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Prominent coal company lays off 160 employees

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Faster horses

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I heard this man on talk radio a couple of weeks ago talking about Obama's "War on Coal". Obamas regulations on the coal industry will
cause major unemployment. He sincerely felt bad for his employees as he said he built the business and hired the people. He was in the Illinois plant every day, knew the people on a first name basis. He cares a great deal for his employees. It was a very sad interview. Well,
now the election is over, he is laying off 160 workers. Anyone that thinks
Obama's policies didn't cause this is not paying attention. As coal goes down, our energy bills will go up. Remember, Obama promised our electricity bills would skyrocket.
Get ready.


A major coal company announced more than 160 layoffs across three subsidiaries this week, becoming perhaps the first company to follow through on threats to make cutbacks in the event of a second President Obama term.

Robert Murray, a vocal Mitt Romney supporter and CEO of Murray Energy Corporation, began to inform workers of the layoffs the day after Obama won re-election. He announced 102 layoffs at UtahAmerican Energy Inc. and another 54 layoffs at The American Coal Company in Illinois.

The official statement put out by Murray's company cited Obama's alleged "war on coal," claiming federal regulations have "already (led) to the closure by 2014 of 204 American coal-fired power plants."

The company announced another seven layoffs Thursday at the Kanawha Transportation Center in Wheeling, W.Va.

It's unclear whether other CEOs -- many of whom grumbled before Election Day about the burden on business from the federal health care overhaul, EPA regulations and other policies -- will follow suit.

The boss who made arguably the most widely covered layoff threat -- Westgate Resorts owner David Siegel -- has since eased off a bit.

Siegel, who earlier warned employees that Obama's call for tax hikes would cause him to cut back, told Bloomberg Businessweek after the election that while he's "not optimistic" about the business climate he doesn't yet know whether he'll lay anybody off. In the meantime, he's giving employees raises.

"I'm going to work my hardest to keep the company going and expand the best I can. We'll see what happens," he said. "Meanwhile I gave everybody in the company a raise this week -- the average was 5 percent. I wanted to help them handle the additional burdens the government will put on them."

Separately, somebody claiming to be a Las Vegas business owner called into a radio show after the election and said he was firing 22 employees. The caller, though, would not give a name so the claim was not verifiable.


Read more: http://www.foxnews.com/politics/2012/11/09/coal-company-lays-off-more-than-160-workers-after-obama-re-election/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+foxnews%2Fpolitics+%28Internal+-+Politics+-+Text%29#ixzz2BkxX3iPY
 
Walter Energy, an Alabama Coal Company lost $1.1 BILLION last year.

Remember a certain sloppy Fat SOB telling us a few years back how important coal was to the U.S. economy? :roll:
 
The layoffs at the West Ridge Mine are effective immediately, according to UtahAmerican Energy Inc., a subsidiary of Murray Energy Corp. They were announced in a short statement made public Thursday, two days after Obama won re-election.

The layoffs are necessary because of the president's "war on coal," the statement said. The slogan is one used frequently during the election by Murray Energy CEO Robert Murray, who was an ardent supporter of Republican presidential candidate Mitt Romney.

In its statement, UtahAmerican Energy blames the Obama administration for instituting policies that will close down "204 American coal-fired power plants by 2014" and for drastically reducing the market for coal.

In its statement, UtahAmerican Energy blames the Obama administration for instituting policies that will close down "204 American coal-fired power plants by 2014."
"There is nowhere to sell our coal, and when we can, the market prices are far lower," the statement said. "Without markets, there can be no coal mines and no coal jobs."

Coal demand from U.S. power generation companies is down 17 percent this year, according to the federal Energy Information Administration's most recent figures. That's due in large part to low market prices for natural gas, and has the EIA forecasting the lowest coal consumption in at least two decades by the nation's electricity industry.
 
Energy Update
New High: 68% See Global Warming As Serious Problem

Friday, November 09, 2012

While there was little talk of climate change during the presidential campaign, the number of U.S. voters who see global warming as a serious problem is at an all-time high.

