If Freeman Dyson states that Global Warming is not caused by man than the argument is settled.


Top Physicist Blasts Global Warming as an “Agenda-Driven” Issue

FREEMAN-DYSON-large570

Freeman Dyson, one of the top theoretical physicists who was a contemporary of Einstein at Princeton, has come out to blast the global warming crowd, stating bluntly that this is simply what he describes as an “agenda-driven” perspective on global warming. ANYONE who has any integrity whatsoever knows that the laws of thermal dynamics dictate that there MUST be a cycle. This group is ignoring this fact because they have been intellectually dishonest and all about raising money for government.

Unemployment is low in the US because it is no longer necessary to work and of those that do work a very high percentage is government related this can not continue much longer.


IMF Warns Saudi Arabia May Go Bankrupt by 2020

IMF-Logo

The IMF has come out and warned that Saudi Arabia may go bankrupt within the next five years if the government maintains its current spending habits. Some emails are asking if the IMF is now copying our projections for they have the same timing. Who knows. I would assume the economic numbers are the numbers, but they do seems to be getting bolder in their forecasts.

There are 30 million people living in Saudi Arabia, but only 5.5 million are actually employed. Out of the 5.5 million people in the workforce, 3 million of them work for government, which is part of the problem. Most financial jobs are given to imported foreign labor. The crisis in Saudi Arabia long-term is that they are following the same model as Spain. True, Spain and its treasure ships from America made it the wealthiest nation in Europe. But they squandered their wealth and failed to invest domestically to create an economy. French were imported to unload ships and the Spanish simply enjoyed life. In the end, their spending habits led to the country defaulting on its debt seven times.

Things have changed. In the Middle East, governments simply spent money for there was no end in sight. Then oil prices dropped after they bumped up their spending and now the revenues are collapsing.

Things are changing out there on this cycle. The USA peaked softly in 2015.75, but the rest of the world peaked in 2007 and has been declining (including China). The USA recovery has been very shallow. We see high-end real estate and the share market at new highs, but not wages or middle class housing in most areas. So the slide from here will be much different than anything we have experienced in our lifetimes.

The problem with Government is that at some point it has to take all the peoples income; that point is coiming here very soon!


Quantitative Easing & the Nightmare It Has Created

Germany_bonds

 

While so many people claimed that Quantitative Easing (QE) would produce inflation for it was the creation of money, the truth is very far from this simplistic idea. The theory used by the central banks is seriously flawed and throw-back to ancient times before 1971. There use to be a difference between debt and cash when you could not use debt as cash to borrow on. Then it was less inflationary to borrow than to print. But that changed post-1971 and today if you want to trade you post TBills as cash. The REPO market has emerged where AAA securities can be borrowed against for the night.

Therefore, buying in bonds to inject cash into the system under the old way of running the monetary system pre-1971 made sense. Today, it is proving to be a FOOL’S GAME. Why? This is merely swapping debt for cash and the REAL money supply has not increased when the true definition of the base money supply in effect reality is debt + cash. Then you add the leverage from banking.

Draghi-Lagarde

So what does this new reality mean? This is why the BONDS may not crash but instead become extinct. Under QE the central banks are the bidder supporting the market in the same stupid manner as attempting to peg a currency. The ECB under Draghai has lost its mine. They keep increase the percentage of bonds they are buying in hopes of creating inflation but nothing is working. The bonds will not crash, but instead, they could become extinct. In order for a crash to materialize, there has to be a free market.

CBDisCntRate-USA-M 1925-1955

Little known to most analysts was that during World War II, Congress ORDERED the Federal Reserve to do something similar to QE. The declared the Fed MUST support the bond market during the war and be the constant buyer at PAR. The market went sideways during the war and what we see is a flat line. ub1798-y-ma

 

In the case of the central bank artificially supporting the bond market during World War II, that decree was lifted in 1951. Our present situation is different insofar as the central banks have bought in all the long-term debt so there is a shortage of debt in the short-term. This is also why the Fed is accommodating the banks paying 0.25% on excess reserves.

