The iconic Patriot Coal Corporation just recently filed for bankruptcy protection. Seeing the headline on a popular financial website was surreal and felt like something from the pages of Atlas Shrugged. Liberal cronies force “Patriot” corporation out of business for the sake of the common good? This isn’t fiction. This is the daily paper.
It’s not just the company name that’s symbolic, of course. There are few economic tasks as meaningful as the natural resources industry. It’s symbolic because it reveals man’s only real option for success on earth: harvesting the planet. Human prosperity requires digging up metals, mining coal, turning trees into lumber, and then building civilization with these sources of wealth.
Even though it’s the blood of the economy, and natural resources are one of the main ingredients for any and all sources of economic growth, the Obama administration has been flagrantly fighting it. In 2008, Obama even boasted of a plan to make electricity more expensive.
We Can’t Say We Weren’t Warned
Before he became president, Obama said in an interview that “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket… that will cost money. They will pass that money on to consumers.” That wasn’t a gaffe. That was the plan.
While the president didn’t successfully achieve his cap-and-trade insanity, he did achieve a series of new regulations through the EPA and other regulatory agencies.
In a Fox News opinion piece, Phil Kerpen, president of American Commitment, wrote: “These are the first real, market prices that take Obama’s most recent anti-coal regulations into account, and they prove that he is keeping his 2008 campaign promise to make electricity prices ‘necessarily skyrocket.’”
The Future Of The American Economy
This isn’t just about a single company, a single resource, or a single industry. This is about the nature of our economy and our way of life as civilized people. This is about the future of America on a very basic level.
Obama’s administration has been waging a fruitless war against economics, and America is the one losing. We’ve lost billions in taxpayer money to his laughable solar-power endeavors. He’s stood in the way of allowing more oil to be drilled while America has enough oil to be the next Middle East. And he’s intentionally and publicly destroying the coal industry.
If you want to see an economic recovery, then freeing up our natural resources is a great first step. Natural gas, oil, coal – these should be seen and embraced, not fought and shackled by bureaucrats who hate a productive and free economy.
Shaun Connell is the editor of The Capitalism Institute
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If enough patriotic, concerned American citizens would just LISTEN to what obama has said, you will know just exactly what this marxist thug believes in and what he intends for our great nation. He wants nothing more than the destruction of our economic engines, the subjugation of WE THE PEOPLE to him and his like-minded marxists, and the elimination of Christianity from our great nation.
Ultimately: the destruction of our country, Constitution, Bill of Rights, and the institution of a dictatorship run by none other than the lying thug in chief.
Guess what odumbo????? WE THE PEOPLE know what and who you are, and you will NOT succeed!
I WILL NOT COMPLY!
NOR WILL I COMPLY! He is systematically tearing down our energy production so his Muslim countries can have more of the energy resource money pie. He’s already given Russia (more Muslims there, too) several Alaskan islands that are proven oil fields. Is this what he was whispering to the Russian delegate about (caught on mic). Electric rates are already so outrageous, most people have to apply for energy assistance to pay their bill. Is this part of his plan to make this country a total welfare state? Coal is a renewable resource; it is a composite of thousands of years of compacted fossilized plants. God made this planet to sustain humans, coal is one of the natural resources he provided us. Logic says, Obama goes against God! But we already know that the Koran dictates that anyone who does not agree with Islam, should die. Hence, the NDAA that he secretly slipped thru the cracks. Yes, they have a plan, and that is to eliminate We The People so they can insert their own obedient citizens to work as slaves for their cause. (Wake up Illegal immigrants for this will be you!!). I say they because, he really isn’t smart enough to think of all this. He is a puppet for The New World Order of which the United Nations will be the police force. Rep. Ron Paul is totally against this way of life for OUR country. He is the President who will say “The Buck Stops Here! We The People, first!”
A company in Colorado was told by holder to give up your religen or your company. They were told if you don`t run it someone else will. No problem. I would not shed a tear over any fed that is buried trying to take over a company. Control all the water in New Mexico. Or any other control of our people. Coal mines you ran off deputys that tried to interfer before. Maybe you need to do it again.