The current market based cap and trade of carbon emission and production, proposed by President Obama as a way to "move America into the 21st century" and to challenge the "effects of global warming" is pseudo science at its best. This system will increase taxes on virtually everything from the manufacturing/industrial sector of our economy to the energy sector, from car and gas prices to value-added taxes on plastics....Wake up people, cap and trade will not stop global warming! In the last thousand years we had several "warming and cooling" periods, one such period was called the Mideval Warm Period, there is also evidence of correlation between global temperatures and increased solar activity, additionally these permits are purchased to allow carbon emission while setting up a commodity platform that will investment banks and other large institutional investors hedge bets and create futures that will result in billions of dollars in profit. The goal is not to help the citizens of America and the world at large but to wage a new tax system that will only cripple the middle class. If we want true reform than instate across-the-broad subsidies that make energy saving appliances economically competitive against their competitors. It was once thought that Americans would never want an electric car, remember the EV1, and yet with a focus on the consumers and a slew of new features/advancements the time for electric based vehicles has ripened. Several people think that "Big Oil" are the evil dictators of the world, yet these companies are heavily invested in renewable resources such as biofuels, solar, wind, algae-based energy production, etc... T. Boone Pickens is a prime example, he made his first billion with oil and is now waiting to make his next with renewable resources such as wind and solar. I fully support America's "Green Initiatives" but call for action to be made by American citizens not politicians, who would financially benefit from such policy initiatives (think Al Gore, Nancy Pelosi), and multi-billion dollar corporations. The only person who has your best interest in mind is yourself!
The title of my blog consists of three entities that include among its members only the world's most powerful and wealthy. The following is a quote is from David Rockefeller Senior's 2002 autobiography “Memoirs.” On page 405, Mr. Rockefeller writes: “For more than a century ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it." Mr. Rockefeller was a director on the Council on Foreign Relations. I suggest that you "google" or "bing" these three entities and do a little reading to see how influential these groups are and how many members are our American politicians.
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