Rubik-CubeIn trying to figure out this Rubic Cube mess they have created trying to cunning and stalking the financial market like a cat, the truth is rather scary. The rise in taxation is destroying the economy. Ancient Egypt is considered by some to have been the most heavily taxed nation in history and this was the primary reason it collapsed under the weight of the levies imposed on the populace that destroyed its economy weakening the nation from the inside out.

TAX-CYC

This time, unlike 1951, we are at the extreme in economic destruction by the state in their hunt for taxes. Payroll taxes were just introduced for the war. It was postwar when taxes were reduced in 1951 and the economy began to take off. We are exactly on the opposite side of the curve with rising taxes. This warns that we are in a collapsing side of the Bell Curve.

Tax-Curve

It is like alcohol. A little is good and too much kills you. Studies have shown that people who drink a little are healthier than those who drink too much or none at all. This time, with taxes rising, there is a contracting global economy and we are in serious trouble, The central banks have bought in the debt rather than declaring they will support the market. This means that they will not have a market to reverse the position and sell the debt they bought in. This means that a sovereign default wipes out central banks as well. Hence, the long-end of the market is being systematically rendered extinct.

We may see the bonds crash in price to the extent that people are not interested. However, the central banks will have to buy in more and more debt. This raises the risk of “conversione forzosa” whereby even if you bought 30 day government paper, they simple decree they will not repay that obligation for 10 years. They can simply convert short-term to long-term. We are more likely to see this type of action before any real reform.

Coming soon No Market for Long Bonds!


The Bond Crisis & 2015.75

ECM2015-2020

Some people have wrongly expected a crash in the long bonds. What has actually happened is that China and others have sold into the high, liquidating their long bonds, and moving short-term. This is why rates are negative on the short-end. The CRASH comes in the opposite direction this time. Why? Because the central banks have engaged in Quantitative Easing. The ECB (European Central Bank) stepped up its buying of long-term debt to hold the market from 25% to 33%. Smart money is not interested in buying long-term paper, especially when the Fed keeps warning that they MUST normalize interest rates, i.e. raise rates.

So whom has the bonds and will take the loss? Guess who? The central banks. They are loaded to the gills and cannot sell the long-bonds they bought. There is no bid. In this debt crisis, there is no bid for debt, which is typically how empires, nations, & city-states collapse.

The system is now highly geared and we will see in the months ahead that short-term rates rise when people begin to wake up and realize that this system is failing. The U.S. Congress tried to push the debt ceiling from the September 30 deadline, which was precisely the day of the ECM – 2015.75. They could not make it out to December. There is a war within Congress and this is critical, for if the debt ceiling fight gets much worse, then we may indeed begin to start the perception that this is not going to look very pretty the further we move from 2015.75.

Politicians use Taxation to destroy a country, for personal gain!


How to Create A Fairer System

 

Image result for facebook

QUESTION: Mr Armstrong,

I am an avid fan of your site and thoroughly enjoy your posts.

As much as I am against tax, would you not agree it’s rather sick that a company the size of Facebook paid out less tax than I did last year?

http://www.bbc.co.uk/news/business-34504474

I know you advocate a tax on sales, but in the UK we already pay VAT on goods.

Any suggestions on a fair system?

Many thanks for all your work.

Regards,

G

ANSWER: This is the problem with taxation. Major public corporations can move their tax domicile offshore to avoid taxes legally. The average person cannot move his labor offshore to lower his taxes, which is a disadvantage we must address with tax reform. With VAT, that is far worse than a sales tax. Every person in the chain must collect and file paperwork. It must require three times the number of people to administer such a system compared to a point of sales tax collection.

But that issue aside, there should be ABSOLUTELY NO income taxes whatsoever. That not only eliminates government having to track everything, but it also eliminates the whole movement of capital solely for tax purposes. This is unfair, for the average person cannot send their labor offshore to avoid taxation without moving. Even then, that would only get an American the first $100,000 tax-free; after that, it would be subjected to U.S. income tax.

