Originally Posted by NetHorse

Where did I say it was a conspiracy? It's a FACT that Obama has made his climate agenda a major priority using the oil spill disaster as an excuse for doing so.

It's a political move, only sheep think Obama is some sort of hero trying to do good.

Politicians love cap and trade because they can claim to be taxing "polluters," not workers.

Once the government creates a scarce new commodity, (in this case the right to emit carbon) and then mandates that businesses buy it, the costs would inevitably be passed on to all consumers in the form of higher prices. All this in in a time when our economy is in shambles.

Putting a price on carbon is regressive by definition because poor and middle-income households spend more of their paychecks on things like gas to drive to work, groceries or home heating.

But the greatest inequities are geographic and would be imposed on the parts of the U.S. that rely most on manufacturing or fossil fuels -- particularly coal, which generates most power in the Midwest, Southern and Plains states. It's no coincidence that the liberals most invested in cap and trade.

Coal provides more than half of U.S. electricity, and 25 states get more than 50% of their electricity from conventional coal-fired generation.

In his budget, Mr. Obama wants to recycle $525 billion through the "making work pay" tax credit that goes to many people who don't pay income taxes. But $400 for individuals and $800 for families still doesn't offset carbon's income raid, especially in states with higher carbon use.

Cap and trade, in other words, is a scheme to redistribute income and wealth, but in a that 99% of people overlook. It takes from the working class and gives to the affluent; takes from Miami, Ohio, and gives to Miami, Florida; and takes from an industrial America that is already struggling and gives to rich Silicon Valley and Wall Street "green tech" investors who know how to leverage the political class.

Of course, you don't understand any of that. You just believe the words of Obama's mouth, his agenda isn't noble in the slightest bit, it's quite simply a very evil political move.