Are we saved? 109

At last we atheists believe in the existence of a Savior of Mankind. We don’t know his name. We only know he’s a simple hacker.

He’s saved us from incalculable harm.

Or at least we hope he has.

When short-sighted capitalists and blind communist ideologues meet next week in Copenhagen, will they yet succeed in impoverishing and enslaving us in the name of saving the planet from global warming? Even though the hacker has revealed that the ‘science’ is fraudulent?

From Canada Free Press:

The upcoming Copenhagen meeting sponsored by the United Nations had hoped for a global redistribution of wealth over the next 20 years of between $6 trillion and $10.5 trillion, according to the draft treaty, to “Compensate for damage to the less developed countries’ economy and also compensate for lost opportunities, resources, lives, land and dignity, as many will become environmental refugees.” Third world governments see dollar signs.

In the U.S., the Treasury Department estimates that the president’s cap-and-trade approach would “generate federal receipts on the order of $100- to $200 billion annually.” The Congressional Budget Office reports that a 15 percent CO2 reduction would cost an average household $1,600 a year.

The U.N. Intergovernmental Panel on Climate Change (IPCC) is a bureaucrat’s paradise that exists solely to perpetrate the myth, while enjoying frequent meetings at exotic venues throughout the world.

Many governments maintain bureaucracies just to “study” the myth. In the U.S., it’s the Global Change Research Program. NOAA [National Oceanic and Atmospheric Association], the Goddard Institute for Space Studies, the National Climate Change and Wildlife Center of the USGS [US Geological Survey], and the EPA [Environmental Protection Agency] are just a few other federal agencies feeding at the trough.

Over the last 20 years, the US government spent $32 billion on climate research, yet has failed to find any evidence that carbon dioxide emissions significantly affect temperature or represent a danger. Government agencies, the private sector, and universities were the recipients of this money. These organizations have a vested interest in maintaining the myth.

The feds also spent another $36 billion for development of climate-related technologies in the form of subsidies and tax breaks. Solar and wind-power generation of electricity can be a supplemental supply, but these methods could not compete with fossil fuels without a subsidy. These industries have a vested interest in maintaining the myth.

The ethanol industry is founded solely on the myth that we must reduce our use of fossil fuels, even though the U.S. has abundant supplies.

The American Recovery and Reinvestment Act (Bailout bill) contained $3.4 billion for research and experimentation in the area of carbon sequestration – burying carbon dioxide generated by fossil fuel plants. There are also, really wild schemes for geoengineering, schemes to block the sun with mirrors, or seed the atmosphere with sulfur to produce more clouds.

On the world commodities market, trading carbon credits generated $126 billion in 2008, and big banks are collecting fees, and some project a market worth $2 trillion. Al Gore’s venture capital firm, Hara Software which makes software to track greenhouse gas emissions, stands to make billions of dollars from cap-and-trade regulation. If the myth is destroyed, this market will evaporate.

Back in 2007, a coalition of major corporations and environmental groups formed the U.S. Climate Action Partnership (USCAP) to lobby for cap & trade. The companies planned to profit (at least in the short term) from either the cap-and-trade provisions or from selling high-priced, politically-favored (if not mandated) so-called “green” technology to the rest of us — whether we need it or not, and regardless of whether it produces any environmental or societal benefits.

Corporate USCAP members include: Alcoa, BP America, Caterpillar Inc., Dow Chemical, Duke Energy, DuPont, FPL Group, Exelon, General Electric, Lehman Brothers, John Deer & Co, PG&E Corporation, and PNM Resources. …

The vested interests are strong and many. Is the global warming industry “too big to fail?” It remains to be seen whether those interests, and [collectivist] political ideology will triumph over truth and common sense.

Blame Clinton for the subprime meltdown 69

 This from the Investor’s Business Daily:

Obama in a statement yesterday blamed the shocking new round of subprime-related bankruptcies on the free-market system, and specifically the "trickle-down" economics of the Bush administration, which he tried to gig opponent John McCain for wanting to extend.

But it was the Clinton administration, obsessed with multiculturalism, that dictated where mortgage lenders could lend, and originally helped create the market for the high-risk subprime loans now infecting like a retrovirus the balance sheets of many of Wall Street’s most revered institutions.

Tough new regulations forced lenders into high-risk areas where they had no choice but to lower lending standards to make the loans that sound business practices had previously guarded against making. It was either that or face stiff government penalties.

Obama’s ‘remedies’ would make matters much worse, the editorial declares.

Read the whole thing here.

 

Posted under Commentary by Jillian Becker on Tuesday, September 16, 2008

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