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Cap and Trade passed, Get ready to empty your pockets in the US
outfctrl
Member UncommonPosts: 3,619
So much for no new taxes. Obama = LIAR, and the gullible people who voted for the CHOSEN ONE for lower taxes can now sit back and pay...pay...pay...including the people who didnt vote for him......LOL
Thanks allot
These are taxes. These are taxes on the consumers of American energy. So if you have electricity in your home or in your office, or if you drive a vehicle, or if you use electricity or oil or gas or energy of any kind, you will be paying a tax. And that tax will amount to $646 billion in new taxes, which will come out of your pocket.
So 100 percent of the people who use energy in this country will pay 100 percent of the taxes that will be levied pursuant to the Cap and Trade bill.
Now, this means that a typical consumer, in their electric bill in their home, will see about a 62 percent increase in their utility bills. And businesses, small businesses--such as you and the gentleman from Tennessee have been discussing--will see a 100 percent increase. They will see a doubling in their utility rates.
And, of course, other fuels will increase as well, including gasoline--which, once again, makes me recall my friend who brings groceries into the Wind River Reservation in Wyoming and the hardships that will be imposed on regular Americans as a consequence of Cap and Trade legislation.
In addition, the proposed budget by the President includes an enormous array of taxes on the oil and gas industry, which will, once again, be passed on to consumers in America--that is if the industry here survives.
Comments
lol lets be fair here. He is the only president that Promised new taxes and got Elected... this was Expected and Stupid.
But im sure this will be filled with liberals talking about how great it is.
If ye love wealth greater than liberty, the tranquility of servitude; greater than the animating contest for freedom, go home from us in peace. We seek not your counsel, nor your arms. Crouch down and lick the hand that feeds you; May your chains set lightly upon you, and may posterity forget that ye were our countrymen.
Samuel Adams
Last I checked the house couldn't pass bills alone.
The senate hasn't passed anything yet. Don't jump the gun.
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ya you beat me to it. He actually was pretty thorough and honest during the debates on how he was going to get the country out of debt
"If you want a picture of the future, imagine a robot foot stomping on a human face -- forever."
Curious, does this mean you also do not want cap and tax?
Curious, does this mean you also do not want cap and tax?
I honestly don't know. I can see both sides.
The Official God FAQ
Well, about to get flamed but....
Look, new taxes always suck. Always. No exception. But a couple points here...
1) The country is so far in debt it's insane, and that debt is helping to cripple teh entire world economy. Money has to come from somewhere.
2) I note you don't mention large businesses. I'm pretty sure the biggest energy-hogs of all are gonna have it worse. As it should be.
3) Seems like a good incentive for every American citizen to start thinking about how they can save energy, doesn't it?
It's a tough call for me. On the one hand we have to reduce dependence on oil and ideally develop a reliable alternative fuel source.
On the other hand, I don't want these big companies to start leaving the U.S. to go somewhere where they can pollute freely.
I think I support it simply because this forces the hand of some companies to change their ways. They aren't going to change their ways as long as they know it works.
It's not about pollution (although that is a bonus) it's about becoming energy independent.
The Official God FAQ
Thank you for briging up two very good points I missed.
I mean, I'm not happy about the utility blls I pay now, much less asking for more...but if it reduces pollution, helps gt teh US out of debt, and reduces our dependence on fossil fuels and foregin oil, it MIGHT not be a bad idea.
There is a reason the vote was so close: nobody really knows what is in the bill. It was ramrodded through by Pelosi, yes Pelosi, and not even all her own Democrats wanted to sign on for something they didn't fully understand. The darn thing by the end of Friday had 1200 pages and 300 pages of addendum. And they still voted. Honestly I feel it is an example of how broken our government has become. Why would you vote something into law if you didn't fully understand the law?
Anyway, I don't think it will pass the Senate. By the time it gets to a vote there, lawyers will have had weeks to look over the document rather than the days the House had to see it's final form and the hours they had to see it's form with additions from committee. Plus, it hasn't even been fully released to the public yet. Which is just crazy if you ask me.
I don't know what your getting at with this post. The house passing a bill does not mean it's law, which is what I said in my first reply.
