Wednesday, March 04, 2009

Cap and Trade

Obama plans of fighting Gobal Warming (which is called "Climate Change" now) which is in reality another tax on the Middle Class because the increase for conducting business will be passed onto the comsumer. The Obama administration will create a credit (the business will have to pay the government for the credits) system where business will be limited to an amount of CO2 that they can emit so in essence their emmisions well be capped, but for those business that are below their emmision cap they will be able to trade their credits to another company that is over their limit thus making a financial gain of some amount, what ever the price of a credit. The process has to be control somewhere, sooooooo you might ask where???? Well I will tell you -- Chicago, the thug city and who is going to be charge, one of the President's buddies and make all kinds of money off this scam, plus the traders who will be maintaining the credit market.

Cap and trade will increase the price of energy, food, and be passed onto the consumer. Soon we will have to pay to breath.

Third world countries, and China (which is building coal powerplants) will still expell CO2 at the same rates or increased rates with no repercussions.

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