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Compromise? He's going to circumvent Congress and stick a gun to the head of the American people with the EPA.
Yeap. Look at how much people those unelected people have. The Fed Chairman, not elected by the people is the most powerful person in the world. You might not agree so. Here is one example what they can do, remove margin from the margin and see how big a dive equity will be. Or they announce they are monetize all US debt tomorrow. Overnight, every become 5 or 10x more expensive.
Now, we have EPA, basically they can go shut down everyone's business and squeezed out all the little business. Why not big business? Well, if they are smart, they wouldn't work for the government. They can only go bully the little guy who has very little power or funds to fight back.
Please tell me how the EPA is going to create the equivilant of the Cap and Trade plan.
My personal take on Global Warming is that it is happening because of the burning of previously geologicaly sequestered carbon raising the CO2 greenhouse gas concentration in the atmosphere. They is adaquate evidence, all previously considered on this board, for my conclusion.
I personally could care less if the atmosphere and oceans are heating up. I don't own ocean front property and don't expect to live long enough to notice the changes. Let next few generations take care of the situation. TS nobody ever said we were going to leave them a habitable planet.
The EPA does not need Congress nor the President to declare something is "bad" and set goals, benchmarks, regulations, fines.
The Supreme Court determined that the EPA can regulate greenhouse gases as part of the Clean Air Act. The EPA acted and declared such right before Copenhagen. So we don't need Cap&Trade to set standards; we have the EPA that can do that now.
"On December 7, 2009, the Agency responded to the Supreme Court's 2007 ruling by releasing its final findings on greenhouse gases, declaring that "greenhouse gases (GHGs) threaten the public health and welfare of the American people". The finding applied to the "six key well-mixed greenhouse gases": carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride.
The EPA has the golden key. They have more power than the people, the government, or GOD.
And they wielded that power in Texas. The EPA did not like the state air pollution permits and said the more stringent Federal guidelines had to be followed or plants would be shut down.
Took months of meetings and talks to get a compromise. The EPA did not approach Texas and say "Hey you need to change this within X time"..they took the strongarm approach.."change or shut down now".
And they wielded that power in Texas. The EPA did not like the state air pollution permits and said the more stringent Federal guidelines had to be followed or plants would be shut down.
Took months of meetings and talks to get a compromise. The EPA did not approach Texas and say "Hey you need to change this within X time"..they took the strongarm approach.."change or shut down now".
And with that little was accomplished but higher cost, which was directly passed on to the consumer, making it cost that much higher to buy.
Obama once again shows that he is willing to compromise. Will Republicans give him credit for it?
Shakes head! You are much smarter than this!
He is dropping this because they don't want to lose the Senate too and he wants to be re-elected in 2 years!
With the house being lost they are scared! Only a small portion of Senators were up for e-election they know that if more had been open they would have lost the Senate too!!!!!
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