• Twitter
  • Facebook
News-Sentinel.com Your Town. Your Voice.
Opening Arguments

Thanks, but no thanks

Gov. Daniels tells President Obama to take his cap-and-trade and shove it (politely, of course):

Quite simply, it looks like imperialism. This bill would impose enormous taxes and restrictions on free commerce by wealthy but faltering powers -- California, Massachusetts and New York -- seeking to exploit politically weaker colonies in order to prop up their own decaying economies. Because proceeds from their new taxes, levied mostly on us, will be spent on their social programs while negatively impacting our economy, we Hoosiers decline to submit meekly.

The Waxman-Markey legislation would more than double electricity bills in Indiana. Years of reform in taxation, regulation and infrastructure-building would be largely erased at a stroke. In recent years, Indiana has led the nation in capturing international investment, repatriating dollars spent on foreign goods or oil and employing Americans with them. Waxman-Markey seems designed to reverse that flow. "Closed: Gone to China" signs would cover Indiana's stores and factories.

[. . .]

And for what? No honest estimate pretends to suggest that a U.S. cap-and-trade regime will move the world's thermometer by so much as a tenth of a degree a half century from now. My fellow citizens are being ordered to accept impoverishment for a policy that won't save a single polar bear.

This is a commendable stand, but it will take more than one "humble colonial" petitioning for "relief from the Crown's impositions" to mean anything. The thing about imperialism is that it is, well, imperial. A lot more governors and legislators, including more than a few Democrats, are going to have to call cap-and-trade the nonsense that it is.