Monday, November 03, 2008

Obama - "Under my plan .. electricity rates would .. skyrocket"

Listen to Obama admitting it.

"You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers."


That's if you have any left after Obama has spread your income around.

But you don't have to worry about coal because "Barack Obama promised to bankrupt anyone foolish enough to build coal-burning power plants..."

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