Excerpt Of The Day: The Crooked Clinton Coal Con
A large part of America’s energy dependence on foreign sources can be traced to Sept. 18, 1996, when President Bill Clinton stood on the edge of the Grand Canyon on the Arizona side and signed an executive proclamation making 1.7 million acres of Utah a new national monument.
…At the time, the Clintons were worried that Ralph Nader’s presence on the ballot in a few Western states would draw green votes from Clinton in a race that promised to be close after the GOP retook Congress two years earlier.
In fact, the declaration of 1.7 million Utah acres as a national monument, thereby depriving an energy-starved U.S. up to 62 billion tons of environmentally safe low-sulfur coal worth $1.2 trillion and minable with minimal surface impact, was a political payoff to the family of James Riady.
He’s the son of Lippo Group owner Mochtar Riady. James was found guilty of — and paid a multimillion dollar fine for — funneling more than $1 million in illegal political contributions through Lippo Bank into various American political campaigns, including Bill Clinton’s presidential run in 1992.
Clinton took off the world market the largest known deposit of clean-burning coal. And who owned and controlled the second-largest deposit in the world of this clean coal? The Indonesian Lippo Group of James Riady. It is found and strip-mined on the Indonesian island of Kalimantan.
The Utah reserve contains a kind of low-sulfur, low-ash and therefore low-polluting coal that can be found in only a couple of places in the world. It burns so cleanly that it meets the requirements of the Clean Air Act without additional technology.
“The mother of all land grabs,” Sen. Orrin Hatch, R-Utah, said at the time. He has called what was designated as the Grande Staircase of the Escalante National Monument the “Saudi Arabia of coal.” — Investor’s Business Daily
When the Clintons were in office previously, Bill helped out a crooked campaign contributor by using the power of the federal government to prevent a competitor from arising and as a bonus, he got to portray himself as a friend to the environment.
Now, Hillary is running for President and telling people, “we have got to take a hard look at clean coal.” Yet, it was the Clintons who prevented the mining of the “largest known deposit of clean-burning coal” on the planet.
This is just one more story that reveals the dishonesty, sleaze, and corruption that cuts right down to Bill & Hill’s core.