Canada, the Supreme Court hold that Carbon Tax is Constitutional

Armstrong Economics Blog/The Hunt for Taxes Re-Posted Mar 26, 2021 by Martin Armstrong

In Canada, the Supreme Court ruled Thursday that Ottawa has the power to impose a carbon price across the country as a “matter of national concern.” This is a major win for Trudeau and he can really make sure that the Canadian economy further declines to enable the Build Back Better agenda.

Let me make this VERY CLEAR. Even the US Supreme Court upheld Obamacare by holding it was a “TAX” When Obama deny that. Even the US Supreme Court would have struck down Obamacare as a social program, but as a TAX it held that government can impose ANY tax it so desires and at any rate. When it comes to taxes, the Supreme Courts of Europe, USA, Canada, or Bangladesh, will ALWAYS rule in favor of governmental power to TAX without constraint. They will ignore the history that 99% of all revolutions unfold because of taxes. Therefore, do not be surprised about tax rulings by the courts. This is also when Western society is doomed. We will not be able to sustain this sort of government beyond 2032. So just start planning now for the next real Great Reset which will be the overthrow of republics.

This is why in my solution, TAXATION must be abolished – PERIOD! If we simply printed the amount of money we needed to run government and it is capped at say 5%-10% of GDP, it would be far less destructive than taxation for the debt will never be repaid. At times, the accumulative interest expenditures have reached 70% of the debt showing that the real problem is borrowing in the first place. All of this COVID and Climate Change is a cover-up for the fact that the system of debt is coming to an end. They lowered rates artificially and are now trapped for they dare not allow rates to rise naturally to compensate for the constant rise in supply. Therefore, creating money to cover expenditure would be far better than the present system of taxation and borrowing endlessly.

Dependence of Earth’s Thermal Radiation on Five Most Abundant Greenhouse Gases

Excellent Physics Written by W. A. van Wijngaarden and W. Happer Published on June 8, 2020

The atmospheric temperatures and concentrations of Earth’s ve most important, greenhouse gases, H2O, CO2, O3, N2O and CH4 control the cloud-free, thermal radiative flux from the Earth to outer space. Over 1/3 million lines having strengths as low as 10􀀀27 cm of the HITRAN database were used to evaluate the dependence of the forcing on the gas concentrations. For a hypothetical, optically thin atmosphere, where there is negligible saturation of the absorption bands, or interference of one type of greenhouse gas with others, the per-molecule forcings are of order 10􀀀22 W for H2O, CO2, O3, N2O and CH4. For current atmospheric concentrations, the per-molecule forcings of the abundant greenhouse gases H2O and CO2 are suppressed by four orders of magnitude. The forcings of the less abundant greenhouse gases, O3, N2O and CH4, are also suppressed, but much less so. For current concentrations, the per-molecule forcings are two to three orders of magnitude greater for O3, N2O and CH4, than those of H2O or CO2. Doubling the current concentrations of CO2, N2O or CH4 increases the forcings by a few per cent. These forcing results are close to previously published values even though the calculations did not utilize either a CO2 or H2O continuum. The change in surface temperature due to CO2 doubling is estimated taking into account radiative-convective equilibrium of the atmosphere as well as water feedback for the cases of xed absolute and relative humidities as well as the eect of using a pseudoadiabatic lapse rate to model the troposphere temperature. Satellite spectral measurements at various latitudes are in excellent quantitative agreement with modelled intensities.

A sample from Page 6 in the paper

A sample from page 35 in the Paper

Click on the Download box below to get the full 37 page paper it is worth reading if you are a serious researcher on climate physics.

A Technical Study in the Relationships of Solar Flux, Water, Carbon Dioxide and Global Temperatures, January 2021 Data

From the attached report on climate change for February 2021 Data we have the two charts showing how much the global temperature has actually gone up since we started to measure CO2 in the atmosphere? To show this graphically Chart 8 was constructed by plotting CO2 as a percent increase from when it was first measured in 1958, the Black plot, the scale is on the left and it shows CO2 going up by about 32.0% from 1958 to February of 2021. That is a very large change as anyone would have to agree.  Now how about temperature, well when we look at the percentage change in temperature from 1958, using Kelvin (which does measure the change in heat), we find that the changes in global temperature (heat) is almost un-measurable. The scale on the right side had to be expanded 10 times (the range is 50 % on the left and 5% on the right) to be able to see the plot in the same chart in any detail. The red plot, starting in 1958, shows that the thermal energy in the earth’s atmosphere increased by .40%; while CO2 has increased by 32.0% which is 80 times that of the increase in temperature. So is there really a meaningful link between them that would give as a major problem?

