Showing posts with label Cap and Tax. Show all posts
Showing posts with label Cap and Tax. Show all posts

Tuesday, August 10, 2010

You Do Not Want Cap And Tax

Senate Shelved it BEFORE they went home.

Hey folks,

There are a couple of things to think about. Perhaps all rolled up into one. First, the House passed their version of Cap and Tax. We already discussed what Cap and Tax will do. Over 165 THOUSAND Jobs lost. Higher Energy Prices for all. Reduced supply of what the World needs to run.

We are already seeing the effect of the Obama Regime's ban on Drilling. They are simply LEAVING and going somewhere else. We already talked about the fact that the Liberals feel they have lost the whole SCAM of Man-Made Global Warming, and they FAILED to be effective in using the Deep Horizon Accident to gain YOUR support on Cap and Tax. They sure did try.

But they failed. There is no Oil. No Disaster. No long term damage that they can point to. They have been reduced to outright lying about things. "The Oil is lounging out somewhere under the surface." Uh, "Just because you can't see it, doesn't mean it's not there." Uh, "Microbes, YEAH. That's it. Microbes. You can't see them, but, uh, they are covered in Oil. Yeah, Yeah, that's it. We do not know the long term effects on Micro,,what? You found a Bird. Covered in Oil? GREAT!!! Call the News. Show the BIRD!!!! Only one? SO WHAT?!?!?! SHOW THE BIRD!!!"

So the House passes their version of Cap and Tax, it goes to the Senate. Enter the MMD {State Run Mainstream Media Drones} "The House passed Cap and Ta,, Uh, The Energy Bill, regulating Big Oil and ensuring that this type of 'Disaster' doesn't happen again. It now goes to the Senate and then President Obama, The One, Will sign it into Law. What a Glorious day." But wait, what's this? "They SHELVED WHAT?!?!"

That's right, the Senate shelved the Bill. This of course Ticked Off many opponents of Drilling. But some in the Senate feel that the Bill tried to over reach and address too many different agendas all at once. They feel that they would not get the support they need to pass it. However, perhaps a scaled down version might have a better chance. The Bill has been pushed back until at least September.

So what could possibly be another reason they shelved this? YOU! Remember the birth of the Tea Party? Remember when the Senate went home and tried to do Town Halls, ETC? Remember what happened? Well they were going home again. Just like Obamacare, YOU do NOT want this. According to CFIF {The Center for Individual Freedom} their group alone prompted more than 21,000 letters to Congress urging "opposition to newly-proposed, discriminatory tax hikes on America’s oil and gas producers."
ALEXANDRIA, VA – The Center for Individual Freedom (“CFIF”) today announced that activists from across the country have sent more than 21,000 letters to Congress urging opposition to federal legislation that slaps U.S. oil and gas companies with a massive new tax bill and consumers with increased energy costs.
That's just one group folks. YOU are writing, calling, and letting your voices be heard. AGAIN! One thing that is NOT good for the Looney Left? Educated Voters.

But they are NOT home for Summer Break. Are they? Nope. House Speaker Nancy Pelosi called Members back for a "Special Session" to take up another payoff to Unions and States. The Senate passed their version last week. The Bill provides $10 Billion for the Teacher Union and $16 Billion to help States meet their Medicaid payments. But hey, what's another $26 Billion? But if they are there, doing this, they can't be home holding any Town Halls listening to you about Cap and Tax. Can they? Do not look for to many Town Hall Meetings to take place either way. They KNOW where you stand on Repealing Obamacare. They KNOW where you stand on Cap and Tax. They KNOW where you stand on the out of control Spending. They KNOW they are governing against the Will of the People. They KNOW it. So do not look for too many opportunities to tell them Face to Face. They are Cowards.

So Cap and Tax is Shelved. For now. They can attempt to argue that the Bill goes to far, and they will scale it back. My gut tells me, that the truth is, they are waiting to see what happens in November. If they ARE Voted out, they will have nothing to lose. They will attempt to shove any and everything through. If they are Voted to remain in charge, then they will take that as a MANDATE, to continue with their agendas. But they do not want their Members scared to Vote on it. If they Vote on it now, after some of the Members hear from you, "Vote No, and we will keep you in," they MAY actually Vote it down. So my bet is that they will wait.

