‘Cap and Trade’: 1000+ Pages of Economic Chaos
by Frank DeMartiniThe American Clean Energy and Security Act of 2009, more commonly known as the Cap and Trade Bill, is dangerous for the country and potentially disastrous for the economy. I cannot say this more simply. This bill which is designed to lower emissions and stop global warming will do nothing except raise the average Americans’ expenses and cause the loss of many American jobs.
The bill passed in the House last week by a margin of less than ten votes. The vote was mostly among party lines. However, many Democrats sensing its disastrous consequences actually voted against it. In fact, if it were not for eight liberal minded Republicans, the bill would have failed. It is going to the Senate shortly and must be stopped there at all costs. As for those eight Republicans, I suggest they start looking for employment themselves.
Global warming is allegedly caused by the burning of fossil fuels. This Cap and Trade bill is supposed to lower emissions caused by such energy sources. It is the dream of former Vice President Al Gore who has made a mini-industry out of global warming and who does nothing personally to stop it. This typical Democratic hypocrite burns more carbon based fuels than 10 average Americans and yet he claims that we, as a country, are not doing enough to stop this potential disaster to the planet. I wonder when the last time he flew on a commercial airline was. But, that’s another column completely. (more…)
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