Posts Tagged ‘cap and trade’

What agenda is advanced by bankrupting the US?

Friday, December 18th, 2009

In 2009 alone the actions of Congress and the Administration  grew the public debt by 31 percent, from $5.8 trillion to $7.6 trillion, rising from 41 percent to 53 percent of gross domestic product (GDP). The projections for the future are even more alarming.  Yet the President committed to $100 billion annually for the next decade to help poor nations fight climate change.  That one decision adds to the debt which American taxpayers will have to pay.  So, we are borrowing enormous amounts of money, largely from China, and transferring it to third world countries who steal even the food we send them to feed their people, while at the same time our government is trying to pass cap and trade legislation which will impose enormous new burdens on an economy that is already in serious trouble.

What coherent agenda is advanced by bankrupting the United States?

Forsee advocates common sense on cap and trade

Tuesday, December 15th, 2009

MU President Gary Forsee has the daunting challenge of running the four campuses in the MU system during a time of decreasing state revenues and budget shortfalls. In light of this budget crisis, he is right to oppose the proposed cap and trade legislation.  It will significantly raise energy costs and unless China, India, Japan and other industrialized countries take similar actions, it will actually increase greenhouse gas emissions. That is precisely why the United States Senate, in 1997, voted 95-0 not to enact global warming legislation that burdened our economy unless other nations did the same.

Gary Forsee is being an outspoken advocate for common sense – something that often gets lost in Washington.