Not by Fire but by Ice

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Discover What Killed the Dinosaurs . . . and Why it Could Soon Kill Us

 
 
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Back to horse and buggy days — without the horse
By Phil Brennan
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5 May 09 – (Excerpts) “Congress is about to launch the infamous cap and trade [control and tax] bill — a peril-laden excursion into a fiscal and regulatory nightmare rife with the fearsome dragons of excess government control and crushing financial burdens on America's families.

“In order to prevent this life-giving gas (CO2), upon which the health of plant life depends, from allegedly contributing to an imaginary warming of a planet that is actually cooling, it would in fact impose economy-destroying costs and tyrannical regulatory restrictions on the backs of the American people.

“It would take us back to the horse and buggy days and have us shivering in the dark.

“Essentially, cap and trade [control and tax] legislation would set a limit, or cap, on carbon dioxide emissions from fossil fuel use, effectively imposing rationing of coal, oil, and natural gas on the American economy.  

“The annual cost to every American family is estimated to be an additional $3,000.

“During the election campaign even Barack Obama admitted it would cause your electric bill alone to "skyrocket" — his word, not mine.

“Writing in the Fort Worth Star Telegram on April 11, 2009, Rep. Joe Barton, R-Texas, noted, “[Cap and trade] is being sold as a way to save the planet by taxing ‘emitters,’ but it will kill the economy and decimate your family’s budget.”

“He cited an analysis that showed the staggering effects of cap and trade legislation: Job losses between 1.8 and 7 million; Family tax increases between $739 and $6,752; increases in costs of electricity between 44 percent and 129 percent; gas price increases at the pump between .61 cents and $2.53 per gallon; and increases in the price of natural gas of between 108 percent to 146 percent.

            I think it will be much worse than this. With stifling government
            regulation and rationing will come staggering shortages and long
            lines reaching around the block just to buy a gallon gas or a plain
            old loaf of bread.

“House Republican Leader John Boehner warns “The Waxman-Markey bill will raise taxes on every American who drives a car, buys a product manufactured in the United States, or has the audacity to flip on a light switch.

“Nancy J. Thorner, in Just another WordPress.Com weblog, writes: "Proposed climate change legislation that seeks to limit coal, oil and nuclear as sources of energy must be opposed in mass by the American people, unless they view with fondness the horse and buggy days."

See entire article:
http://www.newsmax.com/brennan/obama_cap_and_trade_/2009/05/05/211007.html

  

 

 

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