Energy Expert: ‘Cap and Trade’ a Leftist Plot
Energy Expert, Marlo Lewis, was recently interviewed by newsmax and was not too pleased with the ‘Cap and Trade’ law that has already passed the House. (I like to call it ‘Cap and Poverty’, but you may recognize ‘Cap and Tax’)
As you probably already knew, he was not too supportive of the entire bill and called the legislation an outright leftist plot. Believing the same, I felt it was wise to share a portion of the article with you.
As “cap and trade” legislation (H.R. 2454) moves through Congress, policy analysts are sounding the alarm about the impact such legislation would have on the already troubled U.S. economy. Marlo Lewis, a global warming and energy policy analyst at the Competitive Enterprise Institute, believes the bill is just one of many legislative and regulatory attempts by left-wing politicos to seize the U.S. and world financial system.
“Basically, what they’re trying to do is engineer a takeover of the U.S and global economies through regulation,” Lewis told Newsmax.TV correspondent Kathleen Walter. “There are huge stakes here. Trillions of dollars are at stake.”
Lewis said cap and trade would have a chilling effect on the U.S. economy by creating a cloud of uncertainty over all business investments relating to energy-intensive products. It would require a sharp reduction of energy use in the U.S. economy, which would drive up energy prices. The days of $4 gallons of gasoline would return, Lewis said.
“The main thing to consider is that once you get a cap and trade system in place, you have an energy-rationing scheme locked into law, regulation, public policy,” said Lewis. “From then on, the debate will only be over how much faster to tighten the cap, how much more stringent the restriction on fossil energy use will be.”
Many government agencies and some on Wall Street stand to benefit from such legislation at the expense of the American people. The Environmental Protection Agency would see a huge increase in resources, funding and staff under a cap and trade program. Many big businesses also would stand to profit from energy-rationing schemes.
“If you have cap and trade, what you have is an artificial government-created market for trading carbon futures, carbon derivatives, a multitrillion-dollar market,” said Lewis. “Wall Street will get rich off this, because brokers make money whenever any commodity is bought or sold.”
Ok, now for a simple breakdown so that those on the left can understand… There are many reasons conservatives are against this bill, but the main reason is not because they desire to trash the environment. They see this as a government takeover of the world economy by regulating enterprise. If enacted, through taxation they then can choose to destroy a company or allow it to prosper. (As well as destroy the livelihood of every American)
It is a blatant power grab by the ‘maniac environmentalists’ using the left wing Democratic party as it’s tool. It will only hurt American families and cause thousands of more jobs to be lost. In short, it will be a disaster for anyone who desires to live under freedom.
For more on this legislation and how it will effect your State, see excellent articles here and here.
Too bad El Presidente does not push for oil exploration near our coasts and for the building of new nuclear power plants within our borders. To be freed from the dependence on Arab and Venezuelan oil supplies would go a long way toward stabilizing gas prices in the U.S. New nuclear plants would be better for the atmosphere. Sadly, El Presidente is a new age follower of the prophet of doom, Al Gore. algore is spitting CO2 into the atmosphere at record rates as he flies around the world collecting fees for his end-of-the-world presentations. algore is also set to make millions if Cap and Trade passes the Senate. El Presidente is matching algore for CO2 generation as he flies Air Force 1 around the country to propogandize his health care agenda and around the world to demean our country to the Muslim community.
Please God, remove Obama in 2012.