Sunday, November 02, 2008
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Obama Will Bankrupt Coal
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Posted by:
Amanda Carpenter at
11:55 AM
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Barack Obama has tried to pretend that he's a friend to clean coal, but now this San Francisco Chronicle interview resurfaces courtesy of our friends at Newsbusters.
Go ahead, build new coal plants he says. He'll just bankrupt them later through the tax code.
OBAMA: I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year. So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted.
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...only the "more equal" alternative fuels need be in business in Mr. B. Hussein's United States Socialist Republic of America (USSR of A). Everything else will be put out of business through coercive taxation and regulation.
And that's in his own words! |
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U.S. Moving Toward Ban on New Coal-Fired Power Plants
Lester R. Brown, Earth Policy Institute
Feb 2008
In a report compiled in early 2007, the U.S. Department of Energy listed 151 coal-fired power plants in the planning stages and talked about a resurgence in coal-fired electricity. But during 2007, 59 proposed U.S. coal-fired power plants were either refused licenses by state governments or quietly abandoned. In addition to the 59 plants that were dropped, close to 50 more coal plants are being contested in the courts, and the remaining plants will likely be challenged as they reach the permitting stage.
What began as a few local ripples of resistance to coal-fired power is quickly evolving into a national tidal wave of grassroots opposition from environmental, health, farm, and community organizations and a fast-growing number of state governments. The public at large is turning against coal. In a September 2007 national poll by the Opinion Research Corporation about which electricity source people would prefer, only 3 percent chose coal. |
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love to blame the GOP for our high energy prices and our over-reliance on imported energy....
They constantly block drilling for oil on the continental shelf, mining for shale in the Rockies, mining for coal, more domestic drilling for natural gas, etc, etc, etc......
What a bunch of hypocritical, pompous as*es... |
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please turn out the lights...that's if "The One" hasn't turned them all out first. It's all about what we CAN'T have with this idiot.
Better start buying candles and generators people....nasty gas burning, pollution spewing generators (quickly before they get banned too). |
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In 1997 we could have begun drilling, but oh...gee. Who didn't do it? THE DEMS!!!! We are now 11 years away from the votes that would have permitted it, and given us our oil independence and instead, we are in the worst position possible. BTW, it was Billy Jeff and friends. |
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Why are we just hearing about this now. This comment was made on Jan 17, 2008. Everyone knew that it was a two person race between Hillary and Barack. Why did the RNC have someone present with a recorder at every single campaign appearance by those two? Yes, it costs money, but candidates frequently say things that can come back to haunt them later. This should have been captured and released before today. With the MSM refusing to publicize anything bad about Obama, it takes longer to get some of these things out, even with YouTube, Drudge, etc, because the people about who this is relevant to (hard working Pennsylvanians, Ohioans, West Virginians, Coloradans, etc. in this type of industry), likely don't spend a lot of time on the internet viewing those kinds of sites. Add in the effects of early voting and you simply can't wait until a day or two before the election for these kinds of stories to be published.
I hope every blue-colar worker who hasn't voted yet, and who would be affected by this, every person who gets their energy from coal fired plants, etc., hears this before they do. |
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Coal States Beware!!!!
And don’t believe the story that voter registration fraud does not equate to actual voter fraud…which means McCain Palin had better get out the vote!
http://scattershooting.wordpress.com |
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BUSH SPENDS MONEY LIKE A DRUNKEN SAILOR BUT HE DID BRING HIGH LIVING FOR SEVEN YEARS, BEFORE THE HOUSING CRISIS SOBERED HIM UP! WHO IS TO BLAME FOR THE FREDIE AND FANNIE SCREW UP? THE DEMOCRATIC LEADERS WHO HAVE HAD THEIR HANDS AT THE WHEEL FOR TWO YEARS! SO GIVE UP THE LIBERAL DENIAL! I'LL SAY THIS FOR MCCAIN, AT LEAST HE TRIED TO WARN THEM TWO YEARS EARLIER. EX DEMOCRAT |
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"Who didn't do it? THE DEMS!!!! We are now 11 years away from the votes that would have permitted it, and given us our oil independence"
And we're 31 years away from Carter's energy policy, in which he called for car mileage improvements, increased use of domestic coal and nuclear, establishment of a national petroleum reserve, conservation, alternate energy sources, and expansion of domestic oil exploration and production. The one where he said:
"If we fail to act soon, we will face an economic, social and political crisis that will threaten our free institutions. ... We will have a crash program to build more nuclear plants, strip-mine and burn more coal, and drill more offshore wells than we will need if we begin to conserve now. Inflation will soar, production will go down, people will lose their jobs. Intense competition will build up among nations and among the different regions within our own country."
