When ever the Obama administration talks new programs it most often translates into how he plans to put a dent in the ever expanding deficits he has created for every American family. This is particularly so in that Obama has indicated that half of the deficits will be paid back in his first four years. This is complete nonsense to suggest he can do this and we must focus like a laser on everything this man says from this point forward. He cannot be trusted and cap and trade is a perfect example. The trickle down cost to a typical family will be at or more than $3,000. per year in new energy costs. Obama will not pay back the deficit, we taxpayers will, and it will get worse because this is only one way the Obama administration will extract dollars out of your wallets.
Remember, when government develops and sells a new tax, and cap and trade is nothing more than a shell game, it is a new taxing method, the income derived will be spent, it will probably not go against the deficits, that is a pipe dream, as these schemes are developed by Obama’s spin masters to satisfy their spending plans.
The Republicans would do well to tie in the cap and trade to the plans that Obama has to reduce the deficits, and this is how they can either defeat or make the cap and trade so undesirable to Obama’s people that they abandon it totally. At the same time they must get the message out that new expenses will impact each family as a result of cap and trade taxes. The Republicans must call cap and trade a tax which is what it is.
How did this idea get started, and the answer is switch and bate by Democrats, and their issue is carbon emissions. If you talk to real scientists, you will learn that Carbon has been around for billions of years, it is not destructive, in fact carbon is the foundation of much of the basis of life, and we might even harm nature if we remove carbon by any meaningful amount. We cannot do that, so this is nothing but a myth generated by Al Gore who probably generates more carbon footprints in his jet and massive home in Tennessee than any 100 families in America combined. This save the earth stuff is creating opportunities for snake oil salesmen and that is what this is all about. It is good that Republicans are doing energy summits but they need to tie in the actual truth of what the carbon issue is all about. It is about taxing the day lights out of each American family.
Now this Whitehouse tax machine is adding into cap and trade carbon emissions “AND OTHER GREEHOUSE GASSES”. This is because the argument has been raised that carbon is not as evil as the Whitehouse experts have suggested. So you see, the tax machine (Obama Whitehouse) has had to expand the notion beyond carbon as insurance against declining scientific evidence that carbon is not that harmful. Other gasses give them insurance that they have some kind of reason to tax the living daylights out of each citizen of this country when the carbon issue dies. Unbelievable how these spin machines reinvent their missions and there are endless new crisis ideas they will create to continue this bait and switch machine.
Of course this is elementary, but carbon is being blamed for global warming, but the concept of global warming is under attack as a non-provable problem, as seen in the literature of recent. Cycles can explain the ebb and flow of warming and cooling over a wide demographic period, therefore we are looking at a cap and trade program that may not be needed. There is no science yet that says carbon is harmful to humans or the earth other than it is blamed for man’s recent claims of global warming. Now because that myth is being questioned, why move forward with a cap and trade program that most likely will prove to be nonsense also.
The cap and trade would cost jobs, lots and lots of jobs, 2.3 Million to be expected, but this is a conservative figure, it could be more like 3.5 to 5 Million jobs lost, and these are permanent losses according to The Charles River Associates report in the WSJ referenced article below.
All of the Cap and Trade has to be viewed in context of a continuing Kyoto Protocol decision yet to be made, that is the next bomb to drop on global warming, so the Democrats are not discussing the Kyoto issue now, that is laying in wait for another day, a massive negative issue that will raise up again after the Democrats either get the Cap and Trade passed or not, another way to insult the American family with needless cost and economic hardship if Kyoto is passed in this country. Kyoto is the vehicle of most of the survivors of the communistic rulers who have lost their positions in USSR and Kyoto types of groups are their new home to pillage the world of economic dollars and benefit with their own personal wealth.
Of course what the public is not being educated on is that the Obama administration has lied and is shutting down any chance of meaningful exploration, discovery and drilling for existing petroleum within our borders, which is utter stupidity, at a time when we could be looking for new energy sources, but keeping our economy moving forward at the same time while using existing petroleum resources effectively. The Obama spin masters are practicing massive government re-engineering of the American economic system to extract what they will say is the payback tax needed to continue their appetite for spending massively.
And now a new Democratic initiative to hit your wallets, Value Added Taxes, 25% on goods and services, a European type tax is now being considered by Obama, an additional tax because he has to come up with some way to pay for his Universal Health Care plus the massive debt load already on the books. This alone will be devastating to families, and it would be on top of cap and trade, and other taxes that are planned. A VAT tax is evil more so because it is a stealth tax not seen by the public, it is added onto the price of goods and services and does not show up in a sales slip. European counties have imposed a VAT tax for years, and the public in Europe has become accustomed to it, but that does not make it viable in the USA.
I will have a new posting on this evil VAT Tax plan next. We can only deal with a certain amount of bad news in a given day. I am exhausted just with what I covered in this posting, I cannot take any more today.
Common sense seems to be a forgotten commodity in Washington these days.
Jim The Conservative
http://economix.blogs.nytimes.com/2009/05/27/how-much-will-cap-and-trade-cost/
http://online.wsj.com/article/SB123655590609066021.html
http://nordhaus.econ.yale.edu/dice_mss_091107_public.pdf
Thomas Wigley, “The Kyoto Protocol: CO2, CH4 and Climate Implications,” Geophysical Research Letters, Vol. 25, No. 13 (1998), pp. 2285-2288.
http://www.upi.com/Business_News/2009/05/27/National-sales-tax-debate-begins-to-stir/UPI-41781243442014/
