the cap-and-trade system that Obama has proposed to tax carbon emissions has twofold dangers

it may make operations too onerous for many businesses

second, it becomes an instant tax increase on everyone, because who doesn't use energy?

Businesses will pass as many costs as they can right back onto already beleaguered consumers

even more serious ripple effect, as more companies wither then go under.

as much as many people like to hear that the wealthy will get taxed more heavily, and that income will be redistributed downward, there is still the philosophical argument -- a legitimate one

rapidly taking away any incentive for anybody to invest, create, invent, or strive for something better

Why should anybody try to put forward any more effort than anybody else under the system that's evolving?

Obama's budget projects a mild recession this year with recovery next year

a little too rosy

reality check

pronto

policies destroy

incentive for

prosperity

industry

entrepreneurship

Gov

doesn't make

it takes money