Cap-and-Trade: The Industrial Anti-Revolution

Cap-and-Trade: The Industrial Anti-Revolution
June 30, 2009
From theTrumpet.com
The inconvenient truth is that the new cap-and-trade bill is based on lies. A tsunami of economic discontent is coming.
By Robert Morley

The U.S. economy is disintegrating, hundreds of thousands of people are losing their jobs every month, and record-high home foreclosures are sweeping the nation. But apparently that is not enough for out-of-touch politicians in Washington. Now they want to hit Americans with what the Wall Street Journal is calling possibly the “biggest tax in American history.”

If they were deliberately trying to destroy America’s economy, politicians and the green lobby could have hardly found a better way.

On Friday, members of the House of Representatives passed legislation destined to radically reengineer the whole economy. And they did it boldly claiming that the cost to households would only be the price of a postage stamp per day.

How gullible do they think people are? There is a reason that governments around the world are applauding—and it’s not because they think clear skies and balmy weather are on the way. It is because the House just voted to severely handicap all American industry: advantage Europe and China.

Under the proposed cap-and-trade system, the U.S. government would place a limit on the amount of carbon dioxide (the same gas humans and animals exhale) the country can emit: 17 percent less than 2005 levels by 2020, and a whopping 83 percent less by 2050. An army of bureaucrats from multiple agencies will deploy across the country to determine how much pollution companies are generating and how much they should be allowed to generate. These companies will then be “given” carbon credits for the amount of carbon dioxide the government says they should be allowed to create.

If businesses are unable to meet the new emission standards, they can purchase excess credits from companies that have managed to reduce their emissions, or they can buy expensive additional carbon credits from the government, or they can shut down. Or they can move their operations overseas.

This new proposal, if it becomes law, will suck the air out of U.S. industry. And contrary to what politicians claim, it will also suck dollars out of the pocketbooks of Americans.

Those who support the cap-and-trade bill claim that the cost to American families will be around $175 per year by 2020. The estimate is based upon a Congressional Budget Office (CBO) analysis that was conveniently released as politicians were getting ready to vote.

But here is the big lie.

That $175 per household per year is only what the cbo thinks it will cost to cover the day-to-day expenses of operating a carbon-trading program. But these millions of dollars will be dwarfed by the costs that estimate does not take into account: the inevitable effects this policy would have on the economy!

The world runs on fossil fuels. America runs on fossil fuels. This bill is specifically designed to hike the price of coal, oil and natural gas, so that Americans will use less.

But the higher prices of fossil fuels will not just show up in higher heating and air-conditioning bills, or at the gas station—but in every manufactured good, from ballpoint pens to televisions.

Food prices will jump too. Farmers intensively lobbied to be exempted from the bill, since cows are the biggest single source of carbon dioxide emissions in the country. Though they achieved that exemption, farmers will still be hit by higher fertilizer, feed and pesticide costs, which are heavily dependent on fossil fuels.

Manufacturers will be forced to spend untold millions to retrofit factories. Utilities will be forced to use higher-cost and less-reliable solar and wind power. Transportation costs will skyrocket too.

And all these companies will take one action in common: They will pass down the costs to their customers. It is the only choice they have.

Regardless of how politicians on Capitol Hill spin it, it is the average American who will pay—and pay big. Postage-stamp price increases are a dream out of Alice in Wonderland.

According to estimates by the Heritage Foundation, for a household of four, higher energy prices alone will cost the average family $829 per year over the next couple of decades. It estimates that the bill will eventually result in a 58 percent increase in gas prices, a 90 percent increase for electricity, and a 55 percent jump for natural gas.

However, direct energy costs are only part of the consumer impact. If you look at the total cost of the bill due to increased manufacturing costs, shipping costs and compliance costs, you get a total average yearly impact on a family of four of almost $3,000, according to Heritage.

But it gets worse. The bill is also projected to harm employment, causing estimated net job losses of approximately 1.1 million per year between 2012 and 2035, according to the Heritage Foundation. These are job losses in excess of any supposed green job creation and on top of the 7 million jobs lost since the recession began. China, India and Mexico are notorious for loose environmental regulation. Companies that cannot thrive in America will likely migrate to where there are more hospitable regimes. That’s just reality.

How many more job losses can America take? Official unemployment is already at 9.4 percent.

And to top it off, this bill is designed to fix an unproven crisis. As conservatives are quick to point out, global temperatures have flatlined and even fallen over the last eight years. And as far as climate change goes, anybody who reads history, or studies geology, knows that climate change has been going on for far longer than since the Industrial Revolution. Man-made global warming is just an artifact of computer models and theories. And the effects of the ultra-expensive “solution” this bill proposes are unproven.

The real purpose of this bill is a power grab by Washington insiders.

Add to that, it will hamstring a bruised and battered U.S. economy operating in an ever-more-fierce world environment.

And any slack in U.S. carbon emissions will be gladly offset in developing countries eager for new industry and technology.

It is outrageous that so many politicians have chosen to take America down this path, especially when the economy can least afford it, and when so many people are already losing their homes and jobs. America’s leaders are acting like silly children (Isaiah 3:4); proposing solutions that are practically guaranteed to wreck the economy in order to fix a “crisis” trumped up by the politically correct crowd.

