By Porter Stansberry in the S&A Digest:

For the last several years, I've been warning you the whole global-warming nonsense is nothing more than a huge power grab by governments around the world. Sure enough, the U.S. Environmental Protection Agency (EPA) has now ruled carbon emissions are a threat to the world (because of global warming), and a bill pending in Congress would impose a "cap and trade" system of taxes and credits for carbon emissions. Ironically, the bill is now being held up by the House Agriculture Committee Chairman Collin Peterson. He represents farmers in Minnesota.

What's his problem? Well, it turns out plowing the ground releases carbon and the EPA would force farmers to pay a tax on plowing. (I'm not making this up.) In all, the EPA expects to see $24 billion in taxes from farmers. Peterson wants money from the cap-and-trade bill to pay farmers not to plow. (Again, I'm not making this up...) Just wait until the EPA wants to tax you and me for breathing...

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