The Founding Fathers of the United States revolted over taxation without representation. We are back to that now, for we are being taxed to pay interest to service debts from the last two generations. We had no right to vote on that spending, which took place before we were born. This is not a democratic process.

There should be ONLY a retail sales tax EXCLUSIVELY for local government. Federal government should be prohibited from imposing ANY tax and it should be barred from borrowing money. The local tax will naturally be checked by the free market, for if they keep raising taxes, businesses will move to the next town and there goes the jobs. This will help to restrain government on a more practical level.

Moreover, there should be NO PUBLIC SCHOOLS. All schools should be private for then there will be no mismanagement, crazy pension failures, or tax hikes to line their pockets. Schools should be by voucher and run by private industry just like Catholic schools, which were always known for having better education in the States.

It is the teachers and their unions who have ruined society, as taxes are imposed on property and people cannot afford to retire in their home where they raised a family. They are forced to sell because they cannot afford taxes that never stop and only rise. PROPERTY TAXES must also be abolished.

Our problem is the total mismanagement of government. They promise and award themselves all sorts of perks, which reduces the quality of life for everyone else. We must look at the cause and that is the seriously flawed design of the financial-economic-governmental system.

Analysis of Global Temperature Trends, September, 2015 What’s really going on with the Climate?


The analysis and plots shown here are based on the following: first NASA-GISS temperature anomalies (converted to degrees Celsius so non-scientists will understand the plots) as shown in their table LOTI, second 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, lastly, a plot based on an alternative climate model designated ‘PCM’ and based on a sensitively value of 0.65O Celsius.

An explanation of the alternative model designated, PCM, is in order since many have interpreted this PCM model as a statistical least squares projection of some kind. Nothing could be further from the truth. A decade ago when I started this work 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 in my undergrad geology and climatology courses in 1964.

The following observations give a starting point to any serious study. First, there is a clear 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 about 21,000 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. Lastly we also know that there are greenhouse gases such as carbon dioxide. 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.

The core problem with the current climate change theory is that the IPCC still uses the NAS 3.0O Celsius as the sensitivity value of carbon dioxide and a number in that range is required to make the IPCC GCM’s work. The problem with using this value is it leaves no room for other factors and hence the need of the infamous hockey stick plots of the IPCC from Mann, Bradley & Hughes in 1999. The PCM model is based on a much lower value for carbon dioxide consistent with current research. This places the value between 0.65O and 1.5O Celsius per doubling of carbon dioxide. If the long and short movement in temperatures and a lower value for carbon dioxide are properly analyzed and combined a plot that matched historical and current (non manipulated) NASA temperature estimates very well can be constructed. This is not curve fitting.

The PCM model is such a construct and it is not based on statistical analyses of raw data. It is based on creating curves that match observations (which is real science) and those observations appear to be related to the movement of water in the world’s oceans. The movements of ocean currents are well documented in the literature. All that was done here was properly combine the separate variables into one curve which had not been previously done, to my knowledge. Since this combined curve is an excellent predictor of global temperatures unlike the IPCC GCM’s, it appears to reflect reality a bit better than the convoluted IPCC GCM’s, which after the past 19 years of no statistical warming have been shown to be in error.

Now, to smooth out highly erratic monthly variations a 12 month running average is used in all the plots. This information will be shown in four tables and updated each month as the new data comes in about the middle of the month. Since no model or simulation that cannot reasonably predict that which it was design to do is worth anything the information presented here definitively proves that NASA, NOAA and the IPCC just don’t have a clue.

Note, starting in late 20014 and continuing to the present NASA has made major changes to the way they calculate the values used in their table LOTI. These changes have significantly increased the apparent global temperatures (political reasons) and these changes are not supported by satellite data; sp they are probably not real. This paper uses the questionable NASA data since it is all that is available at this time. Prior to this “change” the PCM plot showed almost no error for NASA data as can be seen in the plots posted here last year.

