Obama says that he is the most transparent president in history.
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.
Obama May Levy Carbon Tax to Cut the U.S. Deficit, HSBC Says – Bloomberg
h/t to Marc Morano
Julia will be so proud.
Of course this could never happen in the US
http://youtu.be/bm64E5R12s8
or maybe it could happen
‘In his last official act of business in 2011, President Barack Obama signed the National Defense Authorization Act from his vacation rental in Kailua, Hawaii. In a statement, the president said he did so with reservations about key provisions in the law — including a controversial component that would allow the military to indefinitely detain terror suspects, including American citizens arrested in the United States, without charge.’
http://abcnews.go.com/blogs/politics/2011/12/with-reservations-obama-signs-act-to-allow-detention-of-citizens/
I hope you enjoyed your last expensive presidential election. Now he is King all this campaign money can be saved
Obama stop lying ??? Inconceivable !!!!!
Fortunately, the Republicans can still stop any such legislation. That is all we need, a tax on energy when it is already expensive and another commodity trading scam where insiders can skim billions off the top.
It won’t be a tax. It will be a “fine” levied by the USEPA for emitting “pollution” (CO2). This gets it past the House.
I was buying a coffee this morning in the Amsterdam airport, and the lady behind the counter, assuming I was American, was ever so happy at Obama’s re-election.
It semed to break her heart when I told her that Obama has not done a good job to date; it was not Bush’s fault; and that it was unlikely that Obama’s performance would improve.
I have have only a limited sample of course, but it seems Europeans are happier with the election than most Americans.
Flexibility! Forward! F$%^&d!
My bet is that everyone will get a carbon tax eventually – not because of BS greenhouse gas emissions – but because western governments have stuffed up their economies in so many ways they are all crying out for revenue to plug the huge holes in their budgets – and a carbon tax hides the impost and gives the spin doctors convenient scapegoats to blame.
I worry that here in Australia the carbon tax will stay no matter if the opposition win the coming election because the current government squandered our impressive fiscal position on worthless initiatives – many green – instead of sound investment in Nation building infrastructure and the treasury coffers are now not only empty but the future is mortgaged.
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.
Can I assume that this is the same Honk Kong and Shanghai Banking Co.?
this one –
HSBC has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. As of 6 July 2012 it had a market capitalization of £102.7 billion, the second-largest of any company listed on the London Stock Exchange. It has secondary listings on the Hong Kong Stock Exchange (where it is a constituent of the Hang Seng Index), the New York Stock Exchange, Euronext Paris and the Bermuda Stock Exchange.
And –
A U.S. fine for violating federal anti-money laundering laws could cost HSBC Holdings significantly more than $1.5 billion.