"DEMO-CAP" AND TRADE: BACK TO THE '70S (THE 1870S!)

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Regular readers of Truth With Speedzzter know that Speedzzter's predicted the power-grabbing anti-Carbon Dioxide madness gripping internationalist politicians threatens to destroy our automotive liberty and turn back the clock to the low-performance '70s.

Congressman Joe Barton's (R-TX) prediction is even more dire.

If the Democrats favored "climate change" bill, known to beltway insiders as "Waxman-Markey" passes, Barton opines that we'd be venturing back to the '70s alright . . . the 1870s! "[S]et the flux capacitor to 1875. That's the last time Americans' carbon emissions matched the goals set by the Waxman-Markey legislation."

[Y]ou can test drive Waxman-Markey by sailing down to Haiti, because current CO2 emissions are where Waxman-Markey wants America's to be in 2050. Radical environmentalists think such a CO2 level will be heaven on Earth, but the place that has actually achieved it is a nation swimming in bacterial and protozoal diarrhea, hepatitis A and E, typhoid fever, dengue fever and malaria, with 47 percent illiteracy and a life expectancy of 49 years.

And the predicted impacts on your personal use of energy are an 800-pound sack of "not good:"

Your electricity bill will increase by 77 percent to 129 percent. Filling up your gas tank will cost anywhere from 60 percent to 144 percent more. The cost of home heating oil and natural gas will nearly double.

These inflationary costs would be devastating to the automotive hobbies and grassroots motorsports. They would imperil Ford Motor Company's fragile plans for recovery and deepen the current automotive depression into a lengthy national depression.

"DEMO-CAP" and Trade (or perhaps OBAMA-CAP and trade) will also contract domestic production as more jobs are exported to "developing" countries like Communist China.

According to the National Association of Manufacturers, a cap-and-trade law will cost 3 million to 4 million net jobs lost. The Heritage Foundation puts it between 1.8 million and 5.3 million, and Charles Rivers Associates estimated it as high as 7 million. . . . [W]e can expect to start buying more Mexican cement, Chinese fertilizer and Indian steel.

Barton explains that with Waxman-Markey, "we are capping our economy and trading away our jobs."

Pushing Waxman-Markey are a potent and powerful mix of "true believers" in the Greenhouse Gas faith, quasi-scientific bureaucrats, developing country politicians who want an unfair advantage in international trade, and liberal internationalists who want the untold sums of money and power that a "carbon credits" auction system will generate. Of course the ultimate source of that "cap and trade" tax money is the end user . . . consumers like you.

There wasn't a lot of motorsports fun to be had in 1875. Returning to that era would destroy most if not all of our automotive liberties and the industries upon which they're based. Thinking motorists, racers and automotive business persons must vigorously oppose Waxman-Markey and all similar "Demo-Caps" on the free market for energy use.