Analysis of Global Temperature Trends, February, 2017, what’s really going on with the Climate?


The analysis and plots shown here are based on the following two data series. First NASA-GISS estimates of a global temperature shown as an anomaly (converted to degrees Celsius) as shown in their table Land Ocean Temperature Index (LOTI) and shown in the following Chart as the red plot labeled NASA. This plot is shown as a twelve month moving average to minimize the large monthly swings and better show trends; the scale for the temperatures is on the left. Second NOAA-ESRL Carbon Dioxide (CO2) values in Parts Per Million (PPM) which are shown in the following Chart as a black plot labeled NOAA. This plot is shown exactly as the data from NOAA is presented and there is no need for a moving average the scale for CO2 is shown on the right.

NASA published data as stated in the first paragraph is shown as an anomaly, but what is a temperature anomaly?  An anomaly is a deviation from some base value normally an average that is fixed. There were two problems with the system that NASA picked which were number one there is no “actual” global temperature and two since climate is a variable there cannot be a real base to measure from. NASA known for its science and engineering expertise back in the day thought it could get around these issues and created a system to do so. First they developed a computer model which took readings from all over the planet and made significant adjustments to them called homogenization and came up with the estimated global temperature. Second they picked the period 1950 to 1980 (30 years) and averaged the values and came up with 14.00 degrees Celsius and make that their base.  Then they took the calculated temperature and subtracted the base from it which gave them the anomaly. The problem is that both the base and the anomaly are arbitrary.

Now that we have a base to work with we are going to add to the previous Chart three things. The first is a trend line of the growth in CO2 since that is the entire basis for climate change according to the government through NASA and NOAA. That plot is superimposed over the black plot of the actual NOAA CO2 values as the cyan line labeled as the CO2 Model and one can see there is a very good fit to the actual NOAA values so there should be no dispute about its validity.  This plot allows us to make projections as to future global temperatures according to the level of CO2. The second added item is James E. Hansen’s Scenario B data, which is the very core of the IPCC Global Climate models (GCM’s) and which was based on a CO2 sensitivity value of 3.0O Celsius per doubling of CO2. This plot is shown here in lavender and is part of a presentation that Hansen showed to congress in 1988 when the UN was about to set up the International Panel on Climate Change (IPCC) and this plot is labeled as Hansen Scenario B which Hansen stated was the most likely to happen based on his theories’.  The third item is the current plot of the most likely temperature of the planet based on the growth of CO2 published by the IPCC. This plot is shown in Red and is labeled as IPCC AR5 A2 as that is the table where the data was found. This plot is a GCM computer projection of the planets temperature based to the complex relationships developed on the levels of CO2 by the IPCC through NASS and NOAA.

It can be seen in this Chart that the lavender plot and the Hansen plot are very close from 1965 to around 2000 after that, from 2000 to 2014, there is a very large and growing deviation reaching close to .5 degrees Celsius in 2014, which is not an insubstantial number.  Also of note is that there doesn’t seem to be a good correlation between the growth in CO2 and the increase in the planets temperature. The CO2 is going up in a log function and the Temperature was going down in a log function until recently where it reversed and is now going up in a log function. That major change in direction that occurred between 2013 and 2014 is the subject of this paper.

The next Chart is developed from the raw data from NASS and NOAA as shown in the first Chart.  This plot was made first by adding ten years blocks of temperature and CO2 as indicated in the Chart and diving by 120 to give an average for each.  Then the average Temperature was divided by the average CO2 to give degrees of temperature increase per PPM of CO2. After that was plotted it appeared that there were two different curves the first was from block 1965-1974 through block 2004-2014 shown as Black Dots and the second was from block 1995-2004 through block 2005-2016 shown as Black Dashes. When trend lines were added they were both almost perfect fits to the raw data and so you cannot see the data points very well on the Chart.  These blocks were picked to represent the entire period of time where we had both NASA temperature data and NOAA Co2 levels.

On the following Chart are two sets of color coded information. The first is Cyan plot and the Cyan box with the equation in it along with the R2 value 0f 1.0 are for the first series from block 1965-1974 through block 2004-2014. The other is the Red plot and the Red box with the equation in it along with the R2 value of 1.0 which are for the first series from block 1965-1974 through block 2004-2016. We can speculate on how this change has happened but it cannot be said that the plot change is not real; however additions data over the next few years will be required to actually prove that something has changed.

In summary the Cyan data set indicates a diminishing effect of CO2 on global temperature for about 54 years and the Red data set represents an increasing effect of CO2 on global temperature for the past 2 years. Since both data sets have an R2 value of 1.00 the trend lines cannot be in question.

Before we get into a possible explanation to the drastic change from the Cyan data to the Red data that occurred in 20014 we need to consider other factors than CO2 on Climate change.  The fault that occurred in the work that was done in the 1980’s was in assuming that there was an optimum or constant global temperature and therefore any change that was being observed was from the increasing amount of CO2 in the atmosphere.  There may have been correlation but it was never proved that there was causation (high R2 value) between CO2 and global temperatures. With that assumption, which limited options, we moved from true science into the realm of political science.  True science has an open mind and finds relationships that work in matching observations with predictions.  Political science changes history and/or facts to match the desires of the politicians. Since the politicians control the money political science is what we get; which means that what we get may not be technically correct.

