Whole BO Video: Let’s Bankrupt Coal, Fellas!
Here is the transcript of Obama’s statement about bankrupting the coal industry (emphasis mine):
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.
Amazing that this statement by Obama about bankrupting the coal industry has been kept under wraps until this time.
http://newsbusters.org/node/25829?q=blogs/p-j-gladnick/2008/11/02/hidden-audio-obama-tells-sf-chronicle-he-will-bankrupt-coal-industry
Obama is an illusion frankly.
vote against medical treatment for “live birth abortions” & going in plan for abortions unlimited state wide, even world-wide. his new stance is (Thanks to planned parenthood..we the tax payers pay for world wide abortions to develop stem cell from these babies dead fetus’s) YEP, new thing on table, while our table is full of…sh*t.
Buckle your seatbelts folks.
Couldn’t have said it better myself.
the Democratic party has been the openly socialist Pro-join the Soviet union, and surrender America party since at least 1972! so that’s how the democrats can pick him as their leader, because he is more of a soviet than the rest of them!
actually he is very open with what he wants to do, but the American people seem to be ignoring his insanity! It’s very scary, showing just how a massive portion of our population has been brainwashed to OBEY! no matter what!
nobama is a lying *** scumbag!!! wake up sheep…
He’s a scab on the **** of Satan.
How in the world did the Democratic party decide he was the best candidate is beyond me.
Vote tomorrow VOTE McCain/Palin
This is the Video, not just the audio.