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Thread: Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says

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    Obama May Levy Carbon Tax to Cut U.S. Deficit, HSBC Says

    http://www.bloomberg.com/news/2012-1...hsbc-says.html
    Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit after winning a second term as president, according to HSBC Holdings Plc.
    A tax starting at $20 a metric ton of carbon dioxide equivalent and rising at about 6 percent a year could raise $154 billion by 2021, Nick Robins, an analyst at the bank in London, said today in an e-mailed research note, citing Congressional Research Service estimates. “Applied to the Congressional Budget Office’s 2012 baseline, this would halve the fiscal deficit by 2022,” Robins said.
    Looks like algore's carbon trading scam may come about after all.
    Benghazi was obama's proverbial '3AM phone call'.
    And, he failed miserably.


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    Bend over. Here it comes.
    God Bless America

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    keymanjim (11-07-2012)

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    you guys own OIL companies?

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    Well.. hey... as long as gays get to marry, illegals get to come in with no punishment, and women get to kill their children.
    Hope and change... hope and change...

    This is what moving forward looks like, America.
    "Firearms stand next in importance to the Constitution itself. They are the American people’s liberty teeth and keystone under independence."
    — George Washington


    "Patriotism is supporting your country all the time, and your government when it deserves it."
    — Mark Twain

    "You want to get rid of drug crime in this country? Fine, let's just get rid of all the drug laws."
    Ron Paul

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    keymanjim (11-07-2012)

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    Quote Originally Posted by truthmatters View Post
    you guys own OIL companies?
    I use a lot of their products.

    So do you. That keyboard you're tapping on isn't made of wood.
    Benghazi was obama's proverbial '3AM phone call'.
    And, he failed miserably.


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    Think he'll get it past the House?

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    Quote Originally Posted by GrassrootsConservative View Post
    Well.. hey... as long as gays get to marry, illegals get to come in with no punishment, and women get to kill their children.
    Hope and change... hope and change...

    This is what moving forward looks like, America.
    I was talking to a few from the largest black Christian group in SC and they are devastated by the results. It's like I told them, "we are in this world but not of this world". We need not worry, He never wanted us to. I know they get a little upset with me at times but they have to remember His words. "He will never leave you nor deceive you".

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    Quote Originally Posted by truthmatters View Post
    you guys own OIL companies?
    No but we drive cars and the cost will be passed to us...you too if you drive, but you want to give him all your money just like anyone in a cult would.



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    Quote Originally Posted by Taxcutter View Post
    Think he'll get it past the House?
    Not a chance in Hell.



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    I know they are getting ready to try and impeach the President. They knew of the attack that is why they were all in the room 10 minutes before the attack. Even if it gets past the house it probably won't in the senate. They had a drone watching the whole event and told the general to stand down. He was going ahead anyway and the next in command took over and said he could not go against the White House. We are looking at a corrupt White House with the department of defense, Clinton ect. This attack was not spontaneous, they were well equipped by our guns ect. It went wrong they were suppose to capture him and trade him.

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