Hidden Audio: Obama Tells SF Chronicle He Will Bankrupt Coal Industry

Newsbusters ^ | 11/02/2008 | P.J. Gladnick

[chessplayer]

Imagine if John McCain had whispered somewhere that he was willing to bankrupt a major industry? Would this declaration not immediately be front page news? Well, Barack Obama actually flat out told the San Francisco Chronicle (SF Gate) that he was willing to see the coal industry go bankrupt in a January 17, 2008 interview. The result? Nothing. This audio interview has been hidden from the public...until now.........

.........Here is the transcript of Obama's statement about bankrupting the coal industry (emphasis mine):

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.

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.

Story Continues Below Ad ↓

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.

Amazing that this statement by Obama about bankrupting the coal industry has been kept under wraps until this time.

[Focault's Pendulum]

My comment may be removed for language.

This guy is a fucking idiot!!!!

[raybbr]

[P-Marlowe]

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.

Barrack HUSSEIN Obama

[ASA Vet]

but it’s good to have some ammo saved

Either way the election goes, that is great advice.

[dalebert]

and just why isnt this getting legs

[Buchal]

Because McCain has bought into the Global Warming Hoax as well, intent on ruining the economy too, just not as rapidly . . .

[Peter Horry]

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

It is becoming ever more difficult. They are trying to build one near me now. Between current regulators (environment impact statements ad nauseam), protects and litigation it is becoming “not worth the effort”. We have a lot of work to do, on many fronts, if we hope to remain a prosperous (not to mention free) nation.

[Buffalowolf]

Don’t forget Wyoming. We have shipped out more coal from Campbell county in a month then some of you states can in a year.

So I say if this moron from hell is elected and he wants to mess with the coal industry, then I say it is time for the the coal and power industries to “switch off” the power for 24-48 hrs to show the rest of the country just what it is like to be “BLACK”!!!!!!

[freedom4me]

“This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7.”

I hope the RNC is listening. This could be a game changer in more than one state.

[fuzzybutt]

I am so glad that all these juicy tidbits keep popping up, this construct could not be worse for our country.

[Leftism is Mentally Deranged]

More likely he will seize its assets and use them to spread the wealth around, while claiming that it’s for the environment.

[blueyon]

“This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7.”

We need to post it everywhere. See this link for Freepers well put together radio/news station lists. http://www.freerepublic.com/focus/f-news/2122417/posts Comment number 23 has email addresses. Great job Freepers and KEEP IT UP!

[Salvation]

Lost a lot of voters there, didn’t he?

[USMCPOP]

Dear Barry,

I urge you to rethink your position on this one. I know that you fully intend to turn the U.S.A. into another third-world socialist country. It would be frikkin' nice if it was a warm third-world country!

Burning a lot of coal would help us keep warm while we wait for global warming due to the greenhouse gasses. Once it warms up, we can all sit in the dirt outside our hovels and wait for handouts without our teeth chattering.

[4integrity]

‘...This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7...’

this was my first thought too. Hope Pa. Freepers send this to their TV and radio stations.

[HungarianGypsy]

BTTT

Send this far and wide.

[pabianice]

“Video is no longer available.” The Obamanazis got another one hidden.

[ocr1]

ping

[ocr1]

I just watched. Wait a minute and try to reload the page. Youtube sometimes hiccups like this.

[Freedom4US]

It is awfully “convenient” that the one single resource that America has - coal - has been so thoroughly demonized via the “climate change” folks. Coal is extraordinarily versatile in that it can also be converted into gasoline and diesel fuels as well. Not cost effective at current price per-barrels, but it’s nice knowing the option - it’s there.

It’s also curious that prior administrations locked up high-quality coal at Utah - without even notifying anyone in Utah. Since the “securitization” of just about everything including real estate and credit cards has failed, it’s not too much of a stretch to conclude the government has long ago pledged, swapped, borrowed against federal resources for fun and profit, while maintaining a cloak of secrecy under the guise of “environmentalism” and “protecting the environment.”