Skip to comments.Obama: I’ll make energy prices “skyrocket”
Posted on 11/02/2008 9:37:41 AM PST by flyfree
In another clip from the same January 2008 interview with the San Francisco Chronicle in which Barack Obama promised to bankrupt anyone foolish enough to build coal-burning power plants, he also made an interesting admission about his entire energy plan. Obama told the editors that his policies would make energy prices skyrocket as the energy industry passed along the exorbitant costs of his cap-and-trade policy:
AUDIO AT LINK
The problem is not technical, uh, and the problem is not mastery of the legislative intricacies of Washington. The problem is, uh, can you get the American people to say, This is really important, and force their representatives to do the right thing? That requires mobilizing a citizenry. That requires them understanding what is at stake. Uh, and climate change is a great example.
You know, when I was asked earlier about the issue of coal, uh, you know Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because Im capping greenhouse gases, coal power plants, you know, natural gas, you name it whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.
They you you can already see what the arguments will be during the general election. People will say, Ah, Obama and Al Gore, these folks, theyre going to destroy the economy, this is going to cost us eight trillion dollars, or whatever their number is. Um, if you cant persuade the American people that yes, there is going to be some increase in electricity rates on the front end, but that over the long term, because of combinations of more efficient energy usage, changing lightbulbs and more efficient appliance, but also technology improving how we can produce clean energy, the economy would benefit.
If we cant make that argument persuasively enough, you you, uh, can be Lyndon Johnson, you can be the master of Washington. Youre not going to get that done.
Why is this freak even still in the running?!
I’m sorry that more wasn’t made of this earlier. It should have been hit hard at the debates, when Obama and Biden claimed that they favored coal and nuclear.
Yes, as one comments says, McCain favored global warming and cap-and-trade as recently as last spring. But I THINK he has wised up, especially when he found how popular “Drill now” is.
But Obama will CERTAINLY do this—not only to appeal to his moonbat base, but because he WANTS to wreck the economy and make us dependent on Arabs and Marxists. That’s the whole point.
Let this be a lesson kids.
Don't smoke crack!
SEND THIS OUT TO DRUDGE NOW!!!!!
Less than 48 hours!!! One final push to save the U.S.A.!
Between NOW and election day, convince at least two Obama/Undecided voters to vote for McCain. (family, neighbors, friends, people waiting in the check-out line) Further, convince these two people (or two others) to take up the same challenge. (Like a chain letter)
So you have converted people in the past? Good, but we need more!
Many Obama supporters are mindlessly supporting him, with no real reason, this means it is VERY easy to get them to switch over. Even if you fail, other Obama/undecideds may be in the room and hear valid arguments and question their faith in the One.
Don’t kick yourself a week from now saying “I could’ve done more....”
Do your part...your country depends on it!
Only problem is that New Technology by definition is something that has not been invented yet. It is not for sale at any price. This idiot thinks just because he has billions to throw around New Technology will just suddenly appear to be purchased!
Kinda like burning down your house so that you can buy a new warmer one with the insurance money in the dead of winter. Forgetting of course that it will take a month for the paper work to go through the insurance company.
Sleeping in the snow sucks for your family you know.
But then, Obama will not be touched by the depression he is working so hard to create, he will only be empowered by it. So I guess it is worth it to him and his Socialist Party.
Shades of Jimmy Carter. Break out your sweaters, sit in the dark, keep your house so cold you could store a side of beef in your living room, and wipe out your checking account on newer energy efficient appliances.
How some Righteous Wind is More Important than these soundbites really has me Pissed!
THIS NEEDS TO GO OUT TO DRUDGE!
I wish this was better known — he LIKES high energy prices. It forces society into HIS KIND of alternative energy. It MAKES people ride the bus, even if that makes it take two hours to get to work. It MAKES people car-pool. I don’t know what else his marxist @ss approves of — they turn their noses up at most of the energy alternatives.
Joe Biden “No Coal Plants Here in America”
He said this in January and it’s just getting out now?? Don’t the Republicans have people monitoring this stuff? It should have been used long ago. I’m surprised HRC or other Dems didn’t pounce on it. Now it might be too late.
Having grown up in a heavily socialist country in Europe, let me spell it out for y’all.
Yes he’s going to make energy prices skyrocket. Because that will mean more income for the government. See, that’s what most Dems don’t get. If you make over $120,000 your tax rate goes up. That is just the BEGINNING of it. Energy prices will be next, and then they will dream up a whole plethora of brandnew taxes that have never existed before. So get ready for $7/gallon gas. This is all sooooo predictable.
Oh, maybe he then says to hang your clothes out for free? Ask your HOA about that, assuming you don't live on the thrid floor of a cheap apartment building, where even if you cold hang them out on the roof, they would be stolen or vandalized before they were dry.
OTOH, how many cash strapped people are going to spend ("invest" in Lib-speak) money they don't have to replace an "inefficient" 3-5 year old fridge or freezer that is working perfectly well...for a 'pay back' that takes longer than the expected life span of the appliance?
Yep; changing light bulbs and keeping your tire pressure correct is going to solve all our energy problems.
Nobody can now say they weren’t warned...