CAP & TRADE = CENTRAL PLANNING:
Obama speaking of Cap & Trade, in his weekly address - via Power Line:
"... this legislation
will finally
make clean energy
the profitable kind of energy. "
will finally
make clean energy
the profitable kind of energy. "
THIS IS A VIRTUAL ADMISSION THAT OBAMA BELIEVES IN CENTRAL PLANNING - A CENTRAL TENET OF SOCIALISM.
OBAMA IS ARGUING THAT LEGISLATION WILL MAKE A MARKET AND THAT THE MARKET WILL BE PROSPEROUS.
THIS IS HOGWASH.
- IT HAS NEVER EVER WORKED ANYWHERE AT ANYTIME, AND CERTAINLY NOT AS WELL AS THE FREE-MARKET ANYWHERE AT ANYTIME.
- AN ARTIFICIAL MARKET, (CAPPING & TRADING CO2) ...
- BASED ON AN ARTIFICIAL DEMAND, (WITHOUT THE LAW THERE WOULD BE NO CARBON MARKET) ...
- FOR PRODUCTS AND SERVICES WHICH HAVE NO EFFECT ON AN IMAGINARY PROBLEM, (AGW) ...
- CANNOT POSSIBLY CREATE REAL PROSPERITY ANY MORE THAN IT CAN CHANGE GLOBAL CLIMATE.
DISSENT ACCORDINGLY.
*******UPDATE: FROM ACE:
WARREN BUFFETT CALLS CAP & TRADE "A HUGE REGRESSIVE TAX".
HERE'S BUFFETT SAYING IT A FEW MONTHS AGO:
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