Cap and Trade Dementia (1)
Barack Obama called for House passage of the cap and trade tax bill last Friday by calling it a jobs bill. The bill is designed to raise the price of energy in the U.S. so much that it will reduce the use of fossil fuels by 17% by 2020 and by 83% by 2050. Sentencing the U.S. economy to high cost energy is not a particularly good strategy for creating jobs. The Charles River Associates, a Harvard based economics consulting firm, estimates a net loss of jobs from the bill of about 2.5 million each year.
This is surely a gross underestimate of the net job losses from a bill designed to reduce the use of fossil fuels to the level in 1907. All those soccer moms better get used to riding their horses to the grocery store and back. And their husbands better get used to working the farms again, by hand, as high cost energy will chase remaining American manufacturing out of the country to India and China, which do not suffer from Al Gore’s delusions about supposed global warming.
Yet Barack Obama calls it a jobs bill. This reflects a by now well-established pattern of deceptive, misdirection rhetoric, raising broadly appealing ideals in promotion of policies that would do just the opposite. For example, Obama is also trying to sell us a new health care entitlement, larger than any of our already grossly overgrown entitlements we can’t finance, with the argument that it will actually reduce costs, even while CBO estimates that it will increase Federal spending by $1.6 trillion (woefully underestimated).
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Notes:
For a long time now I’ve been trying to warn people that “cap and trade” is nothing more than a UN sponsored wealth transfer scheme. A scheme which transfers money in your wallet into the wallets of first world shysters (Gore — Suzuki) and dictators in third world countries.
Why is this happening?
In large part because third world countries dominate the UN with their votes. They don’t want to earn their place as a first world country (G8)…they want to steal it and China is the best example I can think of.
Watch the movie (there are more in my “Links” area) and stop to think.
You and your vote can change this picture but only if you understand what is truly happening and see through the “hucksterism”. If you fail to heed the warning given by many people who know because they are well qualified you are on your own and you have literally begged for everything you are about to recieve.
It will take you an hour to learn.
If you don’t it may well take generations to undo the damage you helped to cause (if it ever can be).
Regarding the video in the sidebar:
I’ve changed it because I feel whatever Michael Jackson was accused of in his personal life (it was a screwed up mess in my view) he has now cast off one existance for another and it all no longer matters.
At heart he was an entertainer and “Billie Jean” was one of his biggest hits.
Small wonder.
It will remain until after his funeral because I feel he earned his place alongside stars like Elvis and the video is my personal tribute to the “Peter Pan” who stole the hearts of an entire world.
My view — you can’t do better than that.
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Male, retired and the rest is of little interest to anyone. The site keeps me busy and if it helps others to stay abreast of daily events then my time is well spent.
beentheredonethat Says:
“The most reliable satellite weather data shows that global atmospheric temperatures have declined over the last 11 years, with the trend downward accelerating. Even global warming advocates are now conceding that this trend may continue for decades. ”
These two shysters are well aware of the above. The fix is almost in. These two yahoos fully intend on taking full credit for the temperature reductions that occur after cap and trade even though they were declining naturally before and will continue to decline afterwards no thanks to this bill. A fraud from start to finish and I’m afraid we’re going to let it happen without putting up too much of a fight.
Posted on July 3rd, 2009 at 3:32 pm
beentheredonethat Says:
I have just forwarded this entry to a good number of my closest friends. I doubt if a single one of them has ever raised any concerns about cap and trade with their MP even though they are bitching about it continually. This is going to happen, when it doesn’t have to, because people are just too damn lazy to get involved, no matter what the cost. Pathetic.
Posted on July 3rd, 2009 at 3:39 pm
hynd Says:
People have been so bambozzled that they have bought the GW snake oil, hook, line and sinker. The only hope is if just some government somewhere just says NO.
Posted on July 3rd, 2009 at 4:09 pm
Joanne (T.B.) Says:
Why is this happening?
In large part because third world countries dominate the UN with their votes.
Ah ha…. Now it’s starting to make sense. Thanks for the insight Jack.
Posted on July 4th, 2009 at 6:22 am
Mac Says:
It’ll be interesting to see where the Obama/Pelosi Cap & Trade Bill ends up… Will it rival the New Deal as the worst economic legislation in American history?
Posted on July 4th, 2009 at 12:53 pm
Lindsay Says:
Odd, I expected someone, somewhere to try for an interview with Maurice Strong (Bob Rae’s “Uncle Mo”). Last item I found was a February letter to the Financial Post about “Let China buy Detroit”. Is he still working behind the scenes at the U.N.? It’s worrisome when …
Posted on July 4th, 2009 at 11:25 pm
Jema54 Says:
Lindsay – last I heard unca mo was in China. Unca Mo and many big shots in the UN, bigshots in the Canadian/AmericanLiberano Parties ( Power corps, petrocan, portafina, GE), France, Russia … lost gazillions of dollars when GW Bush invaded Iraq. The Coalition of the Willing flat lined the cheap oil for $$ scam that the UN had initiated for their own and their co conspirators enrichment. Instead of sending food and medicine to the sanctioned Iraq, for the people of Iraq; the UN and other evil doers were trading dollars for cheap oil. Saddam, the Dictator of Iraq, used the $$ to buy weapons and an army to terrorize his own people. The cheap oil was sold on the open market by the traders in human misery. The ‘traders’ got very rich on the backs of the Iraqi people. Shakespeare called this nefarious type of ‘trading’ “getting a pound of flesh”. Very appropriate to describe this unspeakable business, IMO.
The temperature hoax was, in my opinion, invented to replace that source of $$, lost by the actions against the thug, Saddam, that the elitists needed to impoverish and takeover the free world. Pesky free and economically independent citizens make it difficult for a Communist cult to take over; esp if those citizens are armed so the elitists had set up a carbon trading hoax to enrich themselves and impoverish all others, thus killing two birds with one stone; so to speak.
That is all …nothing to see here ..move along…peons!!
BTW, you sound refreshingly like Glenn Beck, Jack. I like this tone, it is time people who have the well being of others at heart draw a line in the sand. Either you are for yourselves or you are slaves at heart. Cast your lot.
Posted on November 22nd, 2009 at 4:38 pm