clothcap (clothcap) wrote,

The money and the power game, CCNet update, Judith Curry, NWO, Carlin

Zeitgeist 3 trailer:
"The "in" group will do all it can to stay in power, they'll will use the army, the navy and lies whatever they have to use to keep in power and thats what you gotta keep in mind."

I suspect the"in" group does not refer to sock puppet political parties.

Banks fix gold prices (wiki). The price is regulated to deter "undue" investment. Evidence here. More here.
Do usurers brain-stuck in the 18th - 19th century still resort to physical violence when threatened? A whistleblower's "accident" that wasn't fatal (bad hit?). Reported here (2009) Discussed here.

US view, current.
Daily Digest 1/27 - Bear Stearns May Have Cheated Clients
Social Security to Run Permanent Deficits, Shelters Could Close

E-mails Suggest Bear Stearns Cheated Clients Out of Billions
CBO: Social Security To Run Permanent Deficits
Inflation? No Problem ... If You Avoid Food
Majority of Shelters Could Close with Proposed Budget
Arizona Seeks Waiver To Cut 280K From Medicaid Rolls
Quinn Calls for Borrowing Plan
In U.S., One in Four Unemployed Adults in Financial Distress

Interview with Jim Rogers: Why Inflation is Raging Worldwide And He's Shorting US Treasury Bonds
"I see more inflation and more currency turmoil as we go forward. There are huge debt imbalances in the world. U.S. is the largest debtor nation in the world and all the assets are in Asia. The largest creditors in the world are China, Korea, Japan, Taiwan, Hong Kong, Singapore – this is where the assets are and the debts are in the West. Those imbalances have to be resolved. They frequently lead to more currency turmoil. We’ll see more inflation, we’ll see more governments fall. We just saw Tunisia fall – more are coming because the world is going to continue to have these problems, and especially inflation that is going to cause more social unrest."

Martenson Report It's Official: The Economy Is Set To Starve
This report begins with the assumption that you have taken care of the basics: food, water, energy, and shelter. Further, you have gold and silver.You've got enough spare goods, parts, and necessities to take care of yourself, your family, and a few others besides.You've safely removed a comfortable portion of your wealth from the paper-based banking and financial systems. You are diligently working on building your local community. Okay, so you've done all of that. Now what?

"US today, UK tomorrow" so the expression goes.
Excellent news via CCNet, the EC looks to have found an easy out from the CO2 credit certs fraud (IOUs against us issued by the EC backed up by guaranteed (enforced) payment under rubber stamped EC legislation). Although a court order would have been more satisfying. The bad news is that the entity is looking for other ways to rob taxpayers and energy users to pay for boondoggles and interest to vested interests. Penal green taxes and VAT hike to avoid warmageddon will remain until a new name has been found for them. Water tax? Bike Tax? Birth tax? Pension funds tax hike? Sell the rest of the gold? Legalise pot and prostitution?

– 27 January 2010  The Climate Policy Network
Western Energy Policy Shifts Back To Cheap Fossil Fuels

Natural gas is the threat here. The President's speech gives that the green light. The problem of including gas in a clean energy standard is that it is already mature. Natural gas already provides 21 percent of U.S. electricity right now and the figure will rise to 40 percent by 2035. Including gas in a clean energy standard opens up the real and scary possibility that methane will absorb the lion's share of research grants, loan guarantees and other dollars coming out of Washington under clean energy mandates. -- Michael Kanellos, GreenTech Media, 26 January 2011

MPs will today issue a warning that the government's energy reforms risk creating a "dash for gas", which would crowd out investment in renewable energy and hinder the UK's ability to meet its long-term climate change targets. --Jessica Shankleman, Business Green, 26 January 2011

1) Geoffrey Styles: Sputnik State of the Union - Energy Tribune, 26 January 2011
President Obama seemed to signal his support for moving the debate on a national renewable energy standard toward encompassing all clean energy. His remarks suggested that this would include not just nuclear power--by far our largest source of low-emission energy today--but also natural gas and clean coal. --Geoffrey Styles, Energy Tribune

2 ) Terence Corcoran: Ground control to Major Obama - Financial Post, 26 January 2011
The guidance system on Barack Obama’s presidential spaceship, supposedly tracking toward the corporate and political centre, went haywire Tuesday night. In the middle of his State of the Union speech, the U.S. President flicked a switch that called for an Apollo-like mission to a green planet far, far away, triggering a malfunction that puts the United States back on course to nowhere

