Archived

This topic is now archived and is closed to further replies.

Let's just go ahead and start a thread about the coal guy

26 posts in this topic

Posted · Report post

Someone was going to do it anyway:

http://www.washingtonpost.com/business/economy/after-obama-re-election-ceo-reads-prayer-to-staff-announces-layoffs/2012/11/09/e9bca204-2a63-11e2-bab2-eda299503684_story.html

[quote]For the chairman and chief executive of Murray Energy, an Ohio-based coal company, the reelection of President Obama was no cause for celebration. It was a time for prayer – and layoffs.
Robert E. Murray read a prayer to a group of company staff members on the day after the election, lamenting the direction of the country and asking: “Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build.”
On Wednesday, Murray also laid off 54 people at American Coal, one of his subsidiary companies, and 102 at Utah American Energy, blaming a “war on coal” by the administration of President Barack Obama.”[/quote]

Share this post


Link to post
Share on other sites

Posted · Report post

Counter argument du jour is that natural gas prices are bottoming out due to fracking and coal powered generators are falling out of favor due to shrinking demand:

[url="http://www.eia.gov/todayinenergy/detail.cfm?id=6990"]http://www.eia.gov/t...ail.cfm?id=6990[/url]

Share this post


Link to post
Share on other sites

Posted · Report post

hopefully we can get more nuke plants up and running and kill coal completely.


/not that i'm holding out hope.

Share this post


Link to post
Share on other sites

Posted · Report post

Good luck getting new nuke licenses.
1 person likes this

Share this post


Link to post
Share on other sites

Posted · Report post

no shiat. too bad people are so short-sighted.

Share this post


Link to post
Share on other sites

Posted · Report post

His company donated 1.4 million to Romney. Wonder if he could have avoided 1 or 2 of those layoffs otherwise.

Share this post


Link to post
Share on other sites

Posted · Report post

He spends his money on electioneering, not research, competitive advantages, or employee retention/pay/etc and then transfers his losses to the people that work for him. Go Go Republican "don't blame us blame Obama"

Share this post


Link to post
Share on other sites

Posted · Report post

If you got laid off by this guy then congratulations, you shouldn't have to work for such a tool.
You can now access the untold wealth of the Obama handouts, so it's a win-win.

Playing games with peoples livelyhood to make a political statement... you stay classy Merle P. Coletrain.

Share this post


Link to post
Share on other sites

Posted · Report post

Welp having guys like this as a backer certainly makes Romney look good.

Share this post


Link to post
Share on other sites

Posted · Report post

Obama breaking out the "Mission Accomplished" flag for this one.

Share this post


Link to post
Share on other sites

Posted · Report post

[img]http://25.media.tumblr.com/tumblr_lpdrgchbAy1r0ojhto1_500.gif[/img]
1 person likes this

Share this post


Link to post
Share on other sites

Posted · Report post

Natural gas would still be cheaper with or without nuclear plants being a bitch to license.

Nuclear, however, destroys both coal and natural gas on power generating cost. You're talking [b]$1 million in profit per day per plant[/b]. [b]Profit, not revenue[/b].

Share this post


Link to post
Share on other sites