Before the election of President Barrack Hussein Obama in November 2008, he gave an important speech. This speech (SF Chronicle Jan 17, 2008) was when Obama’s Promise to Bankrupt the Coal Industry was made. And your electricity rates will “necessarily skyrocket”.
So should we take those threats seriously? Well, President Obama, like Hillary Clinton, are Progressives. So how has our energy policy fared with Progressives over the history of America?
And secondly, Will the policies of the Progressives cause an energy shortage today, in 2012 and later?
The first clue I noticed was that, going back to GW Cartwright’s book, Mutual interests of Labor and Capital, where he noted:
“In 1918 there is a great fuel shortage.”
What? Why was there a shortage? Well, let’s read some more: Continue reading