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by SitasMom on 26 June 2009 - 01:06
Any of you who live in a coal producing state - VA, WV, PA, WY, CO - this will cost thousands of jobs - directly.
Any of us who has part of our power coming from coal - we will take a bit hit in the bank account. (50% of our electricity is generated by coal). No Nuclear is not an option the president will not allow new nukes to be built...........
Any one who heats a hot tub - you will be taxed extra (yes, its in the bill). Its really amazing reading.............
This bill is all about controlling citizens and not about reducing CO2...........
House Votes Friday on Pelosi's Energy Tax Liberals Pull Out all the Stops to Rush through Pelosi's Energy Tax! Take Action!
Your calls are working, keep them coming!
June 25, 2009
As the House floor vote on the Waxman-Markey cap-and-tax bill approaches, Speaker Nancy Pelosi (D-CA) and her Liberal leaders are still unsure if they have enough votes to pass their national household energy tax.
Your calls of opposition are so effective that President Obama himself is rumored to be making calls to Members of Congress in an effort to persuade them to vote for the bill. Even liberals have acknowledged that this bill is, in fact, a huge tax on American families:
"Whether you call it a tax, everyone agrees that it's going to increase the cost to the consumer. At the end of the day . . . if there's nothing there to repay [consumers] for their financial expenditures, it might be difficult to fight Republicans who call this a tax."
— Rep. Charles Rangel (D-NY), Chairman of the House Ways and Means Committee, quoted in Congress Daily, May 14, 2009.
"Nobody in this country realizes that cap-and-trade is a tax, and it's a great big one."
— Rep. John Dingell (D-MI), House Energy and Commerce Committee hearing, comment addressed to former Vice President Al Gore, April 24, 2009.
Even worse, over the past few days, the so-called American Clean Energy and Security Act of 2009, H.R. 2998 (please note the new bill number) has expanded to a whopping 1,201 pages! It looks as though we are facing yet another stimulus-like, hasty vote on a bill which no Member of Congress will have time to read.
Take Action!
The floor vote is expected to occur Friday, June 26th. Please continue contacting your Representative's Capitol Hill and district offices and tell them that you oppose the Waxman-Markey cap-and-tax!
Capitol Switchboard: 202-224-3121
Any of us who has part of our power coming from coal - we will take a bit hit in the bank account. (50% of our electricity is generated by coal). No Nuclear is not an option the president will not allow new nukes to be built...........
Any one who heats a hot tub - you will be taxed extra (yes, its in the bill). Its really amazing reading.............
This bill is all about controlling citizens and not about reducing CO2...........
House Votes Friday on Pelosi's Energy Tax Liberals Pull Out all the Stops to Rush through Pelosi's Energy Tax! Take Action!
Your calls are working, keep them coming!
June 25, 2009
As the House floor vote on the Waxman-Markey cap-and-tax bill approaches, Speaker Nancy Pelosi (D-CA) and her Liberal leaders are still unsure if they have enough votes to pass their national household energy tax.
Your calls of opposition are so effective that President Obama himself is rumored to be making calls to Members of Congress in an effort to persuade them to vote for the bill. Even liberals have acknowledged that this bill is, in fact, a huge tax on American families:
"Whether you call it a tax, everyone agrees that it's going to increase the cost to the consumer. At the end of the day . . . if there's nothing there to repay [consumers] for their financial expenditures, it might be difficult to fight Republicans who call this a tax."
— Rep. Charles Rangel (D-NY), Chairman of the House Ways and Means Committee, quoted in Congress Daily, May 14, 2009.
"Nobody in this country realizes that cap-and-trade is a tax, and it's a great big one."
— Rep. John Dingell (D-MI), House Energy and Commerce Committee hearing, comment addressed to former Vice President Al Gore, April 24, 2009.
Even worse, over the past few days, the so-called American Clean Energy and Security Act of 2009, H.R. 2998 (please note the new bill number) has expanded to a whopping 1,201 pages! It looks as though we are facing yet another stimulus-like, hasty vote on a bill which no Member of Congress will have time to read.
Take Action!
The floor vote is expected to occur Friday, June 26th. Please continue contacting your Representative's Capitol Hill and district offices and tell them that you oppose the Waxman-Markey cap-and-tax!