NASA CHEATING 03

The first plot, UL is a plot of the NASA temperature anomaly converted to degrees Celsius and shown in red with a black trend line added. There has been a very clear reversal in the upward movement of global temperatures since about 2001 and neither the UN IPCC nor anyone else has an explanation for this 13 years later. Since CO2 has continued to increase at what could be argued an increasing rate, this raises serious doubts about the logic programmed into all the IPCC global climate models.

The next plot UR, also in red, shows the IPCC estimates of what the Global temperature should be, based on Hansen’s Scenario B, with the NASA actual temperatures’ subtracted from them. Therefore this plot represents a deviation from what the Climate “believers” KNOW what the temperature should be; with a positive value indicating the IPCC values are higher than actual and a negative value indicating the IPCC values are lower than actual, as measured by NASA. A black trend line is added and we can clearly see that the deviation from expected is increasing at an increasing rate. This makes sense since the IPCC models project increased temperatures based primarily on the increasing level of CO2 in the earth’s atmosphere. Unfortunately, for them, the actual temperatures from NASA are trending down (even as they try to hide the down ward movement with data manipulation) since other factors are in play, therefore each year the gap between them widens. Since we have 13 years of observations’ showing this pattern it becomes hard to justify a continuing belief in the IPCC climate models, there is obviously something very wrong here.

The next plot LL shown in blue is based on the equations in the PCM climate model described in previous papers and posts here and since it is generated by “equations” a trend line is not needed. As can be seen the PCM, LL, and the NASA, UL, trend plots are very similar the reason being that in the PCM model, there is a 68.2 year cycle that moves the trend line up and then down a total of 0.30O Celsius (currently negative .0070O Celsius per year); and we are now in the downward portion of that trend which will continue until around 2035. This short cycle is clearly observed in the raw NASA data in the LOTI table going back to 1868. Then there is a long trend, 1052.6 years with an up and down of 1.36O Celsius (currently plus .0029O Celsius per year) also observed in the NASA data. Lastly, there is CO2 adding about .005O Celsius per year so they basically wash out, which matches the current holding pattern we are experiencing. However within a few years the increasing downward trend of the short cycle will overpower the other two and we will see drop of about .002O Celsius per year and that will be increasing until till around 2025 or so. After about 2035 the short cycle will have bottomed and turn up and all three will be on the upswing again. These are all round numbers shown here as representative values.

The last plot LR in blue uses the same logic as used in the UR plot, here we use the PCM estimates of what the Global temperature should be with the NASA actual temperatures’ subtracted from them. A positive value indicates the PCM values are higher than actual and a negative value indicates the PCM values are lower than expected. A black trend line was added and it clearly shows that the PCM model is tracking the NASA actual values very closely. In, fact since 1970 the PCM model has rarely been off by more than +/- 0.1 degrees Celsius and has an average trend of almost zero error, while the IPCC models are erratic and are now approaching an error rate of +0.5O above expected.

Note: Since I first started posting this monthly analysis a year and a half ago NOAA and NASA were directed make the global temperatures fit the political narrative that the planet was over heating and something drastic need to be done right now. The problem was as shown in this analysis the “real” world temperatures were not at the level that the IPCC GCM’s said they should be. Major adjustments to the data have been made that give the illusion that temperatures are going up even though they are not. However, as this analysis shows even with the manipulation that has destroyed all credibility from NOAA and NASA they cannot get the global temperatures even close to what their false theory claims they should be.

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 move in much longer cycles. 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 would look like from the year 1000 to the year 2300. The plot matches reasonably well with history and fits the current NASA-GISS table LOTI date very closely, despite homogenization. I understand that this model is not based on physics but it is also not 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 into the foreseeable future. 150 years from now global temperatures will peak at around 15.5 to 15.7 degrees 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 between 1.0 and 1.5 degrees C which is about the same as that of the long cycle.

