Probably Soarass just recognizing the next POTUS likely to reverse Ø’s/his efforts of the last 7 years, so why not profit from that. Too.
“You scratch my back, I’ll scratch yours...”
Socialists like 0bama hate crony capitalism, unless it benefits them, then it’s OK to do!
Michael Bastasch
06/25/2013
President Obama laid out his new plan to tackle global warming Tuesday. In 2008, he made comments about “bankrupting” coal plant owners and making energy prices “skyrocket.”
“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 said during a meeting with the San Francisco Chronicle’s editorial board.
“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,” he added. “Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, they would have to, uh, retrofit their operations. That will cost money. They will pass that money on to consumers.” ...”
Once Obama is out it will be interested to see what investments someone was doing for him while he was in office.
I'm surprised someone hasn't put some Uranium in his coffee.
Insider trading!
Obunga clues Soros that he’s going to drive down coal mine stocks; get ready to buy. Soros, on the strength of that tip, puts in a buy order for XXX shares at $X.XX price.
“If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them,” Obama said, responding to a question about his cap-and-trade plan. He later added, “Under my plan … electricity rates would necessarily skyrocket.”
Of course, cap and trade is long dead. But coal-fired power plants are powering down nationwide, and they are blaming the Obama Environmental Protection Agency. The president’s critics say proposed greenhouse gas regulations for future power plants are designed to cripple the coal industry.
And just like with another 2008 quote — Energy Secretary Steven Chu’s famed call to “figure out how to boost the price of gasoline to the levels in Europe” — Republicans say the Chronicle clip shows what’s really in the president’s heart, that high electricity prices and the death of coal have always been Obama’s goal.
http://www.politico.com/news/stories/0412/74892.html#ixzz3jAzdi18H
If algore was really concerned about global warming, he would be living in a modest 3500 sq. ft. mansion, and flying commercial.
It is good to be King.
It’s always about the money!
Remedial Class of FREEDOM for Morons..
And many thought Socialism and Fascism were TWO different things...
THEIR THE SAME....
Fascism is the UGLY side of Capitalism.. i.e. Crony capitalism
Communism is the UGLY side of Socialism.. i.e. progressivism
However; the good side of Socialism cannot be found..
Many positive aspects of Capitalism..
* * * * * * * * * * * *
** NEXT WEEK- How to GUT your country from Groin to Ear-lobes in One Easy Lesson.. and perform TREASON CORRECTLY
Chat on “Rules for Radicals” by Saul Alinsky...
“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”
That amount is pocket lint for him.
I speculate he is buying it up to sell at a major profit to the Chinese.
Fear.
It’s how Soros makes his money.
And he has made a lot of money.
Conspiracy.
Add this to the myriad crimes that these coprophiliac øbamic slugs will never be held accountable for.
Bookmark.
Yep.