Capitol Switchboard: 202-224-3121
by SitasMom on 26 June 2009 - 01:06
Wall Street Journal
House Speaker Nancy Pelosi has put cap-and-trade legislation on a forced march through the House, and the bill may get a full vote as early as Friday. It looks as if the Democrats will have to destroy the discipline of economics to get it done.
Despite House Energy and Commerce Chairman Henry Waxman's many payoffs to Members, rural and Blue Dog Democrats remain wary of voting for a bill that will impose crushing costs on their home-district businesses and consumers. The leadership's solution to this problem is to simply claim the bill defies the laws of economics.
Their gambit got a boost this week, when the Congressional Budget Office did an analysis of what has come to be known as the Waxman-Markey bill. According to the CBO, the climate legislation would cost the average household only $175 a year by 2020. Edward Markey, Mr. Waxman's co-author, instantly set to crowing that the cost of upending the entire energy economy would be no more than a postage stamp a day for the average household. Amazing. A closer look at the CBO analysis finds that it contains so many caveats as to render it useless.
Henry Waxman
For starters, the CBO estimate is a one-year snapshot of taxes that will extend to infinity. Under a cap-and-trade system, government sets a cap on the total amount of carbon that can be emitted nationally; companies then buy or sell permits to emit CO2. The cap gets cranked down over time to reduce total carbon emissions.
To get support for his bill, Mr. Waxman was forced to water down the cap in early years to please rural Democrats, and then severely ratchet it up in later years to please liberal Democrats. The CBO's analysis looks solely at the year 2020, before most of the tough restrictions kick in. As the cap is tightened and companies are stripped of initial opportunities to "offset" their emissions, the price of permits will skyrocket beyond the CBO estimate of $28 per ton of carbon. The corporate costs of buying these expensive permits will be passed to consumers.
The biggest doozy in the CBO analysis was its extraordinary decision to look only at the day-to-day costs of operating a trading program, rather than the wider consequences energy restriction would have on the economy. The CBO acknowledges this in a footnote: "The resource cost does not indicate the potential decrease in gross domestic product (GDP) that could result from the cap."
The hit to GDP is the real threat in this bill. The whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less. These higher prices will show up not just in electricity bills or at the gas station but in every manufactured good, from food to cars. Consumers will cut back on spending, which in turn will cut back on production, which results in fewer jobs created or higher unemployment. Some companies will instead move their operations overseas, with the same result.
When the Heritage Foundation did its analysis of Waxman-Markey, it broadly compared the economy with and without the carbon tax. Under this more comprehensive scenario, it found Waxman-Markey would cost the economy $161 billion in 2020, which is $1,870 for a family of four. As the bill's restrictions kick in, that number rises to $6,800 for a family of four by 2035.
Note also that the CBO analysis is an average for the country as a whole. It doesn't take into account the fact that certain regions and populations will be more severely hit than others -- manufacturing states more than service states; coal producing states more than states that rely on hydro or natural gas. Low-income Americans, who devote more of their disposable income to energy, have more to lose than high-income families.
Even as Democrats have promised that this cap-and-trade legislation won
House Speaker Nancy Pelosi has put cap-and-trade legislation on a forced march through the House, and the bill may get a full vote as early as Friday. It looks as if the Democrats will have to destroy the discipline of economics to get it done.
Despite House Energy and Commerce Chairman Henry Waxman's many payoffs to Members, rural and Blue Dog Democrats remain wary of voting for a bill that will impose crushing costs on their home-district businesses and consumers. The leadership's solution to this problem is to simply claim the bill defies the laws of economics.
Their gambit got a boost this week, when the Congressional Budget Office did an analysis of what has come to be known as the Waxman-Markey bill. According to the CBO, the climate legislation would cost the average household only $175 a year by 2020. Edward Markey, Mr. Waxman's co-author, instantly set to crowing that the cost of upending the entire energy economy would be no more than a postage stamp a day for the average household. Amazing. A closer look at the CBO analysis finds that it contains so many caveats as to render it useless.
Henry Waxman
For starters, the CBO estimate is a one-year snapshot of taxes that will extend to infinity. Under a cap-and-trade system, government sets a cap on the total amount of carbon that can be emitted nationally; companies then buy or sell permits to emit CO2. The cap gets cranked down over time to reduce total carbon emissions.
