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Barack Obama Admits: Energy Prices Will Skyrocket Under Cap And Trade

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Uploaded on Jun 23, 2009

In this January 2008 clip, Barack Obama admits that, under his Cap and Trade plan (or Cap and Tax as it's more accurately called) "energy prices would necessarily skyrocket." The most accurate cost estimate puts this "skyrocketing" at about $3,900 per year per household. Doesn't really sound like the formula for economic recovery to me.

http://www.bucksright.com/only-days-t....

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