Obama’s War on Capitalism

“So, if someone wants to build a coal-powered plant, they can.
It’s just that it will bankrupt them.

Once again, thanks this time to NewsBusters.com, we see the disdain for capitalism, the hatred of American industrial strength, and the overall contempt for America and everything for which She stands which is at the heart of Barack Obama’s worldview and ideological perspective.

We’ve known for a while that Barack Obama advocates a cap-and-trade system designed to punish industry, but what we’re seeing now is the motivation behind such a policy. We’ve known for a while that Barack Obama intends to draw down the military and spread America’s wealth (see, for example, his Global Poverty Act), but what we’re seeing now is the intent behind the ideology.

Obama’s statements in an interview used by the San Francisco Chronicle for a January 18, 2008 piece–of course, the paper makes no mention of Obama’s hope to bankrupt the coal industry–belie his superficially centrist and relatively innocuous campaign trail approach:

What I’ve said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else’s out there.

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.

The problem with cap-and-trade legislation as a whole is that it provides business and industry with an incentive to either set up shop outside of the United States or move existing operations elsewhere, perhaps to India or China which pollute more than we do yet have no such regulations. Here, however, this has direct consequences not just on business and industry, but on our economy and national security as a whole.

We need to be energy independent. Even Obama, in his soaring rhetoric with promises of a ten-year plan, says that energy independence is paramount. Our national security depends upon it. Our economic health and well-being depends upon it. Yet he refuses to drill offshore where it matters, he refuses to drill in ANWR, he refuses to explore the possibilities surrounding shale oil, and he holds the coal-power industry in utter contempt.

When he does speak about energy, he makes no sense. He says that filling our tires and having regular tune-ups will increase gas mileage and somehow eliminate our need for Middle Eastern oil. He says that nuclear power is great, but we can’t build more plants until we deal with a number of environmental issues. He even said, according to HotAir.com, that he wants a 15% reduction across the board in America’s demand for electricity, yet in the same breath says that he wants to force the transition to electricity, in vehicles and more, from gasoline. I guess he believes we can hope for more energy to appear out of nowhere; perhaps, we can produce biofuels from the excrement coming from the collective mouths of the political left.

Now, Obama supporters may be quick to respond that John McCain also supports cap-and-trade legislation. Indeed he does. Indeed, his McCain-Lieberman Climate Stewardship Act of 2003, the piece of legislation he said, in the second debate, was unfortunately not passed, is yet another example of a short-sighted, half-hearted and misguided plan which would adversely affect the American economy in the name of the unsettled science of and facade for socialism which is Global Warming. Still, even though this issue is one of many with which I do not see eye-to-eye with the Arizona senator, I am willing to give him the benefit of the doubt here because nothing suggests to me that his maverick-ish will to help the environment at all costs is born from the abhorrence of capitalism and the free market.

You’d think, at this point, it would be abundantly clear that a Barack Obama administration would mean nothing short of economic disaster for this nation. You’d think that the American people, hearing something as simply put as his intention to “spread the wealth,” would wake up and smell the socialism. Between his goal of raising capital gains taxes for the sake of “fairness,” to his plan to increase corporate taxes and hope that nobody loses their job, to his aspirations for a bankrupt coal-power industry and more, America will be lucky to emerge from four years of President Barack Obama with the economic strength and foreign policy clout of a western European nation.

Then again, knowing what we know about Obama and his perspective on America’s greatness, that might be exactly what he wants.



  1. dcomus says:


    Run this google search and see how this news item has disseminated!


  2. Anonymous says:

    If Obama had been properly vetted by the MSM; we would have the choice of Clinton or McCain; all this information I fear is just a little to late to help McCain; too much of America has fallen under his spell; just like the German and Russian people did in the last century and look were it got them and the rest of the world.

  3. Anonymous says:

    Actually, it just gets to the point where I have to believe that it is Obama’s intention to bring this country to its knees and humiliate it and its people before the world. Teach us a lesson? Too uppity? Reparations? He did talk of “reparative redistribution” on that 2001 tape. It was about African Americans. It is Newspeak for reparations.

  4. Florida Voter says:

    Paging Bill Ayers. Billy, are you there?

    I’d be proud of your little ManChild. He hath learned well.

