The new energy bill that was passed today is going to cause major problems for Americans who are already suffering from a major world recession.  The cap and trade system will cause the Utility Rates for Americans to skyrocket.  The words came from President Barack Obama himself while he was on the campaign trail.  A quick video can be seen at:

http://cosmos.bcst.yahoo.com/up/player/popup/?rn=3906861&cl=14163769&ch=4226716&src=news

By increasing costs for American companies to produce goods here in the USA, the government just said goodbye to a large number of jobs.  Companies will now be moving out of the country to produce goods where environmental constraints are not as limiting and expensive.

Good job again government.  Another policy that = FAIL.