PrintJune 17, 2010
Obama and Oil: Greasing America's Decline
President Obama has consistently pursued environmental policies designed to forward his socialist agenda at the expense of American economic power. Very few, if any, of Obama's environmental policies have anything to do with the environment, but instead, they all serve as a cover for economic sabotage. As an example, the original cap-and-trade legislation favored by President Obama would have reduced U.S. GDP by $9 trillion and lowered emissions past a point where no industrial nation could endure. This is consistent with President Obama's pledge to bankrupt the coal industry, despite the fact that coal accounts for 50 percent of U.S. energy consumption. When combined with the no-sale Copenhagen Treaty, which sought to achieve global wealth redistribution under the banner of "climate debt," the Obama agenda appears to be about more than a clean environment. But where climate change hysteria failed, President Obama will use the BP oil spill, an irregularity in a...(Read Full Article)
