Obama: Energy Prices Will Skyrocket Under My Cap and Trade Plan

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 P.J. Gladnick's post regarding the audio of Barack Obama telling the San Francisco Chronicle he will bankrupt the coal industry has already elicited the response of : "unbelievable" from a West Virginia coal official. Governor Palin included the issue in a speech at a rally in Ohio today as well.

During Obama's January 2008 talk with the San Francisco Chronicle, he also mentions how electricity rates would "skyrocket" (H/T to Hot Air's Ed Morrisey for focusing in on this)(my emphasis added:)

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The problem is not technical, and the problem is not sufficient mastery of the legislative intricacies of Washington. 

The problem is can you get the American people to say this is really important and force their representatives to do the right thing? That requires mobilizing a citizenry. That requires them understanding what is at stake, and climate change is a great example. 

When I was asked earlier about the issue of coal…under my plan of a cap and trade system, electricity rates would necessarily skyrocket…even regardless of what I say about whether coal is good or bad, because I’m capping greenhouse gasses, coal power plants, natural gas…you name it…whatever the plants were, whatever the industry was, they would have to retro-fit their operations.

That will cost money…they will pass that money on to the consumers. You can already see what the arguments are going to be during the general election.  People will say Obama and Al Gore …these folks...they're going to destroy the economy. 

This is going to cost us 8 trillion dollars or whatever their number is.  If you can’t persuade the American people that, yes,  there is going to be  some increase on electricity rates on the front end, but that over the long term, because of combinations of more efficient energy usage and changing light bulbs and more efficient appliances, but also technology improving how we can produce clean energy that the economy will benefit. 

If we can’t make that argument persuasively enough, you can be Lyndon Johnson.  You can be the master of Washington.  You’re not gonna get that done.

Given how long the media buried this story, it is apparent Obama was not confident the American people were willing to buy into higher energy prices for his green agenda.


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"Skyrockets in flight

"Skyrockets in flight, socialist delight, soooo-oooo--oooo-cialist delight"

 

 

You will never find a more wretched hive of scum and villainy. We must be cautious. "

- Ben Kenobi on  Liberals, and the MSM.

" The Cake is a lie."   

I saw this comment and had

I saw this comment and had to hijack it... 

You may not like coal, you may not like oil, but you certainly will not like the gigantic (100% or more) increases we will see in our Electrical and Natural Gas bills in an Obama Administration.
Plus, I predict that we will shortly return to $4 or $5/gl gas, with the increase due to Federal taxes.

Socialism makes everyone equal(ly poor).

Comment by Another Drew

No, no, no. Don't you understand?

Only "Corporations" will pay these higher taxes.  This won't affect the "middle class" or "main street".  Not at all.  Instead, they will be rewarded with wonderful "green" power paid for by patriotic "investments" from the rich top "5%".

-----

This is what we get for allowing government monopolies to control pulbic education; a critical mass of ignorant voters who not only buy this kind of nonsense, but it never occurs to them to question it.

The reality is that corporations do not pay taxes.  Oh, they write checks to the government, but the money ultimately comes from consumers in the form of higher prices.  The Obama reality is that 100% of citizens (just not income-tax payers) are in for a massive hit, and "main street", the "middle class", and especially "the poor" are going to be hardest hit.

And shame on McCain for not drilling this reality every chance he gets.  It's another example of why he deserves to lose; I don't think he understands economics any better than Obama does.

Of course, it's not hard to expect what Obama's solution to this problem is going to be: We'll have more programs and "refundable tax credits" (aka "welfare" via the tax code) to help people pay for the new energy crisis, which will be an entirely artificial creation of the tax code to begin with.  It will be a multi-ring circus, all run by the government, for the government, and against the governed.

  This is straight out of

  This is straight out of the European style of democracy where you don't vote for leaders who represent you on your behalf but rather you vote for the leader who will hurt you the least.

We have been voing for the

We have been voing for the lesser of 2 evils for years now.

  That's true but what I

  That's true but what I was getting at is that in some 'democracies' the candidates don't even pretend to 'represent' the will of the people.  You just vote for someone among the 'political class' who has his own ideas of what you need.  This is the predominate attitude with lefties because people don't really like losing their freedom but lefties are so sure they are smarter and know whats best for you that they see nothing wrong with imposing laws on you.  It's for your own good.

