You can say many of the same things about MBS, CDO's, SIV's, and other great 'innovations' of Wall Street. They are not pro-social. They're magic tricks for Wall St. magicians. They do not deliver broadly-distributed benefits for all of society, like a true innovation does.
Thursday, December 31, 2009
Innovations?
So many things that are actually no good at all are disguised as 'innovations'. Derivatives were celebrated as innovations, but they're only useful for investors at the highest level, who use gigantic levels of capital and leverage and supercompu
You can say many of the same things about MBS, CDO's, SIV's, and other great 'innovations' of Wall Street. They are not pro-social. They're magic tricks for Wall St. magicians. They do not deliver broadly-distributed benefits for all of society, like a true innovation does.
You can say many of the same things about MBS, CDO's, SIV's, and other great 'innovations' of Wall Street. They are not pro-social. They're magic tricks for Wall St. magicians. They do not deliver broadly-distributed benefits for all of society, like a true innovation does.
Clogged Arteries
Even the honest politicians who know that obedience to the central banking corporation has placed us on an unsustainable fiscal course are nervous about what comes next if we cut our losses and go back to constitutional money, because they recognize that not only is the Fed's grip secured by the debt obligations they have charged against us, their grip is secured by the inevitable turmoil they will cause if we try to transition away from the Fed.
At this point, I hope most people have caught on that the Fed is in this for the Fed ( ignore the media trying to cast Bernanke as the savior ), but people struggle to describe an America without the Fed, or explain what it will take to get there.
We need politicians to get past that fear, and we need to throw out the ones who are obvious agents of Wall Street. If we don't, every trend of the past century accelerates. We can jump out of the bus when it's going 60 mph and probably live, but when we're hurtling into default at 200 mph, we won't even have the chance to jump out of the bus. Unless we want to borrow and borrow and pay compound interest until we have a massive fiscal heart attack, we better change our diet. All these interest charges are clogging our arteries.
At this point, I hope most people have caught on that the Fed is in this for the Fed ( ignore the media trying to cast Bernanke as the savior ), but people struggle to describe an America without the Fed, or explain what it will take to get there.
We need politicians to get past that fear, and we need to throw out the ones who are obvious agents of Wall Street. If we don't, every trend of the past century accelerates. We can jump out of the bus when it's going 60 mph and probably live, but when we're hurtling into default at 200 mph, we won't even have the chance to jump out of the bus. Unless we want to borrow and borrow and pay compound interest until we have a massive fiscal heart attack, we better change our diet. All these interest charges are clogging our arteries.
Mismanagement Of Money
I think that debt and taxes are more like their engines of control. They don't really need the interest payments as much as they need for people to have obligations to their system. They have 1000 times more money than anyone can use already, but lending it out and making people follow a schedule of payments is still an essential population management tool. When people are on a hamster wheel of debt service, they behave predictably, and if they don't, the 'debt and taxes' system will swiftly crack the whip on them to remind them.
The elites are a tiny minority, so it is critically important that all money flow through their hands at one point or another- otherwise, the masses would recognize how useless and debilitating they are, and throw them off their backs. For the elites to hold their status, the masses must remain convinced that money requires management and that there must be a designated class placed in charge of money.
Money does not require management- it requires protection from mismanagement. The quantity of money and the price paid to rent it will find appropriate levels faster if humans ( who will always act in their own narrow self-interest ) are prevented from managing the money supply. No one would even bother managing the money supply unless they saw a way to manipulate it to their own advantage, and clearly, that is what motivates those who do manage it.
The elites are a tiny minority, so it is critically important that all money flow through their hands at one point or another- otherwise, the masses would recognize how useless and debilitating they are, and throw them off their backs. For the elites to hold their status, the masses must remain convinced that money requires management and that there must be a designated class placed in charge of money.
Money does not require management- it requires protection from mismanagement. The quantity of money and the price paid to rent it will find appropriate levels faster if humans ( who will always act in their own narrow self-interest ) are prevented from managing the money supply. No one would even bother managing the money supply unless they saw a way to manipulate it to their own advantage, and clearly, that is what motivates those who do manage it.
Wall Street's Top Ten Lies, 2009
Posted in reply to this: http://www.huffingtonpost.com/les-leopold/wall-streets-10-biggest-l_b_399759.html
Shouldn't the first lie listed be the same lie that we've been told every year for 96 years? That lie being this:
"The Federal Reserve is not a private corporation, does not operate the monetary system for the profit of its owners, does not purposely create boom and bust cycles, does not act against the best interests of the American wage earners."
That lie should be at the top of any list like this, every year.
Everything else on your list is useful for explaining why we trudge through Wall Street's elephant dung year in and year out, but you can't talk about the dung without describing the biggest elephant dropping it.
Shouldn't the first lie listed be the same lie that we've been told every year for 96 years? That lie being this:
"The Federal Reserve is not a private corporation, does not operate the monetary system for the profit of its owners, does not purposely create boom and bust cycles, does not act against the best interests of the American wage earners."
That lie should be at the top of any list like this, every year.
Everything else on your list is useful for explaining why we trudge through Wall Street's elephant dung year in and year out, but you can't talk about the dung without describing the biggest elephant dropping it.
Monday, December 28, 2009
Prices and Value
People were warning that 'the reality was the unreal' when they looked at the wreckage of the fiat/speculation system in the 1930's, too. And then they herded together and marched right back into the same house of mirrors and voodoo.
That's the amazing power of the fictional wealth matrix- the mechanism can, in its early stages, add painless zeros onto the ends of incomes and assets, and that makes the public happy and complacent ( and forgetful about what lies on the other side of the mountain, even when the history books show it ). It works like magic. When you first borrow your 'new wealth', you don't even feel the burden. It's nearly weightless. In the beginning, it feels like the fountain of youth rejuvenating the economy.
People need to wake up and stop counting prices as a measure of wealth. When you're adding zeros to your income or to your home price, what you're really doing is acting as a thermometer for how much debt is entering the system. Price and value are two different things. In a fiat system, something's price is 'value' X 'the amount of paper money prepared to pay for it'. The same loaf of bread can be 25 cents in a sane money system and $100 in a money system spinning out of control. The bread has the same value in both cases, but the prices are night and day.
That's the amazing power of the fictional wealth matrix- the mechanism can, in its early stages, add painless zeros onto the ends of incomes and assets, and that makes the public happy and complacent ( and forgetful about what lies on the other side of the mountain, even when the history books show it ). It works like magic. When you first borrow your 'new wealth', you don't even feel the burden. It's nearly weightless. In the beginning, it feels like the fountain of youth rejuvenating the economy.
People need to wake up and stop counting prices as a measure of wealth. When you're adding zeros to your income or to your home price, what you're really doing is acting as a thermometer for how much debt is entering the system. Price and value are two different things. In a fiat system, something's price is 'value' X 'the amount of paper money prepared to pay for it'. The same loaf of bread can be 25 cents in a sane money system and $100 in a money system spinning out of control. The bread has the same value in both cases, but the prices are night and day.
Sunday, December 27, 2009
Central Bank Is Anti-Free Market
A huge fear of any central bank is that the people will lend their profits to each other- thus eliminating demand for the debt offered by the central bank. That would create a true free market, as you point out- the central bank is anti-free market. Their ambition is to establish monopolistic control over the supply of credit, centralized in one money center: NYC.
Why Not Default?
To escape the march of death we're on, we would have to begin paying off the principal of our debt. Not only can we not make any headway against the principal, we can't even keep up with the *interest payments* on the principal out of what we generate ourselves. We have to take on new debt just to keep up with the interest. This is like starting a new credit card to pay the interest payments on your other credit cards.
We're trapped. To break out of the prison described in your quote, we would have to smash through one ( or possibly both ) of the walls.
A- Stop handing over native assets to our creditors.
B- Stop finding new creditors to supply the funds we need to service our existing creditors.
If we don't default on our paper, the paper will bury us.No other way out of this boa constrictor of debt.
We're trapped. To break out of the prison described in your quote, we would have to smash through one ( or possibly both ) of the walls.
A- Stop handing over native assets to our creditors.
B- Stop finding new creditors to supply the funds we need to service our existing creditors.
If we don't default on our paper, the paper will bury us.No other way out of this boa constrictor of debt.
Emphasis
The emphasis on stabilizing the banks has, unsurprisingly, stabilized the banks.
The emphasis on re-capitalizing the banks has, unsurprisingly, resulted in zero interest money going from the Fed into the front doors of the banks and then out the back doors of the banks into the bond market and the stock market, where it boils away, doing nothing for the real economy.
The other 99% of the country continues to watch the jobs dry up and the dollar stumble towards the edge of the cliff.
The emphasis on re-capitalizing the banks has, unsurprisingly, resulted in zero interest money going from the Fed into the front doors of the banks and then out the back doors of the banks into the bond market and the stock market, where it boils away, doing nothing for the real economy.
The other 99% of the country continues to watch the jobs dry up and the dollar stumble towards the edge of the cliff.
Rules
If banks can't abide by accounting rules, then what does that tell us? It tells me that they can't be trusted with any more money. I mean seriously- the banks are granted the right to lend on fractional reserves, and even with this power to counterfeit at their disposal, they still cry 'help us!'??
Rat In A Snake
There's trillions in new money in the system, but it's in suspended animation or it's churning the speculative markets, because if it is released into the world of goods and services, it will ignite even more inflation.
I'm reminded of a picture of a snake with a digesting rat bulging out of the midpoint of its tract.
I'm reminded of a picture of a snake with a digesting rat bulging out of the midpoint of its tract.
States Going Broke
Let all 50 states establish their own 'Federal Reserve'-style bank, and they'll print endless fiat currency to cover every bill and benefit... the states can just stack up state-issued bonds, and point to those when anyone asks what backs their money. What a brilliant idea!
Oh, wait... we can't let the states do that. That system is ridiculous. You can't just make money up out of nothing. That's absurd.
Right?
Oh, wait... we can't let the states do that. That system is ridiculous. You can't just make money up out of nothing. That's absurd.
Right?
Hunter-Gatherer
The banking regulators have always been in partnership with the vultures. Who else are they going to sell the distressed properties back to, except for the vultures who engineered the crisis, capitalized themselves, and then laid in wait for the government fire sale?
The government serves as the 'hunter-gatherer' of the assets that are redistributed into the peak of the pyramid.
The government serves as the 'hunter-gatherer' of the assets that are redistributed into the peak of the pyramid.
1929!
Fall 1929 can't be examined separately from 1913-1929 and 1930-1941. People talk about the October Crash like it was a surprise event, when it was the most anticipated and predictable event of its time for those inside the financial establishment- just like dot com, just like sub prime. The aftermaths of all three 'crash's ( more like terrorist bombings... ) were all planned out when the respective fuses were lit.
Too Big To Flush
Changing 'mark to market' permitted the banks to present fantasy books, and the government overpaid for some of the worst assets on their ledgers ( corpses, really ). This let the Wall Street crew pump their share prices back up ( BOA, CITI ) and then these banks promptly issued new offerings of secondary shares at the inflated prices built on phony accounting. The market sucked in a lot more money out of pension funds, etc., to buy these new shares. Now the credit default swaps have adjusted to what is supposed to be a lower risk of failure for these banks, but this is just phony derivatives responding to phony share prices.
The whole house of cards has a weaker foundation than ever.Everything that was rotting in 2007 and 2008 and 2009 will continue to rot in 2010 and the government will keep papering over the rot. Except now the commercial real estate is joining the bonfire of rotting assets.
The whole house of cards has a weaker foundation than ever.Everything that was rotting in 2007 and 2008 and 2009 will continue to rot in 2010 and the government will keep papering over the rot. Except now the commercial real estate is joining the bonfire of rotting assets.
Vortex
Even if the government were to raise taxes to their maximum and seize 100% of all wages, salaries and corporate profits, it still would be showing an annual deficit, using generally accepted accounting practices.
If the government stopped spending every penny (including defense and homeland security) other than for Social Security and Medicare obligations, the government still would be showing an annual deficit.
The retirement and medical care benefits promised to future retirees will become part of the greatest bait and switch of all time. A Ponzi scheme that Madoff would be proud of. That future is not far off.
If the government stopped spending every penny (including defense and homeland security) other than for Social Security and Medicare obligations, the government still would be showing an annual deficit.
The retirement and medical care benefits promised to future retirees will become part of the greatest bait and switch of all time. A Ponzi scheme that Madoff would be proud of. That future is not far off.
Malinvestment
Speculation on securitized debt-backed assets qualifies as malinvestment. These 'financial innovations' attract malinvestment. That's capital that is absent from the real economy. Wall Street built a shadow economy that progressively siphoned off money that would traditionally be reinvested into actual production.
Kill The Zombies
Why even bother nationalizing these zombie companies- unless you want to move deeper into a corporate/state economy ( fascism )? The time to walk away from bad investments is early, and our investments in banks and insurers are bad investments. We're propping up zombie companies that actually deplete economic energy even when they're quote unquote 'healthy'- all they do is repackage debt and resell it at a higher cost. Why are we saving them? Their contributions are negative in the best of times.
If government spending makes up a greater and greater share of your GDP, that's a signal that your economy is in decay. It's also a signal that our 'experiment with capitalism' has been in retreat for a long time. Government spending cannot drive the economy in anything other than a communist state. Government has no money of its own. Everything they spend is either borrowed ( using the people as collateral ) or collected through taxes.
If government spending makes up a greater and greater share of your GDP, that's a signal that your economy is in decay. It's also a signal that our 'experiment with capitalism' has been in retreat for a long time. Government spending cannot drive the economy in anything other than a communist state. Government has no money of its own. Everything they spend is either borrowed ( using the people as collateral ) or collected through taxes.
Friday, December 18, 2009
Cold Water
We have reached a tipping point already regarding our future creditworthiness. USA, Inc.'s financial statement looks worse than any zombie bank's I've seen. But because it takes so long for a behemoth the size of the US to sink below the waterline once the irreversible final act begins, most people just aren't conscious of how much water is already in the hull. ( Or most people are just brainwashed, drugged out, dumbed down, and purposely ignoring the alarms going off...there's always that explanation. )
I'm not looking forward to the hyperinflationary phase ahead, when all these people are shocked out of their stupors and forced to learn the 100 years of monetary reality they've been ignoring their whole lives... in a week.
"Wake up, kids! Time to take that red pill. Lesson One: In 1913, an illegal central bank was established, and real money began to disappear from the American landscape.
People hit with that much cold water in the face all at once are bound to be disoriented, irrational and unpredictable.
I'm not looking forward to the hyperinflationary phase ahead, when all these people are shocked out of their stupors and forced to learn the 100 years of monetary reality they've been ignoring their whole lives... in a week.
