Obama's Killing the Economy One Day at a Time

By Alan Caruba

A theme I have returned to over the past three years is my view that President Barack Hussein Obama is a moron. A big part of me wants to attribute his decisions to ignorance, but another part sees a thoroughly malevolent ideology directing those decisions. I don’t think he likes America or Americans.

The world these days is a very unhappy place. In Western nations, Europe and the United States, there has been so much profligate spending and so many “entitlement” programs that financial structures are beginning to crack like poorly maintained bridges or dams.

The Democrats, led by Obama, Senate Majority Harry Reid, and former House Speaker, Nancy Pelosi, have supported the destruction of Medicare with Obamacare which is now wending its way through the courts with 26 States joined in opposing it. In this and so many other ways this trio, supported by party linevotes has created an environment of fear and uncertainty that is playing havoc with the economy.

Millions of Americans are waking up to the fact that the Federal Reserve, despite being authorized in 1913, is a central bank with its own agenda and not even subject to a congressional audit. As was the case leading up to the Great Depression of the 1930s, its policies are contributing to the current financial crisis. This week Wall Street listened to Fed Chairman Ben Bernanke’s outlook on economic growth and stock prices took a dive.

All of the Obama administration’s economic policies have proven to be models of stupidity and three years on from Obama’s 2009 inauguration, every single element of the economy is in the toilet.

A June 8 opinion by Martin Feldstein, published in the Wall Street Journal, was titled, “The Economy is Worse Than You Think.” Like the 1960’s robot on TV’s “Lost In Space”, Feldstein and a legion of economists are shouting, “Danger, America, danger!”

Is anybody surprised that every one of Obama’s original economic advisors except for Tim Geithner at Treasury has left for the ivory towers from whence they came? With tenured jobs waiting, they are secure even if the rest of us are not. Geithner came from the ranks of the Federal Reserve and that is hardly a recommendation these days.

Soon, Obama will be able to say, like France’s King Louis XV, “Après moi le déluge”,

To provide you with just one example. You have to be stupid to cling to a completely debunked “global warming” hoax whose real purpose was to create a new source of wealth for people like Al Gore via the sale of “carbon credits.” These are permission slips to emit carbon dioxide (CO2) while producing energy, such as utilities, or using it to manufacture and produce virtually everything from steel to the local baked goods.

The problem for those advocating carbon credits is that there is no global warming. A new cooling cycle began in 1998 and the Earth has been cooling ever since. The Mississippi River flooding is the result of melting snow from a winter that produced record amounts. Future winters will become more extreme and last longer because that’s what happens when the Earth cools.

Not only is the Earth cooling, as it did from 1300 to 1850 in what is now called the “little Ice Age”, but CO2 has nothing whatever to do with the climate. It comprises 0.038% of the atmosphere. Manmade CO2, deemed the culprit because it is the result of burning fossil fuels, oil, gas, and coal, for energy, has nothing to do with climate. The primary factor was and is the Sun. It has been that way for 4.5 billion years.

So why do we read that the Obama administration’s Department of Agriculture has spent $17.4 million “to explore market for carbon credits”? Why is the administration still fixated on a Cap-and-Trade bill they say will reduce CO2 when it is not a problem? Somebody is still looking for a big payday, but the rest of us have just seen $17.4 million of our money flushed down the Green toilet.

The problem here is that the Chicago exchange that was set up to cash in on the CO2 cash cow has folded and the ones in Europe have collapsed as well. Agriculture Secretary Tom Vilsack may want to establish an American carbon market, but having already wasted millions toward this objective, someone needs to tell him to stop.

That someone would normally be the President, but our President is not normal. He is a pathological narcessist and liar.

In the past three years, Obama has doubled the national debt, often with “stimulus” bills that stimulated nothing.

Obama’s Gulf of Mexico “permatorium” has put 87,000 workers in the oil industry out of work with a moratorum on drilling permits that courts have twice declared illegal, but which continues to this day.

Americans have been forced to witness a succession of short-term, quick fixes to the economy that have fixed nothing and made things worse. That’s a pretty good definition of stupidity.

© Alan Caruba, 2011

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November 20, 2009: The Day "Global Warming" Ended

By Alan Caruba

November 20, 2009 is an important date because it was the day that “global warming” ended. It was the day that a total fabrication, a hoax, was revealed to be the work of the United Nations Intergovernmental Panel on Climate Change (IPCC), aided and abetted by a vast network of governmental and business leaders, a compliant media, and scientists who sold their souls for grants and other funding.

It was the day that Al Gore was shown to be unworthy to share a Nobel Peace Prize with the iniquitous IPCC, nor an Oscar for his documentary, “An Inconvenient Truth.”

