Daily Archives: 5 December 2008

The Economy – Predictions of Gloom and Doom

– Worst job losses in almost three decades expected (from marketwatch.com)

– Marc Faber: I advise every American to hold his gold outside of the United States
Executive Order 6102 signed on 5 April 1933 right after Franklin Roosevelt came to office and it forbade all Americans from owning physical gold assets. Quoting Wikipedia: It required all persons to deliver on or before May 1, 1933 all gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve. Under the Trading With the Enemy Act of October 6, 1917, as amended on March 9, 1933, violation of Executive Order 6102 was punishable by fine up to $10,000 ($166,640 if adjusted for inflation as of 2008) or up to ten years in prison, or both. (from creditwritedowns.com)

– Financial Disaster Will Lead to Civil Disorder in 2009 or 2010, Says Secret Citibank Memo. “The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed through into an inflation shock,” wrote Tom Fitzpatrick, Citibank’s chief technical strategist. He goes on to explain that the massive money creation efforts by the Federal Reserve and other central banks will end with one of two things: A resurgence of inflation, or a fall into “depression, civil disorder and possibly wars.” (from prisonplanet.com)

– Leading Economist Warns of Food Riots. When top trend forecaster Gerald Calente predicted riots and revolution, many people shrugged and thought, “he’s gone off the deep end”. But leading economist Nouriel Roubini is also now warning of food riots, and blaming it on the Fed and Treasury’s policies and bank priorities. (from George Washington’s Blog)

– Russian Analyst Says U.S. Will Decline, Dissolve (from NewsRoomAmerica.com)

– Health Ranger Offers Thirty-One Predictions for 2009
1. Big Pharma will begin to implode
3. Brankruptcies will bring down retailers, malls
4. 20-40% inflation on food before 2010
6. Three US cities and states will announce bankruptcy
7. More taxes
(from naturalnews.com)

Global Warming Predictions Are Overestimated, Suggests Study On Black Carbon

Okay, I want to be careful about overstating the significance of a single study (thanks for the hint, Esoteridactyl). My goal is not to condemn all gobal warming believers, and certainly not to condemn environmentalist. (I consider myself one.) My goal is to expose what I believe to be government-and-media-backed hysteria, and the possibility of it being leveraged for profit and power by our ruling elite.

I’m curious about the Exchange Traded Funds GWO, which seems to relate to Global Warming, and GRN which seems to relate to Carbon Trading. I’m no expert and would welcome any comments pertaining to how these work. It certainly isn’t a bad thing to invest on what you believe the future might bring, but it’s important to be mindful that profit and power might color people’s intentions.

—

“A detailed analysis of black carbon — the residue of burned organic matter — in computer climate models suggests that those models may be overestimating global warming predictions. . . . The researchers found that carbon dioxide emissions from soils were reduced by about 20 percent over 100 years, as compared with simulations that did not take black carbon’s long shelf life into account. The findings are significant because soils are by far the world’s largest source of carbon dioxide, producing 10 times more carbon dioxide each year than all the carbon dioxide emissions from human activities combined.” (emphasis added) (Read more from sciencedaily.com)

Al Gore will launch the international soil monitoring league. We’ll be taxed in its name. Their central planners will supervise the filling of rockets with dirt and launch them into outter space. . . or else we will be doomed! Doooooomed! DOOOOOOMED!

SEE ALSO:

The price of dissent on global warming
“WHEN I first stuck my head above the parapet to say I didn’t believe what we were being told about global warming, I had no idea what the consequences would be. I am a scientist and I have to follow the directions of science, but when I see that the truth is being covered up I have to voice my opinions.

According to official data, in every year since 1998, world temperatures have been getting colder, and in 2002 Arctic ice actually increased. Why, then, do we not hear about that? The sad fact is that since I said I didn’t believe human beings caused global warming, I’ve not been allowed to make a television program.

My absence has been noticed, because wherever I go I meet people who say: “I grew up with you on the television, where are you now?”

It was in 1996 that I criticised wind farms while appearing on children’s program Blue Peter, and I also had an article published in which I described global warming as poppycock. The truth is, I didn’t think wind farms were an effective means of alternative energy, so I said so. Back then, at the BBC you had to toe the line, and I wasn’t doing that. . . .

Yes, the lakes in Africa are drying up. But that’s not global warming. They’re drying up for the very simple reason that most of them have dams around them.

So the water once used by local people is now used in the production of cut flowers and vegetables for the supermarkets of Europe. One of Gore’s biggest clangers was saying that the Aral Sea in Uzbekistan was drying up because of global warming.

Well, everyone knows, because it was all over the news 20 years ago, that the Russians were growing cotton there at the time and that for every tonne of cotton you produce you use a vast amount of water. The thing that annoys me most is that there are genuine environmental problems that desperately require attention. I’m still an environmentalist, I’m still a Green and I’m still campaigning to stop the destruction of the biodiversity of the world. But money will be wasted on trying to solve this global warming “problem” that I would much rather was used for looking after the people of the world. . . .

I might not be on TV any more but I still go around the world campaigning about these important issues. For example, we must stop the destruction of tropical rainforests, something I’ve been saying for 35 years.

Mother nature will balance things out, but not if we interfere by destroying rainforests and overfishing the seas. That is where the real environmental catastrophe could occur.” (Read more from theaustralian.news.com.au)