Obama: "Cap & Trade Will Cause Electricity Rates To Skyrocket"

[AmiableAndy]

Stop sending Trillions to foreign oil countries & start using our own. Better do it now, or $5gas will cause an economic mess. Watch the unemployment start to SKYROCKET just like Obama's wish for energy prices to SKYROCKET.

Such a short-sighted and naive lot of you who think $10gas is good for any economy in any nation. Keynesian economics will only lead to inflation of all commodities. Let's be the Industrial Leader of the World in Manufacturing once again; Service Economy is Sure Failure!

[FreedomInAmerica]

John R. Christy has been accused of recanting his position that climate change is neither Anthropogenic nor Catastrophic, but he didn’t. He used two independent data sets, weather balloon and satellite for his findings. (see links in my about me) Later he only stated that there was some anthropogenic impact that could not be predicted 100 years out, but that what we’re doing was good for the plants.

[FreedomInAmerica]

2/2 watch?v=bgKr480RYc4 Obama's Former Green Jobs Czar and Communist, Van Jones

Admits Left is 'PRETENDING' Need for Regulations in Green Movement

[FreedomInAmerica]

1 /2 Obama stop offshore drilling until it was reinstated. This could cause a $5 a gallon increase, because we would grow dependent upon foreign nations we are not allies with in order to provide our oil. Cap and Trade (American Power Act) would increase gas prices increase by $2.58 a gallon according to George C. Marshall Institute& taxes on the average household up to $3200 according to the RNC Foreign countries price gouge w/ gas prices to $10/gal!.

.

Allen West 2012

[mattydigs]

The big purple elephant in the room is Europe and how abysmal the carbon credit system turned out to for them. No seems to mention that. Hmm ... wonder why

[vechorik]

Hate the wealthy? Give to the less fortunate? "Even the playing field" ?

Here are average yearly incomes of several countries:

Brazil $8,135

Venezuela $11,444

India $1,054

China $3,212

USA $45,835

To even the playing field, we must "de-develop the USA" , redistribute the wealth globally (take your income) vis cap and trade and other measures. How does socialism look to you now? It's not taking money from the wealthy -- it's taking your money!

[bondsly]

Not only will cap and trade cost more just like his government health care it means the government will have more control over everyones life just like Obama taking over all the major industries does everyone want to invest knowing the government is watching you and has control now over banks and financial institutions.

[b1naryd1g1t5]

Does anyone else not find it scary that the President of the United States is calling for "sky-rocketing" energy prices during a recession? Forget the recession, I find it scary that any President would call for sky-rocketing prices any time.

Democrats, how's that for protecting the working man? You idiot Democrats are just pawns in the elitist liberal game.

[ejthetiger]

This is insanity, lunacy, and ABUSE of the citizenry.  And based on the LIE of global warming.

Jackass The Party=At war with the people!

[VolParagom]

This is unbelievable...How does he expect people in the colder states to SURVIVE?...=,( KrazeeKoolaid has it right...This is a kill-off-the-poor tax...

[KrazeeKoolaid]

What a joke cap and trade is. I've always been energy conscience because we can't afford to pay our bills as it is... You know? Paycheck to paycheck just to pay for common necessities. This would also cripple our paycheck even more since we are in the transportation industry. How about people who live on fixed incomes? Many are the elderly...So I see where the trickle down effect is going to come into play with a tax like this. The name of this bill should be the, "Kill Off the Poor Tax."

[HR1800]

Obama does not think power costs will increase, he has magical thinking. co2 is breathed out of your lungs, will that cost? Obama is trying to overwhelm the gov system and create chaos, do u wonder why?

[imax1971]

The Alinsky model....

[kboss2011]

fuck he's making Bush look good

[ars21689]

Does he really think that cap and trade will not raise costs? He's going to let the bush tax cuts expire and he's talked about raising corp. taxes. If that much money is taken away from them, there is no way they'll invest large sums of money in working on unproven clean energy tech what will happen is they will raise consumer costs

[populartechnology]

Just a note this has nothing to do with reducing pollution. Carbon Dioxide (CO2) is the life supporting trace gas that naturally occurs in our atmosphere and that you exhale. Cap and Trade is solely about controlling CO2 for the alleged global warming threat. None of this has anything to do with improving your air quality.

