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Get Ready to Throw Your Remote at the TV

madhedgefundtrader's picture




You are about to be pounded senseless by competing sets of data arguing that global warming is accelerating, not changing, or like Santa Claus, doesn’t exist at all. You will be offered truckloads of contradictory, apple and orange comparisons, which sound relevant to non-scientists, but make it is impossible to reach any meaningful conclusions. The onslaught will be so annoying and offensive that you will no doubt be prompted to throw your remote at the TV in a fit of anger. With health care soon out of the way, cap & trade, alternative energy, and the restructuring of our energy infrastructure will move to the head of the queue as the next battleground in Washington. A stubbornly high unemployment rate and a potential double dip recession means that Obama could lose control of the house in November. So he has no choice but to ram through his most radical legislation in 2010. It’s now or never. The president certainly made no secret of his desire to wean the country off of terrorist financing imported oil during the election, which means that we have to come up with 20 million barrels a day of crude in energy equivalent or savings from somewhere. Think 10-20 supertankers a day of Texas tea. The environment is first and foremost an engineering issue. The last time I checked, both parties, even their most radical wings, agreed unequivocally that the boiling point of water was 100 degrees C, the atomic number of carbon was 6, and the formula for carbon dioxide was CO2. That won’t stop politicians from hijacking, emotionalizing, and clouding the issue to serve their own selfish local agendas. At stake is nothing less than the 10% of America’s GDP that the energy industry accounts for, and the moving of substantial economic amounts of activity out of Texas, Oklahoma, and Louisiana to the East and West coasts. Don’t expect this to happen without a knockdown, drag out fight. Since I believe that alternative energy will be one of the dominant investment themes of the coming new decade, and have the luxury of a science background, I will be wading through this morass attempting to provide readers with whatever insights I can. Watch this space, and keep that remote handy. For more iconoclastic and out of consensus analysis, please visit me at www.madhedgefundtrader.com .




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Mon, 12/28/2009 - 15:47 | Link to Comment ozziindaus
ozziindaus's picture

"Don’t expect this to happen without a knockdown, drag out fight"

You mean in the house and senate? Bullshit, they always pass regardless of how ridiculous the bill is. Cap and Trade is what happens when you run out of cheap labour around the world.

Remember this? Same shill, different agenda.

http://www.youtube.com/watch?v=GhwhMXOxHTg

Mon, 12/28/2009 - 10:07 | Link to Comment Anonymous
Mon, 12/28/2009 - 03:49 | Link to Comment CEOoftheSOFA
CEOoftheSOFA's picture

The Earth is going to get 5-7 degrees F warmer than it is today and there isn't a thing we can do about it. This is how much warmer it was during the Medieval Warm Period, 800-1300 AD.  During this period, diaries from English Monks indicate that vinyards existed in Central England, 500 km further north than they exist today.  England actually exported wine to continental Europe.  Logs from Icelandic fishing vessels indicate that the polar ice cap was much further north than it is today.  Greenland actually was green and had many farms.  This data does not fit the global temperature models, so the warmnics just blow it off by saying the Medieval Warm Period and Little Ice Age were just regional aberations.  This is BS since we know the Little Ice Age also affected North America.  The amount of CO2 emitted by humans is a drop in the bucket compared to the amount of CO2 absorbed by the oceans.

CEO of the SOFA

One of the 31,000

Writing from the Republic of Yemen

  

Mon, 12/28/2009 - 03:35 | Link to Comment Anonymous
Mon, 12/28/2009 - 00:29 | Link to Comment Missing_Link
Missing_Link's picture

Carriage returns  ...  they're a good thing.

 

 

See,

like

this.

Mon, 12/28/2009 - 00:16 | Link to Comment Anonymous
Mon, 12/28/2009 - 02:06 | Link to Comment Uncle Remus
Uncle Remus's picture

"Whose side are the people in Kansas going to be on?"

 

Oh shit, now I AM worried.

Sun, 12/27/2009 - 23:09 | Link to Comment Implosion Therapy
Implosion Therapy's picture

It all  seems like the ultimate wedge issue..pro-life on steriods. What?! you hate the earth and dont want to save the human race from the evil capitalist? Does it really matter in light of peak oil and the cycles of warming and cooling/ I mean we may have aggravated the situation..but completely changed the enviroment in 100 yrs?..seems a little arrogant to think the we as humans have that much lasting impact...we will go the way of the dinosaurs...we arent the end of evolution...soon enough we will be a side note at best..the earth will cleanse itself of our pollution and one day some new industrial revolution may start...and we will be the fuel..

