President Obama and his left-wing allies’ war on American industry has claimed yet another victim: coal giant Peabody Energy.
The largest supplier of coal in the United States, Peabody has gone belly up in a move that comes as a shock to many. However, given the circumstances under which the company filed for bankruptcy, it should surprise no one.
Although Peabody’s management is undeniably responsible for their business’ demise, it’s pronounced fall and decline did not occur in a vacuum. On the contrary, it was the inevitable result of a year-long assault on the coal industry by the left.
Promising way back in 2008 to “break” coal companies, Obama rode climate change hysteria into the White House, where he coordinated with congressional Democrats and cabinet agencies like the Environmental Protection Agency to undermine corporations like Peabody.
By implementing overly-burdensome regulations like the Mercury Air Transport Standard, the administration was able to subdue Peabody into bankruptcy.
Read more about Peabody’s bankruptcy on the next page:
Communist party goal is to distroy america. You dem.voters ye.did this.go pat yerselves on the$#%&!@* Your just communist lackies.
Have you even been close enough to see all the new technology used to clean the coal fired electric plants.i don’t believe you.i live within 13 airmiles.from 2 plants.you see NOT 1 BIT OF SMOKE OR DUST.YOU DON’T KNOW WHAT YOUR RUNNING YOUR MOUTH OFF AT.
Shirley Ryan Hurst ..that’s the problem that their decisions affect more than them.
What’s new he will destroy everyone if we all don’t push to get him out.
Look like bammy love d united Nation . Could b he act like he shamed to b an American
One of his many accomplishments.
As well as America.
The coal industry is the basis for all our energy !! Water electricity ? Coal fuels the turbines to push the water to get the energy!! Before nuclear energy was fueled by fusion the power was pushed by coal…coal is the safest energy to last as long as it has.. coal deposits will be there for hundreds of years… That is why Obama has been trying to shut it down.. We have the fuel for 10-12 lifetimes..he is paving the way for imports we do not need!!!
Shame,isn’t. It,that this is all he is after is to destroy America.
Hillary too