Monday, April 6, 2009

Cap and Trade Loses in Senate

You may have missed this since the main stream media is too busy covering Obama's European tour; it seems that the cap and trade scheme that Obama and environmentalists have been pining for has hit a snag in the Senate; Democrats will not be able to ram it through with a simple majority. Senators from manufacturing states, even Democrats, know that the cap and trade scheme would be a major blow to their base and the 2010 mid-term elections aren't that far off for constituents to forget how some Senators voted away their economy--they obviously know where their bread is buttered.

The above chart provided by the Heritage Foundation.

1 comment:

Harrison said...

Thank goodness! It didn't work under Clinton and hopefully it'll be dead under Obama. That giant sucking sound we almost heard was the money being taken from the wallet's of Americans and the jobs going to countries that don't play the shell game of making things more "green."