Chalk up yet another failure to the Obama administration's efforts to socialize America.
Barack Hussein Obama's attempts to regulate and control this country's banking and auto industries have failed. As will his energy cap-and-tax bill, aka The BIG Lie. And Obama's health care reform bill is floundering like a fish out of water.
Never has a president done so much in such little time to undermine and threaten this country's economy!
Critics point to Obama's efforts to sneak a tax increase and regulatory scheme under the umbrella of an Energy bill as proof that Obama is doing too much too soon, and with disastrous results.
In an editorial on Washingtonpost.com, Sarah Palin, who is stepping down as Governor of Alaska to focus on family and lucrative speaking engagements, wrote:
I am deeply concerned about President Obama's cap-and-trade energy plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.
There is no denying that as the world becomes more industrialized, we need to reform our energy policy and become less dependent on foreign energy sources. But the answer doesn't lie in making energy scarcer and more expensive! Those who understand the issue know we can meet our energy needs and environmental challenges without destroying America's economy. READ MORE...
Palin also warned that the job losses now covered under a provision in Obama's cap-and-tax plan would lead to the government spending billions more in the form of welfare and handouts. Which, of course, leads to the sort of change that no one -- but Obama -- wants.