I’m sorry to say that Obama meant what he said in the campaign; most of our fears about the policies of President Obama are being fulfilled:
- Massive new energy taxes – Cap and Trade.
- No opposition – Complete Democratic control of Congress.
- Questionable Supreme Court Nominees
- A radical Marxist agenda – Takeover of major US companies and government-controlled healthcare.
And this Presidency is still young.
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Given Obama’s plans for significantly-increased spending, many have wondered where the new tax revenue that will be required will come from. We know about the new taxes on the “rich”, but certainly the hundreds of billions can’t all come from there.
An interview with Obama from almost a year ago tells the tale. In it, Obama talks about his energy policy and his plans to adopt Al Gore’s “Cap and Trade” system. But we should let him speak for himself:
“Let me sort of describe my overall policy… What I’ve said is that we would put a cap and trade system in place that is as aggressive if not more aggressive than anybody else’s out there…”
“Every unit of carbon or greenhouse gases that is emitted would be charged to the poluter…”
“So if somebody wants to build a coal-powered power plan, they can. It’s just that it will bankrupt them because they’re gonna be charged a huge sum…”
Now whenever producers are taxed, these new taxes must be passed on to consumers – you and I. Since about 50 percent of US electricity production comes from coal, we’re talking about potentially huge increases in the cost of energy in the US.
So let’s be clear. Obama’s policies require not just new taxes on the rich. They are new taxes on everyone.
I hope America knows what its doing.
As anyone who has been monitoring the news or the value of their 401K’s has witnessed, shock waves have been going through the U.S. banking system and economy. Home loan crisis, investment banking collapse, and what next?
Now let me be the first to say that I don’t claim to be a Prophet of God. But, with a little understanding, the current crisis looks more and more like pages from the Bible’s book of last things – the book of Revelation:
“Fallen! Fallen is Babylon the Great! She has become a home for demons and a haunt for every evil spirit, a haunt for every unclean and detestable bird. For all the nations have drunk the maddening wine of her adulteries. The kings of the earth committed adultery with her, and the merchants of the earth grew rich from her excessive luxuries.” (from Rev 18:2-3, NIV)
When you consider the origins of the fractional banking system – the interest bearing system that gives out loans repaid with compounded interest, then current events become particularly interesting. Interest bearing loans where invented in ancient Babylon! more »»
Man-made global warming: Is it the largest threat to our future? Very possibly! But NOT for the reasons that you may have been told.
There is ample evidence for global warming, but doom-Sayers are telling us that greenhouse gases, produced by the burning of fossil fuels and other human
activities, are the cause - which they claim is threatening to destroy planet Earth. Is humanity the cause? The evidence challenges this assertion, but our attempts to fix the issue - by attacking the wrong problems, are indeed a very large threat!
The idea of man-made global warming will certainly allow select people to gain a power over our lives. And attempts to mitigate an improperly diagnosed cause will prevent us from effectively addressing real threats – such as those caused by scarce energy supplies and terrorism.
Now we clearly have an unhealthy reliance on Arab oil, which generates the primary funding for global terrorism. But if we fight the wrong battles, then we bankrupt ourselves and limit our options for creating energy independence. We have made the idea of man-made global warming an extreme threat; thereby translating an artificial threat into a real one that could destroy us!
But are humans causing global warming?
Did you know that evidence points to global warming on Mars also?
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