A decade ago when I started looking at “climate” change the first thing I did was look at geological temperature changes since it is well known that the climate is not a constant; I learned that 52 years ago in my undergrad geology and climatology courses in 1964. The next paragraph explains currently observed patterns in climate related to this subject.

Ignoring the last Ice Age which ended some 11,000 years ago when a good portion of the Northern hemisphere was under miles of ice the following observations give a starting point to any serious study on the subject. First, there is a clear up and down movement in global temperatures with a 1,000 some year cycle going back at least 3,000 to 4,000 years; probably because of the apsidal precession of the earth’s orbit of about 20,000 years for a complete cycle. However about every 10,000 years the seasons are reversed making the winter colder and the summer warmer in the northern hemisphere. 10,000 years from now the seasons will be reversed. Secondly, there are also 60 to 70 year cycles in the Pacific and the Atlantic oceans that are well documented. These are known as the Atlantic MultiDecadal Oscillations (AMO) in the Atlantic and as La Nina and El Nino in the Pacific. Thirdly, we also know that there are greenhouse gases such as carbon dioxide that can affect global temperatures. Lastly the National Academy of Sciences (NAS) estimated that carbon dioxide had a doubling rate of 3.0O Celsius plus or minus 1.5O Celsius in 1979 when there were only two studies available and one for sure and maybe both were not per reviewed.

The result of looking objectively at the three possible sources of global temperature changes was a series of equations based on these observations that when added together produced a sinusoidal curve that seemed to follow NASA published temperatures very closely.  Since this curve was based on observed temperature patterns it was called a Pattern Climate Model (PCM) which has been described in previous papers and posts on my blog and since it is generated by “equations” many assume it is some form of least squares curve fitting, which it is not. It does seem to be related to ocean currents.

As can be seen in the following Chart the PCM there is a 69.1 year cycle that moves the trend line up and then down a total of 0.29O Celsius and we are now in the downward portion of that trend (-.01491O C per year) which will continue until around ~2035.  This short cycle is clearly observed in the raw NASA data in the LOTI table going back to 1880. Then there is a long trend, 1036.7 years with an up and down of 1.65O Celsius (.00396O C per year) also observed in the NASA data. Lastly, there is CO2 adding about .0079O Celsius per year so currently they all basically wash out at -.0039O C per year, which matches the current holding pattern we are experiencing. After about 2035 the short cycle will have bottomed and turn up and all three will be on the upswing again.  Note: the values shown here are only representative as the actual model uses many more places than what are shown here.

When using the 12 month running average for global temperatures up until 2014 the PCM model was within +/- .01 degrees of what NASA was publishing in their LOTI table since the early 1960’s as shown in the next Chart. Further the back projection of the PCM plot matched historical records and global temperatures going back past the time of Christ. It should also be consider that geologically CO2 levels have reached levels many times that of the current 400 ppm without destroying the planet so the current hysteria over the current small numbers can only be explained by political science not real science.

The nest step in this analysis is to put all of the known data and projections into one Chart which will contain: NASA’s table LOTI global temperature estimates, NOAA’s actual CO2 values, the CO2 model projections, the PCM model global temperature plot, Hansen’s Scenario B 1988 global temperature plot, and lastly the IPCC AR5 A2 global temperature plot. With that done we can look at the results and try to make some sense of what is going on with the various arms of the federal government that are promoting that carbon based fuels be eliminated since they are responsible for the global temperature level  going up.  As previously started when the government pours money into the sciences the sciences respond with technical papers the support the governments views, this is what I call political science verses real science as was done prior to the 1980’s; money talks and BS walks as everyone on the street knows.  This Chart views a good overview of the current situation showing all the facts and all the projections.

This Chart contains no manipulation of the data and the only change that was made was to convert the NASA anomalies back to degrees Celsius to make it more readable to lay people.  This is only a change in units and has no bearing on the look.  A subject not broached here is that of the NASA homogenization process itself and the base period from 1950 to 1980. The portion in the black circle contains the NASA base period of 14.00 degrees Celsius and the reason it’s brought up here is that the Homogenization process causes the global temperatures to move around since the entire data base all the way back to 1880 is recalculated each month.  But since the base has to stay at 14.00 degrees Celsius the program must be set to not allow changes in that period of time. I’m sure the programmers have fun with that. Prior work here has shown how this creates a teeter totter effect with the data plots, some of which have recently been significant.

The next Chart will be a look at the period from 2010 to 2020 so we can see the detail of the past few years where a change in CO2 of only a few ppm has caused a major change in the global temperature way beyond anything previously shown in any published NASA data. There are two black ovals on the Chart one at the top of the Chart which is a black oval around the CO2 levels for 2012, 2013, 2014, 2015 and part of 2016 and it’s very obvious that there has been very little change, maybe 7 ppm or about 1.9%. Then at the bottom of the Chart is another black oval around the NASA global temperature levels for 2012, 2013, 2014, 2015 and part of 2016 and its very obvious that there has been a very large change, almost .45 degrees Celsius or about 3.1%. There has never been such a large increase in temperature from such a small increase in CO2.

By contrast the previous comparable period of the last part of 2010 through 2013 shows about the same increase for CO2 at 1.1% but no increase for global temperature but actually small decrease. Worse it appears that this current strange upward trend will continue as the values shown here are based on a 12 month moving average and the current values being published by NASA have been very high for the past 7 months and therefore I would expect the NASA plot to be well over 15.00 Celsius within a few months and certainly before the end of 2016. After COP21 the need for Fake Warming was no longer needed and so we are seeing a downward trend developing. With the new administration we may see the end of data manipulation from NOAA and NASA and a return to real science political science.

