Bankrupt who?
All around the blogs today, I’ve been reading about this interview that Obama gave the San Francisco Chronicle back in January in which he lays out his plan for bankrupting the coal-burning energy plants by taxing the shit out of them. Here’s the audio;
Here’s the quote from Hot Air;
So, if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them, because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.
Of course, we know business don’t go bankrupt all by themselves…they take a boatload of consumers with them. Tax a legitimate business and they pass the costs on to consumers. When coal-produced electricity goes up, the co-generated electricity prices go up, too. Since we know we can’t get a nuclear plant built with Democrats as gatekeepers, the consumers will bear the burden of this ill-conceived plan. All consumer goods costs will rise, the economy stalls like it never has stalled before. And it becomes a national security issue.
Here are the top coal-producing States;
Notice Pennsylvania and Virginia, two States that both Obama and McCain need to win. Another State they need, Ohio, isn’t far behind those on the list.
Over at DPUD’s house, It’s Vintage Duh! says the Obama campaign is telling us we’re too stupid to hear what we heard;
The Obama campaign says that Palin took Obama’s position out of context because in the interview Obama said that “this notion of no coal, I think is an illusion.” Obama and McCain have both pushed for technology to develop cleaner burning coal. “What we have to do then is figure out how can we use coal without emitting greenhouse gases and carbon,” Obama told the Chronicle in the interview.
But you see, I’ve heard all of this before. Back when I talked with some MoveOn types at a rally at the Capitol a few months back, they spouted the same crap in regards to gasoline prices. They want to price everything out of reach of the poorest consumers so that the economy crashes and they can present themselves as the solution – like they’ve successfully done in regards to oil price problems last Summer and the mortgage problems this Fall. Even though they were the cause of the problems in the first place, with their willing accomplices, the intellectual zombies in the media, they’ve convinced the countless millions that they’re the solution.
Rupert Murdoch said today that China and India will reshape the world – is it any wonder when our leading candidate for the presidency is a Luddite? China and India have growing economies and they don’t act like their major employers and the folks that drive their economies are some kind of criminals.
Category: Barack Obama/Joe Biden, Economy, Liberals suck
PA, Co, IN and VA are on that list. Throw in FL (which I think is in the bag) and we have defeated this dumb ass!
The leaders of the UMWA (union) have bet the lives of themselves and their family on this election. If Hussein O loses they lose their jobs, if he wins the leadership and their families will lose the bet of their lives. I can remember when crossing a picket line was a sure way to get shot from long distance. The union leadership (lawyers and other assorted dumb a**es) has sold out to their money masters but the miners will still fight and take revenge. You can bet on that. You couldn’t hire me to work near the leadership now.
Today’s Washington Post, which will be the source of much of the print coverage of this election in all the regional newspapers, has a BIG spread on the candidates’ position, which does not include this item.
It is surely unprecedented that a presidential candidate has vowed to bankrupt an entire industry. He said it to a roomful of people at the San Francisco Chronicle, and neither they nor the Washington Post were willing to convey the message.