With the US economy trying to dig its way out of what has been erroneously called the Great Recession – we sit and watch the happenings in Washington. We recently heard a speech by the president reaffirming his desire to defeat climate change. Carbon emissions seem to be the number one item on the Washington agenda. While Congress sleeps the EPA and other agencies expand their regulatory power.
The American people elected a president who promised to destroy the coal industry. He has the desire to make the coal industry a thing of the past. While use of coal in the USA has dropped, exports to Europe were up 92% in 2010-11, according to Platts. Electrical rates are expected to increase dramatically because of mandates for closing coal powered generation plants. The president said, “Electrical rates will necessarily dramatically increase.” This is all in the name of saving the planet from climate warming that isn't currently happening and was never proven to be caused by humans.
How many of you have taken a cruise? If so, how many of them flew the American flag? There is only one cruise ship operating under American registration, the American Pride. The reasons are simple that this profitable industry operates offshore – US regulations. These regulations are wide spread – everything from labor laws, environmental regulations, to health inspections.