Comments on: Cap and Trade and Trusting Congress (Mistake) http://capitolcommentary.com/2009/07/03/cap-and-trade-and-trusting-congress-mistake/ A smaller government is a better government. Sat, 11 Feb 2012 17:32:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Harrison http://capitolcommentary.com/2009/07/03/cap-and-trade-and-trusting-congress-mistake/#comment-915 Harrison Sat, 04 Jul 2009 17:33:44 +0000 http://harrisonprice.com/?p=1604#comment-915 Who says? Economists, The Denver Museum of Science, the government (why offer tax credits and subsidies otherwise), and the experiences of countries that pour tons of money into it like Spain. You will create "green" jobs but destroy 3 or 4 traditional ones for every one you replace them with. The government never gets "free" interest loans... no such thing. Who says? Economists, The Denver Museum of Science, the government (why offer tax credits and subsidies otherwise), and the experiences of countries that pour tons of money into it like Spain.

You will create “green” jobs but destroy 3 or 4 traditional ones for every one you replace them with.

The government never gets “free” interest loans… no such thing.

]]> By: Bob http://capitolcommentary.com/2009/07/03/cap-and-trade-and-trusting-congress-mistake/#comment-914 Bob Sat, 04 Jul 2009 17:28:25 +0000 http://harrisonprice.com/?p=1604#comment-914 Who says alternative energy isn't profitable? Natural gas, solar power, wind power are all profitable. Also the jobs these loans will create will result more taxmoney going back to the government. Also, it wasn't stated if these will be interest free loans or low interest loans. Assuming they are low interest loans, the government should be repaid in full plus any interest. Creating alternative energy and more jobs never sounds stupid. Who says alternative energy isn’t profitable? Natural gas, solar power, wind power are all profitable. Also the jobs these loans will create will result more taxmoney going back to the government. Also, it wasn’t stated if these will be interest free loans or low interest loans. Assuming they are low interest loans, the government should be repaid in full plus any interest. Creating alternative energy and more jobs never sounds stupid.

]]> By: burro http://capitolcommentary.com/2009/07/03/cap-and-trade-and-trusting-congress-mistake/#comment-913 burro Sat, 04 Jul 2009 03:44:57 +0000 http://harrisonprice.com/?p=1604#comment-913 Since alternative energy isn't profitable, how will this power authority generate enough wealth to pay the money and the interest back? The answer to this question is the definition of a ponzi scheme. .-= burro´s last blog ..<a href="http://feedproxy.google.com/~r/TheIndependentBloghorn/~3/c50Dx2M2CJA/" rel="nofollow">Cigarette Butts Between the Cobblestones</a> =-. Since alternative energy isn’t profitable, how will this power authority generate enough wealth to pay the money and the interest back? The answer to this question is the definition of a ponzi scheme.
.-= burro´s last blog ..Cigarette Butts Between the Cobblestones =-.

]]> By: Harrison http://capitolcommentary.com/2009/07/03/cap-and-trade-and-trusting-congress-mistake/#comment-912 Harrison Sat, 04 Jul 2009 01:22:07 +0000 http://harrisonprice.com/?p=1604#comment-912 Yeah which will mean a few hundred million in interest not to mention this is but one example out of 320 pages which could mean who knows how many other "loans." Where do you think that money will come from? Your children's future. It is not "free money" but rather pork driven politics. For example, Obama's $787 billion "stimulus" totals out to $1.24 trillion once the interest is factored in. And lets look at why this "loan" is needed to begin with... because Cap and Trade will do great economic harm and this is to offset some of that damage. So why take the money away with taxes only to repay it with loans that have to be paid back? Doesn't that sound stupid to you? Yeah which will mean a few hundred million in interest not to mention this is but one example out of 320 pages which could mean who knows how many other “loans.” Where do you think that money will come from? Your children’s future. It is not “free money” but rather pork driven politics.

For example, Obama’s $787 billion “stimulus” totals out to $1.24 trillion once the interest is factored in.

And lets look at why this “loan” is needed to begin with… because Cap and Trade will do great economic harm and this is to offset some of that damage. So why take the money away with taxes only to repay it with loans that have to be paid back? Doesn’t that sound stupid to you?

]]> By: Bob http://capitolcommentary.com/2009/07/03/cap-and-trade-and-trusting-congress-mistake/#comment-911 Bob Sat, 04 Jul 2009 00:48:19 +0000 http://harrisonprice.com/?p=1604#comment-911 Let me get this straight, this is a power authority for $3.5 billion to lend taxpayer money to energy renewal and economic development projects in Ohio and other states. Unless I'm mistaken, that means this money will be a loan and will be paid back. Where is the pork? .-= Bob´s last blog ..<a href="http://bobgold08.blogspot.com/2009/06/another-unhappy-republican.html" rel="nofollow">Another Unhappy Republican</a> =-. Let me get this straight, this is a power authority for $3.5 billion to lend taxpayer money to energy renewal and economic development projects in Ohio and other states. Unless I’m mistaken, that means this money will be a loan and will be paid back. Where is the pork?
.-= Bob´s last blog ..Another Unhappy Republican =-.

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