Who reversed this policy immediately upon taking office in 1981? Perhaps the most short-sighted and dumbest of our presidents. |
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The Charleston West Virginia newspaper had an article a couple of weeks ago about the opening of a brand-splinter new "clean-coal" plant in Southern West Virginia. It was, according to the article, mostly funded by private business.
Yeah, I remember the Carter Era. It was no fun!
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Did you ever think you would live long enough to see the first United States of America COUP?
And he brings along setting up his own militia?
Too bad so many people are so blind to this man Obama!
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was Carter said "if we don't act soon..blah..blah..blah.."...
Why didn't HE act???
He had a Democratic majority Congress...thus the GOP didn't block him.......
Once again...why didn't he act?????
because the Carter administration was defined by "paralysis by analysis".....
AND then later, blame Reagan, GHW Bush, and GW Bush.....
see a pattern here????
Blame for EVERY President succeeding Goober Jimmy EXCEPT 'ol Slick Willie, of course....
wouldn't be partisan, would it?????
OF COURSE NOT!!!!!!! |
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"Why didn't HE act???"
He did. Reagan reversed what he'd done. |
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The only things carter "did" for us was:
give us 18+% mortgages....
didn't act effectively when Iranian students took our Emabassy employees hostage.....
continued "impotency", lasting over a year....
and the kicker.......was saying he was attacked by a "killer" rabbit while fishing......
bad enough 'ol Goober was scared of a bunny....
even more embarassing is he would admit it to ANYONE......
Yep....those were the BAD 'OL DAYS.... |
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"The only things carter "did" for us was:
give us 18+% mortgages."
Mortgage interest rates during Carter's four years averaged 10.86%; the highest was 13.74% his last year. They averaged 14.95% during Reagan's first term and 12.87% for his full eight years. The highest was 16.63% his second year, but it was still near 14% at the beginning of his second term.
This has been the refutation of yet another right-wing myth. |
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The first presidential candidate in history to promise to drive American the American coal industry into bankruptcy. |
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I LIVE IN SW VA. AND WE ARE BUILDING A HUGE COAL FIRED POWER PLANT. OUR ECNOMY GOES HOW COAL GOES. BUT WHAT GETS ME IS THAT EVERY PERSON HERE DEPENDS ON COAL ONE WAY OR ANOTHER,BUT THEY WILL STILL VOTE FOR THE CRAZY DEMS.VOTING FOR DEMS IS FINANCIAL SUICIDE. |
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"I LIVE IN SW VA. AND WE ARE BUILDING A HUGE COAL FIRED POWER PLANT."
Lay off the caps, Joe; just push your Caps Lock key once.
Do you mean the Dominion plant in Wise County? It's not so big -- less than 600 MW. And there's a good chance construction will be shut down no matter who's elected. McCain's and Obama's energy policies are pretty much identical in that area.
Your real peril is the current financial crisis. Given the huge rise in the projected cost and CitiBank's serious cash problems, that project is doomed. |
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CBS,NBC,ABC,CNN,MSNBC,NT Times,
They didnt look into Obamas anti American associates and his crazy views,
want to Bankrupt the Coal Industry in these States, Ohio,Pennsylvania,
West Virgina,Indiana,Kentucky,Arizona,Utah,
Colorado,Arkansas,South Dakota,Wyoming,
this is why Obama wants you to vote early,
just in case you start to hear things about his views of America, if Obama gets elected it will be the begining of the end of America,
get out and vote dont trust the polls get your family and friends out there and vote. |
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Bankrupt the country, what the heck!
Maybe there will be enough left of the country in 2012 that Bobby Jindal can be elected and he will get the country back as an energy producer and wealth creator. |
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Imagine it, the man with a high probability at this point to be our next president supports regulations that will "bankrupt" the very industry that is the major fuel for electric power. He isn't in favor of this action in ten years, he hasn't proposed what would substitute for the "bankrupt" power plant, he just supports regulations that will accomplish just that.
This man has the vision of a bat. He can't see beyond his subversive ideology. Think of it! This is the man who stands at the threshold of the presidency and his priorities for the nation is to tax business into oblivion, bankrupt the an industry that provides the energy that powers our industry and infrastructure and destroy the incentive of the businesses that provide our jobs, goods and services to grow beyond a certain point. Brilliant Obama supporters, simply brilliant. |
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I have a question.