Europeans

Even the Europeans are not that foolish. France gets most of its power from nuclear fission.

 

Don't have a link handy, but

Don't have a link handy, but the S.F. Chronicle is already attacking the messenger to protect Obama -- even calling NewsBusters 'shady' for calling them out for sitting on Obama's statements.  I found it on either Drudge or Google News a bit ago, but am not seeing it now.

Here's your link bdshep,

http://www.sfgate.co...

 I say let's all go to the Sfgate and post our opinions of their "shoddy" journalism practices.

 

If you make people think they're thinking, they'll love youBut if you really make them think, they'll hate you.

Don Marquis 1878-1937

Probably a waste of time -

Probably a waste of time - tried to look at the comments when I was there earlier (it said there were 18 or so), but when I clicked the link a message said all comments had been deleted. 

I can't imagine why.

Obama lives in a dream world...

Obama lives in a dream world.  Unfortunately, it will be a nightmare for us.

Obama lives in a dream

Obama lives in a dream world.  Unfortunately, it will be a nightmare for us - You got that right.

Nuke em til they glow then shoot em in the dark.

Well look at the bright

Well look at the bright side moovova, we'll all be able to heat our homes with "The Dreams Of His Father".

"You will never find a more wretched hive of scum and villainy. We must be cautious. "

- Ben Kenobi on  Liberals, and the MSM.

" The Cake is a lie."   

Buy gold...er...coal!

Not me, wouldn't even buy his book to burn.  I'm burning the 200 bags of coal that I'm hoarding just in case electricity skyrockets!  Ooops, "hoarding" is a bad word...

Addendum to another post/

He won't just bankrupt the coal industry, his socialism will bankrupt America.

When the Bush tax cuts expire or are repealed, it will cost the average working family at least $1700/year. Retirees living off their 401ks will pay an extra $150 for every thousand they receive in dividends. The massive spending increases will reduce the value of a dollar even more. Protectionist trade policies will hurt the industrial base and the union workers who work for them. More intrusive regulations will force companies to either layoff workers or fold. Energy prices will skyrocket (he admits it himself). In short, this punk is going to make the Carter years look like a picnic.

God help us all.

Completely "fabricated" news... Gimme a break!

I pulled this from one of the postings...

"A final note: the shoddy Newsbusters blog has been caught in the past
simply fabricating news regarding the Chronicle''s coverage. Our paper
has demanded corrections for their fiction, but to no avail.

We contacted Bill Riggs, regional press secretary of the Republican
National Committee tonight on his emailing of this erroneous report
suggesting a ''''hidden'''' Chronicle audiotape to political reporters.
His response: he didn''t confirm

 

Posted by inrealdeep2 at 11:37 PM : Nov 02, 2008"

Thought it a little funny the "shoddy" newsbusters beat the MSM to the punch... But that's "old News" that was taken out of context...

While I was visiting some

While I was visiting some of my friends over at HotAir, I thought I would bring the latest list back of someof the places this has exploded on the net today, just so you can see what some others out there are saying:

Wow!

-Dave

The MSM is the 21st Century version of the Ministry of Public Enlightenment and Propaganda

Hey Dave...great

Hey Dave...great work...problem is....who is going to be listening?

"America isn't the problem...America is the solution." ~ Rush Limbaugh

bt,

I think this is a huge story!

Besides, I have been reading through a lot of those links today just to see what others are saying about this. I know there are some here who probably don't read HotAir, too.

I just think some of the comments are pretty interesting.

-Dave

The MSM is the 21st Century version of the Ministry of Public Enlightenment and Propaganda

Dave...of course it is a

Dave...of course it is a huge story....my point is who is really going to listen...it is already being down played by the left in the msm, which is basically ALL of THEM...

Typically sickening.

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Bt...I know the MSM is in LOCKDOWN...but...

There are 527's with Money still running adds McCain doesn't want to see.

I've seen Multiple Rev. Right adds just TONIGHT...on MSNBC!!!  McCain doesn't want to see these run!!!

Ster. 