Do not stop folks. Keep telling them what you think. Keep it up. They Shelved a Job costing, Energy Cost Rising, Independence losing Bill. Let them know it NEEDS to stay there.
Peter

Tuesday, August 03, 2010

With the BP Mess, Alternatives STILL Not Welcomed

Look at the numbers.

Hey folks,

I know, I know, when someone starts talking about the Stock Market, and numbers, some glaze over. I understand some just do not really care. Or they do not get it, so they "do not care." But the numbers do not lie.

You would think, that with the BP mess, and the MMD, and the Obama Regime still attacking, even though there is no Oil to speak off, no disaster, that Alternative Futures would be beating Oil down. However, just not the case. Although Nuclear looks promising, thanks to China, Oil isn't dropping, and Alternatives aren't rising. Oil just passed $81 dollars a Barrel.

So lets look at this. I'll try to simplify and keep this a bit entertaining. First problem? There are no Wind or Solar Futures. Why? No real demand. There are Uranium Futures. However, the price of Uranium has very little do with production of Nuclear energy or the construction of new Nuclear Facilities, which is what an ETF {Exchange-Traded Fund (ETF), also known as an Exchange-Traded Product (ETP)} really captures.

Lets look at Solar

Pricing pressures and reductions in Governmental Subsidies in Germany, which cut Solar Power Subsidies anywhere from 11 to 16 percent, were behind the the reason the stock dropped 7.42 percent. If it were not for Government Subsidies, there would be NO Solar business at all.

Wind?

AWEA reports that the US installed only 700 megawatts of new generating capacity in the second quarter of 2010. That means new capacity added during the first half of 2010 is DOWN 71 percent where it was last year. Before BP. Before all this insanity coming from the Government. Then if you look ahead? The AWEA estimates that installations will likely be 25-45 percent below 2009 levels. For those that may need a little more help in understanding, that's going BACKWARD. Why do you think the Regime wants Cap and Tax? Their dream of AE is dying. Someone has to pay for it. Even if you do not WANT it.

Nuclear? Well, if you are looking to Invest in AE, I would recommend Nuclear. China has 24 Nuclear Facilities currently under construction. There are plans for even more. The WNA {The World Nuclear Association} predicts that China will reach 200 Nuclear Reactors by 2030. They have 11 right now. However, China has now passed US as the Energy Consumer Champion. But then again, they do not have Environuts to deal with. Well, they do, but they couldn't care less.

But you see the Market is responding to the simple fact, there is NO demand for AE. Their Man-Made Global Warming argument is all but dead. No one is really buying it anymore. Well, enough to matter. Some played hard on the Deep Horizon Accident, Obama did EVERYTHING he could to prolong it, and that didn't work. There is no Oil. Lounging under the surface or anywhere else. So NOW they want to say Screw It, we will TAX them out of business. They still believe, and may even be partially correct, that the Theory "oil prices rise, Alternative Energy becomes more feasible and attractive as an Investment, and more accepted, even if your car can only go 40 miles to the charge, by the masses." is sound. But the problem is, there IS NO AE. None that anyone can point to, that would be VIABLE, affordable, and able to sustain on a mass scale.

Look folks, the price at the pump IS going up. Why? No. Not because of the Deep Horizon Accident, but because of Supply and Demand. China is causing an increase in Demand. Couple that with Obama wanting to shut down ALL Drilling, imposing insane Cap and Tax, and STEAL money away from what drives our, and the World's Economy, to give it to non-existing Alternatives, the Price WILL skyrocket.

It is NOT for our betterment, nor is it going to save the World. It is a Political, Liberal, insane, Power Grab. Another reason to keep you all living on one level, so that the Political Ruling Class, and their friends, can stay on THEIR Level. Which is of course, to Rule over you.