3) U.S. Administration Signals End Of Climate Strategy - The Wall Street Journal, 25 January 2011

4) Barack Obama less interested in Climate Change than Bush, analysis reveals - Suzanne Goldenberg, The Guardian, 26 January 2011
... The only real reason to transform our energy systems is to address GHG emissions. But by failing to even acknowledge the threat posed by climate change, the reasoning for an energy transformation is very thin. Despite his choice of language, Obama to date has done more than Bush or Clinton to address global warming. But Brulle warned: "Taking a technology-only approach without meaningful mechanisms to drive adoption of renewable energy means further delay in initiating the massive GHG reductions that are needed to deal with climate change.-- Robert Brulle, Drexel University [His discourse on enviromentalism of the here pdf]
... There has been increasing concern among environmental organisations that Obama is prepared to give up on greenhouse gas measures so as to try to build better relationships with Republicans in Congress and the business community. Such fears were amplified by Obama's failure to use his speech to signal his support for the Environmental Protection Agency, which is under assault from Republicans. The announcement before the speech that Carol Browner, the energy and climate change adviser, is to leave the White House has also heightened fears that Obama has given up on his campaign promise to take action on climate change.

5) Green Campaigners Panic Over Britain's Dash For Gas - Bloomberg, 26 January 2011

6) Green Labour Party Calls For Shale Gas Drilling Halt - BBC News, 26 January 2011

7) Reality Check: India Celebrates Asia's First Shale Gas Discovery - The Times of India, 26 January 2011
The potential answer to the world's energy woes, lying buried under 1770 metres of hard rock in the Damodar basin, has finally been unearthed. ONGC scientists have found an "unlimited reserve" of shale gas, touted as the low-cost, eco-friendly fuel of the future with vast untapped resources, at Sarpi on the outskirts of Durgapur (India) at a site spread over an area of 1250-1300 sq km
28 January 2010
Europe Pulling The Plug On Green Energy Subsidies

EU energy commissioner Guenther Oettinger is expected to be given the go-ahead to find new ways of financing green energy projects at an energy summit in Brussels next week, in a bid to reduce demand for national incentives and European Investment Bank (EIB) loans. Oettinger said at a European Parliament hearing on Wednesday that member states need to find new sources of financing because the EIB cannot continue to prop up the [renewable energy] industry as it moves forwards. "Don't kid yourself," he said. "We don't have the machine to print new money." --BusinessGreen, 28 January 2011

1) Europe Pulling Plug On Green Energy Subsidies - The Globe and Mail, 26 January 2011
The Spanish and Germans are doing it. So are the French. The British might have to do it. Austerity-whacked Europe is rolling back subsidies for renewable energy as economic sanity makes a tentative comeback. Green energy is becoming unaffordable and may cost as many jobs as it creates. But the real victims are the investors who bought into the dream of endless, clean energy financed by the taxpayer. They forgot that governments often change their minds. -- Eric Reguly

2) EU Carbon Trading Shut Down Indefinitely - The Guardian, 27 January 2011
The European commission's emergency suspension last week of trading in carbon allowances to put a halt to rampant theft of credits by hackers has been extended indefinitely until countries can prove their systems are protected from further fraud. --Leight Phillips

3) Obama's Green Energy Agenda Under Assault In Congress - Fox News, 27 January 2011
As President Obama encourages the nation to spend heavily on creating a new, green-energy economy, he faces stiff resistance from lawmakers worried about deficits and what the administration's restrictions on existing power sources could do to the already rising cost of energy. --Doug McKelway

4) Kimberley Strassel: Cap and Trade Returns From the Grave - The Wall Street Journal, 27 January 2011
Listen carefully to Mr. Obama's speech and you realize he spent plenty of it on carbon controls. He just used a different vocabulary. If the president can't get carbon restrictions via cap and trade, he'll get them instead with his new proposal for a "clean energy" standard. Mr. Obama has no intention of letting go of his carbon-free world. He instead went to plan B. It's cap and trade by another name.

