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Cap-and-Trade an Economic Nightmare
Canada Free Press ^ | Sunday, March 1, 2009 | John Barnhart

Posted on 03/01/2009 11:48:02 AM PST by Delacon

The “Climate Security Act”, also known as Cap-and-Trade or the Lieberman-Warner Bill was being debated in the US Senate last year and came close to becoming law. For a bill that will literally ruin our economy forever, it did not get near the attention it deserved.

Thanks to a Republican filibuster by Senator Mitch McConnell, Jeff Sessions, Larry Craig and a promise of a VETO by former President Bush it was stopped, but after the election everyone can expect it to raise its ugly head again. Hillary Clinton, Barbara Boxer, Patrick Lahey, Harry Reid, Nancy Pelosi, Joe Biden, Barack Obama, John Warner, Joe Lieberman, every liberal global warming nut in the world and even John McCain all support the bill.

A Breakdown of the nearly 9000 page bill and all of the itemizations contained in it are available at this link:

The bill allows the US Government to set limits on how many carbon atoms businesses may expel into the environment but the bill does not necessarily differentiate between large and small companies, it treats farms, oil refineries, local utilities and manufacturing plants all the same.

Sure each one will have carbon footprint restrictions available to them based on their output but all businesses no matter their product or service will end up paying for carbon offset credits and those costs will be passed on to the consumer.

If the bill passes in the future each American family will need to have an extra $16,989.49 in the bank to pay for it. The confusing thing is that independent non-partisan tax watchdog organizations like the National Tax Payers Union and government agencies like The Department of Energy, Government Accounting Office and even the Environmental Protection Agency all have detailed to the costs of the bill and yet


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


TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: 111th; agenda; algore; bho44; bhoagenda; bhobudget; capandtrade; carbontax; climatesecurityact; co2; economy; globalwarming; liebermanwarner; mccain; taxes
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Carbon Offset Credits...it is a tax, a huge one, the largest money grab in American history

Al Gore has become a global warming alarmist and liberal “sacred-cow.” He somehow he got Congress to listen to his “Chicken Little” bull crap and the Senate wrote a bill in his honor to save the planet from an imaginary problem that is based on an as yet still unproven theory. Unfortunately, the solution he proposed is real, it is real bad for America and it is called Cap-and-Trade.

Want to know why the Senate ever wrote the bill in the first place?

Because they are so bad at balancing the budget that they need Cap-and-Trade to help them...to the tune of almost $7 trillion dollars. That is why they are willing to sacrifice your future with that huge stimulus package, so they come closer to balancing the budget and claim they saved the environment all at the same time. This is just one of the ways that Barack Obama intends to cut the deficit in half, but he won’t admit it.

Do what so many others and I have done and email as many members of Congress as you can, voice your displeasure. Carbon Offset Credits...it is a tax, a huge one, the largest money grab in American history and I call it for what it is....a huge crock of crap!

1 posted on 03/01/2009 11:48:04 AM PST by Delacon
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To: steelyourfaith; xcamel; neverdem; Tolerance Sucks Rocks

ping


2 posted on 03/01/2009 11:48:42 AM PST by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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To: Delacon

The Climate Security Act. How Orwellian is THAT!


3 posted on 03/01/2009 11:51:58 AM PST by Bahbah (Typical white person-Snow white)
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To: Delacon; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; gruffwolf; ...

Carbon Scam/POGW


4 posted on 03/01/2009 11:52:51 AM PST 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: Bahbah
The Climate Security Act. How Orwellian is THAT!

Extremely.

Amazing << Hear this. Feel this, and tell me that this isn't music.

Hey Barack HUSSEIN Obama, I went to Harvard too! That was the worst fieldtrip of my life, but I went there...


5 posted on 03/01/2009 11:53:24 AM PST by rdb3 (The mouth is the exhaust pipe of the heart.)
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To: Delacon; Defendingliberty; WL-law; Genesis defender; proud_yank; FrPR; enough_idiocy; Desdemona; ...
Thanx !

 




Beam me to Planet Gore !

6 posted on 03/01/2009 11:53:25 AM PST by steelyourfaith (How many face lifts were required before the Speaker began speaking from her anal orifice?)
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To: Delacon
I've asked this question since the election. Are there zero Democrats left with an ounce of sanity? It was fun for Democrats last year because they knew it wouldn't pass. Are they all still aboard when there is nothing to stop it?

Liberals really have no agenda for economics or saving the planet or anything else. They do want to put the United States on the ash heap of history. Are all Democrats liberals?

7 posted on 03/01/2009 11:53:26 AM PST by stevem
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To: Delacon
More marxism enabling initiatives. This will be the norm under the Obama administration because he himself is a maxist ideolog.

Expect every former marxist oriented lpiece of legislation and treaty and act to be put on his desk for signature.

