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Old 11-02-2008, 12:20 PM
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Obama tells San Francisco he will bankrupt the coal industry

I wonder what effect this video will have for people in coal producing states who's livelihoods depends on it? Not to mention the effect of higher electric rates for everyone who relies on coal to produce their electricity. I fall into that catagory and I pay very high rates as it is right now. Can you imagine the price of oil/gas with no domestic coal production to heat our homes and run our factories? We will be at the mercy of OPEC countries no doubt.

YouTube - SHOCK Audio Unearthed OBAMA TELLS SAN FRANCISCO HE WILL BANKRUPT THE COAL INDUSTRY
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Old 11-02-2008, 12:29 PM
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No point in explaining that that's not what he said. The truth doesn't even begin to matter to you people.

A quick google search makes it clear that this is the official talking point of the right wing blogosphere today . . . ho hum.
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Old 11-02-2008, 01:30 PM
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What about his gloating about driving businesses to bankruptcy? Has there ever been a presidential candidate who looked forward to the prospect of destroying someone’s life’s work and costing thousands of people their jobs?
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Old 11-02-2008, 02:07 PM
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APenny, the libs cannot hear what Obama is saying because they don't want to hear it. Yes, he says they'll be bankrupt due to the fees and taxes. He will basically put them out of business/bankrupt them.
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Old 11-02-2008, 02:07 PM
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In Obama's own words:

"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 emitting those greenhouse gasses."

That clearly sounds like he is aware that his plan will definitely hurt the industry as well as the employees of those plants. Until we find alternative sources of energy, he has no business penalizing them that harshly. His plan is to penalize them monetarily and then in turn use those penalty funds to research alternative energy sources. That's cutting off your nose to spite your face and it's a fundamentally stupid idea that hurts industry and hard working Americans. But that's ok, I guess.
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Old 11-02-2008, 02:12 PM
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What he said was that it would bankrupt a company to build a coal plant. It won't affect existing plants.

When we switch to wind and solar, it likely will affect coal plants and their ability to compete with clean energy.

I feel no nostalgia for the smoke, the mercury in our fish, or the mine cave ins.
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Old 11-02-2008, 02:46 PM
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What he said was that it would bankrupt a company to build a coal plant. It won't affect existing plants.

When we switch to wind and solar, it likely will affect coal plants and their ability to compete with clean energy.

I feel no nostalgia for the smoke, the mercury in our fish, or the mine cave ins.
So we can start bankrupting car manufacturer's, Boeing too, because when we all start flying around in our solar powered personal flying devices we won't have any need for those cars and airplanes that pollute out planet. . . .


Btw. . .if we really want clean renewable energy we would be building nuclear plants. . . .but that is not very politically correct.
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Old 11-02-2008, 03:49 PM
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So we can start bankrupting car manufacturer's, Boeing too, because when we all start flying around in our solar powered personal flying devices we won't have any need for those cars and airplanes that pollute out planet. . . .


Btw. . .if we really want clean renewable energy we would be building nuclear plants. . . .but that is not very politically correct.
We really do not have a good solution for disposing of spent nuclear fuel. Moreover, nuclear plants are incredibly expensive to build.

By failing to anticipate the end of cheap oil, car manufactures have a rough road ahead of them. Most American cars aren't built here anyway. It's why I drive a Honda.

We have no alternative to airplanes at the moment. An investment in high speed rail would be worthwhile.

