The Right-Wing Propaganda Machines Advances CEI Attacks on Cap-and-Trade

[Joanne98]

Run time: 05:31 https://www.youtube.com/watch?v=Q_U7RDj1oRU   Posted on YouTube: September 18, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: September 18, 2009 By DU Member: Joanne98 Views on DU: 541

 

(Via http://www.mediamatters.org ) Numerous conservative media figures have seized on outdated Treasury Department memos obtained September 11 by the Competitive Enterprise Institute (CEI) to falsely suggest that the Obama administration estimates that cap-and-trade legislation recently passed by the House of Representatives would cost up to $200 billion per year or $1,761 per household, and that, in Sean Hannity's words, "they didn't tell you the truth." However, the Treasury memos do not address the current House climate change bill but, rather, a proposal that would auction 100 percent of the emissions allowances; the bill under consideration spends revenue created by the program to offset costs to households and businesses.

[midnight]

1. So cap and trade is about emissions? Those company's who

can't reign in their pollution will be penalized. Those corporations are using their mouth pieces to spread fear about them having to be accountable, and that if they do these corporations will pass it on to the tax payer? I don't know if this captures all the points of cap and trade, but is this what the complaining is all about?

[sasquuatch55]

2. Copirate shill!

nt