More change you can believe in … Obama says he will bankrupt the coal industry.
To the voters in coal states like Virginia, Ohio, Pennsylvania, Colorado and Indiana … did you hear what Barack Obama said about you to San Francisco? It wasn’t just that the people of Pennsylvania cling to their Bibles and guns, Obama also stated he would bankrupt the coal industry.
The following Obama audio is from January 2008:
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 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. (full transcript here)
As Newsbusters reminds us, imagine if John McCain had made such a comment that he wanted to bankrupt a major industry in the United States and just how fast that would make the front pages of newspapers across America.
Voters in coal states around the country need to know this. Barack Obama wants to essentially kill the coal industry, which is in line with Biden’s previous comment that there should be no coal plants in America. These are the coal states that would be affected if Obama is able to implement his Cap and Trade policy. It would also affect those companies right now that currently use coal as fuel. They would be hit so hard with fines that they would either have to invest in major capital changes to their plants to switch to a new fuel or go under.
UPDATE I: Gateway Pundit, EXPLOSIVE NEW AUDIO– Obama Promises San Francisco Audience He Will Bankrupt Coal Industry!!
UPDATE II: In Same Interview Obama Says He Will Cause Energy Prices To Skyrocket (Flopping Aces)
But what will this unions response be to Barack’s bankruptcy plan for the coal industry? Will they still bow at the alter of the one?
How could they not know what was in store for their industry? He is on record as saying he wants to change the behavior of the American people by raising the cost of fuel and power prices
Ask Sarah Palin if Obama will bankrupt the coal industry … YOU BETCHA!!!
“He said that, sure, if the industry wants to build coal-fired power plants, then they can go ahead and try, he says, but they can do it only in a way that will bankrupt the coal industry, and he’s comfortable letting that happen,” Palin said. “And you got to listen to the tape.”
The audiotape Palin was referring to was recorded by the San Francisco Chronicle in a Jan. 17 interview.
“Why is the audiotape just now surfacing?” Palin asked, leading someone in the crowd to shout, “Liberal media!”
Newsbusters reports that CNN is spinning for Obama until the very end calling this old news. Really, old news? Wouldn’t one have to actually report the entire story including the full audio for it to be old? Another great update at Newsbusters where it was reported that the initial SF Chronicle interview did not include any mention of Obama’s willingness to bankrupt the coal industry. Nice cover up MSM. Yet another example of the propaganda MSM carrying the water for Obama.
NewsBusters’ Tom Blumer has found out that the San Francisco Chronicle story published on January 18 based upon this January 17 interview did not include any mention of Obama’s willingness to bankrupt the coal industry which you can hear on the audio. You can read the story here when you scroll down to the “In His Own Words” section. Way to cover up for The One, SF Chronicle!
CHARLESTON – At least one state coal industry leader said he was shocked by comments Democratic presidential candidate Barack Obama made earlier this year concerning his plan to aggressively charge polluters for carbon and greenhouse gas emissions.
“Regardless of the timing or method of the release of these remarks, the message from the Democratic candidate for President could not be clearer: the Obama-Biden ticket spells disaster for America’s coal industry and the tens of thousands of Americans who work in it.
“These undisputed, audio-taped remarks, which include comments from Senator Obama like ‘I haven’t been some coal booster’ and ‘if they want to build [coal plants], they can, but it will bankrupt them’ are extraordinarily misguided.
“It’s evident that this campaign has been pandering in states like Ohio, Virginia, West Virginia, Indiana and Pennsylvania to attempt to generate votes from coal supporters, while keeping his true agenda hidden from the state’s voters.