Tag Archives: Outsource

Sarah Palin crushes cap-and-trade in the Washington Post

Sarah Palin’s op-ed in the Washington Post is called “The ‘Cap And Tax’ Dead End”. (H/T Watts Up With That, Gateway Pundit, Stop the ACLU)

Excerpt:

American prosperity has always been driven by the steady supply of abundant, affordable energy. Particularly in Alaska, we understand the inherent link between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge, energy-rich state recognize that the president’s cap-and-trade energy tax would adversely affect every aspect of the U.S. economy.

There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn’t lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America’s economy.

Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs.

In addition to immediately increasing unemployment in the energy sector, even more American jobs will be threatened by the rising cost of doing business under the cap-and-tax plan. For example, the cost of farming will certainly increase, driving down farm incomes while driving up grocery prices. The costs of manufacturing, warehousing and transportation will also increase.

The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics.

…The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will “necessarily skyrocket.” So much for not raising taxes on anyone making less than $250,000 a year.

Even Warren Buffett, an ardent Obama supporter, admitted that under the cap-and-tax scheme, “poor people are going to pay a lot more for electricity.”

Meh. It’s merely excellent. Somewhat superlative.

Not nearly as good as Michele Bachmann could do, and Michele is conservative on vouchers and illegal immigration, unlike Sarah. See, Sarah writes about supply-side economics once in a while, but Michele gives passionate speeches about supply-side economics every day:

And Michele likes Christian apologetics more than Sarah! Sarah probably doesn’t even know who William Lane Craig is! Michele should be President, Sarah can be Secretary of Energy.

Ed Morrissey at Hot Air comments on Sarah’s article:

We need to make all of this clear.  Cap-and-trade rations energy production, which means there will be less of it for a long time.  Alternatives are not ready for the kind of mass production that would allow a complete replacement of energy, and probably won’t be for decades, if ever in some cases (notably wind power, as GreenChoice showed and as T. Boone Pickens finally realized).  That means a lower standard of living that will impact America regressively, with the lowest income earners getting hit the hardest.  The drain on the economy from high energy prices means less jobs and higher retail prices for goods and services, again a regressive consequence of energy rationing.

Obama and his Utopian allies promise that government will help close the gap by offering more services to the unemployed and the poor at the expense of the “rich”.  What will that do?  It will further handicap the economy by keeping capital out of the markets.  Even worse, it will vastly expand the dependent class in America who have to go on the dole to survive.  And many of those ardent liberals will be pretty happy with that outcome, too.

We need to stop this thing. It’s good that Sarah came out against it.

Understanding what cap-and-trade actually does

I thought I would put together a few snippets to help everyone understand what Obama’s cap-and-trade energy tax actually does.

It’s a massive government intervention in the free market

The Heritage Foundation explains the point of cap and trade.

One of the most contentious provisions in the bill is the use of offsets to reduce carbon dioxide emissions, in which “a manufacturing plant in, say, Gary, Ind., that is exceeding its ‘permitted’ expulsion of CO2, could continue to commit this sin against humanity by paying for a Brazilian farmer to plant some trees in the rain forest…. Of course, to guard against some nefarious polluter trying to cheat Uncle Sam and the world by claiming bogus ‘offsets,’ here must be a monitoring mechanism. Enter the ‘Offsets Integrity Advisory Board’ — yet another group of scientific ‘experts’ that would be tasked with compiling a list of qualifying offsets around the globe.”

Cap and trade is a regulatory nightmare that would hand over more power and money to the government with the intention of reducing global temperatures. The problem with that, however, is the Waxman-Markey cap and trade bill will only reduce temperatures by an amount almost too small to measure. The bigger problem is that consumers’ pocketbooks will be hit hard by this bill. The Heritage Foundation’s Center for Data Analysis found that by 2035, gasoline prices would increase 58 percent, natural gas prices would increase 55 percent, home heating oil would increase 56 percent, and worst of all, electricity prices would jump 90 percent. After all, the goal of cap and trade is to drive up energy prices so high that people will use less. Yet in Missouri, state legislators are considering a bill that would charge consumers for saving electricity.

That’s enough to scare the snark out of you, but there’s much more to it than that.

The bill provides opportunities for corruption

Consider this National Review Online post, which counts 50 reasons why cap-and-trade is bad. (H/T Club for Growth)

I cannot excerpt the 50 points. I read through them and each one is more horrible than the last. Any of the 50 would be sufficient to cause an honest man to cry like a baby. (The print version of the article is easier to read – please send it to all your friends, too!)

The Democrats didn’t even read the bill

And remember, none of the Democrats who voted for the energy tax actually read it.

Excerpt:

Recall the passing of Waxman-Markey by the House, which had 300 pages added 18 hours before the floor vote–almost certainly going unread by most members of Congress. Furthermore, the nonplussed responses from administration backers and Democrats in Congress–when pressed to read the legislation they vote on or support–should be infuriating to anyone in favor of transparency and responsibility in government. As CEI Adjunct Fellow Fran Smith noted, some on the left went as far to claim that members of Congress uncomfortable with voting for climate change legislation in the dark were guilty of “treason against the planet.”

Yes, there’s that vaunted leftist morality again. Cutting missile defense is good, but not passing an energy tax is treason.

Is it a good idea to raise taxes on your rich, greedy employer?

It’s a great idea, if you want to lose your job!

John Jay Ray writes about what it takes to start and run a small business over at Stop the ACLU.

Do people even understand where their job comes from? What kind of person is willing to start their own business? Is the government a help or a hindrance to them? Some people have never even thought about who hires them and pays their salary. I think this article will really help people to start thinking about it.

Excerpt:

To All My Valued Employees:

There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn’t pose a threat to your job. What does threaten your job however, is the changing political landscape in this country.

However, let me tell you some little tidbits of fact which might help you decide what is in your best interests. First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a Back Story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You’ve seen my big home at last year’s Christmas party. I’m sure; all these flashy icons of luxury conjure up some idealized thoughts about my life.

However, what you don’t see is the BACK STORY: I started this company 28 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living apartment was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you. My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn’t have time to date.

Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business — hard work, discipline, and sacrifice. Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the Nordstrom’s for the latest hot fashion item, I was trolling through the discount store extracting any clothing item that didn’t look like it was birthed in the 70’s. My friends refinanced their mortgages and lived a life of luxury.

I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had. So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don’t. There is no “off” button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child.

This is a great article to send to anyone you know who voted Democrat. We need to educate Democrat voters about basic economics so that they never vote Democrat again! Somehow, we have gotten to a point in this country where we think that stealing from people who take tons of risks to provide us all with jobs are greedy and evil, and that we can pillage their profits with impunity.

We need to tell the heroic stories of hard-working entrepreneurs, and stop listening to anti-business government bureaucrats, ivory tower academics, Hollywood stars, and union layabouts. We need to realize that people who understand business make this economy run, not a bunch of perpetual adolescents insulated from real life.