Is this real?
Labels: power line tower
I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.
Labels: power line tower
Labels: Agenda 21, UN, world control
1. because it started in 2011, it will qualify for some $600 million in tax credits.
2. reacting to state mandates, a California firm has already signed a 25-year contract that will pay MidAmerican between two and four times today's going rate for electricity. (Just another example of why we have a "green" push to create scarcity.)Two years ago, as I reported here, Buffet sold Berkshire's portion of a company that a few days later announce it had tanked. Buffer was on the Board of Directors. He has not been questioned, let alone prosecuted for insider trading.
Labels: oligarchy, Warren Buffett
As I have travelled around the world, I have found that serious investors, who really do their homework, have dusted off one of the best books on inflation that has ever been produced: Jens O Parsson’s “Dying of Money: Lessons of the Great German and American Inflations”. It is now selling for $239 USD on Amazon but an original edition is on Amazon at $749 USD. It is almost impossible to find at a reasonable price. Perhaps the inflated price tells us something about the inflation pressures building in the system?
Parsson reminds us that inflation happens the same way every single time. A speculative bubble bursts so government floods the system with money. This makes asset prices rise (stock markets always explode before the inflation becomes apparent). The velocity of money stays at zero for a prolonged period and then, suddenly, it explodes. This makes the stock market go up even more as confidence come back. Everybody notices asset prices rising and loves it. Nobody notices the fact that costs start rising faster.
Margins get crushed – corporate and personal. The acid erosion of inflation starts to bite and the stock market collapses except this time the government cannot throw money at the problem because of the inflation. So, the market is forced to deal with the bad investment decisions that led to the initial speculative bubble. The inflation prolongs the day of reckoning but does not eliminate it.
Perhaps the single most powerful idea he presents is that Inflation does not fix deflation. It’s a bit like love: the opposite of love is not hate. It is indifference. Adding hate does not make the situation better. Instead it leads to volatile swings of emotion. In love you might start to say “I love you” and I hate you”. In markets we find episodes of inflation history preoccupy policymakers in the same dialogue every time: “deal with the deflation””deal with the inflation”. When this happened in the 1970’s it was called “Stop Go Policy”. Buckle your seat belts because that’s the road we are now on!The trends of the past and present are interwoven. There is nothing new under the sun, as Terence wrote. We merely change our hats and sunglasses. The questions as what to do is interesting, but not academic.
Labels: Jens Parssons, Pipa Malmgrem
Labels: Barack Obama, rural land
Tropical sea temperatures influence melting in Antarctica
Accelerated melting of two fast-moving outlet glaciers that drain Antarctic ice into the Amundsen Sea Embayment is likely the result, in part, of an increase in sea-surface temperatures in the tropical Pacific Ocean, according to new University of Washington research.
Higher-than-normal sea-level pressure north of the Amundsen Sea sets up westerly winds that push surface water away from the glaciers and allow warmer deep water to rise to the surface under the edges of the glaciers, said Eric Steig, a UW professor of Earth and space sciences.
“This part of Antarctica is affected by what’s happening on the rest of the planet, in particular the tropical Pacific,” he said.
The research involves the Pine Island and Thwaites glaciers on the West Antarctic Ice Sheet, two of the five largest glaciers in Antarctica. Those two glaciers are important because they drain a large portion of the ice sheet. As they melt from below, they also gain speed, draining the ice sheet faster and contributing to sea level rise. Eventually that could lead to global sea level rise of as much as 6 feet, though that would take hundreds to thousands of years, Steig said.
NASA scientists recently documented that a section of the Pine Island Glacier the size of New York City had begun breaking off into a huge iceberg. Steig noted that such an event is normal and scientists were fortunate to be on hand to record it on film. Neither that event nor the new UW findings clearly link thinning Antarctic ice to human causes.
But Steig’s research shows that unusual winds in this area are linked to changes far away, in the tropical Pacific Ocean. Warmer-than-usual sea-surface temperatures, especially in the central tropics, lead to changes in atmospheric circulation that influence conditions near the Antarctic coast line. Recent decades have been exceptionally warm in the tropics, he said, and to whatever extent unusual conditions in the tropical Pacific can be attributed to human activities, unusual conditions in Antarctica also can be attributed to those causes.
He noted that sea-surface temperatures in the tropical Pacific last showed significant warming in the 1940s, and the impact in the Amundsen Sea area then was probably comparable to what has been observed recently. That suggests that the 1940s tropical warming could have started the changes in the Amundsen Sea ice shelves that are being observed now, he said.
Steig presents his findings Tuesday (Dec. 6) at the fall meeting of the American Geophysical Union in San Francisco. In another presentation Wednesday, he will discuss evidence from ice cores on the history of Antarctic climate in the last century.
He emphasized that natural variations in tropical sea-surface temperatures associated with the El Niño Southern Oscillation play a significant role. The 1990s were notably different from all other decades in the tropics, with two major El Niño events offset by only minor La Niña events.
“The point is that if you want to predict what’s going to happen in the next fifty, one-hundred, one-thousand years in Antarctica, you have to pay attention to what’s happening elsewhere,” he said. “The tropics are where there is a large source of uncertainty.”
Labels: antarctic melt, ocean
Labels: Barack Obama, oligarchy, Soros