Seven Ways Obama Is Trying to Sabotage the Trump Administration

By John Hayward – Re-Blogged From http://www.breitbart.com

President Barack Obama’s final weeks in office seem dedicated to setting foreign and domestic policy on fire to make life as difficult as possible on his successor, Donald Trump. Here are some of the biggest mousetraps Obama scattered across the White House floor on his way out:

Betraying Israel at the United Nations: Obama’s refusal to block a United Nations vote against Israel, his administration’s shadowy machinations to bring that ugly motion to the floor, and Secretary of State John Kerry’s long-winded broadside against Israel will leave President Trump with a massive political crisis in the Middle East, and quite possibly a security crisis, if terror groups and their “political wings” are emboldened by the rebuke of Israel.

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Dow 20,000 Deja Vu

cropped-bob-shapiro.jpg   By Bob Shapiro

In the last 50 years, prices have gone up around 20 times. Aside from the obvious fact that the FED’s printing of new Dollar Bills out of nothing has stolen 95% of the Dollar’s value, I find it interesting when I consider the Dow Jones Industrial Average.

Around 50 years ago, the Dow approached the 1000 mark for the first time. (I recall seeing a Broaway show “How Now Dow Jones” which used Dow 1000 in the plot line.)

dow-65-to-82

But, the Dow couldnt make it past 1000 at that time. It pulled back by 25% and made another run in ’69, but still it fell back – way back.

The Dow made another 3 tries – and even made it 7% above 1000 before the Recession in 1974 – but it wasn’t until 1982 that the Dow finally broke above 1000 for good.

That was 16 long years that the Bulls had to wait. If a market player had invested all he had in 1966, it took him 16 years before he could start to make a profit.

Of course, the CPI kept going up, so Dow 1000 in 1982 wasn’t worth nearly as much as Dow 1000 was in 1966!

If we consider today’s Dow 20,000 – after prices have run up 20 times – the stock market looks very similar to 1966 with the Dow at 1000.

Except that today:

  • The FED has been printing Dollars for the last 10 years at a much faster pace than it did between 1956 and 1966.
  • The PE Ratio today is around 50% higher than on the Dow 50 years ago.
  • The stock buybacks of today, with their manipulative effect on earnings, were only a twinkle in corporate officers’ eyes in 1966.
  • The Dollar still was “As Good As Gold,” and was 3-4 times the value in 1966 to other currencies compared to today, even after the recent run up.
  • The numbers coming out of DC for such items as Prices and Unemployment were reliable back then, as opposed to the laughable fictions they are today.

So, I guess maybe today’s Dow 20,000 is a bit overextended compared to Dow 1000 in 1966. In 1974, the Dow fell around 50% peak to trough.

But if the Market and the Economy are not in as good shape today as in 1966, then maybe the coming fall from grace will be much bigger.

Do I need to say, “Look out below?”

Modern Scientific Controversies Part 4: The Obesity Epidemic

By Kip Hansen – Re-Blogged From http://www.WattsUpWithThat.com

Prologue:  This is the fourth in a series of  essays that will discuss ongoing scientific controversies, a specific type of which are often referred to in the science press and elsewhere as “Wars” – for instance, The Salt Wars.  This essay covers the Obesity Epidemic, aka The Obesity Wars.  The purpose of the series is to illuminate the similarities and differences involved in each of these wars.   Warning:  This is not a short essay.  Dig in when you have time to read a longer piece.

Trigger Warning:  This essay is about obesity – the condition of being fat or overweight.  It is about being overweight, body size, fatness;  it is about all the problems that accompany that condition.   If reading about these topics will cause you any emotional distress or make you feel unsafe or threatened in any way  – stop reading here.

Stephen Hawking is a very smart guy, a very very smart guy.  But like some smart guys in other fields, he can make very foolish statements based on ideas that are commonly believed but almost entirely inaccurate.

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Major Stock Bear Still Looms

By Adam Hamilton – Re-Blogged From Zeal

The US stock markets spectacularly defied the odds in 2016, soaring after both the UK’s Brexit vote and US presidential election.  Both actual outcomes were universally feared as very bearish for stocks before the events.  These contrary stock rallies have left traders feeling euphoric, convinced stock markets are impregnable.  But with stock valuations hitting bubble levels in an exceedingly-old bull, a major bear still looms.

Though you wouldn’t know it in recent years, stock markets are forever cyclical.  They rise and fall, flow and ebb, in great valuation-driven cycles.  Bull markets always eventually give way to bears, and vice versa.  Stocks can’t and don’t rise or fall forever, extreme popular greed or fear never last for long.  The history of stock markets looks like a great sine wave, an endlessly-alternating series of bulls and bears.

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Will Trump Bring Inflation To America’s Shores?

By Stefan Gleason – Re-Blogged From http://www.Gold-Eagle.com

Something is brewing in the economy. Since the election of Donald Trump, interest rates have spiked, copper prices have surged, and various sectors of the stock market have swung “bigly” on speculation of what “Trumponomics” will bring.

Scores of triumphant Republican commentators are already painting a bullish picture of the Trump economy. The GOP – which will control the White House, Congress, and most state governments – has a rare opportunity to implement a pro-growth agenda.

Republicans squandered their last great window of opportunity. George W. Bush and his Congressional allies grew government spending at a faster clip than the economy and saddled the country with trillions of dollars in new debt.

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Tax Reform Must Be First Priority

By Larry Kudlow – Re-Blogged From http://www.Newsmax.com

President-elect Donald Trump’s transition continues to go smoothly. Better than smoothly. Confidently. More than confidently. Transcendently.

And to top it all off, the Dow is up 9 percent since the election, while economic-sensitive small-caps have jumped nearly 16 percent. These are signs of Trump confidence.

Hard-nosed investment manager Ray Dalio, founder of Bridgewater Associates and a non-political guy, expects the Trump years to be as transformational as the Reagan-Thatcher years. Dalio says the Trump era could “ignite animal spirits” and “shift the environment from one that makes profit-makers villains with limited power to one that makes them heroes with significant power.”

That’s as good a summary as I have found.

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Tax Effects on Markets

cropped-bob-shapiro.jpg   By Bob Shapiro

Many factors affect the ups and downs of markets, including Taxes.

Let’s look at how Capital Gains Taxes exert their influence, especially at year end.

There are two kinds of investors:

  • Those who think a particular investment will go up, and
  • Those who think a particular investment will go down.

All of these investors have various ways to place their bets on what they expect the future to bring. For stock market Bulls, they may buy the underlying stock, they may buy call options, or they may sell put options. For Tax purposes, the effects are close enough that I will consider them the same.

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Energy Department Refuses President-Elect Trump Request for Information

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com

According to Scientific American, The US Department of Energy has refused a request from President-elect Trump’s Energy Department Transition Team for information about what their people do on their work time.

Energy Department Refuses Trump’s Request for Names on Climate Change

Trump’s transition team asked for the names of people who have worked on climate change and the professional society memberships of lab workers.

By David Shepardson

WASHINGTON (Reuters) – The U.S. Energy Department said on Tuesday it will not comply with a request from President-elect Donald Trump’s Energy Department transition team for the names of people who have worked on climate change and the professional society memberships of lab workers.

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Irrational Exuberance In US Stock Market Grasps At 20K For Dow Index

By David Haggith – Re-Blogged From Great Recession Blog

Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession?

This burst of enthusiasm in response to Trump’s victory, flew in the face of almost everyone’s predictions. That it lifted the market from seven months of languor certainly makes 20K on the Dow look like the elevation marker of a breathtaking summit.

While breaking 20k, if it happens, may be as meaningless as one more mile on the odometer when all the numbers roll over, it is psychologically potent for many. Breaking through it, could cause fear as eyes turn down and see how far below the earth now is, or the rarified air up here may bring euphoria that lifts the market to even greater levels on a rising current of hot air.

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Weekly Climate and Energy News Roundup #251

The Week That Was Dec 9, 2016 – Brought to You by www.SEPP.org

By Ken Haapala, President, Science and Environmental Policy Project

Deliberate Ignorance – Where’s The Data? As discussed in the past few TWTWs, the 1979 Charney Report to the National Research Council of the US National Academy of Sciences articulated that there were two components to possible global warming from carbon dioxide (CO2) and other greenhouse gases. The first component is a warming directly from CO2. The warming takes place in the atmosphere. Based on laboratory experiments, this warming would be modest, highly logarithmic, and likely beneficial. The second component was proposed by those creating global climate models. This warming is from an increase in atmospheric water vapor, and far more powerful than warming from CO2. At the time, there was no data to confirm or deny this warming from an increase in water vapor.

