Posted on 03/01/2009 11:48:02 AM PST by Delacon
The Climate Security Act, also known as Cap-and-Trade or the Lieberman-Warner Bill was being debated in the US Senate last year and came close to becoming law. For a bill that will literally ruin our economy forever, it did not get near the attention it deserved.
Thanks to a Republican filibuster by Senator Mitch McConnell, Jeff Sessions, Larry Craig and a promise of a VETO by former President Bush it was stopped, but after the election everyone can expect it to raise its ugly head again. Hillary Clinton, Barbara Boxer, Patrick Lahey, Harry Reid, Nancy Pelosi, Joe Biden, Barack Obama, John Warner, Joe Lieberman, every liberal global warming nut in the world and even John McCain all support the bill.
A Breakdown of the nearly 9000 page bill and all of the itemizations contained in it are available at this link:
The bill allows the US Government to set limits on how many carbon atoms businesses may expel into the environment but the bill does not necessarily differentiate between large and small companies, it treats farms, oil refineries, local utilities and manufacturing plants all the same.
Sure each one will have carbon footprint restrictions available to them based on their output but all businesses no matter their product or service will end up paying for carbon offset credits and those costs will be passed on to the consumer.
If the bill passes in the future each American family will need to have an extra $16,989.49 in the bank to pay for it. The confusing thing is that independent non-partisan tax watchdog organizations like the National Tax Payers Union and government agencies like The Department of Energy, Government Accounting Office and even the Environmental Protection Agency all have detailed to the costs of the bill and yet
(Excerpt) Read more at canadafreepress.com ...
Bkmrk
BUMP!
Not “Could bring the economy to it’s knees”, but WILL bring the economy to it’s knees.
Obama's election is that same nightmare, except it has become reality thanks to corrupt media and a stupid populace.
Is it dated 1984?
Is the title “Last Nail In Coffin”?
Is Lucifer a co-sponsor?
...so many questions, so few bullets.
Wow ... a 3fer:
First we get the Scam known as ‘subprime mess’.
Then we get the Scam known as Obama.
Now we’ve got the ‘Oil for food’esque scam Cap-and-Trade.
2010 must be declared ‘The Last Chance Election’ before it gets any worse!
Unfortunately, most of your Dem electees don't even know their powers include only those "just powers derived from the consent of the governed"! nor do they believe in the capitalist system (a communist system might be preferred by many of them). And there's a strong RINO streak in the global alarmist camp as well. And most are functional economic illiterates like Obama! so...my guess would be their answer will be 'NO'.
...and for a while he's the President of the United States of Entertainment. But, and I may be out of line here, he's not President of the rest of us! He's PRES_ENT Obama (without the ID).
ahhhh, so that's why they attacked Craig! Here's hoping there's room for another filibuster, for as long as it takes, 'til the Last Chance election of 2010 if necessary!
will definitely bring the manufacturing economy to a halt in the usa. Now as to the service economy....just because there won't be anymore electricity doesn't mean that McDonalds won't figure out a way to make fire, so the burger flippers and MacAttack addicts won't keep going is just too much to believe. /sarc
No, I don’t want it. It makes no sense. What also makes no sense is the idea of per capita “carbon footprint” rationing, as in the Kyoto accord. Hey, we can pay the Chinese for our fossil fuel usage, while they escalate theirs through the roof!
The “trade” part of “cap and trade” ultimately depends on selecting some such recipient on an arbitrary basis.
I think that this is Obama’s throw away item at least for this year.
Hey, it will put the residents of the northern states back in the deep freeze during winter - preserve the natural climate from all those people who want toasty warm homes to escape to in the winter. What a cosmic joke. 0bama to NE libtard constituents: Pay up or freeze!
The Climate Security Act, also known as Cap-and-Trade or the Lieberman-Warner Bill....every liberal global warming nut in the world and even John McCain all support the bill. Well, what were you expecting from a flaming liberal nut like McCain? |
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Came across this Obama quote today(ht National Review).
“Under my plan of a cap and trade system electricity rates would necessarily skyrocket, even, you know, regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gases, coal powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers”.
You're right. This is what I think the strategy needs to be.
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