Showing posts with label global economy. Show all posts
Showing posts with label global economy. Show all posts

Monday, August 19, 2024

How the Greens gaslight us all . . . but especially the poor.

How the Greens gaslight us all . . . but especially the poor.
 
"According to the World Bank, between 1990 and 2019, as emissions surged, the proportion of the world’s population in extreme poverty fell from 38 percent to 8.4 percent. Food production similarly soared from 2000 to 2020, with global primary-crop production rising by 52 percent, meat production by 45 percent, and vegetable oil production by 125 percent. Those figures well outstripped population growth and resulted in the daily caloric intake rising in every region of the globe. At the same time, the real global economy nearly doubled in value."

"Solar and wind are incapable of delivering the power needed for industrialization, powering water pumps, tractors and machines — all the ingredients needed to lift people out of poverty. As rich countries are now also discovering, solar and wind energy remain fundamentally unreliable. No sun or wind means no power. Battery technology offers no answers: today there are only enough batteries to power global average electricity consumption for one minute and 15 seconds. Even by 2030, with a projected rapid battery scale-up, they would last less than 12 minutes. For context, every German winter, when solar is a
its minimum, there is near-zero wind energy available for at least five days — more than 7,000 minutes."


"It Is often reported that emerging industrial powers like China, India, Indonesia and Bangladesh are getting more power from solar and wind. But these countries get much more additional power from coal. Last year, China got more additional power from coal than it did from solar and wind. India got three times more electricity from coal than from green energy sources, Bangladesh 13 times more and Indonesia an astonishing 90 times more. If solar and wind really were cheaper, why would these countries not use them? Because reliability matters.

The usual way of measuring the cost of solar simply ignores its unreliability and tells us the price when the sun is shining. The same is true for wind energy. That does indeed make them slightly cheaper than other electricity sources: 3.6 US¢ per kWh for solar, just ahead of natural gas at 3.8 US¢, according to the U.S. Energy Information Administration. But if you account for reliability, their real costs explode: in 2022, one peer-reviewed study showed an increase of 11-42 times, making solar by far the most expensive electricity source, followed by wind."


"Smartphones, computers and electric vehicles may be emblems of the modern world, but, says Siddharth Kara, their rechargeable batteries are frequently powered by cobalt mined by workers laboring in slave-like conditions in the Democratic Republic of Congo.

Kara, a fellow at Harvard's T.H. Chan School of Public Health and at the Kennedy School, has been researching modern-day slavery, human trafficking and child labor for two decades. He says that although the DRC has more cobalt reserves than the rest of the planet combined, there's no such thing as a "clean" supply chain of cobalt from the country. In his new book, Cobalt Red, Kara writes that much of the DRC's cobalt is being extracted by so-called "artisanal" miners — freelance workers who do extremely dangerous labor for the equivalent of just a few dollars a day."

Saturday, March 06, 2021

China benefitted from the Pandemic

 Whether you call it the Wuhan Virus, the China Virus, Covid19, or SARS-Cov-2, China is the big winner economically. Our current president has a very chummy relationship with China.



Monday, March 23, 2020

Haters continue to bring down our country

The Lap dog media have been misquoting the president for over 3 years, and then their followers on FB, Twitter and blog land continue the stream of misinformation. He never said there were good people in the right wing hate groups or the left wing hate groups at a demonstration against destroying American history by tearing down statues, and he never said the coronavirus was a hoax. He never said Mexicans were bad people. But the haters still hate and the liars still lie. Even when it gets corrected at the source, or watchdog groups show the video was cut or filtered, the lies still circulate because they hate Trump and by extension, the 60 million who put him in office. Even now in a crisis that is hurting their own pension funds and investments, their neighbors and their families, they continue to lie, because they hate Trump more than they love Americans.

