Why Does Obama Want To Shut Down the Coal Industry?

Articles: Crony Capitalism and Obama’s Anti-Coal Crusade.

Here are a few excerpts from an article written by Ed Lasky, news editor of American Thinker.  You really need to read the whole article to get all the names and how they so neatly fit together.  We got Rham and Bill Ayers just to mention a couple.  Great investigative report Mr. Lasky.

Barack Obama has long sought to bankrupt the coal industry. But, Cook County politician that he is and always will be, the relevant question is: who benefits from his plans wreck a major portion of our economy while also boosting electricity prices across America?

A clue: he and his pals from Chicago have incestuous ties to the one company whose prospects will be boosted by Obama’s policies.

—–[snip]—–

He told the editorial board of the San Francisco Chronicle on January 17, 2008 of his plans:

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.

That will also generate billions of dollars that we can invest in solar, wind, biodiesel and other alternative energy approaches.

The only thing I’ve said with respect to coal, I haven’t been some coal booster. What I have said is that for us to take coal off the table as a (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.

So if somebody wants to build a coal-powered plant, they can.

It’s just that it will bankrupt them.

He also promised that under his plans to transform the energy industry “electricity prices would necessarily skyrocket.”

—–[snip]—–

He has used his executive power to seal off vast areas of federal land from coal mining. 

—–[snip]—–

Lisa Jackson, the head of the EPA, has been his point person in driving this agenda.

—–[snip]—–

Now we have Barack Obama, his hand-picked appointees and his cronies pursuing policies that will again boost electricity bills and benefit Com Ed and its corporate parent.  A richer Exelon is a happier client for David Axelrod.  While Barack Obama has angered many in the corporate community, rest assured that dollars will flow from the corporate coffers and officers of Exelon to fund Obama’s road to the White House.

—–[snip]—–

Think about that when you rush to turn off your lights: Obama and his cronies like to keep us in the dark.

Posted by kaj on Mon, 06-13-2011 at 23:05:03