And, yes, we certainly do need clean air and water.
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Old 11-02-2008, 04:07 PM
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Actually, I ran across the full speech and these quotes were taken out of context:
"Barack Obama: I voted against the Clear Skies Bill. In fact, I was the deciding vote. Despite the fact that I’m a coal state. And that half my state thought that I had thoroughly betrayed them. Because I think clean air is critical and global warming is critical. But this notion of no coal, I think, is an illusion. Because the fact of the matter is is that right now we are getting a lot of our energy from coal. And China is building a coal-powered plant once a week. So what we have to do then is figure out how can we use coal without emitting greenhouse gases and carbon. And how can we sequester that carbon and capture it. If we can’t, then we’re gonna still be working on alternatives. But...let me sort of describe my overall policy. What I’ve said is that we would put a cap and trade policy in place that is as aggressive if not more aggressive than anyone out there. I was the first call for 100% auction on the cap and trade system. Which means that every unit of carbon or greenhouse gases that was 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 are being built, they would have to meet the rigors of that market. And the ratcheted down caps that are 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. That will also generate billions of dollars that we can invest in solar, wind, biodiesel, and other alternative energy approaches. The only thing that 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 ideological matter, as opposed to saying if technology allows us to use coal in a clean way, we should pursue it. That I think is the right approach. The same with respect to nuclear. Right now, we don’t know how to store nuclear waste wisely and we don’t know how to deal with some of the safety issues that remain. And so it’s wildly expensive to pursue nuclear energy. But I tell you what, if we could figure out how to store it safely, then I think most of us would say that might be a pretty good deal. The point is, if we set rigorous standards for the allowable emissions, then we can allow the market to determine and technology and entrepreneurs to pursue, what the best approach is to take, as opposed to us saying at the outset, here are the winners that we’re picking and maybe we pick wrong and maybe we pick right."
Ben Smith's Blog: Bankrupting coal? - Politico.com
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Old 11-02-2008, 04:25 PM
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Hopefully the bucket brigade will get tired of this soon .... sigh

(not sophomoric at all .... )
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Old 11-02-2008, 04:35 PM
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This one started at Newsmax.
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Old 11-02-2008, 04:39 PM
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Obama quote at 12:58pm - "I am a Christian, not a Muslim."
Newsmax quote at 1pm - Obama says "I am ... a Muslim." (ellipsis optional - depends on the author)
MC chatter at 1:01pm -- I read Obama said "I am a Muslim" - what do you think?
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Old 11-02-2008, 04:43 PM
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It's just so unlike the Republicans to lie and take stuff out of context . . . not.
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Old 11-02-2008, 07:41 PM
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You must be from Northern Va w/ all the other carpet baggers working for the government. B. O. will start the downfall of this country.
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Old 11-02-2008, 08:03 PM
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No, actually, but if that's the best you've got, it's no wonder McCain is losing.
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Old 11-02-2008, 09:45 PM
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Originally Posted by kvmj View Post
We really do not have a good solution for disposing of spent nuclear fuel. Moreover, nuclear plants are incredibly expensive to build.

By failing to anticipate the end of cheap oil, car manufactures have a rough road ahead of them. Most American cars aren't built here anyway. It's why I drive a Honda.

We have no alternative to airplanes at the moment. An investment in high speed rail would be worthwhile.

And, yes, we certainly do need clean air and water.
Yes we do, but bankrupting what we currently have before we are fully converted to alternative methods serves no purpose.
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Old 11-02-2008, 10:39 PM
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Originally Posted by truble2301 View Post
No point in explaining that that's not what he said. The truth doesn't even begin to matter to you people.

A quick google search makes it clear that this is the official talking point of the right wing blogosphere today . . . ho hum.
"If somebody wants to build a coal power 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," Barack Obama said to the San Francisco Chronicle in January. Barry

Obama Called Out for Comments about Bankrupting Coal Industry

If that isnt what he said, the what did he say?????????? He is saying he will tax them so much they will go bankrupt....How hard is that to understand...You all dont even believe direct quotes made from the man????? Sherri
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Old 11-02-2008, 10:59 PM
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Originally Posted by sher218 View Post
"If somebody wants to build a coal power 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," Barack Obama said to the San Francisco Chronicle in January. Barry

Obama Called Out for Comments about Bankrupting Coal Industry

If that isnt what he said, the what did he say?????????? He is saying he will tax them so much they will go bankrupt....How hard is that to understand...You all dont even believe direct quotes made from the man????? Sherri
Would it matter to you that Sen. Obama and Sen. McCain agree on Cap and Trade?

"Q.12: More than 100 new coal fired power plants are being planned in the United States. It is important that all new investments in power plants and other long-lived assets use the most advanced technology available, rather than lock in decades of excessive pollution. To accomplish this, each new plant should be required to capture and safely dispose of its global warming pollution.

Would you support legislation that requires each new power plant to capture and safely dispose of its global warming pollution?

"I support a national greenhouse gas emission cap and trade regimen that includes responsible emission limits and allows market forces to determine how best to meet them. Such a regimen will provide a decisive economic incentive for power producers to maximize the capture of carbon emissions. Clearly, a utility that builds a new coal plant without factoring in the inevitable curbs on carbon emissions necessary to combat climate change or the market opportunities of limiting such emissions would be doing a disservice both to their customers and stockholders. Accordingly, I believe that new coal plants should be constructed in a manner that is capture-ready, and can accommodate the retrofit of this technology as it advances."

