Job Killing Cap-and-Trade Bill Is Not About Saving the Environment, It's About Destroying America
First Chairman Bernanke implied a threat to wreck the American economy if the Federal Reserve is audited, and now this. The remnant of America's fragile sovereignty will be effectively vanquished if the "Clean Energy & Climate Change" bill passes the Senate to be signed into law by Traitor-in-Chief Obama. They are creating a new speculation market to inflate and bust us with, as well as the first global tax. CO2 is a harmless gas—the real culprits are thousands of chemicals, rampant radiation, and physical environmental destruction (including war). - The Truth Will Set You Free Blogspot, Selling U.S.A. out to China with land & treasury guarantees - "We Are Chinese Now"The American Clean Energy and Security Act of 2009 will implement the infamous cap-and-trade system on greenhouse gas emissions, signaling the NWO’s final moves toward total financial bondage. And with Washington granting dictatorial powers to the Federal Reserve last week... the New World Order is moving fast, and there are really only two more obstacles in their way: our right to speak freely and our right to protect ourselves. - Zachary T. Baker, New World Order Rams Through Sham Cap & Trade Bill , June 27, 2009
"This bill will tax you. This bill will destroy the livelihood of those who live and work in rural America." - Frank Lucas (R-Okla.)
"The impacts of this bill will shut small businesses. It will close family farms, it will shutter manufacturing plants, and those jobs will end up in China and India" where environmental standards are less rigorous. - Marsha Blackburn (R-Tenn.)
The hit to GDP is the real threat in this bill. The whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less. These higher prices will show up not just in electricity bills or at the gas station but in every manufactured good, from food to cars. Consumers will cut back on spending, which in turn will cut back on production, which results in fewer jobs created or higher unemployment. Some companies will instead move their operations overseas, with the same result. - Wall Street Journal
Cap-and-Tax Scheme is 'Socialism Cloaked in Environmental Do-Goodism'
The Office of Rep. George Radanovich (CA)June 27, 2009
Congressman George Radanovich (R-Mariposa) today released the following statement after voting against the Democrats' job-killing Cap and Tax bill (H.R. 2454, the American Clean Energy and Security Act) in the Energy and Commerce Committee. The bill passed the Committee with four Democrat members siding with Republicans in opposition:
“Today was a terrible day for businesses in America. The Democrats just passed a bill that will make every aspect of living and doing business in this country more expensive. The Central Valley is already suffering from runaway environmental regulations, and the Democrats' new Tax and Cap scheme will only make that suffering worse. Let me be clear, this bill is nothing more than socialism cloaked in environmental do-goodism. (Under Cap and Trade, the government would set emission limits and distribute allowances that would be bought and sold. Companies needing to increase emission levels would purchase credits from those with lower emissions.)
“We in the Valley know the abuses of environmental alarmism with the Endangered Species Act and the Delta Smelt. This global warming scheme is environmental alarmism on steroids.
“This legislation operates under the false assumption that we can replace the vast majority of our energy supply, which is fossil fuel based, with only renewable sources such as wind and solar—without increasing the use of nuclear power.
"I believe we should increase the percentage of renewable sources within America’s energy portfolio, but the goals in this bill are unrealistic and unattainable. We cannot rely on intermittent sources of renewable energy to replace reliability of fossil fuel or nuclear energy production.
"This bill should encourage the construction of new large scale hydropower; streamline the process for new nuclear; allow unrestricted use of Federal lands for biomass; and include these in the definition of renewable or clean energy—solutions with the real chance to help our energy problems without crippling our economy in the process.
"Even President Obama has acknowledged that 'electricity rates would necessarily skyrocket' under a cap and trade plan.
“The last thing this country needs, especially during a recession, is a tax and cap system that will cost every American household $4,800 per year, destroy hundreds of thousands of American jobs, and weaken our stance in the global economic community. Unfortunately, that is what the Energy and Commerce Democrats imposed on the American people.”
