Posted on 06/30/2009 7:32:49 PM PDT by La Enchiladita
The House passed a sweeping energy and global warming cap and trade bill Friday. This bill, titled “America’s Clean Energy and Security Act,” or better known as Waxman-Markey, is the Democrats’ answer to the worst recession in decades: a national energy tax -- a tax designed to impose economic pain through higher energy prices and lost jobs. .....
The fact is that the Waxman-Markey bill is just the latest incarnation of costly cap-and-trade legislation that will have a devastating impact on the economy, cost more American jobs by pushing them overseas and drastically increase the size and scope of the federal government. Here in the Senate, we have successfully defeated cap-and-trade legislation in 2003, 2005, and most recently in 2008. Now, just a year later and with the economy in a deep recession, it is hard to believe that many more senators would dare vote in favor of legislation that would not only increase the price of gas at the pump, but cost millions of American jobs, create a huge new bureaucracy and raise taxes by record amounts.
....my Democratic colleagues desperately want to pass this bill...argue that cap-and-trade is necessary to rid the world of global warming and to demonstrate America’s leadership on this noble cause. But their strategy is all economic pain for no climate gain.
.....Carbon caps, according to reams of independent analyses, will severely damage America’s global economic competitiveness, principally by raising the cost of doing business here relative to other countries that have no mandatory carbon policies. So jobs and businesses will move overseas, most likely to China. This so-called “leakage effect” would tip the global economic balance in favor of China and other strategic competitors of the U.S. ...unilateral action [that] redounds to the benefit of China and to the detriment of the U.S.
(Excerpt) Read more at humanevents.com ...
The biggest scam in the history of the word.
Gimmie yo' stuff, muthaf.....
Reparations in spades.
I tell ya, it was one beautiful day here; the weather seems to be improving, so bring on the “global warming.” Let’s have more of it. Flush crap-and-trade down a REAL flush toilet!!!:)
Good picture.
What’s next? Well, it can’t be treason....they already did that.
I absolutely totally agree with you, have been saying the same since I listened to Prager’s interview with Sen. Kyl yesterday. The few senators on our side will have to use every procedural trick in the book to keep the House bill out of committee!! See my posts.
Amen!
Given the spineless RINOS who talk a good game, this is as good as signed into decree. It is proven calls from peons do not even come close to Soros money or Dem blackmail.
Either elected Republicans are too stupid to realize they are being hosed or they are truly the most spineless individuals on the planet. What a choice: Represented by stupidity, timidity and incompetence.
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