"Wake up, kids! Time to take that red pill. Lesson One: In 1913, an illegal central bank was established, and real money began to disappear from the American landscape.
People hit with that much cold water in the face all at once are bound to be disoriented, irrational and unpredictable.
More Bourbon, Anyone?
Deflation is necessary to flush malinvestment and credit bubbles out of the system. The rationale given for this 'stimulus' policy is like an alcoholic insisting that the road to his recovery starts with him tripling his intake of bourbon. America has a credit-soaked liver but it doesn't want to hear that it's last call- addicts never do.
Extra Zero, Anyone?
Inflation punishes the people who didn't gorge themselves on credit for the past decade. The people who wisely lived within their means and saved money for a rainy day are having their savings destroyed if they keep them in dollars. Savings accounts are paying less than 1%, true inflation is over 5%, and taxes take another cut. The purported 'healing powers' of inflation are phony, but because people are susceptible to any 'quick fix' snake oil offered, people can't see the consequences of inflating the money supply...they read Page 1, "MORE MONEY!", and then they stop. "Yay! I'm saved!".
Sure you are. It's like drawing an extra zero on your ten dollar bill and telling yourself you just made ninety dollars.
Sure you are. It's like drawing an extra zero on your ten dollar bill and telling yourself you just made ninety dollars.
A or B or Both?
"There's a limit to how long we can live off past wealth generated by our ancestors and foreign borrowing against our remaining assets."
That's a good way of putting it. Unfortunately, we're trapped. To escape the march of death we're on, we would have to begin paying off the principal of our debt. Not only can we not make any headway against the principal, we can't even keep up with the *interest payments* on the principal out of what we generate ourselves. We have to take on new debt just to keep up with the interest. This is like starting a new credit card to pay the interest payments on your other credit cards.
We're trapped. To break out of the prison described in your quote, we would have to smash through one ( or possibly both ) of the walls.
A- Stop handing over native assets to our creditors.
B- Stop finding new creditors to supply the funds we need to service our existing creditors.
If we don't default on our paper, the paper will bury us.No other way out of this boa constrictor of debt.
Tuesday, December 15, 2009
Interlocked
The corporations are interlocked at the next level above. There is a government, but it is top down vertical integration in its purest form. All power flows from the peak of the pyramid, through the corporations and then through the visible governments. It's certainly important to emphasize that corporations have overpowered the visible governments, but no one should ever forget that there is another government above the corporate level. The world IS governed, very strictly.
Obviously, it's a hugely naive mistake to believe that corporations answer to the visible governments or to believe in the relevance of the major political parties, but it is also a huge mistake to believe that world events are the product of a corporate free-for-all. The corporations move the visible governments but the hidden ruling bodies move the corporations.
Obviously, it's a hugely naive mistake to believe that corporations answer to the visible governments or to believe in the relevance of the major political parties, but it is also a huge mistake to believe that world events are the product of a corporate free-for-all. The corporations move the visible governments but the hidden ruling bodies move the corporations.
The Phony Panic Of 2008
We would not be seeing a 'real' depression if the banks didn't extort those trilions- this is demonstrated by the fact that the banks hoarded the money or poured it back into the speculative markets, and the depression didn't follow. The real economy hit a ledge all on its own. The TARP didn't provide a parachute at all.
We will be seeing a real depression for one primary reason- the bankers installed an unconstitutional fiat money system, and they always implode when the debt can no longer be serviced. No rescue of the banks makes sense, because the banks and their corrupt monetary system are the tumors themselves. Bailing them out is like bailing out cancer.
In the near term, the revitalized monster of Wall Street is prepping right now to shear off the top off their phony pump and dump markets again and give the poor defenseless propagandized cattle another push off the ledge and down the hillside. And then they'll have the gall to extort another ransom payment.
The idea that Wall Street is a domino that takes out the whole economy if it falls is a myth. Of course Wall Street tells you that they're indispensable to the general economy- they want you to rush to their rescue when they indulge in excessive gambling and fraud and burn their greasy fingers on their own smoldering waste products- but the reality is that Wall Street consumes more out of the economy than it provides. Think 'tape worm'
We will be seeing a real depression for one primary reason- the bankers installed an unconstitutional fiat money system, and they always implode when the debt can no longer be serviced. No rescue of the banks makes sense, because the banks and their corrupt monetary system are the tumors themselves. Bailing them out is like bailing out cancer.
In the near term, the revitalized monster of Wall Street is prepping right now to shear off the top off their phony pump and dump markets again and give the poor defenseless propagandized cattle another push off the ledge and down the hillside. And then they'll have the gall to extort another ransom payment.
The idea that Wall Street is a domino that takes out the whole economy if it falls is a myth. Of course Wall Street tells you that they're indispensable to the general economy- they want you to rush to their rescue when they indulge in excessive gambling and fraud and burn their greasy fingers on their own smoldering waste products- but the reality is that Wall Street consumes more out of the economy than it provides. Think 'tape worm'
Keynes Was A Globalist And Probably A Communist
Keynesian economics doesn't work. The government doesn't earn anything, so it can only spend borrowed money. Or money seized through taxes.
Have you ever met anyone you considered successful who only spent money he borrowed from someone else?? That person isn't contributing anything meaningful into the economy.
If the private sector scales back spending, it's for a very good reason: demand is saturated. It's foolish to try and defy the law of supply and demand by pumping a bunch of government debt into the economy.
Keynes was a globalist. His ideas are as discredited as globalization.
Have you ever met anyone you considered successful who only spent money he borrowed from someone else?? That person isn't contributing anything meaningful into the economy.
If the private sector scales back spending, it's for a very good reason: demand is saturated. It's foolish to try and defy the law of supply and demand by pumping a bunch of government debt into the economy.
Keynes was a globalist. His ideas are as discredited as globalization.
Instant Debt Consolidation
You cannot pay down a debt that is increasing because of compound interest with taxes. There is no ceiling on compound interest charges. They are in effect infinite. The reservoir of tax revenue is finite.
Taxes can never be raised enough to keep up with the compound interest generated by a fiat money supply. You will choke off all incentive to earn if you even try it.
You cannot cancel out compound interest charges by reducing current spending. The interest is compounding on old spending that is on the books forever.
You must end the Fed and exile or imprison all the owners of the Fed.
Then you default on all debts charged to the American citizens by our unconstitutional central bank.
Then you promise war on any creditor that seeks to take American assets or soil in return for some phony paper crap issued by the illegal, parasitical, predatory central bank.
Once you do all that, you de-globalize America and vow to never repeat the mistakes made during the century we were enslaved by money changers.
Taxes can never be raised enough to keep up with the compound interest generated by a fiat money supply. You will choke off all incentive to earn if you even try it.
You cannot cancel out compound interest charges by reducing current spending. The interest is compounding on old spending that is on the books forever.
You must end the Fed and exile or imprison all the owners of the Fed.
Then you default on all debts charged to the American citizens by our unconstitutional central bank.
Then you promise war on any creditor that seeks to take American assets or soil in return for some phony paper crap issued by the illegal, parasitical, predatory central bank.
Once you do all that, you de-globalize America and vow to never repeat the mistakes made during the century we were enslaved by money changers.
Fiat
Stupidest system ever, the fiat and fractional reserve system. Stupidest and most criminal. The introduction of new money ( backed by debt and nothing else ) continually wipes out the value of the money that preceded it, and penalizes those who save and rewards those who live on debt. Production of any product is supposed to generate wealth. Production of fiat money does the opposite.
Adding zeros does not increase value. When a house that once cost $20,000 now costs $200,000, that's not a sign of a healthy economy, that's a sign of a failing currency.
Every mechanism of a fiat monetary system benefits freeloaders, usurers, and those who are the most reckless with money- those who produce in this economy are used as collateral to arrange loans for those who waste.
Adding zeros does not increase value. When a house that once cost $20,000 now costs $200,000, that's not a sign of a healthy economy, that's a sign of a failing currency.
Every mechanism of a fiat monetary system benefits freeloaders, usurers, and those who are the most reckless with money- those who produce in this economy are used as collateral to arrange loans for those who waste.
The Bureaucratic System Is Un-Democratic
Globalism is the antithesis of free market capitalism, they're oil and water. Globalists build order out of chaos- 'order' being a euphemism for 'a completely managed global state'.
Disasters like the toxic securities are thoroughly planned financial terrorism- in the ensuing chaos, the ruling class capitalizes on the demands for order that arise in the aftermath of these completely unsurprising 'surprise' events, by offering its business partner, Big Government, as the only solution. And so the cycle continues.
Ludwig Von Mises
Disasters like the toxic securities are thoroughly planned financial terrorism- in the ensuing chaos, the ruling class capitalizes on the demands for order that arise in the aftermath of these completely unsurprising 'surprise' events, by offering its business partner, Big Government, as the only solution. And so the cycle continues.
"There cannot be any doubt that this bureaucratic system is essentially anti-liberal, undemocratic, and un‑American, that it is contrary to the spirit and to the letter of the Constitution, and that it is a replica of the totalitarian methods of Stalin and Hitler. It is imbued with a fanatical hostility to free enterprise and private property. It paralyzes the conduct of business and lowers the productivity of labor. By heedless spending it squanders the nation’s wealth. It is inefficient and wasteful. Although it styles what it does planning, it has no definite plans and aims. It lacks unity and uniformity; the various bureaus and agencies work at cross‑purposes. The outcome is a disintegration of the whole social apparatus of production and distribution. Poverty and distress are bound to follow."
Ludwig Von Mises
Liberals In Fantasy World Continue To Insist That Clinton 'Got America Out Of Debt'
No, Bill Clinton did not 'get America out of debt'.
Fiscal Year Ending National Debt
FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion
FY1995 09/29/1995 $4.973982 trillion
FY1996 09/30/1996 $5.224810 trillion
FY1997 09/30/1997 $5.413146 trillion
FY1998 09/30/1998 $5.526193 trillion
FY1999 09/30/1999 $5.656270 trillion
FY2000 09/29/2000 $5.674178 trillion
FY2001 09/28/2001 $5.807463 trillion
There are two major components to the federal debt- the public debt and the intergovernmental debt. Clinton reduced the public debt and increased the intergovernmental debt. When combined together, the total debt grew 1993-2001.
Fiscal Year Ending National Debt
FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion
FY1995 09/29/1995 $4.973982 trillion
FY1996 09/30/1996 $5.224810 trillion
FY1997 09/30/1997 $5.413146 trillion
FY1998 09/30/1998 $5.526193 trillion
FY1999 09/30/1999 $5.656270 trillion
FY2000 09/29/2000 $5.674178 trillion
FY2001 09/28/2001 $5.807463 trillion
There are two major components to the federal debt- the public debt and the intergovernmental debt. Clinton reduced the public debt and increased the intergovernmental debt. When combined together, the total debt grew 1993-2001.
Let The Skies Open Up
I hope the gangsters who own the Fed do try and take revenge for the potential audit and sabotage the economy. That will be more proof of what traitors they are. Let this be the beginning of the end for their unconstitutional deathlock on our monetary system. About time that this country woke up to the real distribution of power in America. We can build a new honest money system from the ground up in about a month.
Two huge immediate benefits from a dead Federal Reserve Note:
It will end our reliance on imports, and it will retire us as the world's military police force.
The biggest threat we face from an end to the Fed is this: they may try and harness the US to an even more secretive and predatory global bank.
Two huge immediate benefits from a dead Federal Reserve Note:
It will end our reliance on imports, and it will retire us as the world's military police force.
The biggest threat we face from an end to the Fed is this: they may try and harness the US to an even more secretive and predatory global bank.
Monday, December 14, 2009
Cold > Flu? No.
The biggest lie of 2008 was the lie that 'If Wall Street catches a cold, the general economy catches the flu'. Not true. The domino effect is hugely exaggerated. The private banks produce nothing. They sell debt. The whole process is adding digits to computer entries. They're not supplying a crop, or timber, or energy, or even something like software code. They expand the money supply with loans. That's all. In the event of a collapse of every private lender, the treasury could take over the task of adding new money into the system.
Sure, the casino would crash, but even that wouldn't topple over the general economy. In fact, that would be the first step towards ending the emphasis on speculative profits that distorts the media's coverage of business in America. The DOW and NASDAQ are not the real economy. They're measurements of a layer of gambling that rides on top of the general economy. This distorted picture of the real economy has infected the general public and led many of them to repeated shearings inside a series of designed bubbles.
Sure, the casino would crash, but even that wouldn't topple over the general economy. In fact, that would be the first step towards ending the emphasis on speculative profits that distorts the media's coverage of business in America. The DOW and NASDAQ are not the real economy. They're measurements of a layer of gambling that rides on top of the general economy. This distorted picture of the real economy has infected the general public and led many of them to repeated shearings inside a series of designed bubbles.
Sunday, December 13, 2009
Virus and Cannibals
The commercial banks and mortgage hustlers collaborated to infect the financial system with a virus, and then the investment banks and hedge funds gambled on the success of the virus to extract interest from the initial prey ( the homeowners who were unqualified credit risks ) for a period of time before the hosts keeled over. The inevitable happened to the subprime market and eventually spread to better grade mortgages, dragging down the government backstops of Fannie and Freddie with them. ( Obviously, everyone involved knew that this would be a con game with a predictable life span- the appetite for credit default swaps proves that. )
Then, when the fraud was exposed, it all boomeranged back against the share prices of the top tier banks ( the 'too big to fails' ). The cannibalistic system turned against itself, and the shorts swarmed all over the financial sector stocks, causing them to sink fast, and forcing huge banks to be merged into even bigger banks.These bigger banks panicked because now the waste paper was on their books, so they ran to the government for 'profit protection' insurance, in the form of an emergency bailout. This bailout ( handout ) was sold to the people as 'market stabilization', but it actually did nothing to rescue the foreclosed or to free up lending- instead, shares in the crooked banks were purchased, to keep the shareholders from suffering.
This whole bailout has been an exercise in insulating the super-wealthy owners of the banks and the wealthy speculators on banking stocks from exposure to the losses generated by what was essentially widespread securities fraud.
Then, when the fraud was exposed, it all boomeranged back against the share prices of the top tier banks ( the 'too big to fails' ). The cannibalistic system turned against itself, and the shorts swarmed all over the financial sector stocks, causing them to sink fast, and forcing huge banks to be merged into even bigger banks.These bigger banks panicked because now the waste paper was on their books, so they ran to the government for 'profit protection' insurance, in the form of an emergency bailout. This bailout ( handout ) was sold to the people as 'market stabilization', but it actually did nothing to rescue the foreclosed or to free up lending- instead, shares in the crooked banks were purchased, to keep the shareholders from suffering.
