“Joe Manchin has made millions of dollars from coal : Now he gets to take the lead in deciding coal’s future. https://www.wvgazettemail.com/news/energy_and_environment/manchin-protecting-coal-industry-while-profiting-from-it-imperils-key-climate-priorities/article_be7472e4-1560-5d79-8856-4820700c56ab.html
“Since 2012, Senator Manchin’s income totals $4.35 million from stock he owns in Enersystems, Inc., the Fairmont-based coal brokerage he founded in 1988, according to his U.S. Senate financial disclosures.
Manchin made another $95,000 to $236,000 over the same span from notes receivable and stock he owns in Farmington Resources, a Fairmont-based mining services company. Senate financial disclosures report most assets in dollar ranges, not precise amounts.
In 2020, Manchin’s Enersystems stock was valued from $1 million to $5 million – easily his most valuable asset.
The centrist Democratic senator and chairman of the powerful Senate Energy and Resources Committee now finds President Joe Biden’s climate and social agenda resting largely in his hands.”
“According to statistics compiled by the Commerce Department’s Bureau of Economic Analysis, about 32 percent of West Virginians’ personal income last year came in the form of transfer payments — that is, government checks that include retirement and disability benefits, medical benefits, welfare payments, veterans benefits, unemployment compensation and education and training assistance.
That is a higher rate of government dependence than any other state. Mississippi comes in second — at just under 30 percent.” https://www.washingtonpost.com/opinions/2021/10/26/manchin-warns-that-bidens-agenda-would-create-an-entitlement-society-his-state-leads-way/
“Joe Manchin has made millions of dollars from coal : Now he gets to take the lead in deciding coal’s future. https://www.wvgazettemail.com/news/energy_and_environment/manchin-protecting-coal-industry-while-profiting-from-it-imperils-key-climate-priorities/article_be7472e4-1560-5d79-8856-4820700c56ab.html
“Since 2012, Senator Manchin’s income totals $4.35 million from stock he owns in Enersystems, Inc., the Fairmont-based coal brokerage he founded in 1988, according to his U.S. Senate financial disclosures.
Manchin made another $95,000 to $236,000 over the same span from notes receivable and stock he owns in Farmington Resources, a Fairmont-based mining services company. Senate financial disclosures report most assets in dollar ranges, not precise amounts.
In 2020, Manchin’s Enersystems stock was valued from $1 million to $5 million – easily his most valuable asset.
The centrist Democratic senator and chairman of the powerful Senate Energy and Resources Committee now finds President Joe Biden’s climate and social agenda resting largely in his hands.”
p/s: “Eliminate West Virginia Met Coal Subsidy to Assist Dislocated Coal Workers” https://ohiorivervalleyinstitute.org/eliminate-west-virginia-met-coal-subsidy-to-assist-dislocated-coal-workers/
Fossil fuel industry gets subsidies of $11 million a minute, IMF finds : Trillions of dollars a year are ‘adding fuel to the fire’ of the climate crisis, experts say https://www.theguardian.com/environment/2021/oct/06/fossil-fuel-industry-subsidies-of-11m-dollars-a-minute-imf-finds
The comprehensive IMF report found that prices were at least 50% below their true costs for 99% of coal, 52% of diesel and 47% of natural gas in 2020. Five countries were responsible for two-thirds of the subsidies: China, the US, Russia, India and Japan. Without action, subsidies will rise to $6.4tn in 2025, the IMF said. https://www.imf.org/en/Publications/WP/Issues/2021/09/23/Still-Not-Getting-Energy-Prices-Right-A-Global-and-Country-Update-of-Fossil-Fuel-Subsidies-466004 Free download: https://www.imf.org/-/media/Files/Publications/WP/2021/English/wpiea2021236-print-pdf.ashx
https://pbs.twimg.com/media/FBxovFFWUAIm_vE?format=png
Joe Manchin’s child tax credit changes could prevent more than 37 million children from getting aid and his home state of West Virginia would see a 58% cut in recipients with the income cap, with almost 190,000 fewer children qualifying, the analysis finds. https://www.cnbc.com/2021/10/21/manchin-could-prevent-37-million-kids-from-getting-child-tax-credit.html
Sen. Joe Manchin (D-W.Va.) on Wednesday dismissed a report that he is actively thinking about dropping out of the Democratic Party as “bullshit” and “rumors.”
Manchin is up for reelection in 2024 and hasn’t said whether he’ll run for a fourth Senate term. https://bit.ly/3negeX5
Declaring “no more government handouts,” millions of America’s children are demanding that all future salary payments to Senator Joe Manchin be tied to a work requirement. https://www.newyorker.com/humor/borowitz-report/americas-children-demand-that-joe-manchins-salary-be-tied-to-work-requirement
7AM MDT, tomorrow morning, 22nd
Mother Jones: “Joe Manchin Called Our Reporting “Bullshit.” Now He’s Got a Different Story.” https://www.motherjones.com/politics/2021/10/joe-manchin-called-our-reporting-bullshit-now-hes-got-a-different-story/
Manchin’s spin has moved from a complete denial on Wednesday to a yes-but on Thursday, with an explanation that depicts Manchin as a senator generously considering a departure from the Democratic Party only to help Schumer and the other Democrats.
But…
“According to statistics compiled by the Commerce Department’s Bureau of Economic Analysis, about 32 percent of West Virginians’ personal income last year came in the form of transfer payments — that is, government checks that include retirement and disability benefits, medical benefits, welfare payments, veterans benefits, unemployment compensation and education and training assistance.
That is a higher rate of government dependence than any other state. Mississippi comes in second — at just under 30 percent.” https://www.washingtonpost.com/opinions/2021/10/26/manchin-warns-that-bidens-agenda-would-create-an-entitlement-society-his-state-leads-way/