HR 2454, The Waxman-Markey “American Clean Energy And Security Act of 2009″ was passed out of the Commerce Committee on Thursday night.  This bill institutes “Cap & Trade”, which is the Governments version of the Enron ponzi scheme revolving around the trading of “credits” to “offset” the production of earth destroying carbon dioxide. You know, that stuff you exhale and trees and plants need to make food to thrive and which they transform inot oxygen , yeah that gas you would die without.

What the bill actually does is that it institutes a MASSIVE STEALTH TAX ON GLOBAL WARMING already stated funds from Cap & Trade will be his foundation for Health Care Reform aka Obama’s SOCIALIZED MEDICINE.  Obama is counting on the $634.0 billion annual taxes raised under the Waxman-Markey-Pelosi_Reid-Obama ponzi scheme meant to prevent the failure of the Roosevelt ponzi scheme called Social Security, Medicare, Medicaid.  Remember, it is just to big to fail.  So we will have full blown government control over 80% of the Banks in the country, Full control over General Motors (except for the disproportionate share of ownership he is trying to give to the UAW at the expense of the debt holders and stockholders contrary to law), then complete government control over the gas you exhale by taxing the production of CO2.

The Heritage Foundation, who has been researching the bill since it was introduced in February, has this to say about the  MASSIVE STEALTH TAX ON GLOBAL WARMING :

The cap-and-trade tax proposed by Reps. Henry Waxman (D-CA) and Edward Markey (D-MA) is disguised as environmental legislation when it would have little impact on global temperatures. In fact, it is a massive energy tax that promises soaring household energy bills, major job losses, income cuts, and a sharp left turn toward big government.

Their view can be summarized with these 10 points:

1. Cap and Trade Is a Massive Energy Tax
2. It Will Not Make a Substantive Impact on the Environment
3. It Will Kill Jobs
4. It Will Cause Electricity Bills and Gas Prices to Sharply Increase
5. It Will Outsource Manufacturing Jobs and Hurt Free Trade
6. It Will Make You Choose Between Energy, Groceries, Clothing, and Haircuts
7. It Will Be Highly Susceptible to Fraud and Corruption
8. It Will Hurt Senior Citizens, the Poor, and the Unemployed the Worst
9. It Will Cost American Families Over $3,000 a Year
10. President Obama Admitted “Electricity Rates Would Necessarily Skyrocket” Under a Cap-and-Trade Program (January 2008)

Just to  emphasize Obama’s view on this:

The bill was assigned to sub-committee in February.  Conservative Democrats and Republicans were slowly killing it becasue they understood how dangerous and destructive to the U.S. economy and American households the bill really is.  Two weeks ago, Waxman pulled this bill from sub-committee and reassigned this bill to the Commerce Committee which he Chairs so he could ramrod the bill through.

Now they want to press for a vote on the floor of the House as soon as possible because they see their window of opportunity shrinking.  Democrat members from energy sensitive states  (South Dakota, Pennsylvania, North Dakota, Texas, Louisiana…et al) are beginning to seriously push back  Blue Dog Democrats wary of the deficits the restructured bill will accrete to an already swelling National Debt are also beginning to raise doubts.

The history of Cap & Trade goes back several years now. Nancy Pelosi had to remove John Dingell (D, MI) from the commerce committee chairmanship that ad responsibility for this bill due to his opposition, she replaced him with Waxman.  Here is what Dingell had to say:

This is what Charles Rangle (D, NY) had to say:

“Whether you call it a tax, everyone agrees that it’s going to increase the cost to the consumer,” said Rangel. “At the end of the day … if there’s nothing there to repay [consumers] for their financial expenditures, it might be difficult to fight Republicans who call this a tax.”

The bill will impose a MASSIVE STEALTH TAX ON GLOBAL WARMING of $ 3,900.00 annually on every American household. Of course, this is just the continuing abrogation of Obama’s promise to not raise taxes on households earning under $ 250,000 annually.  Everyone pays this tax -- every time -- you turn on a light switch or buy any product that was made with electricity made from carbon fuels.  If you cannot afford to pay this tax, you must take action.  Here are a few things you can do.

Visit the Americans for Tax Reform action center on the Globa Warming Tax and use the tool there to send a letter to your representatives.

Sign the petition to Stop the Massive Global Warming Tax.

Use this widget below to follow the bill.  Please register here and add your comments and subscribe to the thread on this.  I will be posting additional updates and other locations to take action.

Visit the Fight HR 2454 -- Global Warming Tax page and the Downloads page to get contact information for Senators and Representatives that you should focus on to stop this massive tax.

FINALLY, READ THIS AND RETWEET IT WITH THE BUTTON ABOVE.