The answer to all this has never been more clear. One, of course VOTE in November, two, ignore that Environuts and those that truly have no connection with Reality, and DRILL HERE, DRILL NOW, and lets increase the Supply of what DOES make the World work, and we will see an end of the Economic decline, lower gas prices, and lower energy costs in total. This means, more jobs, more money in YOUR Pocket. More Money for the States and the Federal Government. And IS the Answer to the Insanity.

Let the Private arena deal with Alternatives. They will. Someone, like T Boone Pickens or the like, WILL figure it out in the long run. They should try on a small scale, increase it a bit if it works, then on a larger scale. If and when they find a TRUE Alternative, the Market will make them Rich, save us money, and will make for a "Cleaner Planet." A Chevy Volt that costs 41 grand, and goes 40 mile to the charge, is NOT the answer. Neither is $5.00 a gallon Gas.
Peter

AWEA Report

Tuesday, June 29, 2010

Democrats struggle to find energy plan

Told you they would be using this accident.

Hey folks,

Back on June 23, 2010, I posted this. Amnesty, Taxes, Cap and Tax, Obama Agenda I said this.

I'm going to talk more on the Ruling in just a few minutes, but follow me on this. According to my friend, who shall we say is in the inside, told me that the Loons on the Left {My words} are going to do everything they can to ram through Cap and Tax. He said that they lost the whole Global Warming argument {Told you so} and that they were using this Deep Horizon Accident to push it {Cap and Tax}. Now this Judge has blocked them. My friend said this.

"Pete, I wouldn't be surprised if Obama and those on the Left, did now use this Ruling. Now they can say 'Look, Obama tried to do the right thing here. He tried to pause and step back. He is concerned about the safety of these Oil Rigs and those that work on them. But this Judge, most likely paid off, blocked the right thing from happening, so now we have no other choice than to impose stiffer regulations and fees to ensure that they are doing the right thing.' Of course, as he said with the Coal Industry, they can Drill, but they will go bankrupt. Know what I mean?" Interesting point. I guess we will have to wait and see. More on the Ruling in just a minute. But right now I want to talk about this.
Then we learned that Obama and crew didn't care what the Judge said. They do not care about Law, unless it is Laws that give them power, control, and of course, all that money. The Laws that THEY write, and then exempt themselves from. But the Rule of Law? This they do not like.

Robert Gibbs, the White House Press Secretary, came on on the day of the Judge's Ruling, that blocked Obama's Drilling Ban, said the Administration “will immediately appeal” the Ruling to a federal appeals court in New Orleans.

But then, Interior Secretary Ken Salazar said that within days he would just simply issue a new order imposing a Moratorium on Drilling that would contain additional information showing why it was necessary. Basically, he said "Screw you Judge. Obama wants this, and what Obama wants, he gets."

Meanwhile however, the Loons ARE doing EXACTLY what I told you they were going to do. According to the The Wall Street Journal - Democrats struggle to find energy plan By LAURA MECKLER

Congressional Democrats are still struggling to come up with a plan for energy legislation in response to the Gulf oil spill and are looking to a bipartisan meeting with President Barack Obama on Tuesday to produce some clarity about trade-offs the White House favors.
That is really all you need to know. There is a WEALTH of information just in this first Paragraph.

A- Like I told you before, and my friend confirmed, they lost the whole Global Warming Bunk argument. No one, other than a few ignorant people out there, really believes that this is real.

B- "Never let a good crisis go to waste." So since they can not use the failing GW argument. {Uh Global Warming, not blaming Bush. Which some are still trying to do by the way.} They will use THIS, the Deep Horizon Accident, to try to push their agenda. After all, who likes seeing Birds covered in Oil?

C- Read that last sentence again. "some clarity about trade-offs the White House favors." So what is the White House going to authorize the Loons to give away to get what they want? Getting ready for one of those back room, in the dark of night, meetings.

For its part, the White House wants to know what Republicans would be willing to support.

