Wednesday, December 9, 2009

Is Obama Blackmailing Congress To Pass Cap & Trade?

He really seems to be putting a gun to Congress' head and of course acting like the EPA would be FORCED to be draconian if cap & trade isn't passed. As if they didn't have a choice in this matter. Seriously, tell me how this guy isn't a thug?

The Obama administration is warning Congress that if it doesn't move to regulate greenhouse gases, the Environmental Protection Agency will take a "command-and-control" role over the process in a way that could hurt business.

The warning, from a top White House economic official who spoke Tuesday on condition of anonymity, came on the eve of EPA Administrator Lisa Jackson's address to the international conference on climate change in Copenhagen, Denmark.

...

"If you don't pass this legislation, then ... the EPA is going to have to regulate in this area," the official said. "And it is not going to be able to regulate on a market-based way, so it's going to have to regulate in a command-and-control way, which will probably generate even more uncertainty."

Climate change legislation that passed the House is stuck in the Senate, but the EPA finding Monday was seen as a boost to the U.S. delegation in Denmark trying to convince other countries that Washington is capable of taking action to follow through with any global commitments.

The economic official explained that congressional action could be better for the economy, since it would provide "compensation" for higher energy prices, especially for small businesses dealing with those higher energy costs. Otherwise, the official warned that the kind of "uncertainty" generated by unilateral EPA action would be a huge "deterrent to investment," in an economy already desperate for jobs.

"So, passing the right kind of legislation with the right kind of compensations seems to us to be the best way to reduce uncertainty and actually to encourage investment," the official said.


1 comment:

Mimi said...

No it is not blackmail. It is out right terrorism. The terrorist threat is if you don't play ball we will attack the economy and jobs. In other words, finish what the 9.11 Muslims started.