Posted on 05/15/2009 6:32:14 AM PDT by reaganaut1
This week Congress is set to release the details of the Waxman-Markey American Clean Energy and Security Act, a bill that purports to combat global warming by setting strict limits on carbon emissions. [...] But it's clear to me that the nation, and in particular Indiana, my home state, will be terribly disserved by this cap-and-trade policy on the verge of passage in the House.
The largest scientific and economic questions are being addressed by others, so I will confine myself to reporting about how all this looks from the receiving end of the taxes, restrictions and mandates Congress is now proposing.
Quite simply, it looks like imperialism. This bill would impose enormous taxes and restrictions on free commerce by wealthy but faltering powers -- California, Massachusetts and New York -- seeking to exploit politically weaker colonies in order to prop up their own decaying economies. Because proceeds from their new taxes, levied mostly on us, will be spent on their social programs while negatively impacting our economy, we Hoosiers decline to submit meekly.
The Waxman-Markey legislation would more than double electricity bills in Indiana. Years of reform in taxation, regulation and infrastructure-building would be largely erased at a stroke. In recent years, Indiana has led the nation in capturing international investment, repatriating dollars spent on foreign goods or oil and employing Americans with them. Waxman-Markey seems designed to reverse that flow. "Closed: Gone to China" signs would cover Indiana's stores and factories.
Our state's share of national income has been slipping for decades, but it is offset in part by living costs some 8% lower than the national average. Doubled utility bills for low-income Hoosiers would be an especially cruel consequence of the Waxman bill.
(Excerpt) Read more at online.wsj.com ...
ping
“Indiana said “yes” in voting for Obama.”
We are trying to forget that.
Anyway, go Mitch! In Indiana, we get over 90% of our electricity from coal. That would hurt.
“The truth shall set you free”.
Once people are educated about all this evil nonsense, they will reject it.
The key is getting people educated and aware.
whoo hoo! I like the language.
Indiana get 95% of it’s electricity from coal powered generating plants, and the unemployment is over 10% and climbing.
Holy cow!!!
This is the type of ‘push-back’ that we need against the radical policies of the Pelosi’s, Reid’s and Obama’s currently dragging us down the road to socialism...
Indiana’s Governor should continue to stand tall.
There are plenty others out there right now. Perry in Texas, Jindal in Louisiana, Palin in Alaska.
Obama and the Democrats want to cram their radical agenda down our throats before we realize what it truly means...
STAND TALL GOVERNORS!!!!
We’re building a windmill this fall which will provide all the electricity the out buildings will need, also installing a tankless water heater this summer. Got the wood pile started for wood heat.....Country folks DO survive.
Notice that we still have a Republican Governor. Even tho people elected to be "part of history"(right or wrong) they have not completely lost their minds here yet.
bump
As to Indiana voting 'yes' for Obama - I've said this before and I'll say it again....Obama only won Indiana by 28,000 votes. That's it - just 1%. And there was massive voter fraud in both Marion and Lake Counties which is still under investigation. More than half of this state DID NOT GO for Obama!!!!!!!!!!!!
What are you gonna do when the wind is not blowing????? Which is ~70% of the time.
Most importantly, we are out to be the world leader in making clean coal -- including the potential for carbon capture and sequestration emphasis added
The best way to "sequester" carbon is living things. I have literally hundreds of tons of sequestered carbon in my yard, my grass, my trees, the two deer running through it this morning.
I firmly believe that even if some new, cheap, clean (whatever the heck that really means) energy source were found, that the environmentally responsible thing to do would be to dig up all the coal, oil, and natural gas and burn it anyway, thus releasing all that trapped carbon back to the biosphere where it can turn into living things.
By the grace of God, I live in an area in the hills of southern IN, where we have almost continuous air movement. Plus, the generator has storage for several hours of power.
Yep. Hubby and I have been trying to figure out how we were going to survive next winter if this thing passed. We would have been hit easily with $1,000+/month gas bill, which we simply can't afford. The thing I would change in Daniel's comments is his use of the word 'meekly'. He should have used the words we decline forcefully! JMO.
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