Listen, strange women lyin' in ponds distributin' swords is no basis for a system of government.

bt, LOL-

I'm just trying to keep myself cheered up, that's all.  :-)

The more I read about this, the happier it makes me.

I want something to come along that will bring this Gomer down, and we are running out of time.

-Dave

The MSM is the 21st Century version of the Ministry of Public Enlightenment and Propaganda

Dave & BT

Listen, we know about the MSM, yes, but I really believe -- as Dave painstakingly helped to show us with that great list of links -- that the internet is fast replacing old media as the REAL Mainstream Media... and I think it's really changed over the course of this election, and the primaries before it.

So, again, great job Dave, and I agree that this is big and it's GETTING OUT THERE !!!!

 

You're the next contestant on...
THE MESSIAH IS... LEFT !!

 

Great list Dave!

Now, we need to see how many MSM outlets pick up on it in the morning. 

 Most of the big papers here in WV update their sites at 1:00am.I'll be interested in seeing who, if any, post something about this. 

If you make people think they're thinking, they'll love youBut if you really make them think, they'll hate you.

Don Marquis 1878-1937

Your list brings tears to

Your list brings tears to my eyes...thanks for the posting.

Dave

Awesome list!!

If you don't get a Free Stinker comprehensive list award after all this, I am convinced there is a vast anti libertarian conspiricy around here :-)

He's got my vote

»→ Who needs taxes?

Obama says he will bive the American middle class a tax cut, but vows to force energy prices astronomically higher.

Liberal America laughs off as silly the claims of conservatives that his carbon credit levy is not a tax.  But it's a double whammy conjured in the pits of socialist hell.

When energy prices skyrocket, who do you think will be forced to pay the electric bill of the pitiful human anecdotes the MSM will parade before the cameras every time a norther blows through?  That's right!  You see the picture.

  • By any means necessary - Joe Biden

Noel, Cool, NB'ers...YOU ARE NUMBER 6. READ WHY...

THIS REMINDS ME OF A 1970's TV SHOW!!!

http://www.imdb.com/title/tt0061287/plotsummary

 "The Prisoner" is a unique piece of television. It addresses issues such as personal identity and freedom, democracy, education, scientific progress, art and technology.

An Obama Van will be showing up at your door at 7am Tuesday Nov. 4th.

You will proceed to the Van...and they will take you to a "Special" Place.

If you try to run...A BIG BOUNCING WHITE BALL WILL FOLLOW YOU...AND TAKE YOU TO THE SPECIAL PLACE.

YOU ARE NUMBER 6.

Background for those of you under 40!!  British TV Series:

After resigning, a secret agent is abducted and taken to what looks like an idyllic village, but is really a bizarre prison. His warders demand information. He gives them nothing, but only tries to escape.

"The Prisoner" is a unique piece of television. It addresses issues such as personal identity and freedom, democracy, education, scientific progress, art and technology.

While packing he is gassed and is taken to a beautiful but deadly prison known only as "The Village" where people are taken, given a Number to be called by and kept there for the rest of their lives if they don't tell No. 2 (the deputy head of "The Village") the information they are captured for.

Escape is nearly impossible as "The Village" has amazing but deadly weapons to use if anybody tries to escape. The Agent is given the title of "No. 6" but he adopts the name of "The Prisoner".

The Village is determined to crack The Prisoner by attempting to get the answer to why he resigned from his job/post. As time goes on, two questions plague The Prisoner's mind -

Number 6: [referring to the chess game] Why do you use people?
Chessmaster: Some psychiatrists say it satisfies the desire for power. 'the only opportunity one gets here.
Number 6: That depends what side you're on.
Chessmaster: [quickly] I'm on my side.
Number 6: [quickly] Aren't we all.
Chessmaster: You must be new here. In time, most of us join the enemy - against ourselves.

How can he escape and who is the real leader of the Village - the mysterious No. 1?. 

ANSWER:  No. 1 is OBAMA.

Ster. 

Listen, strange women lyin' in ponds distributin' swords is no basis for a system of government.

»→ #2

#2 is UNMUTUAL.

  • By any means necessary - Joe Biden

#2 is Government Owned??

The Big White Ball is coming to get you!!

