Carney of Bank of England Claims Climate Change Will Make Pensions Worthless


QUESTION: Mr. Armstrong; Is the head of the Bank of England Mark Carney using climate change to claim that pension funds will be worthless? He is just insane or a fraud using this to cover up the pension fund crisis?

SK

ANSWER: There is just no possible way that climate change has anything to do with pensions. We actually have major institutions asking us to generate a theoretical green portfolio that DOES NOT LOSE MONEY just so they can claim they have some “green” in their portfolio.

Any investment in “green” companies has resulted in major losses. So there is no logic to what Carney is saying unless it is a cover-up for the pension crisis that is unfolding. Governments have ordered pension funds to buy government debts and then they take interest rates down to negative. The governments, without climate change, are ensuring that pensions will be worthless. It seems that he is using climate change as the excuse for the pension system failure.

He is clearly demonstrating what the elites think of the people – just stupid!

President Trump Notes DNC Establishment Targeting Bernie Again…


The fourth quarter fundraising totals shocked the professional political class. Bernie is not only leading the polling, he’s also leading the fundraising…  Things are serious now.

Professional party Democrats pay attention to personalities and policies in a general sense; however, professional democrats pay severe attention to the money. Amid Democrat circles elitism is defined by status; and status is defined by money.

Those united party interests rolled out the Elizabeth Warren gender card in a coordinated attack.  Warren is inauthentic, and her pandering ‘wokeness’ is silly, but the limo-liberals and caviar-communists like her…. Go figure. President Trump sees the game and tweets about it: (this is the second time)

The Democrat professional party apparatus is playing with fire.  Bernie Sanders’ socialist supporters will not accept another railroading like 2016. President Trump is correct, it is fun to watch.

Update on Supreme Court


QUESTION: I heard that several coin dealers conspired with the government in hopes of getting all the coins you ever had. Is that also something the Supreme Court will rule on?

GN

ANSWER: I am sure there are always people who would conspire against their own mother for a buck. I believe that one dealer bought stolen coins and then tried to sell then 20 years later. I would not say he conspired with the government, but against the government.

The government was ordered to reply by December 2nd. They asked for an extension and were granted until January 2nd. They then said they could not make that deadline and were given yet another 30 days. So they will have to respond by February 2nd, we get a reply, and then the decision to hear the case will be made in early March.

The way this works is that the government does not respond to petitions to the Supreme Court for they get thousands. They respond ONLY to cases the Supreme Court is interested in taking which the Court then orders them to respond. Central to the case is the fact that they used a civil parallel case filed after the first case and then used that to intervene and disrupt the parallel case. Judge Owen was notoriously biased. I doubt that many other judges would have done what he did.

The Supreme Court has ruled that before a single court, what they did to me, 240 employees, and my family would have been unconstitutional. So the question is really if a single court cannot act in this manner, then can the government use a parallel case to do what is illegal in a single court?

Then there are numerous Supreme Court cases they just ignored.

 

  1. Grupo Mexicano v. Alliance Bond Fund, Inc., 527 U.S. 308 (1999)

(holding that unsecured notes cannot be frozen)

2. Morrison v. National Australia Bank, 561 U.S. 247 (2010)

(held the SEC never had jurisdiction outside the USA)

3. Luis v. United States,  136 S.Ct. 1083 (2016)

(holding that if someone is denied the use of their funds to defend themselves, the judgment is automatically vacated because it is a structural error)

These are only three of the Supreme Court decisions that have been just ignored in my case because it became political. There are several others that were also ignored.

I understand there are people who point their finger at coin dealers, others at prosecutors, others at the CIA, and still others in Japan at their own government because I was not Japanese as they are doing to the head of Nissan. I do not believe it was the CIA. It was not instigated in the USA but on letters from the Japanese government that clients there believed were an intentional error claiming there was $10 billion outstanding when it was $1 which they then corrected only after everything began.