 

 

Mon, 12/28/2009 - 03:52 | Link to Comment A Nanny Moose
A Nanny Moose's picture

I wish we would get on with it already. The suspense is killing me!

Of course our destruction will differ from other species, in that it will probably be self-inflicted.

Sun, 12/27/2009 - 23:53 | Link to Comment Rusty_Shackleford
Rusty_Shackleford's picture

Bingo.

 

Here's news to all you hippies:

 

The earth doesn't give a flying fxxk! 

 

It was just as happy with a reducing atmosphere and a completely sterile surface (probably more happy).

Do any of you have any idea how long 4.5 billion years is?

Oh, but when promoting radical change, passion and good intentions are what matter most. Real-world consequences count for far less, right?

The narcissism of the enviro-left is just astounding. 

Sun, 12/27/2009 - 20:47 | Link to Comment Anonymous
Sun, 12/27/2009 - 20:37 | Link to Comment Anonymous
Sun, 12/27/2009 - 22:42 | Link to Comment Silver Bullet
Silver Bullet's picture

Wow. Just, wow.

The unions are the reason actual learning dosn't happen in our schools? I could list a dozen more legit reasons as to why your point is correct.

And yes, the big, bad socialists (hilarious) are pushing climate change on us.

Mon, 12/28/2009 - 00:11 | Link to Comment Anonymous
Sun, 12/27/2009 - 20:27 | Link to Comment masterinchancery
masterinchancery's picture

If you think AGW has any scientific merit whatsoever, your science education wasn't as good as you think it was.

Sun, 12/27/2009 - 20:26 | Link to Comment Anonymous
Sun, 12/27/2009 - 20:22 | Link to Comment Anonymous
Sun, 12/27/2009 - 20:02 | Link to Comment Anonymous
Mon, 12/28/2009 - 03:45 | Link to Comment A Nanny Moose
A Nanny Moose's picture

insured by Warren Buffet no doubt

Mon, 12/28/2009 - 00:06 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:58 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:53 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:48 | Link to Comment JackTheOffer
JackTheOffer's picture

Also, it's Texas "T".  As in the idea, "oil put the T in 'Texas.'

Sun, 12/27/2009 - 19:40 | Link to Comment alphacharlie6
alphacharlie6's picture

Civil disobedience and rebellion is brewing over this and other issues. An East-West-North-South split of the U.S. has been forming. Obama will use this as an excuse to pull our troops out of foreign lands in an attempt to put down the disorder on U.S. soil and restore the Union. Egregious. Welcome to 2012.

All this because of a stupid, misguided, arrogant notion that man has any control or effect on the earth's climate. Then again, the alarmists do have all the answers, don't they? And, who is against saving the planet?

This is just another way to transfer assets from one group of voters to another. In the process, the current political party tries to keep its power, Al Gore gets to be a billionaire, Obama leaves his legacy and the sheep get fleeced (yet again).

 

 

Sun, 12/27/2009 - 19:34 | Link to Comment Anonymous
Sun, 12/27/2009 - 18:44 | Link to Comment Giovanni Zucchetti
Giovanni Zucchetti's picture

Have been in the oil biz since 1980.  AGW is not a hoax.  For the last couple of years we have basked in the coolness of a La Nina.  She's done. She fooled a lot of people. 2009 is significantly hotter than 2008.  The recent theory of global cooling/no warming is DOA. For those who fell for it, you are susceptible to being scammed, and are in no position to calling science a fraud.

Sun, 12/27/2009 - 19:53 | Link to Comment Rusty_Shackleford
Rusty_Shackleford's picture

"Have been in the oil biz since 1980."


Hmmmmm, your ideas are intriguing to me and I wish to subscribe to your newsletter.

Sun, 12/27/2009 - 21:37 | Link to Comment Anonymous
Sun, 12/27/2009 - 23:41 | Link to Comment Rusty_Shackleford
Rusty_Shackleford's picture

Hey Anon #175642,

Are you coming on to me?