To get support for his bill, Mr. Waxman was forced to water down the cap in early years to please rural Democrats, and then severely ratchet it up in later years to please liberal Democrats. The CBO's analysis looks solely at the year 2020, before most of the tough restrictions kick in. As the cap is tightened and companies are stripped of initial opportunities to "offset" their emissions, the price of permits will skyrocket beyond the CBO estimate of $28 per ton of carbon. The corporate costs of buying these expensive permits will be passed to consumers.
The biggest doozy in the CBO analysis was its extraordinary decision to look only at the day-to-day costs of operating a trading program, rather than the wider consequences energy restriction would have on the economy. The CBO acknowledges this in a footnote: "The resource cost does not indicate the potential decrease in gross domestic product (GDP) that could result from the cap."
The hit to GDP is the real threat in this bill. The whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less. These higher prices will show up not just in electricity bills or at the gas station but in every manufactured good, from food to cars. Consumers will cut back on spending, which in turn will cut back on production, which results in fewer jobs created or higher unemployment. Some companies will instead move their operations overseas, with the same result.
When the Heritage Foundation did its analysis of Waxman-Markey, it broadly compared the economy with and without the carbon tax. Under this more comprehensive scenario, it found Waxman-Markey would cost the economy $161 billion in 2020, which is $1,870 for a family of four. As the bill's restrictions kick in, that number rises to $6,800 for a family of four by 2035.
Note also that the CBO analysis is an average for the country as a whole. It doesn't take into account the fact that certain regions and populations will be more severely hit than others -- manufacturing states more than service states; coal producing states more than states that rely on hydro or natural gas. Low-income Americans, who devote more of their disposable income to energy, have more to lose than high-income families.
Even as Democrats have promised that this cap-and-trade legislation won
by BabyEagle4U on 26 June 2009 - 03:06
Yep, tonight is the last night to oppose the Cap and Tax ..
SwitchBoard: 1-888-355-3588
SwitchBoard: 1-888-355-3588
by SitasMom on 26 June 2009 - 04:06
I hope that the people on this board are intellegent enough to understand what will happen if this goes through.
and smart enough to make the phone call...........
it will so heavily tax everything that we purchase, we will have to eat dog food, and our dogs will starve.
hyper inflation and word depression would very easily result.
and smart enough to make the phone call...........
it will so heavily tax everything that we purchase, we will have to eat dog food, and our dogs will starve.
hyper inflation and word depression would very easily result.
by CrysBuck25 on 26 June 2009 - 04:06
Good job, folks. Regardless of politics..voting for a Senate, Congress, and President who suck up to the whacked out environmentalists was just plain stupid. I've seen absolutely nothing to convince me of global warming. It's just a bunch of crap cooked up by a bunch of propagandists, and sold to the world. All plants scrub carbon from the environment and put out oxygen, and I'm supposed to believe this?
"For decades, other countries have thought Americans stupid...Then in November, we went to vote and removed all doubt." Author Unknown.
I'll be calling in, but simply put, I'm not sure our voices can be heard over the vast profits expected from this. How about a Twenty Million Family March on Washington, DC? Oh, that's right. We'd all be arrested, or shot on sight, for being terrorists, if we did such a thing.
The thing I'm wondering about, is this: How can the rich SOBs get richer, once the poor man's been bled dry? When you take all a man has, he's got nothing left to lose.
Skyrocketing taxes on everything, and your income taxed to the point where there's nothing left, and top that off with mandatory health insurance. Boy, oh boy...here comes that change the libs ordered. Scary.
Crys
"For decades, other countries have thought Americans stupid...Then in November, we went to vote and removed all doubt." Author Unknown.
I'll be calling in, but simply put, I'm not sure our voices can be heard over the vast profits expected from this. How about a Twenty Million Family March on Washington, DC? Oh, that's right. We'd all be arrested, or shot on sight, for being terrorists, if we did such a thing.
The thing I'm wondering about, is this: How can the rich SOBs get richer, once the poor man's been bled dry? When you take all a man has, he's got nothing left to lose.
Skyrocketing taxes on everything, and your income taxed to the point where there's nothing left, and top that off with mandatory health insurance. Boy, oh boy...here comes that change the libs ordered. Scary.
Crys
by SitasMom on 26 June 2009 - 11:06
The sinerio is half Atlas Shrugged and half 1984 come to real life..............
Our country is in shuch a state and thesheep people are too stupid to do anything about it........all they care about is poor child molesting Micheal Jackson and his ilk.
Our country is in shuch a state and the
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