Friday, February 20, 2009

Beware Of Obama's "Cap and Trade" Energy Plan

We mentioned last December that Obama's Environmental Policy was detrimental to our economy.

I noticed this yesterday while watching the press conference live and my ears perked up a bit when President Obama mentioned "cap and trade" as a possibility.

But at the time, I figured if it was that important, I would have heard more about it. What was I thinking in trusting the MSM to bring me a relevant news story?

Cap and trade bills are nothing short of a government re-engineering of the American economy. With its aggressive targets to reduce emissions from fossil fuel use, it would put the nation on a path of serious economic harm not justified by any benefits.

In the video you will find Baracks' response starting at about the 2:19 mark.

Jammie Wearing Fool sums it up this way:

The environmental and energy team that Obama has are all big advocates of this sort of approach along with all the environmental progressive weenies. It was tried in Europe and it has failed. Of course if there is one thing this new administration has shown us they are not about to let failed policies of the past stop them from adopting or proposing them again. Whether those policies belonged to FDR, Jimmy Carter, or the Europeans.

Read more on the dangers of "cap and trade" at Heritage and Wikipedia.

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