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Obama: We’ll bankrupt any new coal plants
Hot Air ^ | November 2, 2008 | Ed Morrissey

Posted on 03/09/2011 8:09:55 AM PST by YankeeReb

[SNIP]

So, if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them, because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.

[SNIP]

Let me sort of describe my overall policy.

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.

(Excerpt) Read more at hotair.com ...


TOPICS: Government; History; Politics
KEYWORDS: bho44; bhoenergy; bhofascism; bhotyranny; coal; democrats; energy; envirofascism; liberalfascism; liberals; newpowerplants; obama; obamaenergypolicy; tyranny
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This was posted during the '08 election, but in view of recent events , and lack of action or energy policy it bears re-posting.

Just another example of the progressive way of governing. What we have is a promise by Hussein to cut our energy consumption. Cap and Trade was stopped in congress, but Barry's still keeping true to the left.

The recent oil spike and the media's silence are no accident.

Signed,
Capt. Obvious

1 posted on 03/09/2011 8:09:57 AM PST by YankeeReb
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To: YankeeReb
None of what's going on has anything to do with Obama. He had hisshot and all he did was bankrupt the entire world.

If you think those former dictators and their buddies think highly of him........ they don't! And they will get even.

2 posted on 03/09/2011 8:12:43 AM PST by muawiyah (Make America Safe For Americans)
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To: YankeeReb
don't anyone tell me Obama can't be beat.

He can't win

High food prices

His words on high Gas prices

Unemployment will rise on higher gas prices as people are hit with a daily tax because we are not drilling.

3 posted on 03/09/2011 8:15:22 AM PST by scooby321
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To: YankeeReb
The problem is the vast number of lefty moonbats who think O’Bankrupt is right on target. Remaining optimistic is a tough slog.
4 posted on 03/09/2011 8:16:24 AM PST by JPG (May the WI GOP stay united and strong.)
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To: YankeeReb

We will be importing our electricity from Mexico, and the payoffs to our politicians will be immense, oh what a racket.


5 posted on 03/09/2011 8:16:33 AM PST by junta (S.C.U.M. = State Controlled Unreliable Media)
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To: YankeeReb

Obama’s going to try to bankrupt us. Ho Hum...what else is new?


6 posted on 03/09/2011 8:17:32 AM PST by Jim W N
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To: JPG

He will bankrupt the lefties too. They like their Acura’s. They like their standard of living. Obama is going to bankrupt that too, not for just them, but, their children too.


7 posted on 03/09/2011 8:20:49 AM PST by himno hero
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To: YankeeReb; jenk

Thanks for posting.

Courtesy ping. Thanks for your OUTSTANDING expose on the attempt to build a plant in northern lower Michigan, jenk.


8 posted on 03/09/2011 8:21:18 AM PST by PGalt
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To: YankeeReb
While the lame stream media is and will continue to be silent about Barry's failed energy policies, average Americans will be painfully aware every time they fill their car with gas. The likely wet spring in the corn belt may mean lower corn production and thus lower ethanol production so the touting of biofuels as a solution won't hold up. The Chevy Volt is already a laughing stock so Barry doesn't have any real excuses except perhaps to again vilify the oil companies.

The GOP should be shouting for American oil, produced by American workers for a better American economy. I am expecting Barry will follow Jimmy Carter's example and impose price controls on gasoline giving us those long lines at the pump that were so popular in the late 1970s.

9 posted on 03/09/2011 8:22:31 AM PST by The Great RJ (The Bill of Rights: Another bill members of Congress haven't read.)
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To: scooby321

He ain’t even gonna run again...it’s apparent to me.


10 posted on 03/09/2011 8:22:52 AM PST by ErnBatavia (It's not the Obama Administration....it's the "Obama Regime".)
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To: YankeeReb

No problem. To assure the rest of us have sufficient power, just cut off all power to anyone who supports this destruction of America policy and let them freeze to death.


11 posted on 03/09/2011 8:27:24 AM PST by Wurlitzer (Welcome to the new USSA (United Socialist States of Amerika))
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To: All

Does anyone have an oppinion as to what would have to happen to make the people take to the streets? And tell me exactly what would have to happen to make YOU take to the streets?


12 posted on 03/09/2011 8:28:26 AM PST by Terry Mross (We need a SECOND party.)
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To: YankeeReb

The adminstration from hell.


13 posted on 03/09/2011 8:28:30 AM PST by the invisib1e hand (Every knife in my back pushes me forward.)
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To: YankeeReb

bookmark.


14 posted on 03/09/2011 8:28:35 AM PST by IrishCatholic (No local Communist or Socialist Party Chapter? Join the Democrats, it's the same thing!)
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To: YankeeReb
FUBO
15 posted on 03/09/2011 8:28:38 AM PST by ButThreeLeftsDo (Sharia? No, thanks.)
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To: YankeeReb

If I were the Governor of a state I would declare all Federal laws null and void. I would arrest any fed tying to enforce any fed law. I would push for secession. F it.


16 posted on 03/09/2011 8:28:45 AM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: YankeeReb
What prudent merchant will hazard his fortunes in any new branch of commerce when he knows not that his plans may be rendered unlawful before they can be executed?

-James Madison.
17 posted on 03/09/2011 8:31:18 AM PST by cripplecreek (Remember the River Raisin! (look it up))
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To: YankeeReb
..on this alone he should be impeached!. Using the federal government to pursue a private business when nothing illegal has been done.
18 posted on 03/09/2011 8:36:52 AM PST by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: YankeeReb
“This was posted during the ‘08 election, but in view of recent events , and lack of action or energy policy it bears re-posting. “

This was from an interview with the San Francisco Chronicle editorial board. (It was done in the spring, late winter I think?)
It was on their website for many months. But no one found it until just a few days before the election. I think it might have affected the election if used properly.
I think McCain's people were incompetent for not finding this and using it.

19 posted on 03/09/2011 8:44:13 AM PST by HereInTheHeartland (Yes We Can, have smaller government)
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To: Terry Mross

Do what in the streets. i have protested with signs on street corners previously.


20 posted on 03/09/2011 8:46:15 AM PST by mel (I DONATE to FR monthly...Do You?????)
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