Posted on 06/27/2009 12:01:38 PM PDT by NormsRevenge
What prevents other countries from bidding up the price of a carbon credit, to the point that we cannot afford our own energy, and our industries cannot compete with imported manufactured goods?
What if China simultaneously dumps all of their treasury notes and trades them for American carbon credits? What then?
The trouble is that they're digging 'em big enough for all of us.
When the definition of "rich" descends to households earning $100K/year, Obama's ratings will fall below 35%.
Any spare cash I have after paying bills is going into canned goods and ammunition.
The only thing it’s sure to spur is higher energy cost and loss of jobs.
Even when government pulls out all the stops, makes money no object, and creates things like the Manhattan Project, it can’t just conjure revolutions out of thin air. If it had not been for Einstein in 1905, the fabrication of superconductors, the discovery of the neutron, the splitting the atom in the ‘38, or figuring out U-235 uranium, our government would have been up crap creek.
Scientists came up with nuclear power on their own (albeit supported by universities and private money). All FDR did was buy a lot of stuff for them to put it together.
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