Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ July 7, 2007 OPINION Ernie Fletcher and Jim Gooch want a special session, but Jim Gooch and Ernie Fletcher were nowhere to be seen when the mine worker widows were begging for mine worker safety legislation, in February of this year. I suggest Governor Ernie Fletcher and Chairman Jim Gooch of the House Natural Resources and Environment Committee were cow towing to the coal companies then just like they are doing now. If the Democrats cave in to Ernie Fletcher, on this issue, before Ernie Fletcher makes public all of the contributors to his secret defense fund, they are nuts. ERNIE FLETCHERS LATEST LETTER: COMMONWEALTH OF KENTUCKY OFFICE OF THE GOVERNOR ERNIE FLETCHER GOVERNOR July 6, 2007 700 CAPITAL AVENUE SUITE 100 FRANKFORT, KY 40601 (502) 564-261 1 FAX: (502) 564-2517 The Honorable Jody Richards Speaker of the House of Representatives Capitol Annex Room 303 Frankfort, KY 40601 VIA HAND DELIVERY Dear Speaker Richards: Pursuant to our conversation at 1:00 pm today, I am writing to confirm that you have agreed to convene a meeting with your leadership and me, either in person or by conference call. You will be contacting my assistant, Ty Slone, to arrange a time as soon as possible. We await your call. Testimony presented to the Senate Agriculture and Natural Resources Committee today confirmed that the anticipated economic impact of the Peabody investment for a synthetic natural gas plant in the western part of state would create 4,050 jobs during the construction phase of several years and 2,805 jobs thereafter. The total impact would amount to $10.8 billion in the region over the incentive period. If a coal to liquid plant is added, that would produce an additional 3,724 jobs during construction and 3,786 jobs after the construction phase, and up to $19 billion regional impact over the period of incentive. Rick Bowen, President of Peabody Energy BTU, testified that construction of a synthetic natural gas plant is not dependent on new federal legislation and that a decision as to the location of a plant would be made in 90 days. We cannot afford to miss this opportunity. While you were here working on the energy bill, I felt that it would be appropriate that we also work on other opportunities for the Commonwealth, and additionally authorize a number of projects, most of which had already been passed by both the House and the Senate. None of these should be controversial, and I have supported them from the point when our bond rating outlook was upgraded. If there are items that you feel are political and not good policy for the Commonwealth, please let me know what they are and I will discuss the elimination of those from the call. Sincerely, Ernie Fletcher Richards, The Honorable Jody July 6,2007 c: Representative Larry Clark Representative Rob Wilkey Representative Rocky Adkins Representative Charlie Hoffman
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ July 5, 2007 Pol Watchers excerpt: The House of Representatives voted to end a special legislative session called by Gov. Ernie Fletcher about an hour and fifteen minutes after it started. Over the objection of House Republicans, the chamber voted by voice to adjourn at 5:35 p.m. until noon on Jan. 8, 2008. House Speaker Jody Richards stepped off the speaker's platform to give a rare address from the chamber floor to explain why the House is packing up rather than working on the 67 items Fletcher asked the legislature to consider in special session. "I take the unusual step of rising to address this body on a simple but important question: has the governor justified calling the General Assembly into special session at a cost of $60,000 per day to the Kentucky taxpayer?" he asked rhetorically. "Anyone who has followed events since the governor first threatened to call a special session knows that the answer to this question is a clear, resounding and unequivocal, 'No.'" Read more. Steve Beshear had this to say in his press release: “I have said all along that a Governor should not take the extraordinary measure of calling a special session in the absence of agreement with the legislature on the agenda and the pressing need for the session,” said Beshear. “It is apparent that the Governor did not get such an agreement and that is why it failed.” “Mr. Fletcher has had 3 years to put a comprehensive energy plan in place,” said Beshear. “His failure to do so, including his complete absence just a few months ago in regards to Rep. Rock Adkins energy bill, should not be subsidized by the taxpayers of Kentucky. Especially given that Kentucky has already given out $400,000 for a feasibility study that won’t be completed until April of 2008.”
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ July 4, 2007 Below is the latest letter to Ernie Fletcher from Peabody Energy: PEABODY ENERGY 701 Market Street St. Louis, Missouri 63101-1828 314.342.7540 Fax314.342.7907 RICK A. BOWEN President Generation & Blu Conversion July 3, 2007 The Honorable Ernie Fletcher Governor Commonwealth of Kentucky 700 Capital Avenue, Suite 100 Frankfort, KY 40601 Dear Governor Fletcher: We are excited to hear about the potential for a special session with the legislature along with the prospects of specific legislation to provide incentives to developers of SNG projects. We look forward to the successful outcome of your session and potential benefits it will bring to the state in the form of jobs along withsignificant investment. As you know, we and the other members of our prospective consortium are in the final stages of determining in which state we will begin the in depth evaluation or feasibility analysis for a large SNG facility. That decision will be made this summer, not next year as some in the press have indicated. The key elements included in the legislation currently under consideration will have a significant impact on your state's eligibility in our consortiums decision. Should the legislation which survives the special session process meet the key elements needed for our project, it is very likely Peabody will recommend that we proceed to the next phase in Kentucky. While there is no guarantee our venture will select Kentucky, or that the feasibility work will ultimately conclude with a positive outcome, the matters incorporated in the current legislation are extremely important to the initial decision on which state to begin the location process. In addition, regardless of our project decision, the proposed legislation is good for the future of Kentucky and will go a long way to demonstrate that Kentucky is a great place to locate this type of business. Sincerely,
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ July 3, 2007 Here in Kentucky we don’t believe in welfare, and to hand a $400,000 welfare check to a Corporation with more money than God is unthinkable. Gregory H. Boyce reported he exercised stock options for $8.63 apiece and then sold all of them the same day for $50 apiece. Hell’s bell’s Peabody Energy CEO Gregory H. Boyce made, according to my figures, made $380,604 in one day with his stock options. Reckon he had some inside information? Lord only knows how much this guy makes salary wise. It’s obvious to this DAH “Dumb Ass Hillbilly” Gregory H. Boyce and or Peabody Energy doesn’t need to be on the welfare rolls and Governor Ernie Fletcher needs to let us know if Gregory H. Boyce and or Peabody Energy donated to his secret defense fund.
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ June 21, 2007 For information about coal to liquid click here. For information about Peabody Energy Corp. click here. Peabody Energy Corp. share holders want our tax dollars to help them make money with little or no risk. Rick Bowen of Peabody Energy Corp. wrote the following to Gov. Ernie Fletcher. “This summer, Peabody Energy intends to make a major decision regarding development of this project and its location. In doing so, Peabody must protect our shareholders by minimizing the cost of the project.” A plan unveiled last week at a state energy subcommittee hearing in Muhlenberg County would offer $315 million in tax incentives over 25 years to a $2.5 billion coal-to-liquid plant. I suggest it’s not Governor Ernie Fletcher’s job to protect Peabody share holders with my tax dollars. If I want to invest in Peabody Energy Corp., I’ll do it in the free market and Governor Ernie Fletcher and all his pals in Frankfort are free to do the same. How can this Governor, in good conscience, even think about subsidizing Peabody Energy Corp. with our tax dollars when people in Pike County, Kentucky still have to carry water in 5 gallon buckets? If Peabody Energy Corp. is so hard up for money, the Governor might consider giving Peabody some of the money he has in his secret legal defense fund!!!!