Tuesday, September 04, 2012
President Obama Issues Executive Order on Carbon Emissions and Industrial Efficiency.....
Another "Law" of unintended consequences...only this one could break what's left of our economic back.....
Sure, it sounds nice and (like most things in this administration) it promises a great return on investment, but are there any possible downsides to this executive order?
“This is a fiat from on high for these utilities to change the way they process energy — an enormous capital expense and many of them are going to close down,” Levin argued. “And they only have eight years to do it as part of this ‘cap-and-trade,‘ ’green’ energy, ‘climate change’ bull crap.”
“You’re going to see your bills go up, up, and up some more. And you’re going to see brownouts and one day blackouts,” he added.
Sure, it sounds nice and (like most things in this administration) it promises a great return on investment, but are there any possible downsides to this executive order?
“This is a fiat from on high for these utilities to change the way they process energy — an enormous capital expense and many of them are going to close down,” Levin argued. “And they only have eight years to do it as part of this ‘cap-and-trade,‘ ’green’ energy, ‘climate change’ bull crap.”
“You’re going to see your bills go up, up, and up some more. And you’re going to see brownouts and one day blackouts,” he added.
Labels:
budget,
cap trade,
capitalizm,
constitution,
economy,
energy,
fiat,
obama
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