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H.R. 6049 Energy Bill

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  • DGHarrison
    Re: H.R. 6049 Can anyone tell me what might be wrong with the series of bills now before Congress that relate to the Renewable Energy and Job Creation Act of
    Message 1 of 4 , Sep 24, 2008
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      Re: H.R. 6049

      Can anyone tell me what might be wrong with the series of bills now before Congress that relate to the Renewable Energy and Job Creation Act of 2008? Are there any poison pills contained in the proposed legislation that should have a liberty fellow like me oppose it? The Senate version passed nearly unanimously (93-2) yesterday. Perhaps Prof. Thies is monitoring this issue and can comment?

      http://thomas.loc.gov/cgi-bin/query/D?c110:1:./temp/~c110SPNimy::
      http://thomas.loc.gov/cgi-bin/query/D?c110:2:./temp/~c110SPNimy::
      http://thomas.loc.gov/cgi-bin/query/D?c110:3:./temp/~c110IJi4RQ::
      http://thomas.loc.gov/cgi-bin/query/D?c110:4:./temp/~c110SPNimy::

      Doug Harrison
      New Hope, MN


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    • DGHarrison
      I see that the links to the four versions of the House bill have expired for my session with Thomas. To view the bill for yourself, go to
      Message 2 of 4 , Sep 24, 2008
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        I see that the links to the four versions of the House bill have expired for my session with Thomas. To view the bill for yourself, go to http://thomas.loc.gov/ and enter H.R. 5049 in the search box (remember to click Bill Number below the search box).

        Doug

        Re: H.R. 6049

        Can anyone tell me what might be wrong with the series of bills now before Congress that relate to the Renewable Energy and Job Creation Act of 2008? Are there any poison pills contained in the proposed legislation that should have a liberty fellow like me oppose it? The Senate version passed nearly unanimously (93-2) yesterday. Perhaps Prof. Thies is monitoring this issue and can comment?

        http://thomas.loc.gov/cgi-bin/query/D?c110:1:./temp/~c110SPNimy::
        http://thomas.loc.gov/cgi-bin/query/D?c110:2:./temp/~c110SPNimy::
        http://thomas.loc.gov/cgi-bin/query/D?c110:3:./temp/~c110IJi4RQ::
        http://thomas.loc.gov/cgi-bin/query/D?c110:4:./temp/~c110SPNimy::

        Doug Harrison
        New Hope, MN

        --- Get FREE High Speed Internet from USFamily.Net! ---


        --- Get FREE High Speed Internet from USFamily.Net! ---

      • westmiller@aol.com
        Posted by: DGHarrison ... Every time Congress passes out rewards (even in the form of tax credits) for specific conduct, it is distorting the free market.
        Message 3 of 4 , Sep 25, 2008
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          Posted by: "DGHarrison"
          > Can anyone tell me what might be wrong ...
           
          Every time Congress passes out rewards (even in the form of tax credits) for specific conduct, it is distorting the free market. Their ethanol mandates have caused corn prices (and substitute food prices) to double or triple. Business tax credits for "Renewable Energy" projects force investment into uneconomic production that benefits no one beyond con artists and politicians.
           
          As an example, T. Boone Pickens advertises his "plan" on television, not because he has an efficient and valuable product, but because he wants to persuade politicians to spend tax dollars to make his investments profitable. He owns a lot of useless desert land in rural Texas, where it happens to be windy. He thinks he might be able to build a wind farm that could be profitable ... if he didn't have to pay for transmission lines. So, he wants politicians to invest billions of taxpayer dollars in building "free" government infrastructure that could make his windmills profitable (but only with the taxpayer subsidies like HR 6049).
           
          While the politicians are working on that, he wants a "bridge program" that will use government to force consumers to buy "CNG" ... same as the old "LNG" ... for their cars. Nobody in their right mind would buy such a car, because it's a highly explosive compressed gas bomb that gets lower miles-per-gallon than gasoline. So, he needs government to *force* consumers to buy the natural gas that he owns, or has bought futures in, because he's not making much profit. He needs a con job for eco-freaks, at taxpayer expense, to line his pockets.
           
          In any case, I don't think it's useful to consume space on RLC-Action discussing specific pieces of legislation. They are intentionally complex laws, written by people who will profit from them, and almost always a gross infringement of individual rights and distortions of free markets.
              
          Bill




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        • DGHarrison
          Thanks, Bill. I d forgotten the prime directive. It seems that we could oppose ALL legislation and be better for it, and it reminds me why gridlock in
          Message 4 of 4 , Sep 25, 2008
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            Thanks, Bill. I'd forgotten the prime directive. It seems that we could oppose ALL legislation and be better for it, and it reminds me why gridlock in Washington and a "Do Nothing" Congress are good things. As for the specific legislation in question, it is indeed a complex bill. I suppose buried in there somewhere is a carbon trade and cap program and a bunch of other crap that will distort the free market and ensnare us for generations to come.

            Doug Harrison
            Minnesota

            Posted by: "DGHarrison"
            > Can anyone tell me what might be wrong ...
             
            Every time Congress passes out rewards (even in the form of tax credits) for specific conduct, it is distorting the free market. Their ethanol mandates have caused corn prices (and substitute food prices) to double or triple. Business tax credits for "Renewable Energy" projects force investment into uneconomic production that benefits no one beyond con artists and politicians.
             
            As an example, T. Boone Pickens advertises his "plan" on television, not because he has an efficient and valuable product, but because he wants to persuade politicians to spend tax dollars to make his investments profitable. He owns a lot of useless desert land in rural Texas, where it happens to be windy. He thinks he might be able to build a wind farm that could be profitable ... if he didn't have to pay for transmission lines. So, he wants politicians to invest billions of taxpayer dollars in building "free" government infrastructure that could make his windmills profitable (but only with the taxpayer subsidies like HR 6049).
             
            While the politicians are working on that, he wants a "bridge program" that will use government to force consumers to buy "CNG" ... same as the old "LNG" ... for their cars. Nobody in their right mind would buy such a car, because it's a highly explosive compressed gas bomb that gets lower miles-per-gallon than gasoline. So, he needs government to *force* consumers to buy the natural gas that he owns, or has bought futures in, because he's not making much profit. He needs a con job for eco-freaks, at taxpayer expense, to line his pockets.
             
            In any case, I don't think it's useful to consume space on RLC-Action discussing specific pieces of legislation. They are intentionally complex laws, written by people who will profit from them, and almost always a gross infringement of individual rights and distortions of free markets.
                
            Bill




            Looking for simple solutions to your real-life financial challenges? Check out WalletPop for the latest news and information, tips and calculators.


            --- Get FREE High Speed Internet from USFamily.Net! ---

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