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  #1 (permalink)  
Old 11-23-2009, 05:56 AM
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Default Do you think this is true?

First, there was the mortgage bailout that rewarded reckless borrowers and high-flying lenders who made bad decisions when the market was booming…

Then taxpayers had to endure the TARP abomination as we were told Wall Street needed the money…

Then there was Obama’s infamous “stimulus” plan; more easy money for irresponsible banks and businesses…

And then the auto-bailout turned a failing General Motors into “Government Motors” overnight.

Think Obama and his liberal allies in Congress have had enough? Think again!

SIGN THE PETITION TO CONGRESS

FreedomWorks has learned that big businesses are negotiating their next deal right now behind closed doors…the “Energy Bailout,” which will benefit a handful of rent-seeking companies such as Duke Energy and Caterpillar Construction through the passage of a massive cap and trade energy rationing scheme that will help their bottom-lines, but stick taxpayers with higher taxes and higher energy prices.

The cap and trade bill has already passed the House of Representatives and companion legislation has been introduced in the Senate as well. Should it pass, cap and trade would hit American families hard, with costs estimated as high as $1,300 per household by the year 2015. In addition, cap and trade would stifle economic growth and weaken American businesses.

Still, some companies like Duke, Caterpillar, and others that belong to the so-called USCAP (U.S. Climate Action Program) coalition are actively working with Obama and others on the Left to pass a bill because they have negotiated sweetheart deals that could mean literally hundreds of billions of dollars to their businesses…never mind how it will increase energy costs, hurt jobs, and weaken our economy as a whole. This is not unlike many of the banks and gold-plated investment houses that worked to game the system and carve out their own deals during the debates over TARP and the stimulus.

At FreedomWorks we support capitalism and entrepreneurship and want to see American businesses and industry succeed, but through the free market and not through high-paid lobbyists negotiating self-interested backroom deals in Congress. Cap and trade amounts to nothing more than just another taxpayer-funded bailout and its time to tell Congress enough is enough!

Sign the Petition and let Congress know this next bailout will not stand!

Sincerely,


Dick Armey
Chairman, FreedomWorks



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Old 11-23-2009, 06:11 AM
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Based on what this is going to cost I don't think all these programs can be financed. This country is going downhill fast and now Europe wants to do away with the dollar as the standard which would basically make it worthless.


From the Desk of:
Steve Elliott, President, Grassfire.org Alliance

Ronnie,

Following closely on the heels of ObamaCare, the Boxer-Kerry
Cap and Trade bill has been inconspicuously moving through
the Senate with a stealth goal to pass the bill before the
Copenhagen Summit this December!

During a heated debate last week Sen. Barbara Boxer,
Chairwoman of the Environment and Public Works committee
refused to release a full economic analysis of the bill,
to which Inhofe bristled, "I can only conclude that they
don't want the pubic to know how much money this thing
is going to cost."

And cost it will…

Senator James Inhofe (R-OK) said of the coming legislation,
"This would be the largest tax increase in the history
of America."

Analysts believe the increased taxes and fees will cost
the average American household upwards of $1,600 to $3,000
or more each and every year!

Making matters worse, scientists suggest Cap and Trade
would have no measureable benefit--except to the federal
government.

Moderators, sorry for the long cut and paste but it was an e-mail and I have no place to store them that I can link to it. If it is to long just delete it.

Ron
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Old 11-27-2009, 12:14 PM
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We're heading towards a one world government...right now the US is experiencing a downward adjustment to meet the upward adjustment of the rest of the world. Its going to hurt folks...
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Old 11-27-2009, 12:58 PM
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Don't write off the dollar quite yet, but it will happen. Can't carry the kind of debt we are contemplating and have a stable currency. China's will probab;y become the 'dollar' of the new millennium.
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