Thursday, June 13, 2019

Cheering on the next recession

When Trump got the nomination in 2016 the experts (mostly Democrats working in non-profit "think tanks") predicted economic disaster. Since early 2017, the same "experts" have been predicting a recession. Our local news channel took the time out to announce one last night. Since they come around about every 10 years, someone will eventually get this one right. OTH, it seems some in media are pushing for economic failure so Democrats can have a crisis they will resolve by taking over more of the economy. They were doing the same in 2007. Remember the ARRA? The last recession was over (June 2009) before the first dollar to pay off Obama supporters was out the door. Then like the LA homeless, the Democrats relieved themselves on every effort of Americans to rebuild. They particularly enjoy terrorizing the little guy just building her business; after all, they've got the giant corporations on their side, like big tech and big pharma, who have the bucks to finance their campaigns and lobby for more regulation (keeps the up and coming stalled).

Here’s a really safe December 2016 prediction—maybe good, maybe bad.  World economy could suffer if Trump makes America great again. https://www.moneytips.com/what-economists-are-predicting-for-2017-under-president-trump

Predictions from June 2018—things are good now, but look out. http://fortune.com/2018/06/04/recession-2020-trump-trade/

Many forget the recession of 2000. How did President Bush handle that with the 9/11 disaster? Lowered taxes. Quick recovery. Congress enacted tax cuts to families in 2001 and investors in 2003. EGTRRA saved taxpayers $1.35 trillion over a 10-year period. Democrats hated this one. Said it decreased the government's "income." Note the cons in this article. https://www.thebalance.com/economic-growth-and-tax-relief-reconciliation-act-3305764

Friday, October 01, 2010

Obama's plan for the economy--written June 10, 2008

"We'll be hearing a lot about the economy from Obama. Being a Democrat, he'll of course propose new taxes while rescinding the Bush tax cuts. Being a Marxist, he'll aim high (or is that low?). Marxists as you'll recall if you were schooled before 1990 (when they disappeared from every country outside the Americas and from our school books), believe there are only exploiters (capitalists) and the exploited (workers). You can view a tape of Obama's pastor if you're fuzzy on the details--Black Liberation Theology is Marxism in black face. So in a country where most people aspire to be either rich capitalists after their college daze, or taken care of after their drug haze, and there is virtually no poverty, just a gap between the bottom quintile and the top quintile, the Marxists may be entering the golden age. An age when the government will finally succeed in destroying private property, marriage, unborn babies, religion, and national borders. (We've actually got a good head start on this, so it shouldn't take much.) It didn't work in poor, uneducated countries across the pond, so maybe it will in one of the most successful and richest. It could even be Obama's secret weapon to fight illegal immigration! Who would want to come here if it's more of what they left?

It's really going to help a lot to tax the oil companies' profits and take away their tax incentives instead of deregulating, which would allow for drilling or refineries. Money in alternatives? I'm sure of it, and so are they! They're smarter than our Congress so I'm guessing they're just waiting until Congress sweetens the deal after show and tell. I'm looking forward to that wind driven car going 5 mph between battery plug-ins. And all those products we use made of petroleum--I guess we'll cut down all the trees, or make them out of cotton, or wool or dirt. Those of you sweltering on the east coast right now, get used to it. AC will definitely be out. . . except for government officials, former veeps from TN and NC senators in giant houses."

I nailed it, didn't I?

Tuesday, December 15, 2009

Global warming measures and malaria

We've killed a lot of Africans and Asians with our messing around with malaria and other mosquito borne diseases--more than all the wars of the 20th century; more than all the lives lost in the transatlantic slave trade. But we could possibly do something with the money we're planning to throw at an unsuccessful warming trick. Like try to undo the damage.
    "Take malaria. Most estimates suggest that if nothing is done, 3% more of the Earth's population will be at risk of infection by 2100. The most efficient global carbon cuts designed to keep average global temperatures from rising any higher than two degrees Celsius above pre-industrial levels (a plan proposed by the industrialized G-8 nations) would cost the world $40 trillion a year in lost economic growth by 2100—and have only a marginal impact on reducing the at-risk malaria population. By contrast, we could spend $3 billion a year on mosquito nets, environmentally safe indoor DDT sprays, and subsidies for new therapies—and within 10 years cut the number of malaria infections by half. In other words, for the money it would take to save one life with carbon cuts, smarter policies could save 78,000 lives." BJORN LOMBORG
Unfortunately, to environmentalists a perceived non-threat to polar bears is a bigger deal than a real threat to an African child.

