Archive for August 5th, 2009

This has become a common tactic in the current White House administration.  If they disagree with your policy proposals, then bully the dissenters around.

Along with all of the other proposed laws and regulations Obama’s gang is throwing at the public, there is proposed financial regulations that would, amongst other things, give the federal reserve bank more power and control over financial markets.  Federal regulators have not responded at a pace acceptable to Treasury Secretary, Tim Geithner.  So, Tim Geithner approaches the issue with the discretion I’d expect from any corrupt administration.  As reported by Reuters, he cussed them out.

According to the newspaper, Friday’s roughly hour-long meeting was unusual because of Geithner’s repeated obscenities and his aggressive posture toward regulators generally deemed independent of the White House.

The newspaper said Geithner told attendees that the administration and Congress set policy. It also said the Treasury Secretary, without singling out officials, raised concerns about regulators who have questioned the wisdom of giving the Fed more power.

Reuters reports that the White House, in an attempt to pave way for the public’s acceptance of the proposed cap and trade bill, ramped up it’s propaganda claiming consumer’s wallets will be minimally affected.

heating oil and other bills for average families will rise $114 in 2020 and $288 in 2030, according to the Energy Information Administration, the country’s top energy forecaster.

However, the non-partisan Government Accountability Office (GAO), which I trust more than the EPA or EIG, states the following:

At a hearing on Capitol Hill, the Government Accountability Office, an arm of Congress, concluded that “consumers will bear most of the costs of a cap and trade system” as companies pass along their increased energy costs.

Are there any Democrats speaking out against the cap and trade legislation? Here’s what a House member from AR has to say:

Democrat Blanche Lincoln drove that point home during the hearing, calling the House-passed bill “deeply flawed” and one that would hurt rural areas like her home state of Arkansas.

Then you get more of the propaganda from rabid liberal John Kerry.  He claims that there’s an effort to scare the public by overestimating the cost to taxpayers and that if the cap and trade bill does not pass, the EPA will will enact carbon regulations that will be more punishing to companies.

So, the bottom-line is, at this point, no one knows the result will be if this onerous legislation is enacted.  If they can’t scare the taxpayer into accepting it, then they will just bypass them and threaten industry until they cave in.  Either way, we all lose with this cap and trade bill.

Apparently in an attempt to squelch state leaders criticism of the failed stimulus, Rahm Emaunuel directed cabinet members to fire off threatening letters to address it. In an effort to investigate these Chicago-style political tactics, Darrell Issa has filed a complaint asking for the matter to be investigated. What do you expect from the mobster-like thugs in the White House.

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