Sunday, July 26, 2009

Obama's war on the middle class | Zanesville Times Recorder
The first power grab hitting the middle class is Obama's pride and joy, the cap and trade bill. Obama claims that this bill will create "green jobs." In reality, this bill will kill an estimated 2 million private-sector jobs per year as it clamps down on the manufacturing sector and forces companies to relocate to countries without the draconian caps on emissions. Besides destroying jobs, this bill hurts middle-class Americans directly by raising their utility rates and gas prices.

The 1,400-page cap-and-trade bill also includes provisions demanding that buildings be retrofitted to increase energy efficiency. Middle-class homeowners will be forced to make costly improvements before they can sell their homes. Making homes more expensive and the process of selling your home more arduous could cause foreclosures to skyrocket further.
Obama's radical bills must be stopped - al.com
Obama is a man set on radical ideas and he has radical-thinking people supporting him in the administration. And oh yes, he plans on putting a cap-and-trade tax on your electric company with the cap-and-trade bill.

Guess what. When the electric company gets hit with the cap-and-trade tax, they will pass it on to us, the consumers. It promises to double our utility bills over a five- to seven-year period.
Cap and tax will further damage economy
Why is our president and his party anxious to levy more burdens on our faltering economy when it runs completely contrary to common sense and economic thinking?

Is this another crisis aimed at creating a panicked populace more willing to accept socialism as their only hope?

J.V. Fitzsimmons
U.S. Rep. Geoff Davis | Cincinnati.com | Cincinnati.Com
Cap and trade will fundamentally alter the foundation of America's energy and economy. Estimates on the direct impact of this legislation range from a couple hundred dollars to several thousand a year per family. However, these estimates do not necessarily account for the increased costs of everything we consume, from groceries to health care. States like Kentucky will face the burden most severely because over ninety percent of our energy is produced using coal.

The cap and trade legislation should not have been voted on in the House until members and their constituents had time to understand its full impact.
Cap and trade is bad for Ohio | Cincinnati.com | Cincinnati.Com
Washington wants to hand Ohio a huge new tax bill. The "cap-and-trade" scheme at the core of the energy tax bill recently passed by the U.S. House of Representatives would have an enormous negative impact on the state. An analysis by the Heritage Foundation showed that the House-passed Waxman-Markey bill would cost Ohio's 1st district 74,832 jobs and decrease household incomes by $5,909 by 2030. Rep. Steve Driehaus voted for this bill, but for the sake of their state, Sens. George Voinovich and Sherrod Brown need to vote against it.
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The cap-and-trade scheme is a huge new tax in disguise - a tax on energy that will drive up the price of nearly everything in the country. Take President Obama's own word for it. He told the San Francisco Chronicle last year: "Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket."

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