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July 14, 2009
The 'Cap And Tax' Dead End ....by Sarah Palin
The 'Cap And Tax' Dead End
By Sarah Palin
Tuesday, July 14, 2009
There is no shortage of threats to our economy. America's unemployment rate recently hit its highest mark in more than 25 years and is expected to continue climbing. Worries are widespread that even when the economy finally rebounds, the recovery won't bring jobs. Our nation's debt is unsustainable, and the federal government's reach into the private sector is unprecedented.
Unfortunately, many in the national media would rather focus on the personality-driven political gossip of the day than on the gravity of these challenges. So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind and where my focus will be:
I am deeply concerned about President Obama's cap-and-trade energy plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.
American prosperity has always been driven by the steady supply of abundant, affordable energy. Particularly in Alaska, we understand the inherent link between energy and prosperity, energy and opportunity, and energy and security. Consequently, many of us in this huge, energy-rich state recognize that the president's cap-and-trade energy tax would adversely affect every aspect of the U.S. economy.
There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn't lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America's economy.
Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up energy sector, to the tune of $4.2 billion over eight years. So much for creating jobs.
In addition to immediately increasing unemployment in the energy sector, even more American jobs will be threatened by the rising cost of doing business under the cap-and-tax plan. For example, the cost of farming will certainly increase, driving down farm incomes while driving up grocery prices. The costs of manufacturing, warehousing and transportation will also increase.
The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics.
The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their electricity bills will "necessarily skyrocket." So much for not raising taxes on anyone making less than $250,000 a year.
Even Warren Buffett, an ardent Obama supporter, admitted that under the cap-and-tax scheme, "poor people are going to pay a lot more for electricity."
We must move in a new direction. We are ripe for economic growth and energy independence if we responsibly tap the resources that God created right underfoot on American soil. Just as important, we have more desire and ability to protect the environment than any foreign nation from which we purchase energy today.
In Alaska, we are progressing on the largest private-sector energy project in history. Our 3,000-mile natural gas pipeline will transport hundreds of trillions of cubic feet of our clean natural gas to hungry markets across America. We can safely drill for U.S. oil offshore and in a tiny, 2,000-acre corner of the Arctic National Wildlife Refuge if ever given the go-ahead by Washington bureaucrats.
Of course, Alaska is not the sole source of American energy. Many states have abundant coal, whose technology is continuously making it into a cleaner energy source. Westerners literally sit on mountains of oil and gas, and every state can consider the possibility of nuclear energy.
We have an important choice to make. Do we want to control our energy supply and its environmental impact? Or, do we want to outsource it to China, Russia and Saudi Arabia? Make no mistake: President Obama's plan will result in the latter.
For so many reasons, we can't afford to kill responsible domestic energy production or clobber every American consumer with higher prices.
Can America produce more of its own energy through strategic investments that protect the environment, revive our economy and secure our nation?
Yes, we can. Just not with Barack Obama's energy cap-and-tax plan.
.
Wild Thing's comment........
Go Sarah!!
“The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics.”
Good one Sarah! This is terrific ! LOL I love it! I think a little bit of Ann Coulter (who also is very much for Sarah), has been rubbing off on Sarah. Love the sarcasm coming from Sarah. I can’t wait til she is unleashed. She isn’t even unleashed yet and she is smacking Obama left and right. Imagine what happens after July 26th, Obama will have to find a bunker to hide in.
This is the path that Reagan took while he was in the wilderness: op-eds, radio spots and speeches.
"So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind and where my focus will be:"
Excellent!
Posted by Wild Thing at July 14, 2009 05:55 AM
Comments
Thank you for posting this. And the picture. That is how Sarah should have campaigned, not in McCain handler's garb. That is the real Sarah. I am going to re-post it.
Posted by: Bob A at July 14, 2009 07:06 AM
Gee, someone here said, that Sarah would fight against Cap and Trade, how prophetic of he.
Thats enough of that.
This is what she has to do, get out there and tell the people what is really going on. And that is the 'Socialization' of America. Our Liberty is at stake as it has never been before. Conservatives need a strong leader such as Sarha Palin.
Boxer, is out there claiming the 'sky' is literally falling if they fail to pass cap and tax, she's fear mongering, trying to frighten the unsuspecting into believing that this 'global warming' is actually happening. A modern day Orson Wells 'War of the Worlds', the Martians are coming. Only in Wells' novel, it was pure fiction, this is real and will destroy our country to its very fabric.
Sarah Palin sees there is no need for this, we have all the energy we need right here in America and off shore. On Rush yesterday, he announced T.Boone Pickins has gotten out of the Green energy business, he has already lost a ton of money and is not going to throw more of his own money down a bottomless rathole.
