The Waxman-Markey Cap and Trade Swindle

Turning carbon into cold cash

Turning carbon into cold cash

The American people are under assault by officials in the federal government. Under the specious guise of saving the planet, they intend to fleece the people to benefit political allies, powerful money interests and a political agenda that is in direct opposition to the American way of life.

By President Obama’s own admission, with a cap and trade scheme like the Waxman- Markey Bill, “electricity rates would necessarily skyrocket.”

The Waxman-Markey Cap and Trade bill, also known as ACES (the American Clean Energy and Security Act – HR 2454), is projected to impose annual energy cost hikes in excess of $1,000 per household. The total cost to the flagging American economy is projected at $650 billion to over $1 trillion.

Even if the hotly contested claims of carbon-driven manmade global warming were to be believed, the touted climate benefit of the Waxman-Markey bill is that global surface temperatures will be one tenth of one degree cooler than currently projected in one hundred years.

ACES comes with an incredible price tag and promises no significant short or long-term benefit to either the American people or the global climate. This bill is nothing but another attempt to at a massive power and money grab by Washington’s elite.

To enrich a few powerful financial beneficiaries, like producers of wind turbines, and carbon trading firms such as the one former vice president and climate-alarmist-in-chief Al Gore profits from, Waxman-Markey is poised to decrease our national gross domestic product by $7 trillion dollars or more and cost another 1.9 million jobs, while adding sharply to the average families’ financial burden. Electricity rates could increase as much as 90% (nearly double what you now pay), Gasoline prices could rise 75%.

If this cap and trade scheme prevails, a select group of the rich will get richer on the backs of hard working American families who will literally see no benefit, not even after paying for this scheme for one hundred years.

A vote on this bill could come up in the House as soon as Friday. Call your congressman and senator today. Let them know that you wont stand for this despicable, fraudulent fleecing of America’s honest hard-working families.

Minnesota readers, click here to contact your elected officials.

All others, click here to contact your elected officials.

  • Paul Wenum

    A message has been left to my Representative. I suggest that eveyone out there let their feelings be known. I don’t wish a large debt on my children or a burden to people that are barely making ends meet. This bill is an utter fiasco. Enough said.

  • Neil F.

    I also sent a message to my State rep. I don’t know if it will do any good because she is a Liberal Democrat, and has a record of voting for things just like this. I’m sure she will vote in the affirmative. But, it doesn’t hurt to let them know how you feel about it.

  • bgates

    I did not contact Klobuchar because she won’t listen. I did contact my Representative. However, I feel this is going to get rahm rodded through. We will see $6/gal gas and an across the board increase in the cost of goods of about 75%. All in the name of saving the planet. What’s sad is that these same people have no courage to stand up to China and India. All of our Mfg jobs that remain will be going to China. Our biggest export in this country will be Coal to China.

  • Steve Johnson

    I watched Glen Beck’s show yesterday and he had an individual on from the Heritage Foundation who spoke about the Cap and Tax bill. He said that 85% of the tax that the government would have collected had already been traded away for votes from special interest groups to get this America destroying tax through. The research that had been done for the Heritage Foundation suggested that the Cap and Tax Bill would not reduce CO2 emissions more than 0.2 degrees by the year 2100. This is a very bad bill whose only purpose is to transfer more power to the Liberals that will allow them more money to buy more elections and will move many jobs to India and China, two countries that are not caught up in this Global Warming Hoax.
    With almost 50% of Americans not paying income taxes and voting for politicians who promise and deliver more largess for these people, I wonder when the rest of us will awaken from our slumber and take our country back?

  • Neil F.

    Bgates:
    I contacted Klobuchar, even though I agree with you that she will not listen. But I figure it can’t hurt. Who knows, maybe it will at least make her think twice if she gets a large enough volume of people urging her to vote no. She may be politically and ideologically committed to voting for the bill, but she is, after all, a politician who would like to be re-elected. If she feels that voting yes would be political suicide, maybe she’ll vote no. I think even the remote possibility of that, is worth sending a note. Don’t you?

  • paul wenum

    Remember! NEXT TIME VOTE!!!!!

