Among the issues most commonly discussed are individuality, the rights of the individual, the limits of legitimate government, morality, history, economics, government policy, science, business, education, health care, energy, and man-made global warming evaluations. My posts are aimed at thinking, intelligent individuals, whose comments are very welcome.

"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

05 November 2009

The Copenhagen Treaty Tax on America

Obama had his socialist heart, if a socialist has a heart, set on going to Copenhagen and showing the world that he, Obama The Great World Leader and Unifier, had dragged the U.S. under the Copenhagen Treaty world governance umbrella to both drastically reduce its irresponsible use of energy and to pay the little-advanced countries of the world a penance fee for their development.  It is now fairly clear the U.S. Congress will not give him the carbon cap and trade bill, which was to be his demonstration that he was a Global Warming Alarmist and World Governance leader, in time for the December Copenhagen meeting.

As I have often discussed, there is no Global Warming Catastrophe.  There is no reason to be concerned about the increases in carbon dioxide concentrations in the atmosphere.  There is every reason not to ration our use of energy.  There is no reason to allow the U.S. government or a World Government to tax or restrict our use of energy.

The draft Copenhagen Treaty proposes that every advanced country be taxed on its GDP.  The tax is to be 0.7%.  Such a tax on the U.S. economy with a 2008 GDP of $14.26 trillion would be $99.82 billion.  Being able to pay so much American taxpayer money to the less developed countries of the world would have made Obama feel like a very big man.  A big shot, a VIP.  Not to mention such a virtuous man.  Of course, the American People would have to pick up the tab and pay the bill for his wining and dining the rest of the world and impressing them with his leadership.

Except, of course, they would mostly really be snickering about how they pulled one off on the USA and those naive American People.  It appears that we have escaped this bullet for now.  We will have to keep a close eye on the would-be shooters for some time, however.  They have made it very clear that they are back-shooters.  We always knew the back-shooters were the bad guys in the American West.  We had better keep our eyes open.

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