Monday, June 29, 2009

Cap your wages and Trade your job

On Friday, the House voted to proceed with the Cap and Trade (otherwise known as Crap and Tax) bill. It was passed by a narrow margin, largely in part to the multitudes of individuals that called, emailed, and faxed all of members of the House.

There are those that didn't because they don't see what the big deal is with the regulation of carbon dioxide. Especially when you have POTUS stepping out and saying how much this is going to help the US and the climate.

That being said, for those that are doubtful of the ramifications of this bill, I am putting this post together to educate and provide everyone with the ammunition to fight this bill as it goes to the senate within the next week.

Obama stating that rates would force electricity prices to skyrocket.

Today, he talks about light bulbs, appliances, and yet more regulation. But it seems to depend on what news outlet you go to as to the edits that you see. Some, like the ABC video, that are edited to make everything look good and then others that are the actual full briefing.

The ABC news edited version and the unedited version of the speech which brings up the fact that it will not bring "untenable" burdens.

A Washington Post article about the potential regulation of your light bulbs.

Obama's own information that shows his drive towards controlling the direction of oil, gas, coal, oh, and car companies too.

Blogs are written and anyone can post anything, but have you ever heard of the Wall Street Journal? Here's a link to their article. The Wall Street Journal outlines how this plan is not economically possible and that the costs to the end user, you and I, will be vastly larger than what Obama keeps telling us.

Here's another article that warns governors to be wary of cap and trade since it will have a huge negative impact on their future budgets.

Do the representatives really know what they are voting on? This article was posted just days before the vote on Cap and Trade in the house. Sp what happened the day of the vote? A 300+ page amendment was added at 3AM and a slim majority in the house voted for it. I enjoy reading, but there really isn't anyway for me to get through 300 pages in a day. Plus, as this article outlines dems are relying on a government offices budget projections, repoublicans...MIT.

Another blogger with their opinion on what will happen.

This outlines the amount each state could lose under Cap and Trade, just on electricity.

And oil companies already have plans outlining what they will do if the bill passes. Shut down plants and refineries and move production oversees. Got that information from a little outlet called Bloomberg.

And last, a small thing that was held back until after the vote by the EPA that essentially states that it's all bogus.

Now it's time for action. Either email/comment on this and tell me that I'm full of crap, or start calling your senators and letting them know that this should not pass.

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