Even if this legislation is not ultimately adopted, the fact that so many politicians are endorsing it, despite its horrendous economic implications, is a clear signal that economically and industrially, America is a nation in rapid decline. Expect the deindustrializing of America to continue. •

Christian Hypocrisy and Gay Pride

God and the Gays

God and the Gays - To Be or Not to Be (Part 1)
God and the Gays - All That Glitters Isn't Gold (Part 2)
God and the Gays - Once Gay, Always Gay? (Part 3)
God and the Gays - Of Vice and Men (Part 4)
God and the Gays - A Time to Heal (Part 5)
God and the Gays - Make Up Your Mind (Part 6)

Apostate Christians
Despite warnings about another Jesus, different gospels and spirits, the rise of a counterfeit Christianity has deceived the whole world

Death to America? (David Ben-Ariel YouTube video)
Death to the American, British and Jewish peoples? Concentration camps for YOUR family and friends? Why would God permit Europe to defeat and deport us? Does He really hate the abominations of Christmas and Easter that much?

A Nation of Drunks and Whores (article)

Drunks and Whores (David Ben-Ariel YouTube video)
Many professing Christians remain in denial that traditional Catholics and Protestants are spiritual drunks and whores (intoxicated by Catholic concoctions), drug addicts (under the heavy influence of Rome); traditional Christians and Catholics are spiritual practicing homosexuals, REPROBATES having a perverse spiritual preference for tradition over truth, for abominable baptized paganism, counterfeit Christian holidays they've accepted (following Constantine, not Jesus Christ), falling for accursed Rome's replacement theology that would replace the biblical Sabbath and holy days and dietary laws (we are commanded to keep) with their idolatrous traditions and unclean doctrines of demons...

Watch the Drunks and Whores video and read these articles:

Christian Reprobates?

Plea to Diehard Catholics & Protestants to Repent

Jena 6 savages denied justice

In light of the Jena 6 getting a slap on the wrist for savagely beating a person of white color, we must ask: "Where's the outrage?" Justice has again been denied and black criminals insanely enabled to continue to prey upon people of white color.

Black racists support Jena savages

David Ben-Ariel photo published

I'm very pleased my photo has been selected for inclusion in the newly released eighth edition of the Schmap Washington DC Guide:

George Washington's Grist Mill
http://www.schmap.com/washingtondc/sights_water/p=100081/i=100081_3.jpg



Photo: David Ben-Ariel

African Colonials or Black Holes?

Obama, the African Colonial
By L.E. Ikenga

Had Americans been able to stop obsessing over the color of Barack Obama's skin and instead paid more attention to his cultural identity, maybe he would not be in the White House today. The key to understanding him lies with his identification with his father, and his adoption of a cultural and political mindset rooted in postcolonial Africa. Like many educated intellectuals in postcolonial Africa, Barack Hussein Obama, Sr. was enraged at the transformation of his native land by its colonial conqueror. But instead of embracing the traditional values of his own tribal cultural past, he... (Read Full Article)

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White Israelites (those peoples of white color of Anglo-Saxon-Celtic and Northwestern European origins) who fulfilled Manifest Destiny in Africa (whether for pure or impure motives), raising the standard of living for all regardless of color or creed (even if not proportionately), as prophesied in the ethnocentric book we know as the Holy Bible (with its focus on the family of Jacob-Israel), cannot be compared to the destructive likes of the "African Colonials" who tear down everything for everyone but their self-absorbed inner circle of collapsed stars.

The AC's, the BAHs (Black African Holes, pronounced "boss"), like Soetoro/Obama, have the trappings to appear intellectual and thereby mislead by mass deception, but remain primitive and drawn to Marxism, aided and abetted by self-hating or misguided white people who destroy the worlds they were born into and deform prosperous countries like Rhodesia into Zimbabwe ruins, mutate South Africa into an ANC cesspool, and change the Republic of the United States into a Third World country.

www.davidbenariel.org

The Ark is in Israel!

'Ark of the Covenant' about to be unveiled?
Ethiopian patriarch tells pope he will show artifact to world

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Despite illegitimate claims from apostate Christians in Gentile lands, the Ark of the Covenant is under the Temple Mount, in the Holy of Holies, awaiting its imminent placement in the Third Temple foretold by the Prophets and destined to become a House of Prayer for All Peoples - unlike the present deplorable status quo of Nazi Muslim occupation that forcibly and illegally denies Christians and Jews their religious rights to pray or read the Bible upon the Temple Mount, Judaism's holiest site.

Although the Ark of the Covenant is not in Ethiopia, we know that the Vatican holds many of the temple treasures hostage, including the Menorah and the Sefer ha-Azarah courtyard scroll (written by Ezra), which must be returned to Jerusalem where they belong.

Where is the Ark of the Covenant?

The Correct Location of the Temple and the Holy of Holies

Will the pope act like Belshazzar or Cyrus?

http://www.davidbenariel.org/

President usurper is a marauder!

On June 4, 2009, President [usurper] Barack H. Obama delivered a speech in Cairo, Egypt, that contained a distorted view of the Jewish people's historical ties to the land of their forefathers, the land of Israel.

This video is a response.

http://www.templeinstitute.org/




Soetoro (who has never proven he's legally changed his name to Obama or that he's a natural born citizen) is clearly not a Christian. Legitimate Christians would never refer to the accursed Koran as "holy." What a fraud! What a marauder! The sooner this "Korach" goes "down" in history, the better, so help us God.

Where's the Birth Certificate? Jews and Christian Zionists can pull the Muslim prayer rug from out under Soetoro/Obama by demanding to know, as well as demanding to see proof of a legal name change that should have been reported to the State Department for passport purposes and the State of Illinois when he started his political mass deception.