Today: The Day after -- EARTH DAY

23 Apr 2009

• GM Is shutting down most plants, all summer

Meanwhile, the stock market took another tumble which will lead more and more investors to conclude that they should put their investments in low-risk assets. I believe that buying gold will continue to intensify. I am sorry to observe my own shabby state of economy -- I have no money with which to purchase gold.

• Meanwhile, on Earth day... Cap and trade hocus-pocus

Energy Secretary Steven Chu, Transportation Secretary Roy LaHood, and EPA administrator Lisa Jackson Selling their greenware at the HoR. They promoted that it would create jobs. Lisa Jackson said: “This is a jobs bill, and it is a jobs bill that focuses our country’s energy on the growth industry of the future.” Jackson provided an early view of the Cap and Trade Bill that indicated a cost of 98 to 140 bucks per year. This is juxtaposed to what Academic studies of the bill find it would do -- For example, MIT's John Reilly found the scheme would cost 3900.00 average per household in higher energy cost and tax. This bill was based on the earlier Warner-Leiberman bill which the Heritage Foundation found would cost the economy 4.8 Trillion dollars by 2030.

The activity on the hill noted above took place on "earth day". While GM is shutting down for 3 months. If you have a brain in your head, you ought to start questioning all of your assumptions.
If the Cap and trade bill passes, who will lose their Jobs? How many? What kind? We know that energy is going to cost us more. First of all, we know it will cost more because the dollar has not fallen to it's natural value level. As the cost of fuels(home and vehicle) go up, people cut back. Keep in perspective the falling dollar, reduced consumer spending(Autos, Houses, etc), the economy will shrink further.

During testimony before congress Lahood stated the he believed the carbon taxes would create jobs, he said, especially "Green Jobs". How many of those will be created? Are they in the private sector or government? Heritage asked: What are these Green Jobs?

In regard to the cap and trade green job bill, the Heritage foundation observes: "....'green jobs' are well defined, studies show that alternative energy policies kill more jobs than they create. President Barack Obama loves to cite Spain as an example of his preferred green job future but a study released last month by researchers at Universidad Rey Juan Carlos shows that for each job created in Spain’s renewable energy industry, 2.2 jobs were destroyed elsewhere in the economy...."

• Jobs

The AP today also issued an article on job losses, worse than expected for the past month, estimating 640,000 jobs were lost

• One Term President who speaks the language?

The AP quotes the Speaking "NEWSPEAK" most of the time, at least is able to observe about himself after seeing the recent poll that indicated Amerca was headed in the right direction(more people than not viewed that the country was headed in the right direction), ""I will be held accountable," Obama said a few weeks into his presidency... You know, I've got four years. ... If I don't have this done in three years, then there's going to be a one-term proposition."

• MEANWHILE CONSTITUTIONAL CHALLENGE AND EVASION

WND reports that Obama is using his campaign treasure to snuff out legal issues related to his right to hold the reins of Government at all. The ongoing saga of Obama being challenged as not being a US Citizen atbirth continue to mount -- rather than address this by simply producing a valid birth certificate from Hawaii, he is apparently spending millions to stop the suits and challenges.

• Green Jobs

I believe in "real" green jobs. Really I do. They will be a necessity. If the Market continues to decline(and all indications are that it will and for the reasons to which I have previously alluded), then INDEED green jobs will be a necessity. Dig up your front or back yard and plant a garden and hope you still have the home by the time the produce is ready for harvest. On the other hand, the government will get involved in your self-sufficiency garden.

• Our own version of "Soylent Green" Jobs? Garden Control is People Control - To Save US from Ourselves

Joseph Stalin instituted control of food production to control the population. How about House Bill 875 is the component for more commi-tsars in the Food Safety modernization Act HR 875 -2009...Introduce by the Democrats. Yes, it will create state and federal jobs in the new department and in the administration of the program. What does it do to the rest of us?

Read it here:

http://www.govtrack.us/congress/billtext.xpd?bill=h111-875

The bill was introduced by: Ms. DELAURO (for herself, Ms. ESHOO, Ms. DEGETTE, Ms. SCHAKOWSKY, Mr. ENGEL, Ms. CASTOR of Florida, Mr. MURPHY of Connecticut, Ms. SUTTON, Mrs. LOWEY, Ms. SLAUGHTER, Mr. HINCHEY, Mr. MCGOVERN, Ms. WASSERMAN SCHULTZ, Ms. HIRONO, Mr. GRIJALVA, Mr. SCHAUER, Mr. NADLER of New York, Mr. BISHOP of New York, Ms. LINDA T. SANCHEZ of California, Mr. MCDERMOTT, Mr. RYAN of Ohio, Ms. GIFFORDS, Mr. FILNER, Mr. HALL of New York, Ms. LEE of California, Ms. PINGREE of Maine, Ms. KAPTUR, Mr. BISHOP of Georgia, Ms. MOORE of Wisconsin, and Mr. DEFAZIO) introduced the... "...Bill.

Penalties to 1 Million Dollars include produce grown by private individual gardens, local producers, organic garden and their produce, etc. Here are some key points:

(1) Enforce federal guidelines (takes it to the new department in Washington DC, thus removing
State control
(2) Effectively creates criminal (Title 18, USC) violations related to organic type farming and it's
produce.
(3) The bill has applicability to those who grow food for their own consumption and do market it

(4) Even affects meat production or processing wild game

(5) Creates a new federal bureaucracy

(6) Definitions are so broad, your "victory garden" could receive penalty to the max of the
proposed new code. (Section 206)

(7) Essential creates a food police in each state to enforce the Bill's policy. (section 207 - ie,
further denigration of the 10th amendment)

And meanwhile, GM is closing plants, more people(since I last wrote about job losses), will be laid off for summer. I pray you, to pray that GM puts a lot of people back to work come fall. They will need to: plant gardens and stave of their own total collapse in the meanwhile...

David Edwin Bell (Dai)