Cap and Trade Equals Fraud and Tax

H.R. 2454: American Clean Energy and Security Act of 2009 will result in a totalitarian centralization of the American economy in the administrative agencies of the federal government, especially the Environmental Protection Agency (EPA). This 1,300 page horror is a prime example of congressional modus operandi — no one in Congress actually had the opportunity to read the bill which was, incidentally, being amended as it was debated on the floor. As H.R. 2454 shows, this axiom still holds true: the more benign the title of a congressional bill, the more draconian its contents. After all, who could be against clean energy or security? The real goal of H.R. 2454 has nothing to do with either of these; it is a power grab, pure and simple.

While we have all heard much about the tax implications of H.R. 2454 and that every American family could see a $3,000 a year increase in their energy costs, H.R. 2454 does much more than that. H.R. 2454 is a fascistic fait accompli, giving the government expansive powers to regulate, subsidize, and tax more sectors of the economy. The bill authorizes more federal government control over the electrical grid, state and local building codes, lighting and appliances, industry, the financial markets, and, perhaps most ominously of all, the health care system. In addition, it includes wealth redistribution measures and would allow increases in foreign aid.

Continue reading Cap and Trade Equals Fraud and Tax by Glenn Jacobs