Putting aside my own misery for a second, can you imagine the negative impact this will have on our most vunerable? They could see their energy expenses jump by 50% or more! Where are they supposed to get money to pay for this?
From Obama's own lips:
Quote:
Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because Im capping greenhouse gases, coal power plants, you know, natural gas, you name it whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.
http://hotair.com/archives/2008/11/02/obama-ill-make-energy-prices-skyrocket/
If you are going to argue that this will not have a direct negative impact on the poor and on the economy, you are calling Obama a liar. Obama is aware of the obvious.
The question is why would Obama do such a thing with the economy still on wobbly legs? Who are the Cap and Trade puppet masters who will be making an absolute fortune administrating this fiasco? Is there a limit to what this monied class of evil men can pillage from the American economy? And..... is there any way I can buy stock in their companies? I am dead serious about the last one, what are the companies that will administer this mess and are they public?