Carbon Dioxide is not capable of doing what Hansen and Gore claim!

NASA CHEATING 04

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 means there will be such a resolution presented at the COP12 conference in Paris in December. To support this NASA will be forced to show ever increasing global temperatures for the rest of 2015 that will make less and less sense based on observations and satellite data which will all be dismissed or ignored.

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.

NASA, Making the World Warmer than it really is!


During the last quarter of 2014 I noticed a change in the NASA-GISS data being published for Global temperatures. Many others had also noticed that NASA’s numbers were at odds with the published satellite data for global Temperatures as the satellite data was sowing no increase and the ground data published by NASA were showing increases. It should be noted that even the manipulated NASA numbers were almost a half degree Celsius lower than what the IPCC climate models claimed it should be indicating that something was wrong with the Global Climate models (GCM’s)

Although the changes being made to the global temperatures by NASA were noticeable they were not going to be enough to come close the IPCC projections so why was this being done? A closer look at the newer numbers verses the older numbers gave a clue as to why the change was being made; and the reason was that in December 2015 there was going to be a Climate conference held in Paris with the stated purpose of agreeing to a new binding climate treaty on the worlds carbon polluters since the climate models were predicting that global temperatures would exceed a 2 degree Celsius limit that had been established a number of years ago. That limit had no basis in fact and the climate models have already been proved to be in error so since the real science was not cooperating with the political science something needed to be done to support the binding climate tax that was going to be presented at the COP21 conference and that Obama was going to take to the UN for approval.

The 2015 United Nations Climate Change Conference, COP21 or CMP11 will be held in Paris, from November 30 to December 11. It will be the 21st yearly session of the Conference of the Parties to the 1992 United Nations Framework Convention on Climate Change (UNFCCC) and the 11th session of the Meeting of the Parties to the 1997 Kyoto Protocol.[3] The conference objective is to achieve a legally binding and universal agreement on climate, from all the nations of the world. The overarching goal of the Convention is to reduce greenhouse gas emissions to limit the global temperature increase to 2 °C above pre-industrial levels.

Pope Francis published an encyclical called Laudato si’ intended, in part, to influence the conference. The encyclical calls for action against human-caused climate change. The International Trade Union Confederation has called for the goal to be “zero carbon, zero poverty”, and the general secretary Sharan Burrow has repeated that there are “no jobs on a dead planet”.

On February 15, 2015, I posted a paper on my blog were I accused NASA-GISS of data manipulation with the only possible purpose for doing this was to misleading the public about what they call Climate Change caused by Mankind. Since their theory is not sound and it’s based on speculation more than true science the results of their Global Climate Models (GCM’s) do not match measured global temperatures. Normally when this happens the scientific community has corrected their theories and eventually found the truth. In this case the politicians seeking power and taxes have prevented the truth from coming out as they have taken over the scientific community for their own nefarious purposes. The NASA data that was published for January 2015 is an example of what has been done to a previously honest system. I place the blame for this solely at the feet of the former VP of the United States Al Gore.

The following chart was in that paper with an explanation of how it was created from two sets of NASA-GISS data in their LOTI table one for December 2014 (green plot) and the other for January 2015 (red Plot); earlier that day I posted both sets of NASA data on my blog the actual data in available there. This chart shows hundredths of a degree Celsius on the vertical axis which is a deviation from the base period defined as 14 degrees Celsius and which NASA calls anomalies. Also I have taken many college level math and statistical courses, therefore I have a decent feel for data, cause and effect and forecasting so I can spot manipulation as shown in this chart.

