Behind the Truth of the Cap and Trade Bill

>> Tuesday, April 6, 2010

Obama is pushing for the largest tax increase in American History under the disguise of climate change. The “cap” is a legal limit on the quantity of greenhouse gases that a region can emit each year and the “trade” means that companies may swap among themselves the permission-or permits-to emit greenhouse gases. This type of law will make our economy worse, not better. What Obama thinks is that this will be a better way to heat and cool our homes, transport people and goods, and grow our crops. However, this is just an environmental scheme to redistribute income from consumers to the firms with the most power in Washington. What this bill really would do is to increase energy costs to consumers and manufacturers. Companies probably will start moving over seas because their energy costs will be to high. Don't forget to read Section 217 which has rebates, vouchers and other incentives to get the American people to install water-saving devices in their homes. This micromanagement of Big Government is the same thing that caused the Boston Tea Party. Maybe Obama has heard of it. If this law passes, people won't be able to sell their homes unless it is green. All of you who think Obama is the Messiah like the one lady that said at the death of Michael Jackson, “Michael is like the Obama of music”, should read the book 1984.


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