Late last Tuesday night the House Democrats made a deal on cap and tax (cap and trade) so the more conservative Democrats felt better about the bill and would ensure their vote for the legislation. The deal involved many of the Democrats from the mid-west and farm country where agriculture was a major concern for these representatives.
The House is prepared to vote on the bill to push it through the Senate by this Friday. Nancy Pelosi believes that given 2 days’ time she will have enough votes for a majority.
This bill is incredibly harmful, hurtful, expensive, and it quite frankly is one of the nastiest pieces of legislation I have seen in a long time. Liberals continuously use the straw-man argument that Republicans try to fear monger others into voting a certain way or believing certain things… I could say the exact same thing for GloBull warming, which is the biggest hoax of this century. In fact, when people finally wake up and figure out that the politicians are all in bed with “Green” companies, holding significant amounts of equity, and wanting legislation like this passed, not because it’s based on a true premise, but because it will line their pockets – then maybe common sense can reign supreme.
This cap and tax bill will have very little effect on the poorest – because they don’t pay taxes to begin with. They are leeches on productive society. The top quintile of the country, or the richest, will be burdened with this particular tax, but not as much as their federal income taxes. No, cap and tax will fall squarely on the middle class. Whether you are lower-middle class, middle, or upper, you will feel this significantly.
If you look at only the bottom quintile, C&T is more progressive than anything else in the federal tax system. But it’s downhill from there: The share of cap and trade paid by the middle quintile is three times the federal tax system’s average, and the share paid by the richest quintile is half that of the average.
I don’t really have a strong normative point to make here. Progressivity is in the eye of the beholder and all that. Nonetheless, I hope this puts some of the debate over the burdens of cap and trade in context.
I have written several times regarding Cap and Tax – whether it was posting a video clip of Democrat Rep. Dick Durbin stating that all this legislation is one big tax, or Henry Waxman’s incompetency. I have written about our economy and how this will completely destroy sectors, increase the cost of living, increase our gas and energy prices, decrease our standard of living, and repress those who work hard to make a living.
Most of America disagrees with Cap and Trade, and congress was trying to come up with ways in wich they could cover up the bill and pass it off as some other cleverly deceptive rubbish:
The latest IBD/TIPP poll shows that cap and trade is a no go in the public eye. More people are beginning to understand what it actually entails/means. Indiana has also found a way around cap and trade this past week.
However, the Obama administration seems as though it may want to advance this agenda, but just under a different name.
How does the “The Clean Energy Divide” sound to you?
The Obama administration is exploring alternative names for cap and trade legislation.
People don’t really know what cap and trade means, but they don’t like it. So a new name is being concocted to gather support for the legislation.
It doesn’t look like the names “carbon tax” or “regressive tax” are in the mix, though. How does “clean energy divide” grab you?
WSJ: Seeking to bolster public support for climate legislation, the Obama administration is consulting pollsters who advocate avoiding phrases such as “cap-and-trade” and “global warming.” On Monday, the White House Council on Environmental Quality was scheduled to meet with Robert Perkowitz, president of ecoAmerica, a Washington-based nonprofit that uses “psychographic research” to “shift personal and civic choices of environmentally agnostic Americans,” according to its Web site.
“We’re trying to give them phrases that work,” Mr. Perkowitz said in an interview. He said that in a survey of some 2,000 Americans conducted by his group in March and April, less than half of the respondents said they would support a “cap-and-trade” policy, and that only 24% said they knew what the phrase means. “If you call it ‘clean energy dividend’…almost anything other than ‘cap and trade,’ you’ll get people responding a lot more favorably,” he said.
Isn’t that nice? let’s trick the American people so we can still strap the poor and the middle class with tax hikes to obtain our faulty liberal green agenda so Al Gore can receive a bunch of profits as well as GE, Google and Microsoft…
Not only will we have to ration Obamacare we will be back to rationing gas and unemployment will not only reach 10%, as Obama predicts, but higher – you cannot destroy the mining/coal industry and expect your unemployment rate to stay the same. Coal is one of the most abundant natural resources that America has… it is one thing that keeps us competitive abroad – and with this legislation you can kiss that goodbye. Is it really so “tin-foil” hat to think that the Democrats are in bed with foreign countries, selling out America for a little extra cash? (I’m sure we will also figure out who some of the Republican Reps./Senators are after the vote as well).
There still exist some principled Congress-critters and politicians, but they are few and far between. Michele Bachmann has been on the forefront of this debate, Jim DeMint is pretty outspoken when it comes to fiscal irresponsibility and unconstitutional legislation… but, other than that, it’s hard to make a case for most who waffle on their principles – so much so they may as well say “Leggo” my values.
The only way we can at least attempt to curtail the passage of this bill Friday is through melting the phones. Many of our represenatives won’t listen to our pleas or our common sense logic – believe me, my Senator and Represenative are Progressives! (Sarbanes & Cardin), but it’s still imperatiave that we at least try.
Let the Green Policies and Environmental Restrictions begin. Not only will this type of ideologue nonsense annoy a good portion of the population, but it will also wind up crippling companies and the free market. As the IMF director said today – the right policies need to be put in place today to avoid a massive global depression and it’s policies like these that will have the exact opposite affect.
Welcome to Animal Farm.
The Environmental Protection Agency concluded Friday that greenhouse gases linked to climate change “endanger public health and welfare,” setting the stage for regulating them under federal clean air laws.