Senate aides say they want to bring legislation to the Senate floor next month. The broad goal: To create more incentives for consumers and businesses to cut their consumption of oil, coal and other fossil fuels. But after two meetings this month of the full Democratic caucus, no decisions have been made about what the bill should include or how to corral the needed votes for passage.
Don't you love how the Wall Street Journal is reporting this as no big deal. Business as usual. "how to corral the needed votes for passage." How to buy them off to get their Votes. Favors. Pork. ETC. Which is still illegal by the way. But it's business as usual in Washington, so who cares? Maybe THAT is part of the problem. Don't ya think? Then this Piece also tells you what I've been telling you. They must do this NOW!

Meanwhile, time is running short, as lawmakers look ahead to their August recess and the midterm elections.

Mr. Obama has summoned a bipartisan group of senators to a White House meeting on Tuesday to sort out a way forward.

One Senate aide working on energy issues said White House leadership is "a real missing ingredient here. I don't think we can succeed without them."
"We need Obama {Rahm Emanuel} pressure here. We NEED Chicago Thuggery. We need help here."

Many, but not all, Democrats are hoping for legislation that will put "a price on carbon"—another way of saying raise the cost of burning coal to generate electric power and using gasoline to power automobiles. A White House official said the president still wants a comprehensive energy bill that does that, but he said the White House understands that a measure to cap greenhouse-gas emissions across the economy cannot pass the Senate.
Which will RAISE YOUR ENERGY COSTS. Remember Obama told you so.




I think it was this same conversation with Obama that he said he would Bankrupt the Coal Industry. Back to the WSJ.

The president has declined to put forth an alternative ahead of Tuesday's meeting, where negotiators will sort through what might be possible, the official said.
He wants what he wants, and you better give it to him. But they know it really isn't all that possible.

Democrats agree that an economy-wide carbon cap won't be approved in the Senate. That system, known as "cap and trade," would require companies to buy permits to generate carbon dioxide. Republicans have branded it a "national energy tax," and a group of coal and Midwest state Senate Democrats also oppose it because of the economic impact on their states.

Senate aides and others involved in the discussions say there is interest in a compromise that would cap emissions of carbon dioxide from the electric power sector only—not the transportation and manufacturing sectors. The plan would raise the cost of burning coal to generate electricity, which could boost alternative technologies such as nuclear plants, wind turbines and solar panels.
Completely Bogus Dreams. Nothing is out there. Meanwhile YOU will go bankrupt, just to buy gas, What about some elderly, on fixed incomes, trying to heat their homes in the Winter? If they can not afford it, then? How many deaths do you think we may see? People using their stoves? Indoor use of Heaters? Freezing to death? If they can't pay?

One Democrat close to the White House said the administration would likely favor this approach as the best option that can win sufficient Senate support. White House chief of staff Rahm Emanuel has said it is one of the ideas that will be considered.

But the plan hasn't been publicly embraced by any of the key congressional players in the energy debate, or by the White House. Mr. Obama used a recent Oval Office address to call for action to cut U.S. fossil fuel consumption in response to the Gulf oil spill, but he and his aides still have not told lawmakers exactly what they want in a bill.

"In private, most agree that a power sector cap is the apex of the possible, but it is easier to maintain the all-or-nothing debate that has dominated the last decade than to climb into the middle and forge a passable compromise," said Jason Grumet, president of the Bipartisan Policy Center, a centrist think tank. His group is circulating a plan that would impose a utilities cap, along with other energy provisions.

Some utilities support the idea of a cap for the power sector, partly to forestall what could be more onerous regulations from the Environmental Protection Agency. Utilities that invested in coal alternatives—such as Texas wind energy farms—also could benefit if the bill creates new incentives for using wind-generated power.
So THEY get money, YOU pay more.

But a utilities-only cap wouldn't affect oil consumption, making it difficult to explain how the policy relates to the oil spill that is providing the political momentum for action this year. Some environmental groups have questioned the value of a narrow, power-sector carbon dioxide cap.

Passing a comprehensive energy bill would give the president another significant victory on his domestic agenda. Just this year, Congress has passed major laws affecting health care and student lending, and is on the brink of approving a financial regulatory overhaul.

