
The Crossroads of America is fully aware of the impending screw…
Mitch Daniels (the Governor of Indiana, for you non-Hoosiers) wrote a great article on cap and trade in the Wall Street Journal today. The fancy name for this new cap and trade legislation is the Waxman-Markey American Clean Energy and Security Act, and it’s about to be released this week in Congress. What is it, exactly? Well, it claims to be a bill that will “combat global warming by setting strict limits on carbon emissions.” Alrighty, then. But what does that REALLY mean?
It means your utility bills are going to up more than double, people.
Governor Daniels describes the legislation as “imperialistic,” in that it will “impose enormous taxes and restrictions on free commerce by wealthy but faltering powers — California, Massachusetts and New York — seeking to exploit politically weaker colonies in order to prop up their own decaying economies. Because proceeds from their new taxes, levied mostly on us, will be spent on their social programs while negatively impacting our economy, we Hoosiers decline to submit meekly.”
And Hoosiers are just a small part of the pie that will be meekly getting the screw.
This crap piece of legislation will double my – and your – utility bills. And, businesses will consequently see a more-than-doubling of their energy bills, too, which in turn will probably drive businesses away to foreign lands, where it’s cheaper to do business.
So, HOW is this supposed to help America again?
Well, the only reason the administration is doing all of this – the only reason this “imperial” legislation is even able to be pushed into our lives – is for an unproven claim of global warming. Daniels goes on to say that, “no honest estimate pretends to suggest that a U.S. cap-and-trade regime will move the world’s thermometer by so much as a tenth of a degree a half century from now. “
So, let’s recap, shall we? Our utilities are going to go up by more than double so King Obama, Al Gore and his monolithic hippie friends can feel good about POSSIBLY, just MAYBE lowering the globe’s temperature by about a half a degree in 100 years.
Remember when Obama said that only the top 5% would be affected by taxes? Kind of seems like a bit of an imperalistic fib now looking back, huh?