NASA CHEATING 01
NASA uses a complex computer program that takes all the available world temperatures and through a formula they have developed they create the LOTI table each month representing a history of the world’s temperature back to January 1880. Now I realize that history today is not fixed but I did think that science was above revisionist history, but apparently not. The Chart above shows three things that cannot occur randomly and must be programmed in, therefore they were done intentionally and for a political purpose. The first thing that stands out is that the two plots are not the same. The second thing is that temperatures from 1970 to the present have been shifted up red arrow and the next thing is that temperatures from 1910 back to 1880 have been shifted down blue arrow. Lastly there is a period from 1950 to 1970 where there was no change black oval. The black oval contains the base period for NASA so it can’t change by definition and it doesn’t change. That period was fixed a long time ago at 14.0 degrees Celsius and that value cannot be allowed to change or the entire concept falls apart.

Now enter the politics and the push for a climate change treaty where we have been told over the past 20 plus years that the use of fossil fuels is driving up CO2 and that is the reason we have climate change, formally global warming. In other posts on my blog I show how that was developed and why it was wrong. To support the climate treaty they need to show that the global temperature is, in fact, going up. The problem is that the increases in temperatures stopped almost ten years ago, although because of variations it wasn’t as obvious as it is now. BTW the satellite data does not support this increase.

The politicians needed to show that 2015 was very hot and also hotter than 2014 to support the adaption of the treaty planed for the end of 2015. NASA was therefore directed to show that temperatures were going up in support of this planned treaty. Can I prove this, no not directly but the published data shows that this is being done and the scientists at NASA would not do this unless they were directed to do this for fear for their jobs. So they pushed down temperatures from 1880 to 1910 blue arrow and then pushed up all the temperatures from 1970 to the present red arrow; giving us the red plot.

In my professional opinion this “change” cannot be done in the process that NASA uses to produce the LOTI unless it was programmed in; therefore it is not real and it is political. Further I assert that this false data will be continued for the rest of this year so that “they” can claim that “they” need this climate treaty or we are all doomed. According to “them” and this January 2015 release 2014 was the hottest year on record. The follow on for the next 10 months will be that 2015 will be even hotter than 2014.

I cannot stress this enough there can be no other reason for what was just done. We are going to be shown false data from NASA-GISS for the next 10 months until this conference such that they hope there will be support for the treaty that they want which will be a massive tax on America and Europe so that controlled development can be forced on other areas of the planet. This will be in line with the already approved UN Agenda 21 which is already being implemented in the United States.

The real goal here has nothing to do with CO2 or climate those are only the tools to force a change from representative government to one controlled by the powerful elites (business leaders and politicians); such as now exists in the EU where the government body of the EU is not elected by the people yet their ruling are binding on the people. The result of this conference and treaty, if adopted will either give the sovereign power of the countries to the UN or to some other body. What will come of that is unknown but we do know from past history that concentrated power is never good.

A few days after I wrote the information presented here on why NASA was manipulating temperature data buy making the past colder and the present warmer the Huffington post wrote two posts.
Despite The Recent Snow, The U.S. Has Actually Been Having An Unusually Warm Winter

UN Negotiators Agree On Early Draft Of Climate Deal For Upcoming Paris Conference

Why would they have done this only a few days after the NASA data release, it takes time to write these posts and so the most likely reason is they were ready for this story before the NASA data was released, they knew what the release was going to show even before it came out.

The next chart was produced from information published by NASA after the release of the August temperatures and is presented in a different format There are three categories shown in this chart: the first is the period 1880 to 1950 containing 840 monthly values and shown in blue circles, the second is the period 1951 to 1980 containing 360 monthly values shown in black diamonds, and the last is the period 1981 to the present containing 312 values as of August 2015 and shown in red squares. The plot shown in each case is the average anomaly for all the values in that category for the indicated month of publication. Unfortunately I did not save all the printouts of the LOTI tables as I assumed that they would be available online if needed. Sadly that is not true and so there are large gaps in the chart until late in 2012. NASA did not want their older data to be available since they were manipulating it.

Since NASA has designated the period 1951 to 1980 as the 14.0 degree Celsius base it can by definition not change and NASA has done a good job of making the 30 year period work out to near zero, as can be seen in the black diamonds. It’s important to understand that this period MUST equal zero and since the values in this LOTI table are always changing the software has to be set to make this period come out to zero. When plots are made of the monthly NASA issues a teeter totter effect can be observed with the pivot point being 1951 to 1980 as shown in the first chart shown here.

