The Blue Board

You believe that? You actually think it was intended to reduce the deficit? Obama knew when he proposed it that it would increase it, so reducing the deficit couldn't have been his intention. His intention could have been to increase the deficit, but I think his intentions were much more sinister. I truly believe he hates America.

I'm confused on why the 535 congressmen and women are being left out of this equation. The original CBO report scored it as deficit-reducing. Gimmicks or not,it was. Political changes,whatever,it's not anymore. Something sinister? Come on. It was a terrible,Washington-esque,lobbyist-driven excuse of an act.

I'd also like to ask. Why the hate,personally,for the guy? What evidence would lead you to believe he's not just inept? Why would he hate America?

I just never thought people seriously thought this. I can understand holding a different view and being able to disprove and dislike policies.

That's an opinion, not a fact...and I don't necessarily disagree. How we are going about it, that I have some issues with.

Many people see gas companies as a predator that needs to be shot & killed. Many people see it like a cow that has to be "milked". They don't see it as what it really is the horse that is pulling the wagon. Weather u like it or not gas is the engine of our economy.

And kill this economy!

Good. Where can China and India sign up?

Cap & trade was a horrible bill. it couldn't even pass when obama had the house & senate.

Dude, this economy, as well as the entire EU's economy, is already on life support due to similar liberal hairbrain ideas. This would put it over the edge. Obama knows this. To answer your question from earlier, I'm convinced he's downright evil due to his continued support of these schemes which have no chance to do anything except leave the economy in ruins.

It isn't a least-cost, market-based solution to anything...except perhaps our annoying survival instincts that, try as he might, Obama just can't seem to get around so he can put us down for the count.

1st of all we should have been pumping crude out of Montana (Saudi 2) years ago - gas should have never reached the $2 mark.

ofcourse those making the laws /regulations own stock in OPEC , so when do expect it to change ?

Are you an economist? What experience do you have in the area of discussing the costs and benefits of cap and trade? Please do not list your 247 experience.

If a qualification for posting ITT is being an economist,then I doubt there would be much posting.

It doesn't take much research to show that cap and trade as an incentive-based measure of emission trading has been found to be the least costly solution to emissions reduction.

Instead of strict regulation and control of emitters,the cap and trade offers the companies involved the freedom to find the least costly measures to reduce or if the marginal cost is worth the price,buy credits from those that have gone under the cap.

It keeps costly,bureaucratic measures out of the market and achieves a lower cost while lowering emissions.

Below is a link to Gregory Mankiw's (Harvard economics professor, was on the council of economics advisors to Bush,advises Romneys campaign and his book is widely used---also considered conservative) blog post in relation to a survey of economists in the textbook on economics he wrote. Check out #14 on the list.

See now you went too far. You are CLEARLY trolling. I'm done with this fool.