Tuesday, May 19, 2009

Obama Gonna Put a Cap in Your... Wallet

In his crusade to "mobilize the citizenry" to combat the mythical beast of global warming, Barack Hussein Muhammad bin Obama has promised to "cap greenhouse gases" in such a way that "under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket."

Congressman Steve Scalise recently gave an interview to The Amerian Spectator and talked at length about The One's energy policy. While Obama Budget Director Peter Orszac's estimate that, to obtain a mere 15% decrease in carbon emissions would increase the average family's power bill by $1,300 per year is well known, it is less well known that this simultaneous increase in power costs will also be met with an estimated loss of up to 4 million jobs nationwide, according to the National Association of Manufacturers.

I don't know about you, but $1,300 per year is more than my wife and I spend on power bills to begin with. Last year, we spent slightly more than $1,000 on electricity. If we were an "average American family" by Orszac's reckoning, we would have our energy bill increase by well over 100%.

Combined with the rampant overspending of the Obama administration and the impending crisis in Social Security, the United States seemed poised for some much-vaunted Change.

A couple of years from now, if Obama continues to have his way, we will, no doubt, be a second-world nation. I see now that Obama's change is real, but is it what the harebrained masses who voted for him were seeking?

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