As we observe and enjoy July 4th Independence Day 2009, here are some headlines from this past week that you may have missed as they got stampeded over by the media’s out of control obsession with Michael Jackson’s death….

• U.S. UNEMPLOYMENT RATE GALLOPS AHEAD OF EXPECTATIONS
• THE REAL UNEMPLYMENT RATE? TRY 15.6%
• U.S. FORECLOSURES UP WITH JOBLESSNESS
• WARREN BUFFETT: U.S. ECONOMY IN “SHAMBLES”…NO SIGN OF RECOVERY YET
• IS INFLATION OUR NEXT BIG WORRY? BIG INVESTORS THINK SO
• U.S. COMPANIES CUT PAYROLLS BY ANOTHER 473,000 IN JUNE
• U.S. MORTGAGE APPLICATIONS FALL TO 7- MONTH LOW
• HOUSE OF REPRESENTATIVES PASSES CARBON CAP AND TRADE BILL

Are You Disturbed By These Headlines?…You Should Be…Your current government’s stimulus and “big government” actions are not working, and won’t because none of it is serving to place money in the hands of the people, expand free enterprise, and provide adequate incentive to jump-start the housing market.

Furthermore, Your House of Representatives has just approved a Cap and Trade Bill by a narrow vote of  219 to 212. There were 8 Republican representatives who crossed over to vote yes for it and 40 Democratic representatives who voted against it. This is legislation that if passed will drive your monthly household utility bills and fuel expenses through the roof! In addition, if you want to sell your house it will first have to pass a government energy efficiency inspection. For most existing homes, this will require costly energy upgrades that may be cost prohibitive for many homeowners.

The basic idea for this cap and trade thing is this;… The bill sets a cap on emisions of greenhouse gases that supposedly cause global warming. By 2020, emissions must be reduced 17% over 2005 levels. By 2050, emissions must be reduced 80% or more. 

According to House Republican Leader John A. Boehner, the Cap and Trade Bill will cost the economy upwards of 2.7 million jobs, and is a “job-killing energy tax, courtesy of Speaker Pelosi. This is going to force small businesses and their workers and families to pay more for electricity, gasoline, and other products that are made in America that have high energy content.”

STOP RIGHT THERE… The basic idea of cap and trade is the false premise that global warming exists, and that it is man-made. Over 7000 climate scientists have spoken out and signed a petition that states “climate change” is not caused by man, and will happen with or without man, as it has done for thousands of years.

Bury your Emotional Red Hat somewhere and ask yourself these questions:

• Can you afford utility bills that may be higher than a mortgage payment?
• Will you be able to afford higher fuel prices for your car, maybe $4.00 to $6.00 a gallon?
• Will you be able to purchase, qualify for a loan, and make payments on a small vehicle for as long as 72 months, that may improve gas mileage, but that doesn’t meet your family’s personal or transportation needs?
• If you want to sell your home, are you prepared to spend $$ Thousands $$ of Dollars for energy improvements that the government says you must make before your home can be sold?
• Do you have the income to support sky-rocketing prices for all other goods and services that are affected by forced higher energy and fuel costs?
• Are you confident that your job is secure in an environment where costs and prices are increasing while consumer buying is decreasing, thus forcing more job losses as companies struggle to hang on to viability?
• Take another look at the Independence Day Headlines 2009…Can they get far worse with your present government’s agenda and actions?

 Cap and Trade is nothing more than one of the largest taxing ideas ever. If your Representatives and Senators are guilty of voting “yes” for this Cap and Trade travesty you must “FIRE THEM” at the next election cycle. Don’t know how they voted?  Click Here and find out. Still don’t know who your Senators and Representatives are?  Click Here…