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What A Travesty!

CEI Wants EPA-Suppressed Report Reopened For Comments

Here’s a follow-up to my post that the House passed the (gasp) Global Warming bill 219 to 212 in which I lampooned the NYT announcement of its passage:

A vote of 219 (stupid people who view [gasp] global warming as a religion) narrowly defeated the 212 house members (that pay attention to over 37,000 scientists and one EPA veteran who’s been censored by his employer for his report that doesn’t buy into the hysteria).

Now, the Competitive Enterprise Institute (CEI) today is demanding that the Environmental Protection Agency allow public comment on an internal global warming report that the agency itself suppressed.

CEI is submitting the report to the EPA and formally requesting that EPA re-open the comment period on its so-called “endangerment proceeding,” so the public can comment on both the report and on EPA’s conduct. EPA’s official comment period ended June 23.

Today’s actions follow CEI’s release of internal EPA emails a week ago that demonstrated the agency cover-up, followed by a draft version of the report released last Thursday. A day later, the author of the report was given permission by the agency to release the final report but only on his own website.

“EPA sits on this report for over three months, and then only allows it to be made public on the author’s personal website,” said CEI General Counsel Sam Kazman. “The fact that we have to formally re-file it with the agency indicates how unreal this situation is.”

You can read a pdf of the report written by Alan Carlin and it is devastating to the religion of (gasp) global warming believers.

Take a look at Figure 1.2 on page 34 of the filing: Figure 1-2: IPCC AR4 Figure 26 Updated

Figure 1-2 shows how climate models and reality diverge. The red, purple, and orange lines are model forecasts of global temperatures under different emission scenarios. The yellow line shows how much warming we are supposedly “committed to” even if CO2 concentrations don’t change according to the IPCC. The blue and green lines are actual temperatures as measured by ground-based (HadCrut) and satellite (UAH LT) monitoring systems. It is fairly evident that the IPCC projections are quite divergent from the actual experience in recent years.

What’s really rather remarkable, is that since 2000, the rates at which CO2 emissions and concentrations are increasing have accelerated. According to Canadell et al. (2008), fossil fuel and cement emissions increased by 3.3 percent per year during 2000-2006, compared to 1.3 percent per year in the 1990s. Similarly, atmospheric CO2 concentrations increased by 1.93 parts per million per year during 2000-2006, compared to 1.58 ppm in the 1990s. And yet, despite accelerating emission rates and concentrations, there’s been no net warming in the 21st century, and more accurately, a decline.

Bottom line: you have all these wild projections of (gasp) global warming and a huge increase in C02, yet there’s been no global warming. Instead we have a decline in temperatures (See those charts on page 33 of the filing).

Read the report for yourself and then know you’ve been had!

Trading Pairs: Apple And RIMM

A little over six weeks ago Adam Hewison produced a video on the relationship between Apple and RIMM.

He called it the “Battle Of The Tech Titans,” and in that short video he explained that he felt the relationship was changing between Apple, Inc. (NASDAQ_AAPL) and Research In Motion, Ldt (NASDAQ_RIMM). He detailed a strategy of approaching this market using a trading strategy that he calls “pair trading” or “trading pairs.”

What trading pairs means is that you buy one market while going short the other market in the same sector. Now Apple and RIMM are battling it out right now in the smart phone sector. It remains to be seen who is going to be triumphant in this battle but it would appear as though Apple may have the upper hand based on its very successful “APP” store.

I strongly suggests you watch his earlier video on this subject; and then watch his latest video which he just produced.

Trading pairs is what many professionals do when they are unsure as to the direction of the general market but feel pretty comfortable in their analysis of the relationship between two stocks. I hope you find the video both informative and educational.

The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.

Nuff Said!

The Obama Doctrine

The Pledge Is Not Still Active

When you voted for “The One” did you really believe him when he pledged not to raise taxes on those earning less than $250,000? Boy were you suckered!

Book Review: One Second After By William R. Forstchen

I just finished William R. Forstchen’s “One Second After” and it is an eye opener. Like “Into the Forest” or “Gift Upon the Shore”, it paints a picture of the U.S. after a disaster strips away the thin veneer we call civilization over the whole of America. “Into the Forest” is written mostly from an individual perspective about coping with the loss of civilization and “Gift Upon the Shore” from a small group’s ability to cope with disaster. “One Second After” is about a small town just outside of Ashville, North Carolina and how it deals with the aftermath of an Electromagnetic Pulse (EMP) attack on the U.S.

An EMP is generated by the exploding of a nuclear weapon 250 to 300 miles over the U.S. The electric pulse that is generated fries the computer innards that run our society. The electronics in our modern cars is fried, our financial system, that is primarily electronic, is fried along with anything in the way of energy production, food production, and hospital care. We suddenly living in a country as it was 400 to 500 years ago.

Forstchen writes a page turner that pulls at your heart. His city must confront ways to handle the sick and their medical needs. It must confront lawlessness and summary justice, food shortages with no help from the outside. In fact with all communications cut off, thwere isnooutside any longer.

In an EMP attack we may lose 10% of our population in the first week. Just imagine the plight of commercial aircraft. On an average day there are 3,000 planes flying over the U.S. and an average of 200 people on each plane. With no way to steer, six hundred thousand people would be lost in an instant as the planes fall from the sky.

Forstchen thinks that in the farm belt we could lose up to 60% of the citizens. In the big cities after a year only 10% would be left.

