Carbon Scam Ping - (POGW)
Posted on 02/26/2009 9:45:34 AM PST by Fractal Trader
President Barack Obama's budget includes hundreds of billions of dollars in revenues from a greenhouse gas emissions trading system, an administration official said on Wednesday.
The revenues from the system would be spread out over many years starting in 2012, the official said.
Obama wants to help fight climate change by capping emissions of greenhouse gases such as carbon dioxide, or CO2, from big industries and allowing them to trade rights to pollute. Such systems are commonly called "cap and trade."
(Excerpt) Read more at uk.reuters.com ...
I guess in that respect, it's kind of like AIDS research.
ping
Just another tax.
At least this one is not unfairly targeted on the productive.
Liberals are so stupid.
Wow! By raising hundreds of billions of dollars in revenue from Big Industries, it’s almost like finding free money! [/s]
“At least this one is not unfairly targeted on the productive.”
LOL!
The CO2 BS exchange or market is in...Chicago!
Just like the CBOE (options) and CME (mercantile) both used to wreck the stock market in October to elect Obama.
Sure it will make a difference... it will fund more ear-marks. ;-)
The Fox Business Channel anchor said this morning he was “re-reading Atlas Shrugged”. How appropriate.
This is also to enrich his cronies.
“Democratic congressional leaders should abandon their plans to rush another giant spending increase through Congress without public scrutiny, and instead pass a clean bill that freezes spending at current levels. Republicans stand ready to work with our Democratic colleagues and the President to take this first step toward a new standard of fiscal discipline in Washington..” –House Minority Leader John Boehner (R-OH)
“We have been on an incredible spending spree, though. We’ve spent, in this new administration, 32 days, $36 billion a day. If you add all that up, that’s as much as the previous administration spent over seven years on both the war on terror and the recovery from Katrina.” Senate Minority Leader Mitch McConnell (R-KY)
Senate Republicans also held a press conference to demand an end to the Democrat spending spree (video).
This will be a big payday for Al Gore! Follow the money and you will find that Gore is exposed to the extreme in carbon credits!
So, it's okay to pollute but it will cost you?! How nice! In other words, as long as the government is making money screw the environment. What a bunch of hypocrites!
Aside from the fact the man-made global warming is a hoax, Obama’s tax will result in businesses cutting back or closing, higher unemployment and less tax revenue.
Carbon Scam Ping - (POGW)
Severely limit and destroy heavy industry in this country, that will surely grow the revenues coming into Washington. As well as put countless Amerikuns back to werk, fer sher!
And let me guess, ALGORE just so happens to have a firm of “consultants” immediately available to handle these transactions. (For additional 25% of the gross.)
I can just smell the PROSPERITY already!
If this actually passes, I think I’ll start up a new consulting business, helping people start up Cap & Trade Facilitation companies.
How hard could it be?
there are already liberals making big bucks from utility companies, shareholders and customers
by trading nothing for something in regional cap and trade schemes
BOHICA
Generating electricity isn't productive? You'll being paying higher rates for your power...and food.
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