New World Order Rams Through Sham Cap & Trade Bill

From http://www.infowars.com/new-world-order-rams-through-sham-cap-trade-bill/

New World Order Rams Through Sham Cap & Trade Bill
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Zachary T Baker
Infowars
June 27, 2009

The U.S. House of Representatives are nothing more than prostitutes for the international banking cartel. Brothels in Washington D.C. were packed Friday afternoon with eager congressman who sold Americans out 219-212 in favor of The American Clean Energy and Security Act of 2009 (ACES). Also dubbed “Waxman- Markey” the bill will implement the infamous cap-and-trade system on greenhouse gas emissions, signaling the NWO’s final moves towards total financial bondage.
Al Gore, part owner of carbon offset company Generation Investment Management, testified in front of a congressional committee that a cap-and trade system along with a direct carbon tax would be ideal.
Under the guise of philanthropic style environmentalism, the New World Order is blasting forward with draconian legislation every week it seems. Using thuggish tactics such as switching bill numbers & phone numbers to DC representatives and of course, good old fashion disinofo bombs got the job done. Cap and trade sets a limit on the amount of greenhouse gases that a factory, business, utility, or other energy producer is allowed to emit The goal of the Waxman- Markey bill is to cut CO2 emissions by 17 percent by 2020.

Most energy producers and manufactures will be severely affected by these caps, bu the increase cost will be passed onto their customers through higher prices. Companies will purchase permits that will allow them to exceed the “cap” These permits will be issued by our gangster government, and then be auctioned off to the same companies participating in the cap-and trade system. The theory is to create a free market for carbon permits where the price is set by those being forced to participate in the new system.
Consumers will be affected the most by this these new caps on energy. Douglas Elmendorf, the director of the Commission Budget Office testified before the Committee on Finance in May. He says a cap-and trade system would be devastating to the working poor. According to Elmendorf, the cost to for an average American household would be $1,600 a year, with low-income households carrying a heavier burden because they spend more of their income on energy than higher-income households.

Remaining scraps from revenue created by the auctioning off of carbon permits will go to the families with lower incomes such as a whopping $161 per year tax credit for single persons and $359 for 5-person families. Here’s the rub. According to Elmendorf, “such price increases would be essential to the success of a cap-and-trade program because they would be the most important mechanism through which businesses and households were encouraged to make investments and behavioral changes that reduced CO2.”
A d v e r t i s e m e n t
The federal government will have an annual allowance of almost a trillion dollars worth of grants/ bribe money to use as they seem fit.. Much like the mafia acting as a middleman between people and businesses, the EPA will create a list of companies who are “trade sensitive” or rely on imports.
With General Electric’s smart grid technology in place, energy companies along with their customers will have no other choice but to convert to the communist style system of rationing vital utilities. What smart grid visionaries foresee are home thermostats and appliances that adjust automatically depending on the cost of power.

The availability of $4.5 billion in federal economic recovery money for smart grid technology gives incentives for companies to convert over to the new digitalized grid.
Energy Secretary Steven Chu says, “If you want to create mischief one very good way to create a great deal of mischief is to actually bring down a smart grid system. This system has to be incredibly secure.”
“Is the average consumer willing to pay the upfront costs of a new system and then respond appropriately to price signals? Or will people view a utility’s ability to reach inside a home to turn down a thermostat as Orwellian?” Sen. Lisa Murkowski, R-Alaska, said at a recent hearing on smart grid.
Lastly, there is the option for companies to avoid a cap on their CO2 emissions by offsetting them. Al Gore, part owner of carbon offset company Generation Investment Management testified in front of a congressional committee that a cap-and trade system along with a direct carbon tax would be ideal.

Limiting the amount of CO2 will do nothing to help make the planet less warm, make us energy independent or create millions of jobs. It will on the other hand destroy whatever is left of our industry here in the North American Union by leaving companies no choice but to move offshore. Some of the biggest oil reserves in the world are here in North America, yet we rely on foreign oil. The elites indirectly control every facet our life.
Citizens will never be energy independent until every home is off the grid. Green jobs will include heavily fluoridated drones enforcing new EPA laws/codes. Besides, the amount of jobs that will be lost due to companies either moving offshore orgoing bankrupt will certainly be higher than the millions created by our fuhrer. With the hookers in Washington granting dictatorial powers to the Federal Reserve last week, it seems as though HR 2998 is part a two prong attack. The New World Order is moving fast, and there is really only two more obstacles in their way: our right to speak freely and our right to protect ourselves.

Sources:

1) http://www.opencongress.org/bill/111-h2454/text

2) “Smart grid” — power lines move into digital age By H. JOSEF HEBERT, Associated Press Writer H. Josef Hebert, Associated Press Writer Sat Jun 6, 6:04 pm ET

3) http://www.cbo.gov/ftpdocs/101xx/doc10115/Cap_and_Trade_Testimony.1.1.shtml