Obama's Cap and Trade Plans

Discussion in 'Politics' started by carpro, Apr 17, 2009.

  1. carpro

    carpro
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    20,911
    Likes Received:
    295
    http://www.usnews.com/blogs/capital...-obamas-cap-and-trade-plan-will-cost-you.html

    What Obama's Cap-And-Trade Plan Will Cost You
    March 03, 2009 08:07 AM ET | James Pethokoukis

    A study from the George C. Marshall Institute tries to quantify the costs of a cap-and-trade plan to reduce carbon emissions. They're not small, to say the least: And although this study uses 2008 as a baseline, the Obama plan would hit in 2012 and could come in combo with a hike in investment and incomes taxes for wealthier Americans and the creation of a special healthcare tax:

    The authors find that the constraints posed by the Lieberman-Warner cap-and-trade approach is equivalent to a constant (in percentage terms) consumption decrease of about 1% each year, continuing to 2050. Put another way, the cap-and-trade approach is the equivalent of a permanent tax increase for the average American household, which was estimated to be $1,100 in 2008, would rise to $1,437 by 2015, to $1,979 in 2030, and $2,979 in 2050.

    Reviewing a host of recent studies, Buckley and Mityakov show that estimates of job losses attributable to cap-and-trade range in the hundreds of thousands. The price for energy paid by the American consumer also will rise. The studies reviewed showed electricity prices jumping 5-15% by 2015, natural gas prices up 12-50% by 2015, and gasoline prices up 9-145% by 2015. As an illustration, gasoline would suffer a 16 cent price increase per gallon at the low end of the estimates to a $2.58 penalty at the high end (using the January 2009 reported retail price of $1.78 per gallon).
     
  2. OldRegular

    OldRegular
    Expand Collapse
    Well-Known Member

    Joined:
    Nov 21, 2004
    Messages:
    22,678
    Likes Received:
    53
    Cap and trade is probably the quickest way that Obama can make the United States a third world country which I believe is his one goal in life. The price of everything in the country will increase. I do not believe there is any way the impact can be determined other than history.
     
  3. carpro

    carpro
    Expand Collapse
    Well-Known Member

    Joined:
    Oct 14, 2004
    Messages:
    20,911
    Likes Received:
    295
    Serious business.

    The average citizen has no idea what kind of financial hardships this policy will cause.

    All in the name of unproven and completely false "science".
     
  4. LeBuick

    LeBuick
    Expand Collapse
    New Member

    Joined:
    Jun 8, 2006
    Messages:
    11,537
    Likes Received:
    0
    1. The MIT study when the Republican's initially used said the increase will be about $300/yr.

    2. It is not a tax to us

    3. By 2050 Obama will be long gone and the laws will be changed 100 of times.

    4. Cap and trade was already defeated in the congress so this is a non-issue.
     
  5. LeBuick

    LeBuick
    Expand Collapse
    New Member

    Joined:
    Jun 8, 2006
    Messages:
    11,537
    Likes Received:
    0
    More fear mongering from the right...

    http://miccheckradio.org/Issues/200...nt-Misrepresenting-the-MIT-Study-on-Cap-Trade

     
  6. OldRegular

    OldRegular
    Expand Collapse
    Well-Known Member

    Joined:
    Nov 21, 2004
    Messages:
    22,678
    Likes Received:
    53
    You are exactly right. No one knows the affect this charade will have on the economy. I expect Obama believes it will be one more tool in the destruction of the Republic.
     
  7. SeekingTruth

    SeekingTruth
    Expand Collapse
    Member

    Joined:
    May 25, 2005
    Messages:
    514
    Likes Received:
    1
    Say What

    This link takes you to another far left group. If anyone is interested, follow the link, scroll to the bottom of the page and note the link there: http://www.americanprogressaction.org/. Go to that web site, and click on their "EXPERTS" tab. Randomly select anyone of the names. You will find that their background is completely liberal.

    So we have a "fact check" group sponsored by a liberal action fund, and we are supposed to accept their version of the truth.:smilewinkgrin::BangHead::tonofbricks:
     
  8. OldRegular

    OldRegular
    Expand Collapse
    Well-Known Member

    Joined:
    Nov 21, 2004
    Messages:
    22,678
    Likes Received:
    53
    LB is just full of? surprises!:thumbs:
     
  9. LeBuick

    LeBuick
    Expand Collapse
    New Member

    Joined:
    Jun 8, 2006
    Messages:
    11,537
    Likes Received:
    0
    You doubt their integrity??? Should we trust the folks who turn disgruntled vets into all vets?
     
  10. SeekingTruth

    SeekingTruth
    Expand Collapse
    Member

    Joined:
    May 25, 2005
    Messages:
    514
    Likes Received:
    1
    LB--yes I doubt their integrity. :thumbs:
     
  11. rbell

    rbell
    Expand Collapse
    Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    Should we trust the folks who lie about the "climate change" so that they can take more of our money?
     
  12. OldRegular

    OldRegular
    Expand Collapse
    Well-Known Member

    Joined:
    Nov 21, 2004
    Messages:
    22,678
    Likes Received:
    53
    The question should be: Should we trust the folks who turn all vets into a disgruntled vet?

    I confess that I am a disgruntled veteran when I consider what Obama and his far left cabal are doing to this country.
     

Share This Page

Loading...