Published By: All Right Magazine on December 18, 2009

By MELISSA WHITTINGTON

On this glorious day celebrating Obama’s exodus to Copenhagen to auction off as much of America’s wealth as he can to the highest global bidder, I thought I’d break down the story of “Cap & Tax.”

If you don’t know who George Soros is, you need to. He’s one of the richest men in the world. He’s also the figurehead of the environmental, go-green movement, a huge tree hugger. He was the founder of Center for American Progress. There are multiple off shoots, most of them political activist groups, such great organizations as MOVEON.org. Heard of them? THEY GOT BARACK OBAMA ELECTED. And how about the Secretary Of State Project? This is a group he funds to ensure that liberals are seated in the most powerful position to support his VOTER FRAUD AGENDA. Surprising, right? Not so much.

Just on the heels of Obama(S)care will be the much talked about “Cap & Trade,” lovingly known to us fiscal conservatives as Cap & Tax-the-Crap-Out-Of-Americans.

The premise behind this legislation is to put a cap on the amount of carbon dioxide (CO2) that any one person or corporation can emit, then creating a “stock exchange” for environmental credits for these units of CO2. The government will auction off these credits. Guess how much money they think they’ll get from this– $860 BILLION. That’s as much as the healthcare legislation. So take that monstrosity of healthcare, and then DOUBLE IT. That’s $3.5 trillion of Americans’ dollars (minimum) being sucked out of our economy and sent to the government. When they say “redistribute wealth”, boy they’re not messing around!

Environmental activists keep telling us that CO2, that stuff you breath out of your mouth and that neat stuff that is the “bubble” of champagne, is the cause of “global warming.” Most recently, though, the group that started this fallacy of “warming” claimed that they could not produce the original raw data that the research paper was based on, because they DELETED IT. They actually had the audacity to claim that they didn’t have the hard drive space to keep it. NO REALLY. THEY DID.

As a result, Democrats have had to shift their language a bit. Now it’s “global climate change.” (Reminds me of “healthcare” vs. “insurance” reform.)  It has been discovered that since 1998, the past eleven years, THE EARTH HAS ACTUALLY BEEN COOLING. Wow. Imagine that.

So these folks that were originally stumping for cap & tax to save the world from heating up and killing everybody, are now saying that ANY and ALL climate changes are bad and we’ll all still die if we don’t do something. Keep in mind, of course, that they still can’t prove that any climate change is even man made, let alone by CO2. The current estimates say that “man made” CO2 ranges anywhere from 2% to 5% of the CO2 produced in the world. Most of it, 95%, is produced NOT by man, but rather nature. So if we all stopped breathing, living, moving and being productive, the most we could hope for would be a 5% reduction worldwide! And Obama is trying to commit us to 17% ? He must be using the same math that he used when counting all those fake jobs his “stimulus” saved, but I digress.

This cap & tax scheme dreamed up by Democrats would attempt to put high taxes on anything that DOES emit CO2 (btw: since you’re part of the problem the EPA would technically have a legal right to control your every movement…literally). So any manufacturing of any kind that uses energy (because all forms of energy currently used in the U.S. produce CO2) would have their costs of business increase significantly. And we all know what that means! THE COSTS OF GOODS AND SERVICES WOULD INCREASE SIGNIFICANTLY.

Obama himself said that “electricity rates would necessarily skyrocket.” And this was even during the campaign. What were people thinking? Does this sound like a good idea to YOU?

You’ll be getting taxed by your federal gov’t every time you turn on a light, or the TV, or use the phone! And if you’re getting taxed, you know that businesses are getting taxed even more, which means the costs of goods and services are going to “necessarily skyrocket” as well. Add the healthcare taxes, the “value added tax,”or federal sales tax that Obama and Pelosi want to enact, and we’re talking about seeing some serious hikes in the costs we’ll see on everything. Add to that the looming inflation that Obama is causing, and our quality of life is going to decline. Obama, you lie! ( I love saying that! )

Now, the premise of these nuts is that if we tax folks, that we can use that money collected from those taxes to invest in “green” energy, more recently referenced as “green jobs.” Keep in mind, that when Spain instituted a similar cap & trade system in their country, it killed their economy; jobless rates soared into double digits, AND THIS WAS BEFORE THE RECESSION!

