President Obama is now looking to carry out his campaign promises to wreck the Coal Industry. In 2008, Candidate Obama promised he would make regulations for clean air so tough, it would make any ideas to create additional coal-fired plants economically impossible.
Shortly, his minions in the Environmental Protection Agency, will implement new clean air guidelines that will cause several things to happen:
- The Coal / Energy Production Industry will have to invest $180 Billion to meet the new requirements
- Many plants will shut down and may not reopen due to re tooling costs
- Many jobs will be temporarily or permanently lost
- By our President’s own words, he expects the cost of electricity to jump 23%
All of this during as Recession where Unemployment is over 9%. He is not making jobs, he is losing them. When middle america is hurting in the rising cost of gas, food and power, he proposes to add to their burden by forcing electric prices to jump. He has to go, along with his anti – business followers in Government.
2012 is coming!!!