The EPA action marks the first step toward imposing limits on pollution linked to climate change, which would mean tighter rules for cars and power plants. Agency officials cautioned such regulations are expected to be part of a lengthy process and not issued anytime soon.
In announcing the proposed finding, EPA Administrator Lisa Jackson said it “confirms that greenhouse gas pollution is a serious problem now and for future generations.” She reiterated that the Obama administration prefers that climate change be address by Congress through broad, economy-wide limits on climate-changing pollution. But the EPA finding of endangerment prepares for possible regulatory action if Congress fails to act.
The agency said in its finding that “in both magnitude and probability, climate change is an enormous problem” and that carbon dioxide and five other greenhouse gases “that are responsible for it endanger public health and welfare within the meaning of the Clean Air Act.”
The EPA concluded that the science pointing to man-made pollution as a cause of global warming is “compelling and overwhelming.” It also said tailpipe emissions from motor vehicles contribute to climate change.
Congress is considering imposing an economy-wide cap on greenhouse gas emissions along with giving industry the ability to trade emission allowances to mitigate costs. Legislation could be considered by the House before the August congressional recess.
Other scientists have different opinions than what the EPA manifests as real science or factual studies. These scientists continuously contend that we are actually going through a cooling phase rather than a warming phase that is mainly caused by natural weather and climate patterns. Man-made causes have a limited affect on the environment but it is still important that we take care of our surroundings. Visit www.icecap.us for their latest articles about this faulty science.
There is also a write-up trying to stop the EPA, which of course is a biased organization which was last run by Carol Browner and imagine that – she is now part of the Obama administration:
The EPA’s former director, Carol Browner, was recently discovered to be a commissioner in Socialist International, described by Steven Milloy of JunkScience.com as “a decidedly anti-capitalistic political cause.” Socialist International’s principles are the communist principles set forth by Karl Marx.
Browner is presently the chief White House advisor to the President on environmental issues.
The announcement that the EPA has declared carbon dioxide a “pollutant” and all so-called greenhouse gases a danger to human health and welfare now clears the way to regulate every single economic activity in the nation, most notably the emissions from automobiles.
The EDF hailed the announcement saying “The U.S. is taking its first steps as a nation to confront climate change.” Vickie Patton, EDF’s deputy general counsel, went on to say “Global warming threatens our health, our economy, and our children’s prosperity.”
Only there is NO global warming and there is NOTHING that the U.S. government or all the governments of all the nations of the world can do about “climate change.” This is a “threat” that does not exist!
What the EPA and other elements of government can and will do is use the international “global warming” hoax to pass new laws and more regulations to destroy the economic viability of all activities that utilize energy.
The site and post goes further into the science behind why these findings are not substantiated and how the EPA is politically biased.
Not only do we have the EPA and the Obama administration, but now we have far left witch hunters like Henry Waxman stating that he wants to hold onto his bill that will require a 20% reduction in greenhouses gases by 2020.
House Energy and Commerce Committee Chairman Henry Waxman said he won’t compromise on his proposed 20 percent reduction in greenhouse gases over the next decade in the face of criticism from lawmakers who say the economy could suffer.
“I want to keep those caps in place,” Waxman said in an interview on Bloomberg Television’s “Political Capital with Al Hunt” airing this weekend. “It’s what the scientists are telling us we must do” to avoid a global catastrophe, he said.
Waxman, a California Democrat, said he would be willing to give ground in other areas of the measure, which comes up for its opening round of debate in Congress next week.
Waxman, creepily also feels that congress should have even more power and the EPA should not be conducting these studies. Apparently, these buffoons in congress also feel as though they received science degrees and can really evaluate scientific studies. I still don’t feel as though the EPA is a scientific agency but rather another tool for the liberals to get their agenda through and create another hysteria or crisis telling us “the sky is falling.” Thank you chicken little.
Waxman said Congress, and not the EPA, should determine how to regulate greenhouse-gas emissions.
“I don’t think the EPA ought to be regulating carbon emissions,” he said. Instead, pollution should be controlled by his climate-change bill, which proposes a cap on the amount a company can pollute along with the ability of companies to buy and sell pollution permits.
I think the most idiotic claim by Waxman was that the devastating policy of cap-and-trade which will inevitably be enacted, should use its revenues for other things other than tax-cuts and here is a look into his idea of “other things.”
He took issue with President Barack Obama’s plan to use 80 percent of the estimated $646 billion in revenue raised from carbon permits under a so-called cap-and-trade system to help fund middle-class tax cuts.
“I don’t think that’s the best use of it,” Waxman said. “By and large” it should be spent on green technologies, he said, and part of it could be used to “help consumers with higher energy costs” and hard-hit industries, “especially coal.”
I have an idea – why don’t we not enact these policies during a recession? Here we go – the downward spiral of doom and gloom and utter destruction of our founding principles all for the sake of an ideology and a political agenda to “fundamentally transform” this country as Obama has stated in his campaigns.
If you hate this country so much – may I suggest you move somewhere else.
Let’s take a look at the idiocy of the man they call Henry Waxman. I watched a documentary the other day called Bigger, Stronger, Faster and it was about three brothers, two of which used steroids and the other one weight lifted naturally. One of the men went to Henry Waxman’s office to speak with him and he didn’t even know the national legal drinking age without having to ask his aide. There were various other questions that he could only answer with the help of his aide in the background. That should scare everyone! Henry Waxman and Joe Biden were the two leading the witch hunt against steroids several years ago.