NASA CHEATING 02

Now the period 1880 to 1950 in blue is historical and so one would think is fixed; however NASA does not buy that the past cannot be changed. Ignoring the one 2008 value we look at the four 2009 and 2010 values, cyan oval, and then look at the 2012 to 2014 values and we see a shift of about five hundredths of a degree down which is a major shift. Then in 2014 and 2015, black oval, the plot gets erratic as NASA starts to do serious manipulation of the data and also it’s hard to change the average as there are 840 values here. NASA must have been directed to make sure that 2015 was the hottest year ever and that required a lot of program changes to make that happen. Getting the right (political) outcome would not be an easy task and so it apparently it took the programmers a few months to get it right.

The current period 1981 to the present (September 2015) is the most important one, politically, and is shown here as the red squares. The red plots look “reasonable” though 2014 and then they also start to get erratic. The red plots contain over 300 values so to see a jump in the plots as seen in 2015 especially in the last several monthly publications is very unlikely to be “natural” for it indicates that a large numbers of values have suddenly gone up not just a few in the current months. I am sure that this manipulation will continue through the end of the year so that there can be a case made to justify a carbon tax on all the US Canada and the EU. This tax will be proposed by Obama and the catholic Pope and passed by the UN in early 2016. I would be very surprised if the red plot doesn’t reach 50 or greater by the end of the year.
Hopefully I am wrong in my assessment and I would love to be proved wrong. I will update this chart for the rest of the year so we can see what is going on with the data. But I fear that this data manipulation will continue until the Paris UN Climate conference building up to a crescendo in October and November just in time for the conference.

Government is a BLACK HOLE that sucks up all the wealth of a country and destroys it.


The Loss of All Liberty Is Coming Faster Than You Imagined

Cameron-David

UK Prime Minister David Cameron reflects the serious problem we have with politicians. Politicians have ZERO respect for our human rights for they only think about how they are going to raid our wealth to pay for their families and retirements at our expense. Cameron actually asked, “In our country, do we want to allow a means of communication we cannot read? My answer to that question is: ‘No, we must not’.”

These people are highly dangerous. They only see government as the solution and do not grasp that we have rights. Government wants to eliminate all encryption because they are hunting money. You have a 1000 times greater chance of dying in a car crash than by a terrorist. They use terrorism as the great excuse to collect everything we do.

How did the world function before the internet? Did they intercept every letter in the mail or record every phone call? Why is it that with the internet these people feel they have a right to listen and read everything we communicate? This is EXACTLY the same paranoia displayed by Stalin. Human rights do not simply vanish because we have entered the internet age. We still have rights that governments need to respect, but refuse because they are always desperately in need of more taxes to pay their bankers. The OECD has stated, “Co-operation between tax administrations is critical in the fight against tax evasion and a key aspect of that co-operation is exchange of information.” It’s all about money any nothing else.

In 2010, the U.S. enacted legislation known as FATCA (Foreign Account Tax Compliance Act), which is destroying the world economy and lowering economic growth globally. Effectively, FATCA requires foreign financial institutions around the globe to report account details of their U.S. customers to the U.S. tax administration. However, this requires foreign institutions to file that they do not have any American clients. The legal and cost issues of this approach imposed by the USA are being adopted by five other countries including France, Germany, Italy, Spain, and the United Kingdom. FATCA has become a model for the intergovernmental cooperation in hunting taxes. The postwar economy was built on the free flow of capital. Americans cannot open accounts overseas because the penalties are far too stiff for failure to report any American to the U.S. authorities. They will be giving up everyone to their respective countries, which will be implemented in 2017.

If we do not eliminate taxes and transform the monetary system into a new era where the cost of government is held to 5% of GDP and money is merely created to fund the cost of government, along with abolishing career politicians, we will lose everything. We are heading into the direction of a total loss of all rights simply because of taxes.

