The Cap and Trade Bill - What's Your Thoughts?

[Mike Bowler Sr.]

The Cap and Trade Bill bill passed by a narrow margin of 219-212 only after 300 pages of amendments were added to satisfy members of Congress from agricultural and industrial areas at 3 a.m. in the morning.

Congressmen with constituents with rural electric coops, bio-fuel producers, farmers and ethanol producers secured a number of free credits for those folks to bring them around. That pushed the bill to more than 1,200 pages, think again, if you believe members of Congress had time to thoroughly examine the bill before a vote was called.

I see another nail in the coffin being placed for the housing industry with new regulations being placed on homeowners, appraisers, mortgages, and Realtors. The new home standards and bringing your existing house up to these new standards prior to selling is yet to be seen.

Here we go, back to school. Watch the video and tell me what you think! Representative John Boehner discusses this bill with regards to housing. It's Insane!



“Expect the Best” Mike

Mike Bowler Sr. ePRO, CRB, GRI, SRES
Coldwell Banker Hubbell Briarwood
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[Michael Settle]

The narrow passage of this bill shows how reluctant we are as a country to do anything constructive about global warning. Senate passage seems unlikely.

Yet, the U.S. needs, in my view, to begin to come to grips with these environmental issues. The cap and trade bill, while, complex, offers a market based way for companies to begin to get a handle on their environmental impact. It's a simple but difficult step. And there are powerful interests arrayed against it.