Obama - electricity rates will skyrocket..
 

because he's a f**king economic moron.

In his own words:

"The problem is not technical, uh, and the problem is not mastery of
the legislative intricacies of Washington. The problem is, uh, can you
get the American people to say, “This is really important,” and force
their representatives to do the right thing? That requires mobilizing
a citizenry. That requires them understanding what is at stake. Uh,
and climate change is a great example.

You know, when I was asked earlier about the issue of coal, uh, you
know — Under my plan of a cap and trade system, electricity rates
would necessarily skyrocket. Even regardless of what I say about
whether coal is good or bad. Because I’m capping greenhouse gases,
coal power plants, you know, natural gas, you name it — whatever the
plants were, whatever the industry was, uh, they would have to
retrofit their operations. That will cost money. They will pass that
money on to consumers.

They — you — you can already see what the arguments will be during the
general election. People will say, “Ah, Obama and Al Gore, these
folks, they’re going to destroy the economy, this is going to cost us
eight trillion dollars,” or whatever their number is. Um, if you can’t
persuade the American people that yes, there is going to be some
increase in electricity rates on the front end, but that over the long
term, because of combinations of more efficient energy usage, changing
lightbulbs and more efficient appliance, but also technology improving
how we can produce clean energy, the economy would benefit.

If we can’t make that argument persuasively enough, you — you, uh, can
be Lyndon Johnson, you can be the master of Washington. You’re not
going to get that done."

http://www.eyeblast.tv/public/checker.aspx?v=e46U2Gnzpr

Price shocks on energy is the last thing this economy needs. It would
be worse than the taxes Obama promises to impose on investment, and
would have the same depressive effect. It’s an utter disaster.