WV Coal Miners Exact Their Revenge on Clinton. Democrats Shocked That Their Con Job Didn’t Work.

th120T42JDAlmost Heaven, West Virginia…

Blue Ridge Mountains, Shenandoah River.

Hil got beat there,

Beat there like a drum.

The Democrats are puzzled,

But I’m sure having fun.

USA Today reports that

While Clinton’s loss will probably matter little in her battle with Sanders given her large overall delegate lead, it is a powerful reminder of her challenges in a general election match-up with Trump, the presumptive Republican nominee.
Clinton’s performance in West Virginia — a state she won by a wide margin in the 2008 primaries — could point to problems with a critical voting bloc that supported her husband during the more economically prosperous 1990s.

These same voters now feel left behind as manufacturing jobs have disappeared and the coal industry has declined amid a shift to cleaner sources of energy.  Trump is vowing to bring coal and manufacturing jobs back to depressed pockets of Appalachia by slapping tariffs on China and reworking trade deals.

 Vermont Sen. Bernie Sanders speaks at a campaign rally in Stockton, Calif., on May 10, 2016.

“West Virginia is a working-class state, and like many other states in this country, including Oregon, working people are hurting,” he said. “And what the people of West Virginia said tonight, and I believe the people of Oregon and Kentucky will say next week, is that we need an economy that works for all of us, not just the one percent.”

Oregon and Kentucky each hold Democratic primaries next Tuesday. Given the Democratic Party’s proportional allocation system, Sanders stood to only modestly boost his delegate total with his West Virginia win.

While Clinton’s loss will probably matter little in her battle with Sanders given her large overall delegate lead, it is a powerful reminder of her challenges in a general election match-up with Trump, the presumptive Republican nominee.

Clinton’s performance in West Virginia — a state she won by a wide margin in the 2008 primaries — could point to problems with a critical voting bloc that supported her husband during the more economically prosperous 1990s.

These same voters now feel left behind as manufacturing jobs have disappeared and the coal industry has declined amid a shift to cleaner sources of energy.  Trump is vowing to bring coal and manufacturing jobs back to depressed pockets of Appalachia by slapping tariffs on China and reworking trade deals.

Alternatively, Clinton’s vision is to move these communities to a new generation of jobs, acknowledging a coal industry renaissance is not in the cards.

In a speech at a brewery in southeastern Ohio last week, Clinton said coal is still a part of the nation’s energy supply, but even big coal-consuming nations like China are starting to burn less. “No matter what some politicians tell you, these trends are here to stay,” she said in Athens, Ohio.

It’s not a message they seem to want to hear. Trump is ahead of Clinton by 27 points in West Virginia, according to a recent Public Policy Polling survey.

His performance in West Virginia with white, working-class voters also explains why he’s picking up steam in more critical Midwestern swing states that Clinton has to carry in November.

Democrats have assumed Clinton would beat Trump in states like Ohio, Pennsylvania and Michigan, which voted twice for Barack Obama and are populated by the blue-collar, union households that have been the Democratic Party’s lifeblood for generations.

Yet a new Quinnipiac University Swing State Poll shows Clinton and Trump in a dead heat in two of them: Ohio and Pennsylvania.

Since Hillary was a part of a Presidential Administration, who placed an unproven “science” above American Jobs, it was only fitting that West Vergina Democrat Voters, those “Blue-collar” folks that the Democrats erroneously claim that they love, did their dead-level best to make sure that she will NOT be hired, come this November.

Speaking of her Former Boss, President Barack Hussein Obama, have you ever wondered why he continues to try to force Americans to accept “forms of Alternative Energy”, when they have all failed economically, at the expense of American Jobs?

And, why does he continue to push the disproven pseudo-science of “Global Warming…errr…Climate Change”?

The Chicago Climate Exchange was North America’s only voluntary, legally binding greenhouse gas reduction and trading system for emission sources and offset projects in North America and Brazil.

It all began with the Joyce Foundation.  This foundation started as the financial back-up plan of a widow whose family had made millions in the lumber industry.

After her death, it was run by philanthropic people who increasingly dedicated their giving to Liberal causes, including gun control, environmentalism and school changes.  It has grown over the years until it is now bigger than the TIDES Foundation and actually funds it.

