Tag Archives: Agenda 21

Dec 16 2018

Blaming Humans for Everything


Armstrong Economics Blog/Climate

Re-Posted Dec 16, 2018 by Martin Armstrong

COMMENT:  Hi Martin,
while I concur with your views that humans are taking too much “credit” for climate change, I can’t say I agree with the chart you posted attributing such minimal reduction in CO2 values to eating a plant-based diet. The fact that eliminating meat from diets gets NO attention from the “it’s all our fault” climate change fraternity for me reinforces the disingenuousness of their argument. They know there’s no public support for eating a plant-based diet, so they conveniently ignore that option, which IMO would be a lot more effective than crippling the world economy with CO2 reductions in other areas. Which of course is unlikely to fix anything.

More power to your Martin.

REPLY: I really question all of these theories they put forth and how they always want to blame us for everything. If we were around with dinosaurs, we would be blamed for that as well. I look at the natural cycles of the climate. I do not think if I drive my car around the block 100 times each day it will get it even a little bit warmer. I lived in London during the 1980s when busses used diesel and in August you could not breathe. I am against pollution and I think anyone in their right mind would agree with that.

 

I wrote a piece about the Red Tide which the common theme is to blame farmers for the runoff of chemicals. I simply did my research and discovered that there were accounts of Red Tide dating back to 1648. Then during the elections, we had politicians who turned it into a political argument to vote for them to save our beaches and impose regulation to eliminate Red Tide.

People believe what they want to believe. They REFUSE to accept that Mother Nature just may have her own plan in minds and we are no more than a fly on the rear-end of an elephant with no control over where he is going.

There just seems to be a prevailing desire to always blame us for everything as if we are in complete control of nature and the planet. These people who are mounting political efforts to stop farmers from using fertilizers once again lack any comprehension of what would happen to the food supply.

It just seems that to solve any problem they always assume we caused it without the slightest bit of research into the past

Dec 16 2018

A 19 Mile Wide Meteor Crater Discovered Beneath the Ice in Greenland


Armstrong Economics Blog/Climate

Re-Posted Dec 16, 2018 by Martin Armstrong

Part of the type of events which can alter the climate besides volcanoes which tend to erupt during solar minimum as we have been heading into is meteor impacts. It has been recently confirmed that one of the largest meteor impacts some 19 miles in diameter lies hidden beneath the glacier in Greenland. It is remarkably well preserved but exactly when the impact took place is not exactly known. It is believed that the crater was formed less than 3 million years ago. This proves that there was no major ice at the time and the resulting depression was subsequently covered by ice. So, once again we have people claiming Global Warming will raise sea levels and focus their theories ONLY on post-Industrial Revolution

Dec 15 2018

Does French Yellow Vest Revolution Echo U.S. Tea Party?


Published on Dec 14, 2018

Yellow vest protests in France may have a connection with the recent U.S. Tea Party movement. Stephen Green leads Scott Ott and Bill Whittle to consider the parallels and differences. Right Angle is one of the shows produced by members at http://BillWhittle.com/subscribe
Dec 15 2018

Texas Judge Rules Obamacare Unconstitutional, Primary Issue Surrounds Individual Mandate, (ruling pdf included)…


Re-Posted from The Conservative Tree House on December 14, 2018 by

U.S. District in Texas, Judge Reed O’Connor (Fort Worth) has agreed with a coalition of 19 states that Obamacare is structurally unconstitutional without an enforced federal mandate that requires individual participation. (full ruling pdf below)

Absent the enforcement of the individual mandate, Judge O’Conner ruled it was impossible for the Obamacare law to remain.  Texas and the 19 state coalition successfully argued they’ve been harmed by an increase in the number of people on state-funded insurance rolls.

The plaintiffs argued: when Congress repealed the tax penalty last year for the individual mandate; they eliminated the U.S. Supreme Court’s prior rationale for finding the ACA constitutional in 2012. The Texas judge agreed.

Judge O’Conner found it is clear the individual mandate is the linchpin of the law “without marching through every nook and cranny of the ACA’s 900-plus pages. The court must find the individual mandate inseverable from the ACA,” he said. “To find otherwise would be to introduce an entirely new regulatory scheme never intended by Congress or signed by the president.”

Here’s the ruling:

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https://www.scribd.com/embeds/395733311/content?start_page=1&view_mode=&access_key=key-W3Dq1MZhRlx2DQf7Z6Q0

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Dec 15 2018

Growing Food Inside


Armstrong Economics Blog/Agriculture

Re-Posted Dec 15, 2018 by Martin Armstrong

There are a number of options for growing food inside which can be considered. There are even companies that set up indoor farms for restaurants such as Farmshelf. There are various options you can explore in the world of hydroponics and vertical farms. So there are alternatives for those caught up in global cooling. It is not all doom and gloom. The technology is there and we simply need to plan ahead. As usual, these sorts of ideas will become popular only when it turns very cold

Dec 15 2018

Global Warming Has Nothing to Do with the Sun?


Armstrong Economics Blog/Climate

Re-Posted Dec 15, 2018 by Martin Armstrong

Those who have come forward and presented evidence the sun is the leading cause of global warming have been typically silenced because that results produces no pot of endless government grants to justify taxes. It is interesting that while they claim use sunscreen because you can get skin cancer from the sun when it comes to global warming, the sun has nothing to do with it.