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA

BARACK HUSSEIN OBAMA IN HIS OWN WORDS

NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES

OBAMA, THE STOCK MARKET, AND ENERGY

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA'S UPBRINGING

IT'S TIME FOR A RETURN TO THE OLD SCHOOL

8 posted on 03/01/2009 11:54:27 AM PST by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Jeff Head

Of all the crap that is happening - wall street crisis, banking nationalization, foreign wars, etc. - this climate thing to me is the scariest. With this act, the government now has the capability to punish any company they want with bogus C02 claims. Very Orellian. This single act could bring the economy to it’s knees.


9 posted on 03/01/2009 11:56:53 AM PST by Free America52 (I just want it to be the way it always has been.)
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To: Delacon

“Cap and Trade” is a bigger scam than the Nigerian email bank account scam that so many morons fell for AND ARE STILL FALLING FOR.


10 posted on 03/01/2009 11:58:44 AM PST by FlingWingFlyer (Just being a "U.S. citizen" does not make one an American.)
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To: stevem

I am asking my elected officials if they believe in the capitalist system. This would be a huge negative and bring down our standard of living. I don’t know how far all the congress critters are going to follow the President. This issue is a solid test of that.


11 posted on 03/01/2009 11:59:52 AM PST by phormer phrog phlyer
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To: Free America52

IMHO, it’s meant to...the free market economy that is.


12 posted on 03/01/2009 12:02:00 PM PST by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Delacon
The truth has broke cover -— Pay more in taxes to the government, so government scientists can pretend to control the weather.

I wonder what part of “pay more in taxes to the government” do the Obamaloons not understand.

Hey I thought cap and trade was supposed to be trading, helping mother Earth and all that rot gut, not just paying taxes .... HeHeHe -- Nice way to genuflect into what is really going on with the scam.

Shouldn't we demand to know exactly what the reductions in CO2 are going to be per billion in indulgences, err ahh, new taxes paid is. Looks like Obama dropped CO2 reduction from the argument, since it's just not going to happen.

13 posted on 03/01/2009 12:02:07 PM PST by Tarpon (It's a common fact, one can't be liberal and rational at the same time.)
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To: stevem

They are dumb as a box of rocks.

This is one of the things that makes me say that things wouldn’t have been significantly better w/McCain as Pres.

This is 40 years in the making - radicals get inside the system, control education & the media, & hacks control the Congress. There’s no voice of reason that has a forum or is respected by the majority, which is made up of people who cannot name the 3 branches of gov’t & their functions.

This is the American Idol Presidency. I am one of the minority that will likely keep a job for the next 4 years. When I grew up, I thought people with authority over me were older & wiser. Now I know better. I could be sick.


14 posted on 03/01/2009 12:05:02 PM PST by Belle22
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To: Delacon; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; America_Right; ...
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

Global Warming on Free Republic

Latest from Global Warming News Site

Latest from Greenie Watch

Latest from Junk Science

Latest from Terra Daily

15 posted on 03/01/2009 12:08:31 PM PST by Tolerance Sucks Rocks (Barack Obama: in your guts, you know he's nuts!)
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To: Bahbah

The last paragraph of the article hits the nail on the head folks,We all know The baby boomers are retiring in a Few years, Medicare is broke and we all get these nice letters in the Mail telling us how much money we are going to get in Our social security checks every month ,well we all also know THERE IS NO MONEY IN THE SOCIAL SECURITY FUND ,it is all IOUs . So what do these nattling nabobs of complete incompetence have to do to prevent from being tarred and feathered? Come up with Billions of dollars to keep the Ponzi Scheme going? They have to come up with the Perfect CASH COW,and they are going to do what a lot of people have joked about for years TAX THE AIR WE BREATHE
“CAP and TRADE”.They will print paper coupons their only cost and rake in Billions as the SUCKERS ,us ,keep working our asses off,as these snake oil salesman pad their own Bank Accounts. all I can say is we get what we deserve


16 posted on 03/01/2009 12:12:15 PM PST by ballplayer
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To: Delacon

9000 pages? NO ONE in Congress will read this before they vote.


17 posted on 03/01/2009 12:22:57 PM PST by Pearls Before Swine (Is /sarc really necessary?)
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To: cogitator; Gondring; dr_lew

This stuff is horrifying. Surely you don’t want this stuff to be implemented?


18 posted on 03/01/2009 12:23:16 PM PST by Tolerance Sucks Rocks (Barack Obama: in your guts, you know he's nuts!)
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To: cogitator

As an aside, I’m pretty sure you actually don’t want it.


19 posted on 03/01/2009 12:24:02 PM PST by Tolerance Sucks Rocks (Barack Obama: in your guts, you know he's nuts!)
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To: Delacon

Cap-and-Trade is Al Gores retirement plan, it is doing better than you 401K.


20 posted on 03/01/2009 12:28:15 PM PST by hadaclueonce (< Patching a tire ....)
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