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"Obama's America wouldn't just welcome your tired, your poor, your huddled masses: It would create them." --David A. Ridenour

This quote comes from another finely crafted IBD editorial:

Last month, President-elect Obama promised to reduce U.S. greenhouse gas emissions to 1990 levels by 2020 -- approximately a 16% cut -- and then to cut them an additional 80% by 2050. That's a 68% cut from today's levels and would mean trimming U.S. carbon emissions to roughly where they were in 1905.

[Think that won't require some hard times? Here's more from the O-man:]

"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket...whatever the industry was, they would have to retrofit their operations. That will cost money...they will pass that on to the consumers."

The article goes on to discuss a poll of African-Americans that shows that a majority of them don't want to pay higher prices to combat a hoax. Will anyone listen?

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