In summary, the IPCC models were designed before a true picture of the world’s climate was understood. During the 1980’s and 1990’s CO2 levels were going up and the world temperature was also going up so there appeared to be correlation and causation. The mistake that was made was looking at only a ~20 year period when the real variations in climate all move in much longer cycles of decades and centuries.  Those other cycles can be observed in the NASA data but they were ignored for some reason.  By ignoring those trends and focusing only on CO2 the models will be unable to correctly plot global temperatures until they are fixed.

Lastly, the next chart shows what a plot of the PCM model, in yellow, would look like from the year 1400 to the year 2900. This plot matches reasonably well with recorded history and fits the current NASA-GISS table LOTI data, in red, very closely, despite homogenization.  I understand that this model is not based on physics but it is also not true curve fitting. It’s based on observed reoccurring patterns in the climate. These patterns can be modeled and when they are, you get a plot that works better than any of the IPCC’s GCM’s. If the conditions that create these patterns do not change and CO2 continues to increase to 800 ppm or even 1000 ppm than this model will work well into the foreseeable future.  150 years from now global temperatures will peak at around 15.750 to 16.000 C and then will be on the downside of the long cycle for the next ~500 years.

The overall effect of CO2 reaching levels of 1000 ppm or even higher will be about 1.50 C which is about the same as that of the long cycle.  The Green plot on the Chart shows the observed pattern with no change in CO2 from the pre-industrial era of ~280 ppm. CO2 cannot affect global temperatures more than 1.500 C +/- no matter what the ppm level of CO2is. The reason being that the CO2 sensitivity value is not 3.00 per doubling of CO2 but under 1.00 C per doubling of CO2 as shown in more current scientific work.

The purpose of this post is to make people aware of the errors inherent in the IPCC models so that they can be corrected. 

The Obama administration’s “need” for a binding UN climate treaty with mandated CO2 reductions in Europe and America was achieved as predicted at the COP12 conference in Paris in December 2015. To support this endeavor NASA was forced to show ever increasing global temperatures that will make less and less sense based on observations and satellite data which will all be dismissed or ignored.  Within a few years the manipulation will be obvious even to those without knowledge in the subject, but by then it will be to late the damage to the reputation of science will have been done.

 

Sir Karl Raimund Popper (28 July 1902 – 17 September 1994) was an Austrian and British philosopher and a professor at the London School of Economics. He is considered one of the most influential philosophers for science of the 20th century, and he also wrote extensively on social and political philosophy. The following quotes of his apply to this subject.

If we are uncritical we shall always find what we want: we shall look for, and find, confirmations, and we shall look away from, and not see, whatever might be dangerous to our pet theories.

Whenever a theory appears to you as the only possible one, take this as a sign that you have neither understood the theory nor the problem which it was intended to solve.

… (S)cience is one of the very few human activities — perhaps the only one — in which errors are systematically criticized and fairly often, in time, corrected.

Why The Press Is Hated…


Tyler Durden's picture

Authored by Eric Peters via EricPetersAutos.com,

The press wonders – or pretends to wonder – why it’s held in contempt by more than just a small handful of  people. Maybe the pressies should read what they publish.

The other day, Automotive News published the following:

“Dozens of U.S. cities are willing to buy $10 billion of electric cars and trucks to show skeptical automakers there’s demand for low-emissions vehicles, just as President Trump seeks to review pollution standards the industry opposes.”

This slurry of dishonest or simply idiotic “reporting” is stupendously revealing – all the more so because it is representative of the norm. Where to begin?

Let’s work from the back, since the worst lie – and that is exactly the correct word – squats toward the end of this vile dreck:

“…to review the pollution standards the industry opposes.”

Utter falsehood. I mean, other than the industry opposing part. Which of course is portrayed as all-but-demonic, with sulfurous undertones that practically waft off the page.

The lie worthy of Dr. Goebbels at his best, though, is this business about carbon dioxide being a “pollutant.” In which case – uh oh! – it is time to put giant cones on top of volcanoes and catalytically converting muzzles on cows and for that matter us, too. Carbon dioxide is a “pollutant” in the same way that di-hydrogen monoxide (water) is a “pollutant.”

It does not foul the air. Even slightly.

It does not cause cancer or respiratory problems or acid rain.

Or even acne.

The Automotive News story is despicable because it purveys without comment or qualifier the package-dealing of an inert, non-reactive gas – C02 – with the byproducts of internal combustion engines that do foul the air, contribute to the formation of smog, irritate people’s lungs, create public health problems and cause acid rain.

Those compounds which are pollutants, properly (scientifically) speaking.

Carbon dioxide is a natural constituent component of the atmosphere, like water vapor and nitrogen and oxygen. To characterize C02 as a “pollutant” is either a titanic imbecility or a purposeful attempt to mislead.

It is of a piece with the progagandizing the media performed for the government when it decided it was time to conflate those who (so they said) attacked America on 9/11 with the Iraqi government. You may recall. One minute, it was al Qaeda and the Taliban in Afghanistan. Then – as if a batch fax had been sent to every media organ in the country – it was non-stop Saddam. Just as C02 isn’t a “pollutant,” Saddam didn’t attack America. But the press did its best to purposefully confuse the issue, aiding and abetting a Nuremburg-worthy high crime – aggressive war – that went unpunished. Reichsmarschall Goring is smiling cynically, somewhere above . . . or below.