Carbon Dioxide CO2 is not making “ANY” dangerous changes to the global temperature!

The numbers tell us no there isn’t!

The next chart is Chart 8a which is the same as Chart 8 except for the scales which are the same for both CO2 and Temperature. As you see the increase in energy, heat, is not visually observably in this chart hence the need for the previous chart 8 to show the minuscule increase in thermal energy shown by NASA in relationship to the change in CO2. Based to these trends, determined by excel not me, in 2028 CO2 will be 428 ppm and temperatures will be a bit over 15.0o Celsius and in 2038 CO2 will be 458 ppm and temperatures will be 15.6O Celsius. This is what the data shows no matter what the reasons are, so I have no idea how the IPCC gets to predict that the world will end in ten or even twenty years.

The full 40 page report explains how these charts were developed and why using NASA and NOAA data that are used without change to prove that The New Green Deal is not required and any attempt to complete that plan will be a worldwide disaster.

Click on the link below for the full report that you can download.

Lockdown Every 2 Years for Climate Change

Armstrong Economics Blog/Climate Re-Posted Mar 9, 2021 by Martin Armstrong

I have received over the past year some people complaining saying what does climate have to do with economics? I cannot always reveal my sources or I will not have them. There are people in the belly of the beast who do sound the alarm and are not happy with what is unfolding. For the past two years, I have been getting information that they were planning to get very aggressive with this climate change. They have REFUSED to allow anyone to testify in Paris who disputed their agenda. That was the start of this Cancel Culture.

The Guardian has put out the truth, perhaps ahead of schedule. There are those pushing for lockdowns every two years to meet the Paris requirement of ZERO CO2. Everyone’s future is to change and they never ONCE allowed anyone to ever vote on this agenda. Instead, we were told it’s a virus which is a cover for their real objectives. What these people will rain down upon the world is civil unrest and war. They will NOT succeed in this new reign of terror where they have absolute control of everyone’s life and future.

I have warned that this virus was planned, and I know for a FACT that investments were sold in advance and the World Economic Forum even went to cash in February 2020 based on reliable sources. I have warned that they are using this virus to shut down the world economy for climate change. All the REAL scientific research for decades has shown that social distancing and masks do not prevent diseases from spreading. Even the Washington Post reported that the studies of the Spanish Flu of 1918 showed that masks were “useless” and in the middle of the Hong Kong Flu of the late ’60s, with the same kill ratio of COVID 0.028%, they held Woodstock. They did not destroy the economy or lock people down. In Flordia, which did not go crazy and lock everyone down, the amount of COVID cases ranked 30th out of 50 states. New York destroyed its economy and Florida has one of the best performing economies in the nation.

Over three million students have dropped out because they cannot learn in virtual classes. The number of suicides among the youth has shot up because they see their futures destroyed. One of the entire purposes of going to a good university was to make contacts for life. Sure, others went for the parties. But now, all of that is lost including sports all because of virtual learning and they still want to charge the same amount of money.

Meanwhile, the Democrats have pushed through changes to voting that will ensure there will never be a fair election ever again. People can register same day with no background check and mail-in voting will be the new norm. They are outright on board with the World Economic Forum far beyond what people would dare even to speculate.

So for those who think I fell off the wagon and worried about fake climate change more than economics, you better wake up. This is a completely new reign of terror and they will not succeed. Gates may get his population reduction but it may be by instigating civil unrest and war.