More Al Gore misinformation: Several weeks ago, Mr. Gore claimed on a TV talk show that the earth's core was millions of degrees hot, and at the Copenhagen climate change summit, he claimed new computer modelling suggesting a 75% chance of the entire polar ice cap melting during the summertime by 2014. However, Dr. Wieslav Maslowski, the climatologist whose work the prediction was based on, refuted his claims. “It’s unclear to me how this figure was arrived at. I would never try to estimate likelihood at anything as exact as this,” said Maslowski. Go home, Al. Buy a smaller home. Make a smaller footprint. You are an embarrassment.

Tuesday, November 03, 2009

It's not about health, energy or the environment

All Obama's policies reflect a core liberal mindset that spans policies and endures decades, according to Heritage Blog (and mine too if you've been following it).

And that is, "the willingness to forego jobs and wages for American workers to achieve other goals liberal policymakers deem more worthy. In the case of tax rates, [Laurence] Summers admits growth will be sacrificed at the altar of a soak-the-rich mentality married to the need to fund Obama’s spending surge.

Health care reform has become an excuse to expand the reach of government and levy even higher taxes. The new House health care bill has yet higher rates than Summers was talking about: another blow to jobs and wages.

Cap and trade, a.k.a. pack and move for what it would do to the nation’s manufacturing sector, is an explicit, enormous trade off of lower economic growth for environmental goals. Recognizing the damage this policy would do to the economy, proponents anxiously argue that a few “green jobs” building subsidized windmills can compensate for the millions of real jobs destroyed if this legislation reaches the president." Read the entire piece here.

Friday, October 30, 2009

The Green MBA

Somedays I'm just overwhelmed by the green hype. As a Christian I take stewardship and conservation very seriously. We are commanded by the Creator God to do that. The record is clear in Genesis--God created everything, including the first couple, a man and woman, and gave them two commandments: 1) Be fruitful and increase in number and 2) rule over his creation--plants and animals, oceans and air, beasts, birds and seeds. And then he declared it all good.
    And God blessed them. And God said to them, “Be fruitful and multiply and fill the earth and subdue it and have dominion over the fish of the sea and over the birds of the heavens and over every living thing that moves on the earth.” 29 And God said, “Behold, I have given you every plant yielding seed that is on the face of all the earth, and every tree with seed in its fruit. You shall have them for food. 30 And to every beast of the earth and to every bird of the heavens and to everything that creeps on the earth, everything that has the breath of life, I have given every green plant for food.” And it was so. 31 And God saw everything that he had made, and behold, it was very good.
You can look through any academic program at Ohio State (or any college or university near you) and see the endless moralizing, preaching and nagging about the environment, but there's no foundation--nothing about God's creation, the fall, justice, mercy or why other than self interest we should be caring for planet Earth. At the top level (very thin) it's humanism (man is in charge); dig deeper and the middle level, really thick, is Marxism (the state is in charge and a one world government would work best); but at the sludge level which is bottomless, it's pantheism (we are all one divine being, one consciousness, animals have the same worth as people).

Ohio State University’s Fisher College of Business came in 24th on the list of the “Beyond Grey Pinstripes Global 100” of the Aspen Institute Center for Business Education. “The CBE equips business leaders for the 21st century with a new management paradigm—the vision and knowledge to integrate corporate profitability and social value. . . CBE is a part of the Aspen Institute Business and Society Program (BSP), an organization dedicated to developing leaders for a sustainable global society [which] creates opportunities for executives and educators to explore new pathways to sustainability and values-based leadership.” Van Jones, the White House Green Jobs czar who escaped to John Podesta’s think tank when his Communist and radical ties were exposed, was one of the invited speakers at the 2008 Ideas Festival of the Institute.

Hello Agriculture, Political Science and Social Work students--I guess you’ll have to become the bankers and financiers, the investors and CEOs. It has captured all your buzz words -- global sustainability, greening the business world, building a just economy, climate change, climate justice, economic justice, emerging green economy, environmentally responsible. Now all we need is someone to make money and invest again in America.

