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Cap and Trade: The Big Con
The American Thinker ^ | July 03, 2009 | John Griffing

Posted on 07/03/2009 2:32:21 AM PDT by Scanian

Masquerading as an instrument of environmental salvation, the Waxman-Markey cap-and-trade bill will result in one of the largest seizures of wealth in human history. The legislation will wreak havoc on American manufacturing and industry, and coerce the conformity of an already economically squeezed populace. The bill is a transparent power grab, based on a fictional crisis-the left's ever-dependable threat of global warming.

But global warming is finally coming under the scrutiny it deserves. Not only are NASA satellites showing a cooling trend, but 700 scientists-to the UN's 50-have come out in opposition to the patently false claims of the global warming lobby.

Most damning, Harvard meteorologists have been unable to replicate the findings of the UN's International Panel on Climate Change (IPCC) without the use of a technique called "data-padding."[1] The IPCC actually admitted to engaging in this deceptive practice. Without this padding, the infamous warming trend falls by several degrees. In essence, the IPCC and its primary source manipulated data (dare we say "lied"?) to produce a desired result.

If global warming is a scientific hoax, a fact that now seems incontrovertible, then why have President Obama and Congress advanced such drastic and costly legislation to address this nonexistent crisis? One might conclude that HR 2454, The American Clean Energy and Security Act, exists for no other purpose than to destroy the American economy as we know it and bring it all under government control.

It's not like we don't know any better. We've been through something like this before, narrowly escaping the Kyoto Protocol's threats to US security. In its non-partisan report to study the implications of implementing Kyoto, the US Environmental Information Agency predicted a loss of between $100-400 billion in US GDP and skyrocketing energy prices.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS:

1 posted on 07/03/2009 2:32:21 AM PDT by Scanian
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To: Scanian

bookmark


2 posted on 07/03/2009 2:47:44 AM PDT by Free Vulcan (No prisoners. No mercy. 2010 awaits.....)
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To: Free Vulcan
DSC_0085sm
3 posted on 07/03/2009 3:15:25 AM PDT by Fred911 (YOU GET WHAT YOU ACCEPT)
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To: Scanian; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; SideoutFred; ...

Waxbag~Malarkey Carbon Cap Tax & Scam Ping ~ (POGW)



4 posted on 07/03/2009 3:33:56 AM PDT by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: Scanian

Wasn’t McCain’s name on this bill at one time before the election?


5 posted on 07/03/2009 5:18:05 AM PDT by stockpirate (The movement to take back America has already started, Sarah is her name.)
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To: stockpirate

I think it would be instructive to get an estimate of what it would cost the Obama’s to retrofit their very large, older home to comply with energy efficiency standards required under the cap and trade bill which is what the average American will have to do prior to selling his or her home.


6 posted on 07/03/2009 5:48:54 AM PDT by finnsheep
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To: Scanian

The environmentalists (socialists) fooled us before; and they’re doing it again.
This is just another liberal money grab scheme.
Case in point, ENRON became a huge corrupt monster through the trading of “Sulfur Emmission Credits”, forced by the Clean Air Act.
We all know how that turned out.


7 posted on 07/03/2009 7:15:55 AM PDT by BuffaloJack (Obama = Trickle Up Poverty)
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To: BuffaloJack

Yes we do - know how Enron turned out.

Where can I find the info about:
the empty trading this will promote - of CO2 emissions credits

How will Algore personally financially benefit....not to mention Goldman Sachs and others in the financial scam business.


8 posted on 07/06/2009 10:00:20 PM PDT by Freedom'sWorthIt
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To: Scanian; rdl6989; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
 


Beam me to Planet Gore !

9 posted on 07/07/2009 4:29:53 AM PDT by steelyourfaith ("The problem with socialism is that you eventually run out of other people's money" - Lady Thatcher)
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