Top 10 List of Problems Associated with Cap-and-Trade Legislation
The Heritage FoundationMay 20, 2009
- Cap-and-trade is a massive energy tax;
- It will not make a substantive impact on the environment;
- It will kill jobs;
- It will cause electricity bills and gas prices to sharply increase;
- It will outsource manufacturing jobs and hurt free trade;
- It will make you choose between energy, groceries, clothing and haircuts;
- It will be highly susceptible to fraud and corruption;
- It will hurt senior citizens, the poor, and the unemployed the worst;
- It will cost American families over $3,000 a year; and
- President Obama admitted “Electricity Rates Would Necessarily Skyrocket” under a cap-and-trade program (January 2008).
Proponents of Cap and Trade, and Most “Green” Legislation, Can Be Parsed Out into Three Basic Groups
NowPublic.comMay 5, 2009
Group 1 - Those who stand to benefit monetarily
There is a great deal of money to be made buying and selling carbon credits. There is a great deal of money to be made by those who have positioned themselves to market “green” technology. There is a great deal of money tied into lobbying efforts and campaign finances. Money, money and more money.
Group 2 - Those who would gain additional power
The control that will be wrestled away from individuals and businesses will be unprecedented. What you drive, the types of lights you use, the types of technology available, the amount you pay for those things; in essence, how you live will be determined by “government.” We will all be forced to comply and, more importantly, to pay for this; and the cost will be terrible.
Group 3 - The true believers
The disciples of the “global warming” religion who truly believe in the cause. These are the ones who have drunk the Kool-Aid, who have eaten the apple, swallowed the pill, or whatever applicable analogy you can come up with. I feel for them as they have been deceived so completely by the lie that they are all but unreasonable on the subject. Even in the face of irrefutable evidence, they would continue to swear allegiance to the cause; much like a chicken divested of its head, it will take a while for the "body" of believers to realize the loss.
The impetus behind the rush to cap and trade lies not with group three, as they do not hold the political clout to warrant such a catastrophic realignment of wealth and power: the guilt lies squarely with groups 1 and 2.
This legislation is about nothing as noble as saving the planet, despite what its proponents would claim (minus group 3). This legislation is about nothing more than money and power; their gain is our loss.
With the chorus of reputable scientists growing each day, it may just be a matter of time before the unwashed masses (read that as our moronic leaders) have an epiphany and realize that we see this for what it is: and unprecedented usurpation of our sovereign authority. We can hope, at least; and until then, we can continue to debunk the myth that the science is settled.
According to Antonio Sosa, in His Response to Global Warming Activists:
InsideNovaJune 20, 2009
No patriotic and informed American can support the American Clean Energy and Security Act (ACES) Act (cap and trade), which is based on the global warming scam.
Cap and Trade “would be the equivalent of an atomic bomb directed at the U.S. economy—all without any scientific justification,” said famed climatologist Dr. S. Fred Singer. It would significantly increase taxes and the cost of energy, forcing many companies to close, thus increasing unemployment, poverty and dependence.
Cap and Trade represents huge taxes and cost increases, which will hurt mostly the poor and the middle class. Cap and trade will give dictatorial powers to Obama and will further enrich his billionaire friends (Gore, Soros, Goldman Sachs, Obama’s Chicago Climate Exchange friends, GE, the United Nations, etc.)—all at our expense and at the expense of our children and grandchildren.
Those brainwashed to the point of wanting to destroy the economy to “prevent global warming” are behaving like the most primitive human beings who were duped into believing that human sacrifices would ensure them good weather. Human beings don’t have the power to control climate! And killing the economy will not help the environment. Poor countries can’t protect the environment. Just look at Haiti!
More and more scientists and thinking people all over the world are realizing that man-made global warming is a hoax that threatens our future and the future of our children. More than 700 international scientists dissent over man-made global warming claims. They are now more than 13 times the number of UN scientists (52) who authored the media-hyped IPCC 2007 Summary for Policymakers.
Additionally, more than 30,000 American scientists have signed onto a petition that states: “There is no convincing scientific evidence that human release of carbon dioxide, methane, or other greenhouse gases is causing or will, in the foreseeable future, cause catastrophic heating of the Earth’s atmosphere and disruption of the Earth’s climate.”
