INDUSTRY AND AN ESTIMATED
381,000 JOBS.
HERE NOW IS RILEY MOORE, WEST
VIRGINIA’S TREASURER.
GOOD TO SEE YOU, SIR, THANK YOU
FOR BEING HERE.
I’M SURPRISED TO HEAR THAT YOU
GUYS WERE AS SHOCKED AS THE REST
OF THE NATION ABOUT JOE
MANCHIN’S TURN HERE.
WHY DO YOU THINK HE TURNED
AROUND?
>> YOU KNOW, THANKS, DAVID, FOR
HAVING ME ON.
IT IS SHOCKING THOUGH.
NONE OF US HAD A HEADS UP ON
THIS WHATSOEVER.
DAVID: WOW.
>> THE SOLE ASSOCIATION HERE --
COAL ASSOCIATION HERE IN WEST
VIRGINIA WAS AS SHOCKED AS
ANYBODY ELSE BECAUSE I WAS AT
THE NATIONAL COAL ASSOCIATION
MEETING WHERE I SPOKE AND
SENATOR MANCHIN SPOKE, AND HE
WAS VERY CLEARLY IN SUPPORT OF
THE INDUSTRY, AND NOW THIS COMES
AROUND.
NOW, TO BE CLEAR, THIS
ADDITIONAL EXCISE TAX THAT
THEY’RE GOING TO DOUBLE ON
COAL --
DAVID: YES.
>> -- IN THIS BILL IS GOING TO
ADD $46 MILLION IN ADDITIONAL
TAXES JUST TO COAL OPERATORS IN
WE’VE VAST -- WEST VIRGINIA.
I MEAN, THAT COULD BE A KILLER.
DAVID: YEAH.
WELL, YOU KNOW, HE CLAIMS HE GOT
PROMISES FROM VARIOUS
POLITICIANS --
[LAUGHTER]
FRANKLY, THAT’S AN OXYMORON.
PROMISES FROM A POLITICIAN, IT’S
A NON SEQ. BIER.
BUT PROMISES OF NEW PERMITS FOR
PIPELINES, NEW DRILLING, ETC.
YOU KNOW IS THE BEST HE WALKED
AWAY WITH IS JUST A PROMISE FROM
A POLITICIAN WHO?
WELL, I THINK THAT’S AT BEST A
PROMISE FROM A POLITICIAN,
BECAUSE THE MOUNTAIN VALLEY
PIPELINE HAS BEEN BLOCKED
BECAUSE OF LAWSUITS, RIGHT?
SO THEY CAN DO WHATEVER CHARADES
THAT THEY WANT TO AS IT RELATES
TO THE LEGISLATIVE PROCESS
AROUND THE MOUNTAIN VALLEY
PIPELINE.
BUT AT THE END EBB OF DAY, THAT
DOESN’T STOP THE
ENVIRONMENTALISTS FROM SUING AND
TRYING TO STOP THIS EVEN AFTER
THIS BILL BECOMES LAW.
WE’RE STILL IN THE EXACT SAME
PLACE WE WERE.
DAVID: ANOTHER THING THAT
ENVIRONMENTALISTS ARE DOING, AND
IT’S SORT OF IN COOPERATION WITH
A LOT OF THESE WOKE CORPORATE
BOARDS, IS PREVENTING FINANCING
OF FOSSIL FUEL PROJECTS WHATEVER
THEY ARE, WHEN IT’S COAL, NAT
GAS, WHATEVER IT HAPPENS TO BE.
THEY’VE BEEN VERY SUCCESSFUL AT
GETTING INTO THE BOARDROOMS.
FRANKLY, IT’S AN OLD THEORY FROM
THE MARXIST TEXTBOOKS OF THE
1940, INFILTRATE THE
CORPORATIONS, WE CAN DESTROY
CAPITALISM THAT WAY.
YOU’VE GOT A UNIQUE WAY OF
FIGHTING IT.
EXPLAIN HOW YOU’RE FIGHTING
THAT.
>> YES.
SO WE CREATE HERE IN WEST
VIRGINIA WHAT’S CALLED THE
RESTRICTED FINANCIAL
INSTITUTIONS LIST.
AND I ADMINISTER THAT LIST, AND
WE DID A REVIEW OF ALL THE
DIFFERENT FINANCIAL INSTITUTIONS
WE DO BUSINESS WITH IN THE
TREASURER’S OFFICE AND
THROUGHOUT STATE GOVERNMENT.
AND WE FOUND THAT WE HAD FIVE
INSTITUTIONS THAT WERE
BOYCOTTING THE FOSSIL FUEL
INDUSTRY.
AND SO, LOOK, THERE’S A CLEAR
CONFLICT OF INTEREST HERE.
WE’RE NOT GOING TO HAND DOLLARS
OVER TO BANKS THAT ARE GOING TO
TRY TRY TO DIMINISH THOSE FUNDS.
