Cap & Trade is a Tax on Electricity

Fri, 03 Jul 2009 21:56:47 EST

Cap & Trade will be a crushing blow to America as we know it. This will have a huge negative impact on jobs. This is not conjecture; it is fact.

Spain has led the world in spending for "green" jobs. The net result, for every green job they lost 2.2 regular jobs. Only 2 out of 10 green jobs are permanent.

Obama talks about 100,000's of green jobs. What is a green job? Is it a job in a plant making solar panels? Making solar panels (solar photovoltaic) is an energy intensive and high pollutant causing business. The EPA will most likely not allow companies here to make solar panels on a scale large enough to serve the US. They will be made in China, so when Obama talks about green jobs, know that he is not talking about jobs in America.

This energy bill will chase jobs overseas into countries that laugh at such restraint on business and economy.

Mostly this bill will, in Obama's own words, "necessarily make energy bills skyrocket". People are having a hard time paying their mortgage now. What happens when their electric bill goes up by 50% or 100%. What happens to this nation when the choice is "eat or heat". There will be a huge nagative impact on the coal producing states and well as on rail lines used for the transportation of coal from the mines to the coal fired elecdtric plants.

As for your businesses and family...? How does a working man save for a down payment when the government taxes away every bit of disposable income he has? How much can they afford when interest rates start to increase under the inflation that everyone anticipates with the deficit spending unlike anything we've ever seen. Add the current drafts of the healthcare bill on top of it all... I don't see any light at the end of the tunnel.

It is not just ONE thing; it is the bundle of new programs and it is coming fast because they want it to come so fast that you can't comprehend it all. A 1000+ page piece of legislation is being passed with no one reading it. 300 pages were added at the very end and the drones just vote it in because, "we need to do something". Perhaps a rule should be added stating that before voting on any piece of legislation, the Congress amn of Senator must actually read every word of the legislation before tha vote. "Czars" are being appointed to fix (control) things (without any checks and balances, without confirmation hearings). One second Obama says the government will not have day to day involvement in GM, the next moment the CEO of GM says that the "Car Czar" calls him everyday.

Have you had enough CHANGE yet?

Call your senators, get involved, they think you don't care, they think they know better than you. Tell them that voting yes on this Energy Bill and the Health Care Bill will be like writing their resignation letter.

TRCB.com RSS Feed

Cap & Trade is a Tax on Electricity