Based primarily on calculations with global climate models, the Charney report estimated that “the most probable global warming for a doubling of CO2 to be near 3ºC with a probable error of ±1.5ºC.” Since the Charney Report, we have had five reports from the UN Intergovernmental Panel for Climate Change, and several reports for the US Global Change Research Program (USGCRP), under various names. Generally, they repeat the findings in the Charney report. Except for the discredited Santer “hotspot” which depended on eliminating data that was inconsistent with the assertion, these reports produce no atmospheric data to confirm or deny the second component of the warming, the more powerful warming from water vapor.

Now, we have comprehensive data of atmospheric temperatures dating from December 1978, independently confirmed by data from weather balloons. In his February 2, 2016, testimony, John Christy, a co-discoverer of the method of calculating atmospheric temperatures from information collected by satellites, produced excellent summaries of the data from satellites, particularly between the surface to 50,000 feet where both components of the greenhouse gas warming should take place, and compared them with global climate models. In general, the models overestimated atmospheric warming by 2.5 times and by 3 times over the tropics, where the water vapor warming should be more pronounced.

As discussed in last week’s TWTW, in making its finding that greenhouse gas emissions endanger human health and welfare (Endangerment Finding), the EPA produced no data, instead relied on three lines of evidence: 1) understanding of the physics of greenhouse gases; 2) a questionable study that late 20th century warming was unusual; and 3) global climate models. The evidence is woefully incomplete.

Further, any warming of the surface is not the same as a warming of the atmosphere, and can be highly influenced by other human activities such as change in land use, change in instrument locations, and change in instrument types. An example of the last type, is a switch in instruments used to measure surface ocean temperatures. Earlier methods were instruments located on ship water intakes, well below the surface of the water, the current method is to use instrument buoys at the surface. The latter is subject to direct warming from sunlight, unrelated to and CO2 – caused warming. For example, see NIPCC 2008, p. 19 & 20.

To build a reliable database, any such changes must be carefully calibrated. For surface temperature measurements, all too frequently changes in instruments have not been carefully calibrated. For example, in the US, the use of mathematical adjustments for land surface records is highly questionable, because the results are inconsistent with the historic records of high temperatures.

For satellite measurements, the changes in instrumentation are carefully calibrated, errors are quickly corrected, and deviations are noted. Now, three independent, competitive groups analyze the same data when received.

It is time to petition the EPA for a reconsideration of the Endangerment Finding, stating that there are no data supporting the second component of the global warming theory and that its reliance on global climate models is not scientifically based, because the greatly overestimate atmospheric warming. See links under Challenging the Orthodoxy – NIPCC, Challenging the Orthodoxy, and Defending the Orthodoxy.

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Quote of the Week. “In God we trust, all others bring data.” – Motto of the Apollo team.

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Number of the Week: 99.98%

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If Not CO2, then What? One of the most scientifically vacuous arguments advanced by the IPCC and its advocates is: “If CO2 has not caused late 20th century warming, then what?” The paper by Wallace, Christy, and D’Aleo provides the “what” – changes in the El Niño Southern Oscillation (ENSO) and the Pacific Decadal Oscillation (PDO). Others, including Ian Plimer of Australia and de Freitas et al. of New Zealand, have suggested this may be the case. The Wallace et al. paper shows strong statistical relationships between changes in ENSO events, coupled with the PDO, and changes in temperatures. The statistical relationships are far stronger than the one between CO2 and temperatures. The Wallace, et al. paper applies to both atmospheric and surface measurements.

This research is being confirmed by other independent research by other groups.

The IPCC has considered the ENSO as weather events, too short for consideration for climate change. But, the changes in the frequency of ENSOs and changes in the PDO are not too short for climate events influencing global temperatures.

Of course, correlation is not causation. This adage came with the development of statistical techniques in the early 20th century, when efforts to use correlation to assert causation produced foolish results. Conversely, without correlation causation is difficult to establish, because many other influences may dominate. That appears to be the case in the CO2 – temperature relationship, particularly for surface data. See links under Challenging the Orthodoxy – NIPCC and Challenging the Orthodoxy.

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Acid – Alkaline Balance: A great misnomer in studies of the influence of increased atmospheric CO2 is ocean acidification. The term is alarming and wrong. The corrosiveness of a water-based solution is measured by its pH. A pH below 7 is acidic, a pH above 7 is alkaline, which can be very corrosive. The closer the pH is to 7, the less corrosive the solution. SEPP has reviewed no empirical studies which assert that with increasing atmospheric CO2, the pH of the oceans will drop below 7 – become acidic.

Yet, we have numerous laboratory studies in which the researchers drop acid, such as hydrochloric acid, into tanks with marine life and consider the results as credible.

Such actions would horrify some tropically fish fanciers who bubble CO2 through their aquariums to lower the pH below 7, to promote coloration in Amazonian fish such as discus. They would not consider pouring hydrochloric acid in the aquarium, which would kill the life.

That said, increasingly, there are studies showing seasonal, and daily variations in pH, without harm to marine life, such as corals. Some coral reefs have pH gradients with depth or exposure to natural CO2 seeps.

As stated in the NIPCC Report on Biological Impacts: “Caution should be applied when interpreting results from laboratory-based studies … Rising atmospheric CO2 do not pose a significant threat to aquatic life … The natural variability of oceanic pH is often much greater than the change in pH levels forecast by IPCC…”

The difference between the laboratory results and the field results illustrates the need to verify the results of the laboratory in the field. See links under Challenging the Orthodoxy – NIPCC and Review of Recent Scientific Articles by CO2 Science, both this week and in last week’s TWTW.

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Model Issues – Importance of Aerosols in Climate Models: One of the deficiencies in the IPCC approach to understanding climate, is basing the findings on runs of a suite of models. Often these model runs are singular. Yet, as explained by Fred Singer in a paper, model runs produce different results each time. Singer estimates that at least 10 different runs are needed for each model to obtain a reasonable approximation for the results of that model. This is not done.

A second major issue creating significant uncertainty in the results of models is that often the models are run producing estimates for both warming from CO2 and cooling from aerosols, small particles in the atmosphere. This procedure makes as much logical sense as expecting that solving one simple linear equation with two unknowns will produce a unique solution. The range of solutions is infinite. If imaginary numbers are added, then the range of solutions is imaginary!

The important CLOUD experiment at CERN began to estimate a range of values for aerosols, an important beginning to arrive at empirical bounds for aerosols and for climate models. Until bounds are established, the certainty expressed by the IPCC, the EPA, and the Climate Establishment in these simply is not justified. See links under Challenging the Orthodoxy – NIPCC and Model Issues.

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After the Election: An outpouring of outrage over the election of Donald Trump continues. One thing is clear: he is upsetting the Democratic establishment, the Republican establishment, and, above all, the Climate Establishment. His designation of Scott Pruitt for administrator of the EPA will not win accolades among green groups, but Trump did not receive their support in the election. Pruitt is the Attorney General for the State of Oklahoma, and a litigant against the Obama administration’s so-called Clean Power Plan. Expect events to become quite heated in Washington for the remainder of the winter, even though actual Congressional sessions will be mostly symbolic rather than meaningful. It is impossible to predict what the outgoing administration will do. For a sampling of articles see links under After the Election –.

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Post-Election Predictions? Perhaps as a result of the election, in Polar Bear Science, Susan Crockford highlights several highly questionable assertions being made by “experts” on Arctic animals about the future. See links under Communicating Better to the Public – Make things up.

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Post-normal Science and Thinking: Writing in Power Line, Steven Hayward discusses what he calls “post truth” media. Hayward considers this concept as stemming from a remark by the 19th century philosopher Friedrich Nietzsche: “there are no facts, only interpretation.” The concept was picked up by nihilist philosophers and continues today. Of course, post-normal view is rejected by empirical scientists who believe that facts stem from observations. Perhaps the view is the basis for some people, such as those who identify themselves as from the Union of Concerned Scientists, to label hypothesis testing as “cherry picking.”

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Quote of the Week: The quote of the week: In God we trust, all others bring data., was prominently displayed at NASA Space Flight Center near Houston, which controlled the Apollo missions. The activities of this center should not be confused with NASA-GISS, which focuses on surface temperatures. Gavin Schmidt, GISS director, is a listed expert reviewer of the Endangerment Finding and has produced slogans such as carbon dioxide is the “control knob” of the earth’s temperatures. The web site gives his office as on 2880 Broadway, New York, NY. The difference between the science behind NASA-GISS reports and the science behind Apollo missions is greater than the difference between Broadway and the Houston Space Flight Center. See http://www.therightclimatestuff.com/

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Number of the Week: 99.98% As stated in last week’s TWTW: According to reports, on Dec. 1, construction of the 1,172-mile Dakota Access Pipeline will be all but finished. The only thing left to build, says its owner, Energy Transfer Partners, will be about 1,100 feet of pipe to be laid beneath Lake Oahe, a sliver of water south of Bismarck, N.D., that is man-created by a dam on the Missouri River. The pipe will be drilled underneath the river bed, and will not disturb it. Laying of the $3.5 Billion pipeline was 99.98% complete.

