Obama’s Plan To Bankrupt The Coal Industry

Do the voters in Pennsylvania, and Ohio know about this?:

Partial transcript via Newsbusters:

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.

Nice one, Barry.

UPDATE:

Sarah Palin has already Incorporated Obama’s position into her stump speech, today. Click here to listen. (It comes at about 12 minutes in).

And it’s already been turned into a robocall by the McCain campaign. I’m not thrilled about that. People hang up on those. They need to create a quick and dirty ad, STAT.

MORE:

The Anchoress concurs:

I don’t know why the McCain camp is not running constant ads – at least in PA and Virginia, highlighting Obama’s admission that – given the opportunity – he’ll bankrupt any new coal plants.

UPDATE:

Here’s Sarah Palin today, slamming Obama on his his anti-coal comments:

Hat tip: Hyscience

Revealed: The Weather Underground’s “Audacious” Plan to Bring Socialism To America

Zombie continues to gather information on Obama’s friends from the Weather Underground that is startling to say the least:

Zomblog has obtained an extremely rare copy of the first issue of Osawatomie, a newspaper published by the Weather Underground in 1975. Noteworthy passages are reproduced below, along with exact transcriptions. The full pages, with each passage in context in high resolution, are found at the bottom of this post.

Much of Osawatomie, which was written at a time when the Dohrn-Ayers wing of the Weather Underground was transitioning from terrorism to “working from the inside” for revolution, concerns itself with the need to encourage “organizers” who will work in “communities” and use “audacity” to bring about “socialism” in America.

Don’t believe me? Read the quotes for yourself, and see them in context on the full pages below.

Go read the whole thing. Here’s just one charming snippet:

And another:

Hat tip: Gateway Pundit