Conventional wisdom says that cap and trade is dead, since America’s crippled economy simply can’t absorb another blow. Yet, while proposals to limit emissions of so-called greenhouse gases through a trading program may be on life support, it’s not quite time to administer last rites. Recent signs suggest that the administration and Democrats are getting ready to make one more big push in an effort to force something through.
The reason that Obama is so enamored with the program is obvious. Given the president’s inability to cut spending in any meaningful way, his only hope of restoring some sanity to the federal budget is a massive tax. Of all the available options, two have the potential to raise enough revenue to stem (not eliminate) the river of red ink pouring through the streets of Washington. The first, a value added tax (VAT), will almost surely be on the table when the president’s fiscal commission issues its recommendations after the elections. Cap and trade is the other option, although it wouldn’t be surprising to find that the administration angles for both in the long run. Just think of all the wonderful things they could do with all that cash.
The challenge Obama and Democrats face is framing a message that will resonate with the American people. So far, we have been variously told that cap and trade is necessary to save to planet, to free the United States from the tyranny of foreign oil, and to reassert out technological dominance in the energy sector. None of these attempts to spin an idea that most people recognize as having a debilitating effect on the economy have been very effective. Despite the best efforts of liberals and their allies in the mainstream media, far fewer Americans believe that human activities have or can affect the earth’s climate today than when our ocean-reversing President took the oath of office. The idea that we’d all be better off driving hugely expensive, inherently inefficient electric cars is ludicrous on its face. China’s supposedly “green economy” is in fact built upon coal-fired power plants and huge hydroelectric projects, though they are more than happy to churn out solar-panels for gullible Americans to buy.
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He doesn't need new laws. Go read the USDA five year plan and you'll find Obama will implement everything he desires using the EPA, five year plans that emphasis "climate change" and pollution along with fines. They even will implement international agreements even if not approved by Congress (see page 9 of the USDA plan for example).
Why waste the effort when there are things like VAT hanging down from the tree?
Obama's overarching goal is conversion from capitalism to socialism and from nationalism to globalism. That process actually started under Prez Wilson, was accelerated under Prez FDR, boosted under Prez LBJ — Obama sees his role as being the guy to finalize the deal.
The unconstitutional ObamaCare deal was a brilliant first stroke, gobbling up one sixth of the U.S. economy.
Being able to implement Cap & Tax would close the deal. Implementing a VAT tax would be the final nail into the coffin, putting government into every transaction in the economy. Then we're Europe, which is insolvent by the way, as are we.
Prez Obama knows that it's better to be an insolvent socialist state than an insolvent capitalist state, because there would be more government control and less freedom, as is the case in his birthplace Kenya and his homeland Indonesia (the world's most populous Islamic nation).
He and his will stop at nothing to destroy this Country and bring it to its knees for easy takeover. His plan all along is to have America in the same economic state as Kenya, his homeland. He has done everything presidentially possible to destroy this economy and is using every dirty trick and power of his office to succeed at his "end". Saul Alinsky would be so proud of his student.
Many have, right or wrong, compared Obama's election and actions since with Hitler's.
I don't agree that Obama = Hitler in every way.
However, as a student of History, especially the period of the first half of the twentieth century, I must say that there are many similarities between now and the 1930's in Germany. And, some of the same factors led to Obama's election.
Perhaps the most glaring is the fact that, like Hitler, Obama's books published before he ran for president, clearly stated in detail his beliefs and what he intended to do! And, like the German people then, most American's either didn't believe he meant what he said, or just plain didn't read the books.
In less than two years, Obama has done more to destroy our Republic, and shatter the Constitution, than Carter did in 4 years, or Clinton in 8 years. So badly has he messed up the economy that we be witnessing the complete destruction of the middle class.
And, remember, the same period would put Hitler in about 1935.
Cap and trade would destroy the State of West Virginia, and if anyone could stop it, it would have been Sen. Robert Byrd whose death might be as fortuitous for Øbama as Hindenburg's death in 1934 was for Hitler.
“Cap and trade is dead” is an anesthetic to get the opponents to relax and stop fighting it. How many times did we hear that ObamaCare was “dead” before they shoved it down our throats? Stay vigilant because they still desperately want this legislation.
I am in my 60s and this is the first time I have seen elected representatives so not work in the best interests of the people and to ignore the majority of the people. How can anyone ever trust the dems again?
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