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Home "Ownership" in USA changing?

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Who is John Galt?

Taggart Comet

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THIS WAS FORWARDED TO ME...

"Don't want to be bothered with "Political stuff?" You'd better read this one. It will come as a huge shock to you if you aren't informed as to what Obama is up to, and it has already passed one hurdle. We encourage you to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and are being considered by the Senate. It will take very little now to put it into actual law!! YOU'D BETTER WAKE UP AMERICA !!!!

So you think you live in a free country? Have you got a surprise coming!

A License Required for your HOUSE?

If you own your home you really need to check this out. At the end of this email is the Google link to verify. If the country thinks the housing market is depressed now, wait until everyone sees this. No one will be buying homes in the future.

Is this Congress and their "experts" truly out to destroy the middle class of the U.S.A.

A License will be required for your house...no longer just for cars and mobile homes....Thinking about selling your house? Take a look at H.R. 2454 (Cap and Trade bill). This is unbelievable! Home owners take note and tell your friends and relatives who are home owners!

Beginning one year after enactment of the Cap and Trade 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 "Cap & Trade" bill, passed by the House of Representatives. If it is also passed by the Senate, it will be the largest tax increase any of you has ever experienced.

The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the [i]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, you can be sure that these voters will get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, you Mr. And Mrs. Middle Class have to pay even more since additional tax dollars will be needed to bail out everyone else.

But wait. This awful bill (that 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 without some bureaucrat's OK. Yes, you read that right.

The caveat (there always is a caveat) is 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 required 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/she 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 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 one year after enactment of the Act, you won't be able to sell your home unless you retrofit it to comply with its energy and water efficiency standards. You had better sell soon, because the standards will be raised each year and will be really hard (expensive) 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 (that includes YOU?) and prevent you 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 Labelling Program establishes a labelling 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 5 years 90% of all residential homes in the U.S. must be measured and labelled. The EPA administrator will get $50M each year to enforce the labelling program. The Secretary of the Department of Energy will get an additional $20M each year to help the EPA. 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.

Expect the same from the home labelling 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 one 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."

"CHECK OUT a few of the sites;"

Cap and Trade: A License required for your Home http://www.nachi. org/forum/ f14/cap-and- trade-license- required- your-home- 44750/

HR2454 American Clean Energy & Security Act: http://www.govtrack .us/congress/ bill.xpd? bill=h111- 2454

Cap & Trade a license required for your home: http://www.prisonplanet.com/cap-and-trade-a-license-required-for-your-home.html

Cap and trade is a license to cheat and steal: http://www.sfexamin er.com/opinion/ columns/oped_ contributors/ Cap-and-trade- is-a-license- to-cheat- and-steal- 45371937. html

Cap and Trade: A License required for your Home: http://www.freerepublic.com/focus/news/2393940/posts

Thinking about selling you House? Look at HR 2454: http://www.federalobserver.com/2009/10/01/thinking-about-selling-your-house-a-look-at-h-r-2454-cap-and-trade-bill/

www.google.com/ search?hl= en&source=hp&ie=ISO-8859- 1&q=A+License+ required+ for+your+ home-+Cap+ and+Trade&btnG=Google+ Search

M

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one question

Do you currently favor the tax system that gives special preferences to those paying off mortgages at the expense of those who pay rent? Should Uncle Sam be subsidizing those who choose to own a home instead of renting?

b
Enigma

Seattle

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Originally posted by MacSwain
THIS WAS FORWARDED TO ME...

"Don't want to be bothered with "Political stuff?" You'd better read this one. It will come as a huge shock to you if you aren't informed as to what Obama is up to, and it has already passed one hurdle. We encourage you to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and are being ...[text shortened]... quired+ for+your+ home-+Cap+ and+Trade&btnG=Google+ Search
Hey...Mr. Shake and Bake, take a stress pill and calm down! I've been a Real Estate Broker for over 20 years, and I can tell you these proposals will change many times before they become law. On top of this, tax credits, and rebates will be made available to compensate for all or most of the cost for envoirnmental upgrades. As far as the "license" your are so scared of, this will consist of little more than an information form about you and your home, 99% of which is already included in your property disclosure form. So save your boogie man stories for the 2012 folks! This new law will enable state and local authorities to gather information so they can monitor and correct enviornmentally dirty housing units and neighborhoods in a more efficent manner...that's all. Now be a good boy, and don't try to interpet a law that's not a law yet!

M

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The problem with these lengthy, hysterical pieces (whether it be right-wing hysteria or left-wing hysteria) is that they probably make the undecided person in the middle LESS likely to seriously consider the issue.

The people most likely to read this article and become scared by it are probably ALREADY completely against cap and trade. So all you're doing is preaching to the choir. The person who still is unsure about it is more likely to be persuaded by a more soberly presented argument.

U

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MacSwain,

Let me give you a helpful hint. If you got it from your inbox, it's probably completely bogus.

http://www.snopes.com/politics/business/captrade.asp

FALSE

sh76
Civis Americanus Sum

New York

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Originally posted by USArmyParatrooper
MacSwain,

Let me give you a helpful hint. If you got it from your inbox, it's probably completely bogus.

http://www.snopes.com/politics/business/captrade.asp

[b]FALSE
[/b]
Ah

Snopes to the rescue

🙂

Badwater

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Originally posted by MacSwain
THIS WAS FORWARDED TO ME...

"Don't want to be bothered with "Political stuff?" You'd better read this one. It will come as a huge shock to you if you aren't informed as to what Obama is up to, and it has already passed one hurdle. We encourage you to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and are being ...[text shortened]... quired+ for+your+ home-+Cap+ and+Trade&btnG=Google+ Search
Seems like we've never heard of a homeowner's association.

j
Some guy

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One of these days I really need to sit down and just read random snopes articles for the laugh.

P

weedhopper

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2. snopes.com: Cap and Trade Energy Bill •••
I too, went to the beloved Snopes site, though I'm not sure why; I don't trust Wikipedia, so why should I trust Snopes? Anyway, this seemed reasonable to me.

The 'Cap and Trade energy bill' requires that all real estate must meet new energy standards before it can be sold?
...requires that all existing real estate must meet new energy standards before it can be sold. Example: [Collected via e-mail, November 2009] For...
...by the House of Representatives in June 2009, but it has not yet been voted upon by the Senate. The version of the bill passed by the House sets energy...
...This misinformation about mandatory energy standard retrofits and licensing requirements has been promulgated primarily through a misunderstanding of...
Sat, 24 Apr 2010 11:45:44 GMT http://www.snopes.com/politics/business/captrade.asp

w

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Originally posted by MacSwain
THIS WAS FORWARDED TO ME...

"Don't want to be bothered with "Political stuff?" You'd better read this one. It will come as a huge shock to you if you aren't informed as to what Obama is up to, and it has already passed one hurdle. We encourage you to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and are being ...[text shortened]... quired+ for+your+ home-+Cap+ and+Trade&btnG=Google+ Search
Opposition to "the machine" is futile. Why torture yourself?

Sing it!!

"Welcome my son, welcom...to.....the machine!!"

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