Obama to Unveil New ‘Cap & Tax’ Regulations on Monday, For the Children

Obama New RegsWannabe King Obama Will Bypass Congress (Again) to Implement
his Previously Failed ‘Cap and Tax’ Plan

(Bloomberg) President Obama said today that his administration’s plan to combat global warming, climate change climate disruptions will be unveiled next week is for the children.

In 2009 and with a Democrat controlled Congress, Obama’s “Cap & Tax” plan was met with resistance and was criticized by then West Virginia Democrat Robert Byrd and died in the Senate without further consideration.

Flashback: Remember in January, 2008 when Obama told the San Francisco Chronicle that under his plan energy costs will necessarily skyrocket.

Obama’s new environmental regulations all comes at a time when the nation’s economy stalled in the 1st Qtr with GDP falling to -1%, growing inflation fears with food prices up in 2014 by 19% and a shrinking workforce according to the Bureau of Labor Statistics, which reports the labor participation rate in April fell to 62.8% unseen since Jimmy Carter was president 35 years ago.

How long will it be before Obama shatters that dismal labor force participation record with his disastrous new regulations that already steals more than $1.8 Trillion from a struggling, anemic economy teetering on the brink of a triple dip recession?

Related: Cap and Trade: A Scam Based on a Scam –Canada Free Press

White House Turns Blind Eye on Democrats Who Oppose Climate Rules

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