After massive protest and rejection of the original “Cap & Trade” bill, some Congressmen, namely Flip-Flop Kerry and Joe the Moderate Lieberman, are re-introducing the bill under a new name – The American Power Act.
As with most things Congress, we must ask, what’s in a name?
Today at 1:30 pm Eastern time Senators John Kerry (D-MA) and Joe Lieberman (I-CT) will host a press conference announcing the fifth Senate reinvention of “cap-and-trade” global warming legislation since 2003, the “American Power Act”. Call it the American Power Grab Act, instead, for reasons that will become obvious momentarily.
The orchestrated spectacle, with a cast expected to be in the dozens which massive alignment of special interest groups is apparently supposed to persuade you of the justness of their cause, is in fact a manifestation of all that is wrong with Washington and what Americans have become increasingly enraged by.
At this press conference, Sens. Kerry and Lieberman have both already indicated, they will insist that their scheme isn’t “cap-and-trade” because… they aren’t going to use that term this time around. Kerry has even said that “this is not an environment bill.” It seems that the public aren’t buying that argument, either, so it’s really about whatever appeals to you. Just not what it was about the previous four times they’ve tried to slip this Power Grab past you. Except that a summary of the bill makes plain it is, too, cap-and-trade. And worse. It includes billions of dollars each year in gas tax revenue to underwrite the wealth transfers these companies are so in favor of.
The recent BP oil spill will certainly be used as part of the justification to protect America from environmental disasters and global weather calamities through the levying of more taxes.
In November of 2008, President Obama did not hesitate to tell the American people that under new legislation being supported by his administration, “energy prices will skyrocket.”
We don’t need an economic collapse for the S to Hit the Fan. New local, state and federal taxes will eventually be responsible for redistributing 80% of the income generated by an average American leading to personal wealth destruction and the elimination of the middle class. The world as we know it is going to change, for the worse, if our elected re-distributors have their way.
It Took 22 Years to Get to This Point
Speaking to author and podcaster Dana Parish, former Centers for Disease Control and Prevention...
The United States just made a decision that could lead to World War 3. The current ruling class...
This article was originally published by Michael Snyder at The Economic Collapse Blog. This...
These warnings from Russia, are likely falling on deaf ears. Moscow has not followed through on...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
If you think the housing market is dead now, just wait till they pass this garbage bill. Does everyone know about the inspections you would be required to have just to sell your house? Oh and what about that retrofit to the new code? That’s the California Code. Let me see, how much do you think it cost to install new windows, doors, electrical system, plumbing, HVAC, insulation and let’s not forget the appliances.. God forbid while you are doing all that retrofitting you find some lead paint or other out lawed building materials, now you,ve got the EPA on your ass too.. In short, most existing homes will be worthless.