It was the day that Cap-and-Trade legislation, the largest tax ever on energy use, was eviscerated as lacking any basis in science. The legislation proposed to establish a “carbon credits” trade that would have enriched the Chicago Climate Exchange created by investors that included Goldman Sachs. Following the "global warming" hoax revelations, the Exchange would close its doors within a year.

November 20 was the day that three thousand emails between the meteorologists at the Climate Research Unit at the University of East Anglia, England, specifically its director, Phil Jones, and Penn State’s Michael Mann, as well as others involved in the hoax were made available on the Internet.

The Washington Times reported that “Obama administration climate czar Carol Browner rejected the revelations in the email exchanges, saying “I’m sticking with the 2,500,” referring to the IPCC climate science members. “These people have been studying this issue for a very long time and agree this problem is real.” This, like all the other assertions about “global warming” was a lie.

It must be noted that President Barack Obama continues to talk about “climate change”, the term used to replace “global warming”. His administration has many “global warming” advocates including his science advisor, Dr. John Holden, and Secretary of Energy, Dr. Steven Chu. The Environmental Protection Agency is engaged in securing authority to regulate carbon dioxide and other “greenhouse gas emissions” as this is being written.

The administration’s funding through subsidies and mandates for “renewable energy” sources such as solar and wind energy is entirely based on the assertion that the generation of energy by coal-fired plants, is causing “global warming.” Neither solar, nor wind can even begin to provide sufficient energy for the nation, now or in the future. Support for ethanol, a biofuel, is equally without merit.

The primary assertion behind “global warming” was that it was “anthropogenic”, created by human activity, primarily the burning of “fossil fuels” by utilities to generate electricity and by industrial users. Similarly the use of oil derivatives, gasoline and diesel for transportation is blamed.

A segment of IPCC members did not support the global warming hoax and tried for years to marshall opposition to the Panel’s findings, published in reports shot through with baseless distortions and assertions that the Earth was heating to an extraordinary degree. Over time, they came forth and publicly disputed the IPCC for spreading the "global warming" hoax.

A year earlier in 2008, testifying before a congressional committee, Dr. Roy Spencer, the principal research scientist of the Earth System Science Center at the University of Alabama in Huntsville, said, “Despite decades of persistent uncertainty over how sensitive the climate system is to increasing concentrations of carbon dioxide from the burning of fossil fuels, we now have new satellite evidence which strongly suggests that the climate system is much less sensitive than is claimed by the U.N.’s Intergovernmental Panel on Climate Change.”

“The warming we have experienced in the last 100 years is mostly natural,” said Dr. Spencer, adding that whatever warming had occurred had since been replaced by satellite data documenting that the Earth had “not warmed for at least seven years now.”

A “little ice age” from about 1300 to 1850 was well known to meteorologists and climate scientists.. Dennis T. Avery, the director of the Center for Global Food Issues at the Hudson Institute, noted in April 2008 that “The Earth’s warming since 1850 totals about 0.7 degrees C. Most of this occurred before 1940.” The global warming hoax went into high gear in the late 1980s when no significant warming was occurring. Avery, too, noted that “The Earth has experienced no discernible temperature increase since 1998, nearly nine years ago.”

Following the leaked emails, on November 26, 2009, an editorial in The Wall Street Journal concluded that “the impression left by the correspondence among Messrs. Mann and Jones and others is that the climate-tracking game has been rigged from the start.”

By then, however, the lies put forth by the IPCC had been debunked by a series of international conferences on climate change sponsored by The Heartland Institute. Participants represented many internationally respected climate scientists.

How profitable was it for those involved? Al Gore and others are alleged to have made millions from the now defunct Chicago-based Climate Change Exchange. The emails revealed that CRU director Phil Jones had, since 1990, collected a staggering 13.7 million British pounds (about #22.6 million US) in grants.

In the United States, an estimated $50 to $60 billion in government grants for climate research had been squandered since the late 1980s when James E. Hansen, a NASA employee, Director of the Goddard Institute for Space Studies (GISS), testified before a congressional committee claiming that a massive heating of the Earth was occurring.

Drs. Mann and Jones have both been exonerated by the universities for their work, but there has been a seismic shift in the scientific community as institutions such as the Royal Society in England have begun to back off from their support of the “global warming” hoax.

The “global warming” hoax was supported vociferously by the mainstream media in the U.S. and around the world. The worst offenders have been The New York Times, Newsweek and Time magazines, but there are others too numerous to list, including leading scientific publications.

On November 20, 2009, the world began to awake from a totally fictitious nightmare called “global warming.” It persists among those desperate to keep the truth from reaching a world that has been duped by the largest collection of governmental leaders, politicians, scientists, and media collaborators ever to engage in such a Big Lie.

© Alan Caruba, 2010

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