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Obama: Economy plan means lower power bills
msnbc/ap ^ | 24 Jan

Posted on 01/24/2009 5:59:10 AM PST by flowerplough

President Barack Obama on Saturday laid out more pieces of an economic plan he says would add 3,000 miles of electrical lines, increase security at 90 ports and double the United States' renewable energy capacity within three years.

It was the latest appeal from the new president for a massive spending bill designed to inject almost a trillion dollars into a flailing U.S. economy and to fulfill campaign pledges. As members of Congress consider an $825 billion plan and Obama woos them, his White House released a radio and Internet address directed at voters who want answers.

( ... )

Along with the speech, Obama's economic team released a report designed to outline tangible benefits of the plan and shore up support. Aides said they wanted people to understand exactly what they could expect — more schools, lower electricity bills — if their members of Congress supported the proposed legislation.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS: 111th; bho2009; bho44; bhoeconomy; bhoenergy; lyingfool; portsecurity; powerlines
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Obama, to San Fran Chronicle, January, 2008: " When I was asked earlier about the issue of coal… under my plan of a cap and trade system, electricity rates would necessarily skyrocket… even regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gasses, coal power plants, natural gas…you name it…whatever the plants were, whatever the industry was, they would have to retro-fit their operations.

That will cost money…they will pass that money on to the consumers. You can already see what the arguments are going to be during the general election. People will say Obama and Al Gore …these folks...they're going to destroy the economy.

This is going to cost us 8 trillion dollars or whatever their number is. If you can’t persuade the American people that, yes, there is going to be some increase on electricity rates on the front end, but that over the long term, because of combinations of more efficient energy usage and changing light bulbs and more efficient appliances, but also technology improving how we can produce clean energy that the economy will benefit. "

1 posted on 01/24/2009 5:59:11 AM PST by flowerplough
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To: flowerplough

Thus saith President Zero.


2 posted on 01/24/2009 6:03:49 AM PST by A. Morgan (Yikes! Are we in serious trouble, yet, or what?)
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To: flowerplough
Cap and trade=environmental tax on energy producers
We Marylander already have this thanks to a “Regional Greenhouse Gas Initiative”

which is busy staffing its NYC office with high paid liberal activists and lobbyists getting rich on money extorted from OUR utility companies in “carbon auctions”

NO WAY anyone’s electric bills will cost less with these new business operating burdens and regulations ((new taxes) imposed global warming ideologues (who are untouchable via the voting booth, btw)

yet another lie

3 posted on 01/24/2009 6:05:07 AM PST by silverleaf (Fasten your seat belts- it's going to be a BUMPY ride.)
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To: flowerplough

I’m starting to think Obama’s plan is more nefarious in an outright attempt to bankrupt us completely so we will be prime for Communism or Islam. One of the two.


4 posted on 01/24/2009 6:05:11 AM PST by autumnraine
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To: flowerplough

Increase security at 90 ports. Ending the WOT by shutting down Gitmo, ending rendition, ending waterboarding.

Why bother with increasing security at 90 ports???


5 posted on 01/24/2009 6:05:39 AM PST by bergmeid (2012 - someone please fast forward.)
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To: flowerplough

More power lines? Like saying more wheels on my truck saves on gas money... Yet another pork bridge to nowhere. He is no President, he still is a Senate stooge.


6 posted on 01/24/2009 6:06:03 AM PST by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
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To: autumnraine

Existence failures like himself can only wish to wage failure and suicide around as a cult, especially in light of his narcissistic belief he is a god and we that we are subzeroes he hates.

The media still won’t dare try him on his hypocrisy and middle fingering America and those who voted for him. But if Hillary and McCain can take it, I think RINOs and what not must think we should too. ah the “humanity”.


7 posted on 01/24/2009 6:11:25 AM PST by JudgemAll (control freaks, their world & their problem with my gun and my protecting my private party)
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To: flowerplough
Economy plan means lower power bills..

That is not only absolute garbage, but one of the biggest and most outright lies that I have ever heard since the National Socialist Workers Party told the Jews that they were going to be “relocated.”

I'm pretty sure that most people will believe this until they actually get an electric bill.

Then the MSM and the DNC will blame us for everything.
The sheep will fall in line.

8 posted on 01/24/2009 6:12:28 AM PST by bill1952 (McCain and the GOP were worthless)
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To: flowerplough
The costs won't just be on the "front end." Adding 3000 miles of new transmission lines also adds the cost of maintaining those transmission lines, not just the front end installation cost. I'm not saying that we don't need to update the grid. We clearly do, but the notion that this addition of 3000 miles of new transmission lines, plus a doubling of so-called "renewable energy sources", is somehow going to make electricity costs to the consumer go down is pure folly. The larger the grid gets the more it costs to maintain. Those costs are most assuredly passed on to the end consumer.

What I'd like to know is since when is it the Federal Gubmint's responsibility to add anything to the privately owned electrical grid?

9 posted on 01/24/2009 6:12:49 AM PST by Thermalseeker (Government is not the solution to the problem. Government IS the problem - Ronald Wilson Reagan)
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To: flowerplough

Sounds like the Obamaloon. Cost are gonna go up. Costs are gonna go down. Etc. Typical lib. Math is not their friend.


10 posted on 01/24/2009 6:14:17 AM PST by Da Coyote
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To: flowerplough
It's power generation plants we need - NOT POWER LINES.

This boondoggle is about awarding very big contracts to big donors to Democrats.

There is no way on Earth to build 3,000 miles of power lines within three years. It won't happen.

11 posted on 01/24/2009 6:18:08 AM PST by NoControllingLegalAuthority
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To: JudgemAll

In less than a week of double-oaffing, the level of ignorance of this politician is overwhelming.


12 posted on 01/24/2009 6:18:43 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: RSmithOpt
...the level of ignorance of this politician is overwhelming.

My experience tells me that the level of ignorance of most politicians is overwhelming and down right scary.....

13 posted on 01/24/2009 6:24:33 AM PST by Thermalseeker (Government is not the solution to the problem. Government IS the problem - Ronald Wilson Reagan)
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To: NoControllingLegalAuthority

Breeder reactors are a source of safe (for the most part) renewable energy for power generation.


14 posted on 01/24/2009 6:25:16 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: Thermalseeker

And your tag line verifies your statement as 100% correct. Cheers!


15 posted on 01/24/2009 6:26:57 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: Thermalseeker

Yes. And add to that the environmental impact - and the expense of studying it, not to mention how it play out with his green supporters. This could be a huge problem and definitely not a cost cutter, as far as I can see.


16 posted on 01/24/2009 6:29:38 AM PST by ElayneJ
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To: flowerplough

If you’re, only, going to get power for 25% of the time, I would hope power bills would go down.


17 posted on 01/24/2009 6:30:13 AM PST by depressed in 06 (Dope in chains, the Chicago way.)
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To: flowerplough

This title makes sense considering that we’ll all be going back to candles soon when the Obamaconomy kicks in full force.


18 posted on 01/24/2009 6:31:22 AM PST by maclay (SEEKING: Global Warming Alarmist for Martian Terraform Press Secretary)
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To: flowerplough

Wichita Lineman.


19 posted on 01/24/2009 6:40:14 AM PST by Crawdad (Barack Obama hates black people.)
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To: flowerplough
Sounds to me like the guy is mired in FDR economics...we are doomed.
20 posted on 01/24/2009 7:03:39 AM PST by rightwingextremist1776
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