Friday, April 24, 2009

Cap and Trade, Trade and Vote, Americans Still Pay the Price

Trading favors for votes? Say it ain't so. Oh, wait, I forget. This is business as usual in Washington.

Another interesting story on cap and trade and the behind the scenes scramble to protect some states and not others has been published. It doesn't seem fair that some states would have to shoulder more of the national energy tax than others. Actually, the cap and trade really doesn't make any sense at all for future economic growth. In fact, the proposed new energy tax that Americans won't be able to deduct will dearly cost us all.

To get votes, Waxman offers cap-and-trade breaks

n exchange for votes to pass a controversial global warming package, Democratic leaders are offering some lawmakers generous emission “allowances” to protect their districts from the economic pain of pollution restrictions......

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