Obama Follows Through on Threats to Bankrupt Coal Industry?

In 2008 in my post Obama Intends on Bankrupting all Coal Producers in the US I wrote:

Check out this clip. In it, Obama tells the interviewer that he intends to put in place government policies that will bankrupt anyone who wants to build a coal power plant, and progressively ramp up pressure on coal producers already there in the hopes of bankrupting them too. He clearly states this as his goal as President- to bankrupt coal producers.

Look, a lot of people in Pennsylvania, Ohio, West Virginia, Colorado, or Wyoming work in the coal industry. He is telling you he intends to take your job away.

Look, a lot of our energy in this country is produced by coal. Obama is telling anyone that uses any energy at all that he intends to drive up the price of it. Combine this with his anti-drilling stances for oil, and get used to an economy that is starved for energy- high inflation, low growth, unemployment, and bad times.

The beauty of being a conservative instead of a liberal is that my predictions are usually correct more often, and 4 years ago I predicted exactly what would happen after our nation elected someone who was opposed to life, opposed to liberty, and opposed to the creation and protection of property- high inflation (maybe?), low growth (yup), unemployment (yup), and bad times (yup).

And President Barack Obama (Democrat) has followed through with his stated intentions- via the Gateway Pundit I read this anecdotal evidence that his personally-run agencies are systematically implementing rules and regulations that have caused at least 3 coal-fired plants in West Virginia to close, causing loss of jobs, higher energy prices, more people on food stamps, and more Democrat-dependent voters:

Ohio based FirstEnergy Corporation announces it will close three coal fired power plants in West Virginia by this fall. The closings come directly from the impact of new federal EPA regulations.

The plants to close are Albright Power Station, Willow Island Power Station, and the Rivesville Power Station. The company says 105 employees will be directly impacted.

The three plants produce 660 megawatts and about 3-percent of FirstEnergy’s total generation. In recent years, the plants served as “peaking facilities” and generated power during times of peak demand for power.

The plants operated under subsidiary Monongahela Power. Mon Power recently finished a study of unscrubbed coal fired plants in the system to determine the potential impact of the most recent environmental regulations from EPA. Company officials determined the EPA’s Mercury and Air Toxics Standards (MATS) made it unfeasible to retrofit or continue operating the three plants.

“The high cost to implement MATS and other environmental rules is the reason these Mon Power plants are being retired,” said James R. Haney, regional president of Mon Power and president of West Virginia Operations for FirstEnergy.

Let's not lose sight of these decisions made by the President of the United States that have adversely affected our economy- he'll try to confuse us, attack his opponents, and will point to signs of economic growth (companies that either fought through and past Obama's policies or companies that gave political support and cover to Obama and were rewarded with loans and support), but the reality is that policies that he implements and tries to implement still are bad for America.

There is a choice though in 2012- between President Obama and more of these sorts of policy decisions and the Republican nominee (whomever it is) who will not put in place these sort of EPA policies that force industries to go bankrupt. Let's make the right choice in 2012.