Comrade Obama Admits- American Serfs you are going to pay $700 – $1,400 more for electricity each year…

I wonder if anything about this despicable man surprises anyone anymore… Sorry, too tired to spotcheck, verify and add info… However Gateway Pundit is always spot on, so here a Hat Tip to him Gateway Pundit

“Under my plan of a cap and trade system electricity rates would necessarily skyrocket. Businesses would have to retrofit their operations. That will cost money. They will pass that cost onto consumers.”

Senator Barack Obama
Speaking on his energy policies
San Francisco Chronicle
January 17, 2008

Barack Obama admitted in an interview with The San Francisco Chronicle during the campaign that cap and trade energy policy would “cause electricity prices to skyrocket.”

** Cap and trade will likely cost $700 to $1,400 dollars per family per year. 

Here’s more on this Obama business buster:

More from GP:

White House Budget Director Peter Orszag was on This Week with George Stephanopoulos. 

During his interview Orszag admitted that Obama’s proposed cap and trade energy legislation will increase energy costs for everyone:

Here’s some bad news for Orszag and Obama– You know things aren’t going so well when the NY Times AND Warren Buffet both question your budget projections.

Meanwhile, Comrade Obama, with an approval rating hovering @ 60% has unveiled a logo for his pork-a-palooza  buying of America…

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