You seem to think that because the house passed it, it's law and a man in a black suit is going to show up at your house tomorrow to take your money.
The House passes. Next step is the Senate, then on to the president. That's how the legislative system works.
The Official God FAQ
I don't know what your getting at with this post. The house passing a bill does not mean it's law, which is what I said in my first reply.
You seem to think that because the house passed it, it's law and a man in a black suit is going to show up at your house tomorrow to take your money.
The House passes. Next step is the Senate, then on to the president. That's how the legislative system works.
in the senate... where the democrat super majority will show us if the demorcrats vote the party line or vote what is right....
yes we will be watching won't we?
i'm speechless, the more crap that comes down the drain from obama i'm left with my jaw dropped, he is bankrupting our country, he's spinning out of control, he's turning us into a Socialist country, next step fascism. Keeps going, there WILL be another revolution.
I just have to laugh at people like this.
The Official God FAQ
I just have to laugh at people like this.
Why?
Do you really trust government that much?
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</OBAMA>
My Paycheck is Larger and I'm proud of my country again.
All good for me.
Did Obama increase the welfare checks?
Do you know what Socialism is? I don't normally comment on the people here who talk about Socialism because out of everyone who talks about it there are maybe 3 people who know what it is.
And the fact that you think Fascism is that close to Socialism just compounds the appearance that you're clueless.
Do you know what Socialism is? I don't normally comment on the people here who talk about Socialism because out of everyone who talks about it there are maybe 3 people who know what it is.
And the fact that you think Fascism is that close to Socialism just compounds the appearance that you're clueless.
ahh perhaps you refer to that stupid needle pointing at fascism on the right side and socialism on the left?
you think that's a fact because it's what you were told to think.
fascist mentality is quite common on the left. and they love socialism...so his perception isn't far off the mark
but go ahead and call us ignorant cause it makes you feel smarter
Did Obama increase the welfare checks?
ROLF..
Trade in material assumptions for spiritual facts and make permanent progress.
Promotes people to start saving energy and will help the country pay off debts.
Course if your greedy with your money, your going to hate this eh? :P
edit: and if your dirt poor I guess, but then id have to ask why your on mmorpg. o_O
I think the bill is retarded and just goes to show you how little democrats think for themselves. How can you approve a bill you haven't even begun to read? If any bill comes down that is 1500 pages, you can be assured its filled with more pork then a Butcher Shop. Anyone can tell this bill would kill jobs and increase consumer spending over 50%.
Its not going to pay off debt, its going to more government spending. I am just mad that my rep is already a republican, I have no one to complain to.
I don't know what your getting at with this post. The house passing a bill does not mean it's law, which is what I said in my first reply.
You seem to think that because the house passed it, it's law and a man in a black suit is going to show up at your house tomorrow to take your money.
The House passes. Next step is the Senate, then on to the president. That's how the legislative system works.
Please tell me you are not that naieve', Lets see,. Who is the majority? Who is the President?
Liberal, Liberal, Liberal. You know it will pass, no question. Sheesh, give me a break.
Then you are in the minority. I made allot more money during the Bush years. Now half the people are losing there homes because of the Democrats bleeding hearts for people who couldnt afford housing. Then the economy went to shit
and it all started with Clinton.
Cap and Trade......give me a break. Obama is ruining this Country because the people voted for someone that never should of been President.. They voted for him because ..They LIKED him.
The job of people in congress whether democrat or republican is to pass legislation that corporations give to them. They aren't there to read it and they aren't there to serve the interests of the people.
There are corporations that stand to make a tremendous amount of profit over the cap and trade system so they are interested in getting it passed so they can control the new profit streams. The fact it increases government spending is great, because it transfers public money to private power. In other words, corporate welfare.
Men fear thought as they fear nothing else on earth -- more than ruin -- more even than death.... Thought is subversive and revolutionary, destructive and terrible, thought is merciless to privilege, established institutions, and comfortable habit. Thought looks into the pit of hell and is not afraid. Thought is great and swift and free, the light of the world, and the chief glory of man. -- Bertrand Russell