What has OUR government become?
The House passed a royal piece of shit that is the 'cap and trade' bill. This is a horrible piece of legislation which I'll get to in a minute, but first take note of this:
http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/wheres-the-bill-49208987.html
Through a series of parliamentary inquiries, the Republicans learned that the 300-plus page managers' amendment, added to the bill last night in the House Rules Committee, has not even been been integrated with the official copy of the 1,090-page bill at the House Clerk's desk, let alone in any other location. The two documents are side-by-side at the desk as the clerk reads through the instructions in the 300 page document for altering the 1,090 page document.
But they cannot be simply combined, because the amendment contains 300 pages of items like this: "Page 15, beginning line 8, strike paragraph (11)..." How many members of Congress do you suppose have gone through it all to see how it changes the bill?
Global Warming is apparently so urgent that we can't even wait until members of Congress know what they're voting on.
As with the 'Stimulus' bill, they have voted on and passed a document that NO ONE has read in it's entirety!
This bill will be signed into law WITHOUT US KNOWING WHAT'S IN IT UNTIL AFTER IT BECOMES LAW!
Now, what is this bill about? Well, from the WSJ:
http://online.wsj.com/article/SB124588837560750781.html
Under a cap-and-trade system, government sets a cap on the total amount of carbon that can be emitted nationally; companies then buy or sell permits to emit CO2. The cap gets cranked down over time to reduce total carbon emissions.
So what does that mean for us?
It will impose crushing costs on their home-district businesses and consumers.
the Congressional Budget Office did an analysis of what has come to be known as the Waxman-Markey bill. According to the CBO, the climate legislation would cost the average household only $175 a year by 2020.
That is pure unadulterated BULLSHIT!
The CBO acknowledges this in a footnote: "The resource cost does not indicate the potential decrease in gross domestic product (GDP) that could result from the cap."
The WSJ continues:
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.
Read that again:
The whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less.
The bottom line:
Americans should know that those Members who vote for this climate bill are voting for what is likely to be the biggest tax in American history.
Let's take a little trip, shall we? Let's go to the supermarket to buy a nice fresh Valencia Orange in April.
OK, first I live about 5 miles from the nearest grocery store, so I have to drive there. That takes gasoline, so let's go fill up. Not only will the price of gas have gone up because of taxes levied on the oil company, but remember the gas station uses fuel oil for heat and electricity for lights and to run the pumps. All energy sources that produce carbon will be taxed, so the station owner is going to pass those costs onto me.
Next we go to the store. The store itself is well lit with electric lights. And of course, the store is climate controled by electric heat pumps. As I walk to the fresh produce isle, I pass the frozen foods section, lined with freezers run by electricity. Then I go by the fresh meats, kept fresh in open-topped coolers, run by electricity. Finally I get to the fresh produce isle, filled with open-topped coolers, where the Valencia Oranges are.
Valencia Oranges are grown in Florida and I live in Pennsylvania, so how did they get here?
The Orange Grower in Florida used a mechanical harvester that runs on diesel fuel. They are then taken by truck, also using diesel fuel, to a warehouse lit by electric lights, to be sorted. From there, they go, by diesel truck to a distribution warehouse, lit by electric lights and cooled by electric air conditioners. Then they are loaded on diesel trucks to be shipped north.
My point is that ALL of the extra taxes, on fuel and electricity, will be passed on to me.
When the CBO did their study, they are only considering the taxes on the energy I'm using. But in fact, every single thing I buy will cost me more.
In reality, this will end up costing me THOUSANDS of dollars more a year. And that's before inflation hits.
One further quote from the WSJ:
During the brief few days in which the bill was debated in the House Energy Committee, Republicans offered three amendments: one to suspend the program if gas hit $5 a gallon; one to suspend the program if electricity prices rose 10% over 2009; and one to suspend the program if unemployment rates hit 15%. Democrats defeated all of them.
UPDATE: Don't believe me?
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