This whole bailout has been an exercise in insulating the super-wealthy owners of the banks and the wealthy speculators on banking stocks from exposure to the losses generated by what was essentially widespread securities fraud.
Republic
The framers saw a republic as the strongest barricade *against* a democracy. Modern politicians from both parties have deliberately removed the word 'republic' from their vocabulary because they want Americans to forget that they ever had a republic.
Market Manipulations
"Making these trades transparent would tell all of Wall Street exactly what security the Fed is buying."
The idea that a Fed audit would make these market manipulations an open book throughout the year in real time is ridiculous. A Fed audit would be an annual event. It would not mean that the Fed's daily chicanery would be conducted in full view of any interested party.
Besides, a select group of primary dealers already knows what securities the Fed is buying- they're the ones assigned with the task of executing the market manipulations. The Fed farms all this out to various brokers and hedge funds. The Fed's hand is evident in the futures markets every day. There's no real mysterious voodoo to how they rig the markets, or any mystery about who they rig them for. It's a bonanza of insider trading info and endless opportunities to front run the market for the privileged kingpins. This is why private control over monetary policy is the Holy Grail for the banking cartel- you get to make the market your servant. If you are making the market, you reduce your risk exposure dramatically.
The Fed has relentlessly debased the currency , presided over a roller coaster of bubbles and crashes, and enabled politicians to bury us in red ink funding wars all around the globe. How anyone could think that the Fed has earned the right to continue on with business as usual amazes me.
The Fed Puts Global Interests Above National Interests
The Fed is constantly making moves for the benefit of the *global* economy, which may or may not be the best moves for the sovereign economy of the United States ( which hardly is sovereign any more, thanks in large part to the Fed ).
The existing audit is not an audit at all. The Fed holds all the cards. It would be like if an individual faced an IRS audit and escaped any questions about sources of income or distribution of write-offs and expenses. The Fed delivers a 'black box' financial report just like the 'black box' financial reports that enabled Enron to hide what they were up to for years.
The existing audit is not an audit at all. The Fed holds all the cards. It would be like if an individual faced an IRS audit and escaped any questions about sources of income or distribution of write-offs and expenses. The Fed delivers a 'black box' financial report just like the 'black box' financial reports that enabled Enron to hide what they were up to for years.
Nothing Amiss?
“"The audit will find nothing amiss."
Why doesn't Ben Bernanke have the same relaxed attitude about HR1207 as you do?
The only thing that will cause economic uncertainty will be retaliatory action by the Fed's owners. Because the Fed's owners are equivalent to a gang of hijackers, they are likely to harm their hostages if their sanctuary is stormed. They already proved that they will terrorize the public to get what they want. In September 2008, the Plunge Protection Team turned into the Plunge Creation Team and drilled big holes in the markets when the first vote on TARP denied their bailout of corporate welfare.
Principles Of Sound Money
The principles of sound money are the same in any era, so I don't buy the argument that the founders' warnings about private banks and fiat money do not still resonate today . The lines between good money and bad money and good banking and bad banking are the same in 2009 or in 1789.
Money is a representation of other wealth that is compact, difficult to counterfeit, and enduring enough to serve as a medium of exchange. A unit of money is a stand in for an hour of labor or a gallon of gas or a loaf of bread, the interface that allows producer and consumer and laborer to all conduct commerce using a mutually-agreed upon form of money.
An honest money supply looks identical in 2009 or 1789 or 1089. The problem is that the Fed is not managing an honest modern money supply.
The Fed has transplanted a completely fiat monetary supply which is debt-backed. Honest money is supposed to be backed by a commodity that holds value and has a supply that is limited by human labor or production.
Debt frequently loses value ( sometimes totally ), and the debt load can be increased endlessly until a complete bankruptcy occurs.Debt-backed money is completely unhinged from the restraints of honest money.
The only thing gluing the money supply together is trust ( and fear of abandoning the FRN ). 'trust' and 'fear' are not commodities, they're states of mind.
Money is a representation of other wealth that is compact, difficult to counterfeit, and enduring enough to serve as a medium of exchange. A unit of money is a stand in for an hour of labor or a gallon of gas or a loaf of bread, the interface that allows producer and consumer and laborer to all conduct commerce using a mutually-agreed upon form of money.
An honest money supply looks identical in 2009 or 1789 or 1089. The problem is that the Fed is not managing an honest modern money supply.
The Fed has transplanted a completely fiat monetary supply which is debt-backed. Honest money is supposed to be backed by a commodity that holds value and has a supply that is limited by human labor or production.
Debt frequently loses value ( sometimes totally ), and the debt load can be increased endlessly until a complete bankruptcy occurs.Debt-backed money is completely unhinged from the restraints of honest money.
The only thing gluing the money supply together is trust ( and fear of abandoning the FRN ). 'trust' and 'fear' are not commodities, they're states of mind.
Thursday, December 10, 2009
Borrow More To Grow?
It still comes back to this: if our GDP genuinely was growing, our borrowing wouldn't be. Our borrowing is growing. More borrowing will aggravate that trend. I've never heard of an alcoholic saying that he needs to increase his drinking to get off the booze, but that seems to the advice given here: 'Borrow more, so we can grow faster!' Doesn't compute for me.
Origins Of The Internet
The origins of the internet happen to be in government because it was spawned by the military-industrial complex and the university research community, but the commercial internet that we all use did not need government to create it. The commercial internet evolved the same as other communications industries like telephone and television and radio: once the internet was opened for public use, consumer demand generated private investment in products and services for the internet.
The government did not 'create' the commercial internet sector any more than the government created the automobile industry by building the highway system. If the government had tried to create both the highway system and the auto industry, we would certainly have had a worse auto industry. The auto industry blossomed into one of the greatest engines of employment ever in this country because it was not centrally managed from Washington.
The government did not 'create' the commercial internet sector any more than the government created the automobile industry by building the highway system. If the government had tried to create both the highway system and the auto industry, we would certainly have had a worse auto industry. The auto industry blossomed into one of the greatest engines of employment ever in this country because it was not centrally managed from Washington.
Globalization's Failure for America
The only countries that need global trade are the countries that lack resources of their own- they sell themselves as cheap labor because they need to import much of what they use. Those countries needed to go begging for investment.
Before globalization, the US had both resources *and* a well-paid labor force. Thanks to globalization, the US imports more of what it already had the capacity to make for itself and has less of what every country needs: a well-paid labor force.
Great job, America. Really great.
Before globalization, the US had both resources *and* a well-paid labor force. Thanks to globalization, the US imports more of what it already had the capacity to make for itself and has less of what every country needs: a well-paid labor force.
Great job, America. Really great.
Reckless Overspending
tangoparisienne: "how do you propose we stimulate the economy without spending?"
The problems we have with the economy come from reckless overspending. Overspending with borrowed money put us in this hole. We foolishly thought we could replace wealth earned through internal production with wealth borrowed from the speculative/casino economy, and then we spent ourselves silly on imported goods. That's not real money, it's paper bubble money, and it's not real prosperity, it's debt peonage.
We need to immediately take control of the monetary system away from the illegal Federal Reserve, end our overseas military presence, dedicate our defense spending to the defense of the 50 states, period, and then slap giant tariffs on every import until we end trade deficits and make what we consume. This will dry up fictional capital and redistribute wealth back into the hands of the people willing to earn an honest living.
Globalization is a scam. We need to unwind it all and disconnect ourselves from all institutions that facilitated the transfer of America's productive capacity overseas.
Better Idea: Stop Debt Payments
Borosage: "Pay off the public debt now and drive the economy into a deeper recession"
Why pay it off? America's constitution specifically prohibits the management of the monetary system by a privately-owned banking cartel. I fail to see why we should make another interest payment on a bond, note or bill auctioned by the corporation that hijacked our monetary system in 1913. How did the US finish on the victorious side of two world wars in the twentieth century and end up owing 12 trillion dollars?? I thought that victors got the spoils of war.
Obviously, the monetary system has been run in a manner contrary to the best interests of US citizens. The 97 year reign of the federal reserve has hung a dozen trillion in debt around our necks. The problem of collecting on that debt belongs to the corporation that created it, not to the American people.
The Federal Reserve has presided over a completely unlawful robbery of the American people to fund globalist wars. Time to cut that anchor loose.
We should default on the debt and re-establish a constitutional monetary system. Clearly, the debt is worth more to our creditors than their paper is worth to us. The time is ripe to ignore that debt, not service it.
Two Kinds Of Money- Neither Is Free
Robert Borosage: "borrowing money and spending it, puts money into the economy, it doesn't take it out."
It certainly does take money out of the economy. Where do the payments on the compounding interest come from, but from the economy? Just because they are amortized does not mean that the payments don't exist- immediately.
There are two kinds of money. The first kind is earned, the second is borrowed. The government spends taxes and borrowed money, which is the more expensive of the two.
Wednesday, December 9, 2009
Government Is Not An Investor, Part 2
The origins of the internet happen to be in government because it was spawned by the military-industrial complex and the university research community, but the commercial internet that we all use did not need government to create it. The commercial internet evolved the same as other communications industries like telephone and television and radio: once the internet was opened for public use, consumer demand generated private investment in products and services for the internet.
The government did not 'create' the private sector internet sector any more than the government created the automobile industry by building the highway system. If the government had tried to create both the highway system and the auto industry, we would certainly have had a worse auto industry. The auto industry blossomed into one of the greatest engines of employment ever in this country because it was not centrally managed from Washington.
The government did not 'create' the private sector internet sector any more than the government created the automobile industry by building the highway system. If the government had tried to create both the highway system and the auto industry, we would certainly have had a worse auto industry. The auto industry blossomed into one of the greatest engines of employment ever in this country because it was not centrally managed from Washington.
Government Is Not An Investor
A centralized government is never better at recognizing profitable investments than the private sector. Government is not an investor. Investment is defined as 'taking money that you EARNED and then using that money to create more money'. Government does not earn money. Government can only redistribute money that it takes from citizens.
Government cannot amplify the power of wealth in an economy by taking it from one citizen and giving it to another, because government must support the costs of its own existence. Wealth shrinks in the hands of government. Government intervention slows down the real economy and misallocates funds because a central government can never anticipate the needs of an economy better than the people who are living in that economy can.
Government cannot amplify the power of wealth in an economy by taking it from one citizen and giving it to another, because government must support the costs of its own existence. Wealth shrinks in the hands of government. Government intervention slows down the real economy and misallocates funds because a central government can never anticipate the needs of an economy better than the people who are living in that economy can.
The Myth Of Government As Private Sector Job Creator
The myth of the government as 'job creator' is nonsense. Government can only consume wealth, not create it, and government should only consume the wealth necessary to fund services that the private sector has no incentive to perform, nothing more.
If governments could create wealth, they wouldn't need taxes. Governments need taxes because governments are a net drain on the economy. After all, what does government have to contribute to the economy, other than *money that was already in the hands of the people to begin with*??
Government cannot take taxes from the people and then return that money into the economy in a more potent state. Think about it. If you had a corn farm and your neighbor was hungry for corn, would you hire a government worker to take a bushel of your corn to Washington in taxes and then bring the corn back to your neighbor? Of course not. That would be a completely inefficient way to create the relationships between corn farmer/farm worker/corn consumer. You would hire your neighbor to help pick your corn to feed his family. How does government contribute anything to that relationship but waste?
The only way government has ever helped private sector job creation is by tax cuts and tax rebates. This was proven by the immediate surges in market energy produced by 'cash for clunkers' and the homeowner tax credit. When people are keeping more of their money, they put more of their money into the economy.
There are only three roles for a human being in an economy. We all occupy two of the roles, and some of us occupy three of the roles. Those roles are:
Employer
Employee
Consumer
Most of us serve as both consumer and employee, a smaller number serve as employer and consumer. Unless the government is serving as the employer for work that can only be organized by the government ( military, police, infrastructure, etc. ), government has no role in the economy. Government jobs are a socialist sector of the economy that exist alongside the market economy. You don't strengthen a market economy by giving government a greater role, because government can only act in a socialist manner.
If there is a genuine need for employees in the market, the market will put them to work. If there is a product that is genuinely worth buying, the consumers will buy it. In all sectors of the economy other than the sector covering work that is traditionally and exclusively organized by the government, government intervention is a hindrance, not a help. There is never a need for a government to broker work between employer and employee in the private sector. If the need for workers and the need for work are genuine, the arrangements between worker and employer will form naturally. No government intervention is required.
If governments could create wealth, they wouldn't need taxes. Governments need taxes because governments are a net drain on the economy. After all, what does government have to contribute to the economy, other than *money that was already in the hands of the people to begin with*??
Government cannot take taxes from the people and then return that money into the economy in a more potent state. Think about it. If you had a corn farm and your neighbor was hungry for corn, would you hire a government worker to take a bushel of your corn to Washington in taxes and then bring the corn back to your neighbor? Of course not. That would be a completely inefficient way to create the relationships between corn farmer/farm worker/corn consumer. You would hire your neighbor to help pick your corn to feed his family. How does government contribute anything to that relationship but waste?
The only way government has ever helped private sector job creation is by tax cuts and tax rebates. This was proven by the immediate surges in market energy produced by 'cash for clunkers' and the homeowner tax credit. When people are keeping more of their money, they put more of their money into the economy.
There are only three roles for a human being in an economy. We all occupy two of the roles, and some of us occupy three of the roles. Those roles are:
Employer
Employee
Consumer
Most of us serve as both consumer and employee, a smaller number serve as employer and consumer. Unless the government is serving as the employer for work that can only be organized by the government ( military, police, infrastructure, etc. ), government has no role in the economy. Government jobs are a socialist sector of the economy that exist alongside the market economy. You don't strengthen a market economy by giving government a greater role, because government can only act in a socialist manner.
If there is a genuine need for employees in the market, the market will put them to work. If there is a product that is genuinely worth buying, the consumers will buy it. In all sectors of the economy other than the sector covering work that is traditionally and exclusively organized by the government, government intervention is a hindrance, not a help. There is never a need for a government to broker work between employer and employee in the private sector. If the need for workers and the need for work are genuine, the arrangements between worker and employer will form naturally. No government intervention is required.
Tuesday, December 8, 2009
No Such Thing As A 'Climate Denier'
There is no such thing as a climate change denier. Everyone knows that the climate changes. The debate is over how much is under our control.
There are many Americans who oppose expensive and bloody wars against an enemy that is not geographically based, because it is an exaggerated response to an exaggerated threat. Do you call such people 'terrorism deniers', just because they think that occupying Iraq for twenty years doesn't solve anything?
