29 Jun 2009

Krugman Vindicates Jeff Tucker

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A while ago, when I was considering working for the Institute for Energy Research, I was talking with Jeff Tucker about climate change. He agreed that it would be a “hot topic” for a while, and so that I didn’t need to worry about specializing in the equivalent of Betamax cassettes. Then he said, “Climate change is the Left’s War on Terror.”

From Krugman’s NYT column today (HT2 Bill Anderson)

Do you remember the days when Bush administration officials claimed that terrorism posed an “existential threat” to America, a threat in whose face normal rules no longer applied? That was hyperbole — but the existential threat from climate change is all too real.

Yet the deniers are choosing, willfully, to ignore that threat, placing future generations of Americans in grave danger, simply because it’s in their political interest to pretend that there’s nothing to worry about. If that’s not betrayal, I don’t know what is.

28 Jun 2009

An Unexpected Invitation from the LORD

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In the first chapter of Isaiah, the prophet recounts his vision of the Lord. He relays standard Old Testament warnings about how the children of Israel are forgetting their blessings, and that their obedience to rituals is not what the Lord seeks. But then Isaiah says:

18 “Come now, let us reason together,”
says the LORD.

“Though your sins are like scarlet,
they shall be as white as snow;
though they are red as crimson,
they shall be like wool.

19 If you are willing and obedient,
you will eat the best from the land;

20 but if you resist and rebel,
you will be devoured by the sword.”
For the mouth of the LORD has spoken.

To repeat something I’ve been saying a lot on this blog, the God of the Jewish and Christian Bible wants you to use your reason. He gave it to you as a gift and tool. This alleged hostility between faith and reason (or science and reason) is spurious. There are atheists and fundamentalists who loudly tell us about this hostility, but they are wrong.

27 Jun 2009

More Conspiracy Theories

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The Waxman-Markey bill squeaked through the House. I think it is undeniable that the coverage of Michael Jackson’s death helped in its passage. People were distracted by the coverage of Jackson, and so not as many called their representatives to complain.

The obvious conspiracy theory suggests itself, especially when you lump in Farrah Fawcett and Ed McMahon. I am not advancing this as a serious theory, but I will say this: If Waxman-Markey squeaks through the Senate later this year, and Paul McCartney dies the night before, I’m gonna be really suspicious. (And if you throw in Jaclyn Smith and Burt Ward the same week, I will smell a rat for sure.)

27 Jun 2009

IER Calls for End to All Energy Subsidies

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The Washington Post recently sounded very free market in its objections to subsidies for “clean coal.” An IER commentary says:

When coal is concerned, the Post recognizes how the incentives Members of Congress face lead to troubling results. The Post’s editors should remove their blinders to examine how their concerns about coal subsidies apply equally to the renewable subsidies the Post supports.

The Post should join the Institute for Energy Research and call for an end to all energy subsidies. That would at least make them intellectually consistent.

I know there are numerous other sins of which IER has been accused, but I hope “you should officially call for an end to all subsidies” now comes off the list.

27 Jun 2009

Is the Dollar Doomed?

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I linked to this Seeking Alpha post already, but even if you followed the link you may not have continued to the charts on Part 2. (Tim Swanson had stressed this in his original email to me.) Check these out:

We all knew the fiscal situation was bleak, but I didn’t realize just how bleak.

In related news, the WSJ reported yesterday: “China will push reform of the international currency system to make it more diversified and reasonable, and to reduce excessive reliance on the current reserve currencies, the People’s Bank of China said Friday.” We all know what that means:

The PBOC comments “fuel concern about reserve diversification undermining the U.S. currency,” said analysts at Credit Suisse.

China’s central bank said in the annual report that under the proposal, the IMF should “manage part of the reserves of its members” and be reformed to increase the rights of emerging markets and developing countries.

It also urged stronger monitoring of countries that issue reserve currencies. Central banks around the world hold more U.S. dollars and dollar securities than they do assets denominated in any other individual foreign currency.

That part I put in bold is particularly ominous. Sounds a bit like, “Hey, if we’re going to tie our economy to the U.S. dollar, we get some say in Federal Reserve policy.” It looks like they’re making it official.

26 Jun 2009

David Icke: The Turning of the Tide

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All right kids, I know I’ve been laying a lot of video on you lately. A while ago I mentioned the documentary Wake Up Call. By far, the most compelling guy from the clips of that movie, was David Icke.

I just watched Icke’s Turning of the Tide, and it is amazing. I don’t agree with him on everything, but wow this is an interesting worldview.

Below is the first clip; if you want the rest, go here.

26 Jun 2009

JFK: Courage Under Fire?

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This just occurred to me: I think the most plausible explanation for JFK’s demise is that people who controlled the government took him out. In other words, I think it is crazy to assume that (a) the mob or the Cubans could sneak past the Secret Service and (b) that these same mobsters or Cubans *could then convince the rest of the government to cover up their crime*. Maybe (a) is possible, but no way is (b) possible.

OK, so that means JFK was, in a sense, a prisoner of the presidency. In fact, he had the most bugged and monitored work place of any American. These people watched his every move; they had their guys–who were trained to kill–literally following him around 24-7. Kennedy knows he’s crossed these people and they are waiting for the right time.

Then on November 22, Kennedy realizes the motorcade is taking a decidedly unsafe route. Had he been alone, he would have seriously considered making a break for it, or blurting out the names of the key people.

But no, he just smiled and waved, because they had put his wife in the car with him.

26 Jun 2009

Not a Fan of Geithner

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James Quinn realizes there is some skullduggery afoot (HT2 Tim Swanson). I haven’t read the whole thing yet, but so far he’s my favorite part:

Part 3 of the plan was the fake stress test conducted by Tim Geithner, his Treasury Department, and the Federal Reserve. The entire stress test was a publicity stunt conducted to provide a false sense of confidence in the largest banks so they could fool investors into pouring billions of new capital into their bankrupt banks. The assumptions used in the stress test were stress free. Unemployment is already higher than the worst case scenario. The stress test time frame ended in 2010. The next wave of mortgage resets and foreclosures will hit in 2011 and 2012.