Get ready to bend over and take one for the Democrats, America.
Lies, lies and more lies are being used in an attempt to pass the largest tax in the history of the nation.
House Speaker Nancy Pelosi has put cap-and-trade legislation on a forced march through the House, and the bill may get a full vote as early as Friday. It looks as if the Democrats will have to destroy the discipline of economics to get it done.
Despite House Energy and Commerce Chairman Henry Waxman’s many payoffs to Members, rural and Blue Dog Democrats remain wary of voting for a bill that will impose crushing costs on their home-district businesses and consumers. The leadership’s solution to this problem is to simply claim the bill defies the laws of economics.
Obama himself admitted in 2008 that “Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”
The reality is that cost estimates for climate legislation are as unreliable as the models predicting climate change. What comes out of the computer is a function of what politicians type in. A better indicator might be what other countries are already experiencing. Britain’s Taxpayer Alliance estimates the average family there is paying nearly $1,300 a year in green taxes for carbon-cutting programs in effect only a few years.
Americans should know that those Members who vote for this climate bill are voting for what is likely to be the biggest tax in American history. Even Democrats can’t repeal that reality.
Democrats are scrambling to get this disastrous bill passed before the public has a chance to understand the implications. And like the “bail out” bill and “health care” they will lie, cheat and steal to get their way on this.
And like the bail out and healthcare bills, the cap and trade bill is all about expanding government power. “Global Warming” is just the convenient excuse.