If President Obama is reelected, many more businesses will be negatively impacted as Obama continues his attempt to "remake America." Arguably, no industry will suffer as much as the coal industry – which is already under attack by the Obama administration.
Over at National Review Online, Katrina Trinko – who I had the pleasure of interviewing several times on my former radio show – takes a detailed look at Obama's intentional destruction of the coal industry in, "Obama's War on Coal."
The Obama administration has imposed regulations on the coal industry “that have huge economic costs, but questionable and minimal environmental benefits,” says Nicolas Loris, an energy-policy analyst at the Heritage Foundation. “The administration has made the construction of new coal-powered utility plants exceedingly difficult, if not almost impossible, and it has shut down mines or made it much more difficult to keep them open.”
“The Obama administration has done everything it possibly can to destroy the American coal industry,” says Mike Carey, chairman of the Ohio Coal Association and vice president of government affairs at the Murray Energy Corporation. “Under Obama’s leadership, we have gone from producing 1.2 billion tons to somewhere in the neighborhood of 800 million tons. It’s disingenuous at best for Obama to say that he supports the coal industry when we have lost one-third of our production.”
The real question is: why would anyone in coal country vote to give Barack Obama a second term as president when to do so would be employment suicide?
Plese read all of Katrina's fine piece by clicking --> HERE.
Comments