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obama's Cap and Trade Taxes Will Destroy America

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Uploaded by on Mar 8, 2009

With unemployment rates at their highest levels since 1983, obama seeks to increase more taxes on small businesses. Socialism is a failure in the world, but the left have never learned that. Marrying incompetence with ideology is what the voters elected. FAILURE!

http://www.mererhetoric.com/archives/11275492.html

Hey, remember that time when Carbon markets collapsed in Europe? Before the US adopts the silly cap-and-trade "market" approach to curbing carbon emissions, perhaps we should see what the recession has done to the European carbon market. The EU has spent a lot of money rediscovering the laws of supply and demand in this recession. Instead of making carbon emissions a scarcity, the economic collapse has created a glut of indulgences... All of which has set off what Julian Glover calls the "Great Pollution Fire Sale". He blames the EU for being too generous in its allocation of carbon credits, but the allocation was calculated during economic growth. The EU wanted to make sure that the cap-and-trade system didn't interfere with the economy, and so made sure that the energy producers didn't get disincentivized enough to create artificial energy shortages that would have stalled growth.

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Uploader Comments (AlreadyKnownAsX2)

  • if you notice how during the election they did not talk about this

    because mccain and obama had the same plan

    and to the guy who posted this video i think you need to look up socialism because having a auction isnt socialism its lett the free market decide how much it will be

    but its ok you were close all he had to was say the government was going to take over the energy companys then you would have been right to call it socialism

  • It's obvious that you didn't even listen to the video.

    obama clearly said during his campaign that his plan would hurt the coal industries. obama's administration is repeating calls for HIGHER energy costs just as obama did during his campaign.

    Free markets don't stand a chance when legislating higher tax increases on production. That IS socialism.

  • You're not too bright there dumbdumb911, are you?

    What's the reason behind the cap and trade taxes? Capping emissions to fight global warming? What nonsense if you actually believe that.

    The higher taxes are needed to fill the gaps left on the budget do to the vast overspending on their socialistic programs.

    Taking from Peter to pay Paul at the expense of hard working taxpayers, is socialism.

  • dumbdumb911, the creation of a crisis is the goals of this leftist administration. Why? To install government operations.

    TARP 1 didn't work. Now TARP 2, and all of its pork, will not work either.

    Therefore the administration must get their money from somewhere. Private businesses.

    When this administration taxes the hell of them, the jobless run to the state for help. Socialism.

Top Comments

  • thats the point. It is just a disguised way for government to get tax payers money. There is no point in taxing carbon based energy sources to reduce usage when there is no alt. energy source available. Consumer usage will more than likely not decrease in the least, In reality, americans are just giving their hard earned dollars right into the pockets of politicians which will just screw the people in that it is giving government more power to come up with more scandalous bills and expand.

  • Keep up the good work AlreadyKnownAsX2. So many people still don't understand the destrutive nature of this policy.

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All Comments (61)

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  • Thank God the Republicans control the House. Cap n Trade is now DEAD!!

  • Don't get me wrong, barack HUSSEIN obama has been the frontman for all this, but pay no attention to the wizards behind the curtain, aka the federal reserve and world bankers who buy and sell politicians (as well as their souls) like no tomorrow. There is no rep or dem in the sense we are used to, most of them are just putting on a show for everyone so the middle and lower class will divide and not pay attention to who is really RESPONSIBLE for all this chaos. They're all FAKE! Don't be fooled!

  • Work a job that you hate to pay for shit you don't need. Your a slave to the system and those at the top are laughing all the way to the bank.

  • Obama is just the fall-boy, Mccain would have done the same thing but Obama would just make an easier puppet that the American people would believe in. This country is going downhill FAST. As a homeowner I find this act distressing at best; its just going to lead to more money being sucked out of my wallet to make me work more so I can be a slave to a DEBT system that makes the rich RICHER and everyone else (including the lower class and those without jobs) BROKE. WAKE UP AMERICA!!!!!!!

  • @punchmaster123 Ongoing

    Big Ass Mistake America

  • @kyriacos40 i believe you are correct

  • Put I guy in a suit & tie with a million doller smile and knows how to sell snow to eskimos as a leader of a country and you have someone dangerous.Hitler to the german people looked like a savior to them, he new the art of mass media manipulation of the minds of people.I am telling you I never seen such a society hypnotised by one man like Obama has on america.If Obama asked you to drink poisin fruit juice like Jones followers did i believe americans would.

  • Full 1 Hour Documentary exposing the Cap and Trade agenda of the Oil Spill. Exposes the hidden agenda and the poisons that are being used to 'Clean' the spill. Spread the word!

    youtube.com/watch?v=PD3PxQ-qTu­A

  • AL GORE is a RAPIST-he raped a massage therapist in NY; AL GORE views himself as ROMAN Cesar Tiberius-whom decried in 14 BC"The whole world shall pay ME taxes or be killed!" AL GORE-wants to carbon CAP & TAX the whole world so he can steal $Billions. AL GORE has three $8 Million house like King Tiberius whom had a palace in ROME,palace in Constantinople,& palace in Antioch. ALL HAIL EMPEROR AL GORE-KING of RAPE! WHY did Tipper Leave you? Tell you Reps your AGAINST paying $Billions to RAPIST!

  • obama wants us to become slaves

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