Republicans say they won't support proposals to raise the cost of burning fossil fuels. Democrats "never miss an opportunity to seize on a crisis to turn to the far left to-do list," Senate Minority Leader Mitch McConnell (R., Ky.) said this week. Some Republican lawmakers have expressed support for proposals to boost the energy efficiency of buildings and cars, and take other steps that don't involve carbon limits or significant new energy levies.
They're not going away on their own folks. They will not stop until Obama get's what he wants. This is why it is up to YOU. Throw these insane Loons, that DO NOT CARE ABOUT YOU, out. We have to make sure that they know, NONE of this insanity is acceptable. The sad thing is, they know this. They are doing it anyway.
Peter

Sources:
The Wall Street Journal - Democrats struggle to find energy plan

Sunday, April 18, 2010

$10.8 Billion Profit, Tax Bill $0

NEW YORK (CNNMoney.com) -- General Electric filed more than 7,000 income tax returns in hundreds of global jurisdictions last year, but when push came to shove, the company owed the U.S. government a whopping bill of $0.

Oh to be GE. Hey folks,

Welcome to the Big Sunday Edition of the OPNTalk Blog. So how did they do this? Well according to CNN Money - GE: 7,000 tax returns, $0 U.S. tax bill By Annalyn Censky, staff reporter April 16, 2010: 11:52 AM ET

GE had plenty of earnings last year -- just not in the United States. For tax purposes, the company's U.S. operations lost $408 million, while its international businesses netted a $10.8 billion profit.

That left GE (GE, Fortune 500) with no U.S. profit left for Uncle Sam to tax. Corporations typically face a 35% federal income tax on their earnings. Thanks to its deductions and adjustments, GE reported an actual U.S. federal income tax rate of negative 10.5%. It got to add a "tax benefit" of $1.1 billion back into its reported earnings.


They are not alone. This is a pretty common practice, and it is completely legal. Yet, YOU sure will pay your taxes.

Coming right up?

All that in just a second. Told you Cap and Tax was next. According to Reuters - US Senate climate bill to be unveiled April 26

* Backers hope for Senate vote in June or July

* Measure could affect states' climate control activities (Adds reaction from American Petroleum Institute)

Oh it will effect States. It will once again, take authority away from states and gives it to the Federal Government. According to this piece..

On Wednesday, a Senate source told Reuters the legislation would prohibit the Environmental Protection Agency from regulating carbon dioxide emissions. It would also end state and regional carbon-trading programs, such as the one several Northeastern states participate in, to be replaced by a national carbon reduction policy. [N14150360]

It will increase Gas prices also. 27 cents a gallon. That's on top of the already HIGH prices for other reasons. It will be a final nail in our Economic Coffin.

Going to fill my cup. Today is one of my favorites, Folgers Gourmet Selections, Chocolate Truffle. You can find it at your local Grocer, or at their Website, www.folgers.com. Go get your morning Joe, and we shall meet right back here in just a minute.

Oh and do not forget, you can follow us on Twitter - peteropntalk, Facebook - Peter Carlock, Tom Sullivan Radio Listener's Club, and as always, the Email is opntalk@gmail.com. Be right back
Peter

Sources:
CNN Money - GE: 7,000 tax returns, $0 U.S. tax bill
Reuters -
US Senate climate bill to be unveiled April 26

Tuesday, September 15, 2009

Cap and Tax, Rockefeller Sells Out Own State

From the Energy Front 091509

Hey folks,

There is SO MUCH I want to talk about today. But it IS Tuesday, so let's go to the Energy Front. This one is a shout out to our friends in West Virginia. Your Senator is selling you out.

That's right folks, Sen. Jay Rockefeller, the same guy that wants to create a new Law giving Obama the power to take over the Internet, says he will not just say no to Cap and Tax on the Coal Industry.

According to the NYT - Rockefeller Finds It's Better to Negotiate on Climate Bill Than Sit on Sidelines By DARREN SAMUELSOHN of ClimateWirePublished: September 14, 2009 The Article is like three or four pages long. Click the link to read the whole thing.

As one of the nation's largest producers of coal, West Virginia has more to lose than many other states when it comes to the debate over comprehensive global warming and energy legislation.

And that is why across the state, the loudest voices now being heard are against taking the kinds of aggressive actions envisioned by President Obama and Democratic congressional leaders.