  5. Anonymous says:

    Below is a link to a document every American should read!!! — It’s an Internet copy of Carl Marx’s “The Communist Manifesto”. It’s a short 16,500 word read – not very long! You really need to read this so you can understand the issue behind the “redistribution of wealth.”

    This is by far the most frightening document that I’ve ever read. As you read the manifesto, keep in mind that at the core of Marx’s beliefs was the endless class struggle between the “working-class” (known today as the “middle-class”) and the “bourgeoisie” or the “capitalist owners of property and wealth”. Marx believed that the all the surplus that goes to the capitalist as profits is in reality the “property” of the working class who created that wealth.

    The source of this document can be found at:

    The site also contains an analysis of the writings.

  6. Anonymous says:

    I will never understand how the UMWA could back obama. There are a lot of UMWA members not happy with the backing of obama. I hope all Americans really think long and hard before they pull the lever.

  7. Garacka says:

    1. I also don't agree with McCain's cap & trade position, but I believe that McCain would trade this off against other economic priorities, but that Obama would not because he's in bed with the Environmental and cap & trade lobbies. (BTW I've heard some say that Obama is closer to being a Fascist than a pure Socialist or Communist)

    2. Before the eligibility issue came up, I considered this to be a single issue election. That issue being which candidates were less likely to implement severe CO2 reduction initiatives.

    3. Even though I am not a social conservative, I almost jumped out of my car when McCain selected Palin, because I had been following her and understood that she knows the CO2 scare is a massive exaggeration of a minor warming contribution. My Hope is that she can Change McCain's position.

    4. I get the sense that the same anti-capitalist philosophy for which Obama is the shadow candidate for, also is the source of the anti-CO2 charade.

    5. They needed to find a technical justification, and so they took a nugget of truth (that CO2 increases should contribute to a bit of warming ) and exaggerated it by;

    a) Hiding the actual measured CO2 values that show that the levels we have now were exceeded as recently as the 1940's and in the 1820's and the 1850's (Georg-Beck) and waved the ice core CO2 data which under estimates CO2.

    b) Making up a water vapor positive feedback and ignoring cloud and water vapor convection negative feedbacks in their global models to make their results align with the political imperative.

    6. If there is some real investigative journalism on Obama in the future, I think they will find that the CO2 hoax will fit right in with the Socialism/Communism/Fascism movement. The same elements are there:

    A) Faked data:
    i. Mann's hockey stick temperature curve that fraudulently eliminated the Medieval Warming Period when the Vikings were farming in Greenland)
    ii. CO2 data

    B) Objective scientists stifled or not funded unless they speak the party line.

    C) MSM complicit in not investigating.

  8. Anonymous says:

    Hello my Patriotic friends!

    For me, Senator Obama was always too 'slick' …

    And if he wasn't spewing soundbites or re-reading the teleprompter text, that he had practiced for full impact & effect, then he was lost for words …

    Being lost for words, if one is assumed to be book-learned and even reasonably intelligent, was a major red-flag! It told me that Senator Obama was not able to speak extemporaneously because he was hiding his real thoughts … his real self!

    Here's what someone either posted here or on Mr. Berg's site. I think it bears reposting eventhough I'm certainly preaching to the choir …

    There are too many people 'afraid' to speak aloud about their choice this time around, and there are even more people who need to be 'shaken' by the blunt truth, in order to help them break their trance …

    We don't have to accept meaningless 'change', vacuous promises, and a Constitutional shakedown!

    I hope you'll send the following url to everyone you know on Monday …


    It's NOT too late!

    Your Patriotic friend,
    Richard Lawrence

    P.S. I apologize for posting as 'anonymous' … I can't get my google ID to update :-(

  9. bluewater says:

    Racism and collective hate are alive and well. How else do you explain an entire section of the electorate voting out of hate (for George Bush) and for a man of color without ever paying attention to the real issues. It doesn’t matter how long and hard you talk to people, it’s like pelting a giant marshmallow with ping pong balls – and it’s all about hate and color. A white man would never survive the depth of this assault. Swiftboats and one discrepancy on the war downed Kerry. A potatoe ruined Quail forever. Mondale was felled by a single statement – “There you go again!” DUkakis had his Horton – you get the picture.

  10. John Galt says:


    You still don’t get it.

    The gods of Political Correctness and Entitlement (Communism) have supplanted the gods of Christianity and Capitalism as the ruling gods in America.

