Comment

Cap-and-Trade Passes House

526
Bagua6/26/2009 6:00:55 pm PDT

re: #511 jordash1212

That article has more to say about the effect of the bill on global warming than it does on how it will impact America’s addiction to foreign oil. If this bill creates an impetus for green technology that keeps our money inside the US and out of rogue, theological governments and terrorists, I’m all for it.

It will do nothing of the sort, all the oil recoverable will be pumped, sold and used. What this bill does is guarantee that that oil will be sold at a very inflated price enriching the producers.