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Posted on 07.02.09 by Thomas L. Knapp
“In sum, serious people understand the [Waxman-Markey “cap and trade”] legislation will hurt the U.S. economy, reduce the standard of living and yet not accomplish its claimed intent; therefore, why were so many members of Congress willing to vote for it? Are they idiots, or do they have another agenda? Yes, a few are not that bright, but many more see this as an opportunity to extract wealth from one group of Americans, give it to other groups of Americans they favor, and to their political cronies who will reward them in campaign contributions and in other ways — both seen and unseen. They are willing to engage in more tax oppression in exchange for more political power to themselves.” (07/02/09) Link: http://www.cato.org/pub_display.php?pub_id=10327 Filed under: RRND Commentary and Twitter-Worthy | Report Bad Link Bookmark this post in Furl or Del.icio.us | |









