"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Sunday, June 28, 2009

OBAMA ADMITS THAT CAP & TRADE IS OL' FASHIONED SOCIALISM


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.
"

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.
IT'S MASS HYSTERIA.

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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