As you've probably already heard, yesterday the House passed the "cap and trade" bill, also known as the "cap and tax" bill. This bill was 1,200 pages long, probably was read by virtually none of the congressmen who passed it, and is a complete piece of #$%^. It seeks to reduce carbon dioxide and other greenhouse gas emissions by EIGHTY THREE percent by the middle of the century. It affects none of the real polluters out there (are you listening China and India) but is expected to add around $1,600 (by some estimations) to each US family's expenses annually in the form of higher energy costs and higher costs for everything that's manufactured b/c of the ridiculous burden this bill places on manufacturers.
One the most ridiculous parts of the bill is the fact that that slobbering idiot Barney Frank put a "placeholder" in the bill that apparently will deal with regulations of financial derivatives market associated with reducing carbon emissions. Frank says he is confident a “good system will be in place.” Meaning we are supposed to believe they will come up with something intelligent and insert it where the "placeholder" is. Wait a second, wasn't he the guy who forced banks to make bad loans, leading to the "housing crisis", leading to our current economic state?
In addition, this bill is going to increase costs on our domestic oil by requiring domestic oil producers to pay for carbon dioxide released from their plants. Foreign oil won't have those carbon costs. Wait a second, didn't Obama want to decrease our reliance on foreign oil? Do you think this will help us compete?
Eight horrible Republicans voted for this thing. One proud moment for me was when my congressman, Tom Price, whom I correspond with regularly, stood up and said he wanted a moment of silence for all of those whose jobs will be killed under this bill. He was denied, of course.
Now, Obama is urging the Senate to pass it, saying it will cost each American only the cost of a "postage stamp" per day, and will help us to invest in clean energy. First of all, if I were to believe the lying Obama, I would still have to cough up an extra $1.64 for my family each and every day. I don't want to give DC another stinking PENNY. Second, that completely disregards the fact that this bill is going to force manufacturing jobs overseas. There is no way around that. Since my husband is an engineer for manufacturing plants, this could be bad news. Obama's response? "In California alone, 3,000 people will be employed to build a new solar plant that will create 1,000 permanent jobs." YEAH, RIGHT, just like all those stimulus jobs were going to save us. Just like the unemployment rate was going to drop, not skyrocket. I don't believe one single thing that comes out of that lying liar's mouth.
I heard some more shocking things about this bill (for example, we will be paying Brazil not to cut down trees) but I haven't had time to compile a list. It will come later.
CALL YOUR SENATORS AND TELL THEM IF THEY SIGN THIS, THEY ARE FIRED.
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