The founder and “mother” of the CBE, Judith Samuelson, wants the White House to go much further in its plan to control executive compensation. She seems completely unaware of the extent that government interference in business has brought us where we are in this Wall Street Journal article.

Sunday, October 25, 2009

Has Bill McKibben abandoned Jesus for Al Gore?

Looking back through his writings, I'd say YES. Five or ten years ago he was obsessed with correcting self-centered, me-and-Jesus Christianity, the failures of dispensationalism on the one end and Rick Warren on the other, with some CO2 and environmentalism as top dressing. Oddly, I didn't find much criticism of the humanistic, communistic, peace and justice Christians. The ones whose churches have emptied out from lack of following Jesus. From admiring Cuba's agriculture, to criticizing just about everything in American culture, his Christian veneer is desperately thin, even five years ago. Yesterday, the big 350 event, shows he's completely moved to climate changism. Algorism. No more "let's pretend". Since Jesus put all Creation in motion, (In the beginning was the Word, and the Word was with God, and the Word was God. He was in the beginning with God; all things were made through him, and without him was not anything made that was made. John 1:1-3 RSV), it's odd to see yet another man-made, spiritual but not Christian, movement go global. Ah, the power of the internet. Paul was much more convincing back in the first century and demanded much more of people than demonstrating, painted faces, group projects, and protests. Yes, much more demanding.

Hundreds of photos at the 350 site. From expensive sail boats to high tech bicycles. But I thought this one on the site of a destroyed culture seemed to best illustrate what eco-fundamentalists want for us--especially America. Didn't the rulers of some of these civilizations need human sacrifice to stay in power?

Saturday, October 24, 2009

Mr. President, there is no consensus

Why does he keep smacking us with the global warming myth? Calling us names like naysayers and cynics. Defeatists. Living in the past. Pretending that most people believe it? Any thinking person can see where we're going with the cap and trade bills and agreements--not to protecting future generations, not to lower energy costs, not to saving glaciers and polar bears. Not only do we know the temperature hasn't risen in a decade, but we're on to his one world, global control scheme. It's just an opinion but considering what a bad country he believes he's heading, I think our president, hopes soon to be ruler of the world. (Look out Norway, he's got his eye on you!)
    “There are those who will suggest that moving toward clean energy will destroy our economy — when it’s the system we currently have that endangers our prosperity and prevents us from creating millions of new jobs. There are going to be those who cynically claim — make cynical claims that contradict the overwhelming scientific evidence when it comes to climate change, claims whose only purpose is to defeat or delay the change that we know is necessary.” Obama's remarks at MIT, Friday
If anyone bought into this, it would be the building trades, architects in particular. Their livelihood depends on it--they're wetting themselves over the thought of tearing down the clunkers and getting government money to build green. And yet the cover story of Architect says 46% believe in climate change, 34% believe it isn't caused by humans, 13% believe global warming is a myth perpetuated by the media, and 7% aren't sure that building green will help when China and India are expanding so rapidly. So let's see, that's 46% for, and 54% who either don't believe it's man made, or it's a myth, or that there aren't political solutions. Does that sound like a consensus to you?

And how about Pew Research Center? According to the New York Times
    The decline in the belief in solid evidence of global warming has come across the political spectrum, but has been particularly pronounced among independents. Just 53% of independents now see solid evidence of global warming, compared with 75% who did so in April 2008. Republicans, who already were highly skeptical of the evidence of global warming, have become even more so: just 35% of Republicans now see solid evidence of rising global temperatures, down from 49% in 2008 and 62% in 2007. Fewer Democrats also express this view – 75% today compared with 83% last year.
Obama and Waxman are losing ground on this, even among their own people. No wonder he wants to rush it through. The biggest drop of support is in the Mountain States. Hmmm. Do you suppose they are figuring out what cap and trade will do to their economy?

What's the hurry, Mr. President? "Never waste a [man made, trumped up, media engorged, one-world government] crisis."