A 'War on CO2' is as misguided as a War on Terror, for the exact same reason. It's an exaggerated response against an exaggerated threat. ( But, like the War on Terror, the war on CO2 can keep a lot of well-connected people and corporations lots and lots of money. )
There are many Americans who oppose expensive and bloody wars against an enemy that is not geographically based, because it is an exaggerated response to an exaggerated threat. Do you call such people 'terrorism deniers', just because they think that occupying Iraq for twenty years doesn't solve anything?
A 'War on CO2' is as misguided as a War on Terror, for the exact same reason. It's an exaggerated response against an exaggerated threat. ( But, like the War on Terror, the war on CO2 can keep a lot of well-connected people and corporations lots and lots of money. )
Medieval
Johann Hari: "Every single year since 1917 has been hotter than 1917. Every single year since 1956 has been hotter than 1956. Every single year since 1992 has been hotter than 1992. "
During the first century of the Medieval Warm Period, someone could have written this: "Every single year since 1000 has been hotter than 1000. Every single year since 1056 has been hotter than 1056. Every single year since 1092 has been hotter than 1092."
The Earth warmed for about two centuries, until around 1200. Then a decline began, and around 1350, the Little Ice Age started.
I wonder if people guessed correctly in the 11th century that the Sun was causing that warming trend?
'New Ice Age' Fearmongering From The 1970's
'New Ice Age' fearmongering was everywhere in the 1970's. It proved to be as fantastical as their sea level predictions from the 1990's.
Phony Leftist Environmentalists Silent About Environmental Damage Caused By Globalization That They Promoted
If the Left was serious about cutting carbon emissions, they would be supporting immediate emergency protectionist measures for the US economy that sharply cut how many imported goods we buy from the other side of the globe. Transporting goods from Chinese factories to US stores is completely environmentally reckless. This won't happen, because the environmental ramifications of global 'free' trade are shielded from criticism by the corporate media, and the phony Left only repeats back what the corporate media pumps into them.
Interlocked
The latest recession had nothing to with unfettered capitalism- it was produced by an alliance of crony capitalists who operate an interlocked network of cartels and trusts under the protection of a dominant central government. A con game enabled by a government that ran interference for the con artists.
That's what everyone seems to miss. There was no 'absence of government'. Government has been purchased, fortified, and used to enforce markets in favor of an elite club of insiders.
Now this same network of crony capitalists has vastly exaggerated the threat of greenhouse gases ( nearly all of which are produced by sources other than human industry ) in order to impose even greater centralized ( globalized ) command over world commerce.
That's what everyone seems to miss. There was no 'absence of government'. Government has been purchased, fortified, and used to enforce markets in favor of an elite club of insiders.
Now this same network of crony capitalists has vastly exaggerated the threat of greenhouse gases ( nearly all of which are produced by sources other than human industry ) in order to impose even greater centralized ( globalized ) command over world commerce.
Friday, December 4, 2009
The Sweat Did Not Warm The Horse
The AGW disciples have it all backwards. if you take a thoroughbred horse and run it full out for a mile and a quarter, the horse's body temperature will rise, and sweat will shine on his torso. The AGW disciples would look at the horse's sweat and say, "Ah hah! I have detected sweat on this warm horse. This has convinced me that the sweat has caused this horse's body temperature to rise!"
The horse's sweat is an aftereffect of his exertion. Increased CO2 in the atmosphere is an aftereffect of a warmed earth, not the engine of earth warmth. It is expelled in greater quantities from the oceans after the sun warms the oceans. The next biggest contributors of CO2 are volcanoes. Man's contribution is minor. Remove man from the equation, CO2 still rises and falls due to other greater forces. Remove CO2 from the equation, and earth temps still rise and fall due to other greater forces.
The horse's sweat is an aftereffect of his exertion. Increased CO2 in the atmosphere is an aftereffect of a warmed earth, not the engine of earth warmth. It is expelled in greater quantities from the oceans after the sun warms the oceans. The next biggest contributors of CO2 are volcanoes. Man's contribution is minor. Remove man from the equation, CO2 still rises and falls due to other greater forces. Remove CO2 from the equation, and earth temps still rise and fall due to other greater forces.
Row Your Earth
The statement that 'Climate change is fueled by human activity' does not equal this statement, 'the course of climate change can be reversed or substantially redirected by human action'.
A human can row a paddle off the side of a 60 foot sailboat and state that, technically, he is 'fueling the boat's movements', but that doesn't mean that he has made an appreciable difference to the propulsion provided by the sails.
A human can row a paddle off the side of a 60 foot sailboat and state that, technically, he is 'fueling the boat's movements', but that doesn't mean that he has made an appreciable difference to the propulsion provided by the sails.
Bernie Sanders On Bernanke
Sanders: "The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few. "http://www.huffingtonpost.com/rep-bernie-sanders/where-was-the-fed_b_380239.htmlI really do wish the American people had cast that vote, but they didn't. After Congress caved in and voted through TARP after the first vote failed ( despite the public polls showing opposition to TARP at 10-1 against ), the American people should have marched to the polls in November and voted out every single incumbent who voted for TARP. Americans failed to do that. Did the American people vote against the candidate for President with the most Wall Street funding? No. They chose Obama.
Until Americans actually learn to use the power of the ballot box for someone outside the two-party system, they're not going to see much change in national priorities.
Extreme Is The New Mainstream?
Responding to his column: http://www.huffingtonpost.com/brian-levin-jd/sarahs-dance-with-conspir_b_379831.html
It is impossible for extremism to also be mainstream. How can unpopular ( extreme ) views also be popular ( mainstream ) views?
Conspiracy theories flourish when people suspect that the media have abandoned their responsibility to thoroughly investigate the halls of power. I can almost guarantee that shrieking 'You're an EXTREMIST!' at anyone who holds skeptical views about some officially-sanctioned history is probably not how the dominant media are going to win back the trust of the masses, not after their gross failures to uncover both the fraudulent intelligence that put us in Iraq and the organized looting of the housing bubble before it imploded.
Message to the dominant media: do your jobs better, and the conspiracy theories will lose favor. Demonizing the public for asking questions about things that smell funny will only reinforce the suspicion that the media has traded in its sword for a rubber stamp.
No one has said that government 'always lies'. That would be an extremist view, and it's not my view.
Whenever people start dividing skeptics up into 'healthy' and 'unhealthy', they're headed right down the same path with those who think that free speech can be divided up into 'healthy' and 'unhealthy'. Except for very specific examples ( fire in a theater ), free speech and skepticism share equal boundaries, and that would be 'none'. Any attempts to grade free speech or skepticism are efforts to restrict free speech and skepticism. There can be no objective arbitration of either. All who would attempt to ration skepticism have self-serving motives- most especially anyone carrying the weight of the government or the dominant media.
The public square cannot be cleansed of offensive speech or misguided skepticism by anything other than a police state and organized media censorship. If Americans are so feeble of mind that we require any portion of a police state or a censoring media to rescue us from the thoughts of a Sarah Palin, then we have really lost sight of the big picture.
Sarah Palin is scary?? Really? She's about one one thousandth as scary as a country where people are reluctant to speak their minds for fear of being called 'extremists' or 'unhealthy'.
"extreme is the new mainstream"
It is impossible for extremism to also be mainstream. How can unpopular ( extreme ) views also be popular ( mainstream ) views?
Conspiracy theories flourish when people suspect that the media have abandoned their responsibility to thoroughly investigate the halls of power. I can almost guarantee that shrieking 'You're an EXTREMIST!' at anyone who holds skeptical views about some officially-sanctioned history is probably not how the dominant media are going to win back the trust of the masses, not after their gross failures to uncover both the fraudulent intelligence that put us in Iraq and the organized looting of the housing bubble before it imploded.
Message to the dominant media: do your jobs better, and the conspiracy theories will lose favor. Demonizing the public for asking questions about things that smell funny will only reinforce the suspicion that the media has traded in its sword for a rubber stamp.
quoting comment from J G H:
Their is healthy skepticism which asks questions, but will accept good answers. There is also unhealthy skepticism which assumes that since the government has lied in specific instances in the past, that it always lies. These unhealthy skeptics then turn around and place unwavering faith in non-government sources which have their own flaws. The government does not always lie, and opponents to the government are often wrong, indeed often lie because they want to become the government.
No one has said that government 'always lies'. That would be an extremist view, and it's not my view.
Whenever people start dividing skeptics up into 'healthy' and 'unhealthy', they're headed right down the same path with those who think that free speech can be divided up into 'healthy' and 'unhealthy'. Except for very specific examples ( fire in a theater ), free speech and skepticism share equal boundaries, and that would be 'none'. Any attempts to grade free speech or skepticism are efforts to restrict free speech and skepticism. There can be no objective arbitration of either. All who would attempt to ration skepticism have self-serving motives- most especially anyone carrying the weight of the government or the dominant media.
The public square cannot be cleansed of offensive speech or misguided skepticism by anything other than a police state and organized media censorship. If Americans are so feeble of mind that we require any portion of a police state or a censoring media to rescue us from the thoughts of a Sarah Palin, then we have really lost sight of the big picture.
Sarah Palin is scary?? Really? She's about one one thousandth as scary as a country where people are reluctant to speak their minds for fear of being called 'extremists' or 'unhealthy'.
Thursday, December 3, 2009
Goldman Is Arming
Wait, according to what I read in the MSM, I thought that only crazy survivalists bought handguns, in preparation for economic meltdown and a breakdown of law and order??
What is GS trying to tell us?
What is GS trying to tell us?
Carbon Offsets
It's a stroke of genius by the oil companies to get involved in the market for carbon offsets. Not only do they get to continue to sell their product, they get to punish consumers with a tax for buying it- then they take the proceeds from the tax and use it to subsidize the expansion of their own alternative energy companies.
Shell, BP and Rockefellers are big players in the carbon credit exchanges.
Shell, BP and Rockefellers are big players in the carbon credit exchanges.
Price Support
A significant part of the price support on global stock markets is laundered profits from the illegal drug trade. They're a great source of liquidity for the banks, also.
How Can You Declare Victory When The War Is Not A Real War?
Suppose this surge results in something that the administration calls 'victory' in Afghanistan- do you really think this will cause the US to declare victory in the 'War on Terror'? Highly unlikely. The War on Terror is the perfect war for defense contractors, because it has no definable end. They will continue to justify expense and death on the terror rationale for as long as our creditors keep buying our debt.
Drug Money
This is another reason why the dollar continues to hold the support it does- besides being the world's petro dollar, it is also the currency of choice when it comes to international organized crime and the drug cartels. Which of course intertwine with the international terrorist networks, state-sponsored and otherwise.
Linguistic Violence
'linguistic violence' is a good term for it. Using the term 'conspiracy theorist' as a pejorative is an attempt to shut down discussion, and it's pretty ridiculous, considering that in the last 10 years, we've observed elaborate conspiracies to concoct a rationale for war out of invented intelligence and to overrate and distribute corroding bundles of failing mortgages to unsuspecting investors.
Shock and Awe
Every effort to 'finish off' terrorism by unleashing shock and awe on a specific locale waters the tree of terrorism, which can sprout from any soil anywhere.
America Without A Middle Class
Trickle down economics and globalization are not the same thing. They really have very little to do with each other. We opened our borders and allowed capital that should have been working inside this country to flee and hunt for workers in cheaper labor markets. Subconsciously, most of us probably knew that stagnant wages could only be masked by the price breaks we got on cheap imports for so long, but we signed off on the concept of 'borrow from overseas to buy what they make'. We sold ourselves on the promise of a free lunch. There is no free lunch.
Globalization is the bigger villain. This country could have survived lower tax rates on the wealthy if their excess wasn't allowed to pursue so much investment overseas, or allowed to inflate so many speculative bubbles.
I hate to say this, but we went from a nation of people who built things to a nation of people who traded IOU's for the products of others. They worked, we partied.
Wall Street isn't the backbone of a real economy people, sorry. It does not redistribute wealth broadly, it concentrates it into a pyramidal caste system.
Globalization is the bigger villain. This country could have survived lower tax rates on the wealthy if their excess wasn't allowed to pursue so much investment overseas, or allowed to inflate so many speculative bubbles.
I hate to say this, but we went from a nation of people who built things to a nation of people who traded IOU's for the products of others. They worked, we partied.
Wall Street isn't the backbone of a real economy people, sorry. It does not redistribute wealth broadly, it concentrates it into a pyramidal caste system.
Sovereign Debt Crisis
Reply to an excellent column here:
http://www.huffingtonpost.com/edward-harrison/on-the-sovereign-debt-cri_b_376642.html
a huffpo comment:
The writer seems to have little understanding of how the modern monetary system works. We have a fiat currency system with non-convertible currency. The debt is a reflection of the deficit only in the sense that deficit spending increases bank holdings and the government "borrows" those holdings, or more accurately clears excess reserves to reduce interbank competition and maintain the feds chosen interest rate. The government never "borrows" anything to pay for deficits (nor does it impose taxes to pay for deficits, another repeated fallacy). That's impossible when government owns the currency, which is non-convertible. This is why the debt grows AFTER deficit spending (i.e. the govt. isn't out there trying to drum up business before it spends). The govt. monetary system isn't analogous to you borrowing money and getting a mortgage. When "debt" or more accurately the Interest Rate Management Account becomes due, the government merely credits the account of the bond holder. It does not "print money" to service the debt. In reality, debt is not the issue when the government is managing its economy, its employment and inflation. Stimulus serves to drive down unemployment and taxation serves to stifle demand and lower inflation.
In the current situation of high levels of unemployment along with deflation, worrying about debt, which is of little concern to citizen's economic health, is criminal. I hope Mr. Harrison takes time to understand how the modern monetary system work before posting more pieces that misplace reader's concerns about the economy.
I found the column to be very accurate and your complaints based on inaccuracies.
"The government never "borrows" anything to pay for deficits "
The government does indeed borrow from future income to cover the current shortfall between taxes and expenses. That's what the auctioned Treasuries represent- constant borrowing to pay for budget gaps. Budget gaps are deficits
"government owns the currency, which is non-convertible"
The US government does not own the currency- the government grants the license to the private Federal Reserve that allows the Fed to call the federal reserve notes ( a debt instrument ) 'legal tender'.
"worrying about debt, which is of little concern to citizen's economic health, is criminal."
