Wednesday, July 15, 2009

Palin attacks Cap and Trade


So much for Sarah Palin being a politically dead quitter. Sarah Palin launched her first attack against Obama’s dreadful policies yesterday in her Washington Post Op-ed The Cap and Tax Dead End (read the whole thing in previous post).

Palin’s whose main forte is energy independence uses common sense to point out some of the harmful and illogical aspects of Cap and Trade.

FTA:

Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs.

Palin is correct. Why at a time of mounting job losses must we add to it to achieve energy independence? This is to say nothing of the fact that the $4.2 billion would have to be BORROWED money.

FTA:

The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will "necessarily skyrocket." So much for not raising taxes on anyone making less than $250,000 a year.

Right again, Sarah. Obama had promised that those making less than $250k would not be taxed. Drastically raising their energy costs is every bit as bad as raising their taxes. Actually it is worse, because when you raise energy costs you raise the price of everything else. Food goes up, transportation goes up, and anything that uses energy goes up. In other words, the cost of everything goes up.

FTA:

… We are ripe for economic growth and energy independence if we responsibly tap the resources that God created right underfoot on American soil. Just as important, we have more desire and ability to protect the environment than any foreign nation from which we purchase energy today.

Americans are more sensitive to the environment than other energy producing nations. If we rely on them for our energy are we really helping the planet or are we just kidding ourselves by thinking so long as we are not drilling here the planet will be saved?

Palin includes a little stem-winder to her main critic, the MSM.

FTA:

Unfortunately, many in the national media would rather focus on the personality-driven political gossip of the day than on the gravity of these challenges. So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind and where my focus will be:

Some pro-Palin people think she should lay off the MSM, I for one am glad she doesn’t. The MSM needs to be called out. They had a major hand in selling America an inexperienced president with a strong socialist streak. Plus I am happy to see a Republican who is as hostile to the media as the media is to Republicans and conservatives.

What I wish Palin would have included in her Op-ed was to draw a parallel between the empty promises of jobs from the Stimulus and the equally empty promise of “green jobs” that are suppose to sprout from Cap and Trade. Such an act would greatly help in pointing out the wishful thinking behind all of Obama’s economic plans.

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