Anyone Else Nervous?

tyrone_det · 07-02-2009, 09:14 AM

Most of the lower income people around here air condition their houses with window units. Under Cap and Trade, when they sell their houses, a government inspector will come by to inspect the house before it can be sold. Energy inefficient items will have to be fixed. There is no way these window units will pass, and there is no way these folks can afford CHA.

What a quandary ... pay double electric or install a $4000 CHA system (and still have higher bills, just not doubled).

This is a very regressive program. The lower your income, the greater percentage of additional expense you are paying.

I wrote my Senator asking that the Senate remove the housing inspection provisions in Cap and Trade and to phase in the program so that there will not be a short term "huge increase" (per President Obama's own quote) in utility bills. The poor in my state cannot afford it.

I was blunt. I said that most people really do not understand that capping carbon emissions to the extent proposed will adversely affect them moneywise and that we will see that they are not, as some claim, happy to have utility bills doubled to green up the atmosphere (esp. since Cap and Trade will effectively be gutted by more coal plants in China and India).

Coal, natural gas and nuclear power are the three viable power sources right now for serving large populations efficiently. It will change. But, no matter how tough our government wants to make Cap and Trade, the only short term change will be we'll pay a lot more for power.

intangible child · 07-02-2009, 09:53 AM

Quote:

Originally Posted by yzerman19wingnut

I couldn't agree more with this part.

No it's really not getting better.

I think it's kicked out far too much money to be of any help at all. So much in fact that it will cause hyperinflation once those numbers are felt. When the government spends money it doesn't have it typically has to print money.

Exactly.

I can help you prove that point.

Exactly. I'll add one more to that pile. The VAT tax will kick it square in the nuts too.

Only Jimmy Carter deux might do more damage.

Here's an interesting article that was written right after the election but I believe still holds some truth in it..................

http://www.usnews.com/blogs/capital-...president.html

Thank the repulsians!

Zack · 07-02-2009, 11:01 AM

Quote:

Originally Posted by yzerman19wingnut

I firmly think it will happen. Obama's biggest enemy is going to be this economy. If it's not noticeably recovered by the spring of 2012 he will be toast.............and keep in mind we haven't even hit the hyperinflation mountain yet. That's a serious indicator that this one might be a long one.

Obama's poll numbers are falling and with today's employment numbers a lot of people are questioning his stimulus package and his entire agenda as being the fix that will stabilize our nations economy. They see the downward turn not so sharp as it was but they see no reason the plane will come out of this dive and climb. And with all of this spending logic and reason is turning Obama talk into "fast talking sales pitch" with no basis in reality.

waitingtables · 07-02-2009, 12:09 PM

The banks are fortified, yet they are raising interest rates on the credit cards that they offer and still not loaning out money. It is shameful, and the people are not getting the relief yet.

yzerman19wingnut · 07-02-2009, 03:48 PM

Quote:

Originally Posted by intangible child

Thank the repulsians!

they alone didn't create this debt. the democrats are spending more money at a faster rate than republicans ever did.

yzerman19wingnut · 07-02-2009, 03:49 PM

Quote:

Originally Posted by waitingtables

The banks are fortified, yet they are raising interest rates on the credit cards that they offer and still not loaning out money. It is shameful, and the people are not getting the relief yet.

I know a work friend who just got a loan two days ago so they are lending money. You're full of shit.

fxashun · 07-02-2009, 04:10 PM

Citibank just approved me on a new credit card. O% interest on purchases til July 2010 $10,000 limit.

yzerman19wingnut · 07-02-2009, 04:57 PM

LOL I suppose WT is just restating Obama's talking points. Who knows maybe she has a teleprompter nearby also.

waitingtables · 07-02-2009, 07:06 PM

My boss has been having a very hard time getting credit. He has been in business for 30 years, and has always been profitable. Maybe things are different in NJ.

fxashun · 07-02-2009, 07:13 PM

Quote:

Originally Posted by waitingtables

My boss has been having a very hard time getting credit. He has been in business for 30 years, and has always been profitable. Maybe things are different in NJ.

Profitable doesn't mean he has good credit. I used to sell cars, and my wife still works in the industry, she'll tell you that some of the most affluent people you meet have some of the most jacked up credit.