Hidden Audio: Obama Tells SF Chronicle He Will Bankrupt Coal Industry

Newsbusters ^ | 11/02/2008 | P.J. Gladnick

[chessplayer]

Imagine if John McCain had whispered somewhere that he was willing to bankrupt a major industry? Would this declaration not immediately be front page news? Well, Barack Obama actually flat out told the San Francisco Chronicle (SF Gate) that he was willing to see the coal industry go bankrupt in a January 17, 2008 interview. The result? Nothing. This audio interview has been hidden from the public...until now.........

.........Here is the transcript of Obama's statement about bankrupting the coal industry (emphasis mine):

Let me sort of describe my overall policy.

What I've said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else's out there.

I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases 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 that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, 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.

Story Continues Below Ad ↓

That will also generate billions of dollars that we can invest in solar, wind, biodiesel and other alternative energy approaches.

The only thing 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 (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.

So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them.

Amazing that this statement by Obama about bankrupting the coal industry has been kept under wraps until this time.

[tobyhill]

If this Obama idiot gets elected then that is definitive proof a majority of Americans are idiots.

[cripplecreek]

Coal is our largest single source of electricity in America and Obama wants to bankrupt the industry. He really does want to make us a 3rd world country.

Sounds like whe wants to make us like Zimbabwe.

[DelphiUser]

BTTT

[Eric in the Ozarks]

This was what Jimmah Cahtah had in mind and what he damned near accomplished.

[The Sons of Liberty]

This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7.

[mewzilla]

Related thread....

OBAMA TELLS SAN FRANCISCO HE WILL INTENTIONALLY BANKRUPT THE COAL INDUSTRY!!!

And isn't it interesting that Barry's popping off to SF again...

[Right Wing Assault]

How fast can McCain get this made into an ad to run in the coal states? This would be great in OH, PA, etc.

[musicman]

"Sounds like whe wants to make us like Zimbabwe."

[healy61]

How did the Republican party not have this several months ago? Unless, . . . it was planned. Some news gets old and forgotten. This won’t be old or forgotten on tuesday.

[WestCoastGal]

Ping

[nuconvert]

“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.” (Obama)

[autumnraine]

The MSM has got to realize their credibility has been shot completely. Between Dan Rather, the oh so trusted news guy for decades and now every newspaper, tv station and internet site coddling and going out of their way to protect one candidate while completely destroying another...

I hope they like what they have done. I doubt they have or will.

[Jessica2677]

Put this on Fox. Please.

[no dems]

This needs to be made into a TV Ad and played every hour in PA, OH and CO until Tuesday.

Does anyone know if they can make this into a TV Ad?

[no dems]

I don’t know, but it’s good to have some ammo saved for the last couple of weeks when the campaign is at it’s highest pitch.

Had this been made public a few months ago, it would have been seen/heard by less people and have been forgotten by now.

[chatham]

Well I happen to live in Massachushits and the majority of the voters are idiots. just look at the people they put and maintain in political office.

[badpacifist]

Although the same story from different sources these duplicate threads are important enough to stay up at the top!

[Mad_as_heck]

Obama shares the exact same world view and political philosophy as Robert Mugabe. He also shares his profound ignorance of economics. He isn’t just wrong, he has absolute faith in utterly insane ideas. He’s a vandal not a world builder.

Follow the juggling act of “redistribution” for a few years and we will be far down the same road of utter ruin that Zimbabwe has taken.

[syl799]

Thanks. I hope this video goes viral.

[Focault's Pendulum]

My comment may be removed for language.

This guy is a fucking idiot!!!!

[raybbr]

[P-Marlowe]

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.

Barrack HUSSEIN Obama

[ASA Vet]

but it’s good to have some ammo saved

Either way the election goes, that is great advice.

[dalebert]

and just why isnt this getting legs

[Buchal]

Because McCain has bought into the Global Warming Hoax as well, intent on ruining the economy too, just not as rapidly . . .

[Peter Horry]

“So if somebody wants to build a coal-powered plant, they can”

It is becoming ever more difficult. They are trying to build one near me now. Between current regulators (environment impact statements ad nauseam), protects and litigation it is becoming “not worth the effort”. We have a lot of work to do, on many fronts, if we hope to remain a prosperous (not to mention free) nation.

[Buffalowolf]

Don’t forget Wyoming. We have shipped out more coal from Campbell county in a month then some of you states can in a year.

So I say if this moron from hell is elected and he wants to mess with the coal industry, then I say it is time for the the coal and power industries to “switch off” the power for 24-48 hrs to show the rest of the country just what it is like to be “BLACK”!!!!!!

[freedom4me]

“This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7.”

