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Thinking of selling your home? Read what's in cap and trade:

Faster horses

Well-known member
:shock: :shock: :shock:




THINKING ABOUT SELLING YOUR HOUSE?


A LOOK AT H.R. 2454 (Cap & Trade Bill)


Wow! Home owners take note & tell your friends and relatives who are
home owners!!!





Here's the link to the bill: H.R. 2454: "American Clean Energy and
Security Act of 2009" -
http://www.govtrack.us/congress/bill.xpd?bill=h111-2454

Beginning 1 year after enactment of the Act, you won't be able to sell
your home unless you retrofit it to comply with the energy and water
efficiency standards of this Act.

H.R. 2454, the "Cap & Trade" bill passed by the House of
Representatives, if also passed by the Senate, will be the largest tax
increase any of us has ever experienced. The Congressional Budget Office
(supposedly non-partisan) estimates that in just a few years the average
cost to every family of four will be $6,800 per year. No one is
excluded. However, once the lower classes feel the pinch in their
wallets, these voters may get a tax refund (even if they pay no taxes at
all) to offset this new cost. Thus you, Mr. and Mrs. Middle Class
America , will have to pay even more since additional tax dollars will be
needed to bail out everyone else.

But wait. This awful bill (that very few or no one in Congress has
actually read) has many more surprises in it. Probably the worst one is
this: A year from now you won't be able to sell your house.

Yes, you read that right. The caveat is (there always is a caveat) that
if you have enough money to make required major upgrades to your home,
then you can sell it. But, if not, then forget it. Even pre-fabricated
homes ("mobile homes") are included. In effect, this bill prevents you
from selling your home without the permission of the EPA administrator.

To get this permission, you will have to have the energy efficiency of
your home measured. Then the government will tell you what your new
energy efficiency requirement is and you will be forced to make
modifications to your home under the retrofit provisions of this Act to
comply with the new energy and water efficiency requirements. Then you
will have to get your home measured again and get a license (called a
"label" in the Act) that must be posted on your property to show what
your efficiency rating is; sort of like the Energy Star efficiency rating
label on your refrigerator or air conditioner If you don't get a high
enough rating, you can't sell. And, the EPA administrator is authorized
to raise the standards every year, even above the automatic energy
efficiency increases built into the Act.

The EPA administrator, appointed by the President, will run the Cap &
Trade program (AKA the "American Clean Energy and Security Act of 2009")
and is authorized to make any future changes to the regulations and
standards he alone determines to be in the government's best interest.
Requirements are set low initially so the bill will pass Congress; then
the Administrator can set much tougher new standards every year. The Act
itself contains annual required increases in energy efficiency for
private and commercial residences and buildings. However, the EPA
administrator can set higher standards at any time.

Sect. 202:
Building Retrofit Program mandates a national retrofit program to
increase the energy efficiency of all existing homes across America .

Beginning 1 year after enactment of the Act, you won't be able to sell
your home unless you retrofit it to comply with the energy and water
efficiency standards of this Act. You had better sell soon, because the
standards will be raised each year and will be really hard (i.e.,
ex$pen$ive) to meet in a few years. Oh, goody! The Act allows the
government to give you a grant of several thousand dollars to comply with
the retrofit program requirements if you meet certain energy efficiency
levels. But, wait, the State can set additional requirements on who
qualifies to receive the grants. You should expect requirements such as
"can't have an income of more than $50K per year", "home selling price
can't be more than $125K", or anything else to target the upper middle
class (and that's YOU) and prevent them from qualifying for the grants
Most of us won't get a dime and will have to pay the entire cost of the
retrofit out of our own pockets. More transfer of wealth, more "change
you can believe in."

Sect. 204:
Building Energy Performance Labeling Program establishes a labeling
program that for each individual residence will identify the achieved
energy efficiency performance for "at least 90 percent of the residential
market within 5 years after the date of the enactment of this Act." This
means that within five years, 90% of all residential homes in the U.S.
must be measured and labeled. The EPA administrator will get $50M each
year to enforce the labeling program. The Secretary of the Department of
Energy will get an additional $20M each year to help enforce the labeling
program. Some of this money will, of course, be spent on coming up with
tougher standards each year. Oh, the label will be like a license for
your car. You will be required to post the label in a conspicuous
location in your home and will not be allowed to sell your home without
having this label. And, just like your car license, you will probably be
required to get a new label every so often - maybe every year. But, the
government estimates the cost of measuring the energy efficiency of your
home should only cost about $200 each time. Remember what they said
about the auto smog inspections when they first started: that in
California it would only cost $15. That was when the program started.
Now the cost is about $50 for the inspection and certificate; a 333%
increase. Expect the same from the home labeling program.

Sect. 304:
Greater Energy Efficiency in Building Codes establishes new energy
efficiency guidelines for the National Building Code and mandates at
304(d) that 1 year after enactment of this Act, all state and local
jurisdictions must adopt the National Building Code energy efficiency
provisions or must obtain a certification from the federal government
that their state and/or local codes have been brought into full
compliance with the National Building Code energy efficiency standards.
 
A

Anonymous

Guest
Sandhusker said:
This is what Jefferson, Adams, Hamilton, etc... envisioned when they set up this country?

One can only believe they had ESP. If they did I sure wish they would have left the results around somewhere.

From that point of view without going to far off base. The Bible says in the last days the world would call out for a leader to deliver them from the turmoil. It even says they would seek a leader capabable of stopping the turmoil be he or she man, demon, or beast.

I am afraid that time in world events is right around the corner! :( :( :(
 

Steve

Well-known member
might as well get ready for the second housing crash now... this bill would devastate an already fragile recovery in the housing market..

the end result will be folks who take out the equity in the form of a loan and walk away...
 

hypocritexposer

Well-known member
Pig Farmer said:
Sandhusker said:
This is what Jefferson, Adams, Hamilton, etc... envisioned when they set up this country?

One can only believe they had ESP. If they did I sure wish they would have left the results around somewhere.

From that point of view without going to far off base. The Bible says in the last days the world would call out for a leader to deliver them from the turmoil. It even says they would seek a leader capabable of stopping the turmoil be he or she man, demon, or beast.

I am afraid that time in world events is right around the corner! :( :( :(

Human nature has never changed. No ESP needed.
 
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