Obama says he will bankrupt the Coal Industry





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Published on Feb 3, 2011

The Obama administration's drive to de-industrialize the US by shutting down and restricting power plants and how this has caused rolling blackouts across the country this week has topped both the "Hot Topics" and "Hot Searches" categories on Google Trends today.

While Obama and the EPA are busy killing independent power companies by enforcing greenhouse gas emission regulations in the name of preventing global warming, even as the country shivers under record low temperatures not seen for decades, countries like China and Mexico are building new power plants at an ever-accelerating pace.

Even as Obama and the EPA block the construction of new plants in the U.S., they give waivers to administration insiders like General Electric, as larger transnational oil companies create artificial scarcity to jack up prices and eliminate competition.



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