Sorry, but debt is debt, and it's just as dangerous for the government to ignore an accumulating debt as it is for an individual to do so. Just because adding debt does not produce corresponding, highly visible, and immediate changes in the appearance of the economy does not mean that it is not generating forces that are accelerating as the debt compounds.
http://www.huffingtonpost.com/edward-harrison/on-the-sovereign-debt-cri_b_376642.html
a huffpo comment:
The writer seems to have little understanding of how the modern monetary system works. We have a fiat currency system with non-convertible currency. The debt is a reflection of the deficit only in the sense that deficit spending increases bank holdings and the government "borrows" those holdings, or more accurately clears excess reserves to reduce interbank competition and maintain the feds chosen interest rate. The government never "borrows" anything to pay for deficits (nor does it impose taxes to pay for deficits, another repeated fallacy). That's impossible when government owns the currency, which is non-convertible. This is why the debt grows AFTER deficit spending (i.e. the govt. isn't out there trying to drum up business before it spends). The govt. monetary system isn't analogous to you borrowing money and getting a mortgage. When "debt" or more accurately the Interest Rate Management Account becomes due, the government merely credits the account of the bond holder. It does not "print money" to service the debt. In reality, debt is not the issue when the government is managing its economy, its employment and inflation. Stimulus serves to drive down unemployment and taxation serves to stifle demand and lower inflation.
In the current situation of high levels of unemployment along with deflation, worrying about debt, which is of little concern to citizen's economic health, is criminal. I hope Mr. Harrison takes time to understand how the modern monetary system work before posting more pieces that misplace reader's concerns about the economy.
I found the column to be very accurate and your complaints based on inaccuracies.
"The government never "borrows" anything to pay for deficits "
The government does indeed borrow from future income to cover the current shortfall between taxes and expenses. That's what the auctioned Treasuries represent- constant borrowing to pay for budget gaps. Budget gaps are deficits
"government owns the currency, which is non-convertible"
The US government does not own the currency- the government grants the license to the private Federal Reserve that allows the Fed to call the federal reserve notes ( a debt instrument ) 'legal tender'.
"worrying about debt, which is of little concern to citizen's economic health, is criminal."
Sorry, but debt is debt, and it's just as dangerous for the government to ignore an accumulating debt as it is for an individual to do so. Just because adding debt does not produce corresponding, highly visible, and immediate changes in the appearance of the economy does not mean that it is not generating forces that are accelerating as the debt compounds.
Wednesday, December 2, 2009
ClimateGate's Phil Jones Resigns
I still intend to fight the dangerous pollutant known as carbon dioxide until my dying breath. If I defeat CO2, I'll succeed in ending all life on the planet, but like any good earth religion cultist, that's my ultimate dream.
:)
:)
Monday, November 30, 2009
Al Gore Opens Blanket Factory, 2011
Great new ( 10/09 )study from Russia's Dr. Habibullo Abdussamatov - head of space research laboratory of the Pulkovo Observatory:
http://www.gao.spb.ru/english/astrometr/abduss_nkj_2009.pdf
Quoting: "Over the past decade, global temperature on the Earth has not increased; global warming has ceased, and already there are signs of the future deep temperature drop. [...] It follows that warming had a natural origin, the contribution of CO2 to it was insignificant, anthropogenic increase in the concentration of carbon dioxide does not serve as an explanation for it, and in the foreseeable future CO2 will not be able to cause catastrophic warming. The so-called greenhouse effect will not avert the onset of the next deep temperature drop, the 19th in the last 7500 years, which without fail follows after natural warming."
Regular as clockwork, guided by the Sun.
Maybe Al can make his next ten million doing honest labor- like weaving blankets for us all.
http://www.gao.spb.ru/english/astrometr/abduss_nkj_2009.pdf
Quoting: "Over the past decade, global temperature on the Earth has not increased; global warming has ceased, and already there are signs of the future deep temperature drop. [...] It follows that warming had a natural origin, the contribution of CO2 to it was insignificant, anthropogenic increase in the concentration of carbon dioxide does not serve as an explanation for it, and in the foreseeable future CO2 will not be able to cause catastrophic warming. The so-called greenhouse effect will not avert the onset of the next deep temperature drop, the 19th in the last 7500 years, which without fail follows after natural warming."
Regular as clockwork, guided by the Sun.
Maybe Al can make his next ten million doing honest labor- like weaving blankets for us all.
Sunday, November 29, 2009
No Climate Change Skepticism Here
Who are the climate change skeptics? I haven't read a single person here claim that the climate has not varied throughout the long lifespan of the Earth. I think we are all firmly convinced that the climate does in fact change.
The difference is:
Some of us believe that forces external to Earth have been changing the Earth's climate for millions of years. Science tells us this.
And others believe that CO2 has caused unprecedented climate change.
If I'm skeptical of anything, I'm skeptical that unilaterally clamping down on US carbon emissions so they can re-emerge from factories and cars in other countries that ignore carbon limits will do anything for the future of America but make that future shorter and more miserable.
The difference is:
Some of us believe that forces external to Earth have been changing the Earth's climate for millions of years. Science tells us this.
And others believe that CO2 has caused unprecedented climate change.
If I'm skeptical of anything, I'm skeptical that unilaterally clamping down on US carbon emissions so they can re-emerge from factories and cars in other countries that ignore carbon limits will do anything for the future of America but make that future shorter and more miserable.
MSM Will Not Treat Debt Crisis Seriously
Tens of thousands of comments each week in regards to health care. 165 comments on the deficit.
Possible explanations for the debt never taking center stage:
1- Hard to spin it into a left/right issue. Both parties have failed equally when it comes to taking the serious measures necessary to pull out of the debt spiral. If the media can't make an issue fit into the 'left vs.right' Punch and Judy cartoon, the media generally drops the ball.
2- The media hasn't figured out yet how to distort concern over Obama's deficit spending into a 'racist vendetta against Obama', like they do with skepticism about his health care reform.
3- The media can't easily make human interest stories out of the debt crisis. Too bad the debt isn't rocketing towards us from outer space, like a huge meteor. If people could see pictures, they might wake up.
4- It's math. Americans don't do math. Half of Americans have no clue how many zeros are in a trillion.
and the big reason why the debt will be the sleeping giant of news stories until the dollar explodes...
5- To make Americans focus on the debt, they'd have to be educated about how the monetary system works and educated about who runs that system for their own profit- and that will never happen.
Possible explanations for the debt never taking center stage:
1- Hard to spin it into a left/right issue. Both parties have failed equally when it comes to taking the serious measures necessary to pull out of the debt spiral. If the media can't make an issue fit into the 'left vs.right' Punch and Judy cartoon, the media generally drops the ball.
2- The media hasn't figured out yet how to distort concern over Obama's deficit spending into a 'racist vendetta against Obama', like they do with skepticism about his health care reform.
3- The media can't easily make human interest stories out of the debt crisis. Too bad the debt isn't rocketing towards us from outer space, like a huge meteor. If people could see pictures, they might wake up.
4- It's math. Americans don't do math. Half of Americans have no clue how many zeros are in a trillion.
and the big reason why the debt will be the sleeping giant of news stories until the dollar explodes...
5- To make Americans focus on the debt, they'd have to be educated about how the monetary system works and educated about who runs that system for their own profit- and that will never happen.
Pilings Continue To Rot
The portion of the US workforce employed in manufacturing has fallen to 9%. It was 39% in 1939. That was before the big WWII manufacturing boom.
So the pilings continue to rot.
Middle class will continue to shrink.
See this chart to look at the robbery of the American financial backbone, manufacturing:
http://4.bp.blogspot.com/_otfwl2zc6Qc/So3S7XtDAII/AAAAAAAALCA/ndwHHvtfGQQ/s400/mfg.jpg
So the pilings continue to rot.
Middle class will continue to shrink.
See this chart to look at the robbery of the American financial backbone, manufacturing:
http://4.bp.blogspot.com/_otfwl2zc6Qc/So3S7XtDAII/AAAAAAAALCA/ndwHHvtfGQQ/s400/mfg.jpg
Rescuing The Extremities
Compare the economy to a human body.
When a human body experiences trauma, the body reacts by pulling vital blood away from the extremities to feed vital organs.
This so-called 'recovery' has pulled blood away from vital organs to rescue the extremities.
They're not charting a recovery. They're fogging the windshield with propaganda and happy talk so you can't see where they're taking you.
When a human body experiences trauma, the body reacts by pulling vital blood away from the extremities to feed vital organs.
This so-called 'recovery' has pulled blood away from vital organs to rescue the extremities.
They're not charting a recovery. They're fogging the windshield with propaganda and happy talk so you can't see where they're taking you.
The Dominant Sun
There is no 'international scientific consensus' . That's a myth, and the alarmists aren't going to make it a reality no matter how loudly they proclaim it. The hysteria over CO2 is waning as more and more independent scientists dig into the data.
Professor Richard Lindzen of MIT’s peer reviewed work states “we now know that the effect of CO2 on temperature is small, we know why it is small, and we know that it is having very little effect on the climate.”
http://scienceandpublicpolicy.org/images/stories/papers/originals/co2_report_july_09.pdf
Lindzen:
"The global surface temperature record, which we update and publish
every month, has shown no statistically-significant “global warming”
for almost 15 years. Statistically-significant global cooling has now
persisted for very nearly eight years. Even a strong el Nino – expected
in the coming months – will be unlikely to reverse the cooling trend.
More significantly, the ARGO bathythermographs deployed
throughout the world’s oceans since 2003 show that the top 400
fathoms of the oceans, where it is agreed between all parties that at
least 80% of all heat caused by manmade “global warming” must
accumulate, have been cooling over the past six years. That now prolonged
ocean cooling is fatal to the “official” theory that “global
warming” will happen on anything other than a minute scale. "
The dominant force in control of the Earth's climate is the Sun.
Professor Richard Lindzen of MIT’s peer reviewed work states “we now know that the effect of CO2 on temperature is small, we know why it is small, and we know that it is having very little effect on the climate.”
http://scienceandpublicpolicy.org/images/stories/papers/originals/co2_report_july_09.pdf
Lindzen:
"The global surface temperature record, which we update and publish
every month, has shown no statistically-significant “global warming”
for almost 15 years. Statistically-significant global cooling has now
persisted for very nearly eight years. Even a strong el Nino – expected
in the coming months – will be unlikely to reverse the cooling trend.
More significantly, the ARGO bathythermographs deployed
throughout the world’s oceans since 2003 show that the top 400
fathoms of the oceans, where it is agreed between all parties that at
least 80% of all heat caused by manmade “global warming” must
accumulate, have been cooling over the past six years. That now prolonged
ocean cooling is fatal to the “official” theory that “global
warming” will happen on anything other than a minute scale. "
The dominant force in control of the Earth's climate is the Sun.
Centralized
The central purpose of each controlled major party is to make the other controlled major party appear to be the most dangerous choice. Each major party exists to fearmonger over the other, which ends up driving voters into the center, where they rubber stamp the agenda set out by the establishment.
Ant Farm
One and only one organization benefits when people are given only two false choices, and that organization is the Ruling Class that gives the marching orders to both factions.
This article describes:
the fake liberal faction of the Corporate/Wall Street/War Party, represented by Obama currently
and
the fake conservative faction of the Corporate/Wall Street/War Party, represented by FOX news.
Two masks inside one false paradigm of restricted and false choices. Manufactured consent behind predetermined synthesis solutions.
There ARE two parties in America. They can be represented as:
1- Those that refuse to see Big Government for what it is: the enforcement arm of globalist capitalism, the bouncer hired by the club's owners and paid by the gullible public
and
2- Those who recognize that Big Government and Big Business merged into a single control apparatus about nine decades ago.
The Obama Party and the FOX party are two groups of brainwashed voters competing to be the favorite son of Wall Street, and they're both prisoners inside the first party listed above. It's like a prison riot. Two cell blocks of prisoners who can't see that they will always take orders from above, no matter who wins.
They must like life in the ant farm of the financial elite.
This article describes:
the fake liberal faction of the Corporate/Wall Street/War Party, represented by Obama currently
and
the fake conservative faction of the Corporate/Wall Street/War Party, represented by FOX news.
Two masks inside one false paradigm of restricted and false choices. Manufactured consent behind predetermined synthesis solutions.
There ARE two parties in America. They can be represented as:
1- Those that refuse to see Big Government for what it is: the enforcement arm of globalist capitalism, the bouncer hired by the club's owners and paid by the gullible public
and
2- Those who recognize that Big Government and Big Business merged into a single control apparatus about nine decades ago.
The Obama Party and the FOX party are two groups of brainwashed voters competing to be the favorite son of Wall Street, and they're both prisoners inside the first party listed above. It's like a prison riot. Two cell blocks of prisoners who can't see that they will always take orders from above, no matter who wins.
They must like life in the ant farm of the financial elite.
New Weak Paper Hides Old Weak Paper
This phony 'recovery' ( which will be short-lived ) is built on lies and on sand. The money spent so far has been used to fortify the companies draining the economy, not on companies that want to rebuild America's manufacturing capacity.
There is no such thing as a "jobless recovery." There just isn't.
When the financial giants grow rich while the people starve, that is called "looting."
America is going through an asset confiscation phase. Money will be spent inside the US, but it will be spent to purchase assets at depressed prices from distressed sellers. There's more profit in that than in putting Americans back to work.
There is no such thing as a "jobless recovery." There just isn't.
When the financial giants grow rich while the people starve, that is called "looting."
America is going through an asset confiscation phase. Money will be spent inside the US, but it will be spent to purchase assets at depressed prices from distressed sellers. There's more profit in that than in putting Americans back to work.
Strategy Of The Rulers
The establishment used to have the playing field all to themselves when there was only the mainstream media, but now that they are confronted with an internet that allows the truth to escape their filters, they have reacted by flooding the internet with disinfo. The ruling class can't weed out all the truth on the internet, so they grow a forest of propaganda around it and hope that the shade cast makes the truth difficult to locate.
There is still far more truth to be found in new media than in old, but money still makes the rules, and every strategy that Bernays came up with to control the masses through information management can be modified to work on the Web just as well as it worked in print and on television and radio
There is still far more truth to be found in new media than in old, but money still makes the rules, and every strategy that Bernays came up with to control the masses through information management can be modified to work on the Web just as well as it worked in print and on television and radio
Government Will Eat Us All
Clinton hid government growth by farming it out to private contractors and he hid the size of the total debt by restructuring the composition of the bonds supporting it . While it's true that Clinton's spending was quickly surpassed by Bush, the fact is, government spending did increase under Clinton, as you can see in this chart:
http://www.dallasfed.org/research/eclett/2007/images/0704c2.gif
When you factor in the IOU's in Social Security, veteran's benefits, medicare and pension funds, the picture is even worse.
There is so much compound interest wound around the total debt at this point that even shredding current expenditures to the bone would not decrease total debt service. You can see that in this chart:
http://static.seekingalpha.com/uploads/2009/6/11/saupload_slide11.jpg
We are trapped in a spiral of debt.
http://www.dallasfed.org/research/eclett/2007/images/0704c2.gif
When you factor in the IOU's in Social Security, veteran's benefits, medicare and pension funds, the picture is even worse.