This week, the administration killed construction by refusing to issue necessary permits, even though the pipeline developers won past court challenges.

In addition to an enormous increase in National Debt, the US is in the worst economic recovery since the Great Depression. Is there any question why? See links under Washington’s Control of Energy.

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We ask you to make a generous, tax-deductible donation to SEPP, an IRS recognized 501(c)3 organization. There is much to be done, to undo the damage to the economy by the current administration.

Please address your check to:

SEPP

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Thank you — whether you celebrate Hanukkah, Christmas, or other holy days during this time, we wish you and your family happiness in this blessed season and a joyful new year.

Kenneth Haapala, President

Science and Environmental Policy Project (SEPP)

SEPP is a 501(c)3 organization incorporated in Virginia with the Federal Tax ID of #54-1645372.

The donated funds will be used exclusively in furtherance of SEPP’s charitable purpose and will not be used to fulfill any pledge, personal obligation, or lobbying activities. SEPP provides no direct benefit to donors as a result of their donations.

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ARTICLES:

1. To Mars by Economy Class: A Perfect Project For Trump

By S. Fred Singer, American Thinker, Dec 9, 2016

http://www.americanthinker.com/articles/2016/12/to_mars_by_economy_class_a_perfect_project_for_trump.html

“President Trump can “make America great again” by planning a surprising and easily affordable human exploration mission to the red planet Mars and its two moonlets Phobos and Deimos: PH-D, for short. JFK is remembered by many people mainly for putting Americans on the Moon, but he really just initiated the program.

“The two moonlets of Mars were discovered in 1877 at the US Naval Observatory in Washington, DC. They are in near-circular, near-equatorial orbits around Mars. Deimos, smaller than the island of Manhattan, orbits at a distance of 6.9 Martian radii; Phobos, about five times larger than Deimos, is at 2.8 radii, with its orbit shrinking because of tidal friction; it will be gone in just a few million years. In past lectures, I have joked that the dinosaurs might have seen more Martian moons, now gone, “if they had had better telescopes.”

“Notice that I did not suggest colonization of Mars — the current rage, a replay of the massive, wildly expensive and technologically infeasible Empire Project of the 1950s, envisioned by space pioneer Wernher von Braun. Unfortunately, this premature emphasis on colonization tends to color even realistic manned Mars projects as fantasy. Nor do I favor the business-as-usual continuation of unmanned missions to Mars, promising the eventual return of Mars samples for analysis in terrestrial labs.

“The feds have traditionally supported exploration — including basic science, which does not promise an immediate pay-off. Indeed, that has been the rationale for building multibillion-dollar particle accelerators for high-energy physics and telescopes for astronomy. So the PH-D project, as I have nicknamed it, would fit right in — a combination of good science and high adventure. Even its cost is relatively modest — about $30 billion over 10-20 years, well within the current NASA budget, and about that of a half-dozen unmanned Mars missions. Its scientific return would be many times greater. Its public and international impact would be tremendous.

No Showstoppers

“The PH-D project is basically a manned transfer from Earth orbit to Mars orbit, taking about six months; there don’t seem to be any showstoppers at all. A rough calculation has convinced me that ordinary chemical propulsion is quite sufficient — no need for any exotic schemes that require lengthy development. Any simple fuel, like kerosene, suffices, and any of the available oxidizers can do the job. No special rocket engine is needed; existing ones will do -–as explained below. And propulsion is surprisingly cheap — only a few percent of the total project cost; more than 95% of the cost is engineering and design — and the US has many well- qualified engineers.

“Electric power — again no problem. Of course, solar photo-voltaic becomes more difficult at Mars distance, where solar energy is less than half that at Earth orbit. But the Russians have space-tested nuclear reactors, and units are available for purchase. I estimate that 100 kilowatts should do nicely and would even provide an adequate reserve of power. [The U.S. uses plutonium electro-thermal generators on its deep-space missions.]

“Other issues, relating to maintenance and life support of astronauts, present no problems either; they have been mostly solved in the International Space Station. As in the ISS, one would recycle liquid waste, but not solid waste. With cheap propulsion and essentially unlimited payload, one simply carries more food and water. The same argument applies to maintaining a healthy breathing atmosphere.

“Radiation is usually cited as the major health risk; but propellants turn out to be the most effective shield, especially against heavily ionizing particles of the incident galactic cosmic radiation — GCR. Once the astronauts set up their base on Deimos, the preferred destination, they can construct also a more permanent shelter against the omni-directional cosmic rays, the unidirectional meteor showers, and the occasional solar eruptions that can lead to penetrating particle radiation. Note that none of that protection is present in the ISS, but Deimos itself provides shielding against unidirectional radiation; it is only necessary to move to the opposite side.

“Absence of gravity can lead to long-term health problems. The answer here, as in the ISS, is regular exercise, aided by artificial gravity from a centrifuge; such a scheme should be tested in the ISS.

Scenario of Deimos Base

“Assemble propellants in low-earth orbit — LEO; then send to Deimos as “slow freight” – including a nuclear reactor, spare habitat, spare rocket engine, penetrators and rover vehicles equipped for return of samples; release penetrators that will provide also seismic data, and some rovers while underway to Mars. Send one habitat, two rovers and some of the propellant to Phobos — for use on the later sortie to Phobos and Mars surface.

“Test the habitat-lab while in LEO with 5 astronauts aboard; then send them to Deimos on a “fast express” trajectory. Upon arrival, shield and activate the reactor; surround the habitat-lab with rocket propellants to provide additional shielding; set up a GPS system and weather satellites for Mars.

“Start sample-return program, analyzing initial samples — and call for follow-up samples from different Martian locations or different depths, based on the initial analyses– all the while consulting with experts on Earth.

Sortie to Phobos and Mars Surface

“Two astronauts depart for Phobos and meet two rovers, collect samples of regolith and deeper, and send them back to Deimos base, then move on for a powered landing on a preselected Mars site, meet rover vehicle there, collect samples, set up an experimental equipment, and then take off for return to Phobos and thence to Deimos base. Note that take-off from Mars requires only our small rocket — while a direct return to Earth would have required a special, high-thrust rocket, capable of lifting the large propellant load necessary for transit to Earth.

Deimos Base vs Mars Base

“There is no question that a Deimos base is easier to set up, much cheaper, safer, and better in all respects than a base on Mars. Besides, it can be accomplished much sooner, perhaps within 10-15 years.

“A Mars base does not confer mobility, does not provide a view of the rovers; from Deimos one can view the surface from pole to pole for up to 40 hours. [Deimos is in a near-synchronous orbit, with an orbital period of 30.3 hours, just a little longer than the spin period, 24.7 hours, of the planet.]

“On Mars, because of its gravity field, meteor impacts are more frequent and also more energetic; there is interference from Mars’ atmosphere, from winds, and from dust storms—while on Deimos one gets a ‘free’ vacuum, essential for most lab instruments, such as mass spectrometers, electron microscopes, etc.

Scientific Questions: Planetology (and learn also about the early history of Planet Earth)

“The origin of Phobos and Deimos is a real puzzle: Initially, I applied a modified (‘push-pull’) tidal theory[1] to extrapolate their present orbits backward in time; but I do not believe they are captured asteroids — although that’s what many textbooks claim; it’s just too improbable. Nor were they formed along with Mars; it leads to an unstable solution. I now believe they are the remnants of a Mars-moon –M-m, captured gravitationally, akin to Earth-Moon, but into a retrograde orbit; the other, heavier fragments of the M-m have already spiraled in and disappeared, impacting on or near Mars’ equator.

Some research questions — and learn also about the early history of Planet Earth

1. Why do Phobos and Deimos, presumably related, look so different? Is it just the regolith and is it based on the difference in their orbits?

2. Are Ph and D solid rock or rubble piles?

3. Are there tiny moonlets orbiting Mars between Ph and D?

4. Explore orbiting dust at Ph and D.

5. Explore evidence for ancient impacts of fragments near Mars’ equator.

6. Establish history of Mars’ obliquity by tracing W-182 tungsten isotope, from the radioactive decay of hafnium.

7. Was capture of M-m essential in heating Mars by tidal friction to produce its iron core?

Scientific Questions –Meteorology And Climatology — and test theories of causes of climate change and ice ages

1. Test forecast models developed for Earth on Mars weather predictions.

2. Test current climate models against Mars observations: predictions of dust storms; test analyses of Martian polar -layer deposits against ice-age theories and periods of oscillation of Mars obliquity, precession and orbit eccentricity.

