Once again the politico’s in Washington are using their law school vocabulary in an effort to make a straight forward issue so confusing and coma inducing that the average American will develop a quick case of ADHD trying to read and follow what they are trying to push. They all, Dems and Rep. seem to get quite a kick out of assuming we are all idiots that could never think, interpret or analyze on their posh level. It reminds me of that old saying “those that can do, and those that can’t teach” well it’s no wonder why so many politicians are or were educators at some level. The latest, until tomorrow probably, in my humbled opinion is the Cap and Trade legislation that is being ram-roded through congress as I type. One Henry Waxman, D-California, most famously known for the charade he allowed and presided over during the Roger Clemens hearing, has co-sponsored the bill with Ed Markey, D-Massachusetts. Here is Wikipedia’s explanation of Cap & Trade and here is a WSJ article breaking it down to lowly undergrad level. If Madlibs would do a version the Texas Tech folks could get it. Hey Henry do you like apples?
The levee’s quick take on this Cap & Trade thing. The government wants to regulate (Cap) the amount of CO2 that companies can emit. And they will require them to buy permits allowing for set amounts of emission. That’s great and all; I am all for cutting down on pollution and regulating those Chernobyl looking plants that spew “smoke” 24/7. No one can honestly think that stuff isn’t having some negative effect. I mean have you ever met a looker from Pasadena Texas? Me neither, at least not since Mickey Gilley took a torch to his place, but I digress. The government then wants companies to buy and sell (Trade) their permits to or from each other as needed at a non-regulated price. Obviously Dow Chemical will emit more CO2, thus requiring more permits, than say Stan Da Man’s detailing shop in Shreveport, and they have plenty of emissions, just not CO2. So Stan can sell his permits to Dow at whatever price an ounce is going for that week. Dow, having to stay in production has to become a price taker and has little leverage to negotiate a fair price. And we all know how this ends; the costs will always get passed down to the consumer, all products and services will sky rocket. However it doesn’t stop there, companies could be forced to cut production which means cutting jobs or they will up and move to Bangladesh, so then your Polo’s and industrial lubricants are made side by side. Actually Hypercolor T-shirts might have been a by-product of this a few decades ago, but I digress. Either way it seems pretty obvious that this has peeing up-stream (bad idea) written all over it.
I don’t do forward email chains, and would appreciate all of you that do and happen to read this blog, yes I am talking to 1 person in particular, to please take me off your list, but this might not be a bad thing to call your local representative about. I am sure between luxurious trips with lobbyists and week long hikes with their mistress’s they would love to hear from you. Don’t forget they aren’t producing anything, sans the occasional bastard child, carrying out our will is their sworn duty.
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