Daily Rant – June 29, 2009
June 29, 2009
The Waxman-Markey bill was barely passed in the house on Friday, despite our best efforts. Even though may promises have been made by Obama and his administration (he is for this legislation even though it originated in the house) all of them have been broken.
During his campaign and early in his administration he promised he would have a more open administration and give the public at least 5 days to read the legislation before the congress would vote on it. The Cap and Trade bill wasn’t even written in its final version before it was strong-armed through the house by speaker Pelosi.
Waxman-Markey will add carbon taxes to energy companies that will make it impossible to do business in the US anymore. What is going to happen when people start losing their jobs because energy companies are going overseas? And what happens when those regulations cause our energy costs to go up?
Remember Obama promised he would lower taxes on the poor. What he didn’t tell you was that this legislation will get the money on the other end. People might have more money in their paycheck, though that is debatable when all is said and done, but the extra will be eaten up in higher energy like natural gas and electric, gasoline and so on. This translates into higher food prices too because the cost of bringing it to market will cost more in transportation costs. These idiots in congress never see the big picture.
Honduras overthrew its dictator last week. How long before we do the same?
- FedUpEditor
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