 

I'll have you know that pleasuring a man with a socked foot ONE TIME, does not make a person gay.

Sun, 12/27/2009 - 19:51 | Link to Comment JackTheOffer
JackTheOffer's picture

"Have been in the oil biz since 1980."

 

That's nice.  Fill it with regular and clean the windshield, kid.  And don't believe all the fraudulent crap you see on TV.  "Global warming," manmade or otherwise, is a scam and a fraud.

Sun, 12/27/2009 - 23:00 | Link to Comment Crime of the Century
Crime of the Century's picture

+1   :D

Sun, 12/27/2009 - 19:43 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:25 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:12 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:11 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:10 | Link to Comment Crime of the Century
Crime of the Century's picture

Bullshit, the "oil biz" is in the "AGW biz" as much as any granted academic (as the UEA archives reveal). Global warming is a fact of life, but the "A" in AGW is any number of issues not related to CO2, and none of which can be changed by taxes or emissions trading scams. The actual amount of warming has been overstated, as satellite readings attest, and the paleoclimate reconstructions absolutely deny the physical evidence and historical records. Anthropologists and geologists alike wonder why this is. Oh, and your "significantly warmer" '09 - define it. Cold and snowfall records are being set worldwide. But you know this...

Mon, 12/28/2009 - 00:19 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:08 | Link to Comment Anonymous
Sun, 12/27/2009 - 18:22 | Link to Comment Spitzer
Spitzer's picture

Oil will still dominate.

Solat and wind is all BS and they will be horrible investments going forward.

Sun, 12/27/2009 - 20:26 | Link to Comment Sancho Ponzi
Sancho Ponzi's picture

Small nuclear power plants are the future, folks, and they start shipping in 2013. Prismatic lithium batteries will allow for lighter, more efficient electric cars in about 2-3 years as well.

http://www.hyperionpowergeneration.com/

Peak oil will become a moot point.

Sun, 12/27/2009 - 23:25 | Link to Comment Implosion Therapy
Implosion Therapy's picture

A moot point? hmmm..gonna run tractors off these batteries?tractors and cheap oil allow us to grow so much food,,not to mention the petroleum used in fertalizers and how exactly are you gonna manufacture these batteries without cheap oil? Transport them? and the electricity to charge these batteies? hell how are you gonna build the cars without petroleum? And the uranium to power these nuke plants? how do we mine without oil?..moot point huh..see ya in the dark ages

Mon, 12/28/2009 - 03:38 | Link to Comment A Nanny Moose
A Nanny Moose's picture

oil on my lettuce and spinach...I'll pass unless it's avocado or olive oil. This is one aspect that needs to stop or the ground will no longer provide that lettuce and spinach.

Sun, 12/27/2009 - 23:56 | Link to Comment SWRichmond
SWRichmond's picture

"Petroleum used to make fertilizer" is a myth.  Natgas is used early in the process.

Baseload nuke plants can charge batteries overnight when electric demand is usually lower.  This kind of demand diversion for commuter transport leaves more petro fuels available for the heavier uses.

Uranium supply is estimated to be about 200 years at current usage.  Close the fuel cycle and the time gets longer. 

You can go dark ages if you want.

Sun, 12/27/2009 - 19:50 | Link to Comment alphacharlie6
alphacharlie6's picture

Oil must dominate! Otherwise, excessive levels of "green energy" will throw us into "global cooling". We must burn oil and fossil fuels a record rates before it's too late. Drill, baby, drill!

 

Sun, 12/27/2009 - 19:47 | Link to Comment Objective Soul
Objective Soul's picture

Solat sounds interesting.

Sun, 12/27/2009 - 23:29 | Link to Comment Anonymous
Sun, 12/27/2009 - 19:18 | Link to Comment Rusty Shorts
Rusty Shorts's picture

USA to invade West Africa next, huge oilfield discovered just off the coast of Ghana, (West Tano Basin)...of course, then there's all that Gold just inland.

