The morons that voted YES in the house of representatives are as stupid as the people that voted for GANGSTAPUPPETOTUSPOS. It is clear these morons don't care a bit for the USAmerican people. DO YOU KNOW HOW I KNOW THIS? Because it was humanly impossible for anyone of these morons to have read or understood the 1300 pgs of this bill, since 300pgs of changes were added this morning a 3AM! Pelosi also broke the 24hr promise of letting the American people view it, before they vote. Just like the sheeple that voted for GANGSTAPUPPETOTUSPOS who voted unknowingly for a marxist.
They just raised the average familys' annual expenses by $1500.00 to $3000.00. In other words your taxes just went up significantly. Another broken campaign promise, hope and change, $ucker$!!!!!
From the Examiner:
"The American Clean Energy and Security Act, better known asWaxman-Markey for its sponsors, is being rushed to a vote in what hasbecome a trademark move for the Pelosi-Reid Congress. The key componentof the bill is a cap and trade scheme for controlling greenhouse gasses.
Criticsof the bill claim the cap and trade plan will tax energy usage acrossthe board, which will hit taxpayers both directly in their own energyconsumption and indirectly through increased cost in the production ofgoods.
Even supporters of the bill seem to be doing so from asense of "something is better than nothing", but see many flaws in thelegislation. An article by Yale Environment 360calls out two primary weaknesses. The first is that concessions toindustrial lobbies has lowered the greenhouse gas reduction targets tothe point of irrelevance. The second is the removal from the EPA of theauthority to regulate emissions from coal plants.
There are other controversial points as well. According to Investor's Business Daily, the act would pay companies, domestic and foreign to notcut down trees. This component is suprising from an administration thathas so often and loudly decried the transfer of American wealthoverseas.
At the heart of the battle over Waxman-Markey is theactual impact of the legislation on taxpayers and the economy. TheCongressional Budget Office cites the impact on the average householdas about $175 per year. Yet the CBO's own report adds a disclaimer in a footnotestating, "The resource cost does not indicate the potential decrease ingross domestic product (GDP) that could result from the cap." In fact,the Wall Street Journal points out, the report "contains so manycaveats as to render it useless."
The Heritage Foundationestimates that the bill would result in 2 million jobs lost when theact takes effect in 2012, and would remove $9.3 trillion from the GDPby 2035. The additional national debt incurred would add an estimated$115,000 per household, and cost each household $4600 in additionalenergy and consumer costs by 2035.
According to the Wall StreetJournal, even though Democrats are publicly promising no burdensomeeconomic impacts, they are privately acknowledging the potential forsignificant impact and are determined to go ahead anyway: "During thebrief few days in which the bill was debated in the House EnergyCommittee, Republicans offered three amendments: one to suspend theprogram if gas hit $5 a gallon; one to suspend the program ifelectricity prices rose 10% over 2009; and one to suspend the programif unemployment rates hit 15%. Democrats defeated all of them."
TheWall Street Journal concedes that it is difficult to estimate theactual impact of the bill, and therefore suggest looking at the UnitedKingdom, which already has many green taxes and carbon-cuttingprograms. Independent studies there indicate that these measures costBritish taxpayers as much as $1300 per year for an average family.
DuringWorld War II Americans would respond to wasteful activities with thecriticism, "Don't you know there's a war on?!" This could become thenew battlecry as the Obama administration continues to push bill afterbill with enormous potential price tags even while spending even moremoney to shore up the economy. Faced with an over-ambitious andcounterproductive White House agenda, it may be time for Americans tocry, "Don't you know there's a recession on?!"
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