WE’RE NOT GOING TO LET THEM
WEAPON NEEDS OUR OWN MONEY
AGAINST US -- WEAPONIZE.
SO FIVE FINANCIAL INSTITUTIONS
HAVE NOW BEEN BANNED FROM ALL
STATE CONTRACTS AS IT RELATES TO
BANKING SERVICES IN WEST
VIRGINIA.
GOOD NEWS ON THAT THOUGH, WE HAD
ISSUED SIX LETTERS, AND ONE OF
THOSE BANKS, U.S. BANK, ACTUALLY
CHANGED THEIR LENDING POLICY.
DAVID: IT’S HAVING AN EFFECT.
>> THERE IS A WAY TO WIN HERE.
DAVID: CAN I LOVE IT.
IT’S A RISK THE WAY TO WIN.
IT’S PROSECUTE GROUND LEVEL.
THE IT’S NOT A FEDERAL SOLUTION,
A STATE SOLUTION.
JUST TO SHOW YOU HOW MUCH MONEY
WE’RE TALKING ABOUT, BlackROCK
ALONE, I’M TOLD, JUST LOST $700
MILLION WORTH OF CONTRACTS FROM
WEST VIRGINIA, LOUISIANA AND
ARKANSAS.
THAT’S GOTTA HURT ’EM.
>> OH, THAT’S REAL MONEY.
I MEAN, WE’RE CERTAINLY TALKING
ABOUT REAL MONEY HERE.
AND DON’T FORGET WHAT’S EXCITING
ABOUT THIS IS TEXAS IS LIKELY
GOING TO BE PUTTING HAIR BILL
OUT HERE THIS YEAR, AND RIGHT
BEHIND THAT YOU’RE GOING TO HAVE
KENTUCKY, AND YOU’RE GOING TO
HAVE TENNESSEE AND OKLAHOMA.
THEY ARE ALSO DOING A RESTRICTED
FINANCIAL INSTITUTION LIST AS
WELL.
SO, LOOK, WE’RE LEADING THE
CHARGE ON THIS, WE’RE KIND OF
POINT OF THE SPEAR, BUT THERE’S
AN ARMY BEHIND WEST VIRGINIA.
DAVID: YOU KNOW, YOU ALSO HELPED
OUT AGAINST THE WOKE MOVEMENT
WITH THE VEST VIRGINIA V -- WEST
VIRGINIA V. EPA.
THE SUPREME COURT GAVE YOU THE
VICTORY, SAID THE EPA CAN’T MAKE
UP REGULATION FROM REGULATORY
STANDPOINT, BUT THE BIDEN
ADMINISTRATION’S GOING AHEAD ANY
IFWAY.
THE DEPARTMENT OF TRANSPORTATION
HAS A NEW RULE THAT WOULD SEEM
TO HAVE BEEN PUT TOGETHER BY
CONGRESS, IT WASN’T.
SEC HAS NEW REGS ON FOSSIL
FUELS, SO IT’S -- THEY’RE NOT
PAYING ATTENTION OTT SUPREME
COURT.
ARE YOU GOING TO SUE TO MAKE
SURE THAT, IF NECESSARY, IT GOES
TO THE SUPREME COURT AGAIN?
>> WELL, I’LL TELL YOU, OUR
ATTORNEY GENERAL’S BEEN VERY
AGGRESSIVE ON THIS.
AND HERE’S THE SAD THING ABOUT
EPA VERSUS WV IS AT END OF DAY
WHAT WE FOUND OUT WAS THE OBAMA
WAR ON COAL WHERE WE LOST
THOUSANDS OF JOBS, WE KNEW IT
WAS ILLEGAL, WE NOW KNOW FOR A
FACT IT WAS ILLEGAL.
WE’RE NEVER GETTING THOSE JOBS
BACK.
HERE IN WEST VIRGINIA WE’RE
GOING TO CONTINUE TO FIGHT WOKE
AGENDA, FIGHT FOR OUR JOBS AND
FIGHT FOR EMERGENCY INDEPENDENCE
IN THIS COUNTRY.
DAVID: SAUL ONLY ROVE V.A., YOU
HAD A LITTLE BIT TO DO WITH HER
DROPPING OUT OF HER ROLE FOR
CONTROL OF THE CURRENCY WHICH
WOULD HAVE AFFECTED FOSSIL FUEL
CONTRACTS FROM THE BANKS, RIGHT?
QUICKLY.
>> OH, OR YEAH, ABSOLUTELY.
AND, I MEAN, LOOK, SHE WAS AN AN
AVOWED MARXIST.
THANK GOD SHE WAS NOT CONFIRMED
AND THAT PROCESS DID NOT GO
BARD. WE ALL HAVE TO CONTINUE TO
FIGHT AGAINST THIS LEFT AGENDA
THAT IS TRYING TO TO DESTROY
THIS COUNTRY.
DAVID: RILEY MOORE, TREASURER OF