Scientific Questions — Crypto-Life And Paleo-Life

“Is life unique to the Earth — as some believe? This is a very basic issue with philosophical and even theological overtones

“Look for hidden life forms, taking into account that life may have developed several times, independently, at different locations, and been wiped out subsequently. These life forms may be ephemeral and unable to survive for more than a few hours — hence undetectable in Mars samples returned to Earth, as currently planned. It may be advisable to develop also techniques for detecting life in situ, for ultra-fresh sampling.

“Ancient life, now dead, may be detectable in some sort of fossil form. Its formation likely required the presence of liquid water — i. e., survival of oceans, lakes, or simply pools of water for a sufficient length of time. Note that these life forms may not have been based on carbon, but possibly on silicon. Note also that use of a Deimos base minimizes chances of both forward and back-contamination of Mars with terrestrial biota.

Conclusion

“We believe that the scientific yield of the PH-D mission more than justifies such a project. Its impact on the public here and abroad would be akin to the Apollo project and fully supports president Trump‘s goal of “making America great again.”

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2. A Lawyer for a Lawless EPA

Scott Pruitt can restore respect for the states in environmental policy.

Editorial, WSJ, Dec 7, 2016

http://www.wsj.com/articles/a-lawyer-for-a-lawless-epa-1481155238?mod=whatnext&cx_navSource=cx_picks&cx_tag=poptarget&cx_artPos=1#cxrecs_s

The editorial states:

“As Donald Trump rolls out his domestic-policy nominees, Democrats are discovering to their horror that more often than not he meant what he said. The latest evidence is the President-elect’s intention to nominate Oklahoma Attorney General Scott Pruitt to run the Environmental Protection Agency.

“There was a time when Republican EPA administrators were liberals in GOP power suits. Think William Reilly under George H.W. Bush or Christine Todd Whitman under George W. Bush. They more or less agreed with the left’s command-and-control model of environmental regulation, and they’d pile more costs on the private economy.

“The Democratic Party’s green extremism, especially on climate change, has made such Republicans obsolete. President Obama couldn’t get his climate-change agenda through a Democratic Congress, so he ordered the EPA to impose it on the 50 states by diktat. The agency reinterpreted statute after ancient statute as its bureaucrats saw fit, daring the courts to stop them. Think of the Clean Power Plan to put the coal industry out of business, the carbon endangerment rule, grabbing authority to call any pond or puddle a “waterway,” and so much more.

“Mr. Pruitt’s first job will be restoring respect for the Constitution and cooperative federalism in EPA rule-making. He knows how to do this because he led the legal charge by the states against EPA abuses, including the victory of a Supreme Court stay on the Clean Power Plan as it moves through the appellate courts. If he is confirmed by the Senate, Mr. Pruitt could order the EPA’s lawyers to inform the courts that the agency no longer stands by the legal interpretation behind the Clean Power Plan.

“Democrats will attack Mr. Pruitt as a climate-change “denier,” but his only offense is disagreeing with them on energy policy. The irony is that Mr. Pruitt will probably do more for the environment than Mr. Obama ever did because he will make sure that rules issued by the EPA are rooted in law and thus won’t be overturned in court.”

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3. Not So Risky Climate Business

A new study dismantles the logic of oil and gas ‘systemic risk.’

Editorial, WSJ, Dec 8, 2016

http://www.wsj.com/articles/not-so-risky-climate-business-1481243362

SUMMARY: (No link to the study) The editorial states:

“Among the many doomsday scenarios floated by the climate-change lobby is a theory that asks: What if an abrupt change in policy strands fossil-fuel resources in the ground, which in turn crashes oil companies and then the global economy? IHS consulting recently released a rebuttal to this “carbon bubble” babble, and the dismantling deserves more attention.

“Daniel Yergin and Elena Pravettoni of IHS looked at whether oil and gas assets pose a “systemic risk” to the world financial system, a danger floated by more than a few regulators. No less than Bank of England Governor Mark Carney warned in 2015 that limits on carbon could crater asset valuations and “potentially destabilize markets,” as the damage rippled through insurers and banks with portfolios in oil.

“Regardless of forced carbon reductions or temperature spikes, the switch to alternative fuels will take decades. For some perspective, the authors note that the oil industry started up in 1859 but did not overtake coal as the world’s largest energy source for about a century. Barring some technological breakthrough, no one expects oil to be a minority source of energy before 2050. Financial markets and insurance contracts can manage risks as they evolve year-to-year or even day-to-day.”

“Perhaps the strongest evidence that oil companies won’t blow up the world economy is that they’ve been stress-tested by the recent crash in commodity prices. Some 82 global oil companies burned off 42% of their value between June 2014 and December 2015, or about $1.4 trillion in market capitalization. Yet the report notes that since oil dipped below $100 a barrel in 2014, the Dow Jones Industrial Average has risen 6%.

“The panic over climate risk is really a pretext for more regulation. Mr. Carney chairs the Financial Stability Board, an international outfit that exists to flag financial risks and offer itself as the answer. An FSB task force later this month will deliver “guidelines for voluntary disclosure” that could cover assets and risk practices for oil companies as well as their investors. The report will likely be submitted to major country financial ministers for approval.

“Mr. Carney and the FSB are playing to climate activists, who want to use such disclosure as ammunition to pound pension and other investment funds to divest from fossil-fuel companies. Mr. Carney has also highlighted the climate-change free-speech probe led by New York’s Attorney General Eric Schneiderman, which is based on flimsier evidence than even Mr. Carney’s conjectures.

“The real financial risks are from Mr. Carney’s attempt to turn certain kinds of legal investments into political targets. The political allocation of capital into housing was one of the root causes of the 2008 panic. Let’s not politicize energy investing in the same way.”

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Trump’s Fighter Jet Frugality on Full Display

By Andrew West – Re-Blogged From http://patriotupdate.com

First, there were the reports that Trump had met with Boeing, manufacturers of Air Force One, and successfully negotiated a much lower price tag than originally signed off on.  Now, it seems that the Trump-Boeing rendezvous had much more discussion than just Air Force One.

Donald Trump, while not yet inaugurated as President, is already working diligently on saving the American taxpayer a boatload of money.

: Image has been received by U.S. Military prior to transmission) In this image released by the U.S. Navy courtesy of Lockheed Martin, the U.S. Navy variant of the F-35 Joint Strike Fighter, the F-35C, conducts a test flight February 11, 2011 over the Chesapeake Bay. Lt. Cmdr. Eric 'Magic' Buus flew the F-35C for two hours, checking instruments that will measure structural loads on the airframe during flight maneuvers. The F-35C is distinct from the F-35A and F-35B variants with larger wing surfaces and reinforced landing gear for greater control when operating in the demanding carrier take-off and landing environment.

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Dollar Euphoria, Stocks, And Gold

By Adam Hamilton – Re-Blogged From http://www.zealllc.com

The US dollar has rocketed higher since early November’s US presidential election, rivaling the massive gains seen in the stock markets.  With the world’s reserve currency catapulted to extreme secular highs, dollar euphoria has naturally exploded.  Traders are overwhelmingly betting the dollar’s strong upside will continue.  But this greed-drenched currency looks very toppy and ready to fall, which is very bullish for gold.

The US dollar’s recent stampede higher has been amazing, as evidenced by the venerable US Dollar Index.  Launched way back in 1973, the USDX is the dominant and most-popular market gauge of how the US dollar is faring.  Since Election Day 2016 alone, the USDX has soared 5.1% higher in merely six weeks!  That isn’t much behind the flagship S&P 500 broad-market stock index’s 5.9% post-election rally.

But the post-election USDX surge is still far more extreme.  The world’s handful of reserve currencies are decisively commanded by the US dollar.  Because of the vast amounts of dollars flooding the globe, it has great inertia.  Thus like an oil supertanker, the dollar’s moves tend to be gradual and unfold over a long time.  The USDX usually moves with all the sound and fury of a tortoise, leisurely meandering around.

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The DOE vs. Ugly Reality

By Willis Eschenbach – Re-Blogged From http://www.WattsUpWithThat.com

Over at the Washington Post, Chris Mooney and the usual suspects are seriously alarmed by a memo sent out by the Transition Team at the Department of Energy. They describe it in breathless terms in an article entitled “Trump transition team for Energy Department seeks names of employees involved in climate meetings“.   The finest part was this quote from Michael Halpern:

Michael Halpern, deputy director of the Union of Concerned Scientists’ Center for Science and Democracy, called the memo’s demand that Energy officials identify specific employees “alarming.”