The new Fake News is that carbon dioxide is something like carbon monoxide, or unburned hydrocarbons, oxides of nitrogen, or particulates – a danger that must be regulated and controlled. Not only is the untrue (see above) but unlike the actually harmful compounds classified (accurately) as pollutants, carbon dioxide can’t be “cleaned up” because of course it’s not “dirty” to begin with. The only thing that can be done – here it comes – is to reduce the volume produced and the only known way to do that is to . . . burn less fuel.

In other words, it’s a fuel efficiency fatwa masquerading as an anti-pollution measure. And the object is not to increase fuel efficiency. It is to reduce the size of engines (and so, cars) and make them expensive – so that fewer people can afford to buy them. This is not spoken of openly, but it is the end goal. It must be; a single fool or demagogue could be dismissed as aberrant; this is systematic, organized.

The government – which is a bunch of people – calculated, drew up ad then decreed (in the waning days of Obama’s presidency, knowing his successor might be  . . . skeptical)  that henceforth carbon dioxide would be considered a ”pollutant.”

The media lapdogged that up. No “excuse me, but…”

Nada.

Just willing, complicit, lazy regurgitation. Or something much worse . . .

The reaction of anyone reading the Automotive News pabulum who is in possession of junior high school-level chemistry knowledge will – rightly – be one of outrage. Unfortunately – deliberately – a working majority of the public is not in possession of junior high school-level knowledge of chemistry.

Next item up for dissection:

“Dozens of U.S. cities are willing to buy $10 billion of electric cars and trucks to show skeptical automakers there’s a demand for low-emissions vehicles.”

God, my teeth ache.

Firstly, it’s not not “dozens of cities” who will be buying these force-produced electric Edsels. It is the taxpayers of these cities who will be forced to buy them (but not own them) via the extorted funds they are compelled to provide, so that government workers can drive around in the electric Edsels.

This isn’t supply and demand, market forces. It is make-work and wealth transfer. To characterize it as “demand for low-emissions vehicles” is another despicable upchuck of putrefying propaganda that depends upon the stupefaction (or enstupidation) of the reader, who will only allow the morsel to pass by if he is utterly in the dark about basic economic laws.

And “low emissions”?

Seriously?

How many times must this be whack-a-moled? Electric vehicles do produce emissions, just not at the tailpipe. Does the source of pollution matter? Or just that it is produced?

Bingo, if you picked the latter.

First of all, the raw materials necessary to make the hundreds of pounds of batteries per electric car are not gently taken from Gaia’s willing bosom – and the batteries themselves are mini-Chernobyls of toxic waste. Oh, but they’ll be recycled! Except when they’re not. What then? Out here in The Woods, decrepit olds cars abound, left to rot in the backyard. The same fate awaits even shiny six figure Teslas. Which – one day – will be paint-blotched old hoopties left to rot – and leak – in someone’s back yard. Only instead of one roughly 45 pound led acid battery leaching into the earf, it’ll be 400-plus pounds of life-unfriendly compounds.

Does anyone care? Shouldn’t “environmentalists”?

Electric cars, by the way, also produce C02. In fact, they produce more “climate changing” C02 than a conventional car. Not at the tailpipe, perhaps.

At the smokestack.

At the “tailpipe” of the coal and oil-fired utility plants that generate the electricity which powers electric cars. If hundreds of thousands – if millions – of these electric cars are put into circulation, the demand on the grid will be great and the output of C02 even higher.

What then?

The press does not ask such questions. Instead:

“Demonstrating demand” . . . so reads the subhead in the Automotive News propaganda piece.

And yes, again, propaganda.

Words matter. Using certain words conveys a certain meaning. People who deal in words professionally know this, instinctively. As the hawk knows how to dive.

“Demonstrating demand” is a statement, as if of fact, that an entirely fictitious and fraudulent thing is the same thing as the real thing.

Government buying things isn’t “demand” anymore than one is a “customer” of the IRS.

Whatever “demand” is created, is artificial – dependent on wealth transfer, on the coercive power of the government. It is the same sort of “demand” that built the Volga canal in Stalin’s Soviet Union.

Automotive News quotes – without comment – a statement made by a Seattle bureaucrat named Chris Bast, who is a “climate and transportation policy adviser” to the city of Seattle:

“If you build it, we will buy it.”

He means: If the government forces car companies to build electric cars, the government will force taxpayers to buy them. This, of course, is not translated thusly.

The loathsome “news” article concludes:

“Tailpipe fumes (my italics) are crucial in the fight to stop global warming.”

The illiteracy is almost as striking as the dishonesty – or the imbecility, you decide which.

Note the conflation – the inert, non-reactive gas (C02) is now a fume. And it is “crucial” in “the fight to stop global warming.”

Not the galloping unchecked assumptions; the blithe acceptance, as of gravitation, of the political “science” of “global warming.”

The awful construction would be enough to make my teeth feel loose. But the oily proselytizing is just too much.

And they ask me why I drink . .

The Exchange Stabilization Fund – What Is It?