Yet, Sen. Jay Rockefeller is happy to be at the bargaining table, trying to negotiate the best outcome possible for an industry that has been his home state's lifeblood for more than 150 years.


"I cannot strategically negotiate and fight for West Virginia's future if I just say no outright," he said last week.

Folks, he does not want to find. He is in Obama's Crew. He apparently worships the guy. He has no desire to say no to Obama's agenda. Even though we ALL know what Obama REALLY wants to do.

In Rockefeller's eyes, coal is in trouble thanks to the increasing uncertainty surrounding a future full of climate-tinged regulation, the result of mounting scientific evidence surrounding global warming and the 2007 Supreme Court ruling that paves the way for new federal rules to clamp down on carbon dioxide and other greenhouse gas emissions.

It's all a SCAM. Proven WRONG. So he is right about this. The Coal Industry IS in trouble, because of OBAMA, yet he will not fight him.

"I think doing nothing at all on legislation causes three horrible things to happen, all of which mean the end of the coal industry. And people don't think of that because they hear 'cap and trade' and they say they don't like it," he said.

WE DO NOT LIKE IT BECAUSE WE KNOW THE TRUTH. Remember THIS?






Then he said this. This is nothing but pure and unadulterated BS.

"How many don't understand it is another question," Rockefeller added. "But if you don't do it at all, you just do nothing, and just say no, natural gas probably is firing all present coal power plants within three or four years. Secondly, Wall Street, there being no legislation, therefore no predictability, lends no money to people trying to build power plants. And it just cedes completely to the EPA newly empowered by the Supreme Court under very strict terms to just tear at carbon related things. All of that is talking about the end of coal and that is not where I want to be at all for West Virginia."

CAP AND TAX will KILL it. Doing NOTHING has work for 150 years. There already IS laws in place to regulate pollution. We need not BANKRUPT the Industry, which is what Obama just said is the GOAL of Cap and Tax.

Democratic leaders are relying on voices like Rockefeller's as they try to advance a cap-and-trade bill this fall that can win over 60 votes with compromises across both regional and party lines. The 72 year old holds the chairmanship of the Commerce Committee and the No. 2 spot on the Finance Committee. Going forward, many think he can bring some of the same coal-state bona fides that Rep. Rick Boucher (D-Va.) added this summer as the House wrote its climate bill.

"He has a lot of credentials within the moderate wing of the Senate Democrats," said Timothy Profeta, a former aide to Sen. Joe Lieberman (I-Conn.) who is now head of Duke University's Nicholas Institute for Environmental Policy Solutions. "He can be influential among his peers."


He is no Moderate. He is an Obama Lackey. Plain and simple. He even said that the only way to get people to go along with the BS that IS GW, Cap and Tax included, is to LIE to the people and convince them this is an immediate danger. OK. He did not say those exact words. But that IS what he meant.

At a hearing in late July, Rockefeller said the key to moving climate legislation is bringing a clear message to the public about the serious threat posed by global warming. "Unless the information reaches people who are confronting climate change on the front lines, it's for naught," Rockefeller said at the time. "It is time to take science out of the labs and into our communities."

The senator had little patience for anyone skeptical that climate change is happening and human activities are the main driver. "Climate change is happening," Rockefeller said. "Scientists agree. The people that say it's not happening -- well, have a nice day"

I will have a nice day Senator. I will have a nice day today, tomorrow, and in the future. Scientists do NOT agree, and there is NOT REAL Science to back up Global Warming. We are not even warming. There is NO CONSENSUS Whatsoever. It is all a SCAM. And YOU Senator, are selling out your State for the whims of your Majestic Leader. {In your eyes} You are selling out your State based on a SCAM. But like Obama and most of the new Liberals, Progressives, Socialists, whatever, you do NOT care about the People. You are locked in until 2014. So who cares? right?

"I think he wants to give the appearance he's working for West Virginia when the fact of the matter is there's no middle ground on this bill," added Troy Berman, director of the West Virginia Republican Party. "He can dress it up, but it'd still be what it is, which is an energy tax hike."