[philbusa]

hey,you guys voted him in here,not me

[wildhandyman]

Obama is an idiot.

[WeCanAllGetAllong]

Paying More To Use Less....this is going to be a disaster!

Its a tax TO BREATHE.......Yup You guessed it,they've figured out how to tax us to breathe,its heavy eugenics!

Check out the Georgia Guide Stones and that story! Its population control.

Here comes the boot stomping on the face of humanity!

Now they might play the bio card,so buckle up and hang on..its going to get ugly oops I mean bumpy!

[JonThm]

Ovford University can now do nuclear fusion from H gas - my PhD in Septenber

[wtfanman60]

ugh, the thermometer has refused to go up since 1998(as the "hottest year ever")...which was bunk science then because there was a y2k glitch in the numbers. Now they are conceding and predicting that temperatures will be trending DOWN for THIRTY years.

[Caldonia400]

Hey, what ever happened to BO's read my purple lips, no new taxes if you make under 250K pledge??? Cap and trade would be a huge tax on everyone.

[IronythatisLife]

Obama is just thinking ahead.... He needs to raise energy costs so high that ALL elderly people won't be able to afford air conditioning during the summer and will die of heat stroke. Then, after he implements his socialist health care plan, they will no longer be a burden on the system because they're dead. Very cost effective! (Yes I'm being cynical!)

[dudeman1109]

What a great time to decide to try to pass this bullshit that will make utilities go UP.... Dosent this dumb son of a bitch realize we are in a fuckin Depression... Yeah I said depression, not recession. Fuck, I swear they are trying to make it impossible to own a home.

[modifiedcontent]

@dudeman1109, Obama is deliberately killing capitalism. It's basic 1960s socialist dogma that capitalism needs to go to "save the planet". We will all go back to nature and the government will provide for us, running on clean technology.

[1kel40b]

you sheep wanted change. you got it

[theoctane]

couldn't have said it better myself.

[larissan04]

we have to vote this moron out of office. in the mid terms we need to take away congressional control from the yes men, the democratic party. people need to get busy and organize locally NOW. there must be a strong grass roots movement in place in every local community when election time comes around. that is the only way to get this moron out of office or minimze his power before he destroys the economy of the US. s

[LillithCarmichael]

My God what is the Congress thinking?? Are pay has not increased, we pay more to eat, and expenses to live and now this insane tax at a time like this!! By his own words it would increase the cost to consumers where is his head??? Does the President and Congress not see that the real America is hurting?? We are becoming the land of the broke and broken. There is time and place for everything but not at the expense of a people already abused. I pray we make it 4 years. Vote the bums out!!

[alanah121]

call your senators!!! we need to stop this bill in the senate!!!

[chilingzzz]

C r e e p y!!Check it out! Ever notice Obama's eyes don't reflect light? Its weird you might see a slight hint of light when there are cameras blasted all over, but not nearly what it should be. It's strange,... just two black dots most of the time w/o a light reflection. WEIRD! I'm just saying...

[jiminiflix]

This couldn't have been a new idea. I believe this is the unltimate strangle hold on democracy and freedom. Nothin can grow and succeed because of the tax problems- its too complex and too burdensome on the people. People will still consume energy- its a check mate for on the people and industry won't have to change as long as the consumer wears the costs.Its still ridiculous to claim its a scientific fact that CO2 causes global warming. Ablack hole in the milky way is causing solar flares.

[deletethefed]

looks like a revolution is inevitable

[rusty2029]

Wow!

So we steal from the people to give to the energy providers who give it to the government who passes it on to poor working people

[ed2kou1]

Yeah but the poor working people's utilities will go up, 2 times what it is now.

[maximumvalues]

This is the change you voted for and now you will bring down Canada with you. something must be done quickly or we all go down with the ship.