There is plenty of blame to go around. If the Supreme Court takes the case, it will be a watershed decision that will help so many people who are being abused by the SEC and CFTC. The Grupo decision clearly states that the equitable power of a federal court is confined to the known remedies as they stood in 1789 without statutory authority. The SEC never had any statutory authority to even create a receiver until 2010 when Congress finally granted that authority. So there was never any authority for a receiver either back in 1999.

If the Supreme Court takes the case, and they just affirm their prior decisions, the outcome will be very interesting. Even HSBC, who I believe conspired with the government to steal $400 million of profit in the notes, may find themselves liable for all the funds lost by 240 employees. Anyone else who conspired with the government may suddenly find themselves on the opposite side of the table which may include the receiver and his law firm.

Let’s see what happens

The Climate Change of the 1840s


QUESTION: OK, you have shown articles from the 1930s and 1970s where they talked about climate change. So are you saying that people have always been talking about climate change for decades? This is not something new I presume.

SK

ANSWER: The climate has always changed. Even during the 1840s when there was a major Sovereign Debt Crisis in the USA, there was also the issue of climate change. Here is an article from Australia back in 1846 speaking about climate change.

Here we have Climate Change being discussed in the United States also in 1846. The comment was that they saw all four seasons in a single day.

There is nothing new. You can search the newspapers and find periods during which climate change was being discussed. Here during 1846, this is when the earth was still coming out of the Little Ice Age. There too they were talking about climate change.

Climate has ALWAYS changed.  I  do not see how we can suddenly pretend it has never changed and since it is, OMG, we must have caused it

Is Climate Change Dispute the Same As the Fall of Rome?


Climate Change has become a fanatical religion because there is no proof and it rests entirely on belief. This is taking on the traits of the religious dispute which marked the fall of Rome – Pagans v Christianity. Like the Pagans, they immediately attack anyone who dares to disagree with them and they will not tolerate even a discussion. That was very much the same tactics employed by the Pagans.

What is clear is that the volcanic activity is increasing thanks to Solar Minimum. We now have another eruption going on in Mexico the residents call “El Popo.” This is the most active volcano in Mexico. It is not expected to be extremely dangerous. The real issue is the threat of a VEI 6-7 which could seriously alter the climate for a year or two resulting in a Volcanic Winter.

The other risk is 5 to 6 small eruptions under VEI 6 but are VEI3 or greater. The accumulative impact could be similar insofar it causes crop failures and thus a significant impact on agricultural prices. This is also concerning given the rise in earthquake activity in the Caribbean.

Recently, the Viking Rök stone, which is an ancient five-ton granite slab erected in southern Sweden sometime during the 9th century AD, has recently been translated after stumping scientists for more than 100 years. It turns out that it is referring to climate change when crops failed during the 6th century AD. We know that during the 6th century, there was a major climate catastrophic event which resulted in 50% of the population of Scandinavia starved to death. This event during the 6th century was a major volcanic event that devastated the human population globally.

We have further documentation of a major volcanic event also recorded during the reign of the Byzantine Emperor Justinian. There was a truly tumultuous period where the climate turned violent with a volcanic winter, which enabled his many conquests as less organized societies were unable to cope with the effects. There was a mysterious fog that plunged over Europe, the Middle East, and parts of Asia casting them into darkness. This catastrophic event lasted for 18 months. The Byzantine historian Procopius wrote: “For the sun gave forth its light without brightness, like the moon, during the whole year.”  Temperatures in the summer plummeted creating the coldest decade in the past 2300 years. Snow fell as far east as China during the summer causing starvation as crops failed. The Irish chronicles recorded that “a failure of bread from the years 536–539” took place.

The mysterious clouds which engulfed the world contributed to the era being called the Dark Ages in Western Europe. From a Swiss glacier, ice core samples were obtained at the Climate Change Institute of The University of Maine. They determined that a cataclysmic volcanic eruption in Iceland spewed ash across the Northern Hemisphere during early in 536AD. Two other massive eruptions followed in subsequent years during 540AD and again during 547AD. What appears to have been three successive major volcanic eruptions, the Dark Ages entered a volcanic winter which plunged Europe into famine which lasted for nearly 100 years into 640AD. This was also a solar minimumwhich seems to correlate to an increase in volcanic activity.

