Will Green Carbon Credit Bubble Survive the Crash?

The collapse will hit greenie stuff too. I don't think there will even be time to build up a huge "carbon credit" bubble now, after the Mortgage Backed Security bubble went bust.

The mortgages crashed, you heard about that. The MBS and real estate bubble crashed too. That was a giant Ponzi scheme, including MBS bought by China and India investors. You know, Chinese Communist party billionaires bought US MBS (Mortgage Backed Securities). Foreclosures are the big business now. Countrywide Mortgage Brokers were bailed out by $11 billion, a bigger bail-out than in 1998 of LTCM. The system is finished folks. We have to create a bottom to the depression, or there will be no bottom. There will be a dark age, of collapse of home. Moves toward dictatorship and war adventures will only ACCELERATE the collapse. We need a new agreement on a no speculation financial system, and a stable dollar.

So, my patriotic flag-waving friends, cut it out. We need Russia, China, India. We cannot allow the British Empire apparatus create another Cold War. We need them, but they need us as well, because they know that if the dollar goes under, they are also broke. The British don't care if they survive, they just want to play their game. That is why some blokes revolted with things like the "Great Global Warming Swindle" movie.

Green Power is Solar or What?

Some of my Australian friends have suggested that nuclear power is bad for the environment, and just something they can do without. See the link.. Of course, with all the bad propaganda, what do you expect? But how can the relatively small island nation of Japan have 27 nuclear power plants and the Aussies have none in an area of almost 3 million square miles? It's a disgrace.

Solar power will never cut it for general use in an industrial civilization. It only has enough energy flux density for isolated and special applications.

Green Thoughts but Mostly of Money

Looking at the NY Times complain about home prices declining is such a joke. Let's look at the ridiculous arguments, and the "Crimes of the Times". First of all, the financial system is coming down soon, or else they will hyperinflate out, and the whole price structure will deteriorate rapidly. But let's take a looksie:

Drop Foreseen in Median Price of U.S. Homes (What not enough people enslaved and suffering?)

Economists say the decline, which could be foreshadowed in a widely followed government price index to be released this week, will probably be modest — from 1 percent to 2 percent — but could continue in 2008 and 2009. Rather than being limited to the once-booming Northeast and California, price declines are also occurring in cities like Chicago, Minneapolis and Houston, where the increases of the last decade were modest by comparison.
(That means they are urging the Fed Res to hyperinflate as soon as possible).

If you want the rest of the drivel, it is here at: Really Long Link


Labels: real estate homes prices new york

Green Environment and Green Money

It's hard to take environmentalism serious when the whole financial system is about to evaporate, unless we all want to live in the trees.

I know you don't want to read about the financial crash. Tough! With Citibank, Bank of America, J P Morgan Chase and Wachovia getting "helicopter drops" of money from the Federal Reserve, it's a little hard to ignore. But, for the doubting, here's a bit more evidence, from the latest Fortune Magazine.

It seems the Federal Reserve made another desperate lunge forward this week, sending letters to both Bank of America and Citigroup on Aug. 20 allowing them to "blow through" the legal limits on how much they are allowed to lend to their own brokerage firms, it was revealed today by Fortune. Fortune comments: "This unusual move by the Fed shows that the largest Wall Street firms are continuing to have problems funding operations during the current market difficulties, according to banking industry skeptics. The Fed's move appears to support the view that even the biggest brokerages have been caught off guard by the credit crunch and don't have financing to deal with the resulting dislocation in the markets."

Fortune also notes that the other big banks have probably received the same exemption, which allows each to lend $25 billion to its brokerage (i.e., Citibank can lend $25 billion to Citigroup Global Markets, its brokerage), which is about 30% of their capital, as opposed to limits of 10% under the regulations.

This move is linked to the Fed's reduction of rates on their discount window last Friday. "This is just a technicality to allow us to use our regular channels of business with funds from the Fed's discount window," said Bob Stickler, spokesperson for Bank of America, to Fortune's Peter Eaves.

The Fed even claimed to be acting in the "public interest," because it allows Citibank to get liquidity to the brokerage in "the most rapid and cost-effective manner possible," they told Fortune.

Poor Al Gore

Poor Al Gore, no one seems to be noticing him lately. Perhaps with the financial crash, people are losing interest in his absurd march to deindustrialization, in the nation of Mother Earth. too bad.

Scientific Progress or Global Warming paranoia

Scientific progress and environmentalism don't seem to mix. Scientific Progress now at least, just a few more cell phone toys for the oligarchy, aka the "beautiful people"? Or can we fundamentally increase electrical power, water supplies, climate control, and even our control of larger areas of the solar system? These are questions to ask, before signing on to the next environmentalist bugaboo, from banning DDT, to save the Spotted Owl and shut down logging. From spots on my apples to the birds and the bees, like the greenie song goes. From nuclear waste paranoia to the current "Global Warming" craze.