The Joyce Foundation in 2000 and 2001 provided the capitol outlay to start the Chicago Climate Exchange. It started trading in 2003, and what it traded was, believe it or not, air.

Barack Obama served on the board of the Joyce Foundation from 1994 to 2002 . What a coincidence, that, as president, pushing cap-and-trade was one of his highest priorities, huh?

Back on 6/29/09, canadafreepress.com reported that

If we follow the time line on where Obama was during the funding of the Chicago Climate Exchange, he was still a lecturer at the University of Chicago Law School teaching constitutional law, with his law license becoming inactive a year later in 2002.

It may be interesting to note that the Chicago Climate Exchange in spite of its hype, is a veritable rat’s nest of cronyism. The largest shareholder in the Exchange is Goldman Sachs. Chicago Mayor Richard M. Daley is its honorary chairman, The Joyce Foundation, which funded the Exchange also funded money for John Ayers’ Chicago School Initiatives. John is the brother of William Ayers.

What a flap when it was discovered that the senator from Chicago had nursed on Saul Alinsky’s milk, had his political career launched at a coffee party held by domestic terrorist Bill Ayers, and sat for 20 years, uncomplaining in front of the “God-dam-America pulpit of resentment-challenged Jeremiah Wright.

Folk were naturally outraged that the empty suit who would go on to become TOTUS was spawned from such anti-American activism.

But the media should have been hollering, “Stop Thief!” instead.

The same Chicago Climate Exchange promoting public rip-off was funded by Obama before he was POTUS.

Even as man-made global warming is being exposed as a money-generating hoax, Obama is working feverishly to push the controversial cap-and-trade carbon reduction scheme through Congress.

Fortunately for our nation, Obama’s Cap and Trade Bill failed to leave the Senate in July of 2010, leading the Chicago Climate Exchange to close up shop in November of 2010.

However, as I stated earlier, to this very day, Obama is still relentlessly pursuing “Climate Change”, which the majority of Americans, in poll after poll, have stated is not a National Priority.

And, a group of Investors, among whose number are friends and benefactors of Obama, have formed another group, for the stated purpose of “Duty and Humanity”, in order to, as the Chicago Climate Exchange was going to, “assist in the fight against Climate Change”.

The Business Insider reported a short while back, that

Bill Gates, Mark Zuckerberg, Jeff Bezos, and a roster of other high-profile tech figures are launching a new organisation designed to invest in renewable energy technologies. 

It is called the Breakthrough Energy Coalition, and says its aim is to create “a network of private capital committed to building a structure that will allow informed decisions to help accelerate the change to the advanced energy future our planet needs.”

Announced ahead of a major UN climate change conference in Paris this week, the coalition’s members say that enough isn’t being done from established organisations to drive forward research and investment into clean energy.

Writing on Facebook late Sunday night, Facebook CEO Mark Zuckerberg said that “solving the clean energy problem is an essential part of building a better world … yet progress towards a sustainable energy system is too slow, and the current system doesn’t encourage the kind of innovation that will get us there faster.”

Likewise, the Coalition’s website says that “the existing system of basic research, clean energy investment, regulatory frameworks, and subsidies fails to sufficiently mobilize investment in truly transformative energy solutions for the future. We can’t wait for the system to change through normal cycles.”

In short: Established investors are moving much too slowly towards the renewable energy, and it’s too important to wait for that to sort itself out naturally.

Among the other “Investors” in this new “coalition” were the Puppetmaster himself, George Soros and fellow “Billionaire Philanthropist” Tom Steyer.

Which is interesting, because Breitbart.com’s Steve Milloy reported back on August 17th that

U.S. Securities and Exchange Act filings indicate that Soros has purchased an initial 1 million shares of Peabody Energy and 553,200 shares of Arch Coal, the two largest publicly traded U.S. coal companies. As pointed out last week, both companies have been driven perilously close to bankruptcy by the combination of President Obama’s “war on coal” and inexpensive natural gas brought on by the hydrofracturing revolution.

Under the hypothesis that not even socialists would leave trillions of dollars worth of a perfectly safe and clean energy source in the ground for the sake of the imaginary “climate crisis,” I posited that once the existing coal industry ownership was wiped out by President Obama’s regulatory onslaught, a new politically correct ownership would rehabilitate the fuel by contributing to Democrats.

