Today is the saddest day in the history of the United States. Again Barack Obama has driven yet another nail in the coffin containing manufacturing in the United States. Cap and Tax will artificially and dramatically drive up the cost of energy in the United States. This is yet another artificial manipulation of the free market as we know it. I have been writing about Bill Clinton’s 1997 expansion of Jimmy Carter’s 1977 Community Reinvestment Act. When Bill Clinton mandated this, it artificially infused millions of unqualified home owners into the home buying market. You can see today what that did to our economy.
Barack Obama’s Cap and Tax will artificially affect the supply and demand of energy, energy prices, taxes and the newly created “Energy Credits.”
Let’s face it. There are some manufacturing processes that require a lot of electricity, less than green chemical ingredients, and will use more “Energy Credits” than allocated to that company. The amount of “Energy Credits” that some politician that does not have a degree in chemistry or an MBA will determine that company will have.
So what happens here?’
Well the very first thing that comes to mind is this video of Barack Obama.
OK so now that this CAP and TAX has passed the house but not the senate. How will this affect the coal industry and the coal mines? Well I wrote about this topic on November 3, 2008.
Again I did not see good things about Barack Obama then and I have no faith in his credibility today
I finally found the “CAP and TAX” bill on line HR 2454
This bill is so convoluted and complicated it is almost incomprehensible by the average home or business owner.
Also reading this it will require a huge amount of federal employees to enforce the American Clean Energy and Security Act of 2009 H.R. 2454. Just a huge waste of tax payer dollars that will benefit the politicians way more than either the environment or the owners of businesses, residential houses, or factories.
OK so let’s all read this and see if you can make an “INTELLIGENT” decision on passing this tax assuming you know all the fact, figures, demographics of impact, caluculations of real results in say two years.
Please search for American Clean Energy and Security Act of 2009 H.R. 2454.EH in the Library of Congress Thomas
SEC. 204. BUILDING ENERGY PERFORMANCE LABELING PROGRAM. (Sec 204 (C) (3) (B) Residential Databases
- (B) RESIDENTIAL DATABASES- The Administrator, in consultation with the Energy Information Administration and the Secretary of Energy, shall support improvements to the Residential Energy Consumption Survey (RECS) as authorized by section 205(k) of the Department of Energy Organization Act (42 U.S.C. 7135(k)), or such other residential energy performance databases as the Administrator considers appropriate, to aid the development of achieved performance measurement protocols for residential building energy use for at least 90 percent of the residential market within 5 years after the date of enactment of this Act.
So what is this? Well it is an invasion of privacy. In a nut shell you will have to have your home inspected, probed, prodded and exposed to see if it meets Resnet specifications within 5 years of this act being passed.
There are three things I cannot determine here.
1. Is there is going to be a fine or legal proceedings if you do not get your house inspected?
2. Will you have to have your house inspected and brought up to RESNET certification before it is sold?
3. Will there be an “Energy Tax, Fine, or Penalty” imposed until the house in question is upgraded to meet either additional federal standards that have not been written yet or to RESNET specifications?
It is obvious by these AOL polls that the majority of people do not want this bill to pass.
6/28/09 by state.
It’s not getting any more popular.
It seems that H. R. 2454 is not gaining any popularity anytime soon.
It still is not getting better as of 7:30 AM 6/29/09
Still Not becoming more popular as of 6:41 PM PDT
H.R. 2454 has not become more popular as of 7:00 AM 7/1/09
Obama’s Bill H.R. 2454 is still not getting popular as of 7/1/09 3:30 PM PDT
Nope not yet. Still not popular at 8:30 AM PDT 7/2/09
Ok so it gain a a point as of 7/3/09 9:00 AM PDT. But it is still very unpopular by all means.
H. R. 2454 still is not getting any more popular as of 7/4/09 2:00 PM
Nope Still not any better as of 7-12-09
New AOL Poll 7-10-09 Cap and Tax is still not liked by the public.
Update to the AOL 7/10/09 Poll
Here is an update to an AOL Poll from 6/26/09 It still looks like people do not want a Cap and Tax Law. It appears that the Democratic party is not carrying out the will of the people. Rather the Democrats are executing their own agenda regardless of what the people want that voted for them in the first place.
It becomes very obvious that even with this small sample that the public has no desire to have this really bad legislation forced down their throats. In future days I will update this with new results of more votersof this poll until it drops off.
When the public talked about George Bush Jr being out of touch with the public, his lack of connection is paled by the disconnect between the people of this country and the socialist government that is running the country now. It would appear that the only people that want the “CAP AND TAX” legislation passed are Al Gore, Barack Obama, Nancy Pelosie, Barney Franks, Harry Reid, Rep. Henry A. Waxman, Rep. Edward J. Markey et al. So this boils down to “CAP AND TAX” legislation that is a personal mission by the formentioned people and is not “What the people of the United States want”
To me when a government decides what is best for the citizens of the United Sates is a not a government, it is a
Dictatorship of the Proletariat.
