GREEN ALERT: MSM Ignores Hidden Carbon Tax Provisions in Paulson’s Bailout 2.0

Why is the mainstream media --which keeps lecturing Americans that Treasury Secretary Henry Paulson's Bailout Package Version 2.0 must be passed immediately-- ignoring what might be the most earth-shattering provisions in Paulson's package?

The media needs to start asking hard questions. Here is where they need to start. If you look at page 180 of the 451-page monster bailout bill that easily passed the Senate yesterday (PDF here), you will see that it includes at Section 116 language about the tax treatment of "industrial source carbon dioxide." It also provides, at Section 117, for a "carbon audit of the tax code."

What could a provision about the tax treatment of "industrial source carbon dioxide" and another provision about doing a "carbon audit" of the tax code possibly have to do with restoring confidence in Wall Street's troubled credit markets?

The answer: NOTHING.

This appears to be an attempt by global warming fanatics to lay the foundation for an economy-killing carbon tax just like the "cap-and-tax" system that is now destroying European industry.

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