Thursday, June 25, 2009

Investor's Business Daily -- Waxman-Markey: Man-Made Disaster
Fiscal Policy: The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy. Smoot-Hawley will seem like a speed bump.
...
President Obama has called on the U.S. to "lead by example" on global warming. During the campaign, he said: "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times . . . and then just expect that other countries are going to say OK."

Soon we may not be able to. Other countries can just sit back and watch us destroy ourselves. Where will you be when the lights go out?
Investor's Business Daily -- Pelosi And Obama May Lack Support For Cap And Trade
One concern House lawmakers have is that they aren't sure the Senate will take up the issue. In 2007, a cap-and-trade bill by Sens. John Warner, R-Va., and Joe Lieberman, I-Conn., died in a filibuster.

"They are not convinced that the Senate will take a hard vote on this so why should they?" said a pro cap-and-trade business lobbyist.

Rep. Gene Green, D-Texas, who backs the bill despite some qualms, said Speaker Nancy Pelosi needed to have a vote soon to prevent her coalition from unraveling.

"If you let it lay on the shelf for too long, it'll lose support," he said.
FutureGen 'Clean' Coal Plant Loses 2 Financial Backers
CHAMPAIGN, Ill. — Just two weeks after the federal government revived plans to build the FutureGen power plant in eastern Illinois, two of the experimental coal plant's financial backers said Thursday they are withdrawing.
Myron Ebell: TROJAN HEARSE - New York Post
If Waxman-Markey is to be defeated, the American people are going to have to shout loud enough that their representatives can hear them over the corporate CEOs guffawing about the stupendous payoff being paid them by the Democrats in Congress.

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