Enter George Soros, a hardball investor and philanthropist to myriad left-wing causes, including the activist and “clean energy” rent-seeking movements that have helped take down the coal industry. In 2009, for example, Soros announced he would spend $1 billion in “clean energy” technology and create a San Francisco-based advocacy organization called the Climate Policy Initiative.

Less than a year ago the Soros’ Climate Policy Initiative issued a major report concluding that the world could save $1.8 trillion over the next two decades by transitioning away from coal. The report referred to coal reserves as “stranded assets” that were losing value as they were no longer needed.

Meanwhile, both Professional and Self-Proclaimed Political Pundits can not understand why Hillary Clinton is tanking so bady, whilt the “Rank Outsider”, Donald J. Trump’s Popularity continues to rise.

Y’know, it’s hard to run a Political Carnival Game on us “suckers”, once we have figured out what your “left hand” is doing.

In the case of the Democrats and their Presumptive Presidential Nominee, Hillary Clinton, the West Virginia Coal Miners sent those “Carnival Barkers” a message, load and clear:

IT’S THE ECONOMY, STUPID!

…AND YOU’RE RESPONSIBLE FOR IT!

Until He Comes,

KJ

 

 

Fossil Fuels Rule: America’s Low Gas Prices are in Spite of Obama…Not Because of Him

thHZLU1X9GWednesday Evening, I had to drive to my local Kroger Grocery and buy some Old El Paso Refried Beans because my wife decided to make Homemade Enchiladas for dinner.

(Trust me. The trip was worth it.)

Anyway, while I was there, I noticed that the price of gas at their Kwik Shop was $1.52.99 per gallon.

What happened to the “rebound” in gas prices, predicted by all of the “Pundits”, Professional and Internet, several months ago?

Back on December 7, 2015, the New York Times published the following explanation…

The oil industry, with its history of booms and busts, is in its deepest downturn since the 1990s, if not earlier.

Earnings are down for companies that have made record profits in recent years, leading them to decommission roughly two-thirds of their rigs and sharply cut investments in exploration and production. An estimated 250,000 oil workers have lost their jobs, and manufacturing of drilling and production equipment has fallen sharply.

The cause is the plunging price of a barrel of oil, which has been cut roughly by more than 60 percent since the June 2014.

Prices have recovered a few times last year, but a barrel of oil has already sunk this year to its lowest level since 2004. Executives think it will be years before oil returns to $90 or $100 a barrel, pretty much the norm over the last decade.

…Why has the price of oil been dropping so fast? Why now?

This a complicated question, but it boils down to the simple economics of supply and demand.

United States domestic production has nearly doubled over the last several years, pushing out oil imports that need to find another home. Saudi, Nigerian and Algerian oil that once was sold in the United States is suddenly competing for Asian markets, and the producers are forced to drop prices. Canadian and Iraqi oil production and exports are rising year after year. Even the Russians, with all their economic problems, manage to keep pumping.

There are signs, however, that production is falling in the United States and some other oil-producing countries because of the drop in exploration investments. But the drop in production is not happening fast enough, especially with output from deep waters off the Gulf of Mexico and Canada continuing to build as new projects come online.

On the demand side, the economies of Europe and developing countries are weak and vehicles are becoming more energy-efficient. So demand for fuel is lagging a bit.

Who benefits from the price drop?

Any motorist can tell you that gasoline prices have dropped. Diesel, heating oil and natural gas prices have also fallen sharply.

The latest drop in energy prices — regular gas nationally now averages under $2 a gallon, roughly down about 14 cents from a year ago — is also disproportionately helping lower-income groups, because fuel costs eat up a larger share of their more limited earnings.

Households that use heating oil to warm their homes are also seeing savings.

Who loses?

For starters, oil-producing countries and states. Venezuela, Iran, Nigeria, Ecuador, Brazil and Russia are just a few petrostates that are suffering economic and perhaps even political turbulence. Persian Gulf states are likely to invest less money around the world, and they may cut aid to countries like Egypt.

In the United States, Alaska, North Dakota, Texas, Oklahoma and Louisiana are facing economic challenges.

Chevron, Royal Dutch Shell and BP have all announced cuts to their payrolls to save cash, and they are in far better shape than many smaller independent oil and gas producers that are slashing dividends and selling assets as they report net losses. Other companies have slashed their dividends.

