bambi really is a nightmare..an idiotic nightmare
C02 is not a pollutant!
[an ambitious plan to raise $646 billion from a carbon reduction proposal]
Call it what it is! I MASSIVE tax increase!
That makes it the same as a tax, paid by every person who uses electricity or any other energy.
It's not taxing the energy producers as they pass it along to the consumers.
He's trying to make it sound like it's new money coming from out of nowhere, but actually he is just re-taxing the same people....taking water from the deep end of the pool and putting it into the shallow end hoping to increase the depth at the shallow end.
Liberals never learn that for every action there is an equal and opposite reaction.....they never consider the consequences of what they do.
That's how California got in its mess and all the rest of us will end up chipping in
You can't keep taking money from producers/workers/innovators and giving it to non-productive/counterproductive people and expect anything good to result.
Profitable like ethanol is "profitable" because Fedzilla subsidizes its production.
Think America, he spends $15 billion on alternative energy.
And then taxes our existing energy a whopping $645 billion!!
Get the picture? Less energy. Higher prices. Leftist insanity.
“Because our future depends on our ability to break free from oil that’s controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy,” Mr. Obama said
nobama must think we’re all fools.
With cap and trade he will raise the price of energy we use now (coal, gasoline, diesel, etc.) to such a high price we’ll be begging to buy a plug-in car or put solar panels on our roof or a windmill in our backyard.
What a ridiculous non-starter of an idea.
Do all the energy intensive stuff on your life’s “to do” list ASAP. Once this POS kicks in, you’ll be lucky to get to work each day and the grocery once a week. And with your home thermostat set to 60, if not lower, in the winter, get used to huddling.
This is just total BS. Hard to believe our populace is falling for this.
Companies do not pay taxes. They pass the cost of taxes on to their customers. So Wal*Mart charges me an extra $20 for groceries because of cap and trade. And then nobama give me a "tax cut?" This is insane!
What about domestic energy crippled by a Domestic Dictator?
Could we break free from that jerk too?
Now the government will have a vested financial interest in ensuring that industry continues to emit CO2.
This doesn't discourage foreign oil as much as it discourages domestic oil, coal, and natural gas. It also makes so many manufacturing facilities worth more dead than alive—watch for corporate raiders to buy up manufacturing plants just so they can trade off the carbon emissions. Hey, GM may be worth something after all.
Maybe the Secret Service will arrest Obama next time he snorts a line. The dude is either on drugs or listening to Biden.
Reparations on deck.
Expect it to be hit out of the park.