“If the Trump administration is already singling out scientists for doing their jobs, the scientific community is right to be worried about what his administration will do in office. What’s next? Trump administration officials holding up lists of ‘known climatologists’ and urging the public to go after them?” Halpern asked.

Oh … you mean like say the Attorneys General of a bunch of states holding up their lists of known “denier” organizations and tacitly urging the public to go after them? You mean like government officials of a variety of stripes ranting about how “deniers” should be brought to trial or otherwise penalized? You mean like having sites like DeSmogBlog making ugly insinuations and false statements about every known opponent of the climate party line? You mean like Roger Pielke being hounded out of his job by the climate mob?

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CO2, Good or Bad?

By Andy May -Re-Blogged From http://www.WattsUpWithThat.com

The Earth’s dry atmosphere is 78% nitrogen, 21% oxygen and 0.9% argon. These are not greenhouse gases and they total 99.9%, leaving little space for the greenhouse gases methane, carbon dioxide and water vapor. The amount of water vapor in the atmosphere varies a lot with altitude and temperature. At low altitude and high temperatures (greater than 30°C or 86°F), over the ocean, it can reach 4.3% or more of the atmosphere and is less dense than dry air, causing it to rise. It will rise until the temperature is low enough for it to condense to a liquid or solid state and form clouds, rain or snow.

The amount of water vapor in the air drops to very close to zero when temperatures are below -10.0°C. Thus, the average volume of water vapor in the total atmosphere is variable and usually between 1% and 2%. So, excluding nitrogen, oxygen, water vapor and argon, we are left with 0.1% for everything else. Water vapor is a powerful radiative greenhouse gas and where the concentration is high, over the tropical oceans, it has a large radiative greenhouse effect. But, over land and in the cooler high latitudes, there is not enough of it to have a significant effect.

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Trump’s EPA Pick is Causing Green Heads to Explode

From E&E Legal – Re-Blogged From http://www.WattsUpWithThat.comscott-pruitt_2014

“We are delighted with President-elect Trump’s selection of Oklahoma Attorney General Scott Pruitt to head the U.S. Environmental Protection Agency (EPA).  Mr. Pruitt has led the charge in recent years to confront head on the enormous federal regulatory overreach proposed by the EPA as epitomized by the Clean Power Plan and Waters of the U.S. rule.  As a litigator, he also understands how environmental fringe groups like the Sierra Club and the NRDC – who are bankrolled by renewable energy tycoons like Tom Steyer and George Soros – use the state and federal court systems to essentially create new laws through such schemes as ‘sue & settle.’

It is also reassuring that President-Elect Trump has chosen someone from the state ranks, particularly a state so important to energy production, since it’s the states and their citizens who are suffering the most by this Administration’s out-of-control EPA.

We encourage Mr. Pruitt to gear up for battle since draining the EPA swamp will be met with the utmost resistance from an entrenched and well-funded green industrial complex. Finally, we strongly encourage him to add a deputy administrator to his team who has significant EPA experience, who shares the President’s vision, and can protect that vision from a hostile agency staff.”

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Despite Denial, Data Shows Global Temperatures Are Dropping Fast

By Dr David Whitehouse, The GWPF Science Editor – Re-Blogged From http://www.WattsUpWithThat.com

All global temperature data sets confirm that global temperature has fallen rapidly in recent months as the recent El Nino ended.

Over the last couple of years there have been many articles about how they have been record-breakers in global temperature. It’s often sold as a simple ‘the planet is getting warmer only because of us’ story. As I have discussed before the concurrent El Nino was dismissed by some climate scientists as having an insignificant contribution to that record. However, there is a great deal of confusion and diversity in the assessment of its contribution. Some scientists maintain that it was the recent very strong El Nino that elevated the temperature to record levels.

Nevertheless some maintain that warm records would have been broken without the El Nino (although the significant contribution made by the highly unusual warm “Pacific Blob” is usually ignored).

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Trump Induced Panic Exposes Media Bias and Ignorance of Climate

By Dr. Tim Ball – Re-Blogged From http://www.WattsUpWithThat.com

An article in the Huffington Post titled Crooked science finds a friend in Trump” is an attempt to counter the exposure of the global warming deception that will occur with the new President. All it does is expose the willful ignorance of the author and by association the publisher. It also reflects similar activities in the deliberate deception about global warming. The opening statement of the article is sufficient exposure.

“From the same people who told you that cigarettes were perfectly healthy: Mercury in our food is just fine, too. Smog in the air? No problem. To top it off — we don’t need to do a thing about climate pollution, either. And let’s just get rid of NASA’s world class research on our own dear earth’s systems. Who needs it?”

It is not the same people who said tobacco was healthy. This is an apparent reference to the early attempt to link Fred Singer to the tobacco industry. Fred wrote a critical review of the terrible research in the original article claiming to link cancer to second-hand smoke. His review was later supported by others. Environmentalists used to claim Fred was paid by the tobacco companies and in favor of smoking. In fact, Fred has always actively and openly opposed smoking. The real story is that misuse of evidence or misrepresenting what was actually said is apparently acceptable in the campaign to silence global warming skeptics and latterly climate change deniers.

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Weekly Climate and Energy News Roundup #250

The Week That Was – Brought to You by www.SEPP.org
By Ken Haapala, President, Science and Environmental Policy Project

Obsolete Science? Writing in Cosmos, Mason Inman has an article on M. King Hubbert, the eminent geologist who spent most of his career with Shell Oil. Unfortunately, Hubbert is best known for advocating his theory of peak oil, which assumed “if current trends continue.” Later advocates of the theory ignored the assumption, even when “current trends” changed, as they did with discovery of extensive oil resources in the deep ocean and the means of extracting the oil. Another remarkable development was the technology to extract oil and natural gas from shale, source rock, by hydraulic fracturing, fracking.

The article highlights the work of King Hubbard in understanding how fracking works. When Hubbert wrote, drilling was linear, and directional drilling consisted of slanting the drill string, primarily. Directional drilling with mud motors and sensors to control direction, allowing horizontal drilling, was yet to be developed.

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2017 Voters’ Rights Act

cropped-bob-shapiro.jpg   By Bob Shapiro

Unless Aliens are able to gain US Citizenship, they are not allowed to vote. Some are in the US legally, and some are Illegal Aliens, but none of them may vote. Some may be excellent people who I would be happy to welcome as US Citizens, while I would banish with an “If you return, then you forfeit your life.” But still, none of them may vote legally.

That may sound simple and straightforward, but it’s not. For example, Gov Jerry Brown of California signed an Law saying everyone who gets a Driver’s License will automatically be registered to vote – both American Citizens and not. It appears necessary for Congress to clarify the Voting Laws while adding punishments where necessary.

I would suggest the following:

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Yuan’s Day Of Reckoning

By Michael Pento – Re-Blogged From http://www.Gold-Eagle.com

China’s economy and markets have been defying the laws of economics since 2009. Amid a worldwide financial crisis during that year, they managed to grow their economy by 8.7%. But that growth was fueled by a $586 billion dollar government stimulus package, which was followed by an additional $20 trillion dollars in new construction spending over the next seven years.

China’s economy became the envy of the world as the economy expanded through the edict of government to build massive cities that were mostly vacant.  In fact, estimates are that 52 million homes in China are currently vacant and 90% of those empty units were purchased for investment purposes.

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Five Stages of Climate Grief

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

President Trump could help – and force climate alarmists to answer questions they’ve ignored

climate-grief_scr

Ever since the elections, our media, schools, workplaces and houses of worship have presented stories showcasing the stages of grief: denial, anger, bargaining, depression and acceptance.

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Vetting Presidential Candidates

cropped-bob-shapiro.jpg   By Bob Shapiro

In 2008, the US elected Barack Obama as President (and Joe Biden as VP). The Democratic team was reelected in 2012. Many Americans support the actions of Mr Obama, and many don’t.

During the 2008 primary season, the Democratic campaign of Hillary Clinton raised the issue of Mr Obama’s eligibility to hold the office of President, questioning his Natural Born American Citizen status. The issue continued to be discussed publicly, and in 2011, the White House published an image they described as the Long Form Birth Certificate of Mr Obama.

Image result for hillary clinton Image result for barack obama

In an effort to validate this document, the Maricopa County (AZ) Sheriff’s Office initiated an investigation. Please see the hourlong video below detailing the results of the investigation, supporting the finding that the document image posted was a forgery.