HA!!!

Watch this!!  It's been years!!  I used to watch this show!!

http://video.google.com/videoplay?docid=8873212882322253491

Ster. 

Listen, strange women lyin' in ponds distributin' swords is no basis for a system of government.

"I am NOT a number I am a

"I am NOT a number I am a free man..."

You will comply Number Six...

Vote 4 change. Vote 4 anything. See Jack & Mr Shy's first campaign ad for the ONLY viable 3rd party candidate.

Thanks Jack!! I knew you would get the IRONY!!

Jack...You get it. 

We got alot of kids here...

Ster. 

Listen, strange women lyin' in ponds distributin' swords is no basis for a system of government.

Ster -

Rover (the big white ball) scared me silly when I was a kid.  In one episode, Rover took McGoohan's character down, and was pressing on his face, suffocating him.  I had nightmares about that for weeks.

But even Rover doesn't scare me like Obama does. 

 

  Got a Job?  These higher

  Got a Job?  These higher energy prices will hit you twice because the 'poor folk' will be getting 'government assistance' for their bills.  It's just more income redistribution.

NO AUDIO ANYMORE!

When I clicked on the audio link for Drudge, it was taken down!

front page news

congrats...this story is everywhere - lead on the news, front pages, etc.

 oh, wait...it's not helpful to obama...silence. "no story here, move along."

the press has become a complete joke.

This is the "green agenda" in a nut shell.

Force people to do what you want them to by artificially raising prices on certain products to make them too expensive and giving government subsidies to other products to make them seem artificially cost effective.

This of course affects the poor to a much greater extent than the rich. The rich can decide if they want to change or not, the poor have to decide if they want to eat or pay the electricity bill.

You want change? Give me a dollar.

Unbelievable sums it up pretty good.

   Will someone please please please contact Hillary Clinton. She has to be Oh My God I am going postal teed off.

   This is from January. When he was running against her. The media is not only screwing Senator McCain, they screwed (past tense) her.

Sincerely,

a Veteran of a 1000 psychic wars.

obama IN THE FLESH on Coal

http://www.youtube.c...

Sounds like PSYCHOBABBLE!!!

Mr.L

here...

indulge yourself in the entire interview.  It does not get any better "in context"   http://www.brightcove.tv/title.jsp?title=1381682549 

What SFGate did with this interview is nothing less that journalistic ineptitude

Obama's cap and trade scheme

Obama's cap and trade scheme is going to take care of everyone who fits into that 'shifting gap' of $250K, $200K, $150K, and whatever today's new "you won't see a tax increase if you make less than..." number is.

Make sure to get the extra-large tube of KY Jelly.

The real green agenda

There is no aspect of your life, from the moment you are conceived until long after you’re dead and buried that does not involve converting matter into CO2.  Once government bureaucracies gets the power to regulate the emission of CO2, there is absolutely no activity that you partake in life that will not be subject to regulating by people you’ve never seen, heard of, or voted for.  Sure, today they’ll talk about regulating politically-incorrect activities such as owning SUVs and jetting off to the Bahamas.  But once those carbon-spewing evils are vanquished, what will be next?  Sooner or later, they will work their way down to either some activity that you enjoy in your life, or worse, some activity that represents your livelihood.

They will, in fact, run our lives.

Coal Is Only One Target

Time: OBAMA- Our entire agricultural system is built on cheap oil. As a consequence, our agriculture sector actually is contributing more greenhouse gases than our transportation sector. And in the mean time, it's creating
monocultures that are vulnerable to national security threats, are now
vulnerable to sky-high food prices or crashes in food prices, huge
swings in commodity prices, and are partly responsible for the
explosion in our healthcare costs because they're contributing to type
2 diabetes, stroke and heart disease, obesity, all the things that are
driving our huge explosion in healthcare costs.

Obama wants to destroy the agriculture industry as well. Let's kill business.

JDW

DAILY WAVE

'Hey Chuck, Stand Up!'

Is the Community Reinvestment Act part of free enterprise

Obama added a work requirement to his proposal

 

Or...

...use rising food prices as an excuse to collectiveize the whole industry.  Then thin out the "surplus population" as people subsequently starve to death.