You Think . . .

You think Obama is going to use one of our greatest assets - coal. He is on record that he intends to put all coal fired electrical plants out of business. My good friend, Jodie Cotten, Manager of the Pointe Coupee REA told me a little story. Obama who says we need an energy policy is dumping our greatest defense against big oil. How dumb do you get?

Not shortly after Obama was sworn into office, the government is suing the present owners of the Big Cajun #2 coal fire power plant for green house gas emissions. The Louisiana REA's built that plant with federal loans (don't you know that the Federal Government approved all of its design), but got involved with the bankruptcy of the River Bend Nuclear plant across the river from New Roads. As a condition, the REAs sold the plants to its present owner. A plant approved and built with Federal funds. Makes you wonder, doesn't it?

Jodie told me that they were about to return about $7,000,000.00 to the Federal Government as a result of all the settlements. Now, they are not going to return the money. They are going to using it for lawyers to fight the Government lawsuits promoted by Obama's team against the plant. I wonder if the Federals knew that there was such a fund and just how much it can buy in legal support. I would imagine that amount of money will buy a lot of defense.

So its gonna be a big fight over the plant at New Roads. I hope the Feds get stuffed.