We pray that honest leaders—both Democrat and Republican—are able to save us from Obama’s criminal ACES Act (cap-and-trade) scam.
Based on the European experience and the fact that increased taxes and more expensive energy will destroy our economy, here are much realistic figures on the damage the global warming/cap and trade hoax will cost us:
- Reduce aggregate gross domestic product (GDP) by $9.6 trillion
- Destroy 1,105,000 jobs on average, with peak years seeing unemployment rise by over 2,479,000 jobs
- Raise electricity rates 90 percent after adjusting for inflation
- Raise inflation-adjusted gasoline prices by 74 percent
- Raise residential natural gas prices by 55 percent
- Raise an average family's annual energy bill by $1,500
- Increase inflation-adjusted federal debt by 26 percent, or $29,150 additional federal debt per person, again after adjusting for inflation.
Democrats Rushing to Cap-and-Trade Suicide
The American SpectatorJune 26, 2009
UPDATED: Another 300 Pages? According to Ed Morrissey at Hot Air, Henry Waxman just tacked on another 300 pages in the dead of night! This monstrosity is like one of those 1950s sci-fi creatures that just keeps growing and growing...
PREVIOUSLY: Such is the feverish haste with which Democrats are trying to rush Waxman-Markey cap-and-trade through the House that, as with the $787 billion "stimulus," they're preparing to vote on a 1,000-plus-page bill that none of them have read.
According to the Sunlight Foundation, on June 19, when the bill was placed on the House calendar, it was 964 pages. By Monday, when it was submitted to the House Rules Committee, it was 1,201 pages. Rep. Spencer Bachus (R-Ala.) has noted that the bill bypassed key committees, and none other than Rep. Charles Dingell (D-Mich.) has described it as a "huge tax."
Given this situation, the hurry to ram through the "massive job-killer" can only be compared to lemmings rushing toward a cliff. If Nancy Pelosi can impose party discipline, Democrats will find themselves under intolerable pressure to vote "yes" and the lemming impulse will prevail. But, as with the stimulus bill, no Republican should join this lemming rush.
Opponents of Waxman-Markey are praying that they can find enough "Blue Dog" Democrat votes to stop the bill. Yet the lemming impulse of the Democrats toward mass suicide could be so powerful that many House members will sign their own political death warrants today. Maybe some of these Democrats should talk to George "Buddy" Darden, the Democrat who representated the Seventh District of Georgia until he allowed himself to be talking into voting for Bill Clinton's gun-grabbing "crime bill" in 1994.
Legislative haste of the sort exemplified by H.R. 2454 contradicts the advice of our Founders. Smitty, a military man of constitutionalist persuasion who helps me out at my personal blog, was moved today to quote James Madison's famous expression of the rule of law:
It will be of little avail to the people, that the laws are made by men of their own choice, if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be understood; if they be repealed or revised before they are promulgated, or undergo such incessant changes that no man, who knows what the law is today, can guess what it will be tomorrow. Law is defined to be a rule of action; but how can that be a rule, which is little known, and less fixed?Sheer regard for political self-preservation may produce enough Democratic "no" votes today to stop Waxman-Markey. If not, the repeal of this disastrous legislation should be the first campaign promise of every Republican challenger in 2010.
House Passes Climate Bill
Wall Street JournalJune 26, 2009
Landmark legislation to curb U.S. greenhouse-gas emissions was approved by the House of Representatives in a close vote (219-212) late Friday, securing an initial victory for a cornerstone of President Barack Obama's agenda. After months of negotiations, the Democratic-controlled House has narrowly passed sweeping legislation calling for the nation's first-ever limits on pollution linked to global warming.
The 1,200 page bill—formally known as the "American Clean Energy and Security Act"—will reach into almost every corner of the U.S. economy. By putting a price on emissions of greenhouse gases, such as carbon dioxide, the bill would affect the way electricity is generated, how homes and offices are designed, how foreign trade is conducted and how much Americans pay to drive cars or to heat their homes...
But it isn't clear how much of the sprawling House bill will survive in the Senate (this fall), where moderate Democrats and Republicans could form a majority that backs less ambitious action...