Tuesday, July 10, 2007

Good for Congressman Dingell!

He's calling his fellow Dems' bluff and illustrating the political grandstanding over "global warming" and the whole bogus carbon "cap and trade" illusion.

Excerpt:


" 'I sincerely doubt that the American people will be willing to pay what this is really going to cost them,' Mr. Dingell said on C-SPAN last week.

That's why most politicians prefer policy artifice that disguises the cost of raising energy prices. These policy tricks include higher automobile mileage standards and a 'cap and trade' regime for swapping 'credits' for carbon emissions. These schemes shift the direct costs onto businesses, which then pass them along indirectly to unwitting consumers. These policies still amount to taxes on energy use, but they allow politicians and green lobbyists to pretend that you can 'save the world' for the price of a concert ticket."

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