Zeb_Carter
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- Joined
- Jun 15, 2006
- Posts
- 20,584
Are you a homeowner? Especially, do you own your own home that is more than seven or eight years old?
BOHICA. That means, "bend over, here it comes again."
Last Friday the House passed this cap-and-tax bill. It was 1,200 pages long. Not one Congressman read the darn thing. But even without reading it, some Congressmen weren't happy with it. They wanted special little goodies for their districts otherwise they weren't going to vote for it. It wasn't going to pass. So what happened? In the middle of the night, at 3am Friday morning, the Democrats filed a 300 page amendment to include all the sugar that would satisfy these recalcitrant Congressmen, and then Nancy Pelosi could count on their vote.
So now we have this 1,200 page long bill with a last-minute 300 page amendment filled with sweeteners and "place holders" … and no one really knows what's in it. But it passed.
Almost a week later, we are coming to find more details on what exactly is in the darn thing. This is where you homeowners need to pay attention. The plan is called REEP -- Retrofit for Energy and Environmental Performance. If you sell your house, you will be required before to sell it to retrofit your home to meet any federal green guidelines drawn up by some government hacks. It says, "The Administrator shall develop and implement, in consultation with the Secretary of Energy, standards for a national energy and environmental building retrofit policy for single-family and multi-family residences … The purpose of the REEP program is to facilitate the retrofitting of existing buildings across the United States." Details? That's for the EPA to decide. Payment? Well that is up to the states to fund, and ultimately passed on to the taxpayers. Just another unfunded federal mandate.
The bottom line is that you put your home on the market, and as part of the closing process, you will have to cough up some sort of certificate to say that your home is compliant with green guidelines as promulgated by the federal Department of Energy. For example, does your home have roofing materials that reflect solar energy? That will be a requirement if you want to sell your home under green guidelines. That means that you as a homeowner will have to put a new roof on your home before you can sell it, and not just a new roof but one that reflects solar rays. How much does a new roof cost nowadays? Maybe $9,000 or $10,000. Yeah, and that's just one of the mandates. The government is going to test air quality around your home, take infrared readings of your house. How much is all of this compliance going to cost you when you try to sell your home?
Then … is this going to do anything at all to reduce global warming? Is any of this really going to make a difference? According to figures from the U.S. Energy Information Administration, "If we were to retrofit 3 million homes over the next decade, we would only consume 10 days less petroleum (.27% less). If we were to retrofit 10 times as many homes, 30 million, (which is almost certainly not possible to do in 10 years), we would save just 100 days of oil over a 10 year period (2.7% less)."
Isn't that just amazing, folks? If 30 million homes comply with these federal retrofit mandates, we would save about 10 days of oil a year.
So why is it in the bill? I don't know … maybe labor unions for the work that they get in all these retrofits? The businesses that would be engaged in building all these reflective roofs? I don't know … but the fact is that it is there. You let Barack Obama and the global warming nutcases out there get this cap-and-trade bill and you can bet that you will be paying out the nose as a homeowner. If you are going to get screwed, at least enjoy it.
Change you can believe in?!?!?