US Treasury Bldg

Apparently, some people have discovered the Exchange Stabilization Fund and are now touting this as some major power in manipulating the world economy. This is simply an emergency reserve fund of the US Treasury Department, which is typically used for foreign exchange intervention. This arrangement really goes back to the birth of the G5 and is the alternative to having the central bank intervene directly in foreign exchange. This is a Treasury function, which allows the US government to try to influence currency exchange rates without affecting domestic money supply created by the Federal Reserve.

Unlike those who are trying to sell newletters touting this as the new great manipulator, it holds less than $125 billion in funds which includes special drawing rights (SDR) from the International Monetary Fund. Trust me, there is no such great power that can manipulate the world economy. They have done their best to try to prevent the dollar from rising. They will fail as they did in 1987 and every other attempt to peg currencies. They are INCAPABLE of altering the capital flows.

Are Cycles Universal or Regional?


PopulationOfRome

QUESTION:  I have a question regarding cycles. You provide some very detailed, historic references showing why certain events are occurring now (again). Is there a disposition for something that occurred in the past to be destined re-occur for a particular region/country (i.e. Greeks abandoning property due to excessive taxation) because it happened once and now the propensity to repeat that causal action again is “in their DNA”. Is that something we as Americans do not yet possess because we have not been around long enough to experience a “fall of Rome” type event?

SM

ANSWER: Cycles are based upon two element – (1) nature and (2) human nature. Some regions will be prone to natural disasters while others are not. Ironically, many of the best ports where cities grew such as Tokyo and San Francisco just as examples, were great harbors because of earthquakes. The landscape in California is strikingly beautiful compared ot the flat plain in Oklahoma, again because of earthquakes. The rocks that appear in Central Park in New York City are there because an earthquake fault runs through New York City making the harbor what it was. Hence, there are cycles that impact only on a regional basis due to nature.

With regard to Greeks walking away from inheritance because they cannot pay the tax, this is inherent to all societies when government goes too far. They imposed harsh laws in Vancouver against foreign real estate buyers and the market crashed. Because it was a local law, they moved to Victoria and Toronto. In Australia, they are seizing properties own by foreigners and selling them off. All of these types of interventions are reactions to events set in motion externally.

realestate

That said, this is the US cycle for real estate as a national whole. I just bought a house in Florida at about 50% of its 2007 high value. Trophy spots for the high end where people are just parking money we warned would make new highs going into 2015.75 – but that is not the bulk of the market. Why is the US market (minus trophies) down hard when that is not the case in other countries? The difference is the regional issue. In the USA, many people have 30 year mortgages. In Canada, the best you can get is a 10-year fixed mortgage. In Germany, you can get up to a 15-year fixed mortgage.

We must understand that property values are LEVERAGED, so if the money for fixed rate loans dries up because of interest rate hikes and political uncertainty, then real estate prices MUST fall. This is all because of the leverage that was deliberately injected into the real estate market during the Great Depression for property fell  in value so far, only cash buyers could buy anything. Farm land fell in value to below what it was sold for by the government more than 80 years before.

Real estate is different from stocks and gold. Yes it is a place to park money. However, be careful because without mortgages available, it falls further than other tangible assets because it has been LEVERAGED! Moreover, it is a fixed asset meaning you cannot leave with it. Therefore, people are forced to simply walk away when (1) the tax burden is too high and (2) there is war and the region is being invaded.

NY Times First Reported Trump was Wiretapped Back in January


NYT Jan 20 2017 Trump Wiretap

The New York Times print story on the front page of January 20th, 2017 read: “Wiretapped Data Used in Inquiry of Trump Aides”. Of course now, the New York Times is trying to downplay that story simply because Trump said Obama had wiretapped his campaign. Since “wiretapped data” was being used to investigate President Trump’s associates and they are going over those conversations, it seems self-evident that someone has the recorded conversations. INFOWARS is reporting that have evidence now of the wiretapping from a law enforcement source. How is it possible to go over conversations to investigate if any of Trump’s people spoke to Russians without recording those conversations?

McCain IncidentThe two Republicans who are trying to dethrone Trump I have stated are two men I would not shake hands with. John McCain, when a Lieutenant Commander in the U.S. Navy as a Navy pilot, played a hog-dog maneuver on July 29, 1967 that killed 134 sailors. McCain while on the deck of the carrier U.S.S. Forrestal, pulled a trick by doing a “wet start” up of his jet to show off. This created a large startling flame and sudden shocking noise from the rear of a jet engine. He also seems to have apparently armed a weapon that resulted in launching a powerful Zuni rocket across the carrier’s deck hitting other parked planes. The subsequent massive explosions, fire and destruction went several decks below and nearly sunk this U.S. aircraft carrier. This stunt resulted in the deaths of 134 sailors and seriously injure another 161 sailors blinding some.

McCain JohnAny other Navy pilot causing this type of death and destruction would have been grounded and charged. Not McCain. For you see, his grandfather was a famous FOUR STAR Navy admiral and his father was at the time a Navy FOUR STAR admiral. McCain was simply transferred and everything was covered-up. What is alleged thereafter is on a mission is that he was disliked by other pilots and they deliberately left him out to get shot down.

Wikipedia, not a reliable source to say the least, says: “During the Vietnam War, he was almost killed in the 1967 USS Forrestal fire. In October 1967, while on a bombing mission over Hanoi, he was shot down, seriously injured, and captured by the North Vietnamese. He was a prisoner of war until 1973. McCain experienced episodes of torture, and refused an out-of-sequence early repatriation offer. His war wounds have left him with lifelong physical limitations.”

