Largest tax in history passed by House

Democrats were aided by 7 House Republicans. They all need to be replaced. This tax will benefit members of Congress more than anyone. Nancy Pelosi, Edward Markey and Al Gore all have invested in stocks that will only be valuable if green laws are passed, regardless of their impact on the economy. Midwestern states will suffer the most because coal is a primary source of energy production. Tea party patriots are meeting at Hood Park in Perrysburg, Ohio, on July 4 from 10 a.m. to 11 a.m. Be there!

Go to Get Out of our House for information on other efforts to purge Congress of greedy selfish interests.

Warren Buffett criticizes cap and trade

Buffett has repeatedly criticized the cap and trade tax about to be passed on Friday as detrimental to the struggling economy. Read about it at CNBC: 

Buffett repeated his criticism of "cap and trade" as a method to control pollution, saying it would be a huge, regressive tax.

Recommendation to lower standards for mortgage seekers

After all the controversy surrounding the underwater mortgage holders across the United States, Frank is ONCE AGAIN recommending that standards be lowered for those seeking mortgages for condos. This is exactly what he did that produced the initial lowering of standards and ultimate crash of the housing industry. Read about it at the WSJ: Link only

Cap & Trade can still be killed!

Call your representative! It's time! Read about cap & trade legislation at IBD. Link only

How much will cap and trade cost you?

You can figure it out here, where the Tax Foundation figures it to be 2% of your annual income, regardless of how much "carbon" you actually emit (breathe, consume). Use the link at the bottom of the article to figure your family's "contribution." Read about it here:

 A new Tax Foundation calculator now shows how much a U.S. cap-and-trade system would cost individual households annually. The Tax Household Cap-and-Trade Burden Calculator is based upon a study released in March, Tax Foundation Working Paper No. 6, "Who Pays for Climate Policy? New Estimates of the Household Burden and Economic Impact of a U.S. Cap-and-Trade System." The study shows that a cap-and-trade system designed to reduce greenhouse gas emissions by 15 percent would place an annual burden of $144.8 billion on American households. The average annual household burden would be $1,218, which would be approximately 2% of the average household income.

Cap and trade coming soon

Ever heard of cap and trade? It is a bill that will make energy costs soar in the United States. It is a scheme to tax all forms of energy..for what? So that politicians can take more taxdollars, supposedly to tax your carbon emissions. You breathe? You emit carbon. In our President's own words: 

"Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers."

Senator Barack Obama

Speaking on his energy policies

San Francisco Chronicle

January 17, 2008

Concern over huge pension costs

Unsustainable? WHOO! Read the article here; more states may be headed this way. Link only.

Fed. govt health care costs rise more than ALL health care costs

So the idea is that the government will lower health care costs by going federal. Think again. Costs rise, when run by the feds. Read about it here at Investors: Link only.

Cap & Trade-coming to the U.S. next

Soon the U.S. will experience what Great Britain is experiencing now, when Congress passes new cap and trade laws that are expected to make energy costs soar, to quote the President. Read about the UK's energy bills here: 

Taxpayer $$ used for Cash for Clunkers programs

Read about it at Pajamas Media: 

Rules are even better for trucks, a phenomenon that has more than a few green advocates seeing red. For light duty trucks (half-ton pickups and SUVs) that get less than 18 mpg, a 2 mpg improvement will earn a $3,500 voucher and a 5 mpg improvement will ring the $4,500 bell. Larger trucks (6,000-8,500 pounds) have an easier threshold — the old truck must get 15 mpg or less, but only has to improve 1 mpg for $3,500 credit or 2 mpg to pick up the $4,500 winnings. The trucks in the 8,500 to 10,000 pound class do not carry EPA fuel economy ratings, so owners can trade in their well-worn, pre-2002 big trucks for a new one and pick up $3,500 in credit for their big pickup, although those vouchers will be limited.

Meeting Announcement!

TEA PARTY

        at PERRYSBURG

 Hood Park - Downtown Perrysburg

§   July 4th

§   10 am- 11 am

 §    Calling all Patriots who are concerned about big government and high taxes

 §    If you are concerned about loose fiscal policies coming out of Washington--come and show your support

 §    "We the People" need to voice our concern. United we stand…Divided we continue to pay and pay and pay!

 §       T.E.A. ( taxed Enough Already)

 §     Please forward to everybody in your email box that might share this concern