Greek PM Says it at Last: Carbon Taxes are Just nother Way to Raise Revenue

[Parker2112]

Jesus, you aren't even coherent. First how do you come to the conclusion that a carbon tax in Europe translates to a tax on American citizens to bail out European countries?

So are you saying that any efforts to implement a carbon tax in America will be completely independent of any effort by EU?

I'm sure you understand that there is, and has been for decades, a push for a global response to climate change through the IPCC. Im sure you know that if we make carbon trading mandatory by law, much of the tax revenue will flow out of our borders to purchase carbon offsets abroad, and to implement clean tech in developing countries.

Or that was the plan anyway. Now this potential tax revenue is being viewed by world leaders as just another cash pool.... a potential windfall for broke "establishments."

The infrastructrue for these carbon markets has already been laid, and it doesnt stop at our borders. And if we do make emissions trading mandatory,odds are close to 100% the tax money will find its way off of our shores and 1) create revenue for large foreign banks, who will profit from these credits much like any other investment tool, and 2) odds are folks like this Greek Prime Minister will lobby for his country to recieve more than his fair share for bail out purposes....likely under the guise of some "green" project or carbon sink.

Much like Texas ins uted a lottery for education, then quickly used the revenue for everything but education.

Second, there is plenty of precedent and economic justification for a publicly funded aid package to foreign governments to stabilize the world economy. I don't know if that is the case here, because I didn't make the tin-foil hat leap you have and I'm not wasting my valuable time believing idiocy because someone made a funny YouTube.

Second, though you are right about existing precedent, the nature and the abuse potential for these carbon taxes is not being disclosed to the American people, while the quiet push for carbon trading continues...so your point is?

This is not tin foil hat material...this is simply big money (huge international banking) wanting to make bigger money in carbon markets(fees, income) from the backs of citizens and industry in America.

And while you dismiss me as a tin foil hat wearing conspiracy follower, you are quietly having your short and curlies exposed, buddy....

Listen guy, vie been posting here long enough and seem plenty of posters are harebrained as you come and go. My credibility on matters of economics is established, and won't be effected no matter how many blogs from people selling financial newsletters you paste.

You spouted out a bunch of sources on economic theory yesterday, but you applied jack . And then called another posters OP " ."

You served it up, now take a bite.

We all await hour response, likey in big red letters since they lend you credibility, with bated breath. I'm sure it will be earth shattering.

The big red letters were just an attempt to draw you out of chatterbox/"see-how-many-economists-I-can-name-in-one-post" mode and into the discussion. You did a little better, but for all you're "bona fide expertise," you still aren't touching more than a couple of substantive issues.