Coal company lays off workers after Obama wins (user search)
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  Coal company lays off workers after Obama wins (search mode)
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Author Topic: Coal company lays off workers after Obama wins  (Read 4063 times)
Indy Texas 🇺🇦🇵🇸
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Political Matrix
E: 0.52, S: -3.48

« on: November 10, 2012, 12:40:48 AM »

http://money.cnn.com/2012/11/09/news/companies/coal-layoffs-obama/index.html?hpt=hp_t2

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I don't know what's worse - that the guy had the nerve to lay off these people in the form of a prayer or that the dumb rube couldn't even spell "principles" correctly.

Regulations or not, the US coal industry probably will be nonexistent by the mid-21st century because all of the coal that's economically viable to mine will have already been extracted.
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Indy Texas 🇺🇦🇵🇸
independentTX
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Posts: 12,284
United States


Political Matrix
E: 0.52, S: -3.48

« Reply #1 on: November 10, 2012, 02:49:15 AM »

According to the Wikipedia page for the CEO, he grew up in a mining family and his father was paralyzed in a mine accident when he was nine.

I've always found it ironic that the most hard-hearted CEOs tend to be the ones who come from poor backgrounds (Don Blankenship is another example). Contrast them with people like Bill Gates and Warren Buffett, who grew up in well-to-do families and have more sense of noblesse oblige.
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Indy Texas 🇺🇦🇵🇸
independentTX
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*****
Posts: 12,284
United States


Political Matrix
E: 0.52, S: -3.48

« Reply #2 on: November 10, 2012, 04:56:45 PM »

What the hell? You leftist *()*& are ing ecstatic about the coal industry dying, yet simultaneously demonize the evil CEO for his evil corporate layoffs? Are you *&(&( to ((*&*&& stupid to understand that the coal industry collapsing means it employees get fired?

No, it's that the first people to take a low blow are always the workers / poor. Always. The CEOs conduct themselves like monarchs of ages ago. And I really can't believe that as soon as an election goes down the world ends for these people and it's time lay people off. That's just being ruthless and cut-throat. This Murray is a total piece of trash and hopefully his employees will find employment from someone much more resembling a human being evolved beyond the 15th century.

I meant that coal overall needs to get realistic about its future. There's just no way around that.

So this "evil CEO" has received news that the fellow who is likely to regulate the hell out of him, impose huge additional operating expenses on him, and jack up his taxes (if he could run it past congress, that is) has just won the election. One particular feature of his business that will attract additional costs is full time workers due to how the PPCA works. The hell do you expect him to do?

Obama already "regulated the hell out of him." His energy bill got signed into law more than three years ago. This election changes absolutely nothing for this guy. Please tell me how Obama is going to "jack up his taxes" when he actually campaigned on reducing the corporate tax rate.
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Indy Texas 🇺🇦🇵🇸
independentTX
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*****
Posts: 12,284
United States


Political Matrix
E: 0.52, S: -3.48

« Reply #3 on: November 11, 2012, 12:29:04 PM »

http://www.slate.com/articles/health_and_science/coal/2012/11/coal_ceo_prays_and_fires_workers_how_the_coal_industry_brought_about_its.html

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