Cap and trade: which part of ‘We can’t afford it’ doesn’t Obama understand?


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Cap and trade: which part of ‘We can’t afford it’ doesn’t Obama understand?
06.26.09 (8:59 am)   [edit]

Wakey wakey America: nightmare day is here. The day when the House of Representatives votes on probably the most pointless, damaging, wrong-headed and suicidally dumb piece of legislation since…

Well I was going to say Prohibition, but even Prohibition had a certain twisted logic to it. (You know: “Daddy, why does your breath smell funny? Why do you keep hitting Mom? Why’s there no money for food again this week?” etc. I’m not saying I’m persuaded by this argument but at least you can concede the Temperance movement had one).

So that must mean then that the Climate Bill - aka Waxman-Markey after the two, rather sinister-looking representatives who wrote it - being pushed through the House today is quite simply the worst piece of US legislation in living memory. And possibly beyond.

Why? Well at the cost of the biggest tax increase in American history, it will achieve precisely zilch.

(Actually, not quite zilch. There are one or two people who are going to be doing very nicely out of it, from the Libtard apparatchiks and Algore fellow travellers who’ve invested in the right carbon-trading companies to all those vested interests in the Mid-West who have been bought off with the inevitable pork barrelling concessions designed to ease the bill’s awkward passage.)

According to an analysis by the Heritage Foundation the Waxman-Markey bill -  whose centrepiece is a tax on carbon emissions, often known as “cap and trade” because it sounds innocuous and no one understands what it means - will by 2035 reduce aggregate gross domestic product by $7.4 trillion. (That’s more than 6 times the projected cost of President Obama’s ENTIRE universal healthcare programme).

But the misery doesn’t end there:

“In an average year, 844,000 jobs would be destroyed, with peak years seeing unemployment rise by almost 2 million.”

“Consumers would pay through the nose as electricity rates would necessarily skyrocket, as President Obama once put it, by 90% adjusted for inflation. Inflation-adjusted gasoline prices would rise 74%, residential natural gas prices by 55% and the average family’s annual energy bill by $1,500.”

And how exactly will the world benefit from this swingeing tax on the stuff every one of us breathes out every minute of day?

“According to an analysis by Chip Knappenberger, administrator of the World Climate Report, the reduction of U.S. CO2 emissions to 83% below 2005 levels by 2050 — the goal of the Waxman-Markey bill — would reduce global temperature in 2050 by a mere 0.05 degree Celsius.”

There’s ‘no debate on carbon pollution’ jeopardizing the planet, claims President Obama, who clearly gets all his information from the liberal broadcast media and the dead tree press, both of which for reasons known only to themselves cleave to the Al Gore “Anthropogenic Global Warming” meme like cognitive dissonant rats to a sinking ship.

Out here in the real world, meanwhile, there are fewer and fewer of us who want any more of their money of wasted on this bizarre eco-fascist fantasy. It was an exciting and novel distraction in the good old days when we still felt rich and a bit guilty for being rich and wanted to devise new ways of punishing ourselves for our (perceived) eco sins. But not any more. We haven’t the money to bribe the Third World to reduce its carbon emissions; nor are our economies nearly strong enough to absorb the burden of green taxation and zealous  and intrusive green legislation.

What’s more, the science is increasingly with us. Today I shall be praying with all my heart that Waxman-Markey dies the death it so fully deserves. So too will everyone else in the world who values liberty, a healthy global economy and plain common sense.

Melt the phones, people.  We cannot allow this Obomanation to pass!!

The Telegraph

Waxman-markey pre-liminary head-count as of Thursday afternoon (courtesy Myron Ebell):

218 needed to win…

Yes

Yes = 175
Leaning Yes = 35
TOTAL = 210

Undecided = 20

No

No = 190
Leaning No = 14
TOTAL = 204

Undecided or Won’t Say:

Kirkpatrick Az
Boyd Fla
Brown Fla
Bishop Ga
R Kirk Ill
Foster Ill
Donnelly Ind
R Jones NC
McIntyre NC
R Frelinghuysen NJ
Tonko NY
Arcuri NY
Space Ohio (he voted for it in committee)
Carney Penna.
Davis Tenn
Al Green Tex
Jackson Lee Tex
Ortiz Tex
Eddie Bernice Johnson Tex
Kind Wisc

Leaning Yes:

Mitchell Az
Cardoza Calif
Costa Calif
Baca Calif
R Castle Del
Grayson Fla
Meek Fla
Kozmas Fla
Abercrombie Hi
Bean Ill
R Cao La
Kratovil Md
R Ehlers Mich
Kildee Mich
Schauer Mich
Peters Mich
Clay Mo
Skelton Mo
Thompson Miss
Shuler NC
Adler NJ
Lance NJ
Meeks NY
McMahon NY
Murphy NY
R McHugh NY
Maffei NY
Driehaus Ohio
Fudge Ohio
Kilroy Ohio
Cooper Tenn
Edwards Tex
Rodriguez Tex
Nye Va
Kagan Wisc

Leaning No:

Salazar Colo
Marshall Ga
Boswell Iowa
Minnick Idaho
Halvorson Ill
Etheridge NC
Kissell NC
Massa NY
Kaptur Ohio
Boccieri Ohio
R Gerlach Penna
Hinojosa Tex
Mollohan WV
Rahall WV

 


posted by: barnabus1 (reply)
post date: 06.26.09 (8:47 am)

It's becoming irretrievably corrupt!!
Don't suppose you witnessed ABC's "town hall" meeting? 100% pro Obama Health program, allowing NO Dissent!!!
Government sponsored news only!! like Russia, China N. Korea!! My 2 questions to ABC Where you going to get the ddoctors for the added 10 million people, when offices are crowded now? Where you getting the money, when this will make Medicare look like a dollar store? ABC - All Barak Channel Totally in the tank for Obama!!!!

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