"Fact Checker" Repeals The Laws Of Supply And Demand: The Bias Of PolitiFactby HANS BADER
Sep. 03, 2012
1.Trump is Right: GOP Debate Audience is Packed Full of Republican Donors
2.Caught On Camera: Preacher Cited by Officer Because It's "Illegal to Offend People"
3.75-Yr-Old German Grandmother Tells of Sexual Harassment by Migrants, Interview Gets Interrupted by Clueless "Integrated" Muslim Teens
4.Man Says He Was Fired After Pulling Gun in Gun-Free Zone to Save Woman's Life
5.FOX Con-Artists Use Unnecessary Censorship To Make Trump Sound Like He Said 'F*ck'
6.EPA Rule to Ban Car Modification
7.Ticketing For Profit So Rampant, State Lawmakers Forced to Take Action -- Cops Are Furious
8.Soros: 'Putin Aims At EU Disintegration, Threat From Russia Bigger Than From Jihadi Attacks'
The left-leaning, self-proclaimed “fact checker” PolitiFact ignored the most basic economic law, the law of supply and demand, in claiming that cap-and-trade legislation, which is designed to limit energy consumption and increase the price of energy from non-renewable sources, could actually result in "an average lower cost for consumers." Even the supporters of such legislation, such as President Obama, have admitted that such legislation increases energy costs to consumers. In a January 17, 2008, interview with the San Francisco Chronicle, Obama said that "electricity rates would necessarily skyrocket" under his cap-and-trade plan to fight global warming. Similarly, a CBS analyst pointed out that a Treasury Department analysis estimated the cost of the Obama administration's cap-and-trade plan at $1,761 per year for the average American household.