“Cap and Trade” becomes “American Power Act”

Posted: May 13th, 2010 by Militant Libertarian

Disgraceful Display of the Day

by Chris Horner, AmericanSpectator

Today at 1:30 pm Eastern time Senators John Kerry (D-MA) and Joe Lieberman (I-CT) will host a press conference announcing the fifth Senate reinvention of “cap-and-trade” global warming legislation since 2003, the “American Power Act”. Call it the American Power GrabAct, instead, for reasons that will become obvious momentarily.

The orchestrated spectacle, with a cast expected to be in the dozens which massive alignment of special interest groups is apparently supposed to persuade you of the justness of their cause, is in fact a manifestation of all that is wrong with Washington and what Americans have become increasingly enraged by.

At this press conference, Sens. Kerry and Lieberman have both already indicated, they will insist that their scheme isn’t “cap-and-trade” because… they aren’t going to use that term this time around. Kerry has even said that “this is not an environment bill.” It seems that the public aren’t buying that argument, either, so it’s really about whatever appeals to you. Just not what it was about the previous four times they’ve tried to slip this Power Grab past you. Except that a summary of the bill makes plain it is, too, cap-and-trade. And worse. It includes billions of dollars each year in gas tax revenue to underwrite the wealth transfers these companies are so in favor of.

For this latest effort to hide an enormous tax and wealth transfer — a unilateral move that guarantees jobs will be shipped to China, India, Philippines, Mexico and elsewhere — – these lawmakers will be surrounded by numerous representatives of Big Green. That includes not just the wealthy pressure group industry but many among “Big Business”, numerous of whom are the benefactors enabling those pressure group chiefs’ huge salaries and vast PR budgets to scare you into accepting an agenda that uses the state to, oddly enough, enrich these same companies. Huh.

Read the rest at this link.

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