Monday, June 2, 2014

Creeping de-socialism

Today's laff riot from inside the Beltway is the outrage from plutocrats, Republicans and even a few Democrats over the Maoist/Trotskyist Kenyan usurper's plan to desocialize the coal and electrical generation businesses by making them pay for the garbage they make instead of dumping all the cost onto the public.

 “If these rules are allowed to go into effect, the administration for all intents and purposes is creating America’s next energy crisis,” said Mike Duncan, president of the American Coalition for Clean Coal Electricity. “As we predicted, the administration chose political expediency over practical reality as it unveiled energy standards devoid of commonsense and flexibility.”

You would think they would welcome being responsible, market-driven economic actors, factoring all inputs vs. outputs to gain a true value for their activity. But no, they prefer socialism.

Actually, only some rightwing socialists deplored the Maoist/Trotskyist Kenyan usurper's move, which, after all is not asking them to pay for all the damage they do, only about 30%.

The owners of Peabody Coal, the world's biggest, were quite bucked up to learn that they will continue to be 70% socialist. Better to be pink as a boiled lobster than a Randian capitalist, I guess.
Koch brothers and legal advisor study Obama rules

Shares of Peabody Energy (BTU_), the world's largest coal producer, were up 1.2% in early trading at $16.35

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