Regardless of whether their results are true or not, I think that a Federal Law (my preference) or Constitutional Amendment needs to be put in place to require automatic vetting of candidates for POTUS (and for VP) to determine their eligibility. The law should include:

Image result for us congress

  • Submission of original documents, with official online posting of images
  • What the Vetting Procedure will include
  • A Definition of Natural Born American Citizen
  • Mandatory cooperation of state & local government officials with the vetting process, and
  • Penalties for Falsification of Vetting Documents

I would expect that an original Long Form Birth Certificate should be required – either directly from the candidate or from the local government agency involved. If a foreign born person can qualify as a Natural Born American Citizen, then the process and time limitations need to be defined.

The Vetting Procedure needs to be thorough and complete, an should include an Official Posting of the original document’s image online, so that outside vetting can be facilitated if individuals or state governments desire. Penalties should include possible loss of government position and prison – forging vetting documents for POTUS or VP might be deemed Treason.

Retroactive application likely would not be possible, so no automatic invalidation of good or bad done by Mr Obama would be possible. However, the highest government offices of the US should be protected from possible future abuse.

CONTINUE READING –>

War On Cash Spreads To India

By John Browne – Re-Blogged From http://www.Silver-Phoenix500.com

Over the past year, central banks, commercial bankers and prominent economists have expressed the view that digital money and transfers should replace large denomination cash and cash transactions. This dramatic transition has been fostered under the guise of the public interest in an effort to curb terrorism, tax evasion and criminal activity. Many observers contemplate more sinister motives that involve increased government control of economic activity. The latest country to engage in this ‘war on cash’ is India.

In a TV announcement on November 8th, India’s Prime Minister Narendra Modi announced that the Reserve Bank of India’s large denomination 500 and 1,000 rupee bank notes, worth some $7.5 and $15 respectively, would lose their status as legal tender on midnight on December 31, 2016. That meant holders of those notes (which represent 86 per cent of the value of all outstanding rupee notes) had less than two months to exchange the notes for smaller new notes, or lose out completely. The government also mandated than any large exchanges had to be accompanied by tax returns in order to prove that the cash generated had already been taxed.

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Radical Gold Underinvestment 3

By Adam Hamilton – Re-Blogged Fron http://www.Gold-Eagle.com

Gold was again blasted to new post-election lows this week, further trashing contrarian sentiment.  The Fed proved more hawkish than expected in its rate-hike-trajectory forecast, unleashing heavy selling in gold futures.  This catapulted gold bearishness back up to extremes not seen in a year.  Investors are once again convinced gold is doomed, and thus radically underinvested.  That’s actually super-bullish for gold.

It certainly wasn’t the Fed’s second rate hike in 10.5 years this week that hammered gold.  Actually that was universally expected.  Federal-funds-futures traders had assigned it an average 96% probability in the two weeks leading up to that rate hike.  If the Fed had simply raised its federal-funds rate by 25 basis points to a 0.50%-to-0.75% range, gold-futures speculators would’ve likely yawned.  They knew it was coming.

The unexpected hawkishness came in the FOMC’s Summary of Economic Projections that is published quarterly at every other policy meeting.  Also called the “dot plot”, it shows where each FOMC member and regional Fed president expects the FFR to be in the next several years and beyond.  The collective expectations of these top officials who actually set monetary policy grew from two rate hikes in 2017 to three.

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Forget About Fake News…Worry About Fake Money

By Guy Christopher – Re-Blogged From http://www.Gold-Eagle.com

Post-election airwaves and publications today are filled with bad news, good news and fake news.

The bad news is ‘fake news’ is very real. The good news is fake news is nothing new. The even better news for gold and silver stackers is they have learned to live with decades of fake news about sound money.

You already know all about fake news. It used to go by other names – lies, propaganda, false advertising, and brainwashing, to name a few. Now we can add polling results and agenda-driven predictions to that list.

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“Fairness” in Warfare

[This surely is food for thought. – Bob]

By Dale Netherton – Re-Blogged From http://www.IPatriot.com

The most visible message we see in the way war is conducted by the United States is, “ We must not sink to the methods of the enemy”.

We did not see such an accentuation of this theme during WWII and it only came into being when we began to fight limited warfare beginning with Korea.  It follows that if we are going to fight  a limited war ( i.e. without victory ) we must necessarily start limiting our methods.  Since victory is no longer the primary purpose what then is left but pandering for acceptance of warfare that we regret ,but must necessarily conduct?  The fallacy with this approach can be identified by looking at the components of warfare and learning all over again what warfare must necessarily be composed of.

First of all when a nation or an individual is attacked the response for continued existence is to retaliate and overcome the attacker with superior force.  Anything less will lead to either surrender or fostering the ability of the attacker to regroup and attack again.  To make this clear consider the following example:  A man walks home from work and is attacked in an alley by a thug wanting to steal his money.  If the man gives the attacker his money he has surrendered although he may call the police and have them apprehend the offender in which case he has taken a rational approach to an irrational attack. In the end he can declare victory.  It is no different in principle when a country is attacked. When a country retaliates from an attack there must be a defeat for the enemy for anything less will leave the country in a condition that it can regroup and repeatedly attack until it eventually gains the surrender of the country it is attacking.  Only surrender and defeat stops attacks.  Taking away the ability to attack should be the ultimate goal of any retaliatory war.  If this requires a regime change, a country placed under martial law, whatever it takes; destroying the threat must be paramount.  Proving to the citizenry that we are “good’ is not a prime consideration.  First the threat is removed then if the populace is receptive to assistance and they deserve it by assisting our victory and we decide we can afford it, then and only then should the issue of reconstruction be considered.

The methods of warfare can not be limited by rules that are not agreed to and complied with by both parties.  If one country agrees that no nuclear weapons will be used and the other country says “fine, we’ll agree” ,but they lie and drop a bomb on our capital the stupidity of this approach becomes easily apparent.  The same principle applies to the issue of torture.  If the enemy decides that they will not wear uniforms or will behead who and when they please it is not in our interest to forgive their ruthlessness by announcing that we will comply with one way rules just to show them we are not as barbaric as they are.  We may end up sacrificing lives and military information for our status as “good” guys but in warfare this “superior” image means nothing if we are defeated.  This is what the pundits against torture don’t understand.  A soldier fighting on the field of battle must necessarily try to kill the enemy and no one need ask how the deed was accomplished.  If the soldier used deception or left an enemy to suffer this is not a criteria for calling foul and victory is then somehow voided.  The cardinal rule of war is to win.  All else is secondary.  And this is the recognition our enemies have been aware of and used to fight against us while we have accepted the false premise that a we can fight honorably and even though we haven’t won we can be proud of our decency and humanity.  There is no humanity in allowing killers to survive and regroup.  There is no humanity in sacrificing American soldiers to allow presumed “innocents” to hole up in civilian neighborhoods requiring house to house searches to determine who is civilian and who isn’t.  The loss of one American soldier for the sake of Iraqi civilian innocents is one less defender of freedom for one more potential advocate of America’s demise.

The determination that fear must be removed from our capture is an invitation to further invasion.  People who will not reason and are determined to conquer and/or destroy us will respond to nothing but fear and it is with this understanding that we should communicate we will instill fear by killing and torturing all those who want to test our resolve.  If we do not want to be seen as ruthless in a world where our enemies chant and display ruthlessness we are playing into their hands.  If weapons are equal it is to the advantage of the ruthless for they will not hesitate to use the weapons.  It is a misconception that because we have more military might we can afford to be more gentle and selective in our approach to winning a war.  Whether we are in a skirmish or a nuclear attack hesitation and concern for the enemy or someone’s opinion are not only secondary but irrelevant.  Without victory we lose and with loss comes servitude which wipes out any delusions that we were humane warriors.

It is easy to sit in a comfortable chair and pontificate on niceties and think they can be applied to such a phenomena as war.  On the battlefield no one does such daydreaming without endangering themselves and their fellow soldiers.  It is one thing to discuss and another to act when action is a life or death matter.  The guilt the pontificators would have soldiers consider is evil for it is unearned and morally corrupt.  And those military leaders who give any consideration to the pontificators fail in their duty to protect their soldiers by restricting action with some silly notion that one cannot fire unless fired upon. In war the noble sheriff that only fires when fired upon must give way to the advantage of ambush and offensive action.  No war was ever won primarily on defense.

