Monday, March 23, 2009

The Gift That Keeps On Giving

Thanks 52 percenters!

Via Ace: http://ace.mu.nu/archives/284755.php

EPA: Global Warming Threatens Public Health, Welfare

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/23/AR2009032301068.html?hpid=topnews

The Environmental Protection Agency sent a proposal to the White House on Friday finding that global warming is endangering the public's health and welfare, according to several sources, a move that could have far-reaching implications for the nation's economy and environment.

"This is historic news," said Frank O'Donnell, who heads the public watchdog group Clean Air Watch. "It will set the stage for the first-ever national limits on global warming pollution. And it is likely to help light a fire under Congress to get moving."

But business groups decried the move as an economic disaster.
"By moving forward with the endangerment finding on greenhouse gases, EPA is putting in motion a set of decisions that may have far-reaching unintended consequences," said Bill Kovacs, vice president of environment, technology and regulatory affairs at the U.S. Chamber of Commerce. "Specifically, once the finding is made, no matter how limited, some environmental groups will sue to make sure it is applied to all aspects of the Clean Air Act.


"This will mean that all infrastructure projects, including those under the president's stimulus initiative, will be subject to environmental review for greenhouse gases. Since not one of the projects has been subjected to that review, it is possible that the projects under the stimulus initiative will cease. This will be devastating to the economy."

Yep! Higher taxes on energy production.
Higher production costs for EVERYTHING, that will be passed on to consumers.
Combine this with higher taxes on the "rich" so that they can pay their "fair share", and the unprecedented and un-Constitutional actions being taken in the AIG curfluffle.......
Well, I'm sure you can figure out the end result.
It will drive more businesses over-seas and cause many small manufacters to close their doors or go bankrupt.
Way to "STIMULATE" the economy! A-SHOLES!

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