Dodd-Frank Is Now Officially A Dud

By Frank Holmes – Re-Blogged From

I often remind investors to look past the negative and find the positive. Last week provided no shortage of big splashy headline stories, from yet another high-profile personnel shakeup at the White House to a nail-biter special election in Pennsylvania’s 18th Congressional District, from Russia’s alleged nerve agent attack on a former double-agent spy to a tragic bridge collapse in Miami.

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Will Congress Finally Get Tough on Junk Science?

By Paul Driessen – Re-Blogged From

House hearing investigates a UN cancer agency accused of misusing US taxpayer funds

A growing problem for modern industrialized Western societies is the legion of government agencies and unelected bureaucrats and allied nongovernmental organizations that seem impervious to transparency, accountability or reform. Their expansive power often controls public perceptions and public policies.

Prominent among them are those involved in climate change research and energy policy. In recent years, they have adjusted data to fit the dangerous manmade climate chaos narrative, while doling out billions of taxpayer dollars for research that supports this perspective, and basing dire predictions and policy demands primarily on climate models that assume carbon dioxide now drives climate and weather (and the sun, water vapor, ocean currents and other powerful natural forces have been relegated to minor roles).

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The Price Of Eco-Madness: California’s Oil Production Collapse

By Anthony Watts – Re-Blogged From

From the “everything is leaving California these days” department. The collapse of the oil industry in California, once our second-most-important producing state, is a very sad thing to see.

The U.S. shale oil revolution has completely passed the state by.

California crude oil production in thousands of barrels per day since 1980. Data source: US Energy Information Administration

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Price of Bullets Slowly Rises as Firearms Industry Struggles

By Bloomberg – Re-Blogged From Newsmax

For the last few weeks, shooting enthusiasts may have been paying more for bullets without realizing it. Vista Outdoor Inc., which owns a variety of firearms and ammunition companies, recently announced that it had increased the price of ammunition last month.

In an earnings call held last week, Chief Executive Officer Chris Metz told investors that the company first increased the price of ammunition in early January. A second price increase will come in April, he added.

 Both boosts in price were “in the low- to mid-single digits.” Vista owns Federal Premium Ammunition, CCI, Estate Cartridge, and Force on Force, among other shooting-sports and outdoor product companies. Commodity pressure led to the increase, Metz said.

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Climate Broken Window Fallacy

By Eric Worrall – Re-Blogged From

According to Time Magazine, forcing everyone to switch from CFC refrigerants to more climate friendly refrigerants is a job creation opportunity.

Here’s the One Climate Change Deal the Trump Administration Might Back

By JUSTIN WORLAND, February 6, 2018

The Trump Administration has hesitated to throw out a key deal reached in 2016 to phase out a pollutant found in air conditioners that is a factor in climate change, in part because American companies think it could be a huge business opportunity for them.

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On the Precautionary Principle

By Neil Lock – Re-Blogged From

Today, I’m going to look at a mantra much trumpeted by environmentalists; the precautionary principle. I’ll seek to make a case that, since the early 1980s, this idea has been perverted. To such an extent, that the principle now has an effect all but opposite to its true intention. I’ll trace how this happened, and try to outline how we might fix the resulting mess.

What is the precautionary principle?

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