“Cap & Trade” Is All About Money, Power & Government Control

The Washington Times reported Saturday morning that the House on Friday narrowly approved the so-called “cap-and-trade” bill, a sweeping climate change bill backed by President Obama and Democratic leaders.

By a vote of 219-212, the chamber approved a bill that, starting in 2012, would limit carbon dioxide pollution, require increased usage of renewable energy and require that consumer products be more energy efficient.

In reality, the “cap-and-trade” bill has more to do with money, power and government control than global warming “climate change.”

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• The Cap and Tax Fiction Democrats off-loading economics to pass climate change bill. (WSJ) House Speaker Nancy Pelosi has put cap-and-trade legislation on a forced march through the House, and the bill may get a full vote as early as Friday. It looks as if the Democrats will have to destroy the discipline of economics to get it done… More.
• Cap and trade: which part of ‘We can’t afford it’ doesn’t Obama understand? (London Telegraph) Wakey wakey America: nightmare day is here. The day when the House of Representatives votes on probably the most pointless, damaging, wrong-headed and suicidally dumb piece of legislation since… More.

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