Monday, June 15
7:30 Breakfast @ Tommy's Country Ham House, 214 N. Rutherford Street, Greenville, SC
Noon Lunch @ Four Seasons, 1071 Fernwood Glendale Road, Spartanburg, SC
- The Waxman-Markey-Pelosi cap-and-trade proposal is a massive tax increase in the midst of a recession
- Free pollution permits have been allocated to the well connected
- Wall Street types are ready to profit from carbon credit trading, complete with a Federal Reserve for carbon credits.
- American manufacturing will be punished as production shifts to countries without carbon pricing mechanisms.
- There's a better way:
- Stop this cap-and-trade
- Insist that any carbon pricing mechanism be paired with an equal and offsetting tax cut
- Subject imported goods to the same pricing mechanism as domestically produced goods