Obama Lies (Again)
Sep 18, 2009 Political
As Ronald Reagan would have said, “well, there he goes again”, as our Resident lies blatantly in our face, apparently forgetting that Google is just a click away, and checking on anyone’s words is just too easy. And crosschecking with other members of his party reveals that they just do not care how blatantly they insult the American people with outright lies.
Recently, (within the last two months), we have had both Henry Waxman and the Resident come out and lie about the true costs of the Cap and Trade Bill passed by the House of Representatives. First, the head of the Energy Committee, Henry Waxman says that the cost to the consumer (that would be you and me) would be about “40 cents a day”- Really?
And then you had the Liar in Chief (there- I said it- am I a racist, too?) claim that the cost of this legislation was “… about the cost of a stamp…” per day. Oooohhh, not so fast here.
The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent.
A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration’s estimate, the cost per American household would be an extra $1,761 a year.
~ snip~
The documents (PDF) were obtained under the Freedom of Information Act by the free-market Competitive Enterprise Institute and released on Tuesday.
These disclosures will probably not aid the political prospects of the Democrats’ cap and trade bill. The House of Representatives approved it by a remarkably narrow margin in June — the bill would have failed if only six House members had switched their votes to “no” — and it faces significant opposition in the Senate.
One reason the bill faces an uncertain future is concern about its cost. House Republican Leader John Boehner hasestimated the additional tax bill would be at $366 billion a year, or $3,100 a year per family. Democrats have pointed to estimates from MIT’s John Reilly, who put the cost at $800 a year per family, and noted that tax credits to low income households could offset part of the bite. The Heritage Foundation says that, by 2035, “the typical family of four will see its direct energy costs rise by over $1,500 per year.”
cbsnews.com
Even though figures vary, depending on who’s ox is being gored, the low end, MIT’s estimate of $800 per year is still way above either of the estimates postulated by Waxman or the Resident- by about a factor of around 500%– a rather egregious error, wouldn’t you agree? Other estimates are considerably more- and if it hits the upper end, (1200%), families that are having trouble making ends meet are in for a world of hurt. Do the Liberal progressives care? Obviously not, or they would say, “Perhaps we should hold off until people can absorb the costs,” but nooooooo.
“Heritage is saying publicly what the administration is saying to itself privately,” says Christopher Horner, a senior fellow at the Competitive Enterprise Institute who filed the FOIA request. “It’s nice to see they’re not spinning each other behind closed doors.”
“They’re not telling you the cost — they’re not telling you the benefit,” says Horner, who wrote the Politically Incorrect Guide to Global Warming. “If they don’t tell you the cost, and they don’t tell you the benefit, what are they telling you? They’re just talking about global salvation.”
cbsnews.com
“Global salvation”- oh goody- yeah right, like that will work, what with China and India, who supply us with their smog on a daily basis (it takes two to three days for their air to become ours) NOT signing on to any treaty that inhibits their economic growth. All the Climate bill that was passed by the Democrats in the House- (Republicans were a little smarter than that; they want the Dems to “own” this FUBAR bill) will do is to make us poorer, and give the progressives the excuse to insinuate themselves in our lives, burying themselves deep like the blood-sucking ticks they resemble, but without the good points.
Because personal income tax revenues bring in around $1.37 trillion a year, a $200 billion additional tax would be the equivalent of a 15 percent increase a year. A $100 billion additional tax would represent a 7 or 8 percent increase a year.
One odd point: The document written by Jaffee includes this line: “It will raise energy prices and impose annual costs on the order of XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX.” The Treasury Department redacted the rest of the sentence with a thick black line.
The Freedom of Information Act, of course, contains no this-might-embarrass-the-president exemption (nor, for that matter, should federal agencies be in the business of possibly suppressing dissenting climate change voices). You’d hope the presidential administration that boasts of being the “most open and transparent in history” would be more forthcoming than this.
cbsnews.com
Yeah- transparent this Resident is not- (note the “blacked out”, or x’ed out section the Treasury Department redacted from the FOIA document )- liar he definitely is, and complicit in defrauding the American people- think of it- can you afford another 8- 15 % rise in your income taxes, just on the energy bill? This does not take into account the Health care bill, or any other legislation they are considering. All total, we could be looking at a 25% increase in our taxes- for what? So they, the government, could dictate the way we live our lives? How cool or warm we want our living area to be, the amount of water we use,the way we live our lives? How or what we drive?
This is an administration built literally on lie after lie – I truly do not think they are physically or mentally capable of telling the truth, and between the new Regulatory Czar, Cass Sunstein, who can impose restrictive regulations that will rule your lives and make you poorer, and the Resident’s Science Czar, John Holdren, who first believed in Global Cooling and a new “Ice Age”– then reversed course and hyped Global Warming with Al “I’m a HUGE hypocrite” Gore, we will be forced to do what the government wants, and thus our liberties shrink some more. We don’t need this.
Cass Sunstein thinks “free speech” is overrated, and should be restricted anyway, and that expectations of personal privacy are unreasonable. He also believes hunting should be banned, not realizing that hunting is actually a good and necessary thing in controlling wildlife populations, but since he just thinks and has never actually studied the cause and effects of hunting as population control, this position is not unexpected.
John Holdren- ( the Science Czar, for God’s sake), thinks that the government should force people to have abortions and be sterilized, if their genetics are not “preferred” by the government “elites”. Isn’t that just peachy? These are the people the Resident thinks are good for the country-
And you just hoped “Change” would be a good thing-
Silly Goose.
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Tags: climate, czars, lies, taxes, third-world status