CAP AND TRADE

By admin · July 15, 2009 · Filed in Real Estate

All homeowners should be worried about the

latest government push to pass cap and trade (cap and tax).  Notwithstanding the huge tax burden this will put on companies and individuals, there are other things within this legislation that will affect each and every homeowner in America.  Do your research.  There is a provision in this bill that will allow the State to come into your home and ascertain whether or not it meets Federal standards for efficiency.  Yes, you heard right…..they’ll be able to tell you what you need to do to bring your home up to their “standards”.

This is a huge deal for homeowners.  Say, for instance, that your home needs $8,000 worth of “updating”.  If you are unable to pay this amount, a lien will be placed on your property.  If you think I’m joking, you need to research this.  The States have all the information on your property now whether residential or commercial.  They will be able to come into your residence to check on your windows, A/C, heat supply, etc.

We should ALL be outraged.  This is a huge farce.  The only people benefiting from this legislation are companies like Goldman Sachs and people like Al Gore.  If you think the housing industry is suffering now, just let this go through and we’ll really be in a world of hurt.  In addition, while the powers that be here in the US are so concerned about “global emissions”, China, India and Mexico REFUSE to participate….how’s that going to work?  It’s an all or nothing game here.  The only ones that will lose are the American homeowners.

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