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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 | 176109 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 | 175881 Anonymous
Anonymous's picture

this guy Mad Trader is a gadfly who spouts 5 recommendations a day, never accountable other than for his winners of which he of course never fails to remind his audience. Were he as rich as he implies trust me he wouldn't be wasting time on his stupid blog. Think about it.

Mon, 12/28/2009 - 03:49 | 175798 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 | 175795 Anonymous
Anonymous's picture

The earth is going to get 5-7 degrees F warmer, and there isn't a thing we can do about it. This is how much warmer it was during the Medieval Warm Period from 800 to 1300 AD. During this period, records by English monks indicate that vinyards existed in Central England, 500 km further north than they exist today. Logs from Icelandic fishing vessels indicate that the polar ice cap was much farther north than it is today. Greenland actually was green and had many farms. This information doesn't fit the global warming 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 Scientists who signed the petition.
Writing from the Republic of Yemen

Mon, 12/28/2009 - 00:29 | 175737 Missing_Link
Missing_Link's picture

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

 

 

See,

like

this.

Mon, 12/28/2009 - 00:16 | 175728 Anonymous
Anonymous's picture

"An east-west-north-south split in the U.S. has been forming". Whose side are the people in Kansas going to be on?

thanks for the easy captcha

Mon, 12/28/2009 - 02:06 | 175771 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 | 175682 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 | 175799 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 | 175700 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 | 175621 Anonymous
Anonymous's picture

Santa Claus doesn't exist?

Sun, 12/27/2009 - 20:37 | 175612 Anonymous
Anonymous's picture

Please forgo giving me the benefit of your SCIENCE background. Any educated person that is willing to put half as much time in reading both sides of the Global Warming issue as they do reading this blog or watching sports will know that AGW is BS. And yes I have a science degree. And there are over 31,000 actual scientists that have signed a document stating that GW is a hoax. This is not the first scientific hoax pushed by the socialist crowd. The annuals of National Geographic and and many other journals pushed such hoaxes as the Piltdown Man, Java Man and others. The lifespan of these hoaxes has usually been around 20 years even though they are exposed rather early after their proposal. Even most current scince texts are filled with drawings purporting to show that humans in their early stages of formation are similar to other animals; these drawings were exposed as hoaxes by the scientific community decades ago, but the socialists continue to make sure that they are in the textbooks. The reason so little actual learning is accomplished in schools today is because they are controlled by the unions ( think GM, Chrysler and Ford).

Sun, 12/27/2009 - 22:42 | 175668 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 | 175720 Anonymous
Anonymous's picture

Haven't you cast the slightest glance Washington way? The socialists on both sides of the house have been shoveling plenty more than that down our collective throats since 1913, when they figured out they could use your money to buy your neighbors vote. You deserve everything your dumb neighbor asked for....... and got.

Sun, 12/27/2009 - 20:27 | 175608 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 | 175606 Anonymous
Anonymous's picture

The use of AGW as an issue for energy conservation is all obfuscation and arrant nonsense. The real issue has to do with
EROEI- the cheap oil is gone. The large land based fields such as Gwahar are all depleted. They find a billion bbd field and declare we're saved- that's about two weeks world supply.

Sun, 12/27/2009 - 20:22 | 175603 Anonymous
Anonymous's picture

We could get all the energy we need out of the ground. I just found out (Albert Gore) that just a couple of km. deep down the earth the temperature is "millions and millions degrees."
PS. And I thought our commie leaders were idiots. May God help us.

Sun, 12/27/2009 - 20:02 | 175600 Anonymous
Anonymous's picture

The cavemen got us out of the last Ice Age by driving around in their gas-guzzling SUVs.

Go ahead, prove me wrong....

Mon, 12/28/2009 - 03:45 | 175797 A Nanny Moose
A Nanny Moose's picture

insured by Warren Buffet no doubt

Mon, 12/28/2009 - 00:06 | 175715 Anonymous
Anonymous's picture

+10,000 BC

Sun, 12/27/2009 - 19:58 | 175598 Anonymous
Anonymous's picture

I thought you were going to comment on the Colts screwing an undefeated season by pulling their starters.

