Keep the info below in mind as you watch news coverage of the proposed cap-and-trade legislation, or, as it’s offically know, the Waxman-Markey bill:
Suppose you have a window that isn’t quite airtight or your appliances are a little too old. Maybe they’re not Energy Star certified. You’d have to replace them before you would be allowed to sell your home.
The result could be the end of fixer-upper homes; surely, this is not what Congress has in mind. Some families prefer to buy a home in less-than-stellar condition on the cheap and make repairs and upgrades themselves.
Just as proponents of the government healthcare takeover have tried to hide its more unpleasant features, Waxman-Markey proponents don’t want the above to get out in wholesale fashion. Just imagine that you may want to sell your house in, oh, 10 years, after Waxman-Markey becomes law, and you have to put in $20,000-30,000 to make it acceptable to the environuts who have taken over the federal bureaucracy.