 

Oil link;

http://www.marketwatch.com/story/cnooc-challenging-exxon-over-ghana-oil-wsj-2009-10-11

 

Gold link;

http://www.youtube.com/watch?v=QbNAtWHhXq4

http://www.youtube.com/watch?v=MB9jb_zgwSM

 

I have been able to travel to Ghana several times, and have toured the Gold mines, it is astonishing how much Gold is being pulled out of the ground. On one occasion, at the AngloGold Ashanti (Obuasi Mine), at the 800 foot level, there is a major vein of Gold (VISIBLE GOLD) approximately 12 inches wide and 36 inches long, which at one time extended all the way to the surface !!! I have pics and video, but cannot post here because I am not considered a contributor. Any suggestions ??

 

BTW, Ghana is the place to be in the near future, tons of opportunities.

Sun, 12/27/2009 - 17:51 | Link to Comment Anonymous
Sun, 12/27/2009 - 17:48 | Link to Comment SWRichmond
SWRichmond's picture

From Mein Kampf (the section on propaganda should be required reading in all high schools; this selection is Hitler's critique of the propaganda used by Germany in WWI):

Propaganda in the War was a means to an end, and the end was the struggle for the existence of the German people; consequently, propaganda could only be considered in accordance with the principles that were validfor this struggle.

If the so-called responsible authorities had been clear on this point, they would never have fallen into such uncertainty over the form and application of this weapon: for even propaganda is no more than a weapon, though a frightful one in the hand of an expert.

The second really decisive question was this: To whom should propaganda be addressed? To the scientifically trained intelligentsia or to the less educated masses? 

It must be addressed always and exclusively to the masses.

What the intelligentsia- or those who today unfortunately often go by that name-what they need is not propaganda but scientific instruction. The content of propaganda is not science any more than the object representedin a poster is art. The art of the poster lies in the designer's ability to attract the attention of the crowd by form and color. A poster advertising an art exhibit must direct the attention of the public to the art being exhibited; the better it succeeds in this, the greater is the art of the poster itself. The poster should give the masses an idea of the significance of the exhibition, it should not be a substitute for the art on display. Anyone who wants to concern himself with the art itself must do more than study the poster; and it will not be enough for him just to saunter through the exhibition. We may expect him to examine and immerse himself in the individual works, and thus little by little form a fair opinion.

A similar situation prevails with what we today call propaganda.

The function of propaganda does not lie in the scientific training of the individual, but in calling the masses' attention to certain facts, processes, necessities, etc., whose significance is thus for the first time placed within their field of vision.

The whole art consists in doing this so skillfully that everyone will be convinced that the fact is real, the process necessary, the necessity correct, etc. But since propaganda is not and cannot be the necessity in itself, since its function, like the poster, consists in attracting the attention of the crowd, and not in educating those who are already educated or who are striving after education and knowledge, its effect for the most part must be aimed at the emotions and only to a very limited degree at the so-called intellect.

All propaganda must be popular and its intellectual level mustbe adjusted to the most limited intelligence among those it is addressed to. Consequently, the greater the mass it is intended to reach, the lower its purely intellectual level will have to be. But if, as in propaganda for sticking out a war, the aim is to influence a whole people, we must avoid excessive intellectual demands on our public, and too much caution cannot be exerted in this direction.

The more modest its intellectual ballast, the more exclusively it takes into consideration the emotions of the masses, the more effective it will be. And this is the best proof of the soundness or unsoundness of a propaganda campaign, and not success in pleasing a few scholars or young aesthetes.

The art of propaganda lies in understanding the emotional ideas of the great masses and finding, through a psychologically correct form, the way to the attention and thence to the heart of the broad masses. The fact that our bright boys do not understand this merely shows how mentally lazy and conceited they are.

Once we understand how necessary it is for propaganda to be adjusted to the broad mass, the following rule results:

The receptivity of the great masses is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must harp on these in slogans until the last member of the public understands what you want him to understand by your slogan. As soon as you sacrifice this slogan and try to be many-sided, the effect will piddle away, for the crowd can neither digest nor retain the material offered. In this way the result is weakened and in the end entirely cancelled out.
Thus we see that propaganda must follow a simple line and correspondingly the basic tactics must be psychologically sound.

 

Chumba: want a job?  Motivate the masses.  We here at ZH can argue about the intellectual merits of events 'til the fricking cows come home and it won't mean a hill of beans.  Stand on a soapbox, pass out flyers, and regale passers-by with short stories of how they're getting fucked by the banksters.

Sun, 12/27/2009 - 17:44 | Link to Comment Anonymous
Do NOT follow this link or you will be banned from the site!