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Betrayed by Congress with the Cap-and-Trade Bill
National Anxiety Center ^ | Alan Caruba

Posted on 06/27/2009 1:20:07 PM PDT by NoobRep

Betrayed by Congress with the Cap-and-Trade Bill South Orange, NJ Saturday, June 27, 2009

By Alan Caruba

Mark it on your calendar, June 26, 2009 was the date that the House of Representatives betrayed every American in the name of saving the nation and the Earth from global warming.

It was the day that 219 Representative voted for the obscenely misnamed "American Clean Energy and Security Act of 2009" Only eight Republican members of the House voted for it and 44 Democrats voted against it.

The bill, some 1,200 pages, was not read by those men and women voting on it because they were not permitted the time to do or have their staffs do it. The co-author of the bill, Rep. Henry Waxman, admitted that even he did not know its full contents.

The vote was not based on science, on economics, or simple common sense. It was an exercise in raw political power exercised by the Speaker of the House and her minions.

The bill puts limits on the generation of "greenhouse gases", primarily carbon dioxide, setting up an elaborate scheme for the sale and trade of so-called carbon credits that will ultimately be the equivalent of the bundled housing mortgage securities that produced the present threat to the nation's financial system. It is a get-rich scheme that will benefit a few while penalizing every American with higher costs for electricity.

The limits are justified by the claim that the Earth is dramatically warming due to too much carbon dioxide in the atmosphere. The Earth has been cooling for the last ten years and is predicted to continue cooling for thirty years or more. Carbon dioxide plays no role in the warming or cooling of the Earth.

The bill is a direct attack on the nation's coal industry. Fifty percent of all the electricity generated nationwide comes from coal-fired plants. The U.S. has deposits of coal sufficient to meet the nation's needs for hundreds of years. It is cheap and it is abundant. No new coal-fired plants will be built in America in the foreseeable future. Coal that is not utilized here will be exported to China, a nation that is building new coal-fired plants and opening them on a weekly basis to meet its need for power.

The bill also allocates billions for the development of the two worst, most inefficient and unpredictable sources of electricity, wind and solar energy. Presently, these represent barely one percent of all the electricity generated in the nation. There is no way, nor should they be, they can replace coal, natural gas, and nuclear energy as a source of electricity. They are also the alleged source of "green" jobs.

As for "security", a nation that cannot access its own sources of energy, coal, oil and natural gas, has no security if it must import them from other nations, some of whom are hostile to our values and system of government. The bill puts our fate in the hands of nations that support the goals of Islamic global domination. It puts the nation at the mercy of men like Venezuela's Hugo Chavez and explains why President Obama made a deep bow to a Saudi prince earlier this year.

The bill must now go to the Senate where it is hoped that the upper body, though controlled by Democrats, will ensure it does not move on to the desk of the President.

If it passes in the Senate, the beginning of the actual decline of America as a great economy will be dated June 26, 2009.

Without abundant power, electricity for our homes, offices and factories; without gasoline for our cars and trucks, America will become a failed nation.

Caruba, the founder of The National Anxiety Center, blogs daily at http://factsnotfantasy.blogspot.com

Alan Caruba Founder The National Anxiety Center South Orange, NJ 973-763-6392


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: 111th; betrayal; cap; capandtrade; hr2998; trade
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To: Hoosier-Daddy

The whole premise of this bill is fallacious. There is no Global Warming, and until the world runs out of oil, gas, coal and nuclear, those energy sources will be cheaper than alternatives. Where is the security in that?


21 posted on 06/27/2009 2:10:24 PM PDT by Hoosier-Daddy ("It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Hoosier-Daddy
The Dems are doing everything they can to destroy our country.

Since the majority of the American people support the Democtrats, how will it ever get fixed?

If enough Democrats were to see the light to leave the anti-American side, I still want to know how we would fix it. Once these things make it into law, they just eat away at the engine forever.

I would like to see those eight Republicans lose in 2010.

22 posted on 06/27/2009 2:18:02 PM PDT by stevem
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To: NoobRep

Pelosi should not only be drummed out of Congress; she should be jailed for getting a bill voted on that doesn’t really exist.

Jail to Pelosi.


23 posted on 06/27/2009 2:31:10 PM PDT by freekitty (Give me back my conservative vote.)
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To: Hoosier-Daddy

If we can discover why liberals think the way they do, we’ll be able to unravel the mystery behind why whales beach themselves.


24 posted on 06/27/2009 2:38:02 PM PDT by Lorianne
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To: Lorianne

Anyone who voted for this bill is to be voted out of office!


25 posted on 06/27/2009 2:50:50 PM PDT by sheikdetailfeather (The Taxman-Malarky Bill Is War On America!)
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To: NoobRep

Pompus a##es who are not listening to “WE THE PEOPLE” will ultimaltley get them a shopping cart a card board box and a place on the unemployment line. 2010 enjoy the view parasites it’s closer than you think and “we the people” do not forget!


26 posted on 06/27/2009 6:12:26 PM PDT by ronnie raygun
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To: ronnie raygun

This isn’t about the enviroment, it’s about CASHING IN and inserting more gov’t control on out lives.

GE (which ownes “green energy” technology and plants) stands to make between one to two TRILLION DOLLARS in government contracts if this legislation comes to fruition.

It’s a perfect scam. GE owns NBC, CNBC, and MSNBC. They, and their co-horts in the MSM (remember ABC’s “Earth 2100” and other eco-disaster films/documentaries) generate a crisis, scares the public, pass out the lobby checks, supports the “green” movement and presto...gov’t steps in with a sweeping cap-n-trade bill.

GE, and other companies, make money while gov’t gets more control over the populace.....BRILLIANT.

Even a Ferengi would be impressed.


27 posted on 06/28/2009 9:04:51 AM PDT by ak267
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To: NoobRep

bump


28 posted on 06/30/2009 1:36:37 PM PDT by ropin71 (God Bless our Troops!)
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