Coal accounts for about 50% of our electric, so if Obama plans on taxing the coal out of business, then how can we charge our hybrid ELECTRIC cars?
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Obamanation is stabbing the people in the coal industry in the back! This will destroy the USA
He must not be elected, he is a lunatic and he scares me about the future for what I have worked for all life, and I have worked HARD, and a con man from Chicago will never destroy my lifes work. |
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"then how can we charge our hybrid ELECTRIC cars?"
You do know that current hybrids are charged by running the IC engine and by braking, right?
Future hybrids, so-called "plug-ins," could be charged by solar cells on the roofs of buildings or by using the grid's off-peak capacity.
You are, of course, wrong about "taxing the coal out of business." Read his policy statement. |
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This punk is on record detailing how he will destroy our economy, institutionalize "spreading the wealth", raise taxes for folks making over 42K, tax our 401Ks, take our guns, "bankrupt our coal industry", and cause "electricity bills to skyrocket". His votes are on record. He is on tape. His own voice. Him....
...and STILL the brain-dead obamatrons close their eyes, clap their hands over their ears and shout LALALALALA!. Munck's over here touting the virtues of CARTER, for Chrissakes!
Stupid, stupid people. |
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I just read a comment here about BUSH bankrupting the USA, Well, lunatic we are still eating and we are still heating our homes, but you lunatic go vote for the con man and when you see your electric bill and you have to take out a loan to pay the bill you will not have George Bush to kick around anymore. Obamanation bankrupting the coal industry will totally start a major conflagration that will spread across America in one day!! Hell will be to pay!! A lunatic is about to be elected and the only hope is that the people working in the coal industry gets this word before they vote, the paper that kept this secret until yesterday should be totally desroyed |
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To all you lunatics that plans to vote for the con man from Chicago, you need to go buy you a new axe, you will be needing it to cut your damn fire wood because the lunatic you plan on voting for plans to bankrupt the coal companies that provides the fuel to generate electric power.
You are committing suicide. |
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A recent story in the Minneapolis StarTribune reported on the growing controversy on back yard fire pits.
"Maplewood [Minnesota] is reviewing its policies on burning. Health groups warn that airborne particles from the fires can irritate lungs. An environmental group is advocating a ban."
Excel Energy operates two nuclear generating plants [three reactors] in Minnesota. We need more nuclear power in the U.S. but for some reason the Democrats oppose nuclear power. It is clean and efficient. What is wrong with that? |
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Doesn't McCain also support cap and trade?
Anyhoo, the quotes do show that Obama's underlying philosophy is very left-wing. |
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"Anyhoo, the quotes do show that Obama's underlying philosophy is very left-wing."
That's why we're electing him President. |
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THIS IS THE WAY HE WILL TAKE ALL OUR RIGHTS THROUGH THIS KIND OF WIERD TALK,THIS IS THE ONLY REASON OBAMA WENT TO LAW SCHOOL HE WILL HUNT EVERY LOOP HOLE,HE WILL TRY TO DE=RAIL THE TRAIN JUST SAY NO TO B.HUSSEIN!!!!!!!!!!!!! |
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ITS THE TWILIGHT ZONE!MY GOSH THIS DUDE IS KIM JUNG IL!FOLKS GO BUY A BAG OF KINGSFORD,AND PUT THE STAKES ON THE GRILL WHILE YOU STILL CAN!PETA BACKS OBAMA SO STOCK UP ON THE STAKES TO! GO VOTE MCCAIN-PALIN! |
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Bush didn't do anything to the economy -- Barney frank Chris Dodd, Raines and a few others refused to re-regulate F&F at the request of Bush McCain and other republicans -- democrats created this mess we are in. Look it up.
The last two years the *democrats* have been in charge in congress and they make the decisions. |
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It is ironic that the Republican's last attack is about coal. Like the old Christmas saying- looks like the republicans will be receiving a piece of black coal as their present Wed morning. |
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"FOLKS GO BUY A BAG OF KINGSFORD,AND PUT THE STAKES ON THE GRILL WHILE YOU STILL CAN!"
Yes, the steaks are certainly high in this election. |
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We can thank ANOTHER liberal newspaper from PROTECTING Obama!!
The article written in January 2008 NEVER MENTIONS this bombshell.
