Skip over at Granite Grok does a pretty good job deconstructing the Waxman/Markey plan for the so-called cap-and-trade of carbon emissions.
As Skip puts it “Congressmen Henry Waxman (D-CA) & Ed Markey (D-MA), under the guise of saving the planet, are about to unleash the most sweeping curtailing of our liberties and thinning out of our wallets by taxes ever seen in the history of the US.”
Henry Waxman, the most feared man in Congress, has decided we should fear him too. So he and his Massachusetts cohort, Ed Markey, have decided it would be a great idea to cripple the US economy , heavily burden the American taxpayer with higher energy costs, more taxes, and greater government control of our lives.
Somehow this does not surprise me. Waxman has already shown on more than one occasion that he has little if any respect for the American public. All he wants is power over them and this is one way he can do it without the need to run for President. Despite protestations to the contrary, Mr. Waxman does not have our best interests at heart. He wants to tie our hands because of the badly thought out and ever more discredited theory of Anthropogenic Global Warming. He doesn't appear to care if it's true or not. All he knows is that it gives him more control over every aspect of American lives. He wants us to live the way he decides we should (not that I expect him to do likewise). It will be yet another example of a watermelon environmentalist telling us “Do as I say, not as I do,” just like AlGore.