This paragraph is added by Centinel2012, I have heard the McCain’s stay in the Hanoi Hilton was not as bad as claimed and that while there his nickname was “songbird” I’ll leave it to the reader what that means. I have also heard from a sailor that was on the Forrestal that the above incident is true, although there is a minor deviation which Doesn’t change the story but what happened afterwards.

John McCain is no conservative, which has been his complaint against Trump. McCain voted to tax the internet. He wrote in correspondence: “On May 7, 2013, I voted to support the Marketplace Fairness Act because this bill will ensure that sales tax is collected on all purchases, regardless of whether in a brick and mortar retailer or through internet transactions.”

The other Republican trying to stop Trump is none other than Lyndsey Graham who sponsored the  Act that allows the government to arbitrarily imprison you without a trial or a lawyer. All they need do is claim you were associated with “terrorism”. However, the definition of “terrorism” has expanded to anyone who resists government domestically as well. Members of the protest in Oregon protesting against the government has had the Washington Post asking – Why aren’t we calling the Oregon occupiers ‘terrorists’? Lyndsey Graham has unleashed the very tool that has wiped out the Constitution with changing the definition of a single word.

Humpty DumptyThese are the two Republicans trying to say Trump was not “wiretapped” but implying that there was no surveillance at all in any form. Yet Acting Attorney General Sally Yates, James Clapper and John Brennan, warned Trump that Michael Flynn did speak to Russian about the sanctions. They had access to those recorded conversations. What is stunning is how now everyone has amnesia about Flynn or how is it possible to investigate conversations if they do not have them?

It just appears that government is just so corrupt, there is nothing much we can do but just watch. Sooner or later, Humpty Dumpty will fall and nobody can put him back together again. This is part of the critical key to a Phase Transition. Such moves take place when people lose all trust and confidence in government. We are getting there.

Senator Diane Feinstein Hints That Trump May Resign: “I Think He Is Going To Get Himself Out”


Tyler Durden's picture

Authored by Mac Slavo via SHTFplan.com,

It’s no secret that there is a concerted effort underway to do everything possible to remove President Donald Trump from office.

From Russian ties to business conflicts of interests, both Democrats and Republicans are actively working to find chinks in the President’s armor.

But for those with hope of change in their hearts, Democrat Senator Diane Feinstein says there is a possibility that Trump will eventually remove himself from office by filing his own resignation.

Speaking to a crowd during a town hall-style Questions and Answers session, Feinstein was asked how Congress is going to deal with Trump’s alleged illegal activities:

Journalist: We don’t know what’s happening but we know that he is breaking laws every day, he’s making money at Mar-a-lago, he’s getting copyrights in China, he has obvious dealings with Russia, the Dakota pipeline… there’s some many things that he’s doing that are unconstitutional… how are we going to get him out?

Feinstein: We have a lot of people looking at this… Technical people… I think he’s going to get himself out… I think sending sons to another country to make a financial deal for his company and then have that covered with government expenses… I think those government expenses should not be allowed.. we are working on a bill that will deal with conflict of interest… it’s difficult…

There are Videos of Feinstein speaking to what appears to be a local press pool of reporters and protesters where Feinstein discuss Trump’s conflicts of interests, and also who Feinstein husband’s firm directly benefited from bills she voted into law, proving once again that the hypocrisy of socialist Congressional representatives from California has no bounds…

Judge Allows Class Action Lawsuit Against City of San Jose by Attacked Trump Supporters…


Source: Judge Allows Class Action Lawsuit Against City of San Jose by Attacked Trump Supporters…

John McCain – The Rise And Fall Of An American ‘Hero’


Tyler Durden's picture

Authored by ‘Vaniam’ via The Burning Platform blog,

This is an Arizona patriot’s unique view on John Sydney McCain

As of late, we the people of Arizona are very shocked to see what he has become. He is a caricature of a man who, around here, is about as popular as the ping-pong president. How could the people of Arizona, the state that brought you the O.K. Corral, the Grand Canyon, constitutional carry, and sunshine 360 days a year re-elect such a steaming lumpen pile?

The truth is that Arizona like many other states is really two states, Arizona the free and Arizona the slave. The free side is much how you would imagine a free and prosperous state. Resplendent and sublime examples of the master artist’s work are everywhere. The people out here are old school salt of the earth. Cowboys get along with Indians, bikers get along with hippies, liberals with conservatives. Its a place, as my venerated 77 year old neighbor once said to me, “everybody knows everybody’s business but minds their own.” People are kind and polite, willing to help a stranger.

The down side of Arizona is Maricopa county, or as we call it out here, “the late great state of Maricopa,” which is Phoenix and the metro areas surrounding the capitol. The geographic area is roughly ten percent of the land mass but over sixty percent of the human population. This creeping concrete jungle is dependent on the good grace of the rest of the state for its water and power.

As of late it seems this mini metropolis has been infected with the Soros self destructing ideals of wholly owned politicians, defective voting machines, and a spike in immigrants from places where we can’t even say their names. There is a mountain of circumstantial evidence that Maricopa county is compromised as far as elections go. Do you really believe that Sheriff Arpio lost the election to a cop who has always been pro illegal immigration? Or that local reported irregularities, in mainly democrat controlled precincts, somehow did not favor the Soros-Obama machine. I know, fake news right?