With famine comes lower nutrition leaving the people more suspectable to disease. It appears that following the 546AD eruption, we then see the Justinian Plague (541-542AD) which was bubonic plague, involving Yersinia pestis, which struck the Roman port of Pelusium, in Egypt. This plague spread rapidly throughout the Empire wiping out one-third to one-half of the entire population of the Eastern Roman Empire.

My concern is we are headed into a Solar Minimum which may be the steepest since the Little Ice Age of 200 years or more. The climate change fanatics have risen their claims to the level of a virtual religious belief. Even the Royal Family of British has split with Harry and his wife claiming they are “progressive” and have also bought into the whole human-caused climate change.

These climate activists will not listen to reason. They immediately seek to attack and demonize anyone who dares to oppose them. They have weaseled into governments and  DAVOS using a 16-year-old girl they dare to present as a climate authority.

The extreme antics of the Climate Activists seem to be adopting the hostile role of the Pagans during the fall of the Roman Empire. They too were claiming that society was doomed because the Christians would not worship their gods and the gods were angry. The climate was turning colder which was indeed resulting in mass migrations south as the Romans called them the barbarians.

We seem to be experiencing the same sort of division with intense hatred being hurled at anyone who seeks to argue against the Climate Activists. Religion is declining and progressivism (Marxism) is rising and the core of the Climate Activists is to destroy modern society blaming the Industrial Revolution for the entire warming period post-1850 which was the normal cyclical rise from the Little Ice Age.

Image result for chart of solar minimum and maximum roman empire

This is a very similar clash that divided the Roman Empire and set its final decline in motion. Here we are once again headed into Solar Minimum with the risk of cold weather resulting in serious mass starvation.

The Maya originally also declined into the 6th century AD, and then as the climate began to improve after the Volcanic Winter of the 6th century, this is when the Maya constructed Chichen Itza which was a major ceremonial focal point in the Northern Maya Lowlands from the Late Classic (c. 600–900AD). This became the only place where human sacrifices seemed to have taken place and they were most likely to appease the gods after the devastation of the 6th century AD. One life was offered to save thousands.

 

Australia Fires – Nature or Global Warming?


QUESTION: Hello Martin,
I have been following your blog for a number of years and enjoy your more analyzed perspective on climate change. I am not fully convinced man [that] is causing the changes and I’d like to hear your opinion about the Australian fires. Living here in and amongst the carnage of the fires and the severe drought, it is hard to ignore all the arguments for climate change being a factor.
Kind regards,
CW

ANSWER: It is very easy for the global warming crowd to make claims that every hot day proves their theory or that a drought in Australia is the result of CO2. They offer ZERO historical evidence to support their claims. They simply make claims that this is the hottest year so that proves it is CO2.

I just published the earthquake data for the Caribbean. There has been a sharp increase in activity with solar minimum. All they would have to do is show the correlation. But they never do because there is zero evidence to support climate change is human induced. If that were true, then the data should reveal that there were no such events prior to the Industrial Revolution. They also ignore the historical record that shows climate has always changed. They do not even try to address those issues and the mainstream press just prints their claims as if they are uncontested facts without the slightest investigation.

There have been red tides that kill fish. Immediately, they blame farmers and chemicals. There are no farmers near me and there are no such chemicals that spill into the ocean from farming. All you have to do is Google it and you will see that the first recorded fish kill was 1648. There were reports of red tides in the Caribbean as early as 1530 (see: Red Tides HistoryKarenia brevis).

Australia has a history of droughts and bush fires. I have lived there and been to absolutely every area. The most well known of these are the Federation drought (1895-1903), the World War II drought (1939-45), and the recent Millennium drought (1997-2009). All three droughts were devastating to agriculture and the broader economy.

As far as major wildfires, they too predate the Industrial Revolution. There was the 1850-1851 Black Thursday bush fires of February 6th, 1851 in Victoria. That event resulted in burning the second largest area (approximately 5,000,000 hectares (12,000,000 acres)) in European-recorded history. That fire killed 12 people, but more than one million sheep and thousands of cattle. The current wildfire has reached 4.9 million hectares in NSW. Again, this is not something that is totally unknown or unprecedented. They do run the risk of making a new record high, but that does not prove that CO2 is the cause.