This is good news. Not the end of it but the beginning of the fight for our country.
Posted by: Mark at July 14, 2009 07:24 AM
Terrific! Gov. Palin has only JUST scratched the surface of her strengths as a gifted communicator and leader. People understand her words far more than they do wimpy's high and mighty smoke and mirrors rhetoric. This country is so fortunate to have her as a model citizen and patriot. Unlike a smarmy Chicago Southside thug, SHE is the individual people will strive to be like. The good will win out in time.
Posted by: jan at July 14, 2009 08:17 AM
Cap and Trade (crap and tirade) simply CANNOT pass. This is the dumbest bill I think I have ever heard of--how many more will lose jobs, homes, livelihoods because some moron thought this would help the economy when in actuality it hurts the economy?
Last night we had our monthly 912 meeting and since it started, we have grown from 15 people to almost 100 and many of them are young, first time voters like my daughter, who are sick of their friends spouting off the rhetoric about how good cap and trade and government run health care is going to be. We're making a difference, we're pushing back and it's starting to work.
Posted by: Lynn at July 14, 2009 08:19 AM
This is what Sarah is good at. Communicating. With no one controlling her and no political commitments, she is free to speak. As long as she can talk freely, she will lay the cards on the table. The American people can judge for themselves. By 2010, they may be ready for a real "change".
I am happy that she has promised to help the campaigns of other conservatives. She will help those that the Rinos won't. Maybe there will be another Reagan style turn in this country like 1980.
Posted by: TomR at July 14, 2009 01:13 PM
Her boot has only just BEGUN the upward swing towards The Ass and His Donkeys. They'll soon WISH she stayed as Guv'na of Alaska.
Posted by: pontiff alex at July 14, 2009 02:11 PM
Does Sarah have a campain fund yet? If I ever have any money to spare, I need to be ready.
Posted by: Odin at July 14, 2009 04:53 PM
Another aspect of Crap and Tax is the creation of another giant government buracracy. Studies of successful economies repeatedly show that economies free of governemnt regulations do better. The reasons are simple. Getting permission to do something takes time and there is an unavoidable temtation on the part of government or the individual buracrat to get something in return for giving permission. Countries that require permission to do any thing, like Inda, suffer from cooruption of public officials for this very reason. The CRA is another example of 'legal' ways governments bully private enterprize to do something in exchange for permission as when they look at the bank lending to poor and minority areas in exchange for permission to open a new branch or expand their territory. Some people, my self included, fear to think that america can fall to cooruption. Yet in the last few years people have gone to jail for corruption and people have been falsely accused and tried for corruption. Just needing permission from the government to do something introduces either potential for corruption or fear of false accusation. Dammed either way.
Posted by: Odin at July 14, 2009 05:01 PM
Odin
Sarah Palin's Political Action Committee http://www.sarahpac.com/
Does Sarah Palin have a politcal action committee?
Yes!
If you can just set asside a couple of dollars a week it helps. Me, I do ten dollars a week but then I have lived in RINOland for 25 years.
Posted by: Avitar at July 14, 2009 05:39 PM
Bob A., oh good that is wonderful to do
that. I am so glad you do things like that
we get to more people that way. yipee.
I love the photo too, very classy.
Posted by: Wild Thing at July 14, 2009 11:36 PM
Mark,LOL great comparison with Boxer
and Orson Wells.
I was so glad too that her article is
in the Washington Post, it will be seen
that way by a lot more people then if
it only was published in a conservative
publication. This has got to make the
left even more furious. heh heh
Posted by: Wild Thing at July 14, 2009 11:40 PM
Jan, your right, it is so easy to
understand her when she speaks and
like this article. None of the legal
beagle wording and talking in circles.
Loveit!
"The good will win out in time."
Posted by: Wild Thing at July 14, 2009 11:43 PM
Lynn, excellent "Cap and Trade (crap and tirade)". That is just what it is too.
Wow Lynn that is such good news about your
912 meeting. I was very impressed with
what I read about it at their website.
Posted by: Wild Thing at July 14, 2009 11:45 PM
Tom, DITTO all you said.
It feels so good to have someone that speaks
for us, for America. And to do it so clearly
is amazing. Like Reagan was like that too.
Both of them speak from their hearts.
Posted by: Wild Thing at July 14, 2009 11:47 PM
Alex, heh heh great way to put it.
Posted by: Wild Thing at July 14, 2009 11:51 PM
Odin, I was not sure, but Avitar has the
information.
Your right about the cap and trade too
there is nothing good about it.
Posted by: Wild Thing at July 14, 2009 11:54 PM
Avitar, thank you so much. This is great.
Posted by: Wild Thing at July 14, 2009 11:56 PM
