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 Obamaâ€™s own admission, with a cap and trade scheme like the Waxman- Markey Bill, â€œelectricity rates would necessarily skyrocket.â€
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 Washingtonâ€™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 familiesâ€™ 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.Â Call your congressman and senator today. Let them know that you wont stand for this despicable, fraudulent fleecing of Americaâ€™s honest hard-working families.