Imagine if the media treated Obama like they do Palin. McCain would have a 20 point lead!! |
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Well, I guess we will have to build nuclear reactors to offset using coal to generate electricity. Oh wait, Liberals hate nuclear reactors. Oops... silly me.
Can you even begin to imagine what this will do to us with our electric bills. You know the electric companies will just pass this fee onto us. And in the end, the American citizen will get screwed one again.
On the plus side, I guess I will just go back to living without electricity like we did over 100 years ago. There is a positive side to that though. The MSM will go out of business because nobody will be watching them, and nobody will be buying advertising time. |
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This highlights how ignorant Obama really is; he says he would attempt to bankrupt a private business in pursuit of a mythical idea that man causes global warming. Every word he uttered is outside his powers specified in the Constitution and should be grounds for impeachment proceedings 5 minutes after he is sworn in as President---if he wins. Obama is insane, National Civilian Security Force (Gestapo), who will be in charge of that unconstitutional endeavor--Louis Farrakhan and his Black Muslim soldiers?? Every idiot that votes Democrat should be marked for extinction; they are nothing more than a cancer on our society and culture. |
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John McCain supports the same cap and trade policy as Obama. John McCain's policy would "bankrupt" the coal industry as well.
Also he didn't say "I" would bankrupt the coal industry, he said "it" meaning the cap and trade policy that both "he" and "him" McCain support.
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Did you miss the part about how his "cap and trade" restrictions will be "more agressive than anybody else's".
Obama and Biden have made their attitudes about the coal industry quite plain. Or did you not get the nuance of the verb "bankrupt"?
Coal state voters who value that three-letter word, J-O-B-S, had better wake up and smell what Obama is shoveling, because it sure isn't anthracite.
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"You dare speak of BANKRUPTCY? After what Bush has done to our economy? How utterly hysterical!"
I don't see how you could be confused on that issue. After all, President Bush and Barney Frank don't look anything alike.
I wasn't going to blame your confusion on hysteria, but if you insist, then sure. |
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I was writing partially satirical.
Obama DID say he would bankrupt new coal powered plants. So if we can go green today why not just shut them all down now?
We can't - that's why.
We do not have the infrastructure or resources to go green over night, not to mention the huge amount of job loss that would be caused by shutting down coal power.
In this point in time, we ought to be doing anything we can to help Americans, not promising to corruptly stifle the free market by choking business with government regulation and excessive tax as Obama wants.
To do that would be, in a word:
Marxist
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how he's going to let his supporters down after he's elected, because he and his campaign know he can't meet all the promises he gave to get what he wants, the Presidency. He's not qualified, this is just one more thing that proves it, and raising costs of electricity and putting half our energy source out of business with taxes will hurt the poorest people the most!
He doesn't want to build nuclear power plants, either, which could pick up the slack. Most of these green energy companies are not ready to take over, they don't make any profits, some of them aren't even practical. They are only up and running still because we've been handing out tax dollars.
Silicon is in short supply, too, and solar panels need that. Not every place in the country has the environment to make solar and wind efficient on a large scale. What will you do if the wind doesn't blow for weeks? Or there is a long stretch of bad cloudy weather?
And much of our sweet crude comes through the Strait of Hormuz, Pres Bush sent aircraft carriers over there to protect it, because Iran has been threatening to shut it down. Do you have any idea how that would affect our economy? DRILL HERE, DRILL NOW!!
We need a president who understands this and will consider all viable alternatives, like John McCain. Obama is like a parrot, he has no background or idea what he's doing.
Palin knows more about Russia than looking at it out her front door, too, like Obamotrons keep saying. I guess we have to spell out everything to them like children. Energy is a major issue in our foreign policy and she is not only the Governor of Alaska, she got the Nat Gas pipeline going and is the former Director of Alaska's Oil & Gas Conservation Commission.
McCain/Palin 08!!! |
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If his IDIOTIC Energy Policies ever see the light of
day, we are doomed, just as we were when Jimme Carter was in office. Anybody remember That?
This country cannot afford 4 more years of J C.....
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Come on all you conservatives get outraged…
We have to kill sex…
We must immediately pass legislation to require everybody in the US to report to the federal government every time they have sex…
We must impose such heavy government fees everybody will stop having sex…
We must require everybody to purchase a carbon credit every time they have sex…
We must make those nightclubs go bankrupt, and clean up all those raves…
We must stop them from emitting all those greenhouse gases…
Every breath you breathe I’ll be watching you…
No more heavy breathing…
Everybody is harming the planet…
:) :) :) :)
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Marxist?