There is so much compound interest wound around the total debt at this point that even shredding current expenditures to the bone would not decrease total debt service. You can see that in this chart:
http://static.seekingalpha.com/uploads/2009/6/11/saupload_slide11.jpg
We are trapped in a spiral of debt.
Vampires
I've been looking for politicians who want to shrink the US military empire ( that exists to support the economic rampage of globalization ) for thirty years- neither party has delivered them to the front of the pack.
I've been looking for politicians who want to end the tyranny of the illegal Federal Reserve, the other vampire of US productivity. Neither bought and paid for major party has delivered them to the front of the pack.
If you're an Obama Democrat, look inside your own failed party and tell me what Pelosi and Obama and Reid are doing to cut the military and stop private ownership of the central bank
I've been looking for politicians who want to end the tyranny of the illegal Federal Reserve, the other vampire of US productivity. Neither bought and paid for major party has delivered them to the front of the pack.
If you're an Obama Democrat, look inside your own failed party and tell me what Pelosi and Obama and Reid are doing to cut the military and stop private ownership of the central bank
Hyperbole
“"No one is saying that we GOVERN it!!"
Really? What does the phrase 'man-made global warming' mean to you? My interpretation is this: It implies, strongly, that a warmer planet is the product of man. It's a highly misleading phrase that severely exaggerates man's role.
If you read the phrase 'man-made fire', you would interpret that to mean that an arsonist had lit a fire where no fire existed before, right? Well, the phrase 'man-made global warming' misleadingly implies that man, all on his own, made the planet warm! The phrase 'man-made global warming' does indeed imply that man governs his climate.
If the AGW alarmists were honest, they would tell people that the planet has always warmed and cooled, and will continue to do so, no matter what policies are implemented. But they won't do that. They strongly suggest that they can 'cure' the planet of warming with their magic carbon tax wand.”
Really? What does the phrase 'man-made global warming' mean to you? My interpretation is this: It implies, strongly, that a warmer planet is the product of man. It's a highly misleading phrase that severely exaggerates man's role.
If you read the phrase 'man-made fire', you would interpret that to mean that an arsonist had lit a fire where no fire existed before, right? Well, the phrase 'man-made global warming' misleadingly implies that man, all on his own, made the planet warm! The phrase 'man-made global warming' does indeed imply that man governs his climate.
If the AGW alarmists were honest, they would tell people that the planet has always warmed and cooled, and will continue to do so, no matter what policies are implemented. But they won't do that. They strongly suggest that they can 'cure' the planet of warming with their magic carbon tax wand.”
Al Gore, Serial Killer Of American Middle Class
I wonder which jobs will arrive first: the jobs that Al Gore promised would be created by NAFTA, or the jobs that Al Gore promises will be created by cap and trade?
True History
NAFTA passed, Glass-Steagall broken, derivative bomb unleashed- all during Clinton's terms.
Democrats blocked oversight of Fannie Mae and Freddie Mac.
Democrats went along with Bush's wars.
Both parties endorsed Greenspan's cheap money policies.
There's the history of your credit bubble and the fraud and the leveraged assets wound around the fraud. Democratic fingerprints are all over it. Only people with zero understanding of how globalists and Wall Street control both parties would try to pin these economic conditions on one party or the other.
Democrats blocked oversight of Fannie Mae and Freddie Mac.
Democrats went along with Bush's wars.
Both parties endorsed Greenspan's cheap money policies.
There's the history of your credit bubble and the fraud and the leveraged assets wound around the fraud. Democratic fingerprints are all over it. Only people with zero understanding of how globalists and Wall Street control both parties would try to pin these economic conditions on one party or the other.
Saturday, November 28, 2009
Keep Flapping Your Arms
The Earth's climate does not run on 40 year cycles. The Earth's climate runs on cycles that take 1000's of years to swell and ebb. Your 'greenhouse gas' blip is like the extra top inch of a huge wave or at the bottom of a huge trough. Remove it, halve it, double it, triple it, quadruple it, doesn't matter. Means nothing to the big picture.
If you rode in a car that moved along for thousands of years at speeds between 98 and 102 miles per hour and then one day you and your fellow humans stuck your arms out the windows and flapped your arms and briefly made the car move at 102.2 miles per hour, would you predict that in ten years you'd be able to make the car go 200 miles per hour, simply by continuing to all flap your arms?
That's what you AGW alarmists are doing. You're claiming that because a century of carbon emissions altered a solar-driven weather cycle by some minuscule degree ( if we can even trust any of the data ), that means that if we don't change our behavior, it will have temperature ramifications 100X as profound.
Not going to happen. CO2 is like the humans all flapping their arms out the windows of the car. They'll add a tiny tiny additional amount of propulsion/warming, and then that's it. There's a ceiling.
If you rode in a car that moved along for thousands of years at speeds between 98 and 102 miles per hour and then one day you and your fellow humans stuck your arms out the windows and flapped your arms and briefly made the car move at 102.2 miles per hour, would you predict that in ten years you'd be able to make the car go 200 miles per hour, simply by continuing to all flap your arms?
That's what you AGW alarmists are doing. You're claiming that because a century of carbon emissions altered a solar-driven weather cycle by some minuscule degree ( if we can even trust any of the data ), that means that if we don't change our behavior, it will have temperature ramifications 100X as profound.
Not going to happen. CO2 is like the humans all flapping their arms out the windows of the car. They'll add a tiny tiny additional amount of propulsion/warming, and then that's it. There's a ceiling.
Molehill On The Mona Lisa
The Earth's climate doesn't run on 40 year cycles. Such cycles run like a layer on top of other massively powerful and lengthy solar-driven cycles. Sometimes the brief cycles merge with the long cycles, sometimes there is a slight divergence. But the short man-made cycles can never overpower the long solar cycles and re-direct them. In the long view, Earth's climate history is a long series of huge mountains and deep valleys spanning millions of years. This cycle will continue. You're looking at a molehill on the side of Mt. Everest.
The panic over this 40-year molehill requires one to develop extreme tunnel vision concentrated exclusively on a tiny sliver of time. Picture time as a huge canvas. If you poke a pin hole in the Mona Lisa and then look only at the pin hole through a magnifying glass, of course it's going to look like extreme damage. But if you look at the Mona Lisa from across the room, you won't even see the pin hole.
Anyone can make a scary hockey stick. All you have to do is look at only a tiny slice of time, and then make your whole graph cover a degree or two of celsius from top to bottom. Instant hockey stick.
The panic over this 40-year molehill requires one to develop extreme tunnel vision concentrated exclusively on a tiny sliver of time. Picture time as a huge canvas. If you poke a pin hole in the Mona Lisa and then look only at the pin hole through a magnifying glass, of course it's going to look like extreme damage. But if you look at the Mona Lisa from across the room, you won't even see the pin hole.
Anyone can make a scary hockey stick. All you have to do is look at only a tiny slice of time, and then make your whole graph cover a degree or two of celsius from top to bottom. Instant hockey stick.
Big Oil Never Met A Carbon Tax It Didn't Like
Big Oil, Big Banking, and Big Military are basically three brothers from the same family. The military supplies the weaponry to guard the oil and overthrow governments that won't play ball with the oil cartel, and the banking cartel supplies the funding for the whole imperialist agenda in return for endless interest on the debt created.
Big Government does absolutely nothing that is not in the best interests of oil, military, and banking, and that includes promoting environmentalism. Rest assured, the agenda to shut down US industry is as corporate-approved as you can get. This is state-of-the-art corporate globalism masquerading as environmentalism.
Beginning in the 1970's, American industry was purposely sabotaged so the jobs could be shipped to cheaper labor markets and America could be made dependent on cheap imports. The phony 'global warming crisis' is simply a cover story used to convince Americans to accept even more forced austerity measures. Phony free trade agreements were used to export US production- now the carbon tax prevents America from ever building it back.
Big Government does absolutely nothing that is not in the best interests of oil, military, and banking, and that includes promoting environmentalism. Rest assured, the agenda to shut down US industry is as corporate-approved as you can get. This is state-of-the-art corporate globalism masquerading as environmentalism.
Beginning in the 1970's, American industry was purposely sabotaged so the jobs could be shipped to cheaper labor markets and America could be made dependent on cheap imports. The phony 'global warming crisis' is simply a cover story used to convince Americans to accept even more forced austerity measures. Phony free trade agreements were used to export US production- now the carbon tax prevents America from ever building it back.
Thursday, November 26, 2009
Corporations Fund Pro-Carbon Tax Media
You insist that the corporate world is funding skeptics of man-made global warming. The corporate world supplies the advertising dollars to mainstream media. If you think that the corporate world is trying to block the carbon tax, then please explain why the corporate-funded mainstream media is biting the hands that feed them by downplaying the climategate story?
Kill All Humans And The Earth Still Warms. Surprised?
The sun does much more to move the thermometer than man does. I have never said that the sun was responsible for 100% of temperature change.
Ending all fossil fuel use would not reverse a solar-driven warming cycle, and you could multiply fossil fuel use by 10 times and not reverse a solar-driven cooling cycle. In both case, man is a passenger on earth at the mercy of the sun's power.
Ending all fossil fuel use would not reverse a solar-driven warming cycle, and you could multiply fossil fuel use by 10 times and not reverse a solar-driven cooling cycle. In both case, man is a passenger on earth at the mercy of the sun's power.
Data Gets Twisted When Money Is At Stake
I wonder if the people who believe that it's impossible for the weather data to have been manipulated are the same people who were ignoring the manipulated securitized mortgage bundle data during the bubble?
Many people knew that Wall Street was cooking the numbers and hiding bad data back in 2005-2006, but the mainstream media worked to hide the fraud. Just like today- the data supporting the CO2 crisis is crumbling, but the mainstream media is trying to keep people under the spell of the carbon tax hustlers.
Many people knew that Wall Street was cooking the numbers and hiding bad data back in 2005-2006, but the mainstream media worked to hide the fraud. Just like today- the data supporting the CO2 crisis is crumbling, but the mainstream media is trying to keep people under the spell of the carbon tax hustlers.
The Sun Is Hot. Surprised?
I didn't say that the sun is the primary cause of CO2 levels. I said that the sun is the dominant controller of earth temperature. You're the one arguing that we will have Warmageddon if CO2 levels aren't changed. I'm arguing that temperatures will continue to experience normal swings that follow the long term solar cycles, and these temperature swings will occur if man is wiped off the earth or if man triples his fossil fuel use.
Settled Science?
There is no such thing as 'settled' science. All science is always open for re-examination and potential revision. For example:
Science re-examines the effects of various pharmaceuticals- occasionally, new dangers are recognized.
Science re-examines the safety of genetically-modified foods- occasionally, new dangers are recognized.
Science re-examines the safety of vaccines- occasionally, new dangers are recognized.
The list is endless. Everything we think we know today about astronomy, physics, chemistry, biology, genetics, diseases, viruses, etc. etc. etc is going to be different in 100 years and different again in 1000 years. Science is an evolving, growing enterprise.
Claiming that the science of climate change is 'settled' in 2009 is like a doctor in 1900 claiming that no further advances can be made in the study of cancer. Obviously, no competent doctor would have made that statement about cancer in 1900, because any competent doctor would know that the investigation never ends. The investigation of temperature cycles and their causes has not ended in 2009, either. The doors of the laboratory are never locked.
Einstein had a good quote that applies here: "The only thing more dangerous than ignorance is arrogance." It's not a good idea to be convinced that you have solved all the mysteries of climate change. Many remain.
Science re-examines the effects of various pharmaceuticals- occasionally, new dangers are recognized.
Science re-examines the safety of genetically-modified foods- occasionally, new dangers are recognized.
Science re-examines the safety of vaccines- occasionally, new dangers are recognized.
The list is endless. Everything we think we know today about astronomy, physics, chemistry, biology, genetics, diseases, viruses, etc. etc. etc is going to be different in 100 years and different again in 1000 years. Science is an evolving, growing enterprise.
Claiming that the science of climate change is 'settled' in 2009 is like a doctor in 1900 claiming that no further advances can be made in the study of cancer. Obviously, no competent doctor would have made that statement about cancer in 1900, because any competent doctor would know that the investigation never ends. The investigation of temperature cycles and their causes has not ended in 2009, either. The doors of the laboratory are never locked.
Einstein had a good quote that applies here: "The only thing more dangerous than ignorance is arrogance." It's not a good idea to be convinced that you have solved all the mysteries of climate change. Many remain.
Nothing To Prove
"global warming is proven in 2009"
The existence of earth temperature trends has always been known, so there was nothing to prove. These trends are *effects* that result from a confluence of many many variables, some external to earth, some produced on earth. The reason why the globalists have mistakenly targeted CO2 as the cause of these well-known effects is because the globalists have not figured out a way to tax sunlight yet.
Our ancestors have experienced both warming and cooling, and so will our descendents. During both warming and cooling periods, no one will be able to prove that greenhouse gases deserve the majority of blame for the warming or cooling. Greenhouse gases have been a minor contributor to all past warming and cooling cycles, and they will be a minor contributor to all future warming and cooling cycles.
The existence of earth temperature trends has always been known, so there was nothing to prove. These trends are *effects* that result from a confluence of many many variables, some external to earth, some produced on earth. The reason why the globalists have mistakenly targeted CO2 as the cause of these well-known effects is because the globalists have not figured out a way to tax sunlight yet.
Our ancestors have experienced both warming and cooling, and so will our descendents. During both warming and cooling periods, no one will be able to prove that greenhouse gases deserve the majority of blame for the warming or cooling. Greenhouse gases have been a minor contributor to all past warming and cooling cycles, and they will be a minor contributor to all future warming and cooling cycles.
Carbon Emissions
"Human carbon dioxide emissions are causing global warming"
Not all of it. Not even most of it. And their reduction will not be the cause of the next cooling cycle ( which might have already begun, depending on which data you're looking at )- especially since any fossil fuel emissions cut in the US will re-emerge in developing nations that are not party to the carbon tax.
Greenhouse gases have the same relation to earth's temperature trends as an extra pound of weight around the waist of Secretariat's jockey. That extra pound might have made the horse run a little slower- on a watch that counts in tenths of seconds. You CO2 alarmists think that the extra pound of weight is going to make Secretariat finish last or drop dead.
Why not stop telling these scary bedtime stories about impending doom from CO2 and instead, treat people like adults? Give them sound, honest reasons to cut pollution, like- 'It will make the air better to breathe'? What's wrong with that? Making wild predictions about Warmageddon from incomplete and possibly corrupted data is just crying wolf to push your agenda.
Not all of it. Not even most of it. And their reduction will not be the cause of the next cooling cycle ( which might have already begun, depending on which data you're looking at )- especially since any fossil fuel emissions cut in the US will re-emerge in developing nations that are not party to the carbon tax.
