MEANWHILE, BACK IN FANTASY LAND - AT 7:51 A.M. ET:  Related to the story just below...

Despite President Obama's prediction that it would create new jobs, the climate change bill passed by the House will mean fewer jobs by 2030 than if Congress did nothing at all, according to the first comprehensive study of the measure by the federal government.

The report by the Energy Department's Energy Information Administration said the bill would lead to small increases in electricity costs for consumers -- what Democrats said was an affordable sacrifice for the environmental benefits of lowering greenhouse gas emissions.

"We can move to a clean energy future at a cost of less than a postage stamp per family per day," Energy Secretary Steven Chu said.

Has anyone looked at the cost of a stamp recently?

And...

The Democrat-controlled House narrowly passed its climate change bill on a 219-212 vote June 26. A week later, Mr. Obama told chief executives that the legislation "holds the promise of millions of new jobs -- jobs, by the way, that can't be outsourced."

Another promise that is fading away. 

August 5, 2009