I hope the RNC is listening. This could be a game changer in more than one state.

[fuzzybutt]

I am so glad that all these juicy tidbits keep popping up, this construct could not be worse for our country.

[Leftism is Mentally Deranged]

More likely he will seize its assets and use them to spread the wealth around, while claiming that it’s for the environment.

[blueyon]

“This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7.”

We need to post it everywhere. See this link for Freepers well put together radio/news station lists. http://www.freerepublic.com/focus/f-news/2122417/posts Comment number 23 has email addresses. Great job Freepers and KEEP IT UP!

[Salvation]

Lost a lot of voters there, didn’t he?

[USMCPOP]

Dear Barry,

I urge you to rethink your position on this one. I know that you fully intend to turn the U.S.A. into another third-world socialist country. It would be frikkin' nice if it was a warm third-world country!

Burning a lot of coal would help us keep warm while we wait for global warming due to the greenhouse gasses. Once it warms up, we can all sit in the dirt outside our hovels and wait for handouts without our teeth chattering.

[4integrity]

‘...This tape needs to be played on every radio and tv station in Pennsylvania 24 x 7...’

this was my first thought too. Hope Pa. Freepers send this to their TV and radio stations.

[HungarianGypsy]

BTTT

Send this far and wide.

[pabianice]

“Video is no longer available.” The Obamanazis got another one hidden.

[ocr1]

ping

[ocr1]

I just watched. Wait a minute and try to reload the page. Youtube sometimes hiccups like this.

[Freedom4US]

It is awfully “convenient” that the one single resource that America has - coal - has been so thoroughly demonized via the “climate change” folks. Coal is extraordinarily versatile in that it can also be converted into gasoline and diesel fuels as well. Not cost effective at current price per-barrels, but it’s nice knowing the option - it’s there.

It’s also curious that prior administrations locked up high-quality coal at Utah - without even notifying anyone in Utah. Since the “securitization” of just about everything including real estate and credit cards has failed, it’s not too much of a stretch to conclude the government has long ago pledged, swapped, borrowed against federal resources for fun and profit, while maintaining a cloak of secrecy under the guise of “environmentalism” and “protecting the environment.”

[Gator_that_eats_Dems]

Agreed. This is a real hot potato - it WILL make a difference in PA.

[Gator_that_eats_Dems]

And Ohio, Colorado and Wyoming. It should be run in any state that produces or depends on coal.

[longtermmemmory]

The link :http://www.youtube.com/watch?v=Hdi4onAQBWQ

the email list to send the link to:

360@cnn.com, a.latour@wsj.com, a.murray@wsj.com, abrams@msnbc.com, am@cnn.com, amhotshots@cnn.com, “Andrew Kalb Executive Director, Programming” , Andrew Sullivan , atc@npr.org, The Beltway Boys , The Big Story Weekend , Bob Herbert , brian.williams@msnbc.com, Bulls & Bears , byork@nationalreview.com, caffertyfile@cnn.com, campbellbrown@cnn.com, Cashin In , Cavuto on Business , Committee of Concerned Journalists , chris.matthews@msnbc.com, Chuck Todd , cnn.feedback@cnn.com, cnn.onair@cnn.com, cnn@cnn.com, cnnfutures@cnn.com, Colmes , comments@mclaughlin.com, countdown@msnbc.com, cristi.d.landes@abc.com, crossfire@cnn.com, Cynthia Tucker , darren.mcdermott@wsj.com, dateline@nbc.com, “David Remnick (the New Yorker)” , daybreak@cnn.com, DaySide , Institute for Public Accuracy , dlow@cnbc.com, eason.jordan@cnn.com, Ed Schultz , American Journalism Review , JOURNALISM WATCHDOG AGENCIES TO CONTACT FACTCHECK , Columbia journalism Review , elrushbo@eibnet.com, evening@cbsnews.com, FAIR , FOX News Live , FOX News Sunday , Forbes on FOX , foxreport@foxnews.com, FOX & Friends , gary.sheffer@ge.com, gretawire@fox.com, hannity@foxnews.com, hardball@msnbc.com, headlinenews@cnn.com, Heartland w/ John Kasich , “Heidi Oringer Executive Director, Entertainment” , hemmer@foxnews.com, hume@foxnews.com, “E.J. Dionne” , insidepoliticts@cnn.com, inthemoney@cnn.com, j.fry@wsj.com, jake.tapper@abc.com, “Jim Kane Deputy D.C. Bureau Chief” , FOX News Live w/ Jamie Colby , je@msnbc.com, jeff.greenfield@cnn.com, “Jeff Fitzgerald Executive Director, Operations” , The Journal Editorial Report , Jim Lehrer , joe@msnbc.com, Jon Newman News Coverage , C-SPAN Contacting C-SPAN’s Washington Journal , Joyce Alcantara Assignment Manager , late.edition@cnn.com, letters@charleskrauthammer.com, letters@msnbc.com, The New York Times Editors , Mark Halperin , lindamuller@buchanan.org, The Lineup , lisa.lanspery@ge.com, live@cnn.com, livefrom@cnn.com, livetoday@cnn.com, lookingout@cnn.com, loudobbs@cnn.com, Mark Ambinder , me@glennbeck.com, Mike Malloy , media matters , moneyline@cnn.com, morning@npr.org, The Big Story w/ John Gibson , netaudr@abc.com, newshour@pbs.org, newsnight@cnn.com, newsradio@abc.com, newstips@cnn.com, FOX News Watch , nightly@nbc.com, ontherecord@foxnews.com, The O???Reilly Factor , paulazahn@cnn.com, peter.salinger@abc.com, phil.griffin@nbc.com, podcast@cnn.com, primenews@cnn.com, question@cnn.com, race08@msnbc.com, Rachel Maddow , Randi Rhodes , renata.hopkins@ge.com, “Robert Garcia Executive Director, News & Sports” , Eugene Robinson , Special Report w/ Brit Hume , Stephanie Miller , steve.capus@nbc.com, steve.capus@nbcuni.com, Steve Clemons , stu@glennbeck.com, Studio B w/ Shepard Smith , t.cullen@wsj.com, Josh Marshall , Thom Hartmann , tina.cowles@cnn.com, today@nbc.com, tom.hannon@cnn.com, totn@npr.org, POLIFACT , ureport@foxnews.com, FOX News Specials , viewerservices@msnbc.com, wam@cnn.com, War Stories w/ Oliver North , “Wayne Fisk Director, Programming” , Howard Fineman , weekendlive@foxnews.com, wolf@cnn.com, world@msnbc.com, wsj.ltrs@wsj.com,

