Cap and Trade...
There was a poll taken by a national news outlet and it found that only something like 13% of Americans understood what cap and trade is just by the mention of the name. Which means education on the subject is not a priority of the white house. The president would rather slip this through without the public understanding just how outrageously left he is before it's to late.
Cap and Trade is a plan by the government to put a limit (cap) on CO2 omissions for companies that use carbon based fuels. When they exceed this cap they are taxed. The cap on CO2 will be set at levels as high as 20% of current levels. Cutting CO2 omissions 80% is impossible for any company.
The trade part is company's can trade carbon credits among one another by what ever medium they want.
Because businesses do not pay taxes. (They just pass the cost on to the customer. If they don't they cannot afford it and go out of business.) The congressional budget office estimate the increased tax revenue at 650 billion dollars. The CBO is most always wrong by about 5-10 times. But just for arguments sake lets say that they are right. 650 billion divided by every house hold in America that uses energy is about $3100 a year. That is not money we save of get back as a stimulious; it is extra money that we pay for power, and water, and gas, and natural gas, and propane.
Like I said in an earlier blog WE CANNOT AFFORD THIS PRESIDENT!
President Obama told the congress leadership that he wanted to push this through by august. Keeping with my earlier point, get it through without the public finding out about it. He and all the dems know that this is an economy killer. Get the word out.
A BLOG DEDICATED TO TEACHING MEN HOW TO BE LOVED BY THEIR WIVES.
Wednesday, May 27, 2009
I said "we cannot not afford Obama"
Posted by Joshua C at 8:59 PM
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