About 40 companies in North America have gone into bankruptcy protection.

What happened to OPEC?

A central factor in the sharp price drops, analysts say, is the continuing unwillingness of OPEC, a cartel of oil producers, to intervene to stabilize markets that are widely viewed as oversupplied.

Iran, Venezuela, Ecuador and Algeria have been pressing the cartel to cut production to firm up prices, but Saudi Arabia, the United Arab Emirates and other gulf allies are refusing to do so. At the same time, Iraq is actually pumping more, and Iran is expected to become a major exporter again under the recent nuclear deal.

Saudi officials have said that if they cut production and prices go up, they will lose market share and merely benefit their competitors. They say they are willing to see oil prices go much lower, but some oil analysts think they are merely bluffing.

If prices remain low for another year or longer, the newly crowned King Salman may find it difficult to persuade other OPEC members to keep steady against the financial strains. The International Monetary Fund estimates that the revenues of Saudi Arabia and its Persian Gulf allies will slip by $300 billion this year.

Is there a conspiracy to bring the price of oil down?

There are a number of conspiracy theories floating around. Even some oil executives are quietly noting that the Saudis want to hurt Russia and Iran, and so does the United States — motivation enough for the two oil-producing nations to force down prices. Dropping oil prices in the 1980s did help bring down the Soviet Union, after all.

But there is no evidence to support the conspiracy theories, and Saudi Arabia and the United States rarely coordinate smoothly. And the Obama administration is hardly in a position to coordinate the drilling of hundreds of oil companies seeking profits and answering to their shareholders.

When are oil prices likely to recover?

Not anytime soon. Oil production is not declining fast enough in the United States and other countries, though that could begin to change this year.

Demand for fuels is recovering in some countries, and that could help crude prices recover in the next year or two. There is now little or no spare production capacity to give the market a cushion in case of another crisis in a crucial oil-producing country.

The history of oil is of booms and busts followed by more of the same.

Imagine that.

It all boils down to the Law of Supply and Demand.

As the article shows, gas prices rise and fall in response to worldwide economic conditions, production decisions made by oil-producing nations, and the investment decisions of oil companies.

President Barack Hussein Obama, despite what all of the “Smartest People in the Room” on Facebook and Internet Chat Boards may claim, has nothing to do with it.

In fact. this is happening, in spite of Obama’s failed push of failed means of “Alternative Energy.”

Remember Solyndra and the Chevy Volt?

Last February, The Institute for Energy Research posted the following interesting (and depressing) fact…

The Taxpayers Protection Alliance produced a report highlighting information from various studies on the U.S. subsidization of solar power. Over the last 5 years, taxpayers spent over $150 billion on solar power and other renewable projects, financing grants, subsidizing tax credits, guaranteeing loans, and bailing out failed solar energy companies, according to the Brookings Institute. According to the Government Accountability Office, federal government support for solar energy is massive, with over 345 different federal initiatives covering over 1,500 projects in 20 federal agencies–the Pentagon has 63 solar programs, the highest among the agencies, followed by the Interior Department, with 37 programs and the Energy Department (DOE) with 34 solar programs. For example, DOE’s Sunshot Initiative spends $270 million per year to “induce companies to lower production and installation costs associated with photovoltaic solar panel systems and reducing the price of solar power.” Last month the Energy Department announced an additional $59 million for “solar deployment plans.”[iii]

By now, entering the last year (Praise the Lord) under the reign of Emperor Obama the First, we were all supposed to be driving around in electric cars, with solar-powered windmills in our front yards.

Instead, I had to pay a $128 Water Bill last month, because the toilet needed a new $1.78 flapper.

But, I digress…

While the search for “Alternative Energy” has continued to be a Quixotic Liberal Government Quest, funded through the use of OUR money, the use of Fossil Fuels, despite all of Obama and the rest of the tree-hugging Environmental Whackos’ claims,  continues to be a cheap, efficient energy source.

As I posted on Facebook and Twitter, yesterday…

Financial Insecurity 12016

 

America’s falling gas prices are brought to us, courtesy of Capitalism, not Government-Sponsored Marxist Theory.

So, Tree-hugging Environmental Whackjob Liberals…

Put that up your tailpipes.

Until He Comes,

KJ