Flashback: Under H.R. 2454 (Cap and Trade Bill), homeowners need upgrades and a license to sell a house

PicassoDreams.com
Jun. 17, 2010

This is just disturbing. It's not like there is any money for the additional $700 billion necessary for troops in Afghanistan, or money to treat the veterans returning from Iraq and Afghanistan with life altering injuries, or money for the socialized medicine (bye bye privacy) via private, for-profit insurers, or money the bailouts and stimulus programs, or money to find the bankrupt FDIC, or money fro the retiring Baby Boomers, but let no one doubt that government bureaucrats and politicians won't find new ways to tax us until we are facing taxes that exceed 100 percent of all income derived from anyone not part of the New World Order.

This is a long excerpt, but you should read the entire post by Frank Carrio at http://www.nachi.org/forum/f14/cap-and-trade-license-required-your-home-44750/

Beginning 1 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 Act. H.R. 2454, the "Cap & Trade" bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced.

The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the 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 these voters get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, you Mr. and Mrs. Middle Class America will 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. Yes, you read that right. The caveat is (there always is a caveat) 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 forced 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. You can read the synopsis of HR 2454 here.