A new Rasmussen Reports national telephone survey finds that 68% of Likely U.S. Voters now say global warming is at least a somewhat serious problem, including 38% who think it's Very Serious. Thirty percent (30%) don't see global warming as a serious problem, with 12% who think it's Not At All Serious.

Be interesting to know how many folks think the influence of man is causing or increasing global warming/climate change........

Most Favor Stricter Regulation of Coal Plant Emissions But Recognize Energy Will Cost More

Wednesday, April 18, 2012

The Obama administration has proposed tighter restrictions on carbon dioxide emissions which critics believe will discourage construction of new coal power plants. Several states that rely heavily on the coal industry are challenging the new rules, but a majority of voters nationwide favor them. Most recognize, however, that the new rules will drive up energy costs.

The latest Rasmussen Reports national telephone survey of Likely U.S. Voters shows that 53% favor new environmental regulations that place stricter limits on carbon dioxide emissions from new power plants. Twenty-nine percent (29%) oppose the new regulations, and 18% are not sure about them.
 
Oldtimer said:
Energy Update
New High: 68% See Global Warming As Serious Problem

Friday, November 09, 2012

While there was little talk of climate change during the presidential campaign, the number of U.S. voters who see global warming as a serious problem is at an all-time high.

A new Rasmussen Reports national telephone survey finds that 68% of Likely U.S. Voters now say global warming is at least a somewhat serious problem, including 38% who think it's Very Serious. Thirty percent (30%) don't see global warming as a serious problem, with 12% who think it's Not At All Serious.

Be interesting to know how many folks think the influence of man is causing or increasing global warming/climate change........

It doesn't matter what the "folks" think. Until there is conclusive evidence of Global Warming, much less "Man-Made" (anthropogenic), it should not be an issue in politics. :roll:

In relation to coal, you should be concerned with particulate matter in the atmosphere and air quality. Scratch that, they have scrubbers to take care of those problems................... Nevermind. You wouldn't understand.
 
All of these companies that are laying people off THREE DAYS AFTER THE ELECTION for what ever reason be it EPA or Obamacare policies, should have announced these cuts back in Oct. if they truly thought Obama's policies were at fault. If the voters would have seen a big jump in the unemploymewnt rates BEFORE THE ELECTION they might have done something about the person implimenting the policies that were causing the lay offs. Now that Obama's back in and the damage is done, they deserve what they got., The fact the military contractors bought into Obama's deal not to announce lay offs, which violated the WARN Act, tells people just how much they really wanted Obama OUT. Anyone that is laying off people now three days after the election should have thought about the affect of their holding back.

Obama is in for another four years and Insurance companies that are run out of business by Obama's public Insurance cut rate policies should have thought about that when they were backing the friggin devil by supporting Obamacare.

I somehow do not feel sorry for those that held back and hid the true effects of Obama's policies and allowed Obama a second term as now they have to pay the price WAY TO GO. :mad:
 
Tam said:
All of these companies that are laying people off THREE DAYS AFTER THE ELECTION for what ever reason be it EPA or Obamacare policies, should have announced these cuts back in Oct. if they truly thought Obama's policies were at fault. If the voters would have seen a big jump in the unemploymewnt rates BEFORE THE ELECTION they might have done something about the person implimenting the policies that were causing the lay offs. Now that Obama's back in and the damage is done, they deserve what they got., The fact the military contractors bought into Obama's deal not to announce lay offs, which violated the WARN Act, tells people just how much they really wanted Obama OUT. Anyone that is laying off people now three days after the election should have thought about the affect of their holding back.

Obama is in for another four years and Insurance companies that are run out of business by Obama's public Insurance cut rate policies should have thought about that when they were backing the friggin devil by supporting Obamacare.

I somehow do not feel sorry for those that held back and hid the true effects of Obama's policies and allowed Obama a second term as now they have to pay the price WAY TO GO. :mad:

Your 1 st paragraph: I agree although the outcome of the election wouldn't have changed imo.
Your 2nd paragraph: I'm in tears for the ins. companies.
Your 3rd paragraph: Americans have spoken!
 

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