeting a cap on CO2 emissions would be borne by consumers, who would face persistently higher prices for products such as electricity and gasoline. Those price increases would be regressive in that poorer households would bear a larger burden relative to their income than wealthier households."
(Excerpt) Read more at online.wsj.com ...
Mark Levin talked about this on this evening's (Monday) show. The legislation will drive what heavy industry is left in the country overseas. Many manufacturing jobs will be lost, especially high paying, skilled union jobs. If nothing else, union workers should understand this will do nothing for the environment but likely will cost them their livelihood.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Warner is a piece of excrement.
Look at American Axle near Buffalo, they struck, now the plant closes. Poooof, noyob. Kinda makes you wonder what the Unions are smoking these days. Oh I KNOW, the thugs are collecting dues and jetting off to Vegas!
Say a prayer for men like Senator Inhofe from Oklahoma who wrote this article. They need it.
This global warming balogna has taken off out of nowhere, and it seems like it crushes anyone in its way.
I wonder what would happen if there was a Ten Million American March on Washington?
i subscribe to the wsj and i told a liberal-socialist-tv viewer friend about
this bill and she did not believe me!
i’m serious.
tv people are completely brainwashed.
The Global Warming Balogna takes off, because critical thinking skills have not been taught in the government schools for the last 20-30 years.
(but we sure have a whole lot of “educated” graduates who sure feel good about their ignorance)
An indoctrinated public who knows the “correct” responses to key words and tricky phrases is easier for the powers-that-be than a critical thinking free American.
I bet it would get some attention, and it is long overdue! Foreign countries put America to same in this area, their rallies draw millions! If only.......
Up next on the table a tax on the air we breathe - How are the taxes in Chile? maybe I’ll move there
and how exactly is a global warming tax going to stop global warming? its just another way to collect money to line their pockets and never work towards solving the problem anyway. just like the big tobacco taxes.
I wonder what would happen if there was a Ten Million American Hunter March on Washington???
Nicely stated.
We stopped that “reform” bill about illegal immigration.
It’s time to flood Washington with emails and phone call about this incredible piece of garbage.
Pay your fair share. :D
It's not just "the poor" anymore. In my state the housing slump combined with the gas increase is threatening bedroom (commuter) communities that were established when gas was relatively cheap. A further tax on gasoline could really put the nail in the coffin.
There's very little pretense left of representation in Washington.
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