Gary North

July 2, 2009

This is standard procedure. Federal bureaucracies suppress politically controversial documents.

This time, the EPA got caught. See the Fox News video on this.

There was a news story on NewsMax on this matter.

The cap & tax bill is being pushed hard by the Obama Administration. It passed the House, just barely. Now it's the Senate's turn. If a few Democrats do not break ranks, this thing will pass. Costs of energy will rise in the United States.

The Chinese will gain an insurmountable lead on us, with two dozen nuclear plants being built and coal-fired plants by the hundreds. It opens a new one every 7 to 10 days.

India is moving almost as fast.

Energy is the future. The United States is falling behind now. It will fall behind much further if this bill gets signed into law.

We are in the final stage of the permanent crippling of America's economy. If this passes, we will never catch up with China and India, who will not abide by Kyoto or any other Western agreement. Western Europe uses more nuclear power than we do. We will be the also-rans in energy. Yet energy is the key to economic growth.