There was also the 1897-1898 Red Tuesday bush fire of February 1st, 1898 in Victoria. That engulfed 260,000 hectares (640,000 acres) and some 2000 buildings were destroyed.

These activists claim everything is CO2 without any evidence whatsoever and people accept whatever they just say. I can claim I sold the very high in the Dow in 1929 and bought the day of the low in 1932. Can you imagine if the press just repeated that claim without ever bothering to check to see if I was alive back then?

Nature itself demonstrates that these people are outright liars. The Amitermes meridionalis species are termites that are native to the northern part of Northern Territory of Australia, around Darwin. They build mounds that are typically 13 ft tall to survive both floods and bush fires. The animals have developed strategies to survive both floods and fires because they are historically common and not some new development post-1850 and the industrial revolution.

Even the giant redwood trees in California where bush fires are also common have adapted to the environment. They will grow burls which come to life in the event of a fire and can regrow the tree.

In Australia and California, which are both prone to bush fires, the plant and animal life have evolved over hundreds of years to adapt to wildfires. This does not support the claims that the fires in Australia are because of CO2. Everyone demands proof that this is not caused by CO2 instead of demanding that they support their wild claims with at least some correlation study

Project Veritas Highlights Violent Wing Inside Bernie Sanders Campaign….


Project Veritas spent some time in Iowa with the revolutionary communists at the heart of Bernie Sanders campaign. In a video expose’ (see here) the Veritas group showcase Bernie Sanders campaign workers who are prominent Antifa activists. The calls to violence are quite disturbing but familiar for those who followed the “Occupy Wall Street” movement, RevCom, or the Democrat Socialists of America; all factions of the same far-left ideology.

(Des Moines, IA) A Bernie Sanders Presidential Campaign Field Organizer, Kyle Jurek, was secretly recorded bragging about his extreme left-wing fringe views, calling for violence and death to those who oppose Sanders’ radical policies. Kyle Jurek, who works out of the Sanders campaign Iowa office, has been paid at least $9,775 since starting in his official campaign role. Project Veritas Action Fund’s undercover journalists secretly recorded Jurek’s statements for months; recording footage on multiple occasions where he lashes out against Sanders’ Democratic opposition, President Trump’s supporters, and others.

The recordings give insight into the mentality of many Sanders staffers and what they truly believe. In the video, Jurek details his expectations for the 2020 Presidential election and emphatically states that cities will “burn” if President Trump wins re-election. (read more)

Polar Shift – The Undefinable Risk?


QUESTION: Mr. Armstrong; I am a new reader. I was recommended to look to your site when I was in a climate debate with a friend. They never tell us that the sun has a cycle which beats like your heart as you put it. I also never knew the north pole moved drastically. I am left speechless as to why these climate change people never address anything beyond CO2. Do you think the world will wake up before it is too late to discover these people are just liars?

HM

ANSWER: It has been in Europe which seems destined to collapse because of all the climate change regulations. It is a general consensus now among people I speak to in the German auto industry that they will be driven into bankruptcy before there is any recognition that this is all nonsense.

The North Pole is moving rapidly toward Siberia. The North Pole has always moved, but never at such a rapid pace in modern history. We have historical data from old ships’ logs covering the past 400 years. We know that the north magnetic pole has hung around northern Canada and was very steady. During the 20th century, it moved perhaps tens of several miles (kilometers) oscillating back and forth. It has been only during the last 50 years where the North Pole began to move northward. Then during the last 30 years, it began to accelerate rapidly. Suddenly it began to move about from about 6 miles (five to 10km) in a year to a sharp increase of about 37 miles (50 or 60km) per year.