    This is just as Ayn Rand wrote it would be in The Fountain Head during the 1940s and Atlas Shrugged in the 1950s

    The Ayn Rand Institute

  11. Anonymous says:

    Great comments, Jeff!

    When I was in school in the 1950s and 1960s, scientists believed that we were entering a new ice age. Now, it is global warming. Why the change in viewpoint by scientists? Man’s causation of global warming has yet to be established, and idiot Obama wants to wreck the U.S. economy in favor of China and the mideast. Why don’t we do our research first?

    The liberals and radicals call everyone a liar and “intentionally ignorant” if you disagree with them. When caught in a lie, Obama uses legalese to try to escape.

    All scientists do not agree that man causes global warming. If you count noses, more disagree according to a petition on the internet.

    For a contrary view, check out the article at: http://www.icr.org/article/4156/

  12. John Galt says:

    Anonymous dcomus said…
    Run this google search and see how this news item has disseminated!


    November 2, 2008 5:35 PM

    Now over 4.5 million hits on the Google search of "Sarah Obama Tape"

  13. Ted Park says:

    Off topic of “capitalism” but on topic for the main thrust of all the recent posts – how to legitimately defeat Obama.



    Whoopi Goldberg famously and recently – when provoked by some reasonable questions – blurted out with emphasis “Barack Obama is NOT a terrorist”.

    This statement is especially astonishing because she has no way of knowing. Any number of responses – “I don’t think he is a terrorist”, “You don’t have any evidence that he is a terrorist”, “I hope he is not a terrorist”, even “That’s preposterous” might be understandable. But such a stark statement of unknowable fact stunned a lot of people. It worried us that a lot of Obama supporters were stuffed full of such “non facts” and that this colored their perception of him and what he might do for our country and to our country.

    Now, I will be the first to admit that I don’t think that Obama is a “terrorist” in the sense of strapping on a suicide pack, flying an airplane into a building, or releasing chemical agents in a crowded place. But there are lots of kinds of terrorism – and in the final analysis terror is all about fear. And that, in turn, is somewhat in the eye of the beholder. But having said that, I think Obama IS a terrorist (i.e. fear-ist) because:


    First of all he is, by his own admission, a terrorist because he spent many years using fear and intimidation and teaching fear and intimidation as legitimate social behavior and an agent of change. His associates at ACORN have said he was particularly good at it.


    He is calling for a huge (his statement: funded at the level of the DoD) civilian security force. The purpose of which is to grow this perverse concept of Saul Alinsky type of community organizing to the national level and make it part of every day life for everybody. Remember that Alinsky’s most fundamental principle was achieving various objectives and “ends” by whatever means necessary.


    His wife is widely believed to be an extremist with a single laser-beam agenda: Black separatism and black supremacy. What little is known of her directly support this concern. She is also an avid student and follower of the Saul Alinsky agenda.


    Obama has several special friends who are indeed terrorists of the most extreme sort. Of particular concern are Bill Ayers, Bernadine Dohrn, Rashid Kahlid, and Edward Said. Half of these are PLO terrorists (or have the ability and desire to direct the efforts of same) and the other half are known and unrepentant domestic terrorists. Now, Obama denies a close association with any of these. But there is much circumstantial evidence that his association is much closer. In reality, however, for the purposes of this essay, what he thinks of them is far less important than what they think of him. There is every indication that they would do anything for him.


    Consider a current situation. If you were a judge charged with deciding whether, after all these months and Messiah speeches and adoring crowd, Obama was indeed eligible to be a candidate, how afraid would you be. The Weather Underground has burned down homes (of judges!) and killed people (policemen!) for less than this. Think carefully – would you fear for your life and well being of your family? Even in the absence of any specific threats, would you be mortally afraid?


    So, given all that, and the fear it induces in me, and at least 100 million people like me. How is it even remotely reasonable to say that Obama is not a terrorist. Without lifting a finger or issuing a command, he would have far more power in his hand, and far more dreadful power, than any previous human in history. He has the instant and easy ability to terrorize anybody in the United States and anybody in Israel. The amount of opportunity for extortion and general mayhem is unfathomable.


    And I haven’t even touched on other key areas: 1) His professed fondness for the UN and/or One World government, 2) His clear distaste for firearms and a real possibility of a major push to disarm Americans, 3) Any Muslim agenda he might have, 4) His possible allegiances to other nations, and 5) His perverse reasoning on American patriotism, flags, pins, saluting, pledge, military, etc.