With MHD Magneto Hydraulic Dynamic systems developed, electricity will be produced directly through electro-magnetic fields. The source can be fission or fusion power. We can save the windmills and the solar power for special applications, like a space station on the Moon. Do a Google on that! Colonizing Mars would be in the realm of possibility after we establish a base on the Moon, not just visit it.
You have to really study environmentalism versus the alternative of Scientific Progress to see what they are pushing on the inside, in terms of depopulation, and the fantasies of the Anglo-Dutch oligarchy. Plus their kooky ideas about the souls of animals and transcendentalism, going back to Thoreau's Walden Pond. With the world financial system and the hedge funds about to collapse, with the real estate bubble already gone, it is time to figure out what these oligarchs are doing to us and how to stop it. But, we can't just "redistribute" wealth, we as creative human beings can create more wealth.

Learn the axiomatic beliefs of your opponent, including "environmentalism".

Marketing and Global Warming "Action"

Note- this comment is also posted at
this link.
I regret to inform Ahmed, etc that "Global Warming Action, Mobilization,etc" are not, repeat, not about stopping Global Warming.
(They really don't give a damn about GW to tell the the truth, the disciples of the late Margaret Mead, the foundations, etc). It is just marketing.

The right wing is sold on genocide by "stop the terrorists", etc. The Saudis are sold on the Iran war on the basis of "stop the Shiites". The same in Aus, etc, whatever the profile.

The "left wing" is sold on genocide on "save the polar bear, save the rain forest, etc" to kill billions of people.

And the bleepin' WWF, environmentalists etc actually destroyed the rain forest by being part of a mobilization (or conspiracy, or political witchhunt) to stop nuclear power production in Brazil in the 1970s.


I regret to inform Ahmed, etc that "Global Warming Action, Mobilization,etc" are not, repeat, not about stopping Global Warming.
(They really don't give a shit about GW to tell the the truth, the disciples of the late Margaret Mead, the foundations, etc). It is just marketing.

The right wing is sold on genocide by "stop the terrorists", etc. The Saudis are sold on the Iran war on the basis of "stop the Shiites". The same in Aus, etc, whatever the profile.

The "left wing" is sold on genocide on "save the polar bear, save the rain forest, etc" to kill billions of people.

And the bleepin' WWF, environmentalists etc actually destroyed the rain forest by being part of a mobilization (or conspiracy, or political witchhunt) to stop nuclear power production in Brazil in the 1970s.

Global Warming?

There was a bit of an international scandal, with the expose on the Rush Limbaugh show, that Nasa's Goddard Institute has admitted that a large chunk of their U.S. Temperature data is wrong. This means that now the 1930s were the hottest decade in the last century, not the 1990s.

Canadian Economist Steve McIntyre has exposed the fact that the global temperature data produced by James Hansen, director of NASA's Goddard Institute for Space Studies, has been faked. This exposure is already causing global warming researchers to question their temperature data and their model results.

It seems that Al Gore's Inconvenient show is based on this faulty data, with the addition of the famous Hockey Stick, of the last thousand years, another total fraud. I attached a link to summarize these juicy developments.

As the Collapse Hits, Will Green Issues Matter?

As the infrastructure collapse hits bridges (Minneapolis, MN) and now water supplies, can we really afford spending billions for a fantasy threat called global warming? If we want to control climate change, whatever its source, don't we need new and bigger water, irrigation and forestry projects? In any case, our citizens need clean water.

Some details:

**In Chevy Chase, Montgomery County, Maryland, on May 29, a 12-inch water main ruptured, one of two incidents in the region that day that cut water off to 2,200 residents. The Washington Suburban Sanitary Commission (WSSC), which maintains freshwater and sewer pipes for both Montgomery and Prince George counties in Maryland, reported that during February 2007, there occurred a stunning 477 water main breaks, 16 per day. Sixty per cent of the system's 5,300 miles of pipe is 30 years or older; another 25% is 50 years or older. But with the funding spigot nearly shut, the WSSC replacement schedule would get around to replacing each mile of pipe only once in every two hundred years.

**On July 12, a 48-inch water main break in a Detroit suburban (Livonia) section of the Interstate 96 freeway, sent water gushing like a waterfall, as much as 4 feet deep, down the freeway, causing motorists to scramble onto the roofs of their cars to survive. The freeway was shut.

The United States has 54,000 community water systems, that transport fresh drinking water to citizens. In 2001, the U.S. Environmental Protection Agency (EPA) released a national survey of drinking water needs, that concluded that it would cost $151 billion over 20 years to repair, replace, and upgrade the nation's community water systems. A 2003 study by the Congressional Budget Office (CBO) concluded that over a 20 year period it would require between $178 billion and $331 billion in pipe replacement costs alone, not counting other capital costs like pumping stations, and operation and maintenance costs. Yet, in cities like New York, there are water mains that are more than 150 years old-- they were put in place when James Buchanan was President-- and they rupture with regularity. Several water systems, because of their decrepitude, have become transmitters of water-borne bacteria, like salmonella, which cause diseases in humans and animals.

