10-02-2009, 05:36 PM
Hoofhurr Wrote:I guess the question is what are we really losing by going green? If it's American companies and our european trading partners that are benefiting then aren't we doing fine on balance?
You and I aren't losing so much, but the average American making less then 37K per year is losing a lot. I don't agree that consumers are protected. David Sokol from Mid American Energy is on record as saying "all these extra costs from cap and trade will be passed on to the consumers." This is just a fact. The utilities companies are regulated to the point where they operate on paper thin margins. Its not a matter of making the utilities eat the cost, its a matter of "there is no margin in the utilities where the cost can be eaten." The consumer is the last stop in this ride.
I wish I could find the YouTube of Sokol. Yes, to Sokol you will listen. Find it I will.
Edit:
Here's Buffet, but not really the whole thing I wanted:
[youtube]http://www.youtube.com/watch?v=FoCsFsU_irY[/youtube]
http://www.youtube.com/watch?v=FoCsFsU_irY
"Hamilton is really a Colossus to the anti republican party. Without numbers he is an host within himself. They have got themselves into a defile where they might be finished but too much security on the republican part will give time to his talents and indefatigableness to extricate them. We have had only middling performances to oppose to him. In truth when he comes forward there is nobody but yourself who can meet him. His adversaries having begun the attack he has the advantage of answering them and remains unanswered himself. For God's sake take up your pen and give a fundamental reply to Curtius and Camillas" - Thomas Jefferson to James Madison