Along with SO MUCH MORE.

Berman said Rockefeller may be following the playbook of Reps. Alan Mollohan and Nick Rahall, the state's two House Democratic congressional members who voted against the climate bill after weeks of wavering in their position.

"They waited and waited and waited until they saw their votes weren't needed," Berman said. "That's not serving your constituents in West Virginia. That's serving your constituents in the speaker's office. And West Virginians deserve better."

Yes they do. But this is who Rockefeller is. Either he is too stupid to understand that Global Warming is BS, or he KNOWS it is and is just laying down for Obama. I'm not really sure which is worse.

The coal industry provides West Virginia with about 40,000 direct jobs in mining, mine contractors, mine supplies and coal preparation plants, according to the state's Office of Miners' Health, Safety and Training. West Virginia also touts about 4 percent of all U.S. coal reserves and 15 percent of the country's coal production.

So it is no surprise that energy issues are front and center in the state's political debate alongside the other top topic of the moment in Washington.

"It's without question as high on West Virginians' radars as health care," said Berman, who recently ran political campaigns in Pennsylvania, Ohio, Maryland, New York and Texas. "You can say that in one or two other states. But you can't say that about the country as a whole."

Now Rockefeller did say this.

"I want to be very clear -- I do not support any bill right now," he said. " In fact, I have not yet seen a bill I would vote for."

You probably would not read it if you DID have it. Just like the Obama Bailout Bill that none of you read. You just Vote whatever your Leadership tells you.

Do NOT Believe this.

But it is still unclear exactly what Rockefeller's bottom line is. "If the final Senate bill does not protect West Virginia and the future of coal, I will not be voting for the bill," he said.

He will Vote however they tell him to. He does not care about West Virgina. He does not care about the Coal industry. Even Senator Byrd said he is FLAT out AGAINST Cap and Tax. Yet, Rockefeller is "on the fence?"

To all my friends in West Virginia, you are in the Same boat as most of the rest of us. They will NOT debate Drilling here in Florida, as Gas Prices climb again. They will not kill Obamacare. They will NOT stand up to Obama on ANYTHING. This new Liberal Democrat Leadership could not care less about YOU, the People. All they care about is Power, Control, and Money. YOU are just a problem to over come to get there. We need to show them, we are not a problem. We are the WALL! We are the one's that will STOP them from this Quest of Tyranny. We are THE PEOPLE, of whom the Government BY the PEOPLE, should be FOR.
Peter

Sources:
NYT -Rockefeller Finds It's Better to Negotiate on Climate Bill Than Sit on Sidelines
OPNTalk - Government To Take Control Of the Internet?

Thursday, September 03, 2009

Food Cost To Go Up, SS To Stay The Same

If Cap and Tax Passes, it will be even worse.

Hey folks,

Just this past Friday, From the Emails, I posted this. Government Priorities? Yes, the Government can spend billions, bailing out, or taking over is closer to the truth, Multi-Billion dollar Private Industries, yet, for our Senior Citizens, those that have worked their whole life, contributing to society, they get nothing. No Social Security "Cost of Living" raise at all for the next two years.

Well, Irish Godfather sent me a follow up of sorts. Just because the Obama Administration doesn't care to increase SS, in some cases the only income our Seniors have, that does not mean the cost of EVERYTHING else will NOT go up. It will. According to ALL BUSINESS - USDA'S 2009 food price increase forecast at 4-5 percent.

Publication: Food & Drink Weekly

Higher meat prices, driven by escalating grain prices, will fuel an increase of 4 to 5 percent in U.S. food prices in 2009, the third consecutive year of large increases, USDA forecast last week. Food prices are estimated to rise by 5 percent this year, the largest annual increase since 1990. They rose by 4 percent in 2007.

In its first estimate for 2009, USDA said food prices would be led by red meat and poultry, which account for 10 percent of food spending. Beef prices will rise by 6.5 percent, it estimated, and pork and poultry by 5.5 percent. USDA economist Ephraim Leibtag, who prepared the forecast, said higher feed costs "will impact the meat industry, supplies and production will tighten, and prices will rise."

