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Something to ponder about cap and trade

30 March 2009 879 views 8 Comments

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by Steve LeMaster

Question:

Who decided to pay farmers to destroy ten million acres of crops and kill six million farm animals?

If you answered FDR, then you would be correct. But, why did he do it and what was the end result?

The markets were keeping food prices too low for farmers to make enough money for a profit, thus FDR promoted higher food prices by paying farmers to plow under some 10 million acres of crops and slaughter and discard some six million farm animals, because it primarily benefited big farmers due to the fact that they had more food crops to destroy than small farms. The end result of this policy and later programs was the victimization of millions of already starving Americans.

I recently heard about a corn and soybean farmer by the name of Rex Woollen. Doing a simple Google search yielded scores of articles about this American farmer and how he is making a profit by not tilling 800 acres of his land. So, what’s the significance of this, you ask? Well, he is making about $3,000 a year (not much to him, but hey, it’s money) by preventing an estimated 470 tons of carbon (yeah, that’s plant food) from entering the atmosphere. He then banks $3,000 by purchasing “carbon credits”, which he then sells to the Chicago Climate Exchange.

So, by not growing crops, Rex Woollen gets money. Though it’s not a huge amount, it does have the potential of enormous profits if Congress passes mandatory nationwide greenhouse gas limits. Wait, it may get worse. Some state lawmakers want to allow farmers to plant trees that will let them create a separate source for carbon allowances, thus allowing them to collect offsets to sell alongside government permits on carbon markets. This means that not only can farmers earn cash by not planting food crops, they also collect money by planting non food sources.

Rewind back to the Chicago Climate Exchange for a moment. During its beginnings, who do you think was on the board of the charity that gave over a million dollars in funding?

If you answered Barack Obama, you would be correct.

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8 Comments »

  • kookiecooky said:

    I believe this is what is known as the law of unintended consequences. And the government is a past master at that game. There is precious little evidence that when the government gets involved, things get better. And they want to control healthcare. They already have nominal control of banking, auto manufacturing and too much more.
    When will Congress get a  vertebral column and start putting the people first?

  • Steve LeMaster said:

    It’s a scam. Essentially the government wants to give money to farmers that want to plant trees on their land, instead of food crops, when the world has countries with food shortages and need it. This is part of what Joanne Nova talks about in her Skeptics Handbook, when she says that this farce diverts attention from issues that matter and can be fixed.

  • kookiecooky said:

    I have been interacting on some of the “other” blogs. Why do they always use derogatory adverbs and adjectives when discussing the people who  question  their positions? And why won’t they answer a few simple questions about those positions?
    Such as, where is the scientific evidence that CO2 has any major effect on warming?
    Or, when will clouds be incorporated into the warming models? Or the ocean currents?
    Or an investigation into negative vs positive feedback?
    I thin k the term “scam” pretty much covers it!!!

  • Steve LeMaster said:

    That’s because they can’t respond in any intelligent manner. You know you have someone beat in any debate when they resort to bully tactics and downright nasty responses.

    Follow the Skeptics Handbook by Joanne Nova.

  • ItsColdInHere said:

    The most ridiculous thing about what they did is that it is still around, and now we are combining food destroying subsidies with more food destroying subsidies-but those are called “ethanol subsidies”.

  • Steve LeMaster said:

    Yup. Leave to idiot environmentalists not to look at any consequences of their actions.

  • Beatles ‘I’ll Tax the Heat, I’ll Tax Your Feet’: Britain’s a Mess with Its Punishing Taxes, We’re Not Far Behind « Frugal Café Blog Zone said:

    [...] from Taxed UK InstaPundit.com: Going Galt Michael Caine Steve LeMaster, Global Warming Skeptics: Something to ponder about cap and trade Peace and Freedom Promises: Government still spending like a drunk in a casino? Leads to anger…. [...]

  • Tacnet said:

    - We should be more concerned about Global Warming and Climate Change because Typhoons are getting much stronger and there are greater incidence of Flooding. take for example the recent Typhoon Ketsana which devastated some countries in South East Asia.

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