Looks who's alarmist now...
Al Gore looks like such an amateur alarmist compared to this:
It's what Janet Napolitano, secretary of Homeland Security, might call a "man-caused disaster," a phrase she coined to replace the politically incorrect "terrorist attack." But no terrorist could ever dream of inflicting as much damage as this bill. [...]Ed Morrissey
Consumers would pay through the nose as electricity rates would necessarily skyrocket, as President Obama once put it, by 90% adjusted for inflation. Inflation-adjusted gasoline prices would rise 74%, residential natural gas prices by 55% and the average family's annual energy bill by $1,500.
Hit hardest by all this would be the "95% of working families" Obama keeps mentioning as being protected from increased taxation. They are protected, that is, unless they use energy. Then they'll be hit by this draconian energy tax.
Cap-and-trade is a tax, one imposed through an artificial scarcity model onto an industry that drives the economy. The AP reports the CBO and EPA cost estimates without mentioning that those predictions only cover the actual mechanical costs of cap-and-trade. They do not predict the economic impact on American families from the loss of economic power as energy becomes more scarce and expensive. This bill will lose the US 2.5% of its GDP each and every year in the years after the first decade of implementation. [...]Vox Popoli:
Call your Representative today to tell them not to strangle the American economy.
I've always had my doubts about the credibility of scientists due to their demonstrated willingness to sell biological philosophy as genuine science. But their collective behavior in what will eventually be known as the Great Global Warming Scandal really demonstrates what a bunch of greedy, power-tripping scum so many of them are. The amusing thing is that scientists like PZ Myers and Sam Harris, ex-scientists like Richard Dawkins, and would-be scientists like Daniel Dennett constantly worry about the "danger" supposedly posed to science by religion, while blithely and unquestioningly accepting the fraudulent gospel of global warming because it came wrapped in scientific clothing. They truly don't seem to understand how utterly devastating this ongoing scandal is going to be to the public regard for science and scientists alike.The Moderate Voice:
The Waxman-Markey Cap and Trade bill basically forces companies and individuals to switch from using relatively cheap, abundant energy sources like oil, coal and natural gas to more expensive “alternative” sources. That’s my interpretation and it’s difficult for me to sway from that. Looking at the Great Recession that we are in, coupled with the growing skepticism of human based global warming, why push the Waxman-Markey bill through? I understand President Obama ran a campaign on fighting global warming. But the evidence that a large amount of jobs will be lost coupled with the not-realized “Green Jobs Explosion” as of yet, is just a recipe for on-going and worsening pain if the Waxman/Markey Bill has its way.AmSpec blog:
Given this situation, the hurry to ram through the "massive job-killer" can only be compared to lemmings rushing toward a cliff. If Nancy Pelosi can impose party discipline, Democrats will find themselves under intolerable pressure to vote "yes" and the lemming impulse will prevail. But, as with the stimulus bill, no Republican should join this lemming rush.Gateway Pundit:
Democrata know this program will cost American families thousands of dollars. [...]Jawa Report:
Barack Obama admitted cap and trade legislation would cause electricity prices to skyrocket. [...]
Democratic Congressman John Dingell (D-MI) summed up cap and trade at a Congressional hearing on April 24th-- "It's a Great Big Tax!"
It's not just a great big tax... It's the biggest tax in US history.
Two massive, unprecedented Democrat-created anti-stimulus bills that nobody's read within the first 200 days. Massive, Democrat-created unsustainable deficits for the next decade and beyond that will not be paid down. Rampant cronyism, corruption and patronage rackets being orchestrated by the Chicagoland mobsters in the White House. Thousands upon thousands more private-sector jobs being eliminated each month.Classical Values:
Awful. Truly awful. Long term, this is going to make the bailout fiasco look like child's play.Strata-Sphere:
I'll say this for the bailout scheme. At least there were some well meaning people who thought it would aid the country's economic recovery.
The goal here is to deliberately harm the economy. And for what? To advance an unproven theory that deliberately harming the economy might lower the planet's temperatures by a smidgen?
I mean, how many job destroying policies have to be enacted to kill finally our economy? We shall soon find out it seems. The stimulus bill is piling up the national debt and annual deficit, both of which pull investment money out of the economy for expansion and new jobs. The energy taxes will further pull more money out of the economy, money that would be spent by consumers. The health care policy will shutter much of the only industry not in recession - the health industry. Insurance companies will close, small private doctors’ practices will close, local private practices will close.Q and O
We are heading into a disaster of epic proportions economically - all thanks to foolish liberal policy experiments.
Bottom line: this bill is an economy killer, plain and simple.Hugh Hewitt
If this bill or anything remotely like it becomes law, the American economy will be pushed into a deep recession that will make the past six months look like the good old days.And many more...
What if their predictions--based on flawed economic models--turn out to be wrong? Will this be teh greatest hoax pulled on the American public EVAR? Time will tell, but for now conservatives are resorting to the tired old propaganda of fear.