(Mad) Cap and Trade

Well, we are all hearing a lot more about the "cap and trade" policies that are coming at us from the new Congress. But unless you work in a factory, many Americans don't understand (yet) what that spells for them. Cap and trade is a concept built upon the theory that fossil-fuel burning industries emit too much carbon dioxide into the atmosphere. Carbon dioxide supposedly creates the "greenhouse effect" and thus the earth's temperature rises and destroys ice shelfs in the polar regions, droughts all over the world, and floods everywhere. The whole world will soon be destroyed by man-made global warming, and cap and trade is one way to save the planet.

Congress sets a limit (cap) on how much CO2 a factory can emit. So fossil fuels like coal, oil, and natural gas will be rationed to factories. Those industries that emit less than what government allows them will then be able to sell or trade their excess allowances (known as carbon credits) to other companies that emit over their share. Does this make any sense yet? It gets better--the benevolent Federal Government (Congress) will then tax that trade of the carbon credits from one company to another.

This is another way for Congress to raise revenue--to use bad science and a bogus crisis to create a totally unnecessary restriction upon industry at the worst possible time in our history. And then to tax companies on the sale of something that doesn't even exist (the carbon credit)! I mean, can you hold a carbon credit or use it in your home or eat it? It doesn't even exist--except in the madcap minds of the cap and trade people. Do you really think this will help industry in America?

All this from the people who tell us they want to help the little guy, they want to support the middle class, they want to fight for you. Yeah, right. Is there anything we can do to stop this? Fortunately, there is. Call Congress and tell them (politely) what you think. Educate yourself on what the function of the federal, state, and local government is supposed to be (read the Constitution), and then consider running for some public office yourself. Why not you?