  • Anon A. Mouse

    If you want to believe everything the media says and chastise businesses because some numbers make it look like businesses are scamming the tax code, go ahead. Everyone is entitled to their opinion, but at least try to make it an informed opinion rather than let the media make it for you.
    http://genxfinance.com/2008/08/20/two-thirds-of-corporations-dont-pay-taxes-nothing-more-than-political-hogwash/

  • JOHN M. BERGER

    As you know, this abomination (H.R. 2454) passed through the House , 212-219. If this bill passes the Senate, Obama will sign it into law; this is a given. When this becomes law new tax will be assessed on energy, which we all use, and which will be paid directly or indirectly by all of us, the users. It is uncertain as to how much; some estimates exceed $3,000 per family per year. While such tax is supposed reduce Carbon Dioxide (CO2) emissions caused by humans (essential to most life on earth) , thought by some to be responsible for “Global Warming” (which, ironically, hasn’t existed since 1998), it is nebulous, at best, as to how this will work or especially that it is necessary in the first place. This is particularly interesting when you consider that Representative Henry Waxman, D California, sponsor of the House version, by his own admission, didn’t even read it, at least all of it!

    At a time of economic down turn the very last thing that we need is more restrictive taxation on anything, let alone on energy! At a time when, on one hand, we are trying to preserve jobs here in the U.S. why on God’s Earth pass a measure which will surely send more jobs off-shore to a more favorable manufacturing environment?

    If you want higher taxes , cost-of-living and fewer jobs in America, do nothing. If you want to stop another round OF tyranny from being foisted upon us click on the link below , find your Senators and let them know that you are not for this destructive tax. http://senate.gov/general/contact_information/senators_cfm.cfm

  • Anon A. Mouse

    I have appearantly commented on a post, from one Rob N. Hood, that has been deleted. I am not surprised, as it was off topic and quite absurd.

  • Rob N. Hood

    Yes, delete everything that doesn’t follow your goose-step mentality. Could there be truth in what I post? What are you afraid of? Beside you made poor Mouse look “absurd.”

    It’s difficult for America to change when almost 50% of all the people can still get whipped into a patriotic frenzy of flag waving, marching bands and parades when it comes to going to war; and yet the same 50% show disdain and ridicule about food stamps for the hungry, free public college education, and free single payer universal health care.

    “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety than ever before, even in the midst of war. God grant that my suspicions may prove groundless.” -Lincoln (letter to Col. William Elkins, Nov. 21, 1864)

    “But if we fail in stopping them, then the whole world…will sink into the abyss of a new Dark Age made more sinister…by the lights of a perverted science turned to a religion of war.” W. Churchill

  • Paul Wenum

    Rob, Can you talk with your own voice? It would help us understand where you are coming from. Lincoln’s dead and so is Churchill. What does Ron N Hood personally have to say? Quoting people is fine but what say you, or were you instructed not to think but to use the “manual” given by othere? Now that’s “Big Brother.”

  • Rob N. Hood

    Oh, so now that I am citing quotes, that’s a problem for you. When I wasn’t doing that you had a cow. Hmmmm. Hard to please, aren’t ya Paul? You’re remark about me using a manual etc. seems quite paranoid. Or is that just another lame criticism of someone who doesn’t adhere to your right-wing mind-set. Why don’t you comment about my comment, and say something constructive about it, how you may even agree with it, and it what way, or not? The way you guys line up on this site is very narrow-minded. I don’t say that as an insult, i just can’t think of a better word to use.

  • Paul Wenum

    Rob,

    I’m “left handed” putting me in my “right brain.” Be politically actve on your side and I will be active on mine as well. Let me know how active you really are. If I knew your name, I could track your performance. Unfortunately you hide. you know mine and I’m sure you will track everything I do going forward. Nothing ever changes when it comes to “saying what you will do and doing what you say.!” Prove me wrong Rob. Enough said.

  • Rob N. Hood

    Paranoia will destroy ya. You have quite the ego there Paul. I couldn’t care less what you do privately- and even though I never thought about it much that way I’m now glad I didn’t use my real name, etc. Otherwise you could stalk me like you apparently want to. Creepy, man.

  • Paul Wenum

    Not stalking, simply stating who we are as actual people. You know who I am and that I’m visible to the public. Climate change is a natural occurance no matter what Al Gore has to say. Again, I suggest that you read Spencer. Let me know or is he on your “Don’t read list?”