Sun, 12/27/2009 - 19:53 | 175595 Anonymous
Anonymous's picture

The boiling point of water is indeed 32 C; or any other goddamn temperature that is appropriate for the atmospheric pressure that the water finds itself in at the time. Steam tables much?

Secondly, for the first time in my life, I experienced a wind chill last week in excess of minus 70 degrees and a static temperature in excess of minus 50. Domestic cattle actually had their backsides split open by effects of frostbite and had to be destroyed.

Maybe it's about time we started pumping as much freon and co2 into the air as possible to bring temperatures back up from the progressively more dangerous low levels they're at. Global cooling is the real trend; not warming.

Sun, 12/27/2009 - 19:48 | 175589 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 | 175584 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 | 175581 Anonymous
Anonymous's picture

Arrow Trucking Company was forced to shut down without notice a few days ago stranding 1400 drivers and the cargo.

That cargo is probably related to the Petro Industry here in the USA.. if this is correct, do you think we are headed for a massive halt in our ability to drill, mine, move and pipe gas, oil etc?

Sun, 12/27/2009 - 18:44 | 175563 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 | 175594 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 | 175642 Anonymous
Anonymous's picture

Rusty;
I'm for sure but It's quit posable he left a link in the above post...could happen..... just say'in

Sun, 12/27/2009 - 23:41 | 175696 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 | 175592 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 | 175675 Crime of the Century
Crime of the Century's picture

+1   :D

Sun, 12/27/2009 - 19:43 | 175585 Anonymous
Anonymous's picture

"Have been in the oil biz since 1980" WTF difference does that make?

Sun, 12/27/2009 - 19:25 | 175578 Anonymous
Anonymous's picture

Didn't fall for the oil biz's global cooling in the 70's. Haven't fallen for the oil biz's AGW either. Sounds like GZ got the same margin call as Algore and Pachauri, Goldman too. Good luck finding bag holders.

Sun, 12/27/2009 - 19:12 | 175574 Anonymous
Anonymous's picture

That still doesn't explain sheep grazing in Greenland in 1000AD.

Sun, 12/27/2009 - 19:11 | 175572 Anonymous
Anonymous's picture

1000 yrs ago it was significantly hotter than 2008. Explain that! What's DOA is your dumb ass attempt at calling fraud science.

Sun, 12/27/2009 - 19:10 | 175571 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 | 175732 Anonymous
Anonymous's picture

Yes, the "A" in AGW is just a way to make some people rich.
Duh.

Sun, 12/27/2009 - 19:08 | 175569 Anonymous
Anonymous's picture

Sorry, but i took that class on thermodynamics...

Sun, 12/27/2009 - 18:22 | 175556 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 | 175605 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 | 175689 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 | 175796 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 | 175704 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 | 175591 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 | 175587 Objective Soul
Objective Soul's picture

Solat sounds interesting.

Sun, 12/27/2009 - 23:29 | 175690 Anonymous
Anonymous's picture

One of my favorite Pearl Jam cuts. (Solat = State of Love and Trust, for the uninitiated)

Sun, 12/27/2009 - 19:18 | 175576 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 | 175547 Anonymous
Anonymous's picture

Arnie's ready to do some offshore drilling!!
Diane Fienstein just told GS to stick their solar panels up their ass.Climategate is not going away. The left is in the process of choking down 30yrs worth of lies. The outrage is coming and the only trade in the money is short Alt-energy. Ask Algore he's dumping green energy as fast as he can. Bag holders BEWARE!

Sun, 12/27/2009 - 17:48 | 175546 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 | 175544 Anonymous
Anonymous's picture

I am tempted to throw my mouse at my monitor:
Freezing pt H2O = 32 F (0 C); Boiling pt H2O = 212 F (100 C).

Do NOT follow this link or you will be banned from the site!