CO2 is not a Toxic Chemical

Armstrong Economics Blog/Climate Re-Posted Mar 6, 2021 by Martin Armstrong

Greta’s Nightmare

Armstrong Economics Blog/Climate Re-Posted Mar 3, 2021 by Martin Armstrong

One crisp winter morning in Sweden, a cute little girl named Greta woke up to a perfect world, one where there were no petroleum products ruining the earth. She tossed aside her cotton sheet and wool blanket and stepped out onto a dirt floor covered with willow bark that had been pulverized with rocks. “What’s this?” she asked.
“Pulverized willow bark,” replied her fairy godmother.
“What happened to the carpet?” she asked.
“The carpet was nylon, which is made from butadiene and hydrogen cyanide, both made from petroleum,” came the response.
Greta smiled, acknowledging that adjustments are necessary to save the planet, and moved to the sink to brush her teeth where instead of a toothbrush, she found a willow, mangled on one end to expose wood fibre bristles.
“Your old toothbrush?” noted her godmother, “Also nylon.”
“Where’s the water?” asked Greta.
“Down the road in the canal,” replied her godmother, ‘Just make sure you avoid water with cholera in it”
“Why’s there no running water?” Greta asked, becoming a little peevish.
“Well,” said her godmother, who happened to teach engineering at MIT, “Where do we begin?” There followed a long monologue about how sink valves need elastomer seats and how copper pipes contain copper, which has to be mined and how it’s impossible to make all-electric earth-moving equipment with no gear lubrication or tires and how ore has to be smelted to a make metal, and that’s tough to do with only electricity as a source of heat, and even if you use only electricity, the wires need insulation, which is petroleum-based, and though most of Sweden’s energy is produced in an environmentally friendly way because of hydro and nuclear, if you do a mass and energy balance around the whole system, you still need lots of petroleum products like lubricants and nylon and rubber for tires and asphalt for filling potholes and wax and iPhone plastic and elastic to hold your underwear up while operating a copper smelting furnace and . . .
“What’s for breakfast?” interjected Greta, whose head was hurting.
“Fresh, range-fed chicken eggs,” replied her godmother. “Raw.”
“How so, raw?” inquired Greta.
“Well, . . .” And once again, Greta was told about the need for petroleum products like transformer oil and scores of petroleum products essential for producing metals for frying pans and in the end was educated about how you can’t have a petroleum-free world and then cook eggs. Unless you rip your front fence up and start a fire and carefully cook your egg in an orange peel like you do in Boy Scouts. Not that you can find oranges in Sweden anymore.
“But I want poached eggs like my Aunt Tilda makes,” lamented Greta.
“Tilda died this morning,” the godmother explained. “Bacterial pneumonia.”
“What?!” interjected Greta. “No one dies of bacterial pneumonia! We have penicillin.”
“Not anymore,” explained godmother “The production of penicillin requires chemical extraction using isobutyl acetate, which, if you know your organic chemistry, is petroleum-based. Lots of people are dying, which is problematic because there’s not any easy way of disposing of the bodies since backhoes need hydraulic oil and crematoriums can’t really burn many bodies using as fuel Swedish fences and furniture, which are rapidly disappearing – being used on the black market for roasting eggs and staying warm.”
This represents only a fraction of Greta’s day, a day without microphones to exclaim into and a day without much food, and a day without carbon-fibre boats to sail in, but a day that will save the planet.
Tune in tomorrow when Greta needs a root canal and learns how Novocain is synthesized.

Spinning Turbines, or Not!

Tony Heller Feb 17, 2021

The wind turbines have shut down in Texas, and now green energy scamsters are spinning the truth to place the blame on somebody else. YouTube shut me down for two weeks and has made it clear to me that they intend to silence me. Please subscribe to​​ or

How to Think about Climate Change

William Happer speaks at Hillsdale College’s National Leadership Seminar on February 19, 2021, in Phoenix, Arizona.

How to Think About Climate Change | William Happer William Happer Professor of Physics Emeritus, Princeton University. has published many papers on the subject of the physics of green house gases in the earth’s atmosphere. In my option he is one of the world’s most knowledgeable scientists is the world on this subject.

Tony Heller Explains what Happened in Texas in February comes directly from Miss-Information on Climate Propagated by Bill Gates

Tony Heller99.3K subscribersSUBSCRIBEThe core problem is that we have a few very rich people controlling the flow of information, which is leading to very bad policy. YouTube shut me down for two weeks and has made it clear to me that they intend to silence me. Please subscribe to​​ or

Climate Change & the Dollar

Armstrong Economics Blog/USD $ Re-Posted Mar 1, 2021 by Martin Armstrong

COMMENT: Marty, at first I was not sure why you were focusing on the climate change issue. I now understand that climate is the main driving force behind this Great Reset which is out to undermine capitalism. Looking at the dollar through a global view I can see that cash is not trash.

Thank you for broadening my perspective.


ANSWER: Yes, perhaps my biggest mistake is I see things globally but do not always fully express them in a simple manner. Despite the increase in the money supply, the demand for dollars is escalating dramatically around the world. The Fed has been increasing the paper money supply for the demand is rising exponentially. Of course, those who keep preaching the collapse of the dollar because of the increase in the money supply,  fail to ever look beyond the shore of the United States. Even Canada has one of the highest debts among sovereign nations.

The problem is that other nations, including Canada, have the authority to simply cancel their currency. The US paper money is the only one still valid from 1861. Consequently, for hoarding purposes, the dollar is still the #1 choice for it is the safe place to keep the cash. Also, the USA is not part of the reporting practices. So foreigners can open accounts in the USA and they are not reported back to their own country. As a result, the demand for dollars is rising and it is simply the prettiest of the three ugly sisters as they say.