In 2004, a reprt was issued called the Report of the Commission to Assess the Threat to the United States from Electromagnetic Pulse (EMP) Attack. The report is 62 pages long and outlines the threat we face and seems to focus on stopping an attack rather than hardening our electronics to withstand such an attack. It is dry reading. I recommend “One Second After” and when you are done, I ask you to contact Congress about protecting the nation.

Or you can start accumulating arms and ammo to protect yourself and to forage for food. You can start setting up a food larder. You can acquire knowledge to make your self useful in the new society, like how to generate electricity, steam engine technology, animal husbandry and horticulture.

Sotomayor Overturned

In a 5-4 decision, the Supreme Court reversed in Ricci, the white firefighter case a decision that Sonia Sotomayor, a Supreme Court nominee, endorsed as an appeals court judge. The court ruled along philosophical lines that there was a violation of Title VII.

Tom Goldstein writing at SCOTUSBLOG:

The Court holds that the city’s fear of litigation cannot justify the refusal to apply the test

A comment asks for a bottom line: the plaintiff firefighters won. New Haven violated the law by throwing out the test.

Energy Fields…and Gold?

This video covers Gold and the Energy Fields. Wait, did I just say Gold AND the Energy Fields? Yes, yes I did.

In this new video Adam Hewison analyzes the gold market in a way that “I’ve never divulged before.” So you’ll be getting the first view of a method that Adam has NEVER discussed in any previous videos.

I couldn’t agree more with Adam. IMO, we are close to a huge break out. Hope your weekend was good, and maybe this video will bring a “smile” to your portfolio.

Earl Is One Of the 219!

Right after my post “House Approves Bill to Address Threat of Global Warming“, I received this email from our Democratic House representative, earl Blumenauer:

I want to share some truly historic news! Today the House of Representatives took decisive action to create clean energy jobs, hold polluters accountable, and reduce our nation’s (gasp) global warming emissions. We passed the American Clean Energy and Security Act (ACES), one of Congress’s biggest environmental steps in twenty years. For the cost of a postage stamp a day, this legislation will cap dangerous carbon pollution while finally putting America on the path to a clean energy economy.

Oregonians have long understood the value of a healthy environment, and my constituents have been pushing me for years to get Congress to take strong action on climate change (see global warming). Today represents a historic first step. As one of the leading environmental voices here in Washington DC I have been fighting to protect our natural resources and make smart investments in renewable energy that can’t ever spill or run out. Even through the difficult years of the Bush administration, I understood the urgency of our energy and climate challenges, so it was with great excitement that I cast a vote tonight for ACES.

While I would have liked stronger renewable energy targets, Monet didn’t create his masterpieces in a day, and this is a very good start. It will reduce our nation’s (gasp) global warming pollution 17% by 2020 and 83% by 2050, and in the months and years ahead I will keep fighting to improve these goals.

What matters is that for the first time ever, we have a mechanism in place to rein in global warming and create capital that can be invested in renewable energy sources from the wind, sun, and natural heat of the earth. This will create millions of jobs around the nation and right here in Oregon, where we have so many clean energy innovators. It will reduce our dependence on oil – insulating us from global oil spikes – and make us competitive with emerging economies like India and China.

Throughout this process, I worked to make the energy and climate bill as strong as possible. Just this week I secured funding for low carbon transit investments. As I recently wrote in the Huffington Post, we can’t successfully address (gasp) global warming if we don’t deal with the transportation sector, which accounts for 33% of America’s carbon emissions. As we in Portland know, having more commuting options improves quality of life and public health, saves us money, and keeps us from burning a gallon of gas every time we run to the store for a gallon of milk.

This improvement to the bill will eventually mean $1 billion a year for low-carbon transportation, complementing the $190 billion the bill invests in clean-energy technologies that will directly fund companies, research institutions, and those in the business community who are investing in renewable energy.

Almost every day I cast a vote in Congress, and while each vote is important, some carry an added weight and sense of history. This vote was one of these, and I am truly proud of the work we are doing in Congress to invest in clean energy, take on (gasp) global warming, and make America more globally competitive.

(gasps) have been added, because he left them out.

What a bunch of BS! I notice Earl chooses not to accept email from his constituents. So, my opinion will not be read by Earl unless he reads my blog.

House Approves Bill to Address Threat of Global Warming

According to the NYT,

The 219-212 vote marked the first time that either house of Congress has approved a bill aimed at curbing the heat-trapping gases scientists have linked to climate change, and it could lead to sweeping changes in many sectors of the American economy, including electric power generation, agriculture, manufacturing and construction.

Let’s rewrite the paragraph:

A vote of 219 (stupid people who view [gasp] global warming as a religion) narrowly defeated the 212 house members (that pay attention to over 37,000 scientists and one EPA veteran who’s been censored by his employer for his report that doesn’t buy into the hysteria). It marked the first time that either house of Congress has approved a bill aimed at curbing the alleged heat-trapping gases some scientists have linked to climate change, (although why temperature goes up prior to an increase in CO2 doesn’t get discussed in polite conversations) and it could lead to sweeping changes in many sectors of the American economy (like the largest tax increase ever and a huge loss of jobs, when America is spending other-worldly gobs of money to revive the economy), including electric power generation, agriculture, manufacturing and construction. (Although if the economy doesn’t improve soon electric power generation and manufacturing and construction will be severely restricted for some time into the future.)

That really how the times should have wriitten the paragraph. This is not settled science as the MSM wants you to believe. We have other priorities. Let’s hope the Senate throws this bill under the bus.

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