• EconMatters
    11/24/2015 - 14:25
    Focus on policies promoting economic growth, lower taxes, and spending tax receipts more efficiently and not on one`s sexual orientation in the bedroom.

Global Warming

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On The Verge Of The Great Unraveling, Looking Back From 2050

Empires, like adolescents, think they’ll live forever. In geopolitics, as in biology, expiration dates are never visible. When death comes, it’s always a shock. "At the beginning of the great unraveling, in 2015, I was still a young man. Like everyone else, I didn’t see this coming. Today, in 2050, fewer and fewer people can recall what it was like to live among those leviathans... Thirty-five years and endless catastrophes later on a poorer, bleaker, less hospitable planet, it’s clear that we just weren’t paying sufficient attention. Had we been listening, we would have heard the termites. There, in the basement of our common home, they were eating the very foundations out from under us. Suddenly, before we knew quite what was happening, all that was solid had melted into air."

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For WHO, Red Meat Is A Red Herring

Our booming green-industrial complex built up by administrations of both parties in the US is effectively using the United Nations, its thirty two “sister” institutions — such as the World Bank, UNESCO, and numerous “tribunals” — and hundreds of training and research centers. This huge international bureaucratic buildup is already employing over a million “international civil servants” to administer what our socialist visionaries hope will become the world government of the future.

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The Most Devious Liars In The Room

There were a few different stories coming out over the last few days that reveal the true nature of government and the apparatchiks who use disinformation, devious machinations, fraudulent accounting, and taxpayer money to cover up their criminality, lies, and the true state of the American economy. The use of government accounting tricks to obscure the truth about our dire financial straits is designed to keep the masses sedated and confused.

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Another Inconvenient Truth? New NASA Study Finds Antarctica Is Gaining Ice

Well this is awkward. Just a month after former Aussie PM Tony Abbott openly questioned global warming data (and was 'replaced'), a new NASA study finds another inconvenient truth - Antarctica has been adding more ice than it's been losing, challenging other research, including that of the UN's Intergovernmental Panel on Climate Change, that concludes that Earth’s southern continent is losing land ice overall. Perhaps it is time to burn just a little more fossil fuel? And maybe VW was doing a global good with its defeat device? Paging Al Gore.

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What The Oil And Gas Industry Is Not Telling Investors

There are very real threats to the business models of oil companies, threats that need to be explained to investors, according to a new report by Carbon Tracker. Right now, those threats are not being taken seriously.

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Sanders And His Followers Are Not Outliers

Depending on one’s point of view, Bernie Sanders either held his own or boosted his chances against perceived front-runner Hillary Clinton in Tuesday night’s Democratic presidential primary debate. Regardless of whether Sanders ultimately secures the nomination, the size and energy of the Bernie phenomenon should not be underestimated. If anything, libertarians consistently misjudge the degree to which socialist thought is deeply rooted in the American psyche.

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Goldman Strikes Again: Did A Probe Into "Global Warming" Fraud Cost A Prime Minister's Job

Did Australia's Prime Minister Tony Abbott just lose his job because of fears that a probe and audit of the "data" and "statistics" behind global warming could threaten to destroy Goldman Sachs' best laid cap-and-trade, emissions trading scheme and carbon tax plans?

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Guest Post: Climate Fanatics Run Into Public Relations Snag

The caste of climate alarmists reminds us strongly of assorted doomsayers throughout history. They have almost become a kind of priestly caste, accusing us of committing the alleged “sin” of capitalism, even while they reserve for themselves the right to partake of its fruits to an extent few others are able to (as Greenpeace founder Patrick Moore notes, “environmentalism has become a religion”). Mind, we don’t believe genuine environmental concerns should be ignored, but AGW looks more and more like a contrived non-issue. The hysteria that has been on display of late is probably an indication though that its proponents are actually losing the debate.

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Guest Post: Is The Pope's Dream Our Totalitarian Nightmare?

Some high-profile commentators think they smell a Marxist clothed in white papal robes, who dreams of redistributing the world's wealth. Pope Francis insists that he has little interest in Marxism and that his political advocacy against materialism, capitalism, greed and idolatry are largely religious in nature but with the UN poised to strong-arm member nations to sign on to an impossible globalist agenda that will require a total shift of the world's wealth, and a restructuring of international politics and economics with a one-world government and a universal religion at the steering wheel. Even to the Pope's admirers, that sounds a less like peace and love and more like a utopian totalitarian nightmare.

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Frontrunning: September 22

  • Pressure builds on Volkswagen CEO as emissions-cheating probe spreads (Reuters)
  • Volkswagen Emissions Scandal Relates to 11 Million Cars (WSJ)
  • Volkswagen Emissions Investigations Should Widen to Entire Auto Industry, Officials Say (WSJ)
  • Germany's Bosch makes VW's U.S. diesel components (Reuters)
  • Volkswagen scandal will have personnel consequences - state economy minister (Reuters)
  • Glencore Falls to Record as Mining Shares Lead Stock Losses (BBG)
  • Despite Slump, China’s Xi Jinping Pledges Economic Reforms (WSJ)
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ESPN: Cutting The Cord Or Political Turn Off?

The catchphrase that seems to be picking up more and more steam is “cutting the cord” when referring to those that are dropping traditional cable TV for viewing choices or alternatives by other means. However, is “cutting the cord” really the reason for ESPN’s loss of millions viewers? Perhaps a large part of the underlying reason is: ESPN (like a few notable others such as NBC™) has seemingly transformed at near hyper-speed from sports reporting – to political sports reporting. The political edge now rampant throughout the shows, games, interviews, et al is overbearing, overburdening, and overdone.

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Does Capitalism Cause Poverty?

The world’s poorest countries are not characterized by naive trust in capitalism, but by utter distrust, which leads to heavy government intervention and regulation of business. Under such conditions, capitalism does not thrive and economies remain poor. Pope Francis is right to focus attention on the plight of the world’s poorest. Their misery, however, is not the consequence of unbridled capitalism, but of a capitalism that has been bridled in just the wrong way.

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