So lets look at all the things that this will affect. Basically any industry that uses electricity, coal or fossil fuel such as gasoline, diesel, or natural gas. Hmm it seems that every company and citizen will be affected by this “CAP AND TAX” legislation. It would appear that H. R. 2454 will create financial chaos in this country.
One of the things that it will create are “Energy Credits.” The question is who will control, disperse and manage the “Evergy Credits”?
1. Will it be Wall Street? Will “Energy Credits” be a commodity that is bought and sold on the commodities market?
This could be problematic as we have seen with Crude Oil and the buying and selling of Crude Oil futures by speculative investors based on Supply and Demand. This could have a significant impact on the cost of running a business and the everyday lives of US citizens.
2, Will it be a huge socialist government bureaucracy that will practice “Pay to Play” tactics to control “Energy Credits” by legal taxes and illegal political contributions. We all know how this game is played. The more money you put in the socialist government coffers, the more “Extra” “Energy Credits” you are allowed for your business or special interest group like for example the UAW for American and American automobile manufacturers only.
The truth is that no one on the face of the earth can guess how much more this is going to cost the tax payer, business owner or anyone else in this country.
Yesterday I took a little drive and I ended up in Santa Paula, CA I parked my car, and began to look around at the demographics of what I saw on the street. This town is predominately Hispanic that votes for the socialist democrats based on the promise of Amnesty and the growth of the Farm Workers Union. In general these people are of low income and are having a tough time paying daily bills. If “CAP and TAX” passes these are the people that will be affected the most with increased costs on electricity, food and gasoline for their cars to get to and from work. This may be exacerbated by job loss when companies shutter their doors as cost of doing business forces the owners to either shut down and move their businesses off shore. In the case of the farmers, instead of growing food they may turn to importing food instead.
As for the petroleum industry, they hands are tied as they are now and will not be allowed to drill for more crude oil as this will, in the eyes of the democrats, “Contribute to Global Warming.” So this industry may run into problems as they will not be able to afford to pay for “Energy Credits” and pass the costs down to the consumer.
Remember petroleum is not just about heating oil (yet another discussion on the effects of H. R. 2454 on the economy), gasoline, diesel fuel (trucking and rail industry), and Jet A fuel (Airlines) it is about plastics (Did you think about that?) also. These are all things that will be sharply affected by H. R. 2454. Do you now see how damaging this “CAP and TAX” bill will be?
Santa Paula, California has two basic industries: Farming agriculture and petroleum.
So I sat and thought of the impact of H.R. 2454.
Farming uses a lot of fossil fuel for trucks, tractors and farming equipment in general. My next thought was that solar, electric or wind power can not be used for the aforementioned vehicles. Battery powered electric trucks, tractors, cultivators, generators and irrigation pumps. How can you possibly make this green? OK maybe Natural Compressed Gas (NCG) but it is way more dangerous and difficult to transport as it always has to me in high pressure tanks.
Farming also uses a lot of electricity in packing and processing. Lot’s of refrigeration for freshness and freezing foods.
So what happens to food prices if these farming and food processing companies exceed their “Energy Caps”?
These companies will have to buy addition energy credits if the processing plants do not become solar or wind powered.
Solution? Nuclear powered food packing plants. Hmm. Now that sounds safe.
Now let’s look at petroleum.
The argument for “CAP and TAX” is to create new jobs and eliminate out dependance on foreign oil.
So if petroleum is a bad thing because of carbon pollution and the utopian goal is to eliminate it all together then what happens to the petroleum industry in Santa Paula. CA? How many jobs will be lost because the Dictatorship of the Proletariat deemed that the petroleum industry was bad for the earth?
So once the windmills are built and the solar panel farms are built. Just how many jobs will there be to maintain and support these two energy sources? I bet this country losses more “Non-Green Jobs” compared to the “Green Jobs that will replace the “Non-Green” jobs.
So what does that mean for just this one town of Santa Paula, CA?
One would guess there will be a lot less petroleum jobs in the Santa Paula area this further destroying the economy in this area.
What about farming and agriculture? It may be to expensive for these farms to stay open because of the cost of energy and subsequent taxes that are imposed. This of course will lead to further job loss in the United States.
Where will we get our farm food? It is looking like now the US may loose out dependency on foreign out but it may dramatically increase for foreign food.
I saw a clip from C-Span that I cannot find yet. When I do I will post it.
The clip was Nancy Pelosie just bantering while selling the “CAP and TAX” bill in congress. She said something to the effect of “Basically this bill is about Jobs, Jobs, Jobs.”
What she failed to say was Job’s for Americans. She is right. Jobs, Jobs, Jobs for foreign countries as businesses leave this country if this H.R 2454 AKA the “CAP AND TAX” bill passes the Senate.
Please call, email or write to your senator and tell him or her not to pass this socially destructive H. R. 2454