Spain actually did a lengthy, in-depth report on the destruction to its economy that this cap & tax system caused. It was devastating. They have been working on a Cap & Tax system for more than 10 years. And guess what? THEY SAY IT DOESN’T WORK. They also pointed to this report and told Obama NOT TO DO IT IN AMERICA because it will force the loss of 11 million jobs in America, and that’s IF it creates the 3 million he claims. Check out Page 7. Their report details how each “green job” cost over $1 million to create, and most were temporary. But the really scary finding was that for every 1 “green job” (temporary or otherwise) 2.5 private sector jobs were lost. They’re unemployment rate is in the 20% range right now. Wow. Keep in mind that the Dem Cap & Tax scheme looks EERILY similar to Spain’s.

This mere fact of massive job losses, which wouldn’t be hard to deduce even WITHOUT Spain as an example, might be why the Cap & Tax legislation includes an entirely new welfare entitlement for the massive amounts of Americans who are going to lose their jobs as a result of this legislation. NO KIDDING. IT REALLY SAYS THAT. Read Part 2, Section 312, S.1733.

These Democrats want to tax our very way of life, stop drilling for oil, put the coal industry COMPLETELY OUT OF BUSINESS (say goodbye to states like Kentucky) and redistribute all those HUNDREDS OF BILLIONS of tax dollars TO THEIR LIBERAL FRIENDS AND THIRD WORLD DICTATORS. Just today Hillary Clinton told the U.N. that we’d commit to $100,000 MILLION. Otherwise known as $100 BILLION. I’d say a better idea might be to give them a healthy dose of our democracy, freedom and second amendment.

But it gets worse.  Remember that “stock market for carbon”? Barack Obama has a financial interest in the Chicago Carbon Exchange, also known as Chicago Climate Exchange. He was one of the founding board members. This is the equivalent of the New York Stock exchange, except instead of trading stocks, this would trade “carbon credits.” It would be where you could buy and sell your “carbon” tickets that would allow you to emit carbon, a.k.a – would allow you to use energy.

The Chicago Carbon Exchange is actually a foreign owned company, with the third largest stakeholder being….drum roll please…GOLDMAN SACHS.  That’s the bank that Obama said was too big to fail. That’s also the bank where he skimmed all of his economic cabinet posts. That’s right. Many of Obama’s financial & economic advisors came from GOLDMAN SACHS. This company received tens of billions of tax payer dollars, and now it is THRIVING again. MAKING BILLIONS MORE.

This Chicago Carbon Exchange has been created with BILLIONS of investment dollars from this foreign company and Goldman Sachs. But guess how much their investment is worth?

NOTHING………UNLESS CAP & TRADE LEGISLATION PASSES. THEN IT’S A NEVER ENDING COFFER OF TAX PAYER DOLLARS GENERATED FROM THE CAP & TAX SCHEME OF THE DEMOCRATS.

This legislation would also raise the cost of fossil fuels to astronomical levels in the U.S., levels that would rival Europe’s. It puts a halt to any additional nuclear plant construction (THE CLEANEST FORM OF ENERGY IN THE WORLD TODAY), and redirects your tax dollars to invest in the development of solar & wind. Do you know that currently these two sciences are barely holding on to double digit efficiencies? And I ain’t talkin’ about HIGH ones: 35% to 40% MAX. And did you also know that the energy generated by these two sources CANNOT BE STORED.

I won’t go into the physics of it (I’m an engineer), but trust me. The only way to “store” wind & solar energy is in a battery. And with the number and size of batteries that would be required to power just one home, HAVEN’T WE DEFEATED THE PURPOSE OF BEING ENVIRONMENTALLY FRIENDLY?

