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Wow! Obama drives down coal company stocks, and Soros buys them on the cheap
American Thinker ^ | 08/18/2015 | Thomas Lifson

Posted on 08/18/2015 6:55:22 AM PDT by SeekAndFind

I have always believed that global warming is a gigantic scam, driven by greed and lust for power. Now comes the shocking news, via Steve Milloy writing on Breitbart, that following President Obama’s use of CO2 emissions as a weapon to drive major coal companies near bankruptcy, the ultimate politically connected speculator George Soros is buying up stock in major coal producers on the cheap.

predicted in this column last week that the left wasn’t going to kill off the coal industry so much as it was going to steal it. That prediction is already becoming true courtesy of billionaire George Soros.

U.S. Securities and Exchange Act filings indicate that Soros has purchased an initial 1 million shares of Peabody Energy and 553,200 shares of Arch Coal, the two largest publicly traded U.S. coal companies. As pointed out last week, both companies have been driven perilously close to bankruptcy by the combination of President Obama’s “war on coal” and inexpensive natural gas brought on by the hydrofracturing revolution.

Under the hypothesis that not even socialists would leave trillions of dollars worth of a perfectly safe and clean energy source in the ground for the sake of the imaginary “climate crisis,” I posited that once the existing coal industry ownership was wiped out by President Obama’s regulatory onslaught, a new politically correct ownership would rehabilitate the fuel by contributing to Democrats.

Enter George Soros, a hardball investor and philanthropist to myriad left-wing causes, including the activist and “clean energy” rent-seeking movements that have helped take down the coal industry. In 2009, for example, Soros announced he would spend $1 billion in “clean energy” technology and create a San Francisco-based advocacy organization called the Climate Policy Initiative.


(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: climatechange; coal; energy; globalwarming; globalwarminghoax; greenenergy; hypocrisy; obama; soros; soroscoal; waroncoal
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To: C210N

Yeah if he can’t lick the conservatives, profit from them.


61 posted on 08/18/2015 2:27:05 PM PDT by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Tolerance Sucks Rocks

Soros will owe Obama a billion+ when O leaves office. Will Soros pay him ?

LOL


62 posted on 08/18/2015 2:30:28 PM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: davius

Bump!


63 posted on 08/18/2015 2:39:26 PM PDT by golux
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To: SeekAndFind; potlatch; ntnychik; onyx

64 posted on 08/18/2015 2:40:28 PM PDT by PhilDragoo (Hussein: Islamo-Commie from Fakistan)
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To: C210N

I agree with you. Soros isn’t a dummy. He knows how to make money.


65 posted on 08/18/2015 2:48:44 PM PDT by vpintheak (Man up and bring it politicians!)
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To: huldah1776; Tucker39

to compare soros vs. trump could get pretty deep, but in a nut shell I’d describe trump as a risk taking businessman while I would consider soros a criminal.

when you have time dig a little deeper into soros connections to the company who counts US presidential election votes.

it’s been a while since I saw it posted, but I think there is a spanish company that is in charge of the computer count for our elections, and.....soros owns that company.

that’s probably when got obama elected more so than the number of people that voted for him.


66 posted on 08/18/2015 3:04:57 PM PDT by thinden
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To: null and void

It’s all a coincidence! /sheeple


67 posted on 08/18/2015 3:45:09 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SeekAndFind

And what is Der Fuhrer’s cut?


68 posted on 08/18/2015 4:29:00 PM PDT by Corky Ramirez (Nihil curo de ista tua stulta superstitione)
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To: nascarnation
I’m sure the Obama family will live like potentates for decades to come.

I'm sure Mooch wil find it difficult, though, living on their money instead of ours.

69 posted on 08/18/2015 4:40:42 PM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
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To: thinden
"soros connections to the company who counts US presidential election votes"

WTH?!!!!

70 posted on 08/18/2015 7:58:46 PM PDT by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't wait. Do it today.)
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To: SeekAndFind

BTTT


71 posted on 08/19/2015 12:36:55 AM PDT by Cincinatus' Wife
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To: thinden

Wonder if Trump knows about that. I remember that thread, too.


72 posted on 08/19/2015 7:59:36 AM PDT by huldah1776
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To: Pajamajan

When you own half the politicians?


73 posted on 08/19/2015 8:01:24 AM PDT by huldah1776
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To: SeekAndFind
I predicted in this column last week that the left wasn’t going to kill off the coal industry so much as it was going to steal it.

The Good Intentions Crew is paving away! Nevermind the destination!

74 posted on 08/19/2015 8:46:16 AM PDT by rawcatslyentist (Genesis 1:29 And God said, Behold, I have given you every herb bearing seed,)
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To: Pajamajan

here’s a link:

http://www.thenewamerican.com/usnews/item/16724-soros-connected-vote-counting-firm-expands-in-u-s


75 posted on 08/22/2015 8:49:47 AM PDT by thinden
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To: thinden

bump


76 posted on 08/27/2015 10:45:40 PM PDT by Betty Jane
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To: LucyT
Wow! Obama drives down coal company stocks, and Soros buys them on the cheap


77 posted on 10/12/2015 2:18:37 PM PDT by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: Brown Deer; Old Sarge; rockinqsranch; null and void; Velveeta; Myrddin; Califreak; Salvation; ...

From # 66:

"soros connections to the company who counts US presidential election votes"

From # 77:

Wow! Obama drives down coal company stocks, and Soros buys them on the cheap

Thanks, Brown Deer.

.

78 posted on 10/12/2015 3:55:54 PM PDT by LucyT
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To: LucyT

Thank you for the ping.

The people who are “in charge” in Washington aren’t actually in charge.
Obviously, everything that happens is an underhanded way to destroy the
USA and every Conservative and Christian in it.

Ladies and Gentlemen, it’s time.


79 posted on 10/12/2015 4:42:12 PM PDT by TheOldLady (I miss the Gipper. Wish we still had someone like him.)
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To: null and void; All

I figure Soros will owe Obama somewhere between 250-500 million in “commissions” when Obama leaves office.


80 posted on 10/13/2015 8:14:57 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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