The North Pole is now moving very rapidly towards Siberia. There has been considerable debate whether the complete disappearance of the woolly mammoths and other animals that thrived during the Ice Age was caused by a “quick-freeze” perhaps due to a pole shift, or some other major mystery of paleontology. There have been several carcasses discovered and the preserved food in specimens’ stomachs raised interesting questions. This is why the “quick freeze” catastrophe appears reasonable. Much of the support centers around the fact that the mammoths were quickly frozen, which explains the state of their food contents still in their stomachs, which has been also the main evidence for a quick freeze.

Actually, Birds Eye Frozen Foods Company ran an experiment based on heat conduction and the state of preservation of the stomach contents. They concluded that the atmospheric temperature had to quickly fall below -150°F (-100°C) (Dillow, J.C., The waters above: Earth’s pre-Flood vapor canopy, Moody Press, Chicago, IL, pp. 383–396, 1981). There have been some who tried to link this with the great flood from the Bible. This does not seems plausible in the least.

All we have are a lot of questions. There may be thousands of woolly mammoth carcasses still buried in the permafrost. Forget trying to fit this into the Bible. From carbon dating, the animals appear to have been frozen about 42,000 years ago. Recently, a 42,000-year-old Lena horse was discovered frozen in Siberian permafrost which contained the oldest liquid blood on record.

Clearly, whatever froze these animals was well beyond the Biblical flood or some 7,000 years ago. The speculation that seems to make the most sense was a polar shift which was perhaps sudden.

Transparent Woke Maneuver – Flailing Warren Plays Gender Card Against Surging Sanders…


The transparency of specific media injecting themselves into political races has been obvious for years; the latest example comes from CNN publishing an insider hit piece against Bernie Sanders on behalf of the gender woke community & Elizabeth Warren.

On the eve of another democrat presidential debate; and with diminished support for her presidential ambitions; team Warren plays the gender card as her campaign, together with woke advocate CNN, claim Bernie Sanders said a woman can never be president.

Using the backdrop of a “private meeting” between the two candidates CNN uses four anonymous sources to frame the gender narrative:

(Via CNN) [Warren and Sanders] discussed how to best take on President Donald Trump, and Warren laid out two main reasons she believed she would be a strong candidate: She could make a robust argument about the economy and earn broad support from female voters. Sanders responded that he did not believe a woman could win.

The description of that meeting is based on the accounts of four people: two people Warren spoke with directly soon after the encounter, and two people familiar with the meeting.

That evening, Sanders expressed frustration at what he saw as a growing focus among Democrats on identity politics, according to one of the people familiar with the conversation. Warren told Sanders she disagreed with his assessment that a woman could not win, three of the four sources said.

Sanders denied the characterization of the meeting in a statement to CNN.

“It is ludicrous to believe that at the same meeting where Elizabeth Warren told me she was going to run for president, I would tell her that a woman couldn’t win,” Sanders said. “It’s sad that, three weeks before the Iowa caucus and a year after that private conversation, staff who weren’t in the room are lying about what happened. What I did say that night was that Donald Trump is a sexist, a racist and a liar who would weaponize whatever he could. Do I believe a woman can win in 2020? Of course! After all, Hillary Clinton beat Donald Trump by 3 million votes in 2016.”  (read more)

CNN is attempting to hold themselves up as the torch-bearer for the gender “woke” community, this is their target audience. The gender-divide effort by the mean-girls clique at CNN is transparent…. However, factions within factions is how the Democrats are breaking down their campaign races.

Corey Booker Drops Out of Presidential Race…


New Jersey Senator Corey Booker has announced he is dropping his presidential ambitions and will exit the democrat primary race.   Booker is broke and did not qualify for Tuesday’s debate in Iowa; it would have been the second straight debate he’s missed.

IOWA – Sen. Cory Booker announced Monday he is dropping out of the race for the 2020 Democratic presidential nomination.

In an email to his supporters, Booker cited a number of reasons: most notably, a lack of money to continue.

“Our campaign has reached the point where we need more money to scale up and continue building a campaign that can win — money we don’t have, and money that is harder to raise because I won’t be on the next debate stage and because the urgent business of impeachment will rightly be keeping me in Washington,” Booker wrote. (read more)