After Obama reelection, Murray Energy CEO reads prayer, announces layoffs
By Steven Mufson, Updated: Friday, November 9, 7:16 AM
For the chairman and chief executive of Murray Energy, an Ohio-based coal company, the reelection of President Obama was no cause for celebration. It was a time for prayer — and layoffs.
Robert E. Murray read a prayer to a group of company staff members on the day after the election, lamenting the direction of the country and asking: “Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build.”
On Wednesday, Murray also laid off 54 people at American Coal, one of his subsidiary companies, and 102 at Utah American Energy, blaming a “war on coal” by the Obama administration.
Murray Energy is the country’s largest privately owned coal mining company, with about 3,000 employees producing about 30 million tons of bituminous coal a year, according to its Web site.
The company was the subject of an article in the New Republic that said the firm forced miners to attend a Romney campaign speech in southeastern Ohio in August. Murray denied the account. The New Republic also reported that Murray Energy employees have given more than $1.4 million to Republican candidates for federal office since 2007.
Murray has been a target of environmentalists. Notably, the company has spilled coal slurry into a creek on seven occasions.
Murray’s prayer from Wednesday first appeared on the Web site of the Intelligencer/ Wheeling News-Register. The newspaper said Murray supplied his text. The Postconfirmed its legitimacy with a company spokesman, Gary M. Broadbent.
Here is the full text of the prayer:
Dear Lord:
The American people have made their choice. They have decided that America must change its course, away from the principals of our Founders. And, away from the idea of individual freedom and individual responsibility. Away from capitalism, economic responsibility, and personal acceptance.
We are a Country in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom.
My regret, Lord, is that our young people, including those in my own family, never will know what America was like or might have been. They will pay the price in their reduced standard of living and, most especially, reduced freedom.
The takers outvoted the producers. In response to this, I have turned to my Bible and in II Peter, Chapter 1, verses 4-9 it says, “To faith we are to add goodness; to goodness, knowledge; to knowledge, self control; to self control, perseverance; to perseverance, godliness; to godliness, kindness; to brotherly kindness, love.”
Lord, please forgive me and anyone with me in Murray Energy Corp. for the decisions that we are now forced to make to preserve the very existence of any of the enterprises that you have helped us build. We ask for your guidance in this drastic time with the drastic decisions that will be made to have any hope of our survival as an American business enterprise.
Amen.
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After Obama reelection, Murray Energy CEO reads prayer; layoffs
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If prices increase 100%, they double. So an increase of 800% would mean prices went up 9 times. 
Originally Posted by Loki
I take it you don't think opening new stores is an example of investment? This must be why corporations that make large profits don't hire new workers and don't expand. And of course it's the nice CEOs, who overcharge consumers as an act of kindness and end up bankrupting their companies, that should be applauded.
