Wakey wakey America: nightmare day is here. The day when the House of Representatives votes on probably the most pointless, damaging, wrong-headed and suicidally dumb piece of legislation since…
Well I was going to say Prohibition, but even Prohibition had a certain twisted logic to it. (You know: “Daddy, why does your breath smell funny? Why do you keep hitting Mom? Why’s there no money for food again this week?” etc. I’m not saying I’m persuaded by this argument but at least you can concede the Temperance movement had one).
So that must mean then that the Climate Bill – aka Waxman-Markey after the two, rather sinister-looking representatives who wrote it – being pushed through the House today is quite simply the worst piece of US legislation in living memory. And possibly beyond.
Why? Well at the cost of the biggest tax increase in American history, it will achieve precisely zilch.
(Actually, not quite zilch. There are one or two people who are going to be doing very nicely out of it, from the Libtard apparatchiks and Algore fellow travellers who’ve invested in the right carbon-trading companies to all those vested interests in the Mid-West who have been bought off with the inevitable pork barrelling concessions designed to ease the bill’s awkward passage.)
According to an analysis by the Heritage Foundation the Waxman-Markey bill – whose centrepiece is a tax on carbon emissions, often known as “cap and trade” because it sounds innocuous and no one understands what it means – will by 2035 reduce aggregate gross domestic product by $7.4 trillion. (That’s more than 6 times the projected cost of President Obama’s ENTIRE universal healthcare programme).
But the misery doesn’t end there:
“In an average year, 844,000 jobs would be destroyed, with peak years seeing unemployment rise by almost 2 million.”
“Consumers would pay through the nose as electricity rates would necessarily skyrocket, as President Obama once put it, by 90% adjusted for inflation. Inflation-adjusted gasoline prices would rise 74%, residential natural gas prices by 55% and the average family’s annual energy bill by $1,500.”
And how exactly will the world benefit from this swingeing tax on the stuff every one of us breathes out every minute of day?
“According to an analysis by Chip Knappenberger, administrator of the World Climate Report, the reduction of U.S. CO2 emissions to 83% below 2005 levels by 2050 — the goal of the Waxman-Markey bill — would reduce global temperature in 2050 by a mere 0.05 degree Celsius.”
There’s ‘no debate on carbon pollution’ jeopardizing the planet, claims President Obama, who clearly gets all his information from the liberal broadcast media and the dead tree press, both of which for reasons known only to themselves cleave to the Al Gore “Anthropogenic Global Warming” meme like cognitive dissonant rats to a sinking ship.
Out here in the real world, meanwhile, there are fewer and fewer of us who want any more of their money of wasted on this bizarre eco-fascist fantasy. It was an exciting and novel distraction in the good old days when we still felt rich and a bit guilty for being rich and wanted to devise new ways of punishing ourselves for our (perceived) eco sins. But not any more. We haven’t the money to bribe the Third World to reduce its carbon emissions; nor are our economies nearly strong enough to absorb the burden of green taxation and zealous and intrusive green legislation.
What’s more, the science is increasingly with us. Today I shall be praying with all my heart that Waxman-Markey dies the death it so fully deserves. So too will everyone else in the world who values liberty, a healthy global economy and plain common sense.
Enough ManBearPig already! The beast must be slain!