Riffhard wrote on Jun 25
th, 2009 at 2:55pm:
This article from the WSJ puts a pretty fine point on the whole sham that is cap and trade. By trying to sell a gullible American public into believing that this will save the planet from irreparable harm Democrats are trying to levy the largest tax in US history, but hey, don't take my word for it, just read the article.
http://online.wsj.com/article/SB124588837560750781.htmlOh, and funman. I know that you have a hard time following the logic of Dems deliberatly wanting to raise the cost of fuel, so I have decided to lift this quote directly from the above article just in case you refuse to read the entire article.
Here---> "The whole point of cap and trade is to hike the price of electricity and gas so that Americans will use less. These higher prices will show up not just in electricity bills or at the gas station but in every manufactured good, from food to cars."
Riffy
Well, you're correct in the assumption that I wouldn't read the entire article.
I disagree that the Dems want the price of energy to increase so that they can somehow gather more political power or tax revenue.
I side with the concept that when industry is faced with more expensive energy costs, finally we will see innovation regarding decreasing the pollution associated with electricity generation (and other industries), and it will be the free market that makes it happen.
All of the opposition is again, large companies not wanting to lose one cent of their profit (and anybody they can sway).
My bottom line on this is that I'm for whatever lessens the pollution. That's where my vote will be cast. The squandering of the Earth's resources for the profit for a few has to stop, IMO. All of this should have started in the '70's. We knew, but didn't properly address it back then.