Climate Bill Hanging By Thread in House

Even the CBO shows it will raise electric rates which amount to a tax so for the Democrats to claim they are not for raising taxes is a bunch of bull.

What the hell are the Dems thinking? Biggest tax increase in history during one of the worst recessions. They all need to be voted out.

Hey middle class..what ya thinking now? LMAO

This is why they presented all the hub-bub
about health insurance this week to pass this bill while everyone was concentrating on the stupid health bill. the old bate and switch. what a flim-flam.

what are the dems thinking? merely about their left of the left constituents. eco nuts who want 4.50 a gallon.bailing out unions while you and me suffer, pushing govt health care on everyone EXCEPT UNIONS AND CONGRESS. BY THE WAY WARREN BUFFET SAID YESTERDAY THAT THERE NO ECONOMIC BUMP DUE TO THE STIMULAS. im sure the obamabots will be out here ranting about how if you dont support cap and trade your a racist and this is all bushes fault.

If ABC gets it way we will have climate change taxes and socialized medicine and compulsory union dues IF we can get a job. If we aren't registered as Democrats, it is likely we wont be able to get a job or health care!

The totalitarian regime is taking root aided by the major networks. Can I have a free infommercial in prime time too?? What I am saying is no less radical than what they are close to pushing through.

Global Warming is a FRAUD! Do the research! Even Al Gore's guru on the subject says he was wrong!

THink for yourselves people. You are being lied to to get your tax money and give people power over you.

Other than the Heritage Foundation hysterics, estimates for the per household cost range from $100 a year to $180 a year. The cap of 2.5 cents a kWh violation cost for electricity both takes away fear of an energy crisis type bubble and also irritates the irrational environmentalists who think another massive energy bubble would be good.

After the spike in energy prices and the resulting economic damage under the Bush administration, I have a lot of trouble accepting the argument that the free market should be just left alone. The time to get people moving towards using less is 10 years before the next crisis.

jhw539...if i remember correctly you work for, not own, an engineering firm the owners of that firm rely on the free market to bid on work that keeps you employed at the highest wage possible, the free market brought us 4.50 a gallon because we refuse to dril our own oil. it was the same free market that brought us 2.00 a gallon. obamas energy plans arent cost justified if gas is cheaper than 4.50 a gallon. i know how the watch is made unlike most folks and i would rather deal with free markets than a government or working for a government. would you rather be paid at a govt sanctioned pay grade or would you rather be compensated for what you really are worth given your hard work and education.

catman:" would you rather be paid at a govt sanctioned pay grade or would you rather be compensated for what you really are worth given your hard work and education."

? What does this have to do with encouraging an efficient infrastructure BEFORE the next time our buddies in the Middle East turn off the taps or China outbids us and sends our economy into convulsions?

Energy carries a large external cost that is not accounted for in the prices paid. For the market to work, energy prices should reflect their true cost. Do you think we'd be spending trillions trying to stabilize the Middle East if we weren't slaves to their energy sources? Why is that money paid for out of income taxes, rather than allowing the true price signal to be transmit to the market for market optimization?

jhw539...another point..most of te increases in gas prices are directly tied to the decline in the dollar. opec etc contracts are denominated in dollars. when the dollar tanks the saudis and the chavezs have to charge more as their purchasing power in dollars declines. as much as i didn t care for busn, i cant lay in the increase in energy costs at his feet. its the strenghth or the weakness of the dollar. these deficits have the effect of weakening the dollar which will lead to increased oil costs which affect all forms of energy production and manufacturing etc.

jhw539: Ditto 'catman'. As well, you may find the WSJ opinion on A14 today interesting. Britain's Taxpayer Alliance has crunched those numbers for the carbon-cutting emissions program in effect there for the past few years, let's not bank on our stats from Heritage Foundation only.

jonec1200:" As well, you may find the WSJ opinion on A14 today interesting."

Would that be the OPINION right under Karl Rove's most recent screed?

Thanks, I'll just remain stuck looking at facts and reality.

What are these people thinking about?? High cost of gas? In Europe it's over $8 a gallon and they seem to live quite well. And what good will it be to have low gas prices and no tax on carbon emissions if our children won't have a planet to live on? People see what's happening with the climate but, Brother, you ain't seen nothing yet! Get ready to roast !!

539, how do you feel about domestic oil drilling?

mother earth... have you been to amsterdam lately? europes economy is much worse than ours. i am not naive enough to think that humans can change the envormental mess we have as long as there are 5 billion peole on the planet. china and india are the biggest culprits in true global warming. in fact more damage is done to the atmosphere by methane gas coming from cows than even remotely generated by automobiles. CARBON emmissions from coal fired plants in china and india can be traced to glaciers in north america. we will probably nuke each other before climate change does us in. i would trade a few dead seaguls for keeping people employed in the US.

hkdakota:"539, how do you feel about domestic oil drilling?"

My cynical side tends to come out on that issue. Overstating it a bit for fun, we should do it after everyone else is sucked dry. It would be foolish to squander what hydrocarbon resources we have left at this point when it is still incredibly undervalued and squandered carelessly. In thirty years, our oil deposits will be worth 10 times what they are now and could fuel another century of American dominance. Right now, they'd just get blown out the tailpipe of a soccer mom driving a tank out to get a latte at Starbucks.

Leave them in the ground. I want something left for my daughter.

"God help us please don't let this pass. People are already struggeling enough"

Right - and we saw with the $5 / gallon gas under Bush how FABULOUS it is to hide the true costs and volatility of energy prices from the market. A 2.5 cent/kWh tax phased in over the next 8 years that encourages efficient use of energy (from home insulation to appropriate cars) is going to hurt those people so much more than a 20 cent a kWh price spike that hits over the course of a few months.

How's that Obama thing working out now?

Tax, tax, tax. Spin, spin, spin. Got to love the New America that the Obamabot fools voted for.

Are you proud of America yet, Michelle?

Consumers should see their utility bills drop by 7% in almost ten years. This helps build and expand nuclear power plants. Many in business are fully supporting this.

Higher energy taxes, less domestic production, lower standard of living while China and India get to whoop-it-up. Great plan Dems!