The Absurd Report

Evidently when 31,000 scientists offer a preponderance of evidence that Global Warming is a hoax it is not enough to convince a bunch of know-it-all elitist sobs aka U.S. Senators.

And when The Lord said, “Let there be Light”, Either Senator Boxer wasn’t listening or she had her head up her anal cavity where the light doesn’t shine because she had this to say,…

From the Business and Media Institute on Senator Barbara Boxer’s claim that a recession is the best time to install a bloated, bureaucratic, crippling-cost cap-and-trade emissions plan:

Boxer painted a doom-and-gloom scenario in her remarks from the floor. She warned that if action isn’t immediately taken by the Senate, we would see “desperate refugees throughout the world,” “droughts and floods worse than the ones we have seen,” and when refugees move to escape these calamities, we will see “wars develop in all parts of the world.”

Now Moses warned Egypt that there would be droughts and floods but the Heritage Foundation analysis of the ‘Cap and Trade’ provision in the Lieberman-Warner Bill…

Will Rock You Like 660 Hurricanes

If you think Katrina was an expensive proposition, consider that according to Heritage, the economic damage of the bill would equal the cost of “660 hurricanes — 35 per year — for two decades.” Don’t expect that statement to make it on the evening news.

The Congressional Budget Office (CBO) says Lieberman-Warner would effectively raise taxes on Americans by more than $1 TRiILLION over the next 10 years.

And then Moses warned that there would be pestilence – and that is what we will all be eating after Washington sucks every nickel and dime out of us.

The Bottom Line – A reasonable person would wonder why all this craziness is being proposed but then you use the word reasonable in context of discussing Washington you have OXY-Moron.

Better yet we should look at who will benefit the most from this proposal…

“Green Jobs” will be a union payoff boondoggle that will further increase the cost of going green.

The Competitive Enterprise Institute’s Iain Murray retorts thusly:

“…presumably this report will detail exactly where those jobs will come from and how many in each state. It could even, if it’s going to be intellectually honest, detail the net cost of the environmental-industrial complex, once all the old ‘polluting’ industries are shut down. Well, all the report does is identify what jobs will be needed to build the green economy (South Park’s ‘build a better tomorrow’ song may spring to mind), quantify how many people are currently occupied in each of those professions, and then say, ‘obviously, we’ll need more of them.’ That’s it.”

SideBear: This is Liberalism in its crassest form, creating a problem where there is no problem and coming up with a solution to advance an agenda.

H/T: The Chilling Effect

SideBear: Although this bill has been shelved for the moment DO NOT think that this is the end of it.

Washington has a mind of its own and they know what is good for Washington, so watch for gimmicks and backroom closet deals because this legislation is a boondoggle for the political class.

Related

A Record Tax Hike

Fiscal Policy: The Senate’s new $3 trillion budget for 2009 is big, but it fails to do something vital to the U.S. economy: extend President Bush’s tax cuts. If this isn’t fixed, we’ll soon face the largest tax hike in our history.

The Senate’s action on Wednesday to approve the spending plan came on a 48-45 vote over Republican objections. The House is also expected to pass the measure this week.

Democrats sounded almost giddy. The budget “will strengthen the economy and create jobs,” said Senate Budget Committee Chairman Kent Conrad, a North Dakota Democrat. “It will provide tax cuts for the middle class, and it will restore fiscal responsibility by balancing the books by 2012 and maintaining balance in 2013.”

Fine-sounding sentiments all. But parse those words for a moment. Virtually everything Conrad says is false, and in no small way.

If Bush’s tax cuts expire in 2010, the middle class will in fact be hit with a massive tax increase. This in turn will weaken the economy and kill job growth. As for the deficit, slower growth also means lower revenues — and a bigger deficit.

Make no mistake: This tax hike is gargantuan. Simply by not making Bush’s cuts permanent, taxes will rise by a minimum of $2.8 trillion between now and 2018.

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