Greenhouse gases have the same relation to earth's temperature trends as an extra pound of weight around the waist of Secretariat's jockey. That extra pound might have made the horse run a little slower- on a watch that counts in tenths of seconds. You CO2 alarmists think that the extra pound of weight is going to make Secretariat finish last or drop dead.
Why not stop telling these scary bedtime stories about impending doom from CO2 and instead, treat people like adults? Give them sound, honest reasons to cut pollution, like- 'It will make the air better to breathe'? What's wrong with that? Making wild predictions about Warmageddon from incomplete and possibly corrupted data is just crying wolf to push your agenda.
Grape Volcano
It is very simple to prove that man-made CO2 does not deserve most of the blame ( or credit ) for whatever warming we have seen in this century- such warming trends have been equaled or surpassed by warming trends of the pre-industrial age. Therefore, it is logical to accept that the primary cause of all these warming trends, pre- and post-industrial, is a cause that existed during *all* these warming trends.
The sun was present for all recorded warming trends.
Man-made CO2 was only present for one warming trend ( this century's ).
If a volcano erupted twenty times in history but, before the twentieth eruption, someone planted grapes on the side of the volcano, would you insist that the grapes were the cause of the twentieth volcanic eruption?
That would make no sense. Obviously, the cause of the first nineteen eruptions is most likely to blame for the twentieth.
Similarly- if the earth has warmed in the same manner nineteen times in the past, would it make sense to argue that something which only appeared during the twentieth warming trend ( man-made CO2 ) was behind the most recent warming?
The sun was present for all recorded warming trends.
Man-made CO2 was only present for one warming trend ( this century's ).
If a volcano erupted twenty times in history but, before the twentieth eruption, someone planted grapes on the side of the volcano, would you insist that the grapes were the cause of the twentieth volcanic eruption?
That would make no sense. Obviously, the cause of the first nineteen eruptions is most likely to blame for the twentieth.
Similarly- if the earth has warmed in the same manner nineteen times in the past, would it make sense to argue that something which only appeared during the twentieth warming trend ( man-made CO2 ) was behind the most recent warming?
ClimateGate Whack-A-Mole
This is what happens when people begin with a conclusion- they find themselves playing whack-a-mole for the rest of their lives, smacking down facts that contradict their original conclusion.
Hot Stocks and Cooked Data
Both make money from pushing 'hot' things... Wall Street pumps up the 'hot stocks', so you buy in and push the price high- which is when the insiders sell off. The global warming gang pushes the 'hot death from CO2' theory, so you'll pay their carbon tax. Then they'll take the carbon tax proceeds and build factories overseas, which is where America will find the rest of its manufacturing jobs.
Bureau Of Engraving
the currency (Federal Reserve Notes ) is a product of the Fed, although the Bureau of Engraving and Printing creates what isn't introduced into the system digitally. The Treasury trades bills, notes and bonds for the currency, and the Fed auctions those off. The FRN's are secured by the Treasuries.
The Treasury issued United States Notes for many years ( simultaneous with the Federal Reserve notes, but in much smaller quantities ), but they no longer do.
Federal Reserve Notes do not fit the true definition of money, by the way- they are bills of credit. They each represent a portion of a loan, because all Federal Reserve notes enter the system as new debt.
I wish I could explain why the Fed is necessary, but I can't. The founding fathers certainly never thought that any private banks should come between the people and their money supply
The Treasury issued United States Notes for many years ( simultaneous with the Federal Reserve notes, but in much smaller quantities ), but they no longer do.
Federal Reserve Notes do not fit the true definition of money, by the way- they are bills of credit. They each represent a portion of a loan, because all Federal Reserve notes enter the system as new debt.
I wish I could explain why the Fed is necessary, but I can't. The founding fathers certainly never thought that any private banks should come between the people and their money supply
Damning Admission
Phil Jones admitting that a cooling trend began back in 1998, from an e-mail in 2005 excerpted below:
From: Phil Jones
To: John Christy
Subject: This and that
Date: Tue Jul 5 15:51:55 2005
<>
The scientific community would come down on me in no
uncertain terms if I said the world had cooled from 1998. OK it has but it is only
7 years of data and it isn't statistically significant.
<>
http://www.eastangliaemails.com/emails.php?eid=544&filename=1120593115.txt
"OK it has "
Very damning.
From: Phil Jones
To: John Christy
Subject: This and that
Date: Tue Jul 5 15:51:55 2005
<>
The scientific community would come down on me in no
uncertain terms if I said the world had cooled from 1998. OK it has but it is only
7 years of data and it isn't statistically significant.
<>
http://www.eastangliaemails.com/emails.php?eid=544&filename=1120593115.txt
"OK it has "
Very damning.
Public Domain
"The domain eastangliaemails.com is registered anonymously"
As are several billion others. It's meaningless. Also, the exceptionally great and industrious concerned citizens who have provided that archive are undoubtedly not the hackers themselves, so they are not data thieves. They simply organized what was available on multiple torrent sites.
If they're 'data thieves' for archiving the e-mails on the web, then so is every other news organization and individual quoting from them, in print and on the web.
At this point, it's all in the public domain.
As are several billion others. It's meaningless. Also, the exceptionally great and industrious concerned citizens who have provided that archive are undoubtedly not the hackers themselves, so they are not data thieves. They simply organized what was available on multiple torrent sites.
If they're 'data thieves' for archiving the e-mails on the web, then so is every other news organization and individual quoting from them, in print and on the web.
At this point, it's all in the public domain.
Solarized
The warming and cooling trends are not uniform. That's how we know that they are tracking solar activity. If they were actually tracking carbon emissions, we would have never seen the leveling off we have seen in the past ten years.
Wednesday, November 25, 2009
Partners For Corporatism
The reason why WaPo and NYT appear close to the center is because the center is where all the controlled media are, including Fox. Underneath the veneer of 'left vs. right' that is used to sell the false left/right paradigm, they are all partners in advancing corporatism, as you point out. Once you look past all the left/right affectations, what you find in all mainstream media is:
Support for a huge central government
Support for globalization
Support for a dominant financial sector
They just sell what are allegedly 'different' methods of achieving the 'perfect' State, but all roads offered lead to the same destination: the end of the republic, replaced by a corporate oligarchy and Big Brother.
In truth, ALL controlled media support Barack Obama, even when it looks like they are not, because the manufactured divisions between the fake left and the fake right are what the elite use to give legitimacy to the fake process that installs the candidates they select as front men.
Support for a huge central government
Support for globalization
Support for a dominant financial sector
They just sell what are allegedly 'different' methods of achieving the 'perfect' State, but all roads offered lead to the same destination: the end of the republic, replaced by a corporate oligarchy and Big Brother.
In truth, ALL controlled media support Barack Obama, even when it looks like they are not, because the manufactured divisions between the fake left and the fake right are what the elite use to give legitimacy to the fake process that installs the candidates they select as front men.
Junior Party Of Globalism & Wall Street
The Left does not want to accept that the political roots of most of the people at these protests are not in the corporate Republican party. Their roots are in the OLD Democratic party- but that party abandoned them, and became the Junior Party of Globalism and Wall Street, partner in crime with the equally compromised modern Republican party.
These people are not taking a stance against the Left. If there still was a real Left in America, these people would be in it. They're taking a stance against being ignored by BOTH parties.
These people are not taking a stance against the Left. If there still was a real Left in America, these people would be in it. They're taking a stance against being ignored by BOTH parties.
Government Can Never Be Big Enough For A Sellout Liberal
The Left does not accept or use the phrase 'Big Government'. In the Newspeak Encyclopedia, there is only a listing for 'Better Government'. Any effort to grow government is always categorized as an effort to 'make government better'. By terminating language that refers to the size of government, they have made it impossible to speak with prejudice against any expansion of government.
Double Plus Good.
Double Plus Good.
PelosiCare A Small Business Killer
"Health care reform will enable, not prevent, small business owners to attain affordable health care for their own families and their employees."
Nope. This will collapse more small businesses than it will grow. That's the only reason for the giant financial interests that own both parties to manufacture this health care crisis- to create a Trojan Horse 'solution' that generates market realities that allow them to consolidate more control into their tightly-knit oligarchy.
The simplest and most effective way to infuse cash into health care would be to stop paying compound interest on our monetary supply to the private cartel that owns the unconstitutional Federal Reserve- but that's an impossibility, since the majority of the Left is scared into silence about this malignancy in control of the very source of our budget miseries.
The second most effective way to infuse cash into health care would be to rapidly shrink the US global military presence that enforces globalized new feudalism for the same cartel that owns the banking network- but again, the Left is scared away from prosecuting that theft and returning that money to the nation's health care system.
The central bank and the military-industrial complex are the burdens caving in America's budget. Throw them off, and keep America's GDP out of the hands of usurers and their war machine. There's your health care budget. Stop paying interest to use your own money, stop paying for staged wars that increase the demand for debt.
Nope. This will collapse more small businesses than it will grow. That's the only reason for the giant financial interests that own both parties to manufacture this health care crisis- to create a Trojan Horse 'solution' that generates market realities that allow them to consolidate more control into their tightly-knit oligarchy.
The simplest and most effective way to infuse cash into health care would be to stop paying compound interest on our monetary supply to the private cartel that owns the unconstitutional Federal Reserve- but that's an impossibility, since the majority of the Left is scared into silence about this malignancy in control of the very source of our budget miseries.
The second most effective way to infuse cash into health care would be to rapidly shrink the US global military presence that enforces globalized new feudalism for the same cartel that owns the banking network- but again, the Left is scared away from prosecuting that theft and returning that money to the nation's health care system.
The central bank and the military-industrial complex are the burdens caving in America's budget. Throw them off, and keep America's GDP out of the hands of usurers and their war machine. There's your health care budget. Stop paying interest to use your own money, stop paying for staged wars that increase the demand for debt.
Carbonation
If you look at the disease rates that you're blaming on 'pollution' ( carbon dioxide is not pollution, by the way- it's an essential building block of life on Earth that makes plants grow ), the biggest culprits behind these emerging and growing diseases are components of the food, water and vaccines that carry the government seal of approval.
Phony Liberals Play Race Card To Protect Corporate Health Care
"The middle of the country, where I reside for my sins in a past life, is full of vehement, armed people who ... hate having a black president."
Riiiighhhht.... all these complaints about Big Government taking over health care would *totally* dry up if Obama was 100% white instead of 50% white...
(rolling eyes)
Fact: Clinton, a white President, faced the same complaints about health care reform.
Any President would face this struggle. The non-robot portion of the public is still furious over their opposition to the Paulson/Bush/Obama bank bailout being ignored by Congress. This is not going to be an easy time for any elected official to sell another huge expansion of government power.
Riiiighhhht.... all these complaints about Big Government taking over health care would *totally* dry up if Obama was 100% white instead of 50% white...
(rolling eyes)
Fact: Clinton, a white President, faced the same complaints about health care reform.
Any President would face this struggle. The non-robot portion of the public is still furious over their opposition to the Paulson/Bush/Obama bank bailout being ignored by Congress. This is not going to be an easy time for any elected official to sell another huge expansion of government power.
PelosiCare
Why do the Obamanauts insist that everyone with a complaint about health care automatically belongs in their camp? They do not. There are competing health care proposals out there.
Secondly- where was Pelosi when Americans wanted the Democratic party in control of Congress to stop funding the wars and impeach Bush and Cheney for war crimes?
Looks like the speaker is very selective about when she hears what the people want...
Secondly- where was Pelosi when Americans wanted the Democratic party in control of Congress to stop funding the wars and impeach Bush and Cheney for war crimes?
Looks like the speaker is very selective about when she hears what the people want...
Sharks
Any government that has given the store away to the Wall Street cartel over the past two decades ( as this government has ) is going to be on very thin ice when offering ANY new policy on health care or anything else. Why should we think these servants of a globalist crime syndicate are delivering truly populist health care? The natural assumption of any thinking person is always going to be "Which 1% of the country is going to cash in on this?"
The fingerprints of the global financial elite have been on every major policy direction and every war for 80 years. The mask of the 'protective government' has melted off, and now, when people see 'Government', they see 'Sharks'. Many, many people now recognize who rules America and what ideology unites them. The 2008 bailout pulled the curtains back on the real Washington.
When people feel like Democratic power and Republican power are both proxies of the same predatory oligarchy, they choose the only thing left: a stance against new government power of any kind.
Can't blame them.
The fingerprints of the global financial elite have been on every major policy direction and every war for 80 years. The mask of the 'protective government' has melted off, and now, when people see 'Government', they see 'Sharks'. Many, many people now recognize who rules America and what ideology unites them. The 2008 bailout pulled the curtains back on the real Washington.
When people feel like Democratic power and Republican power are both proxies of the same predatory oligarchy, they choose the only thing left: a stance against new government power of any kind.
Can't blame them.
Globalization Explained In A Single Paragraph
My one paragraph history of globalization:
Americans pay compound interest on debt-backed money supply that uses their own labor as collateral, hijackers of monetary system use compound interest payments to export America's manufacturing capacity overseas.
Americans pay compound interest on debt-backed money supply that uses their own labor as collateral, hijackers of monetary system use compound interest payments to export America's manufacturing capacity overseas.
Data Gets Twisted
I wonder if the same people who believe that it's impossible for the weather data to have been manipulated are the same people who were ignoring the manipulated securitized mortgage bundle data during the bubble?
Many people knew that Wall Street was cooking the numbers and hiding bad data back in 2005-2006, but the mainstream media worked to hide the fraud. Just like today- the data supporting the CO2 crisis is crumbling, but the mainstream media is trying to keep people under the spell of the carbon tax hustlers.
Many people knew that Wall Street was cooking the numbers and hiding bad data back in 2005-2006, but the mainstream media worked to hide the fraud. Just like today- the data supporting the CO2 crisis is crumbling, but the mainstream media is trying to keep people under the spell of the carbon tax hustlers.
Fearmongering At Its Finest
"no one is saying that a reduction in pollution or a conversion to cleaner energy will create a static climate."
If you admit that ending pollution would not halt climate change, then please state which is the more powerful hand on the lever of earth temperatures- man's or the sun's?
If man disappeared or the sun disappeared, which event would cause more change to earth temperatures?
If you agree that the disappearance of the sun would have greater impact on earth temperatures, then please tell me how man can be honestly described as the controller of his climate?
The phrase 'man-made global warming' argues that global warming is produced by man, almost exclusively. That's nonsense. The phrase 'man-made global warming' represents fearmongering hyperbole at its finest.
If you admit that ending pollution would not halt climate change, then please state which is the more powerful hand on the lever of earth temperatures- man's or the sun's?
