Obama Signs Deal With China To Collapse U.S. Economy
That's the word from a leading economist. Perhaps that's why Obama made a "deal"
with China in which China doesn't have to do anything... Is this "deal" just a
cover for what is actually an attempt at destroying the U.S. economy from the
Destroyer-in-Chief?
(WND) While the Obama administration trumpets a "historic" agreement on carbon emissions with China, a leading climate expert says the U.S. economy would have to collapse to comply with the terms of the deal, but President Obama’s main goal is to make it difficult for the next president, Congress and the courts to strike down his many environmental regulations.
While in China for the Asia-Pacific Economic Summit, Obama and Chinese President Xi Jinping came to an agreement that would have the U.S. reducing its carbon emissions between 26 and 28 percent from 2005 levels. The Chinese, meanwhile, vowed to try to peak their emissions by 2030 and attempt to get 20 percent of their energy from “zero carbon emission sources” by that same time.
As the deal was announced, Obama’s Twitter account stated: "This is huge: The United States and China have just agreed on an ambitious new joint plan to cut carbon pollution." Competitive Enterprise Institute Senior Fellow Christopher Horner said the deal means business as usual for China but would force the U.S. to make draconian changes over the next decade.
Read The Full Story
(WND) While the Obama administration trumpets a "historic" agreement on carbon emissions with China, a leading climate expert says the U.S. economy would have to collapse to comply with the terms of the deal, but President Obama’s main goal is to make it difficult for the next president, Congress and the courts to strike down his many environmental regulations.
While in China for the Asia-Pacific Economic Summit, Obama and Chinese President Xi Jinping came to an agreement that would have the U.S. reducing its carbon emissions between 26 and 28 percent from 2005 levels. The Chinese, meanwhile, vowed to try to peak their emissions by 2030 and attempt to get 20 percent of their energy from “zero carbon emission sources” by that same time.
As the deal was announced, Obama’s Twitter account stated: "This is huge: The United States and China have just agreed on an ambitious new joint plan to cut carbon pollution." Competitive Enterprise Institute Senior Fellow Christopher Horner said the deal means business as usual for China but would force the U.S. to make draconian changes over the next decade.
Read The Full Story