“If ye love wealth better than liberty, the tranquility of servitude than the animated contest of freedom, go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that you were our countrymen!” – Samuel Adams

Cap and Trade More About Spreading the Wealth

Karl Marx, Moscow, Russia (Source: Vladimir OKC)

Karl Marx, Moscow, Russia (Source: Vladimir OKC)

The Foundry, the Heritage Foundation’s blog, has a stunning item on this global warming “cap and trade” malarkey being pushed on the American people.

You might recall that a couple of weeks ago, President Barack Obama announced his intent to see a “cap and trade” system imposed on the United States.  Ostensibly this would be to reduce carbon emissions so we can fight the imaginary problem of man-made global warming.

It would also result in a massive tax increase on the American public as industry–including and primarily electricity producers–face gargantuan increases in operating costs…which will of course be passed along to the consumer (read: you and me).

While the case for anthropogenic global warming is pathetically weak in the first place, what could possibly justify such a radical assault on the average American consumer?

How about some good ole’ Marxist wealth redistribution?  You know, the kind Obama likes, which helps him spread your wealth around a little better.

As The Foundry points to Kimberley Strassel’s Wall Street Journal piece:

“People are learning,” says William Kovacs, vice president of environment, technology and regulatory affairs at the U.S. Chamber of Commerce (which has been cautious about embracing a climate plan). “The Obama budget did more to help us consolidate and coalesce the business community than anything we could have done. It’s opened eyes to the fact that this is about a social welfare transfer system, not about climate.”

While President Obama’s budget plans to raise $650 billion through this tax, only $150 billion is slated to be used for alternate energy production.

If saving the planet from the menace of coal power plants, etc., shouldn’t 100% of this revenue be going toward something that might theoretically solve that problem? But it isn’t.

What’s more, that $650 billion is a low-ball estimate of  the loot his rape-and-pillage tax will bring in.  Where will the rest–over the paltry $150 billion for alternate energy–go?

Well, take a look at Obama’s agenda: massive socialist programs.  Wealth redistribution.  Marxism on a scale never seen in this great nation.

I’ve been saying for years that this whole farce of AGW isn’t about climate. There’s too much evidence that any warming is a natural phenomenon and too little that humans have anything to do with it (if it’s also warming on Mars and Jupiter where there are no humans, go figure).

No, it’s about socialist meddlers who have total contempt for the private property rights of American citizens and want to disburse that property–both domestically and abroad–in ways that they in their elitist wisdom see fit.

Go to The Foundry to read more about this multi-trillion dollar (yes, I said “multi-trillion“) transfer of wealth.


Try us out at the new location: American Clarion!


7 Responses to “Cap and Trade More About Spreading the Wealth”

  1. Please. The Foundry's Conn Carroll has no energy expertise. And you put yourself out of any hope of discussing this issue rationally if you maintain a position that is totally out of the mainstream of accepted science.

    http://www.sciam.com/article.cfm?id=cap-and-tra

    A far better and evenhanded source describing Obama's cap and trade is the above article in Scientific American. Once the greenhouse gas emissions from emitting sources are capped and traded on the market (desocialized, if you will), the administration expects the utilities to pass along costs of the privatized market in greenhouse gases to customers. The tax provisions help cushion the financial cost of de-socializing the costs of greenhouse gas production. You would think someone who claims to support the capitalist ideal would understand that.

  2. You would think that someone with even a lick of common sense and the courage to not mindlessly follow the herd would be able to grasp that the theory of anthropogenic global warming is a load of hot air. Maybe you missed the citations of evidence that the planet has been warming and cooling for thousands of years (long before SUVs and power plants), and that warming is occurring on other planets where there aren't even evil capitalists to blame.

    But hey; facts are always optional on the Left, anyway.

  3. I'm not too clear on what evidence there is in your argument. That there are well documented natural cycles and reasons for warming and cooling other than anthropogenic sources has really no bearing on the demonstrated facts involving anthropogenic-driven climate change. Scientists who are looking at all the data and are developing models of global climate are concluding that there is some anthropogenic-driven change occurring. I tend to get my information from science journals, so, pardon me if I skip the politically motivated sites like the Heritage Foundation.

  4. How do you know these “other than anthropogenic sources” are really other than? Wishful thinking?

    And those models you mentioned. You mean the ones that are unable to accurately predict anything–even what the weather will be like next week?

    So you'd just rather stick with the politically motivated sites that loathe capitalism and love government research grants, eh?

    I guess it's just more comfortable following the herd. Less reason required, and you have such comfort in allowing someone else to do all the thinking for you.

  5. “Cap and trade” is just the latest scheme of socialists to take control of property rights and extract even more from the productive members of society and give to the parasites in government, in universities and in education. More than that, environmentalism in general, with global warming a major tenet, is a religion that requires faith and commitment no less than any other. Many of the high priests are the writers and editors for the vaulted “scientific journals” that have been mentioned or alluded to. 'Objective' science carries the same weight as 'objective' journalism; intuition and common sense are likely to bring one closer to the truth.

  6. Cap and Trade is Algores scheme to become richer (along with his investors, such as Mr. Pay, no doubt) on the backs of the rest of us. It will lead to huge burdens on the economy by needlessly increasing energy costs to the point of serious economic disruption. (Kyoto without signing the accord.) It is unfortunate that Moderate Republican John McCain embraces this suicidal silliness. This, combined with the limitless spending by the Democrat congress, may put us over the top and usher in the Obama Depression.
    As a paleontologist I find Mr. Pays dismissal of natural climate cycles laughable since during most of the existence of life on Earth, by any measure, it has been much warmer than it is today.

  7. Cap and Trade is Algores scheme to become richer (along with his investors, such as Mr. Pay, no doubt) on the backs of the rest of us. It will lead to huge burdens on the economy by needlessly increasing energy costs to the point of serious economic disruption. (Kyoto without signing the accord.) It is unfortunate that Moderate Republican John McCain embraces this suicidal silliness. This, combined with the limitless spending by the Democrat congress, may put us over the top and usher in the Obama Depression.
    As a paleontologist I find Mr. Pays dismissal of natural climate cycles laughable since during most of the existence of life on Earth, by any measure, it has been much warmer than it is today.