I have some pretty vivid memories of growing up in Arizona. We were still part of the wild west, all our roads and days seemed to stretch before us beyond the vast horizon. America still seemed on the ascendancy even though looking back we had probably reached our peak years before my birth. Even after watching in horror as we bugged out of Saigon and dumped our helicopters into the bottom of the ocean we still believed in hero’s.

In the early 1980’s the people of Arizona were sold on the heroism of John Sydney McCain. McCain moved to Arizona and was sold as a hero. The powers that be needed him to replace a genuine hero, Sen Barry Goldwater. Had we the people known at that time about his multiple affairs, divorcing his disabled wife, and marrying a beer heiress for her fortune and political connections, he would have never won his first race. The people of Maricopa county at that time were not soft shoe, plaid pants, neo cucks like the majority are today.

I will never forget McCain speaking to my high school during his first campaign. After his little speech it was opened up for questions. Most were along the lines of ‘do you like Coke or Pepsi best?’or some other inanities. When my turn came I stood up and asked “Will you give us your word as an officer and a gentleman that you are not now or will never be a member of the trilateral commission or any other organization which gives away American sovereignty?”(I was a political junkie even as a kid.) After being somewhat stunned at the question his answer was along the line of ‘Of course I would never do anything that goes against the constitution’ yada, yada, yada.

If McCain was ever a maverick looking out for the peoples’ interests this illusion came to an end once he went to the senate. He immediately started to hang out with some of the earliest known swamp creatures. Receiving over one million dollars from land swindlers who cost taxpayers over three billion dollars (in 1980’s dollars) in what many experts claim led the southwest United States into a major recession. It also cost thousands of retires their life savings which they thought were safe in real estate backed bonds. This was the beginning of the long swath of destruction that the not so honorable gentleman from Virginia continues to leave in his wake, without a clue (or a care) for the people of this world he harms.

Doddering old fool or criminally insane madman?

Insanity or madness can be described as becoming a danger to oneself or others. We can certainly prove beyond a shadow of a doubt that McCain is a danger to others. Just ask the relatives of the tens of thousands dead from the endless wars, or the relatives of the 6000 plus American KIAs in the last fifteen years. As far as being a danger to himself we may never know unless and until some brave hacker shows us how John spends his spare time. McCain has done America dirty in so many ways over the decades. We need an encyclopedia to document it all. So we will just go over some of the more egregious recent examples.

During the last government shut down Obama closed memorials and parks that belong to we the people. This was done as a mean spirited, vindictive maneuver that especially hurt WW2 vets coming to DC to see the new memorial dedicated to them. These men, who are almost all gone, were denied what to them what would have been a great honor. Some lowly park rangers put up puny little show gates for the media, that denied access to the veterans. Despite his office being hammered with calls telling him to fix this, McCain refused to do the honorable thing. He did nothing. He couldn’t be bothered. Had he shown up and demanded the veterans be allowed in he would have done a thing of a truly non partisan nature, and in some ways been heroic. Now the stain of this incident will follow him the rest of his days.

The Phoenix VA is the worst in the country. As the senior Senator on the Armed Services Committee, McCain bears full responsibility for this. Again if he had acted as an honorable man, made sure more people were fired not just given their golden government parachutes we might be going in the right direction to fix this deplorable situation. It has been 6 to 12 years (depending on your perspective) since the problems with the VA began to come to light. The waiting lists still exist. Men and women who picked up the phone when Uncle Sam called them up are still second fiddle to a self feeding, self promoting parasitic bureaucracy.

It is well documented that McCain and his little buddy have armed and funded ISIS. Many pictures of them exist yucking it up with those who would do us harm. As if we didn’t have enough enemies already it seems we need more. All in the name of full spectrum dominance by our deep state uni-party.

Presently McCain is trying to force us into an unnecessary confrontation with the Russian federation. McCain also wants war with China, North Korea, Syria, Iran, and Ukraine. McCain seems to have no concern, compassion or remorse for the tens of thousands of deaths he has been responsible for. This madness has gotten out of hand. It has created an endless loop of more death, destruction, collateral damage, and rapefuges. Throw in some reconstruction projects for his cronies a little global insecurity and a dash of ignominy on our once highly esteemed fighting forces and it becomes clear why the whole world hates us.

In light of McCain’s 35 years of “service,” after 16 years and over 6,000 military deaths from these endless wars, it might just be time to rethink our strategy. If the New York Don can keep landing blows against the fake media, as he wins a few more hearts and minds, at some point the governor of the universe may once again see America as worthy of the eternal blessings of liberty, then divine providence will enable us to smite this vile depravity known as the deep state uni-party.

McCain needs to go to all 152 homes in Arizona who have lost loved ones in the endless wars. Starting at my friends house, his 22 year old son was killed by an IED near Taji Iraq in 2006.McCain should kneel and grovel in each darkened doorway with his face down buns up, begging forgiveness from the families of his victims.

Seriously dude 35 years is a long time. Any “good work’ you might have done at one time has long since been nullified by the endless war years. If you haven’t achieved whatever it was you originally set out to do, at 80 years old you never will.. If you haven’t amassed all the filthy lucre your family will need after your gone I am afraid you are out of luck.

