Democratic Crony Soros Profits Off of Bankrupted Coal Industry

Obama has made plenty of promises to the American people none of which came to fruition except for one:  Coal mines would go out of business.  Here is an excerpt from the Daily Caller.

A 2015 study found the coal industry lost 50,000 jobs from 2008 to 2012 during Obama’s first term. During Obama’s second term, the industry employment in coal mining has fallen by another 33,300 jobs, 10,900 of which occurred in the last year alone, according to federal data. Currently, coal mining employs 69,460 Americans, according to the Bureau of Labor Statistics. Much of the blame for the job losses is targeted at federal regulations aimed at preventing global warming, which caused coal power plants to go bankrupt, resulting in a sharp decline in the price of coal.

   

George Soros, a Democratic Party crony, knows a good deal when he sees it.  Since Obama’s EPA regulations bankrupted the coal industry, companies stocks are worth pennies on the dollar.  Now the former Nazi collaborator owns billions of tons of proven reserves.  This is government sponsored theft and had we an honest media it would be reported as such.

         

This global warming fraud has produced many casualties: a proven energy source, a shrinking middle-class, and respect for the media, the federal government and the sciences.  But I do hope that the biggest casualty of all will be the Democratic Party and all the grafters that infest it.

Source:

http://dailycaller.com/2016/09/05/obama-kept-his-promise-83000-coal-jobs-lost-and-400-mines-shuttered/#ixzz4JTmVEsEv

http://minersnews.com/news/2015/MN172-2.html

West Virginia Seeks to Become a Right-to-Work State

Last week, PBS broadcasted a documentary on the state of coal mining during the early part of the 20^th century in West Virginia.  No one can deny the inhumane and unsafe conditions in which workers toiled, or the predatory practices of owners who forced miners and their families to live in proprietary shacks and paid scrip that was worthless outside of company stores.  Rarely, did miners receive justice.  Local, state and federal governments conspired to suppress strikes and in some cases armed rebellion.  Coal mining camps were filled with powder kegs in more ways than one.

After time, conditions and wages improved with the advent of the Wagner Act and the increasing political power workers exercised at the polls.  Unfortunately for coal miners, their union bosses saddled up with a political party that began to take their votes for granted and now despises the very profession that puts a roof over their head, clothes on their back and food in their families stomach.  Radicals have taken over the Democratic Party.  Blue collar workers have been supplanted by Marxist/environmentalist groups that have nothing but contempt for modernity and the energy that propels it.   The coal industry has become persona non grata thanks to Barack Hussein Obama and his ilk.

Today’s predators aren’t the coal companies.  They’re being strangled by a legion of laws, regulations and EPA mandates that seeks their extinction.  No, that toothless lion has been replaced by a different breed of predator:  union bosses and politicians that pay lip service while forcing workers to pay exorbitant dues that finance a good ole boy system that benefits everyone but the worker.

Currently, right-to-work legislation is making its way through West Virginia’s capitol.  Republicans are trying to attract businesses that will help alleviate the privations of a state long ruled by Democrats and their cronies.  The Daily Signal reported the following:

The Grand Old Party won big, taking control of the state legislature for the first time in 83 years. At the top of the Republican agenda: bringing West Virginia in line with the rest of the South on the right to work.

More than half of the states in the country have adopted right-to-work laws. And almost every state in the South is doing it. Currently, Kentucky and West Virginia are the only states holding out.

The legislation advanced out of the state Senate by a party-line vote, 17-16. The House last week followed suit, approving the measure 54-46. Tomblin has until Thursday to veto the bill.

For workers, the measure wouldn’t change much. It simply ensures that the decision to join a union is voluntary and that employees cannot be forced to pay union dues. But for state economies, it could change everything. It’s a prerequisite for many manufacturers, who say they’ll locate only in right-to-work states.

Source:

http://dailysignal.com/2016/02/08/how-a-blue-state-came-to-love-the-right-to-work/