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The House Passes The LARGEST Tax Ever

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Bloviating Zeppelin: The House Passes The LARGEST Tax Ever

Bloviating Zeppelin

(in-ep-toc'-ra-cy) - a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.

Saturday, June 27, 2009

The House Passes The LARGEST Tax Ever

America is all adrip with Michael Jackson. Michael this, Michael that.

In the meantime, whilst bloated, idiotic, shallow, unattentive Americans were diverted: a perfect time for Demorats to ACT:

Fourteen hours after introduction, the House just passed the LARGEST tax bill in the HISTORY of the United States.

This is the American Clean Energy And Security Act of 2009, HR 2454 (see my post here), known as "cap and trade" -- where it passed in the House on a 219 to 212 vote, with eight Republicans voting yes and 44 Democrats voting no.

At 3am Friday morning, another 300 pages were sneaked into the bill, literally in the dark of night.

I found the actual 932-page HR 2454 bill on the internet. It is here if you can stomach it.

It is common knowledge that no one in the House who voted for this bill has actually taken the time to read this bill.

The bill's passage "amounts to the largest tax increase in American history under the guise of climate change," declared Rep. Mike Pence, R-Ind.

Rep. James Sensenbrenner (R-Wisc.) called it a “massive transfer of wealth” from the United States to foreign countries.

Before (House Minority Leader John Boehner, R-Ohio) took the floor, Republicans asked the House to observe a moment of silence for Americans who would lose their jobs as a result of the bill. Democrats objected. Pelosi argued later that the bill would mean “jobs, jobs, jobs, jobs.”

Absolutely, stultifyingly idiotic and nonsensical. Check out this video.

Utility rates will absolutely skyrocket at a time when Americans can least afford it. This is an entire reordering of our complete economy.

This bill would mean an unprecedented tax increase on American business, predominantly forcing -- those who could -- many American businesses to transfer themselves to other more friendly nations. Hence the comment by Sensenbrenner.

Those businesses trapped by circumstance would do nothing but pass the costs down, logically so, to the American consumer. The taxpayer. The persons who created the cash in the first place.

Additionally, The Heritage Foundation states the CBO (Congressional Budget Office) grossly underestimated the true costs of "cap and trade":

Last week, the Congressional Budget Office (CBO) released their analysis of the Waxman-Markey climate change bill that had proponents of the bill claiming Americans could save the planet for just $175 per household. That was the figure CBO estimated cap and trade would cost households in 2020 alone.[1]

Both the CBO's analysis and the subsequent legislation are troubled: The analysis grossly underestimates economic costs while the legislation will have virtually no impact on climate.

Overall, there are a number of basic problems with CBO's analysis:
-Their allowance cost numbers do not add up;
-They ignore economic costs such as the decrease in gross domestic product (GDP) as a result of the bill; and
-The analysis is an accounting analysis, not an economic analysis.

Government does not make money. Private businesses makes money. Government confiscates cash via taxes. That's how it works.

Hugh Hewitt writes:

The Pelosi Democrats will try and push through the massive tax hike that is disguised as "cap and trade" today, and the 1200 plus page bill is constantly changing and of course has not been read much less understood by the Democrats voting for it. If this bill or anything remotely like it becomes law, the American economy will be pushed into a deep recession that will make the past six months look like the good old days

Moderates and conservatives are wrong to expect that the Senate will simply kill the bill, though all efforts will have to be switched immediately to the upper chamber if the Pelosi/Waxman/Markey radicals bribe enough Dems with special provisions to pass it today. The so-called Blue Dog Democrats are proving to be worthless as a check on the hard left of their party, and only a huge course correction in November 2010 will keep the country safe from the radicals currently running the Democratic caucus in the House. No one who votes for this bill can claim to be a "moderate Democrat."

The Heritage Foundation makes this analysis of the bill:

An analysis of the Waxman-Markey bill (as reported out of the House Committee on Energy and Commerce) by The Heritage Foundation found that unemployment will increase by nearly 2 million in 2012, the first year of the program, and reach nearly 2.5 million in 2035, the last year of the analysis. Total GDP loss by 2035 would be $9.4 trillion. The national debt would balloon as the economy slowed, saddling a family of four with $114,915 of additional national debt. Families would also suffer, as the bill would slap the equivalent of a $4,609 tax on a family of four by 2035.[1]

This is more than insane. And this is just one aspect of the various bill RAMDOWNS that Obama insists American taxpayers make.

Where will the money come from?

This government operates with the consent of the American Taxpayer.

How long will this consent be willingly proffered -- considering that the American Taxpayer is ignorant, forgetful and naive?

I submit that already some persons are questioning the drinking of their own cups of Kool-Aid.

It's up to the SENATE to stop this crushing bill. But will they?



Anonymous Foxwood said...

My kind of blog. Don't believe this is not a tax on those making under $250,000. Everything this bill touches will go down the FOOD chain. Gas, electricity, food, products and services. Everything will go up, but it's not a tax on you.

Fri Jun 26, 07:54:00 PM PDT  
Blogger Bloviating Zeppelin said...

Foxwood: first, thank you so KINDLY for visting my blog, welcome aboard, and thank you for taking the time to comment!

This is a tax on EVERYone! It WILL reach down to EVERY individual in the United States, yes.


Fri Jun 26, 07:57:00 PM PDT  
Blogger TexasFred said...

To ARMS! To ARMS! American Patriots to ARMS!

Fri Jun 26, 09:08:00 PM PDT  
Blogger Bloviating Zeppelin said...

I'm wondering, Fred, I'm really wondering.


Sat Jun 27, 04:53:00 AM PDT  
Blogger Always On Watch said...

It is common knowledge that no one in the House who voted for this bill has actually taken the time to read this bill.

