busybody..
Literotica Guru
- Joined
 - Jul 28, 2002
 
- Posts
 - 149,503
 
all according to NIGGERS plans to SKYROCKET energy prices
				
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It was announced yesterday there will be three power plants closing here due to the new EPA regs
The EPA needs to be bulldozed.
Iz youse "people" happe with what HO! has dun?
http://www.americanthinker.com/2011/06/crony_capitalism_and_obamas_anti-coal_crusade.htmlBarack Obama has long sought to bankrupt the coal industry. But, Cook County politician that he is and always will be, the relevant question is: who benefits from his plans wreck a major portion of our economy while also boosting electricity prices across America?
A clue: he and his pals from Chicago have incestuous ties to the one company whose prospects will be boosted by Obama's policies.
...
From the [Chicago] Tribune article:
Sadly, the paper -- an early promoter of Barack Obama's career -- does not delve further into who else may reap the rewards at the American people's expense. What political figures close to Barack Obama have long ties to Exelon?One company that expects to benefit from the changes is Chicago-based Exelon Corp., which has a large fleet of nuclear power plants that have low emissions and are cheap to run compared with coal plants.
"The upside to Exelon is unmistakable," CEO John Rowe said last year. "Every $50 per megawatt-day as a change in capacity prices, translates to almost $350 million of additional capacity revenue for Exelon in 2014 and subsequent years."
Rowe said energy prices are also expected to rise if coal plants are retired and replaced with other energy sources, like natural gas. "These changes add up quickly," he said. "A $5 per megawatt-hour increase in energy prices would be $700 million to $800 million of incremental annual revenue to Exelon on an open basis. We expect that at least some of that upside will be realized in the next two to four years."
David Axlerod, Obama's campaign strategist and chief domestic policy adviser (who had the office closest to the Oval one before he left the White House to return to the 2012 campaign trail), has reaped quite a few rewards from doing business with Commonwealth Edison, which became part of the Exelon octopus through corporate mergers (this corporate history is linked to Rahm Emanuel, see below).
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Who else may benefit from this rape of electricity consumers? There are the legions of investors in green schemes who are Obama supporters and whose uneconomic projects can only succeed through government arm-twisting (an Obama talent).
Then there is Rahm Emanuel, Obama's longtime political ally and his former Chief of Staff who recently became Chicago's mayor. But between stints in politics he took the revolving door between politics and business and signed up for a very lucrative and brief career in investment banking. This is the very same revolving door Obama has promised to close. Who was his major client? Need one ask? The aforementioned John Rowe, Chief Executive Officer of Exelon.
In a Forbes magazine article from 2009, Rowe boasted of his decade-long planning for more expensive coal. His plans have borne luscious fruit.
America needs to hang a few citizens.