  14. Ted Park says:

    I seem to be overflowing with essays tonite:

    Let’s say you have a baboon and the baboon bit you and you are mad. So someone shows you a mature orangutan that has generally been sociable and agreeable (even with people on both sides of the aisle). Some smirking salesman (did I hear somebody say David Axelrod?) shows you a large sack with the word HOPE stenciled on the side. There is a lot of noise and banging around in the sack. There is obviously something in there, maybe even bigger than the orang.

    Now what would a wise man do? Pick the orang – or – saying it’s too much like a baboon, opt for a CHANGE and pick the HOPE?

    There, you see, it’s easy – - -

  15. Anonymous says:

    Exactly right. His run for the presidency seems way too calculated by a group of folks that hate America and seek to destroy us and what better way to do that than from within. Yeah, there are millions out there who look at this guy as some kind of savior rather than the corrupt liar that he really is. Beats the heck out of me what it is that people see in him and his record(or lack there of) that makes them think that he’s capable of running even a respectable household(he had to cheat to get his home), let alone run this nation. And yes, Jeff, I’m a conservative, Christian, and proud to be an American even in the worst of times…and that will never change for me either! Keep up the great work!

  16. Anonymous says:

    Those who “have not” will vote Obama. I am amazed to hear comments from people on the street who actually want socialism. They don’t care what happens to the “haves” as long as they have nothing to lose. What bothers me to no end is that they DO have something to lose…..their lives. NO ATTENTION has been given Obama’s plan to draft young americans into service: military and para-military through his “National Service Plan”. Only this knowledge would turn the “have nots’” attitude around. A shame.


  17. bluewater says:

    Let me get this straight – Obama is fighting in Penn, Vir, and Ohio – all states with coal mines, coal plants and coal unions. I will sleep better tonight than I have in a long time.

  18. Gary says:
  19. John Galt says:

    Interesting Tipp poll

    What Do Americans Think of Socialist Policies?
    Survey Dates: August 4, 2008 to August 9, 2008
    Sample Size: 856 Adult Americans

    Agree or disagree: I am willing to pay higher taxes in order to support more social programs?

    Democrats were split even

    The only group that favors socialism are Obama supporters.

    One of the questions was “Do you think America is evolving into a socialist state” Obama supporters said no by over a 3:1 margin.

    There is no way to have an intelligent discourse with extremist like Obama’s supporters. They obfuscate everything.


  20. Anonymous says:

    hmmm, another definition of socialism:

    “we’re going to reshape America in a way that is less mean spirited and more gererous”

    Can this guy ever get his story straight???

    “Obama moved to Southeast Asia at age 2 when his parents divorced and his mother married an Indonesian.”


  21. Anonymous says:

    I can not believe that this man is an American. He doesn’t like America. He seems to want to destroy it. Is there any chance that a commercial can be put up at this late date on his comments on coal? By the way Mason and Dixon came out with their polls from battleground states. The numbers look good. This is not over!

  22. Anonymous says:

    Gotta tell ya, Jeff. The “credibility” that being a law student brings you does not transfer very well to a discussion of energy, energy policy or the critical path to ending dependence on fossil fuels. This is certainly the first post I have read in which you simply and with excruciating detail demonstrate that you have absolutely no idea what you are talking about.

    Stick with the legal commentary kid. Everybody has a bad day… this was one of yours.

  23. Anonymous says:

    This coal story is all over the place. Drudge now has it in “red”, Hannity was just using it on Fox, ABC has covered it, robo calls in WVa and PA are being made using the tape, Palin quoted it today in a stump speech and referenced the tape. It has already gone viral.

  24. Anonymous says:

    I’m in the UAW and I dont like the idea my union is endorsing him. I would think all members of a union should have to vote for who they want the union to endorse instead of just assuming we all do.

    CNN is trying to cover for Obama over his coal statements. Who knows, this may do Obama in. He just showed everyone how unAmerican he is.

    I live in IL. a big coal mining state. Oh how I wish my state would turn red this election.

    I cast my vote for McCain last Monday.

  25. Rob Shore says:

    The GOP internal polling numbers seem to disagree with the National Pollsters in quite a few areas.

    NJ: McCain 48 Obama 43 Und 7

    PA: McCain 55 Obama 33 Und 10

    MI: Obama 44 McCain 42 Und 10

    CA: Obama 44 McCain 43 Und 9

    Maybe Americans have decided to take matters into their own hands?

