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Kerry's Powerless America Act
Investors.com ^ | May 12, 2010 | Investors Business Daily staff

Posted on 05/12/2010 5:31:53 PM PDT by Kaslin

Regulations: Call it cap-and-trade or bait-and-switch, but John Kerry and Joe Lieberman continue to tilt at windmills with a bill to restrain energy growth in the name of saving the planet.


IBD Exclusive Series:
American Freedom And Prosperity Under Attack
The bill introduced Wednesday and sponsored by the two senators is called the American Power Act, an Orwellian phrase if ever there was one. Like President Obama's offshore drilling program, for every "incentive" there is a restriction. It's as if Hamlet were to be appointed Secretary of Energy.

The legislation has little to do with developing America's vast domestic energy supply. It's cap-and-trade meets pork-barrel spending. It's about regulations, restrictions and research. It does not deal with exploiting America's vast energy reserves but with finding ways to mitigate their alleged harmful effect.

To that end, the bill creates some 60 new agencies and projects to eat up our tax dollars and buy support (see list alongside).

According to a leaked draft summary, there is "$7 billion annually to improve our transportation infrastructure and efficiency" to be paid for by a gas tax that is not called a tax but a "linked fee." There is "$2 billion per year for researching and developing effective carbon capture and sequestration methods and devices." There is even "a new multibillion-dollar revenue stream for agriculture through a domestic offset program." Tilling the soil releases carbon dioxide, don't you know?

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


TOPICS: Business/Economy; Culture/Society; Editorial; Extended News; Front Page News; Government; News/Current Events
KEYWORDS: 111th; agriculture; agw; americainperil; americanpoweract; capandbetrayed; capandtax; capandtrade; capandtraitors; capntrick; carboncapture; carbondioxide; carbonoffsets; carbonsequestration; carbontrade; centralpoweract; climatechange; climatefraud; climatescam; cluelessindc; co2; congress; crapandtrade; democrats; domesticenergy; economy; electricity; electricityrates; emissions; energy; energypolicy; ghg; globalwarming; globalwarminghoax; globalwarmingscare; hoax; ibd; joelieberman; johnkerry; kerry; kerryboxer; kerrylieberman; lieberman; nuclearenergy; nuclearpower; offshore; offshoredrilling; powerlessamerica; regulation; regulations; senate; sequestration; taxes; waxmanmarkey
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1 posted on 05/12/2010 5:31:53 PM PDT by Kaslin
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To: Kaslin

Maury made them do it.


2 posted on 05/12/2010 5:34:14 PM PDT by Jane Long (America, while you were sleeping the Socialists took over.)
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To: Kaslin

No, No, No!! A thousand times, NO.


3 posted on 05/12/2010 5:35:33 PM PDT by JPG (Mr. Gore, we have a warrant for your arrest...put your hands behind your back.)
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To: JPG

To them means full speed ahead!


4 posted on 05/12/2010 5:36:13 PM PDT by wally_bert (It's sheer elegance in its simplicity! - The Middleman)
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To: JPG

I agree 1000 percent


5 posted on 05/12/2010 5:40:00 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

Dear God, please help November come sooner and protect us from these fools in the meantime.


6 posted on 05/12/2010 5:48:50 PM PDT by GRRRRR (He'll NEVER be my President, FUBO!)
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To: Kaslin

It’s cap and tax with a pretty new name...


7 posted on 05/12/2010 5:57:56 PM PDT by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: steelyourfaith

Ping


8 posted on 05/12/2010 5:59:57 PM PDT by raptor22 (The truth will set us free)
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To: raptor22; Defendingliberty; WL-law; Normandy; TenthAmendmentChampion; FrPR; enough_idiocy; ...
Thanx !

 


Beam me to Planet Gore !

9 posted on 05/12/2010 6:03:58 PM PDT by steelyourfaith ("Let his days be few; and let another take his office. " - Psalm 109:8)
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To: Tolerance Sucks Rocks

Ping


10 posted on 05/12/2010 6:15:18 PM PDT by raptor22 (The truth will set us free)
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To: Kaslin

Still hoping to be relevant.


11 posted on 05/12/2010 6:17:22 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: Freddd

The last thing this country needs is a bill that creates over 60 new government agencies. It goes to show how out of touch these two idiots are with reality. They must have their heads buried deep inside Barney’s big ass.


12 posted on 05/12/2010 6:19:09 PM PDT by peeps36 (Democrats Don't Need No Stinking Input From You Little People)
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To: Kaslin

Would this be John F. Kerry, (D- Hanoi) that served in Vietnam?


13 posted on 05/12/2010 6:19:40 PM PDT by alarm rider (The left will always tell you who they fear the most. What are they telling you now?)
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To: alarm rider

Would this be Kerry, the loser who has a “3 P H “ license plate to remind everyone of the Purple Hearts that he gave to himself? What a sack...


14 posted on 05/12/2010 6:39:16 PM PDT by hal ogen ($10 (I think) amounts through the internet from all over the world.)
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To: Kaslin

Fantastic!

I was just thinking we’re sorely undertaxed and under-regulated. :)


15 posted on 05/12/2010 6:46:31 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: alarm rider

“Would this be John F. Kerry, (D- Hanoi) that served in Vietnam?”

Rush ... is that you?


16 posted on 05/12/2010 6:54:02 PM PDT by Free America52 (The White guys are getting pissed off. We beat Hitler Hirohito and Krushchev. Obama will be easy.)
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To: Kaslin

Its the Central Power Act.


17 posted on 05/12/2010 6:56:24 PM PDT by oyez (The difference in genius and stupidity is that genius has it limits.)
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To: alarm rider

Wait, he served in Vietnam? How do you know?


18 posted on 05/12/2010 8:36:22 PM PDT by Volunteer (Though I know that the hypnotized never lie, do ya? - The Who)
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To: Kaslin

19 posted on 05/12/2010 10:35:36 PM PDT by Seadog Bytes ("Smart Growth"... isn't.)
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To: Volunteer
Wait, he served in Vietnam? How do you know?

Here he is at the opening of the Kerry Wing of the "Hanoi Hilton":


20 posted on 05/12/2010 10:53:38 PM PDT by brityank (The more I learn about the Constitution, the more I realise this Government is UNconstitutional !! )
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