Saturday, October 11, 2008

Good-bye Cincy

The goal of Green Cincinnati Plan is to reduce greenhouse gas emissions by 8% in 4 years, 40% in 20 years, and 84% by 2050. This plan has 80 specific recommendations. Everything from riding your bike, to air drying your dishes to composting your garbage. And why are they doing this Earth Day repeat that anyone who lived through the 70s remembers?
    "You‘ve seen and heard about it everywhere, from the media and the scientists to celebrities and your own family members. Earth‘s climate is changing, and we all are to blame." GCP Introduction
Because they saw Al Gore's movie and listened to some Hollywood starlet who reads script for a living say it is true. Helloooo Ohio--you used to be under a glacier. We are not to blame for climate change. There are a hundred good reasons to have clean air and water, but why don't you start with cleaning the trash off the city streets, the old mattresses from the underpasses, and requiring all the legislators to reduce their BMI and their hot air. The world would be a much cleaner, cooler place. No one has a clue how much greenhouse gas emissions will be reduced by these measures, but I think we can guarantee that for every new "green" business or activity you bring to town that can smell a greenback a mile away, you'll drive ten established businesses out who won't be able to afford this idiocy.

Mayor Mallory needs to read Kids Against Anthropogenic Global Warming written by a 14 year old. Not everyone under 65 has been sucked into this silliness.
    Our mission here at Kids Against Anthropogenic Global Warming is to make aware that AGW is nothing but an unproven theory. We don’t want to pay all these carbon taxes when they are enforced, especially if its for something unproven.
You go girl.

Tuesday, October 07, 2008

Global Economic Challenge

C-SPAN covered an interesting conference yesterday called Global Economic Challenge. The first guy said that when he accepted the invitation to speak a year ago, he had no idea we'd be in the middle of this mess. I thought that was quite telling because I wrote a poem about the mess at Fannie and Fred in September 2007. If I noticed it, I wonder why the economists on the panel didn't. Or maybe they did and Congress stonewalled them as they did Bush.

Paul Krugman was on the panel. He and Thomas Sowell are about the only economists I've read. His comments were interesting to say the least, in that he really had no answers. He was extremely hesitant--almost as many "ahs" and "uhs" as Barack Obama as he thought his way through his responses. There were lots of "could be" and "it's not compelling" type phrases. However, in discussing how our problem has spread world wide he reminded me of something I'd completely forgotten; the Asian economic contagion of 1997-1999. The only reason I remember it at all is that it started in tiny Thailand and spread through out Asia. A Thai PhD student came to me looking for a job. Not only had her government scholarship money dried up, but her very wealthy family had been wiped out. She had even sold her jewelry. Usually I didn't hire this type of student because they often don't do well in repetitive library routines, but I felt sorry for her and for the few months she worked for me, she was able to perform some complex jobs. Her IQ probably qualified her for Mensa. As soon as the college offered her an assistantship, she quit.

Krugman did make some memorable points, however. It isn't just the trade linkages--where we're buying less from other countries and hurting their economies. Diversity, which is recommended for the private investor, actually hurts us in the global economy. Many of our assets are foreign owned, so that affects the world economy. Krugman didn't like the Paulson Plan--he joked that it should be called "Bailey Mae" or "Hanky Panky." Capital has been destroyed he said, and Paulson has "grabbed the wrong end of the stick." (Note the complex economic jargon.) He should have injected capital, but time was wasted as well as political capital.

In conclusion, with one tiny jab at the Bush Administration (the lack of blame here I think indicates that the Bush admin is not to blame) he said, "This is amazing stuff," which I'm sure the audience found helpful, and that "We need clear thinking."

Guess I'll keep checking the blogs for links to CRA and ACORN. Good intentions run amuck, or Fox watching the hen house sounds about as useful an explanation as "stuff out of whack" and "burst housing bubble."


Freddie and Fannie
Sept. 29, 2007
by Norma Bruce

Freddie and Fannie
went up to Capitol Hill
to fawn for a bigger profit
Sticking you and me with the bill.

With help from our taxes
They'll package and resell,
a windfall for the banks and rich,
for the rest of us, economic hell.

Years ago the original aim
was to help the struggling poor.
Now they seek those jumbo loans--
Congress and Bush! Show them the door!