Cap and Trade Bill failed to pass! :-)

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Obviously the author (Nate Silver) is working with the CBO's numbers, which do not consider the primary costs of the legislation (significant reduction in GDP and jobs). All for... what, exactly? Oh yeah, to satisfy the environmental lobby. That is Washington's purpose after all- serve the organized interests that fund their endless charades.



It seems that the collective action problem gets worse over time, in line with Rousseau's theory that societies collapse because people increasingly become concerned with narrow interests rather than the greater good.



The process is only accelerated when regular people drink either side's kool-aid.



It's interesting to note that Wyoming, one of the two big per capita consumers in this chart, is where more than half of domestic coal production takes place. Alaska, the other big dog, is a big source of oil and natural gas.





 
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I'd advice you to email or call your senators and express your opinions BEFORE they vote on Cap and Trade. HR2454 This is an insane bill to solve a problem that may not exist in a way that will wreck havoc with our economy.
 
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