Seems to me that is a case of political malpractice.

As for the Senate's stopping the bill, maybe that will happen. The Senate tends to be more conservative.

Sat Jun 27, 07:07:00 AM PDT  
Blogger Rivka said...

Looks like we are going to have to move if this passes the Senate.

This is the second time they have shoved through a bill without reading it and put stuff in there the last minute.

This makes me nautious.

Sat Jun 27, 08:33:00 AM PDT  
Anonymous Ranando said...

This is the second time they have shoved through a bill without reading it and put stuff in there the last minute.

What theys are you talking about, The 8 Republicans that voted for it or the 44 Democrats that voted agaisnt it?

Sat Jun 27, 09:16:00 AM PDT  
Blogger David Wyatt said...

This is taxation without representation on steroids.

Sat Jun 27, 03:39:00 PM PDT  
Anonymous Ranando said...

God was missing for six days. Eventually, Michael, the archangel, found him, resting on the seventh day..

He inquired, "Where have you been?"

God smiled deeply and proudly pointed downwards through the clouds, "Look, Michael. Look what I've made."

Archangel Michael looked puzzled, and said, "What is it?"

"It's a planet," replied God, and I've put life on it.. I'm going to call it Earth and it's going to be a place to test Balance."

"Balance?" inquired Michael, "I'm still confused."

God explained, pointing to different parts of earth. "For example, northern Europe will be a place of great opportunity and wealth, while southern Europe is going to be poor.

Over here I've placed a continent of white people, and over there is a continent of black people. Balance in all things."

God continued pointing to different countries. "This one will be extremely hot, while this one will be very cold and covered in ice."

The Archangel , impressed by God's work, then pointed to a land area and said, "What's that one?"

"That’s the State of North Carolina, the most glorious place on earth. There are beautiful mountains, rivers and streams, lakes, forests, hills, and plains.

The people from the State of North Carolina are going to be handsome, modest, intelligent, and humorous, and they are going to travel the world. They will be extremely sociable, hardworking, high achieving, carriers of peace, and producers of good things."

Michael gasped in wonder and admiration, but then asked, "But what about balance, God? You said there would be balance.."

God smiled, "There’s Washington DC. Wait till you see the idiots I put there.

Sat Jun 27, 04:22:00 PM PDT  
Blogger Bloviating Zeppelin said...

Idiots indeed. The place is papered with them.


Sat Jun 27, 05:26:00 PM PDT  
Blogger Carlisleboy said...

I may be spotty on my postings this next week with my sister and Nephew Visiting Dutch Harbor But I really do need to get this one in here.
This will "solve" NOTHING. Even their "pseudo science" of "Global Warming" shows that this will have ABSOLUTELY NO EFFECT!
To Arms?.....
How about a few Nukes?

Sat Jun 27, 06:13:00 PM PDT  
Anonymous Anonymous said...

And...hey had your fun with the past 8 years of recklessness. Now the grown ups have stepped in to clean up the mess before this country implodes. Sit down and shut the fuck up.


Sun Jun 28, 07:08:00 AM PDT  
Blogger Bloviating Zeppelin said...

And so tell me, specifically, LD, HOW it is that Obama is going to "clean up the mess"?

Be very specific.


Sun Jun 28, 09:25:00 AM PDT  
Anonymous Anonymous said...

Mon Jun 29, 07:16:00 AM PDT  
Blogger A Jacksonian said...

Poor anonymous forgot that the White House no longer puts out documents for public consumption that were standard under the previous Administration. Nor does it keep good archives. That isn't a very 'adult' way to run a web site and keep yourself transparent. You may not have liked that Cheney talked with energy groups, but will you uphold that exact, same standard for Labor Unions, 'activists' and the like in the current Administration?

If so you have reason to worry and protest NOW as they aren't doing that NOW.

Not very 'adult' of them.

I can find better archives of the NYT, of all places, what they put out in 1899 than I can of the current Administration's output last month... not to speak of since JAN 2009. One takes an 'adult' responsibility to the public, no matter how slanted, and the other believes in 'Hope & Change' without a plan save for taxing us into deep insolvency.

The few things they have let out now demonstrate that the 'stimulus' is doing the opposite of expected. Ditto TARP which was started by their predecessor and CONTINUED by them. If it isn't working, then WHY continue it?

That isn't very 'adult'.

Adults learn from experience, learn from history, derive wisdom from someone outside of Alinsky, Che and Marx... but then adults know better than to expect government to do much of anything well. If your DMV can't keep good records, can't process them in a timely fashion, can't offer good services without a waiting line... then imagine that you are freezing to death because of cap'n'trade and YOU can't get good service, record keeping or, indeed, much of anything from the government causing your problem. Instead of imagining a magical omni-competent government, imagine an all too real omni-incompetent one that refuses to change due to 'Hope & Change'.

Hope is many things, a succor to the oppressed and the last thing left in the box when all the ills of the world were released. Do note that Hope did not do a damned thing TO the ills of the world or stop them when it had a chance.

Hope is not a strategy but a plea from someone who has none.

Hope doesn't win wars.

Hope doesn't keep the peace.

Hope sure, as hell, doesn't make you well or provide you warmth in the arctic or shade in the desert. You are up to your own devices for those things... and about all you can Hope for is that government doesn't stop you from getting them. When it interferes it is not helping no matter what the handout, no matter how nice the smile... it is the handout from the punisher, the enticement from the holder of our negative liberties that we entrust to it to defend us. Not 'help' us.

Viewing government in any other light isn't 'adult' it is childish... and it will get you killed by the kindness of the punisher. Sweetcakes and the lash... they really shouldn't go together...

'The beatings will stop as soon as morale improves.'

Thu Jul 02, 05:22:00 AM PDT  

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