If man disappeared or the sun disappeared, which event would cause more change to earth temperatures?
If you agree that the disappearance of the sun would have greater impact on earth temperatures, then please tell me how man can be honestly described as the controller of his climate?
The phrase 'man-made global warming' argues that global warming is produced by man, almost exclusively. That's nonsense. The phrase 'man-made global warming' represents fearmongering hyperbole at its finest.
Mainstream Media Tries To Spin ClimateGate
"This could truly prove to be the biggest scandal in science in modern history and should be treated as such."
You're right, it ought to be- but does anyone think the mainstream media will follow through?
The proponents of the carbon tax insist that the oil industry is behind the CO2 skepticism. The mainstream media takes in billions in advertising from the petroleum industries and energy companies and car companies. If the climategate emails would be so helpful to so many mainstream media advertisers, then why isn't the mainstream media doing more to publicize this scandal?
The answer is: the corporate world is solidly behind the carbon tax program, because it will tax people to export their own manufacturing sector to cheaper labor markets, benefiting the multi-national corporations.
You're right, it ought to be- but does anyone think the mainstream media will follow through?
The proponents of the carbon tax insist that the oil industry is behind the CO2 skepticism. The mainstream media takes in billions in advertising from the petroleum industries and energy companies and car companies. If the climategate emails would be so helpful to so many mainstream media advertisers, then why isn't the mainstream media doing more to publicize this scandal?
The answer is: the corporate world is solidly behind the carbon tax program, because it will tax people to export their own manufacturing sector to cheaper labor markets, benefiting the multi-national corporations.
Carbon Scam
The oil industry is solidly behind the carbon tax, because they know they will be selling oil to countries that have not been purposely deindustrialized by globalist predators. Globally, their business will not suffer. The phony carbon scam is just a cover story used to convince those in the west that they were right to give all their industry away and sabotage their own standard of living.
Married To The Sun
Everyone knows that the sun has the power to make the daytime air warmer than the air in the middle of the evening. That's evidence of sun-driven temperature change on a single day. Any climate-changing powers demonstrated by the sun on a single day can be extrapolated over a year or a century or over a million years, and credited with having the same profound effects on a macro scale.
If the appearance of the sun in the sky can change the temperature by 30 degrees in a single day, then it is obvious that the relation of the sun to the earth's temperature is critical at all times. Any change in the earth's orbit or change in the sunspot cycles or change in the sun's magnetic field has consequences for the earth.The sun and the earth are married when it comes to the climate. The sun is married to all the other planets in our solar system as well, which is why solar-driven temperature trends can be measured on other planets, and they correlate with ours.
If the appearance of the sun in the sky can change the temperature by 30 degrees in a single day, then it is obvious that the relation of the sun to the earth's temperature is critical at all times. Any change in the earth's orbit or change in the sunspot cycles or change in the sun's magnetic field has consequences for the earth.The sun and the earth are married when it comes to the climate. The sun is married to all the other planets in our solar system as well, which is why solar-driven temperature trends can be measured on other planets, and they correlate with ours.
Prevailing Trends
How can you claim that man controls Earth temperature if you are unwilling to predict static earth temperatures if man is removed?
Whatever man does, it is either a minor addition to a prevailing solar-driven trend, or a minor reduction from a prevailing solar-driven trend.
Whatever man does, it is either a minor addition to a prevailing solar-driven trend, or a minor reduction from a prevailing solar-driven trend.
The Genocidal Man-Made Global Warming Agenda
If human life was wiped out on the earth, do you believe that the earth's temperature would level off and then remain constant into infinity?
I doubt that you do.
I bet you recognize that other factors would continue to produce temperature swings equal to those we have already measured. We know this because we have recorded temperature swings from a pre-industrial age that exceed any from the post-industrial age.
Man can reduce pollution, and that is what he should be trying to do. But to mislead people with claims that reductions in pollution will produce a static climate is phony science.
I doubt that you do.
I bet you recognize that other factors would continue to produce temperature swings equal to those we have already measured. We know this because we have recorded temperature swings from a pre-industrial age that exceed any from the post-industrial age.
Man can reduce pollution, and that is what he should be trying to do. But to mislead people with claims that reductions in pollution will produce a static climate is phony science.
Witch Trials Begin
It's only a matter of time before the witch trials begin, I guess. America 2012: Anyone who looks at the giant fire ball in the sky and thinks that it just might be a huge factor in earth temperature trends should be drowned, stoned to death, or hung in the public square. The punishment must be swift and severe.
( In fact, I think that we should retire the phrase 'solar system' also. Clearly, we don't live in a solar system. We've been wrong all along, so very very wrong....)
When did so many Americans lose their powers of hindsight? No one remembers Al Gore's last 'sure thing'- NAFTA and GATT?
( In fact, I think that we should retire the phrase 'solar system' also. Clearly, we don't live in a solar system. We've been wrong all along, so very very wrong....)
When did so many Americans lose their powers of hindsight? No one remembers Al Gore's last 'sure thing'- NAFTA and GATT?
Panic Reveals Who Is Skeptical About Their Own Theories
Dissent among scientists is proof that science is healthy, not proof against science. A compulsion to claim consensus where none exists is part of a crusade to suffocate science. If the MMGW side was confident in their theories, they wouldn't be trying to close off debate with intimidation and peer pressure.
Einstein's theory of relativity is still called a theory today because that's what it is: a theory. Like all science, it is under ongoing revision. Nothing is sacred in science. Everyone is entitled to their own interpretation of the evidence, and the evidence gathering process never ends.The Cult of Gore has been trying to proclaim 'case closed' on climate change- that's poison to science.
No one is going to believe your side has a flawless theory for climate change as long as every story like Climategate induces a panic reaction. Panic reveals who is skeptical about their own theories.
Einstein's theory of relativity is still called a theory today because that's what it is: a theory. Like all science, it is under ongoing revision. Nothing is sacred in science. Everyone is entitled to their own interpretation of the evidence, and the evidence gathering process never ends.The Cult of Gore has been trying to proclaim 'case closed' on climate change- that's poison to science.
No one is going to believe your side has a flawless theory for climate change as long as every story like Climategate induces a panic reaction. Panic reveals who is skeptical about their own theories.
Controlling The Message
There should be no surprise that Team Obama mirrors the Bush administration's efforts to control message and shove all dissenters into the 'un-American' tent- they're operating from the same playbook. The ruling class insulates itself from scrutiny by convincing citizens that the pro wrestling match they're watching is the real power struggle. There is no power struggle. It's theater. There is only the methodical implementation of a unified agenda, through a series of rigged fights leading to ordained synthesis outcomes.
When resistance builds against the openly corporate Republican mask offered by the ruling class, the ruling class and controlled media spin the rudder and favor the supposed 'reform' offered by the Democrats. These tacks to the left or right never alter the long-term course of the ship of state, they just create the illusion of change.
The fake left will entice people to rally behind them by promising that they can 'drive Republicans into the wilderness' and 'exile them from the debate', but that's impossible. The Right IS the Left's reason for existence, and vice versa. Should either the Left or Right become so weakened that they can no longer be taken seriously as a combatant in the pro wrestling arena, then the public will see the single cartel operating both masks. That can't be allowed to happen and won't, not until the full authoritarian state can be revealed without fear of provoking revolution.
When resistance builds against the openly corporate Republican mask offered by the ruling class, the ruling class and controlled media spin the rudder and favor the supposed 'reform' offered by the Democrats. These tacks to the left or right never alter the long-term course of the ship of state, they just create the illusion of change.
The fake left will entice people to rally behind them by promising that they can 'drive Republicans into the wilderness' and 'exile them from the debate', but that's impossible. The Right IS the Left's reason for existence, and vice versa. Should either the Left or Right become so weakened that they can no longer be taken seriously as a combatant in the pro wrestling arena, then the public will see the single cartel operating both masks. That can't be allowed to happen and won't, not until the full authoritarian state can be revealed without fear of provoking revolution.
Two Tentacles, Same Octopus
The ruling party uses both emissaries, the fake left and the fake right, to create a manufactured conflict over an issue.
The whole point of the false left/right paradigm is that the citizens must be convinced that THEY are the ones deciding on health care. If the central government issued a new health care policy without preceding conflict between the false left and false right, even the dumbest would catch on that the two party system is a charade.
The controlled synthesis 'solution' that will result from this manufactured conflict is already plotted out, just like the 'solution' to the banking meltdown was decided BEFORE the fake left and fake right pretended to squabble over how to 'fix' the economy.
Now, the herd of cattle must be manipulated towards that synthesis solution on health care. This is done by framing both the problem and the reaction in a manner that the ruling class can control, and then the two controlled major parties stage a false competition that concludes with the citizens 'choosing' the predestined synthesis solution.
This is how the single party corporate fascist state builds itself- by disguising itself inside the trappings of a democracy.
The whole point of the false left/right paradigm is that the citizens must be convinced that THEY are the ones deciding on health care. If the central government issued a new health care policy without preceding conflict between the false left and false right, even the dumbest would catch on that the two party system is a charade.
The controlled synthesis 'solution' that will result from this manufactured conflict is already plotted out, just like the 'solution' to the banking meltdown was decided BEFORE the fake left and fake right pretended to squabble over how to 'fix' the economy.
Now, the herd of cattle must be manipulated towards that synthesis solution on health care. This is done by framing both the problem and the reaction in a manner that the ruling class can control, and then the two controlled major parties stage a false competition that concludes with the citizens 'choosing' the predestined synthesis solution.
This is how the single party corporate fascist state builds itself- by disguising itself inside the trappings of a democracy.
If You Like False Choices, Stay Inside The False Left/Right Paradigm
I don't even think left wing/right wing, because it's a mental prison created by the same corporate gangsters who created the false left/right paradigm that has been manipulating the population for 100 years. Two tentacles leading back to the same octopus, a charade of false choices and manufactured consent.
There are way more than two sides to this issue. The real division is this:
On one side, you have the people who believe that Republican and Democrat are their only choices- they're the ones trapped inside the false paradigm, making their health care decisions based on the limited menu offered by the globalists who own both major front parties that serve as controlled opposition to each other.
On the other side, you have those who have woken up, and recognize that giving any more power to a giant central government ( whether it comes packaged by the fake left or the fake right ) is one more step down the path of complete servitude to the financial gangsters who have owned this country since they hijacked the monetary system.
There are way more than two sides to this issue. The real division is this:
On one side, you have the people who believe that Republican and Democrat are their only choices- they're the ones trapped inside the false paradigm, making their health care decisions based on the limited menu offered by the globalists who own both major front parties that serve as controlled opposition to each other.
On the other side, you have those who have woken up, and recognize that giving any more power to a giant central government ( whether it comes packaged by the fake left or the fake right ) is one more step down the path of complete servitude to the financial gangsters who have owned this country since they hijacked the monetary system.
Globalization Is Globalized New Feudalism
The United States in 1900 was the most self-sufficient nation on Earth. One hundred plus years of being infiltrated by globalist financial parasites, and our manufacturing sector is on its last legs, we are buried in debt we can't service, and the economy we have left is a donut economy: service workers and paper pushers clumped together at the bottom, and a speculator class at the top, with the broad middle class a fading memory.
Yes, globalization sucks. Sorry to bust your bubble. Unless you like the rapidly expanding gap between richest and poorest, unless you like concentration of wealth and political influence into the top of the pyramid, you have little to cheer about when it comes to globalization. It destroys sovereign nations and makes them obedient to usurers, currency manipulators, trade predators, and labor exploiters. Globalization is another word for 'global new feudalism'.
Yes, globalization sucks. Sorry to bust your bubble. Unless you like the rapidly expanding gap between richest and poorest, unless you like concentration of wealth and political influence into the top of the pyramid, you have little to cheer about when it comes to globalization. It destroys sovereign nations and makes them obedient to usurers, currency manipulators, trade predators, and labor exploiters. Globalization is another word for 'global new feudalism'.
Sellout Liberals Claim That Everyone Dissatisfied With Health Care Wants Their Solution
Perhaps 76% of the population does want to make minor or major changes to the way health care is delivered in America- but that doesn't mean that all of that 76% are in support of the Obama plan.
People look at who installed Obama ( Wall Street ), they look at what Obama has already delivered to the cartel in return, they look at the other Big Brother policies Obama is trying to ram through during his honeymoon, they look at the rest of the crew of corporate servants masquerading as Democratic leadership ( starting with Pelosi and Frank and Reid ), and they quite rightfully look at the Obama health care plan as yet another Trojan horse.
Obama is trying to nationalize the health care industry to serve the investor class, same as the bank nationalization, same as the auto industry nationalization.
People look at who installed Obama ( Wall Street ), they look at what Obama has already delivered to the cartel in return, they look at the other Big Brother policies Obama is trying to ram through during his honeymoon, they look at the rest of the crew of corporate servants masquerading as Democratic leadership ( starting with Pelosi and Frank and Reid ), and they quite rightfully look at the Obama health care plan as yet another Trojan horse.
Obama is trying to nationalize the health care industry to serve the investor class, same as the bank nationalization, same as the auto industry nationalization.
Identify extremists By Looking For Those Shrieking The Loudest About 'Extremists'
It cracks me up when I see left-wing extremists refer to ordinary people as right-wing extremists.
Left wingers literally cannot conceive of anyone having differences with their agenda for legitimate reasons, because the Left genuinely believes that they are answering a higher calling. Despite many on the Left having a lukewarm to cold relationship with the concept of a God, they endlessly imply that their agenda is transformative and healing and 'unquestionably perfect'- i.e: holy.
To the Left, there is no such thing as left wing extremism, because they have sanctified their agenda and deposited it into the category of 'Mission From God'.
Extremists by nature compulsively label everyone with a different opinion as an 'extremist'.
If you want to find extremists, spot those shrieking the loudest about extremists. You'll be looking right at them.
Left wingers literally cannot conceive of anyone having differences with their agenda for legitimate reasons, because the Left genuinely believes that they are answering a higher calling. Despite many on the Left having a lukewarm to cold relationship with the concept of a God, they endlessly imply that their agenda is transformative and healing and 'unquestionably perfect'- i.e: holy.
To the Left, there is no such thing as left wing extremism, because they have sanctified their agenda and deposited it into the category of 'Mission From God'.
Extremists by nature compulsively label everyone with a different opinion as an 'extremist'.
If you want to find extremists, spot those shrieking the loudest about extremists. You'll be looking right at them.
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This is the most government intervention into the credit and property and equity markets in our history, but despite that, you'll continue to hear the fictional 'free market' scapegoated as the cause of the next leg of this designed economic contraction. The concept of 'too big to fail' cannot exist in a free market, but it is the trademark of a centrally-planned oligarchical economy.