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Name: MADDOG10
Location: Beautiful Florida
Country: United States
Interests: restoring old cars, winning the lottery, avid football fan, and riding my motorcycles... Both (Harleys)...!!

Tuesday, July 29, 2014

It all started in 2008, cogratulations you bought it.

New Obama EPA Rules Will Devastate Seniors

Jim Martin | Jul 28, 2014

Jim Martin
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When President Obama proposed healthcare reform that added 30 million to the insurance rolls while promising lower costs, most people who passed fourth grade math raised an eyebrow, if not a ruckus. The simple realities of supply and demand, coupled with the burden of government mandates, could only push healthcare costs skyward. With Obamacare now in effect, those early concerns have come to be realized through skyrocketing premiums, as confirmed by a recent Morgan Stanley survey of 148 national insurance brokers.


Premiums are up as much as 100 pecent in some cases, and this is after Obama promised "savings." One can only imagine what would happen to the cost of a commodity the President promises to make Americans pay more for. Unfortunately, we don't have to imagine, as this is exactly what Obama promised his energy plan would achieve.


In January of 2008, candidate Obama told the San Francisco Chronicle that "under my plan... electricity prices will necessarily skyrocket." No sanguine language here about savings, just a flat out mission to make Americans pay through the nose for energy. It's no coincidence that under Obama gasoline prices have doubled, and have remained above $3 per gallon throughout his two terms.


Now to make good on his promise to make electricity cost more, Obama's Environmental Protection Agency (EPA) have issued brutal new rules on emissions for electricity generating power plants, just what the doctor ordered for skyrocketing electricity prices. This is a story largely ignored by the mainstream press who never miss an Obama chip shot on to the green or a grip and grin in some remote diner. But Americans are catching on fast.


On HBO's "Real Time with Bill Maher," EPA Administrator Gina McCarthy declined to disagree with the host's contention that Obama was waging a "war on coal." Indeed, it was candidate Obama who in the same Chronicle interview stated, "If somebody wants to build a coal-fired plant, they can. It's just that [my plan] will bankrupt them." The President makes no bones that his aim is to make producing electricity cost-prohibitive, but in the end it will be you, me, and everybody with an outlet and a light switch paying the bill.


The EPA's war on coal is no less than a war on seniors and our nation's most vulnerable. Seniors on fixed and diminishing incomes pay a disproportionate share of their monthly budget on utilities, and Obama's EPA will serve only to make them poorer and more vulnerable. A recent Harris poll found 88 percent of seniors are at least somewhat concerned that the new EPA rules will force them to pay more. Sharing this view is a U.S. Chamber of Commerce analysis showing the new EPA rules will cost Americans $17 billion a year more to pay their electricity bills, and hit the economy with $50 billion a year in new costs.


As recently as six years ago coal accounted for about 50 percent of America's electricity, and now stands at 40 percent. Obama wants it below 30 percent, a chokehold on energy production which is nothing short of pulling the emergency brake on the economy and letting America's most vulnerable go flying through the windshield.


Seniors of limited means are least able to absorb the increasing costs of energy and electricity, as we've seen from far too many stories of elderly dying in their homes or requiring hospitalization during severe weather conditions. Clearly the President and the EPA are willing to gamble with the lives of seniors for the sake of their extreme ideology.


A study of the Administration's new power plant emissions rules revealed job losses of 442,000 by 2022, and a loss of 40 percent of electrical capacity generated by coal in the next 15 years. What's even more alarming is that the environmentalists at the EPA can't even point to a tangible, achievable benefit to these new proposed standards. The truth is these additional regulations are of benefit to no one, and do nothing to address the fact that developing nations like China and India will double their power-plant emissions in short order with Americans essentially subsidizing their increased production.



MADDOG10 said...

Congratulations, your vote just cut your own throats. There is no other way to describe the Evil in this man, other than to say He is the biggest Charlatan this world has ever produced.

1:21 PM
sully16 said...

He wants to break the middle class, we need electricity, so what goes bye bye, cable,? Cell phones ? Internet?
Because we are cutting back, someone else loses.
Think about it, if we are constantly just paying for the things we need, we are no longer buying the thinks we want, consumer spending goes down. This will catch up.
I have noticed my cable bill creeping up every few months and I am tired of it, they are raising prices for A. People who give up their cable and B. For all of those in arrears, C. For higher operating costs.
At some point, it will be to high, and massive amounts of people will get rid of it.
This can apply to all the things we purchase as a collective whole.
IMHO.I believe the Government would be quite happy to hear massive amounts of consumers are giving up internet and cable, less chance to get real time news and if you only have basic tv, you only get the news that supports their agenda.
Now on to the Federal Reserve, they have interest rates so low, that most people now think it's not worth having a savings account, so they don't save, don't have a cushion, and most certainly are not investing in the stock market or even their 401ks anymore.
This is why the rich are getting richer, not because they are taking it from people, they just have the money to invest.

1:45 PM
MADDOG10 said...

You are absolutely right Sully. I feel as though something is going to happen soon and for the better, if you can believe that.

2:59 PM
emilyg said...

sully - you are right.

3:34 PM
jarasan said...

and can be brought to grinding halt in Nov........

6:27 PM
MADDOG10 said...

Absolutely, especially if people open their eye's and VOTE>....

7:18 PM
sully16 said...

I hope so, higher electric will only add to higher food, more lay offs, enough is enough.

7:33 PM

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