5) Australia To Cut, Delay Clean-Energy Funding - Bloomberg, 27 January 2011

6) Peter Foster: Solar Fades As Shale Gas Flares - National Post, 21 January 2011
What happens to renewable energy when alarmist climate science collapses? And even if the ideological rearguard action drags on for years, what about the fact that shale gas is about to make renewables look even more ridiculous in terms of both economics and emissions?

7) What Energy Crisis? Europe May Import Cheap Gas From The West - No Hot Air, 27 January 2011

Thanks to Dr Peiser, GWPF (and for not doing a no. 8 that produces a smiley - 8) on the DT blog)

Via Icecap
Obama Recycles Waxman-Markey Utility Sector Target - Neglects to Inform Congress, Public
When Obama was a presidential candidate, he acknowledged that under cap-and-trade, U.S. electric rates would “necessarily skyrocket.” He never said this again, but once the public understood that cap-and-trade would impose a stealth energy tax on the economy in the midst of a deep recession, they turned against it in droves.
Obama, however, never abandoned the big-government agenda of which cap-and-trade was an expression. The day after Election Day, he told the Washington press corps: “Cap and trade was just one way of skinning the cat; it was not the only way.  It was a means, not an end.  And I’m going to be looking for other means to address this problem.”

Judith Curry - Lisbon Workshop on Reconciliation in the Climate Change Debate
[...] Postnormal science
The names Funtowicz and Ravetz are associated with the concept of postnormal science.  The issue of postnormal science is widely misunderstood in the climate blogosphere.  As per the Wikipedia:
“James J. Kay described Post-normal science as a process that recognizes the potential for gaps in knowledge and understanding that cannot be resolved other than through revolutionary science, thereby arguing that (in between revolutions) one should not necessarily attempt to resolve or dismiss contradictory perspectives of the world (whether they are based on science or not), but instead incorporate multiple viewpoints into the same problem-solving process.”
Detractors of post-normal science, conversely, see it as a method of trying to argue for a given set of actions despite a lack of evidence for them, and as a method of trying to stifle opposing voices calling for caution by accusing them of hidden biases. Many consider post-normal science an attempt to ignore proper scientific methods in an attempt to substitute inferior methodology in service of political goals. Practitioners advocating post normal science methods defend their methods, suggesting that their methodologies are not to be considered replacements for dealing with those situations in which normal science works sufficiently well. /full essay

That is a complicated way to explain hypothesis acceptance based on a count of published papers in selected journals. This is all about getting acceptance of climate science along with its political baggage as an orthodox discipline even though it has little to justify such, the predictive aspect has a closer similarity to tipsters and tarot card readings. Guess that makes me a detractor.

Fintan considering  Renaissance 20 lessons linked in How the Anglo-American Empire rules the World:
"The Real NWO has collapsed back to it's Anglo/American core.
The Real NWO is a financial and political wreck.
The global central bank and currency threat is and always was pure vapor ware."

That to me is a myopic take. The NWO consists of an alliance of upper hierarchy of businesses, political parties, banks, charities, UN and spin-offs, EC and spin-offs, think tanks, forces, religious orgs and free masons with mega rich families and royalty. Rather than having collapsed back all I see is business as usual, pressure on non central bank countries via war drums, poor getting poorer, rich getting richer and freedom erosion continues unabated. Most of the big banks made record profits in recent years if you don't look at the fractional reserves listed as assets. BoA may have had a rough time recently due to Wiki leaks, an investor divestor so to speak.
Five of the biggest banks - Goldman, JPMorgan, Wells Fargo, Citigroup and Bank of America - posted second-quarter profits totaling $13 billion. That's more than double what they made in the second quarter of 2008 and nearly two-thirds as much as the $20.7 billion they earned in the second quarter of 2007 — when the economy was strong.
China revolts against dollar

China President Hu Jintau told the Wall Street Journal in Beijing, before the start of his visit to the United States last week, that the international currency system was "a product of the past," created a long time before the Chinese yuan was accepted.
The World Bank issued its first bonds denominated in China's currency, the yuan, in a further indication last week that the dollar is slipping in status among international bankers.
Those who still doubt that globalization is an agenda for global governance, not just for free trade, should consult a new report just published by the U.S. National Intelligence Council in conjunction with the European Union Institute for Securities
George Carlin - Conspiracy Theorists
Conspiracy of Science - Earth is in fact growing
Tags: carlin, judith curry, nwo, the money and the power game

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