and

the transcript to include in email:

Let me sort of describe my overall policy.

What I’ve said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else’s out there.

I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases 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 that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, 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 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 (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it.

So if somebody wants to build a coal-powered plant, they can.

It’s just that it will bankrupt them.

[LucyT]

Thank you, WestCoastGal. Bringing this over from a similar thread:

Coal provides 50 percent of the electricity in America. It directly employs 81, 278 very hard working Americans.

By its nature, it supports a large portion of the United States economy.

And just for the record West Virginians (the country’s number 2 coal producing state), Governor Manchin, Senators Rockefeller and Byrd, and Representatives Rahall and Mollohan all endorsed the Presidential candidate that will devastate an industry.

26 coal producing states, 52 Major Coal Mining Companies, 81,278 Coal Miners

27 states produce coal. The major coal-producing states are (in descending order as of 2000, with annual production in thousands of short tons):

Wyoming (338,900).
West Virginia (158,257)
Kentucky (130,688)
Pennsylvania (74,619)
Texas (49,498)
Montana (38,352)
Illinois (33,444)
Virginia (32,834)
North Dakota (31,270)
Colorado (29,137)
Indiana (27,965)
New Mexico (27,323)
Utah (26,656)
Ohio (22,269)
Alabama (19,324)
Arizona (13,111)
Total United States: 1,437,174

[hecht]

wacist!!!!

[dila813]

They got to get this out as an ad right away.

The press isn’t reporting this, even now!

This has to go to Ohio, Virginia, and Pennsylvania

[unspun]

Digg This!
http://digg.com/business_finance/OBAMA_TELLS_S_F_HE_IS_WILLING_TO_BANKRUPT_COAL_INDUSTRY

Investigating Obama: Career Path Toward a Neo-Marxist Presidency
http://investigatingobama.blogspot.com - spread the word!! - spread the word!!

[word_warrior_bob]

If elected he’s willing to bankrupt the whole country.

Taxes?? It’s getting worse by the day with him, I can’t believe they’re admitting the 250K threshold is a lie.

Capital Gains - Raising those

Death Tax - Making a big comeback under Obama.

Real Estate - 28% Tax on all profits

Energy Policy - Recipe for disaster

GIRD YOUR LOINS!

I’ll be so relieved after we crush him Tuesday.

[Rick_Michael]

My impression is if we did this one of two things would happen...

1)Industries collapse.

2)Our economy struggles with energy for a long-time. Consumers pay high prices for a few decades....We eventually end that policy.

---

The chances of that happening....scary....close.

[dalebert]

we need to find a candidate for the next election right now so we are well prepared for the crap the dems will try to dump on this us. we may all have to go independent.