
07-11-2008, 10:48 PM
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Banned
Guru
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Join Date: Jan 2008
Posts: 3,270
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Quote:
Originally Posted by NoSocialism.com
[IMG]
McCain:
John McCain's Cap & Trade system is like a Millstone around the neck of a drowning man. This is a system that would absolutely devastate the U.S. economy by imposing a 3.2 Trillion dollar taxing aparatus that would reduce GDP by anywhere from 1 to 2.8 Trillion by 2050. What that means is if you divide the median figure by our population, you're looking at over $6000.00 for every man woman and child in this country in lost wages and, or extra fees paid to energy producers. The worst part of this is that the whole Global Warming theory is based upon faulty data that is only now seeing the light of day. Most won't bother to tell you that the current warming cycle actually started back in the 1600's at the end of the "Little Ice Age". There are even those saying that Global Warming has ended. Think gas and electric bills are high now? Just wait for Cap & Trade!
Just ONE other thing that bothers me:[/b]
I wonder what McCain would say if someone told his Wife, that her Beer company had to come up with a non-alcoholic Wine alternative to beer? He would probably say, "It's her company, she's in the business of producing Beer, not Wine. In that same vein, why is he chastising Oil companies for not producing alternatives to hydrocarbons? Also, why is he chastising them for earning a mere 8% return on investments, when Banks are earning 18%, Software 25% and many other industries earning much more? Government taxes actually take up much higher percentages of what we pay for Gas than anything else, and I'm sure Regulations add quite a bit to that figure as well. What bothers me is that again, he shows that he doesn't have a clue as to how this country runs and what makes it great. Comments like these don't show leadership, they show pandering to the left and pandering to those who don't understand the issues.
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I get the impression that he only says he supports cap and trade to survive the arena of politics. And I don't really see him as forcing oil companies to make ethanol. He supports the idea, and if elected he will have the power to get them funds for that type of research, but that's not quiet like the analogy that you described.
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