War is not like normal life and to sneak in courtesy and politeness is to ignore its nature. It is a time for violence and survival with a mindset that must crave victory far more than a reputation of civility.  One can afford to be civil when the stakes are not the destruction of that which makes civility possible. A civilization that stands for law and order cannot survive by accommodating a barbarous band of thugs and bums thinking an example of civility will be necessary for their reform.  War is not fought to seek reform but to show the enemy that aggression will not be tolerated.  Whatever method is necessary to show this is what must be implemented.  Anything less will leave the enemy unconvinced they cannot conquer us.  And make no mistake, conquest by the enemy will mean far more misery to many more innocents than the trifling matter whether we interrogated a prisoner inhumanely.  Humane treatment is only appropriate for those who demonstrate they honor such treatment.  Once they demonstrate they have no respect for our prisoners they have no claim ( nor has any one else ) to higher standards.

War is not about fairness, for if it were, the notion of agreement in military matters and disagreement in political matters would beg the question of why one could be accomplished and not the other.  Fighting does not come down to a set of rules that are sacred while allowing the freedom of a country and the rights of its individual citizens to vanish.  Soldiers fight for their rights and the rights of the civilians they represent and they are expected to, above all, win.  A humane soldier that loses is just a dead soldier to the enemy.  The humane can only be derivative of a civilized secure country.  To place humane treatment above the survival of the country is to reverse the hierarchy to the advantage of the enemy.  When Patrick Henry said, “Give me liberty or give me death” he did not add, “ be nice to my enemies”.  Those exhibiting compassion for the enemy are denying compassion for those who are defending their right to take such a suicidal stance.  Voicing such misguided compassion is simply ungrateful ignorance.

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Are You “Living In a Death Spiral”? These 6 States Will Collapse During the Next Recession

By Mac Slavo – Re-Blogged From http://freedomoutpost.com

Being on the hook is not going to be pretty when interest rates are raised back up, and debts come due. At a personal level, it will mean more stress and juggling to make ends meet. For the larger economy, it will mean cities and states unable to meet obligations or balance their budgets – ending in bankruptcy, and bailouts. Meanwhile, millions of people are relying on that money to keep coming in order to survive. Something is going to go very wrong.

Relying upon government to function and send you money is not a secure plan.

The mathematics are terrifying and dismal, and so is being caught up in these collapsing states.

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Why Europe Must End In Tears

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power.

The EU and the euro project have been an economic disaster for all participants, including Germany, which will eventually be forced to write off the hard-earned savings she has lent to other Eurozone members. We know, with absolute certainty that the euro will self-destruct and the Eurozone will disintegrate.

We know this for one reason above all. The political class and the ECB are guided by economic beliefs – I cannot dignify them by calling them reasoned theory – which will guarantee this outcome. Furthermore, they insist on using statistics that are incorrect for the stated function, the best example being GDP, which I have criticised endlessly and won’t repeat here. Furthermore, the numbers are misrepresented by government statisticians, CPI and unemployment figures being prime examples.

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Is The Media Fair And Balanced?!

By Bill Holter – Re-Blogged From http://www.Gold-Eagle.com

Fast forward to present day, we seem to have switched places.  The current mainstream media reports defy nearly any and all logic on a daily basis.  Reporting has obviously been very poor for many years and it really did not matter what the subject was.  Economics, finance, geopolitics, home grown politics, it has not mattered, logic has been turned on its head.  I could go through example after example but would now require a book …or more likely a “series” of books.  Using just one example to illustrate the lunacy, the U.S. now has 95 million OUT OF THE WORKFORCE and thus no longer counted as “unemployed”!  Where is the logic here?  Mainstream media reports it (under their breath) while cheerleading the lowest unemployment rate in decades.  The White House and Wall Street both report “strong” employment with glee.  The fact remains, our true unemployment number as calculated back in the day of “Russian propaganda” is somewhere around 20%…

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Public Infrastructure – Welcome To The World Of Waste, Fraud And Abuse

By Steven Hanke – Re-Blogged From http://www.Silver-Phoenix500.com

Economic policy is subject to fads and fashions. The most recent economic-policy fad is public infrastructure. Its advocates include progressives on the “left” – like President Obama, Hillary Clinton, and Bernie Sanders – and populists on the “right” – like President-elect Trump. They tell us to take the chains off fiscal austerity and spend – spend a lot – on public works. They allege that this elixir will cure many, if not all, of our economic ills. Let’s take a look at their arguments and evidence.

Economic growth remains muted throughout the world. The U.S. provides an important example. It has been over eight years since Lehman Brothers collapsed and the Great Recession commenced. But, the U.S. has failed to bounce back. The economy is still struggling to escape from a growth recession – a recession in which the economy is growing, but growing below its trend rate of growth. The U.S. aggregate demand, which is best represented by final sales to domestic purchasers (FSDP), is only growing in nominal terms at a 2.75 percent rate (see the accompanying chart). This rate is well below the trend rate of 4.73 percent.

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To Really ‘Make America Great Again,’ End the Fed!

By Ron Paul – Re-Blogged From http://freedomoutpost.com

Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly correct that the Fed’s policies have “skewered” the middle class. However, the problem is not specific Fed policies, but the very system of fiat currency managed by a secretive central bank.

Federal Reserve-generated increases in money supply cause economic inequality. This is because, when the Fed acts to increase the money supply, well-to-do investors and other crony capitalists are the first recipients of the new money. These economic elites enjoy an increase in purchasing power before the Fed’s inflationary policies lead to mass price increases. This gives them a boost in their standard of living.

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This Is Where I Get Off

By Jeff Thomas – Re-Blogged From http://www.Silver-Phoenix500.com

We began writing on the War On Cash some time ago, when it was still just a theoretical ploy that we believed banks and governments were likely to employ as their economic adventurism continued to unravel.

But, in the last year, several countries have, as a part of the War On Cash, begun removing larger bank notes from circulation in order to force people to perform all economic transactions through the banking system, assuring that the banks would gain total control over the movement of money.

Of course, the banks could not admit their true goal to the public. They instead used the governments to claim that the measure was being undertaken to restrict crime (money laundering, drug deals, black marketing, terrorism, etc.)

Recently, without any fanfare, ATM’s in Mexico have ceased issuing the 500 peso note US$24). The largest note is now the 200 peso note (US$10).

At about the same time, Citibank in Australia declared that it will no longer accept coins or banknotes.

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Climate and Popular Revolution

By Dr. Tim Ball – Re-Blogged From http://www.WattsUpWithThat.com

My major research interest in climatology is historical climate, but particularly the impact of climate and climate change on human history and the human condition. Climatology was always part of geography because it studies the climate of a region and the change over time. This was subsumed by the growth of climate science in which specialists studied individual pieces of the complex puzzle that are climate, usually without knowing where the piece fit. Geography and Climatology are integrative disciplines that are defined as chorology,

Journées Révolutionnaires à Paris : Louis XVI se réfugie à l'Assemblée - June 1792

Journées Révolutionnaires à Paris : Louis XVI se réfugie à l’Assemblée – June 1792

“the study of the causal relations between geographical phenomena occurring within a region.”

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Road to Recovery: Global Epocalypse Inevitable

By David Haggith – Re-Blogged From Great Recession Blog

The financial end of the world in economic apocalypse is here. A funny thing happened on the road to recovery: Trump’s chief strategist admitted his view of the Trumpian future looks like the Great Depression. Even the world’s largest bank just said global financial default is the preferable way out and most likely way out of the Great Recession that began in 2007/2008. That’s the new optimism.  You don’t get better than all of that for an exhilarating view of the imminent future. As Maya MacGuineas, the leader of the Committee for a Responsible Federal Budget, also assessed the situation,

“President-elect Trump is going to be inheriting the worst fiscal situation of any president… other than President Truman … as judged by the debt relative to the economy.” (The Washington Post)

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On December 14th Whirlybird Janet Will Be In A Very, Very “Hot Seat”

By Andrew Hoffman – Re-Blogged From http://www.Gold-Eagle.com

It’s Friday night, after another week of financial market ignominy has passed; fortunately, without further damage to those holding REAL money. Which fortunately, is likely to be extremely limited going forward, given how low Precious Metal “valuations” have been driven, amidst the most bullish fundamental environment imaginable. Heck, whilst the paper gold price has been mercilessly attacked – as countless fiat currencies crash, amidst an environment of unprecedented economic and political instability – physical demand has exploded.

To wit, physical gold is trading around $1,700/oz in India; whilst Chinese physical premiums have surged to their highest level since April 2013’s “Alternative Currencies Destruction” raid; which, I might add, caused May 2013 to be Miles Franklin’s best ever month. To that end, yesterday was the single strongest day of Shanghai Exchange physical gold offtake all year; and November, the year’s strongest month for U.S. Mint gold Eagle sales – surpassing…drum roll please…October, which saw a dramatic demand surge following the Cartel’s blatant October 4th attack, just after China’s markets closed for the “Golden Week” holiday.