For this year, the biggest price increases are forecast for eggs, up 14 percent, cereals and bakery products, up 9.5 percent, and fats and oils, up 12 percent. In that group, cereals and bakery products are the largest component of the food basket, 7.4 percent of overall spending. All would moderate in 2009, rising at 4 percent or less.

The USDA also sees the food-inflation rate slowing slightly from this year. The agency expects the food consumer-price index to climb between 4.5 percent and 5.5 percent in 2008, which would be the highest food-inflation rate since 1990. That is despite the Bureau of Labor Statistics report last week that its food-price index jumped 6.8 percent during the first six months of this year at a seasonally adjusted annualized rate.

While prices have been rising in the United Stats and Europe, the biggest increases are being felt in Asia, and countries like India and Vietnam already have to deal with double-digit inflation. Sharp rises in global food and oil prices are now spilling over into wages and broader measures of inflation across Asia, as the Asian Development Bank noted in a report released Tuesday.

Higher inflation in Asia is also starting to contribute to higher prices in the United States. According to the Labor Department, prices for imports from Pacific Rim countries--mostly Asian goods--rose 2.7 percent in the 12 months through June, after falling 1.4 percent in the preceding 12 months.

Asia's central bankers, who are preparing for their annual gathering July 28 in Shanghai, have been unable to develop a united response to deal with the worst inflation threat in at least a decade. That is because most central banks in Asia have been reluctant to give up any of their economic independence or challenge the United States by coordinating their monetary and currency policies, even as they fret about rising prices


Then of course if you throw in there, Cap and Tax, all the Global Warming Bunk, and the continued out of control Spending by the Looney Leadership, you will see energy costs, Food Prises, and EVERYTHING else climb in costs that are out of reach of some folks in this country.

This is NOT just Politics. This is NOT just Obama Bashing Rhetoric. This is FACT. Look at what happened when Gas Prices rose to over $4.00 a gallon. Remember that? The cost of EVERYTHING ELSE went up as well. If it cost more for your local Supermarket or Big Box Stores to get things delivered to them, they will charge YOU more to get the items. If it costs the Energy Companies more to produce the Energy, they will charge YOU more to receive it.

It really is simple to understand folks. They do NOT CARE about older people. They said so. They do NOT CARE about the poor or the Middle Class. Those are the ones that will be hurt the most. They only attack the Rich, because THEY are a cash cow for them. Not for you. Contrary to what they may want you to believe, they are NOT going to take from Peter to give to Paul. They are going to take from Peter, and KEEP IT. Paul will pay even MORE than Peter, because Paul has much less to spend.

This is why I keep telling you folks, just like the GWBS and the Carbon Credit Scam, it does not effect those with the resources to PAY for it. But it DOES effect you. Let me try to explain this again.

Cap and Tax = Carbon Credits, Higher Energy costs that will effect all prices.

1 - The Rich? They do not care. If they have Millions or Billions, what do they care if they have to pay a few grand or even a few hundred grand? They will continue to live as they chose.

2- Those that live paycheck to paycheck? The Poor? Those that have very little left over at the end of the month? They can NOT Pay to play, so THEY will be forced to change there lifestyles, become dependant on Government, or just go away and die.

Higher Food Prices? Inflation?

1- The Rich? So what. If I have to pay $20 to $30 bucks for a steak, I'm still going to eat it.

2- EVERYONE Else? Can you say Food Riots? Can you say Food Stamps?

Obamacare?

1- The Rich? Such as those in Congress? Get whatever medical treatment they want.

2- Everyone else? The Government will decide who gets what and they will make that decision based solely on cost. Old people, just take a pill and die. Poor people? Stop having babies. Or we will STOP you from having babies.

The FACTS are really pretty clear folks. THEY DO NOT CARE ABOUT THE OLD OR THE POOR! They WANT you dependant on the Government for EVERYTHING. They WANT power and control over every aspect of your lives. They WANT an America that THEY control and YOU are nothing but pawns. Old folks do not contribute all that much anymore, so in their view, they need to go away. It really is JUST that simple.
Peter