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		<title>Millions Will Lose Jobs as Largest Tax increase in US History Passes House</title>
		<description>Comments for Millions Will Lose Jobs as Largest Tax increase in US History Passes House at http://www.rightsidenews.com , comment 1 to 4 out of 4 comments</description>
		<link>http://www.rightsidenews.com</link>
		<lastBuildDate>Sat, 20 Mar 2010 10:16:48 +0100</lastBuildDate>
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			<title>Proud American</title>
			<link>http://www.rightsidenews.com/200906285282/energy-and-environment/millions-will-loose-jobs-as-largest-tax-increase-in-us-history-passes-house.html#comment-2858</link>
			<description>The only chance that the American people have left is the Senate.  With enough pressure from us the Senate will kill this massive tax bill and save this country from economic doom.

Global Warming has evolved into a cult following and this legislation is not based on &quot;saving the planet&quot; but on how wealth is taxed and redistributed.

Our founders are rolling in their graves now.  God help us. - Hardnox</description>
			<pubDate>Sat, 04 Jul 2009 01:40:04 +0100</pubDate>
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			<title>Do members of congress ever fully read legislation?</title>
			<link>http://www.rightsidenews.com/200906285282/energy-and-environment/millions-will-loose-jobs-as-largest-tax-increase-in-us-history-passes-house.html#comment-2846</link>
			<description>:D  Note that Boehner says that &quot;the American people have a right to know&quot;.  He doesn't say HE wanted to read the entire bill.  He only thinks that we should be able to do so.  I agree.  Although, I've never read a bill consisting of hundreds of pages.  Sorry, but I don't want to do that.

In other words, Boehner is full of it. - DMac</description>
			<pubDate>Thu, 02 Jul 2009 16:12:43 +0100</pubDate>
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			<title>A giant step towards Marxism </title>
			<link>http://www.rightsidenews.com/200906285282/energy-and-environment/millions-will-loose-jobs-as-largest-tax-increase-in-us-history-passes-house.html#comment-2831</link>
			<description>Lies, manipulation, intimidation and bribes were used to force the House to pass Obama’s economy killing bill! House members were not given time even to read the bill! Corruption and coercion have reached levels previously seen only in Marxist dictatorships like those of Cuba or Venezuela.

Obama’s Cap and trade is another giant step towards Marxism — and the corruption, poverty, enslavement, destruction and despair that Marxism entails. 

Obama is working much faster than Hugo Chavez at destroying the economy and imposing Marxism. No wonder the Russians are gloating: 

From Pravda: “…the American descent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people…” http://english.pravda.ru/opinion/columnists/107459-american_capitalism-0

We must do whatever is necessary to support those ready to defend us and push out all those selling us out to Obama and his accomplices.
 - Antonio33</description>
			<pubDate>Sun, 28 Jun 2009 18:15:29 +0100</pubDate>
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			<title>Waxman-Markey Made Very Simple</title>
			<link>http://www.rightsidenews.com/200906285282/energy-and-environment/millions-will-loose-jobs-as-largest-tax-increase-in-us-history-passes-house.html#comment-2829</link>
			<description>The issues are emission reduction and future energy supply.


Given the unproven emission reduction effects on global temperature - and the expense of emission reduction - the key is to engage in activities valuable in themselves, which also keep on track with emission reduction targets at minimal business disruption and expense.


Sufficient first phase 2020 emission reduction, typically quoted at 15-20% reduction, is achieved by acting on electricity generation (coal, gas) and transport (mainly automobiles) alone, since these 2 sectors account for nearly 80% of fuel combustion emissions, and fuel combustion in turn accounted for 94% of CO2 emissions in 2007 (EPA data). 

The focus on electricity and transport gives several advantages - apart from lowering CO2 emissions:


1. Local environmental benefit from less pollution of sulphur and all else that's in the emissions, regardless of the less certain or immediate global benefit from CO2 reduction - and that is one reason why the focus on carbon trading is wrong, compared with the focus on reducing fuel combustion emissions.
2. Electricity supply alternatives which together with improved grid distribution gives better competition and keeps down electricity bills for consumers.
3. Transport alternatives (using electricity, hydrogen and other energy sources), which also reduces the dependency on oil imports.


No Trade Problems
Unlike with Cap and Trade, that involves cement, steel and other industries having to face imports from unregulated countries, the here suggested electricity and transport changes are not just more limited, but also largely local.


Funding and Impact
Equity and long term loan finance can be used: Long term industrial loans from financial institutions, particularly if federal/state guaranteed, give low yearly interest repayments and lessen the effect on electricity bills or transport cost.
The impact on the businesses is further lessened by the stability and predictability surrounding the funding.
Since only electricity and transport are involved, other business continues as usual and consumers and society in general are spared expense and disruption.
This is even more obvious from having no energy efficiency regulation either - see below.

Compare with
today's all-encompassing Cap and Trade (emission trading) suggestions, with unpredictability, expense, and needless disruption from normal business practice on one hand, or unnecessary profiteering from free allowance handouts with little actual emission reduction on the other hand - together with extensive regulation on what people can or can't buy and use.


In 2020, from then available evidence, either
1. There is increasing consensus that global warming can't be stopped anyway, and that further specific reduction attempts have no value: In that case little has been lost, since the described changes in electricity and transport industry carry their own benefit, or
2. Consensus remains that CO2 emission reduction should continue, in which case America is on track, and may continue with more specific emission reduction efforts for the years 2030 and 2050 that extend electricity and transport measures and can involve other industries, if necessary.

Understanding Cap and Trade, and why it is bad for America: http://ceolas.net/#cce5x
A New Electric America:    http://ceolas.net/#cc10x   onwards

 - ceolas</description>
			<pubDate>Sun, 28 Jun 2009 12:32:07 +0100</pubDate>
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