Comment

Cap-and-Trade Passes House

175
eon6/26/2009 5:04:22 pm PDT

re: #38 cronus

Passage of waxman-like legislation in the Senate virtually guarantees a further reduction in production from coal and will result in a commodity price spike (ala what we’ve seen in oil) when we finally see a turn in the economy.

The Democrats will choke off any recovery with sharply higher energy costs. They now own the $4/$5 gallon gas and higher electric rates that we’ll see in the next year or so.

Don’t forget, they want $8/gallon gas. That’s how they intend to force us onto public transportation, so they can watch where we go, and make sure we’re perusing the Utne Reader as opposed to The Weekly Standard.

To get some idea if what kind of world they want to make us live in, you might want to read Fallen Angels by Jerry Pournelle, Larry Niven, & Michael Flynn.

cheers

eon