10 YEARS AGO TODAY on December 13th, Al Gore Predicted North Pole Would Be COMPLETELY ICE-FREE in Five Years! The problem we face is that when there is an endless pot of money available, people will say whatever it takes to get their hands on it.

Every spending bill in Congress needs an economic study to make some bogus claim. I was told to be a good boy. Pump out studies to support legislation and would earn millions per year. I declined the offer. I said I actually enjoy the research following the breadcrumbs to see where they lead. I guess when you can trade and make money it eliminates those types of temptations.

Dec 14 2018

The Real Game of Thrones


Armstrong Economics Blog/Central Banks

Re-Posted Dec 14, 2018 by Martin Armstrong

The real Game of Thrones is already underway. The contest to succeed Mario Draghi is now officially open. The head of the European Central Bank (ECB) will leave office on October 21st, 2019. The question is who has the guts to step up to the plate to clean up the mess he is leaving behind? The appointment of his successor is already underway.

All the various governments are planning to submit their entries for what people are calling the ECB derby of 2019. Nobody really knows what will happen between now and the summer of 2019 is already a political lifetime. The favorite behind the curtain seems to be Jens Weidmann, who is the current head of Germany’s Bundesbank. If he would take that position is debatable. There are huge economic problems Draghi is leaving behind with the Quantitative Easing and then stir in conflicting political interests, and it becomes highly questionable whether this is going to be an easy compromise of the clash of titans.

The backroom shenanigans are not going to be so easy since Draghi has kept member states on life support. The monetary policy crisis in Europe may now come to a head and expect this to also become a major influence behind the Euro in 2019 as speculation grows. However, there is a prelude to the Draghi successor. Come May 2019, the term of Vítor Manuel Ribeiro Constâncio, who has served as Vice President of the ECB from June 2010 until May 2018 must be decided. Constâncio served as Governor of the Bank of Portugal from 2000 to 2010. With his term expiring in May, the new Eurogroup president, Mário Centeno, formally asked his finance minister colleagues to submit their nominations for the job by February 8th, so that the heads of government have time to agree before the spring. The choice of vice president will certainly influence political balance which could alter also the type of policy to expect from 2020 onward.

One thing is very clear, the Vice President and President will not be from the same countries regardless of their qualifications. The tradition has been that the four largest eurozone economies — Germany, France, Italy, and Spain — must have one representative on the board, with the other two seats being left to remaining 15 powers. There is little question that Jens Weidmann would reverse the policies of Draghi and shrink the ECB balance sheet as quickly as possible. The French will object to Weidmann being the man to sit in that chair when many states are starting to complain about the austerity philosophy of Germany

Dec 14 2018

The Brewing European Debt Crisis


Armstrong Economics Blog/Sovereign Debt Crisis

Re-Posted Dec 14, 2018 by Martin Armstrong

Macron is pushing for the European Finance Minister to raise money by selling EU bonds and then distribute the money to the 19-member Eurozone. France is very heavily indebted and here once again we have simply the goal to raise more money rather than reform. Because of the riots in France, Macron is trying to get the EU to fund France. They want to call this the European Monetary Fund and it would be pitched as stabilizing the Eurozone, but in reality, it is circumventing the austerity principles and budget constraints.

Juncker was the European Finance Minister to chair a body of European Finance Ministers from each member state. He would also become the Vice President of the European Union.
Juncker is seeking to use the European debt crisis that is brewing as the means to the ends resulting in the final federalization of Europe. If the EU raises the money and hands it out like welfare to the states, then they become addicted and totally dependent upon Brussels and thus eventually all sovereignty is surrendered.

This new European Monetary Fund would incorporate the European Stability Mechanism (ESM) which is a Luxembourg-based fund that lends money to states in crisis. They lent money to Cypris, Greece, Ireland, Spain, and Portugal. They were issuing their own debt but were not an EU entity. The ESM capitalization was guaranteed by the euro countries. Therefore, the proposal is really a takeover and it would be a way to funnel money to states such as France

Dec 11 2018

French President Macron Declares “Social and Economic” State of Emergency….


Re-Posted from The Conservative Tree House on December 10, 2018 by

With massive civil unrest overwhelming many parts of French society, President Emmanuel Macron made a televised speech to the nation attempting to calm the anger. Macron declared a social and economic state of emergency and attempted to stop the ongoing Yellow Vest protests by announcing a special year-end bonus.

In addition to the year-end bonus, during the national address from the Elysee Palace Macron announced an increase in the minimum wage of €100 per month; a tax exemption on overtime pay; and a plan to not raise taxes on pensioners with an income less than €2,000/month.  Here’s the english version of the EU broadcast.

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When the same issues happened in Venezuela, Maduro followed a similar plan… things didn’t end well.   Macron has already committed the full weight of his police and military to crush any uprising.  Tenuous times in France.

Dec 10 2018

Coldest December on Record in China


Armstrong Economics Blog/Climate

Re-Posted Dec 10, 2018 by Martin Armstrong

China is also experiencing the coldest day record during December 6 below zero C. Snow is falling in Beijing to Shanghai. It has been in the 70s in Abu Dhabi and in Tampa Florida, so the cold is dipping lower and lower across the planet. Temperatures in China have been held under 4 below zero C on only seven December days since 2000. This is the coldest on record so far. The real question becomes when will people start noticing that the summers are dry and short with the winters getting colder