Note to Readers: This is a re-print from last November when I tried to sound the alarm. Read today's headlines and don't say I didn't warn you...I was hoping more folks would write Congress and the Whitehouse and stop this...too late now.
Alas, dear reader, this is another one of those blogs I had to wait on for a couple of days, to give myself a chance to cool down so that I could write rationally about it.
First of all, be forewarned! Come next July you're going to do more than watch fireworks; you're going to be creating a few of your own. It will come with your June utility bills. Here's why.
Do you all recall a time three years ago when Obama tried to pass the Cap and Trade bill? That was the bill that pretty much banned the use of coal based energy, imposed an energy surtax on every phase of manufacturing and would have tripled your home energy bills. Both Democrats and Republicans refused to support such a bill, citing the massive inflation that would be infused into every product and service, and further citing the fact that 70 percent of our energy comes from coal, and, to date, America has no substitute for coal based energy.
Well, I try to stay up to date on what Obama's big government is doing, but I was a bit shocked to learn that , once again, Obama has circumvented Congress and ordered his Environmental Protection Czar to begin imposing fines, fees and surtaxes on all coal based energy beginning 1 June 2014. (My source is Saturday's Business Section of The Arizona Republic...and not getting media attention because of the Obamacare fiasco) This was again ordered by Emperor Obama without even bothering to consult our Congressional representatives!
This latest edict was issued despite the coal industry's massive multi-billion dollar revamp of systems to reduce coal emissions. Our nation's utilities have been trying to work with the Obama administration, to no avail. For example, after having expended billions to upgrade coal emission handling, the utility companies have told the EPA that they can't have it both ways; if the EPA intends to impose massive fines beginning next June, they should at least grant tax credits for the billions already spent on upgrades. The utilities say they cannot possibly absorb the massive costs of their recent upgrades and then manage to absorb the massive fines and fees the EPA intends to implement beginning in June. Some utilities will be forced into bankruptcy and even those that survive will only survive by tripling the consumer's energy bills!
Obama has ordered the EPA to remain steadfast as he believes by punishing coal based energy he'll achieve his dream of enriching his campaign-donating solar pals. And be assured Obama has already picked his next group of "winners".
Folks, we have often complained about big government intruding into our lives...but Obama is like a multi-tentacled monster who, while completely skirting Congress, while completely ignoring the wishes of the American people, just continuously insinuates a slimy tentacle into our every day lives! And despite the unconstitutional aspect of Emperor Obama's "Czarist Dictatorship", how can he walk up to those teleprompters and proclaim that he wants to help the Middle Class? The Middle Class is already being crucified with massive increases in health care costs...and now he's going to triple your energy bills next summer! And no doubt, Obama will impose still higher taxes to pay the increased energy bills for his army of 30 million tit-suckers and welfare queens! And sadly, what scares economists the most is that these EPA imposed fines and taxes could add as much as ten percent inflation and destroy an already sick economy as literally every product and service will carry a higher price tag to pay for those increased energy costs.
Folks, whether it is the recent purging of our military leadership to accomodate a more "politically correct military", the Obamacare disaster, the auto industry bailout that costs us billions, banking, student loans or energy production, Obama has got his tentacles into everything, and in every phase of our life, and doing a bad job of managing any of it! And if even a few of these edicts are fully implemented the destruction of our economy and our way of life is assured.
Folks, it is so frustrating! You busy yourself fighting off one of those creeping tentacles and forget about all those other tentacles working toward your destruction. What to do? You have to cut the head off this monster as soon as possible! ....and pray it's not too late!
Note: If you are as surprised by this as I was, there are dozens of articles on this on the net. Just google "EPA Imposed Carbon based energy tax to go into effect in June"