Obama Says He Will Bankrupt Coal Plants

At what point does common sense trump ideology? In a January 2008 interview with a San Francisco newspaper, Obama says "So, if somebody wants to build a new coal plant, they can - but it will bankrupt them". He's referring to his "Cap and Trade" proposal, which will force industry to pay a "carbon tax" on any emissions thrown into the atmosphere. As we sit here today, we haven't built a new nuclear plant in this country in some 20 or 25 years - and now Obama wants to bankrupt the coal industry? We can't drill in Alaska or off our coasts for energy, we can't build any new oil refineries. For a guy who's campaign slogan is "Yes We Can" - he sure does like to say "No You Can't" to many energy solutions.

I'm all for wind and solar technology - but c'mon. The technology on a mass scale simply isn't there yet. This is just another Obama fairy tale that once again, will put us in a perilous position economically.

How are people in PA, VA, and OH even thinking about voting for this guy?

Obama's words below:



Thanks to Michelle Malkin - http://michellemalkin.com/