Meanwhile, Russia is laughing because they are just now pulling themselves out of the mess that we are so damned determined to enter into.
American capitalism gone with a whimper - Pravda.Ru
Meanwhile, Russia is laughing because they are just now pulling themselves out of the mess that we are so damned determined to enter into.
Fox news is partially responsible for scaring people into not spending their money, by the way.
Hypothetical conversation between Thomas Jefferson and president Obama...
Thomas Jefferson: So, I don't get it... how are you paying for this Cap and Trade thing?
President Obama: Easy. Through future savings.
Jefferson: Say what?
Obama: Well, that and taxes.
Jefferson: ... and taxes...
Obama: Yeah, plus other stuff.
Jefferson: Like what other stuff?
Obama: Well, the Fed's gonna have to print some money to pay for a portion.
Jefferson: They're just going to... print money?
Obama: Yeah.
Jefferson: And the people are cool with that?
Obama: Well, we don't actually ask their permission.
[Jefferson stares blankly at Obama]
Jefferson: Frankly, I'm surprised they're willing to pay taxes each year.
Obama: They don't have a choice in that, either.
Jefferson: What if they don't pay their taxes?
Obama: We lock 'em up. [laughs]
[Jefferson stares blankly at Obama]
Jefferson: They still have firearms, right?
Obama: We'll, we're trying to solve that problem [laughs].
[Jefferson stares blankly at Obama]
Jefferson: You do realize that none of what you've just said is supported by the U.S. Constitution, right?
Obama: Hey, man... what we're doing is for the people and future generations.
Jefferson: Uh-huh. And you know it's unconstitutional, right?
Obama: Listen, I taught constitutional law for a decade. I know the U.S. Constitution like the back of my hand.
[Jefferson stares blankly at Obama. Then rubs his temple.]
Jefferson: I need a smoke to calm my nerves.
Obama: [laughs] Smoke 'em while you can.
Jefferson: [chuckles] ... yeah... Wait. What?
I think this speaks volumes about this crowd. You all are too busy bashing democrats to realize that this is not a democratic or a republican issue. Its a capitalist corporate domination issue.
You all KNOW where the power lies... many of you have stated it in your polarizing comments.
.....
Why must you always be trying to polarize me?
Open your eyes.:stonedsmilie:
The people that buy acai berry get to elect our officials. Until we find a good way to prevent that, this sort of bullshit is going to continue.
This veered off into a side discussion of which (if any) party is to blame, but I'll be the spoiler to the party on the initial points.Here come higher electricity bills, higher gas costs, more regulations on light bulbs, higher natural gas bills, and less manufacturing jobs in the U.S. 20% unemployment here we come.
This is not a democrat agenda and this is not new.
You seriously need to give up democrat and republican, in Washington, they don't see the ideological divide that people in flyover country are so consumed with.
It's all about bipartisan power.
Hello friend,
I very interest how this help India. Can explain more?
Good luck bro
These are the important things to know.
1. Higher energy prices lead to recession.
2. In a recession, higher energy prices will lead to prolonged recession.
3. Because the price increase is in taxes, supply won't rise (suppliers are not seeing the upside of higher taxes, so they have no incentive to increase supply, on the contrary because demand will drop, they might decrease supply, pushing prices up further still.
4. The trade portion, refers to how firms can trade their excess credits to other firms for money. So if Plant A produces less pollution, they can sell a portion of their cap to Plant B. This will create a new derivatives market, almost like a secondary energy currency, that the banks will use as reserves. So basically, the banks will be the ones controlling the energy industry and with a new financial derivative market, at a time when everyone in the world should be terrified of derivatives.
Also, don't blame Obama. This Al Gore stuff has been the legislative agenda in Washington for nearly a decade. Btw, Al Gore has himself set up to make a lot of money off this.
McCain supported this as well. In fact, a bunch of Republicans crossed the aisle to get this passed.
44 Democrats voted against.
Democrat and Republican are false distinctions. There is no left and right. They all vote for the same programs no matter who is in power.
Enjoy your tax on air folks, here it comes. Passed the house 219-212, on to the senate. Here come higher electricity bills, higher gas costs, more regulations on light bulbs, higher natural gas bills, and less manufacturing jobs in the U.S. 20% unemployment here we come. This affects us too guys - no disposable income = nobody buying acai berry.
This veered off into a side discussion of which (if any) party is to blame, but I'll be the spoiler to the party on the initial points.
First, I also think that cap and trade is a flawed concept, mainly for the reasons bprimeelite pointed out. I don't like it. But ...
I grew up in Germany, came to the US as an adult and have been living here for about 5 years. What I noticed almost right away is an awfully thoughtless and wasteful behavior towards energy here, coupled with an incredible sense of entitlement to cheap energy rates.
Examples:
I worked in an office where it wouldn't even cross peoples' mind to turn off their desktop computer incl their monitor in the evening, not even on a Friday. Result: the computer sits there the whole weekend drawing screensavers. And all for what? to save the 2 mins it takes to boot up on Monday morning?
A friend forgot something from the store and we also want to get a DVD from Blockbusters there. When we leave the place, the TV is left on along with the surround sound system and all lights in two rooms and the kitchen.
It takes 8 mins (I timed it once) to walk to the store. He drives. Of course. When I propose walking, I get a look as if I came from Mars.
We buy one item in the store, in a container that has already a handle built in. The check-out clerk automatically wants to put the thing in plastic bags. Not one, but two - because it's so heavy. I say I don't want bags, I can just as well carry the thing with its own handle. The clerk takes the bags he already has in his hands, crumbles them up and thows them in the trash. I say "The idea was to save the bags", all I get is a blank stare.
At home, in the winter, the heavy vertical blinds on my window move around although the window is closed. The heat escaping through the unisolated and not tightly closing windows creates a thermal draft. But since it's a rental apt and tenants pay the energy bill, the landlord has no incentive to insulate the house properly.
Almost all self-service restaurants serve their food on throw-away plates and cups, with plastic utensils and a pile of paper napkins you didn't ask for. Hell, often even when I go to a nice bar where they charge 10 bucsk for a drink, I get it in a friggin plastic cup, as if I was at McDonalds.
Recently, I was in Roberto's Taqueria on Mission Beach in San Diego, apparently a popular spot and known for its huge portions. A couple next to us had the table full of food, probably like 3 dishes between the two of them. Of course they couldn't finish. One of the plates with literally a mountain of shreddded beef, beans, rice and cheese went straight into the trash nearly untouched.
How is that related? It takes energy to raise cattle and other ingredients, process and transport them and cook the food. And, plastic bags, cups and utensils are made from oil, the same oil as your gasoline. Demand influences price.
I could continue this list almost endlessly. Few of those scenes would ever play out that way in Germany. We also pay over $6 a gallon for gasoline and much higher rates for electricity. Did it bankrupt our country? Did it ruin our industry? No. We've been hit by the global recession like everyone else, but we're doing ok. Still number one exporter in the world, even ahead of China. High energy costs did not break our necks. And although no one likes high gas prices, people there don't complain nearly as much as they do here when prices approach the $3 mark.
I think this country has a long way to go to offset higher energy prices with less wasteful behavior and that would ultimately be a good thing.