The President does not care about American jobs and American Industry. I am convinced he only cares about 'remaking America in his own image' and part of that is forcing change, like bankrupting us and anyone who uses coal.
This is from The Daily Caller:
"President Barack Obama is ignoring heated concerns from within his own administration that new Environmental Protection Agency coal industry regulations will be economically devastating.
The EPA is plowing forward with new Maximum Achievable Control Technology (MACT) mandates. The regulations would force coal energy plants to install giant scrubber-like materials inside smokestacks to capture and cleanse carbon particles before their atmospheric release.
The upgrade cost would fall on company employees and coal miners in the form of layoffs, as well as on businesses, which could expect to pay more for energy.
In a lengthy letter to EPA Director Lisa Jackson, Obama’s Small Business Administration advocacy office wrote the EPA “may have significantly understated” the economic “burden this rulemaking would impose on small entities.”"
The article is two pages long and is very good, and is very scarey. http://dailycaller.com/2011/08/11/white ... s-economy/
I just hope BHO is a one term president!