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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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To: markomalley; Carlucci; grey_whiskers; meyer; WL-law; Para-Ord.45; 70th Division; 2ndDivisionVet; ...
21
posted on
05/13/2010 5:11:33 AM PDT
by
raptor22
(The truth will set us free)
To: All
Gee, I wonder if John Kerry ever served in Vietnam ...
22
posted on
05/13/2010 5:46:38 AM PDT
by
pyx
(Rule#1.The LEFT lies.Rule#2.See Rule#1. IF THE LEFT CONTROLS THE LANGUAGE, IT CONTROLS THE ARGUMENT.)
To: Volunteer
It’s SEARED into my memory.....
23
posted on
05/13/2010 5:55:08 AM PDT
by
alarm rider
(The left will always tell you who they fear the most. What are they telling you now?)
To: Free America52
24
posted on
05/13/2010 5:55:46 AM PDT
by
alarm rider
(The left will always tell you who they fear the most. What are they telling you now?)
To: hal ogen
Yep, that’s the one. Those nasty scratches took a week to heal...
25
posted on
05/13/2010 5:57:31 AM PDT
by
alarm rider
(The left will always tell you who they fear the most. What are they telling you now?)
To: alarm rider
It’s SEARED into my memory..... After Nov. '10, things will be SEARED in his communist ass!
To: melancholy
From your keyboard to God’s ear....
27
posted on
05/13/2010 7:28:05 AM PDT
by
alarm rider
(The left will always tell you who they fear the most. What are they telling you now?)
To: Kaslin
cap-and-trade meets pork-barrel spending... We have got to vote these guys out before the US becomes Greece...
28
posted on
05/13/2010 10:32:52 AM PDT
by
GOPJ
("Draw Mohammad Day" - - May 20, 2010 - Draw for freedom - draw for your children's freedom.)
To: Kaslin
29
posted on
05/13/2010 11:40:02 AM PDT
by
SierraWasp
("Contempt of Congress" used to be a minor crime. Now it's a badge of honor!!!)
To: SierraWasp; NormsRevenge; Fred Nerks; blam; SunkenCiv; Grampa Dave; BOBTHENAILER; ...
To: Ernest_at_the_Beach; SierraWasp
KERRY & LIEBERMAN ARE TREASONOUS BASTARDS
31
posted on
05/13/2010 3:02:52 PM PDT
by
BOBTHENAILER
(makes me wanna holler)
To: Ernest_at_the_Beach; AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Fred Nerks; ...
Thanks Ernest.
32
posted on
05/13/2010 3:39:59 PM PDT
by
SunkenCiv
("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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