On July 16, 2007, the United States Conference of Mayors released the results of a study conducted by the Mayors Water Council that showed that 48% of American cities are on a water and sewer pipe replacement schedule of 20 to 100 years, and between 18 and 23% of cities are on a replacement schedule that will exceed 100 years. This is a recipe for disaster.

A Green Inconvenient Mess of Gore

An inconvenient crime by Al Gore is that he has made a huge amount of money by moving over to "environmentalism". He has become a partner with David Blood in London and has launched a hedge fund, focused naturally on carbon count trading and the like. His public appearances have been eaten up, often but not always in places like New Jersey's Meadowland's at the Live Earth concert.

He actually knows nothing about anything, and is a front man for his friends like Britain's Prince Charles to spread ecofascism. Of course, this crowd is dead set against Nuclear Power, water projects, or doing anything that would actually help people or the environment. Like they say on the Simpsons, "LaRouche was Right"!

Is Environmentalism an Excuse to Neglect Reality?

We see people going nutty about global warming, but it doesn't seem to matter when the Minneapolis Bridge collapses. With some of the neo-cons letting it all hang out, will the Republican Candidates for Pres. like McCain, Romney and Guiliani tell you to jump off a bridge? Like the Minneapolis bridge that fell apart? It seems that despite protests of "caring" about this, if we go back to these people's ideological controllers, such as the Fox TV, Rupert Murdoch crowd, they just don't give a damn.

Appearing on the Fox News Sunday program, Neo-conservative Bill Kristol said "we're spending an awful lot of money" already, "mostly state money, not federal. That's the tradition in America and it should probably stay that way. You know, I don't think this symbolizes any great failure of our infrastructure. Once every twenty-five years, some bridge falls down unexpectedly due to engineering problems, and it is unfortunate, obviously. But the idea that the whole country is crumbling is not, I think, credible."

You see the callousness, the total shamelessness of it! It's amazing that the whole Republican crew is not tarred and feathered.

Nuclear Power, the Green Technology

Nuclear Power is where it is at is you are a true greenie. This way we can even build HTGRs (High Temperature Gas Reactors) to desalinate sea water, and catalytically crack water to create hydrogen fuels. And if we can green the desert, we can also get a handle on climate change, whether up or down. Here is a press release:

In several cabinet-level meetings this week, Russian President Vladimir Putin and other Russian leaders focussed on the country's economic development in the near, middle, and long term. The deliberations started with a July 30 government meeting on Russia's first-ever three-year budget plan, which Putin introduced as "for the first time, so specifically and in some depth, setting forth objectives for the development of the real sector of our economy."

Putin said, according to transcripts posted on the Kremlin web site, that by 2010 an 8.89 trillion-ruble budget will incorporate "new principles of planning revenues and spending," including the use of some of the petroleum export-derived Stabilization Fund for purposes within the country. According to monetarist dogmas the Stabilization Fund has been largely invested in foreign government bonds. The new budget directs a portion of those resources into pension-support schemes, while still not going full-force into the type of domestic infrastructure investment demanded by Academy of Sciences economists, including the late Academician Dmitri Lvov.

In budget spending, Putin said, "We have started to pay more attention to the real sector of the economy. The budget line that has risen the most is support for the national economy: for innovation programs, infrastructure, the aircraft industry, shipbuilding, and electric power, including nuclear power. This budget line has increased by 44.4 percent, to the level of 718 billion rubles to support the national economy. Within that, the fastest rising line is spending for the nuclear industry: from 14 billion this year, to 60 billion rubles." (Currently, 26 rubles = 1 dollar).

Mexicans Denounce Global Warming Hoax and Gore

JULY 31, 2007 (LPAC)--Four LYM members from Monterrey, Mexico, along with contacts that they had made in previous deployments to Saltillo, capital of the state of Coahuila, particularly from the Agricultural University Antonio Narro, gave a noisy reception to Al Gore, who was the star at the conference organized by the environmental office of the state governor there. With speakers and signs, the LYM succeeded in getting the TV cameras and photo lights, which had been focused on Gore's entourage, to turn to them en masse. The Gore-ians and state officials who were with them were left standing alone with only themselves to talk to.

Many journalists, both from the local and national press interviewed Sergio Barbosa, from the Monterrey LYM, who explained the hidden story of Al Gordo, uncovered by the international campaign launched by Lyndon LaRouche. They distributed our literature on Gore and on what really changes the weather. Afterwards, a local radio news show took almost the full span of its broadcast to interview the LYM member.