Remember back in 2008 when Barak Obama said this? “If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them. Under my plan, electricity rates would necessarily skyrocket.” Well, well. It took almost five years and his re-election, but now it looks as though Obama’s prophecy is coming true.
Circumventing Congress and ignoring the will of the American people, Obama is forging ahead with his promises to thwart “climate change” through Executive Orders.
Why, one would ask, would he do this in the midst of an anemic economic recovery that could go on life-support at any moment? Is he completely tone-deaf as to what this country and the American people want and need at this time? Or is he seeing some positive signs that maybe, perhaps, things might be turning around and he needs to put the brakes on that? It sounds crazy, but why would anyone make “climate change” a priority right now?
The decisions that are coming out of the White House since his re-election are mind-boggling. Nowhere are there calls to “create jobs” or ease the tax burden on the American people. In fact it is just the opposite. We are looking at massive chaos with Obamacare, causing more people to be laid off or scaled back from their jobs; we have a frantic push to pass a gargantuan immigration bill that will legalize millions of illegal immigrants ultimately taking jobs away from citizens. (Employers don’t have to worry about Obamacare if they hire people on the path to “citizenship”), and finally we are going to come face to face with coal plants shutting down, skyrocketing energy costs, and billions of our tax dollars going to alternative energy companies like Solyndra. They rolled the dice on that one and lost big-time.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 24th, 2014 | John Ransom
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Tuesday April 22nd, 2014 | John Ransom