    All those hits must have meant something.

  26. Anonymous says:

    Will Gallup be right???????



    Party Breakdown is
    10% + for Dems

    Final Presidential Estimate: Obama 55%, McCain 44%—

    Obama was able to match McCain in maintaining party loyalty toward his candidacy: 91% of Democrats say they will vote for Obama, the same as the 91% of Republicans voting for McCain.

    final poll independents preferred Obama to McCain by 48% to 43%

    In the final poll, 38% of U.S. adults identified as Democrats,
    34% as independents
    and 26% as Republicans.
    Among likely voters, the figures are 39%, 31% and 29%, respectively.


  27. Anonymous says:


    You are right on energy policy. Ignore the anonymous poster earier. It is probably Al Gore, the new head of the EPA. What a scary thought. I guess we will all be riding bikes to work..

    “The automobile is the greatest danger to mankind.” Al Gore

  28. Anonymous says:

    @rob shore: Where the heck did you find those numbers?!!?!?

    I know I heard Obama was campaigning in CA because of the large republican turn out in the pre-election voting. I just had no idea that things were looking so good for McCain.

    Best news I’ve heard in the past month!

  29. Anonymous says:
  30. msjkulig430 says:

    Pass This On To Your Liberal Friends. Hopefully They Are Smart Enough To Understand This.

    The following was written to explain Barrack Obamas definition of how he wants America to be. This was written by the Professor of Economics at the University of Georgia to explain to the brainwashed Obama supporters in simple terms.

    Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes,it would go something like this: Keep in mind, this is to happen EVERY DAY!

    The first four men (the poorest) would pay nothing.
    The fifth man would pay $1.
    The sixth man would pay $3.
    The seventh man would pay $7.
    The eighth man would pay $12.
    The ninth man would pay $18.
    The tenth man (the richest) would pay $59.

    So, that’s what they decided to do.

    The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers,’ he said, ‘I’m going to reduce the cost of your daily beer by $20.
    Drinks for the ten now cost just $80 instead of $100

    The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. The poorest four would still drink for free.

    But what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’

    They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man currently paying $1 and the sixth man currently paying $3 would each end up being PAID to drink his beer.
    So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

    And so:
    The fifth man, like the first four, now paid nothing (100%savings).
    The sixth now paid $2 instead of $3 (33%savings).
    The seventh now pay $5 instead of $7 (28%savings).
    The eighth now paid $9 instead of $12 (25% savings).
    The ninth now paid $14 instead of $18 (22% savings).
    The tenth now paid $49 instead of $59 (16% savings).

    Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.

    ‘I only got a dollar out of the $20,’declared the sixth man. He pointed to the tenth man,’ but he got $10!’

    ‘Yeah, that’s right,’ exclaimed the fifth man. ‘I only saved a dollar, too. It’s unfair that he got ten times more than I got’

    ‘That’s true!!’ shouted the seventh man. ‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’

    ‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor!’

    The nine men surrounded the tenth and beat him up.

    The next night the tenth man didn’t show up for drinks so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something. They didn’t have enough money between all 9 of them for even Half of the bill!

    And that, ladies and gentlemen, journalists and college professors, is how our tax system works!! (And this is BEFORE Obama raises the job creating so called “Wealthy” even more!!)

    The people who pay the highest taxes get the most benefit from a tax reduction. (DUH) Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier. And this in turn will take money away from America, away from job creation, away from everything that makes America great! Given the facts without fancy words, would you vote for Obama?

    David R. Kamerschen, Ph.D.
    Professor of Economics
    University of Georgia

  31. msjkulig430 says:

    A. Criminal Division’s Public Integrity Section/DOJ http://www.usdoj.gov/criminal/

    The link at the very end is an analysis related to a recent article that was posted written by By Dr. Edwin Vieira, Jr., Ph.D., J.D. “OBAMA MUST STAND UP NOW OR STEP DOWN” on Oct 29, 2008. http://www.newswithviews.com/Vieira/edwin84.htm

    Except for some of the comments at the end of a few key paragraphs this information comes verbatim from the DOJ’s manual on how to prosecute “election crimes.” This analysis includes all the legal case citations used by the DOJ in the manual. The manual is 384 pages. The paragraphs have been copied/pasted from the manual that were relevant to what is happening today in the election, in regards to BO’s birth-certificate and his “eligibility” issue. Again, the talking points are in parentheses at the end of some of the paragraphs. The campaign finance issues are addressed in the DOJ manaual, but NOT in this analysis.