[SOMELITTLEGIANT]

it's like when people wouldn't really use computers until they put all those taxes on typewriters, remember?

[moronpolice]

Now they found a way to ram stuff through the house. Wait for a huge celeb to die.. then ram through anything since the media is fixated on celebrity

[Nishie900]

You're totally right. It seems like the perfect time for them.

[ed2kou1]

The real problem is this. Economy, through the economy, we get stimulus, then the government ownes banks, car dealerships. Everything is for the economy, everything is a crisis. Cars, we get them to make more of the clown cars, and the government forces us to drive them. Enviroment, economy crisis. Health care Economy crisis. Cap and trade, crisis economy. You see the pattern. Through all these we lose our FREEDOM! Listen to him, everytime, economy Crisis.

[fhlstables]

The rapidity of these laws that are being flown through congress all the time show they had an agenda-it's NOT the american people their helping. first was the banks - now govt owned; then auto industry; Homes are still being foreclosed on while the people who have those mortgages pocket the money that Obama gave them; and now making our utilities govt owned. NEXT -our food. Get yourself acquainted with NAIS - national animal identification system. Then our guns so we can't protect ourselves.

[Orbit915]

this whole thing sounds FUBAR to me

[KARStarla]

he says, "making work pay" while unemploying the nation.

by 2016 every car will cost $1300 more because of the carbon deal and because every car by that time must get 38 miles to the gallon...have they ever heard of foresight? like doing these things when half the nation is employed rather then nearing a depression?

...given the people dont make a million dollars in a lifetime like they do in one second with a lobbyist and a two figure change throws us under the bus more easily

[maximumvalues]

more and more everyday it is becoming very clear to me. the fact that i wake up in the night, heart pounding and mouth dry enjoying a panic attack. this is the end game and the suits are rather calm abou it.

[KARStarla]

yeah incentives for an alternative to make you broke and unable to afford an alternative

[dgallegos4201]

i really pray that cap and trade will not go through but knowing obama's chicago-style strong arming politics, he'll get away with bankrupting our nation.

[XionXXXX]

A cap and trade system will ruin the economy even more, very bad idea when overseas companies don't have it, this will obviously speed up job losses, speed up Outsourcing and Offshoring and more businesses will shut down and move overseas, or worse go bankrupt.

What a solution should be is better energy efficient technologies and engineering.

[jaylowe6]

This is not the thing to do to help jolt the economy, lets punish businesses so they'll take their companies oversees; which means more jobs lost and a deeper debt in America. This is a political agenda, it has nothing to do with helping the economy it never had the intentions of helping anything but his political views. Everyone should read the article of what production line vehicles obama is approving he doesnt represent hope, he tried to close down a school that was helping innercity kids.

[joeslick65]

Thanks to all the dumb ass liberals who voted for this clown. It will take years to straighten out the damage that this bozo will do in the next 3.5 years. You better all start burying and hiding all of your money because the Obama man is coming to take it all!

[jaguarTN]

I agree.

[NAGGERNUTZ]

Yet liberals STILL support him! And his approval rating is 62%. I don't get it. What does it take to get these liberal morons to see what he's doing? I understand supporting the man you voted for, but Jesus people! I'm beginning to think if he raped a brownie scout the liberals would somehow say she deserved it. Our next president has his work cut out for him just reversing all this bullshit. Hurry 2012!

[jaguarTN]

When the blind lead the blind they both fall into a ditch.

[whoo689]

"Making work pay" is such a dumbass name for a tax cut/credit. Of COURSE work pays! Wtf do you think a salary is, you idiot Obama? And it's not like workers can't find good-paying jobs in our vibrant economy, although it's harder now cuz of the recession. God, Obama, way to be a poor enabler, rather than encouraging people to lift themselves up by their own bootstraps and become financially independent. And all of that homeowners bailout bullshit, rather than letting homeowners face reality

[whoo689]

BUSTED, Obama! Wow! I did not expect such a stupid gaffe like this from Obama, him actually ADMITTING that his cap-and-trade system would cause prices to skyrocket that would passed on to consumers. What a joke! This guy is such a statist douche. I can't believe he'd be dumb enough to admit that his plan, just 3 days before inauguration, would raise prices. Idiot

[jaguarTN]

The people who voted for him would execute you for those words LOL

[joeslick65]

One Big Ass Mistake America. The damage this bozo will do in the next 4 years is unimaginable. Remember a man named Jimmy Carter? By the way global warming is a complete hoax. Read and listen to the facts from 'real' scientist who disagree with this science fiction.

