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Mike Enzi- 189,046 votes '08 (Obama's "partner") says cap & trade..a ponzi scheme

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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-21-09 08:20 PM
Original message
Mike Enzi- 189,046 votes '08 (Obama's "partner") says cap & trade..a ponzi scheme
Edited on Fri Aug-21-09 08:23 PM by SoCalDem
http://billingsgazette.com/news/state-and-regional/wyoming/article_6d5b0f10-8d3c-11de-9c38-001cc4c03286.html



Enzi, Barrasso call on industry to work with colleagues elsewhere
Senators say they’ll fight cap-and-trade legislation



DUSTIN BLEIZEFFER Casper Star-Tribune Thursday, August 20, 2009 12:00 am



CASPER - The cap-and-trade legislation before Congress can achieve a 17 percent carbon reduction for a cost of about $83 per household per year, according to recent analysis by the U.S. Energy Information Administration. However, congressional leaders from carbon-intensive states such as Wyoming remain adamantly opposed to the Waxman-Markey bill, insisting that the real costs of curbing greenhouse gas emissions would further bankrupt the nation. "There's nothing good about it," said U.S. Sen. John Barrasso, R-Wyo. "I'm going to do everything to make sure it doesn't pass."

U.S. Sen. Mike Enzi, R-Wyo., said the bill is "the biggest hidden tax in America." "It's a Ponzi scheme because we're just going to print certificates for CO2 and not take care of any CO2," Enzi said. "It's just another way to make money." Enzi and Barrasso spoke at the Petroleum Association of Wyoming's annual meeting in Casper on Wednesday. The senators focused on health care and energy legislation before Congress. The U.S. House in June passed the American Clean Energy and Security Act, also known as the Waxman-Markey cap-and-trade bill. Since then, the Senate has stalled on the measure while carbon-heavy industries organize to kill it. The senators' comments were well-received by members of PAW, an oil and gas trade association. One member said the oil and gas industry was largely left out of the conversation as the Waxman-Markey bill was being drafted.

snip




Contact Dustin Bleizeffer can be reached at 307-577-6069 or dustin.bleizeffer@trib.com.

Posted in Wyoming, Top-headlines on Thursday, August 20, 2009 12:00 am Updated: 9:50 pm. | Tags: Cap-and-trade Legislation, Mike Enzi, John Barrasso
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-21-09 08:22 PM
Response to Original message
1. Right wingers say "Ponzi scheme" a lot
but I've never seen any evidence that a single one of them has any idea in the world what it really means.

Bleizeffer is no exception.
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