- David Frum: Cap and trade is a racket. And Democrats are ready to cash in
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Who says Democrats wish to take from the poor to give to the rich?
In practice, they much prefer to take from everyone to give to their friends!
In the name of environmental protection, Democrats are readying just such a transfer on a scale that would have impressed the Pharaohs. Tens of billions of dollars, possibly hundreds of billions, will be shifted from American consumers of electricity to shareholders of favored utility companies in primarily blue states. Under the leadership of uber-liberal Henry Waxman, chairman of the House Committee on Energy and Commerce, Democrats are determined to make their plan so complicated that taxpayers will not notice the flocks of dollars migrating from the middle of the country to the coasts.
Here’s the scheme:
Friday, May 15, 2009
A Model Touted By Liberals
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About Me
- Unhypentated Canadian
- I lean to the right but I still have a heart and if I have a mission it is to respond to attacks on people not available to protect themselves and to point out the hypocrisy of the left at every opportunity.MY MAJOR GOAL IS HIGHLIGHT THE HYPOCRISY AND STUPIDITY OF THE LEFTISTS ON TORONTO CITY COUNCIL. Last word: In the final analysis this blog is a relief valve for my rants/raves.
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