[snowcloud]

This is all part of his plan to get us all on the government dole and make us slaves of the government.

Global warming is a H. O. A. X.!!!!!!!!

Biggest scam of all time.

And WE have to pay for it.

[HateMccain]

And the higher that electricity rates skyrocket, the happier Obama will be. That's the change that he apparently believes in. YES, HE CAN (destroy capitalism and prosperity)!

[GeauxTigers570307]

Tax revolt in 2010!!!

[GeauxTigers570307]

The dems want Americans to live like Europeans. Everyone living in cities live off the government in small apartments or houses. They all drive small cars or are heavily dependent on public transportation. Folks in the rural parts, especially the South and mid-west will pay for the cost. Look at them trying to tax farmers and cattlemen. A revolution is brewing. Tax revolt will be here in a year!!!

[shenmueryu]

Bush left this in place so once again it just shows that he has only passed the torch to Obama and they are continuing the same policies as planned and according to schedule (that's right they are doing this on time before the people can figure out what is going on). Once those energy prices soar then they we will all be really pissed though and dont give me that go green nonsense when people are struggling to pay the freakin lights let alone converting what they have to another source

[kangeliai]

typical tax and spend liberal democrat. Slick talking Obama must be laughing about how he fooled the middle classs american people. HERE again liberal lier obama is going to punish the dumb people who voted for him...He will force industry out of this country too...

[LiberalshateAmerica]

I cant wait until obama leaves office so WE can press charges against HIM!

[lesgov69]

Why does Obama care he can afford it.

[lesgov69]

I hope my $15 a week tax credtit will pay for this. This will hurt every family Obama says he wants to protect. Less money in the private sector and more money for government to waste.

[sbourg55]

Insane policies by the Democrats, to further crush our economy. They can't increase taxes and have the economy get better. It will just make the "government-sector" work better. The private sector is in BIG trouble with these Dems in power. Duh. Because our wallets are in BIG trouble with them in power!

[chasinwaterfalls]

i think america is going insane trying to make laws about everything in the kitchen sink. how ludicrous that the EPA is trying to limit greenhouse gases! i didn't know, but i heard carbon dioxide is good for little things like removing caffeine from coffee, or for dry ice in making wine and preventing grapes from melting which would decrease the sugar in the wine. it's fucked up that the EPA won't just let nature exist as it is. i hope the legislature doesn't pass this absurd law.

[Srekwah]

Not to mention been crucial to growing every single thing on earth including you and me and even jellyback, boneless leftist traitors undeserving of anything!

[sshapewa]

hahaha stupid cuntfuck liberals,since liberals dont know economics,they will be fucked by obama's tax policies,taxing the rich = high prices,i bought myself solar equipment,i know longer buy energy,goodluck enjoying your high prices motherfukcers!!!

[alan933]

If my electric bill goes up , I am spending less money on soft or durable goods. Economy then falters further into recession and depression.

Economics 101 dufus Obamites.

[RolandDeschain98034]

This is why I voted for McCain...not because I'm a republican (I'm a registered democrat...but I hate both parties) but because what a liberal senate, congress and president can do together...terrifies me.

[grraadd]

but it's good for people - they will go to sleep earlier. See, how caring socialists are?

[wilbert1755]

CASH SHORTAGE: EU CLIMATE POLICY FACES BANKRUPTCY.

EU BACKTRACKS ON CLIMATE FINANCE.

EU CARBON TRADING UNDERMINED BY BOOM AND BUST

A Few Headlines from Europe.

[wilbert1755]

0.35 what's an Ecomony? :-)