“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket”
On January 17, 2008, President Obama famously said, “Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.” It’s now becoming evident that the new so-called “smart” meter your utility is attempting to force on you, is the culprit technology for the government-sponsored extortion that Obama was referring to. But this is just the beginning of a hornet’s nest of alarming details unveiled in our new documentary, Take Back Your Power (now available at the Infowars shop).
Billions of tax dollars… no benefits?
In a time of economic crisis, the US government allocated $11B of taxpayer funds from the 2009 bailout package to develop a “smart” grid, including “smart” meters for every home’s electricity, gas and water. And recently, the European Union has announced plans to blow a mind-numbing $700B on building out this centralized control grid. The ostensible reasons for “smart” metering and grid technology:
a) to save energy and thus aid the environment;
b) to increase power reliability; and
c) to give you more control of energy use in your own home.
It is now easily demonstrated that all three of these claims are patently false. ”Smart” meters and grids typically use more energy, they are extremely hackable (making the entire power grid vulnerable), and customers suffer increased utility bills virtually across the board immediately following a “smart” meter installation – a fact even acknowledged now by some utilities.
In the words of Dr. Timothy Schoechle, a leading digital technology engineer and author of “Getting Smarter About The Smart Grid:”
“The smart meter is a canard—a story or a hoax based on specious and grandiose claims about energy benefits ostensibly derived from the promise of “two-way” communication with the customer… There is essentially no possibility that most smart meters or meter networks will lead to greater sustainability.”