From Centinel2012, A lot of Nam vets don’t think McCain is a hero — he has been very good at covering his questionable past; E.G why is his nick name “songbird?”

Deutsche Bank: “The Probability Of A Negative Shock Is High”


Tyler Durden's picture

For the second week in a row, Deutsche Bank’s strategist Parag Thatte has a somewhat conflicted message for the bank’s clients: on one hand, he writes that positive economic surprises continue “but are getting less so”, and although the divergence between har data surprises and sentiment is diminishing the bank is somewhat confident that a “pullback in the very near term is unlikely” (here DB disagrees with Goldman Sachs). However, Thatte is increasingly hedging, and notes that because a “rally without a 3-5% sell-off that is typical every 2-3 months is now running over 4 months and is in the top 10% of such rallies by duration”, he cautions that “the probability of seeing a negative shock is high” especially since Q1 buyback blackout period has begun.

Here are the key observations from the Deutsche Bank strategist:

  • The equity market rally has been going uninterrupted for a long time, driven by the unusual resurgence of positive data surprises. Strong data surprises drove equity inflows and fund positioning, adding to the steady support from buybacks. An expectation that positive data surprises were likely to persist underpinned DB’s call 2 weeks ago that a pullback was unlikely in the very near term. The bank takes stock of the current situation below:
  • Duration of rally now in top 10%. The rally without a 3-5% sell-off that is typical every 2-3 months is now running over 4 months and is in the top 10% of such rallies by duration.

  • Data surprises positive but getting less so. While incoming data in the last week has continued to surprise to the upside relative to consensus, it has done so at a more modest rate and DB’s data surprises index, the MAPI, is now declining off its highs.

  • Divergence between sentiment and hard data surprises diminishing. Attention has focused on the divergence between sentiment data which has run up strongly and hard data which has so far lagged. In terms of surprises, i.e., relative to what’s priced into consensus forecasts, hard data surprises have fallen back to neutral over the last two weeks, while sentiment surprises have declined this week but remain elevated. The surge in sentiment data is getting built into consensus forecasts and sentiment surprises also moving down to neutral over the next 3-4 weeks.

  • Fund positioning already trimmed in line with neutral hard data surprises. US funds have already been trimming equity exposure for the last three weeks in line with the decline in hard data surprises suggesting funds may already be anticipating a modest slowdown in overall data. Real money equity mutual funds are already close to neutral but asset allocation funds and long-short equity hedge funds are still overweight. Macro hedge funds are exposed to short rates positions in our view, not long equities.

  • Inflows accelerate. The pace of US equity fund inflows has accelerated over the last 4 weeks ($36bn). However flows have been closely tied to overall data surprises and could start to moderate in turn.

  • Buyback blackout period has begun. Heading into the Q1 earnings season, the pace of buybacks will slow as an increasing number of companies enter earnings blackout periods starting this week.

* * *

DB’s summary take on near-term equity moves:

Continued muddle through most likely in the near term. The fundamental drivers as well as demand-supply considerations for equities point to a continued muddle through in the near term. However history suggests that with the duration of the rally already in the top 10% by duration, the probability of seeing a negative shock is high. But the medium term outlook remains robust with the unfolding growth rebound having plenty of legs while from a demand-supply point of view flow under-allocations to US equities and robust buybacks remain very supportive.

* * *

Away from equities, the picture in rates, commodities and currencies based on trader flows is as follows:

  • Oil falls but still expensive and long positioning still elevated. Following the November OPEC supply-cut announcement oil prices became very expensive on our medium term valuation framework for oil and commodities based on the trade-weighted dollar and global growth (Trading The Commodity Underperformance Cycle, Apr 2013). The decline in oil prices over the last two weeks has trimmed the extent of overvaluation but leaves oil prices slightly above the upper-end of the historical 30% overvaluation band which has marked extremes (currently $48). Net long positions are off of recent record highs but remain quite elevated.
  • Extreme short positions remain an overhang for rates moving up. Bond yields fell sharply after the rate hike this week much like they did after the December one. While real money bond funds remained close to neutral going into the FOMC this week, leveraged funds shorts in bond futures remained near extreme highs. Outside of HY funds which saw a large outflow as oil prices fell this week, bond funds have continued to receive robust inflows. Indeed duration sensitive funds have this year completely recouped all of the outflows seen in the aftermath of the elections.
  • Gold valuations stretched again. Gold prices have rallied on the back of a return of inflows into gold funds this year reversing the modest outflows in Q4. Massive cumulative inflows since early 2016 ($40bn) remain an overhang. Gold longs had been declining heading into the FOMC meeting. Gold prices have again disconnected sharply to the upside from the historical drivers of the dollar and the 10y yield as well as global growth. Copper long positions continued to slide for a 6th straight week.

  • Shorts in the Mexican peso, the best performing currency this year, have collapsed to neutral. Mexican peso shorts fell sharply last week to the lowest levels in over 15 months as gross shorts fell sharply while longs also rose. Aggregate long dollar positions had been rising going into the FOMC meeting reflecting rising shorts in the yen and sterling even as euro shorts were pared.

After Creating Chaos For Brand Starbucks CEO Howard Schultz Steps Down – Preparing For 2020 White House Bid?…


Source: After Creating Chaos For Brand Starbucks CEO Howard Schultz Steps Down – Preparing For 2020 White House Bid?…