Obama believes in black liberation theology, which can only be described as Marxist, because they were anti-establishment rabble-rousers, who were always on the wrong side of the cold war...
Get over it…
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"Oh wait, Liberals hate nuclear reactors."
Not me. I love the idea of next-gen pebble-bed reactors, sited underground or out in the desert and connected to population centers by SuperGrid superconducting energy pipelines. And they're relatively small and simple, so we can get them built and online quickly. What's not to like? |
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Have you read the Prairie Fire Book of Ayers/weather underground? It is very revealing. Obama has said "white mans greed runs a world in need"
http://www.youtube.com/watch?v=DdLX3aRNaNk
Ayers said in the PF handbook "human need instead of corporate greed" so eerily the same.
http://www.zombietime.com/prairie_fire/
In this handbook they say they are guerrilla communists who (in 1974) have a underground effort through "community organizing" to "destroy imperialism/capitalism from within". They talk about "US imperial control over oil in the middle east" and they support Palestine.
Take this with current Obama rhetoric and his relationship with Khalid PLO supporter, it is chilling.
Another good site that breaks the essay down.
http://uppitywoman08.wordpress.com/2008/10/23/remarkably-no w-excerpts-from-prairie-fire-weather-undergrounds-communist -manifesto/
The content of the Ayers 1974 handbook sound *exactly* like Obama and the far left today. |
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Chas is right, in fact the 1974 Prairie Fire handbook mentions black liberation theory -- guess hwo wrote it the weather underground.
It is very revealing.
Ayers said in the PF handbook "human need instead of corporate greed" so eerily the same.
http://www.zombietime.com/prairie_fire/
Obama has said "white mans greed runs a world in need"
http://www.youtube.com/watch?v=DdLX3aRNaNk
In this handbook they say they are guerrilla communists who (in 1974)for four years have a underground effort through "community organizing" to "destroy imperialism/capitalism from within". They talk about "US imperial control over oil in the middle east" and they support Palestine.
Take this with current Obama rhetoric and his relationship with Khalid PLO supporter, it is chilling.
Another good site that breaks the essay down.
http://uppitywoman08.wordpress.com/2008/10/23/remarkably-no w-excerpts-from-prairie-fire-weather-undergrounds-communist -manifesto/
The content of the Ayers 1974 handbook sound *exactly* like Obama and the far left today. |
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Newsbusters does the job that the MSM won't do.
Like Drudge they look for the buried articles ( page 10 - or smaller news sources)and post them with links. They may comment but the *stories* are not theirs.
The main stream bias and refusal to report news that would incriminate those on the left, made these sites popular.
It is painfully clear journalism in "big news" is dead -- the media is in the tank for Obama. They report only what they HAVE to on him, and bury the rest or spin it. |
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Although all of the mortgage rate figures that Mr. Munck cites are incorrect, it is true that the high, low and average rates of the Carter and Reagan administrations were similar. However, Mr. Munck sees no significance to the fact that the rates increased throughout the Carter period, and decreased throughout the Reagan period. During Carter's presidency rates went from 8.81% on 2/01/76 to 14.90% on 1/01/81. During the Reagan administration rates went from 15.13% on 2/01/81 to 10.73% on 1/01/89.
The following site shows a graph of Federal Reserve data which starkly illustrates these rate trends. The rates increased sharply during Carter, and decreased sharply during Reagan.
http://mortgage-x.com/general/indexes/contract_rate_history .asp
The Carter increase was a result of inflation expectations being incorporated into interest rates. The annual inflation rates during Carter's 4 years were 6.5%, 7.6%, 11.3% and 13.5% in chronological order. Economist Robert Lucas won a Nobel prize for elucidating the fallacious reasoning of the left wing economists who had failed to anticipate this problem.
Reagan advocated a monetarist policy which brought interest rates down based on the stronger U.S. currency created by a drastically reduced inflation rate. The annual inflation rates, also in chronological order, during Reagan's 8 years were 10.3%, 6.2%, 3.2%, 4.3%, 3.6%, 1.9%, 3.6%, and 4.1%. The monetarist Federal Reserve policy advocated by Reagan allowed the U.S. to keep low inflation and low interest rates for 20 years, until Mr. Greenspan mysteriously reversed his long term avoidence of unwarrented monetary expansion and lowered the Fed funds rate to 1% for a full year resulting in the enormous housing bubble that has created our current severe problems. Not surprisingly, in 2002 and 2003, Carter made several favorable comments concerning the low rate Fed policy. |
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