Obama’s speech: There’s a pipe spewing a gazillion gobs of oil into the gulf, so let’s build more windmills
For all his reputation as the nation’s Top Talker, Barack Obama took his sweet time giving a maiden Oval Office address to the country. And waiting another nearly 60 days to speak nationally about the oil spill that’s become the worst environmental disaster in the nation’s history.
Obama, the first modern president to pass his first full year in office without addressing the country from his historic desk, had the setting right. Just back from a day-and-a-half on the gulf coast listening, reassuring, talking tourism, eating seafood. He wore the proper suit, had the requisite flags and family photos in the background.
As Predicted, Again, Obama to Raise Taxes on the Middle Class, Again
In a highly predictable move, President Obama has decided to use to the Gulf Oil spill to further his Holy War in the name of Mother Gaia by surprise, surprise, having all Americans pay taxes for carbon use.
“Mr. Obama does not plan to be specific about whether he wants legislation to put a price on carbon, a senior administration official said, as he called for in a speech earlier this month.”
This added to the expiration of the tax cuts in 2011 (which shifted the burden upward despite the rhetoric of “tax cuts for the wealthy”), capital gains tax increases and as many as 15 new taxes in the Obamacare, the President continues to stupefy voters with his constant campaigning with “no tax increases on anyone making under $250,000″ while doing just that. Mr. Obama and the Democrats of course claim that only BP will be paying for the cleanup of the Gulf. Euphemisms aside (since many new taxes are simply called “fees”), whether Mr. Obama plans to fine and tax BP directly for the spill does not matter since in the end consumers will pay with higher costs. This most certainly will be the case since Mr. Obama intends to punish the entire fossil fuel industry for the disaster on the Gulf.
Tyranny’s New Tool
The vote today in the Senate is being dubbed a victory against Cap and Trade. On the surface the vote was simply one to determine who had the rightful authority, if any, to regulate greenhouse gas emissions. The Obama Administration is borderline obsessed with derailing any traditional Constitutional legislative rules.
The vote today in the Senate was an attempt to prevent the Obama Administration’s end runaround through the EPA to regulate greenhouse gases. Regulation of gases, which are exhaled by the processes of life by the way, is clearly not a mandated power in the Constitution and the Congress has never granted themselves the authority. Despite some misconceptions floating out there, the Clear Air Act gave the government the no power over carbon dioxide. This act was to reduce smog and air pollutants hazardous to human health.
To get around this technicality, for the first time in human history an essential component of all life, carbon dioxide was declared a poisonous gas hazardous to your health by the EPA, bypassing any need for debate or laws passed by a legislative body of elected officials. Bureaucrats made the call once again. Plant food was decreed through authoritarian fiat to be a deadly toxin. Today was a minor victory against the malicious power grabbing central government, but it is far from the end of their attempts to find schemes to tax, control and turn into another derivatives trading pyramid the lifegiving gas of carbon dioxide.
Gore Denies that Ken Lay, Goldman Sachs CEOs Helped Develop C02 Trading ‘Scheme’
Hat tip: Infowars
by Aaron Dykes April 27, 2009
Carbon-swaps would lead to another derivatives bubble and those who created financial crisis would benefit once again, Congressmen warn
After insisting once again that there is a consensus on man-made global warming (while paradoxically comparing those not in consensus with those who deny the moon landing), Al Gore obfuscates, downplays and refuses to discuss the role that CEOs have played in crafting his Cap-and-Trade C02 trading schemes and carbon swapping systems.
Al Gore tries to put a lid in Congressional committee testimony on a little reported but vitally important subject in the global warming, carbon-tax ‘debate’– the new derivatives bubble in the emerging green-energy credit-swap market.
Fmr. Vice President Al Gore denies that Ken Lay and other CEOs developed carbon scheme: “I didn’t know him well enough to call him ‘Kenny-boy’.”
Gore’s body language makes clear he does not want to dwell on the issue, as he spins every point critical of the carbon-schemes’ financial structure in light of the current financial meltdown into another dire warning about the much-heralded global warming meltdown that is said to be coming.
But Rep. Scalise and others try to turn focus on the huge financial burden that will be pinned on American taxpayers and U.S. industry. Scalise claims that President Obama has already scheduled in his budget an estimated $650 billion that would be generated under the carbon taxes proposed in the bill.
The point from Rep. Scalise that is gaveled over by the chairman and stuttered-over by Gore is that many of the Congressmen are ‘concerned about turning over our energy economy over to firms like Enron and some of these Wall Street firms that wrecked out financial economy.’
Fmr. Vice President Al Gore denies that Ken Lay and other CEOs developed carbon scheme: “I didn’t know him well enough to call him ‘Kenny-boy’.”
But the point is a fair one. Gore’s founding partner in his carbon-trading / sustainability investment firm is none other than David Blood, CEO of Goldman Sachs’ asset-management division until 2003.
Gore & Blood founded Generation Investment Management, LLC in 2004– giving Gore an obvious conflict of interest in pushing a carbon tax.