Senator John McCain (R)

When he says "market forces" and "decisive economic incentive" he is saying the same thing. Sen. Obama in the sound bite is just saying it in a way you can understand.
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Old 11-02-2008, 11:02 PM
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Perhaps you might want to read this about Sen. McCain and his support for Cap and Trade.

McCain Pushes 'Cap-And-Trade' Plan to Fight Global Warming
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Old 11-02-2008, 11:06 PM
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If that isnt what he said, the what did he say?????????? He is saying he will tax them so much they will go bankrupt....How hard is that to understand...You all dont even believe direct quotes made from the man????? Sherri
I have directions to the Obama is the AntiChrist thread. You might feel more comfortable there.
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Old 11-02-2008, 11:48 PM
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I have directions to the Obama is the AntiChrist thread. You might feel more comfortable there.
NO thats ok..I feel very comfortable with how I feel about Barry....I think he's the next JIm Jones and people sure are drinking the kool-aid.....Sherri
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Old 11-03-2008, 12:03 AM
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"If somebody wants to build a coal power 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," Barack Obama said to the San Francisco Chronicle in January. Barry

Obama Called Out for Comments about Bankrupting Coal Industry

If that isnt what he said, the what did he say?????????? He is saying he will tax them so much they will go bankrupt....How hard is that to understand...You all dont even believe direct quotes made from the man????? Sherri

Yes, that's clearly what he said. Black in white, plain and simple.
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Old 11-03-2008, 04:39 AM
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He did NOT say it will bankrupt the coal industry. Plain and simple. Black and white.
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Old 11-03-2008, 05:00 AM
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He did NOT say it will bankrupt the coal industry. Plain and simple. Black and white.
Nobody claimed that he said that it will bankrupt the industry. . .only that it will bankrupt companies within the industry, thus hurting the industry.

He said:

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.

What part of that don't you get?
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Old 11-03-2008, 05:20 AM
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Nobody claimed that he said that it will bankrupt the industry. .

Look up and read the title of the thread.
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Old 11-03-2008, 05:48 AM
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Yes we do, but bankrupting what we currently have before we are fully converted to alternative methods serves no purpose.
Please read the whole speech.
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Old 11-03-2008, 10:35 AM
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It's just so unlike the Republicans to lie and take stuff out of context . . . not.
Oh please...general statements like this are ridiculous. As if people on both sides aren't doing this about one thing or another. Neither the Republicans or the Democrats are being completely truthful about everything. It's not like it is just the Republicans. It is called and election. There are always half truths, things out of context, and mudslinging from all sides. It's called politics. Not that it is right and that we love it, but it always happens in an election-both sides. Of course Republicans take things out of context...so do the Democrats. We are all going to see things the way we want to. To say the other party is engaging in these acts , and implying that your party isn't ,is not being realistic. No party is perfect.

Let me make it perfectly clear that I am not commenting on the validity of this particular thread, just this general type of comment from people of both parties.
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Old 11-03-2008, 12:01 PM
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National Mining Association Comments on Senator Obama's Coal Policy.

National Mining Association (NMA) President and CEO Hal Quinn today responded to comments Senator Obama reportedly made in a January 17 interview with the San Francisco Chronicle. In response to a question, the senator said his climate change policy would "bankrupt" U.S. coal:

"Bankrupting the coal industry would be tantamount to bankrupting the American economy. Coal generates half of our nation’s electricity, employs hundreds of thousands of Americans and provides millions of dollars in revenue to coal states.

"Destroying the coal industry would break America’s energy backbone. It would raise the cost of energy for households and businesses throughout the country and create massive job losses. We trust the candidates understand this and do not believe that destroying the coal industry is part of the change we need."

National Mining Association
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Old 11-03-2008, 12:03 PM
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Ohio Coal Association Says Obama Remarks Make It Clear: Obama Ticket Not Supportive of Coal
http://www.marketwatch.com/news/story/Ohio-Coal-Association-Says-Obama/story.aspx?guid={DFD1EBEB-73EC-4661-B8BA-40D8EBD7D93D}
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Old 11-03-2008, 12:14 PM
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Hot Air Blog Archive Obama: I’ll make energy prices “skyrocket”
 

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