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Stop Using National Credit Cards! Just Pay Our Bills!

By http://www.BizarroWorldUSA.com – Re-Blogged From iPatriot

For just shy of eight years now the United States has been economically hindered by the distorted interpretation of economist John Maynard Keynes’ twentieth century economic theory.

Application of Keynesian economics extended the Great Depression longer than necessary as it has for the recent recession.

Classic economic theory suggests that world and national economies experience rises and falls. Periods of stagnation can be moderated with reasoned spending and by controlling variable expenses. Keynesian economic theory, on the other hand, advocates that increased government spending in times of downturn spurs the economy resulting in shorter downswings. The flawed theory doesn’t work in a personal or household situation and it most certainly doesn’t work for individual states or nations. In fact, the larger the entity and economic platform the more in-congruent the premise becomes.

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10-Year US Treasury Yield Will Break Out Of 35-year Range By Yearend 2016!

By Gijsbert Groenewegen – Re-Blogged From http://www.Gold-Eagle.com

Why Interest Rates Will Break Out: Illiquidity, NO Vote Italy And Increasing Risk

Gundlach believes that Trump’s policies can raise the bond yields to 6% in the next 4 to 5 years. I believe that the recent surge in interest rates worldwide, with global bonds posting the biggest two-week loss ($1.8trn) in 26 years (since 1990) as President-elect Donald Trump sent inflation expectations surging, will rise above 3% before the end of 2016. Why? Because investors, mainly the hedge funds, and not so much the life insurance and pension companies that often hold their bonds until maturity, must get wary that the 10y Treasury Yield might break the 2.5% (we have already reached the 2.40% level on Wednesday November 23) and subsequently the very important 3% – see below.

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Silver Miners’ Q3’16 Fundamentals

By Adam Hamilton – Re-Blogged From http://www.Silver-Phoenix500.com

The silver miners recently finished reporting their third-quarter results, offering a hard fundamental look into this sector.  This reality check is valuable given the fierce winds of bearish sentiment buffeting silver stocks in recent months.  Despite their huge correction, the elite silver miners’ fundamentals remain strong.  They are producing at costs far below prevailing silver levels, with profits poised to soar as silver recovers.

Silver mining is a tough business both geologically and economically.  Primary silver deposits, those with enough silver to generate over half their revenues when mined, are quite rare.  Most of the world’s silver ore formed alongside base metals or gold, and their value usually well outweighs silver’s.  According to the venerable Silver Institute, only 30% of 2015’s global mined supply came from primary silver mines!

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The UN Poll

By Willis Eschenbach – Re-Blogged From http://www.WattsUpWithThat.com

A while back I discussed the UN Global Poll regarding what people around the world think is important to them. At that point there were about six million respondents. The people taking the poll are asked to choose (just choose, but not rank) the six issues that matter most to them from the following list:

BETTER JOB OPPORTUNITIES

FREEDOM FROM DISCRIMINATION AND PERSECUTION

ACTION TAKEN ON CLIMATE CHANGE

SUPPORT FOR PEOPLE WHO CAN’T WORK

ACCESS TO CLEAN WATER AND SANITATION

PROTECTING FORESTS, RIVERS AND OCEANS

RELIABLE ENERGY AT HOME

AFFORDABLE AND NUTRITIOUS FOOD

AN HONEST AND RESPONSIVE GOVERNMENT

A GOOD EDUCATION

EQUALITY BETWEEN MEN AND WOMEN

PHONE AND INTERNET ACCESS

POLITICAL FREEDOMS

BETTER TRANSPORT AND ROADS

PROTECTION AGAINST CRIME AND VIOLENCE

BETTER HEALTHCARE

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Climate Model Predictions are Telling a Consistent (If Wrong) Story

From AARHUS UNIVERSITY and the department of shredded wheat, comes this story. Maybe they should get out more.

Re-Blogged From http://www.WattsUpWithThat.com

Climate model predictions are telling a consistent story

Three independent methods of modelling climate change impact on yield display the same bleak tendency: When global temperature increases, wheat yield will decline. This is demonstrated in a study carried out by an international group scientists, including Professor Joergen E. Olesen and Postdoc Mohamed Jabloun from the Department of Agroecology at Aarhus University.

The good news is that the comparison of the three very different climate models allowed the scientists to be even more precise in their projections and enabled them to put more accurate figures on the relation between global warming and declining yields. The models unanimously demonstrate that for each 1°C that the global temperature increases, the global wheat production is projected to decline by an average of 5.7 percent.

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The War On Cash: Now Spain

By Jeff Berwick – Re-Blogged From Dollar Vigilante

India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’

In other words, Spain is going to make cash transactions even more difficult. As of press time, from what we can tell, this has yet to be reported anywhere in English media except here now at TDV.

As you can see, the chaos is increasing. Combine cash bans with attacks on fake news (more on that tomorrow), and you end up disturbing a significant amount of people as we wrote here recently.

This amounts to a trend of course, of the sort we’ve been analyzing for several years now. We’ve predicted increased social chaos throughout the West and beyond because globalism is not built by votes but by violence and widespread disaffection that allows globalist “solutions” to be rammed home.

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A Little Perspective On The Post-Election Gold Market

By Michael Kosares – Re-Blogged From http://www.Gold-Eagle.com

Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index.  The trading part of the software has been told to automatically place trades at certain correlated price levels and that is why we get these waterfall drops.  The rocket launch trajectories to the upside come when the trading function is told to buy and cover the previous shorts.

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Trump’s Victory: What Does It Mean For Gold?

By John Hathaway – Re-Blogged From http://www.Gold-Eagle.com

In our view, the systemic risks that existed prior to the presidential election have not suddenly vanished. Most important among these is a massive bond-market bubble. Close behind, equity valuations remain at historically extreme levels. How the new administration deals with these vexing issues, assuming that it even begins to comprehend them, is a complete unknown. Any unwinding promises to be precarious, full of pitfalls and setbacks, all of which are reason enough to hedge bets on a trouble-free return to robust economic growth with exposure to gold and precious-metals equities.

Reasons for post-election optimism abound. We agree with the following assessment by MacroMavens (11/17/16):

The vicious cycle of low rates – forcing households to save twice as hard, further depressing growth and inflation, pushing interest rates lower still and making saving even more urgent – will finally be broken. Rather than ping-ponging from one asset bubble to the next, papering over the deep wounds in between with more and more debt, we will finally get back to genuine economic growth built on entrepreneurial spirit and a rising standard of living for the populace. Velocity of money will at last lift off the mat.

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Whoops, Turns Out Concrete Actually Is A Carbon Sink

By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com

From the “settled science” department and the University or California Irvine, comes this inconvenient fact. For years we’ve been told by academics that cement is another nasty global warming contributor, because of CO2 released during production.

“Cement manufacturing is responsible for 5 to 8 percent of global CO2 emissions,” notes Del Gado, a theoretical physicist who is part of Georgetown’s Institute for Soft Matter Synthesis and Metrology. “Although there have been calls for creating so-called ‘green cement,’ the sustainability and science communities have yet to find a way to reduce CO2 emissions while retaining the efficiency, durability and cost efficiency of cement. Our study could help change that.”

Now, not so much.

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Italy: The Biggest Elephant Jeopardizing Europe And The Euro

By Jeff Berwick – Re-Blogged From http://www.Silver-Phoenix500.com

Not just the euro, but the entire European Union may be in jeopardy next week when the Italians vote on a constitutional referendum initiated by Prime Minister, Matteo Renzi.

What a Jubilee year it has been. First Brexit, then Trump and now it appears Italy is on the cusp of also escaping the grasp of the European Union.

After two years of directly covering trends involved with the disintegration of Western culture in my book Shemitah Trends, I can say with confidence that what has been built up is being torn down. That includes the European Union which will either gradually or abruptly collapse into various pieces.

Nonetheless, the overall centralization and authoritarianism of Europe will not cease. It simply will be ruled in pieces instead of as one region. The disasters that will come as a result of the fracturing, will be used as justifications to create the additional globalism that our controllers seek – though in general, most people are opposed to it.

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McDonalds Reacts To $15 Minimum Wage, Announces All U.S. Stores To Be Automated

By Jeff Dunetz – Re-Blogged From The Lid

This post comes from the “Department Of I Told You So.”  Back in August we reported that a Heritage Foundation study looked at the effect of the $15.00 minimum wage on a state by state basis the progressive program would put between 7 and 9,000,000 Americans out of work. The first indication that the unemployment wave may be happening is the latest news that McDonald’s is planning to expand its digital self-serve ordering stations and table service to all of its 14,000 stores in the U.S.

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