Cap'n Trade saves the day! (or, keep your hand on your wallet)

Look!  Up in the sky!  It's a bird!  It's a plane!  It's Cap'n Trade!

No, wait, it's not a superhero.  Or a cereal.  It's another grand government initiative to obfuscate their intent to reach into our pockets and further control our lives.

So what is Cap-and-Trade?   It's an economic/environmental theory that says governments should come up with a very complex plan to sell pollution credits to companies and then let those companies that don't use them all to trade (sell) them.  Gosh that sounds great.....until you see how it works and what wrath LUC will bring.   Everyone likes sausage, no one likes to see how it's made.  And the Senate is about to start the grinding.

I would wax eloquent on the problems inherent in the whole Cap-and-Trade scheme (and thats the only way to describe it) but George Will, someone infinitely smarter than I, has said it best.

In case you don't have time to read the whole article by Mr Will, here are some highlights:

"The Wall Street Journal underestimates cap-and-trade’s perniciousness when it says the scheme would create a new right (“allowances”) to produce carbon dioxide and would put a price on the right. Actually, because freedom is the silence of the law, that right has always existed in the absence of prohibitions. With cap-and-trade, government would create a right for itself — an extraordinarily lucrative right to ration Americans’ exercise of their traditional rights."

"A carbon tax would be too clear and candid for political comfort. It would clearly be what cap-and-trade deviously is, a tax, but one with a known cost. Therefore, taxpayers would demand a commensurate reduction of other taxes. Cap-and-trade — government auctioning permits for businesses to continue to do business — is a huge tax hidden in a bureaucratic labyrinth of opaque permit transactions."

"Lieberman guesses that the market value of all permits would be “about $7-trillion by 2050.” Will that staggering sum pay for a $7-trillion reduction of other taxes? Not exactly.
It would go to a Climate Change Credit Corp., which Lieberman calls “a private-public entity” that, operating outside the budget process, would invest “in many things.” This would be industrial policy, i.e., socialism, on a grand scale — government picking winners and losers, all of whom will have powerful incentives to invest in lobbyists to influence government’s thousands of new wealth-allocating decisions."

"...global temperatures have not risen in a decade. So Congress might be arriving late at the save-the-planet party. Better late than never? No. When government, ever eager to expand its grip on the governed and their wealth, manufactures hysteria as an excuse for doing so, then: better never."

So, the Republican candidate has chosen to pander to the environmental crowd and support a solution that will undoubtedly result in a beaurocratic  cluster-uh.....you know.

Deity help us all.......