    I encourage everyone to contact the DOJ, http://www.usdoj.gov/criminal/ and file a formal complaint.

    To read the analysis, click here:

  32. richard says:

    Here is a very interesting story. It might be a bit of a stretch, but if true, it might explain a lot. Judge for yourself.


  33. Anonymous says:

    >Anonymous said…
    >Here's an audio clip on Internals

    OMG, I think I just wet myself.
    Thanks for sharing.

  34. Anonymous says:

    It is so sad, I just read the last several paragraphs that jeff schreiber wrote and they are 100% opposite from a video in which obama spoke.
    W hat a tanged web we weave when we practice to deceive

  35. Anonymous says:
  36. Kahleeka says:

    I don’t know what to do other than pray and write to newspapers and the tv stations and complain about bias. I’ve made phonecalls too. Talked to everyone I know . . . I’m exhausted, frightened and clinging to my God and gun!

  37. Anonymous says:

    We have a 10 or 11 trillion dollar debt. A decreasing 13 trillion dollar economy. The government employs over half of all working Americans, which means they do not contribute to production, which produces long term wealth. The corporations are barely staying in business, mostly due to loans from the banks and outsourcing, which is in turn dependent on a financially strong American economy backing the emerging markets. The only way our economy can help the emerging markets, to whom we are in financial debt, is to strengthen our own economy by drastically decreasing the government payroll. The government’s only alternative is printing more money, which will work for a very short while. One day we will wake up and the maxed out bank accounts, guaranteed to a whopping $250,000 will overnight be reduced to $25,000. They did it in France, moved the decimal point over one place, it will definitely happen here as well. And they will turn to euthanasia along with abortion and infanticide to keep their costs down so they can be in power and party for a few years. But the liberal bubble has already burst, creative accounting may keep it going for a while, but they won’t be able to pay off voters with pennies.

  38. Anonymous says:

    Coal is mined in 27 U.S. States, mainly in 10 States (per KET). It is used for HALF of the U.S. electrical power plants in most States. Even the nuclear power plants may have coal powered backup power used to shut down the nuclear plant in case of an Event. Coal is carried by the railroads on a daily basis and thus represents substantial daily revenue to the railroads. It also represents daily income to the coal miners and mining industry. The 10 main coal producing States are Montana, Illinois, Wyoming, West Virginia, Kentucky, Pennsylvania, Ohio, Colorado, Texas, and Indiana. 90 percent of U.S. coal is used for power generation. There are about 1,500 coal electrical power plants in the U.S. (per Wiki). Replacing coal with natural gas and ignoring the substantial replacement or conversion power plant costs still doesn’t account for the 4 plus TIMES MORE that natural gas costs per unit versus coal (per DoE). Does anyone really believe that the electrical companies won’t pass along 4 times their fuel costs directly to the consumers if they are forced to convert?? They already pass along seasonal fuel increases now.

    So, Obama’s comment that he doesn’t mind BANKRUPTING the coal industry smacks at least 27 States directly in the face, and it smacks multiple industries in the face who are dependent upon coal and most importantly it smacks the public in the face with massively higher electric power bills that will result as the coal is taxed with cap and trade and as it is forced to be phased out. And Obama doesn’t care if it does.

    Any replacement plants will take years to build and will cost massive amounts of money which will come directly from electrical power consumers’ higher bills.

    Wake up folks! Your electrical bill is next to be attacked by Obama and his ilk and you may not have to wait months to see bills several times what you pay now. How many people (much less poor and elderly on fixed incomes) can afford to pay electrical bills FOUR PLUS times higher than they are NOW?

    (p.s. I got these facts by quick Yahoo search of sites and it is about time that the media tell us about this craziness. Feel free to email the media and make this your own revelation to them.)

  39. Anonymous says:

    Here is feedback from the Ohio Coal Association President concerning Obama’s comments.
    I’d say the industry feels betrayed on behalf of the folks working and living in States like Ohio, Virginia, West Virginia, Indiana and Pennsylvania.

    Coal Officials Blast Obama Over Remarks

    I hope more media comments come from the industry in the remaining coal States!

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