  • Rob N. Hood

    Nice attempt at recovery, I’m sure you are’t really as creepy as you seem.

    Funny thing about this type of argument/debate. You can’t “prove” a future event… ummm, Duh! Funny also how I have to point that out. So when you say that, well, it’s a spurious and nonsensical request. We can debate the science till the cows come home, but ultimately is all falls back to political orientation, i.e. how we view the world. So to pretend that you are backing the “true and correct science” is equally laughable.

    I am not fully sold on Cap and Trade, but hey this is the way America works, and what I have been saying all along. Can I stop American Capitalism from harming me or stealing my money? I wish I could but I can’t. And guess what Paul, it’s not a Liberal or Conservative problem- THEY BOTH DO IT !!! That has also been my point. But you and your buddy Neil are deaf and blind to this. You both defend American capitalism, and yet that is what you are all up in arms about. Don’t you see that? Why can’t you see that? It doesn’t seem to be that complicated to me. Time to fully wake up Paul.

  • Paul Wenum

    Rob, we finally agree!!! It is not just liberal/rightwing, it is all people that do not read/educate themselves not being taught BOTH SIDES of the issue of global warming etc. from K1-12. Sad, but true. I know, I have polled my daughters and immediate family. My brother is a school teacher.

    As to being a capitalist? I assume your employer makes a profit and because of that you have a job and may get raises? Take incentive away from a person or a company and see what that brings. I’m glad to see that you have doubts on cap n trade. It will cost you and I as well as our immediate families untold thousands a year extra that we don’t have. Later.

  • Rob N. Hood

    Your view on capitalism is very narrow. Not very many Liberals, if any, nor myself, are advocating for anything like communism. But the way this country has been run for decades now is self-destructive and we are reaping what we’ve sown now. We need a new way, a better way, and for you to fight that is not helping anyone, including yourself.

  • Paul Wenum

    Rob, make money legally, ethically and honestly. Very simple. Give the consumer what they want, work hard and you will make money. How much? That is up to you! That is the essence of capitalism being able to control YOUR OWN DESTINY not having your neighbor or the government telling you how much you can make. Be it $12,000.00 or a Million. Wake up Boy! I’m always amazed at people that get mad that their neighbor makes more than them. Maybe, just maybe they work towards a goal to better themselves? I guess today that is a sin?? Later.

  • Rob N. Hood

    “Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.”
    – Thomas Jefferson

    My point- the deck is stacked against small business. By who? Big business. Who makes sure that continues? Politicians, both right and left. That is what I disagree with. We need to stop defending a corrupt system. You are defending a system that only existed, in this country, in any substantial way, in the 1800’s. People like T.J. above knew that it worked that way in England, etc. and that is one reason people came to this country, to get away from. He was warning people even back then. And now it has “blossomed” completely, more or less. What you profess is more myth than fact. Another old and tired right-wing talking point. People are starting to wise up, I think.

  • paul wenum

    Old and tired? I sense you have never taken a risk in starting a business. You only believe in what you read. Small business is the heart of America!! The way our tax situation is WITHOUT Cap N Trade is forcing some corporations to off shore their operations. 55-65% of every dollar of a companies income goes to salaries, benefits etc. for the employee. This is without the taxes!! If you cut that in half going off shore, for which I am aganist, you make a bigger profit. That said, if cap n trade is passed the big corps will off shore everything to cover the extra costs they would have to pass on to you and I. Rob it is not brain surgery, simply common sense to stay in business and make a profit. Does making a profit make a corporation bad? NO! If you company doesn’t make a profit you may be let go as well as others. Yes, the small companies that cannot off shore their services will suffer immensely under the additional costs associated with cap n trade. Do you really want that? Think about it. You seem to still have a chip on your shoulder as I said in a previous post. Get rid of it will you.

  • Rob N. hood

    You should be a lobbyist. They make good money advocating for the rich and powerful. I’m all for small business. You don’t seem to know what you want… except for helping defend the rich and powerful. You’re right, it isn’t brain surgery, so why are you confused?

  • paul wenum

    It is quite apparent that you do not live in the “real world”. That’s all I have to say. Someday, you will understand.

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