Hang on to your hat, higher taxes are on the way. You won't see them on your 1040 Tax Schedule but hidden in the price of everything where there is a by-product of carbon dioxide emissions which have fraudulently been accused of causing global warming. Congressman Henry Waxman of California and Congressman Edward Markey of Massachusetts with President Obama plan to bring in new government funds by auctioning off $645 billion in permits to produce carbon dioxide. This will affect every industry. Every product made in America will increase in price to cover this new tax and it is, of course, the consumer of goods and services that will pay, meaning, all of us to give new funds for more government spending and waste.
Now if you haven't purchased your T. Boone Pickens stock in wind mill generators, you are already behind these people who are pulling the biggest fraud in history. Billions if not trillions will be made because it will affect everybody in the developed world. Climate fluctuations have been recorded for centuries and the global warming we saw before the year 2000 was the tail end of a warming cycle which has stopped and is reversing itself. Nature, not man, produces changes in the climate.
Another scary thing is the threat by the new czar of global warming to reduce voltage if there is a heat wave this coming summer so you cannot run your air conditioner. She said they did this in Socialist Europe in the year 2003 when there was a heat wave. She failed to mention that 30,000 people died from heat stroke that summer and millions of pounds of frozen food spoiled.
Carbon dioxide is the base substance for production of our food supplies through the carbon cycle. The more carbon dioxide in the atmosphere, the higher yield in crops. Oceans are the number one cleaner of the atmosphere followed by forests and grass fields and then the farmer. Obama should take his $645 tax increase and give it to the farmers and those who grow any form of plant life.