May 17 2008
Global Warming Gore Whores are Goring America (Elites Excluded)
There is pending in the United States Senate a monstrosity that gives some serious meaning to the facetious wisecrack that Americans are safer when Congress is out of session. As usual, Senator James Inhofe (R-Okla.), Ranking Member and former Chairman of the Senate Environment and Public Works Committee (EPW), is doing much of the heavy lifting in the name of down-to-earth sanity in citing the monstrosity’s many flaws.
S-2191, the Lieberman-Warner “cap and trade” bill (scheduled for Senate debate shortly after Memorial Day) would require companies to cut greenhouse gas emissions to 2005 levels by the year 2012. By 2020, those emissions are mandated to return to 1990 levels. And industrial America is expected to reduce emissions to 65% below 1990 levels by the year 2050. This is all in the name of the hoax known as “man-made global warming.” That’s the “cap.”
Gore’s mansion sets the example
The theory behind “cap and trade” is that companies cutting their emissions below their legal limit can sell their excess emissions rights to other parties. That’s the “trade.” Every time Al Gore’s environmental hypocrisy is nailed, he replies he purchases emissions “credits” from other parties in order to operate his huge energy-hog mansion in Nashville. That’s the model for this bill
The small print: the cap and trade “problem”
For starters, just by its very nature, Warner-Lieberman supplies more weight to the already horrific pressures to make your personal wallet or purse considerably lighter. The congressional Budget Office (CBO) says the bill would create $1.2 trillion in government spending over the next 10 years alone.
But while government spending goes up, household income will go down, possibly by nearly $3,000 in 2020 and more than double that amount by 2030. Senator Inhofe figures families in his state of Oklahoma will be stuck with paying $3,298 for the increased cost of gasoline and energy.
Poor families would get the worst of it. Liberal politicians — who claim their hearts bleed for the poor — apparently figure they, themselves, won’t be adversely affected by the higher energy bills that will hit low income families, who already pay 5 times as much of their monthly budgets on energy (19%) as do wealthier families (4%).
And don’t forget the pain at the pump. A study by the Environmental Protection Agency (EPA) projects that gasoline prices will soar by 53 cents a gallon by the time the full effects of Lieberman-Warner kick in.Jobs? Forget it. You will be lucky just to keep the one you have because if you lose it, you’ll have a harder time getting another one. Senator Inhofe cites an Independent Energy Information Administration (IEIA) study as forecasting a 9.5% drop in manufacturing and higher energy costs under L/W, and that it will be worse unless we build 350 nuclear plants by 2030. (Note: This column has advocated building nuclear plants as a substitute for begging on our hind legs from the oil-rich countries that hate us.)
Under Lieberman/Warner, America stands to lose jobs in the millions.[...]
Senator Boxer is sure to put on a great show of fighting mightily for the measure in Senate debate, she is really not interested in passing Lieberman-Warner (S-2191) in 2008. She has been quoted as saying the media and UN climate alarmists are doing such a great job of burying the public with the myth of man-made “global warming” that she would actually rather let the issue simmer out there for a couple of election cycles — hopefully to knock off members of Congress who are willing to break up the charade by pointing out that the Goebbels-like “climate change” propagandists are the proverbial emperors with no clothes. Recall that Joseph Goebbels was the Nazi propagandist whose motto was that a lie repeated often enough becomes “truth.” Such is the methodology of the “global warming” potentates.(ed:all bold mine)
continue reading (and weeping)…
The Plot to Throw You Out of Work and Stick You With Higher Taxes
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