Thursday, June 25, 2009

Stop Cap and Tax... Obama said under his plan energy prices will skyrocket.

Update.. the House may have passed this.. but we still have the Senate battle to come.. and it will likely be tougher for the Democrats to pass there as they will need 60 votes to overcome the inevitable filibuster. If only one or two Democratic Senators from coal states or manufacturing states stand for what is right it will not pass.

This is something about to be passed. NOW. Call your Congressmen right away. Even they admit that it will cost a LOT.... the first year of actual increased restrictions,.. with the easiest restrictions, you will only pay an estimated $175 more... but they leave out lots of important details. Add to that that companies will pay MUCH higher energy bills.. and we will see increased prices on products.. and even worse, companies moving overseas to avoid the cost. That is what happened in much of Europe when they tried cap and trade. It is a bad idea... and an expensive one.

To get a more realistic view of the cost I think it is fair to assume it will be like Britain.. where the estimated costs is $1300 per family over a year just a few years into the program. The Heritage Foundation's estimates are worse, saying that in 2020, when the restrictions hit... it will cost $1800 per family per year.. and going up, up, up and the restrictions get tougher and tougher... eventually costing over $6,000 per year.

The goal is to force us to change to more eco-friendly energy.. but the reality will be that for the most part factories and businesses will flee to Asia, just as they have in Europe.. so the net on the environment will not be better. In fact, Europe has found that companies do NOT reduce carbon use... they just raise prices. We have many failed examples of this program... I do not want us to be yet another.

Here are a few videos on the matter.. the first is a democratic Congressman sharing the facts on Cap and Trade.. and the other is a Republican ad that includes Obama's quote on skyrocketing energy prices.

This is a matter of HUGE URGENCY. They are likely to vote TOMORROW. Call first thing. Don't let this be an issue you stay on the sidelines for. You can get contact info in my sidebar for your Congressmen and women. ACT NOW.





An article worth reading: The Cap and Tax Fiction, of the Wall Street Journal.

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