It is now apparent that many of Obama’s promises were lies he never intended to keep, or didn’t care if he would keep. Most have come with an expiration date, as Glenn Reynolds quips. Consider, for example, “if you like your health care plan you can keep it. Period;” or “One of the first things I’ll do as president is close the Guantanamo detention camp for terrorists;” or, “my administration will be the most transparent in history.” But here’s one promise he’s keeping that I wish he wasn’t – putting the American coal companies out of business.
Obama’s plan to destroy the coal companies took a step forward yesterday when the largest American coal producer, Peabody Energy, filed for reorganization bankruptcy. It’s just the latest coal company to do so.
The United States is the Saudi Arabia of coal. True, some coal is relatively more polluting than natural gas or oil, but when burned with emission pollution scrubbers, already commonplace, the pollution is almost entirely eliminated. So why the hate on coal from Obama and the Democrats? It’s because it represents the cheapest source of energy for Americans. The world-wide condemnation of coal is a tactic by global authoritarian elites, operating under the ruse of socialistic benevolence, to redistribute wealth from the Unites States to the Third World by making American energy more expensive. But what people everywhere need, especially those in underdeveloped countries, is cheaper energy, and coal, burned with pollution scrubbers, can provide lots of that.
Meanwhile, as they also harass the frackers who are making America oil-independent, Obama and the Democrats have poured taxpayer money into “green” energy companies, often run by connected, big Obama money-men and other Democrat cronies; some of those outfits, like Solyndra, have turned out to be over-hyped scams for profit. And remember that not too long ago Al Gore, on the surface the anti-fossil-fuel crusader, sold his never-profitable, short-lived small cable TV operation for hundreds of millions to Saudi oil interests; the Saudis ran it a while as a show, then recently closed it down. Well, who has a greater interest than the Saudis (and other Third-World oil producers like Obama’s socialist pals in Venezuela) in seeing the use of cheap coal in the US shut down? As wise men and women know, whether looking at Al Gore or the Clinton Foundation, which rakes in scores of millions from dark-moneyed interests around the world – just follow the money.
It’s all one big ruse, and a lot of rubes are still fooled.