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Thursday, June 25, 2009

Please write, call and fax your Congressmen and Senators on Thursday, June 25th, 2009.

Obama's First 100 DaysImage by wstera2 via Flickr

It is CRITICAL that you, your family members, friends, colleagues and neighbors raise major objections to the Waxman/Markey energy/environmental bill up for vote THIS FRIDAY. They are trying to pass this in the shadows of Health Care, Iran and North Korea issues dominating the national media!

Tell them to vote NO and be sure to call your Democratic members and voice your opinion loud and clear. Unless you want to pay another $3,000 per year plus for energy, be sure to call. Please cut and paste what you wish from the information below from the Heritage Foundation. THANK YOU IN ADVANCE FOR DOING YOUR PART!!! Don't let them cripple our economy and nation any further.

If you are unsure of your representatives contact information, go to www.boortz.com who has a link to all contact information. Please send this email to everyone you know who may care.

Here's the details you need to know:

Reps. Henry Waxman (D-CA) and Ed Markey (D-MA) modified their global warming proposal to win support from skeptical congressmen, but in the process made the bill worse for the U.S. economy.

The economic impact of the new draft varies from that of the original draft in several major ways:

Compared to no cap and trade, real GDP losses increase an additional $2 trillion, from $7.4 trillion under the original draft to $9.4 trillion under the new draft;
Compared to no cap and trade, average unemployment increases an additional 261,000 jobs, from 844,000 lost jobs under the original draft to 1,145,000 lost jobs under the new draft; and
Peak-year unemployment losses rise by 500,000 jobs, from 2 million under the original draft to 2.5 million under the new draft.

Though the proposed legislation would have little impact on world temperatures, it is a massive energy tax in disguise that promises job losses, income cuts, and a sharp left turn toward big government.
Ultimately, this bill would result in government-set caps on energy use that damage the economy and hobble growth--the very growth that supports investment and innovation. Analysis of the economic impact of Waxman-Markey projects that by 2035 the bill would:

o Reduce aggregate gross domestic product (GDP) by $9.4 trillion;
o Destroy 1,145,000 jobs on average, with peak years seeing unemployment rise by over 2,479,000 jobs;
o Raise electricity rates 90 percent after adjusting for inflation;
o Raise inflation-adjusted gasoline prices by 58 percent;
o Raise residential natural gas prices by 55 percent;
o Raise an average family's annual energy bill by $1,241; and
o Result in an increase of $28,728 in additional federal debt per person, again after adjusting for inflation

Further, Cap and Trade Is Wrong
o It's a Massive Energy Tax
o It Will Not Make a Substantive Impact on the Environment
o It Will Kill Jobs
o It Will Cause Electricity Bills and Gas Prices to Sharply Increase
o It Will Outsource Manufacturing Jobs and Hurt Free Trade
o It Will Make You Choose among Energy, Groceries, Clothing and Haircuts
o It Will Be Highly Susceptible to Fraud and Corruption
o It Will Hurt Senior Citizens, the Poor, and the Unemployed the Worst
o It Will Cost American Families Nearly $3,000 a Year
o President Obama Admitted "Electricity Rates Would Necessarily Skyrocket" Under His Cap-and-Trade Program (January 2008)

Source: www.heritage.org

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