Obama Wants Electricity Rates To Skyrocket

Not only does Obama want to bankrupt the coal industry (see Bridget's post below), but he also wants consumer electric bills to skyrocket. I know it sounds incredible that Obama would acknowledge that this is his energy plan, but in fact he made this admission in an interview in January 2008, as reported by Hotair.com. Here is his exact quote:

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.

(emphasis added)

So what little money we have left after taxes and Obama's "spreading the wealth" will go to pay our electric bills. Now, remind me again, why is it that any thinking person would want to vote for this guy?
Please note: The postings of "G. Morris", written by John K. Bush and which end in 2016, stated his views as of the dates of posting and should not be understood as current assertions of his views. The postings, which have not been altered since they came to an end, remain on this blog to preserve the historical record. In 2017, Mr. Bush took a position that precludes further public political comments or endorsements. He will no longer be contributing to this blog.