Now, since these alternative “green” sources of power will be sucking up our monetary resources, without providing the necessary energy to run this country, oil & gas prices will SOAR. And since this bill also puts further restrictions on any further exploration or drilling FOR THE U.S., we will be FORCED TO BUY OIL FROM OTHER COUNTRIES. Add to that the recent development that the middle eastern OPEC nations are, for the first time ever, dropping the dollar as the measure of value of oil. Yup. Obama has seriously devalued our currency THAT FAR. OPEC is creating a new currency that oil will be sold under. I can just imagine what THAT exchange rate is going to look like.

Now, doesn’t this seem to defeat the purposes of reducing “dependence on foreign oil”?

Additionally, did you know that Obama gave $2 billion in tax payer dollars for off-shore oil drilling recently? Yup, he sure did….in BRAZIL! It was part of that now infamous “stimulus” bill. I wonder how many jobs it created.

You heard me. He is disallowing us from seeking our OWN resources, but he’s giving BILLIONS to foreign countries to find oil that they can sell to us,  which is weird, considering the U.S. is the single largest clearinghouse of energy resources.

Now, this isn’t just ANY oil company. It’s a state run oil company of Brazil. One that just happens to have foreign investors…foreign investors like GEORGE SOROS, THE VERY SAME MAN PUSHING FOR CAP & TAX LEGISLATION IN THE UNITED STATES!

Do you think ANY of this is a coincidence?  IF ANYONE TELLS YOU THAT THIS GREEN MOVEMENT IS GOING TO SAVE YOU MONEY LONG TERM……THEY’RE LYING OR THEY’RE IGNORANT OF ENERGY CONSUMPTION & FACILITIES CONSTRUCTION.

The entire world economy would have to be LITERALLY halted to meet the environmentalists’ movement of “reducing greenhouse gasses” as a way to stop “global warming,” which ISN’T EVEN HAPPENING. And that’s WITHOUT the fiasco of “climate-gate” that recently popped up. That helped seal the deal for a lot of folks, but most knew it was crap to begin with.

Most of this ridiculousness is driven by the United Nations. I’m not sure that there needs to be further explanation because everyone knows that those fools can’t manage a 2^nd grade Valentine’s Day party, let alone a global initiative. But that’s exactly what they’re proposing. The U.N.’s vision of “climate change” includes Americans giving up their sovereignty to be governed by a group of dictatorial third world terrorists.  Think PITCHFORKS & MUSKETS. Ain’t happenin’.

If you pay taxes, and only 60% of Americans do irritatingly enough, your taxes will most DEFINITELY go up, and this is why: for those of us that are already paying, it’s easy to “raise” ours, but you lose an entire sector of “entitlement mentality” voters if you broaden out the taxpayer rolls, so Dems don’t want to do THAT, GOD FORBID. And since ALL ENERGY costs are going to SKYROCKET (Obama’s words, not mine) someone will have to pay. And the 60% of us paying will be required to REDISTRIBUTE OUR INCOME TO THOSE FOLKS WHO “CAN’T HANDLE” THE ENERGY COST INCREASE. Seeing a theme yet? A provision of this bill will add an additional tax to YOUR MONTHLY ELECTRIC BILL (on top of the already exorbitant new rates) so that the gov’t can take that money and give it to someone on welfare who won’t be able to afford their own electric bill because of these aforementioned “skyrocketing” costs. Nice, right?

Now, if all of that didn’t convince you, listen to these two neat folks. They’re lawyers for the EPA that live in California, AND THEY THINK CAP & TAX IS CRAP. Obama was having a bad day when THIS his YouTube.

I’m quite certain that this will be a fiasco on the level of ObamaCare, so contact your legislators and give them a head’s up: AMERICANS AREN’T TAKING THE BULL ANYMORE.

MELISSA WHITTINGTON is a conservative political activist trapped in the body of a civil engineer in the desert of Phoenix, Arizona.  See more at http://www.RightlyConservative.com.

Tags: Al Gore, C02, Cap and Tax, cap and trade, carbon dioxide, climate change, George Soros, global warming, Goldman Sachs, obama

This entry was posted on Friday, December 18th, 2009 at 8:10 pm and is filed under Environment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.