Cap and trade, in other words, is a scheme to redistribute income and wealth — but in a very curious way. It takes from the working class and gives to the affluent; takes from Miami, Ohio, and gives to Miami, Florida; and takes from an industrial America that is already struggling and gives to rich Silicon Valley and Wall Street “green tech” investors who know how to leverage the political class.
In essence, Obama has found a way to fund his socialist programs, AND get them paid for by the very people who are most likely to be opposed to them, while those who are most likely to be in favor of (and use) them, will pay very little if anything for them. How ironically convenient.
Welcome to the newest form of involuntary servitude – EcoSlavery.