Cap and Trade SCAM coming soon.

The Democrats are working out the details of a massive wealth redistribution bill, all in the name of climate change. This is the liberal nirvana. You take a naturally recurring climatological phenomena and use scare tactics to stampede the great unwashed into supporting your tax and spend schemes. The looter's plan to limit greenhouse gases are not in the name of sound environmental science but in the name of more government. The Democrats want to use something known as "cap-and-trade" to lower naturally occurring emissions by 17% by 2020 and 83% by 2050.

The looters know that this is going to be expensive. So in order to offset the soaring energy costs associated with this plan ... which we will get to in a minute ... they want to create a system where the government would issue pollution allowances. These permits would then be traded in a government-designed marketplace.

Besides this artificial market, created entirely by government for government, cap-and-trade promises to cripple our economy. The Heritage Foundation has done an analysis of how this Waxman-Markey bill would affect our economy by 2035. Now 2035 might sound like a long way off .. but a child you have today will only be around 26 years ago and just starting to raise a family when that time comes. Here are their findings. Waxman's "environmental" bill would:

* Reduce aggregate gross domestic product (GDP) by $9.6 trillion
* Destroy 1,105,000 jobs on average, with peak years seeing unemployment rise by over 2,479,000 jobs
* Raise electricity rates 90 percent after adjusting for inflation
* Raise inflation-adjusted gasoline prices by 74 percent
* Raise residential natural gas prices by 55 percent
* Raise an average family's annual energy bill by $1,500
* Increase inflation-adjusted federal debt by 26 percent, or $29,150 additional federal debt per person, again after adjusting for inflation.

I will guarantee you, folks, that the government already has plans to make sure that low-income Americans will not pay a dime in increased energy costs. This will be just another notch on the entitlement belt.