Obama Praises Australia’s Draconian Carbon Tax

Thursday, November 17, 2011
By Paul Martin

Businesses face million dollar fine merely for suggesting tax will cause higher prices

Paul Joseph Watson
Prison Planet.com
Thursday, November 17, 2011

President Barack Obama has ominously praised Australia’s draconian carbon tax, even as details emerge over how the government plans to fine businesses up to $1.1 million dollars merely for suggesting the fact that the new tax will cause prices to rise.

During a press conference yesterday, Obama praised Australian Prime Minister Julia Gillard for pursuing “a bold strategy” in passing the highly controversial carbon tax bill.

“I think that’s good for the world,” Obama said. “I actually think, over the long term, it’s good for our economies, as well, because it’s my strong belief that industries, utilities, individual consumers — we’re all going to have to adapt how we use energy and how we think about carbon.”

In reality, the carbon tax is set to devastate Australia’s economy and send energy prices skyrocketing even as the world teeters on the brink of a financial collapse.

Illustrating how overwhelmingly unpopular the new tax is amongst both businesses and consumers, the Australian government has been forced to impose draconian punishments on retailers merely for complaining or informing their customers about how the new rules will cause price hikes.

The Australian Competition and Consumer Commission has been “directed by the Australian government to undertake a compliance and enforcement role in relation to claims made about the impact of a carbon price,” which in real terms means that firms can be fined up to $1.1 million dollars merely for running promotions that suggest the tax will cause prices to rise, such as “Beat the Carbon Tax – Buy Now” or “Buy now before the carbon tax bites”.

“The whitewash begins. Now that the carbon tax has passed through federal parliament, the government’s clean-up brigade is getting into the swing by trying to erase any dissent against the jobs-destroying legislation,” writes Miranda Devine.

The Rest…HERE

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