Posted by: rotenochsen | June 30, 2009

THE CAP AND TRADE SCAM OF THE CENTURY

Tuesday, June 30, 2009




Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan
Despite the fact that Obama campaigned on having an open and transparent administration when elected. This president has been anything but open in the way he “governs” the administration. He and his fellow travelers have passed two bills that no one got to read, and to add insult to injury. The Democrats added 300 pages to the already 1000 plus Cap and Trade bill in the dead of night. And when a group of Republicans asked to have a copy of the additional pages they were denied the pages!

Obama has appointed 14 Czars without consulting Congress, and made them his private sub-cabinet, responsible to no one but him! He violated the 4TH amendment of the Constitution when he put the auto workers union interests before the interests of the Bond holders when he reorganized the Chrysler auto bankruptcy. In my mind an impeachable offense that will never happen.

So it is not surprising that his administration suppressed a report that would have influenced the close vote on Cap and Trade in the House of Representatives.

Ben Lieberman, produced a stellar paper on the Cap and Trade bill. Based on available evidence and analysis, Lieberman concludes ‘that both the seriousness and imminence of anthropogenic global warming has been overstated.’ But even if we assume the problem is as bad as the hysterics claim, the proposed bill ‘would have a trivial impact on future concentrations of greenhouse gases.
The bill would reduce the earth’s future temperature by 0.1 to 0.2 degree C by 2100, an amount too small to even notice.

The bill would bind only the U.S., not other nations, many of which, like China, are ‘polluting’ at a record pace. Also note that many European nations that have already imposed similar emissions restrictions have seen their emissions rise. But what would the costs be for this quixotic legislative paean to earth goddess Gaia? Contrary to the flawed analyses being advanced by the bill’s proponents, Heritage estimates that the direct costs would be an average of $829 per year for a household of four, totaling $20,000 between 2012 and 2035. But when considering the total cost as reflected in the cost of allocations and offsets, the average cost to that family unit would be $2,979 annually from 2012 to 2035. Adding insult and hypocrisy to injury, the bill would hurt the poor the worst because they would bear a disproportionate burden of the higher energy costs the bill would trigger. Now here’s the kicker. The bill is also projected to harm the manufacturing sector and cause estimated ‘net’ job losses, averaging about 1.15 million between 2012 and 2030. The overall gross domestic product losses would average $393 billion per year from 2012 to 2035, and the cumulative loss in gross domestic product would be $9.4 trillion by 2035. The national debt for a family of four would increase by $115,000 by 2035. Enough already. Throw the bums out.” Source: David Limbaugh

If that is not enough to make your head spin think on this. New York Times columnist Paul Krugman wrote, “As I watched the (global warming) deniers make their arguments, I couldn’t help thinking that I was watching a form of treason — treason against the planet.”Sounds like a writer for Nazi Germany in 1939!
Don’t get me wrong. It’s not really newsworthy when leftists incline toward criminalizing their political opponents. Both Krugman and his colleague Frank Rich wrote columns last month essentially blaming President Barack Obama’s critics for the murders of abortion doctor George Tiller and the U.S. Holocaust Memorial Museum security guard.

While President Obama says that global warming “science is beyond dispute and the facts are clear” and Krugman says the “warming deniers” have “contempt for hard science,” the record reveals a different story. If anyone has contempt for hard science, it is the Krugman leftists, who, either because of their political agenda or ideological predispositions, refuse to acknowledge — let alone consider — opposing opinions, even when they come from “hard scientists.”

One way they deal with the very real fact that there is significant opposition to their dogmatic conclusions is to personally attack their opponents, usually saying evil corporations with vested interests in destroying the planet have bought them off. Just as often, they simply out-yell, ridicule, ignore or attempt to silence them. Remember when MIT’s Richard Lindzen acknowledged that many scientists refuse to publicize their dissent to make “their lives easier”?

I would like to know how Krugman and Obama would explain away the fact that more than 31,000 scientists, including more than 9,000 with Ph.D.s, have signed a petition urging the United States government to reject the global warming agreement known as Kyoto — “and any other similar proposals” — because the “the proposed limits on greenhouse gases would harm the environment, hinder the advance of science and technology, and damage the health and welfare of mankind.” Another 100 scientists have endorsed a newspaper ad by the Cato Institute challenging the president’s “facts” on global warming.

But these authoritarian leftists don’t just scoff at the hard science contradicting their conclusions about global warming and the extent to which man is contributing to it. In their close-minded arrogance, they completely ignore any scientific inquiry into whether cap and trade legislation would have any appreciable impact on the alleged problems.

But if they are so sure of their scientific position, why are we reading reports from the CBS Political Hotsheet, that “the Environmental Protection Agency may have suppressed an internal report that was skeptical of claims about global warming, including whether carbon dioxide must be strictly regulated by the federal government, according to a series of newly disclosed e-mail messages”?

That’s correct! the Hotsheet reports that “less than two weeks before the agency formally submitted its pro-regulation recommendation to the White House, an EPA center director quashed a 98-page report that warned against making hasty ‘decisions based on a scientific hypothesis that does not appear to explain most of the available data.’”

So much for honesty and transparency in the Obama administration. It is past time that Americans wake up and realize that Obama is He## bent on destroying the Capitalist system and our freedoms so he can have better America. A socialist one!!

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