Climate legislation would require 60 votes in the Senate. Most Republicans have said they oppose the cap-and-trade measure, and at least 15 of the Senate’s 60-member Democratic majority have said the House-passed version would hurt the economy and needs to be revamped to win their support.
Friday, August 14, 2009
Sanity in the Senate?
Let's pray for some sanity in the Senate! According to Bloomberg, it looks like some of the Democrat Senators are coming to their senses and realizing that the Cap and Trade Bill is the ultimate "clunker:"
The fight is far from over and this is only one of the two enormous daggers pointed at the heart of the American economy - Healthcare being the second. As we reported here yesterday, Cap and Trade will cost almost 2.5 million jobs (minimum) and that doesn't include the ripple effect of the increased cost of goods - Homebuilders are saying that their cost of production will increase close to 25%. But at least it increases costs to everyday Americans too! What was that bit about "not taxing anyone making less than $250K?"
Rumbler's wishful thinking scenario is that both of these monstrosities go down in flames. The sheen will be off the Obamiester at that point and the Dems will be scrambling to a) assuage their hard left base because they didn't get the "good stuff" passed AND b) running to the center to get as far away from this closet-communist Obama, in the hopes of being re-elected.
It probably won't go down that neatly, but seeing the people out there in the streets, like I saw today at our Congressman's Town Hall - gives me faith. At the end of the day, the American people may have voted for "change," but they did not vote for "communism;" they did not vote to have their Constitution usurped and replaced by some SEIU/Bolshevik dogma. They are mad and they want their country back. Scary scenario? If this legislation passes...our chances to get the country back on track will be greatly diminished. As you reach the point where those that receive all the benefits of the state outnumber those that provide it, the numbers of the latter will decline. Then what? Look no further than the former Soviet Union for your answer.