China’s Imports and Exports are collapsing because the EU and America are entering a recession!


China Still Heading Lower

China-Yuan-Currency

The latest economic news from China shows that, in dollar terms, imports collapsed 20.4% in September from a year earlier to $145.2bn. This is one of the sharpest declines ever, and it is far beyond what was expected. This has had a further impact upon the raw commodity sector and metals. This latest drop in Chinese imports was down 20.4%, year-on-year, compared with a 13.8% decrease in August. Meanwhile, China’s exports were also down 3.7% during September after a 5.5% decline during August.

The other side of 2015.75 still looks like a sharp cliff going into next year. From an economic viewpoint, the economy turned down Wed., Sept. 30, 2015, on a global scale coinciding also with our Cycle of War on the international model. We should see the economy turn downward into a steeper recession moving into Wed., Sept. 28, 2016, which is the next turning point on the Economic Confidence Model followed thereafter by Tues., Oct. 24, 2017. Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.

Government and corrupt politicians ALWAYS debase a countries Money!


Is Quantitative Easing the Same as Printing Money?

Quantitative Easing

QUESTION: Mr. Armstrong;

Thank you for coming to Athens. After the presentation, there were so many questions that the moderator did not have time for. You answered some for the crowd afterwards that I had never heard anyone ever explain. You said Quantitative Easing was not money printing nor did it really increase the money supply. You also said to the crowd that fiat is not paper money, but anything declared by government including pegs.

Could you elaborate on those statements.

Thank you for your enlightenment.

GP

ANSWER: Quantitative easing is not responsible for increasing the money supply or printing money. It is a swap of bonds for cash so they are not outright printing money. It is a swap transaction. This combined with the idea that paper money is fiat and precious metals are tangible are all seriously wrong. Fiat is the attempt by government to decree the value of money. This is no different from a peg that broke, such as the Swiss/euro peg, or the Bretton Woods attempt to fix gold in terms of dollars. ANY attempt to flat line the value of money by decree is fiat, regardless of whether the instrument is paper or seashells.

This idea that Quantitative Easing is printing money is very pre-1971 thinking and is a throwback to Bretton Woods. Such an assumption focuses on the differentiation between debt and money or cash. Pre-1971, you could not borrow against government debt so there was a clear difference between debt and money. The theory that it was less inflationary to borrow than print made sense only when there was a real difference between debt and cash or money.

Today, debt and cash are the same. If you trade futures, you deposit cash and to earn some interest you buy TBills, which are deposited and used as collateral. The distinction between debt and cash has vanished. This means that Quantitative Easing does NOT actually stimulate the economy. The giant assumption was that the cash would be spent within the system. But the banks complained and the Fed created the EXCESS RESERVE window which has about $2.5 trillion on which the Fed pays 0.25% interest. They only swapped bonds for the right to deposit cash at 0.25%, so where was the stimulus? Nothing was stimulated and there was no inflation since there was no actual increase in private spending.

These theories are very primitive to say the least. Nobody looks at them closely or follows the money to see if they are doing anything what the theory pretends should happen. The ECB bought 25% of the bonds and inflation still turned negative. They have stated that they will increase that to 33%. They never review their actions when something fails to work. All government ever does is move further in the same direction because government employees will NEVER admit a mistake.

This is akin to physicians in medieval times who assumed that bleeding a person would heal them because an illness was seen as if it were a poison in the bloodstream. If the patient died, they never assumed the death to be the result of taking too much blood. Instead, they would state that they did not bleed the patient soon enough and that caused their death.

Welcome to the plague of thinking among humankind. Why learn new ways as long as you can just accelerate the current failed process? It’s safer because you do not have to admit mistakes that way. This is why we must crash and burn. They will never look at their actions and are incapable of admitting an era. Anyone who challenges the status quo becomes the “fringe” element that should be ignored.