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Wall St. sets the stage for the next Big Heist

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One could not help but notice the constant emphasis, during and since the Obama campaign, on Climate Change and Green energy programs. The world has a real need to develop more oil independent energy sources and halt the wholesale rape of Mother Earth. However, hearing these pleas from Washington to London from the highest offices in the land only demand more thorough investigation. When one remembers that these same high offices have been responsible for the Iraq War, The Afghanistan War and the destruction of the economy, taking anything at face value is a precarious enterprise.

As in all schemes brought to life by Government office, the first question that begs to be asked is Qui Bono? When a Carbon Tax or a Carbon Cap and Share program is announced the one thing that can be assumed is that it will be designed to make money for those who usually make the money all along. To believe that Washington or London have developed a more altruistic nature and suddenly want to save the world, is to deny decades of Political and economic history. The road to discovering the real truth behind the plan is to follow the money, the players and the science.

On the Change.gov website there was a news release about the Bi-partisan Governors Global Climate Summit in Los Angeles, California. Among the attendees were Governors Rod Blagojevich (IL) and Arnold Schwarzenegger (CA). (The Terminator and The Auctioneer were playing their part in the birthing of the new “impending disaster” just as much as Condi Rice, Bush and Rumsfeld played their part in creating the “Mushroom Cloud” scenario with Iraq).  Mr. Obama had prepared a speech to address the conference via video. From the speech:

“Few challenges facing America – and the world – are more urgent than combating climate change. The science is beyond dispute and the facts are clear. Sea levels are rising. Coastlines are shrinking. We’ve seen record drought, spreading famine, and storms that are growing stronger with each passing hurricane season.”

We are presented with a doomsday scenario that seems to pale in to insignificance compared to the current Financial Armageddon which is approaching with ever greater speed. Action must be taken or otherwise we will be paddling canoes to the food shelter next year. The statement is meant to scare the population in to accepting more control over their lives by presenting themselves as the Saviors.  The statement is actually a motley collection of disproved assumptions. The consensus on Global Warming is seriously fragmented and former IPCC scientists are coming out of the organization in droves. They attest to political manipulation, gross misrepresentation of scientific studies to comply with the official line and a Heretic hunt for the unbelievers reminiscent of the Dark Ages. Climate skeptics have been likened to “Flat Earthers”. The irony in this is that the Earth was found to be round by using scientific deduction whereas Global Warming has been concocted through the selective manipulation and outright falsification of scientific data.

The recent Global Warming conference in Poznan in Poland was visited by 650 eminent scientific minds to refute the very basis of the Global Warming debate. Though Al Gore had said previously that the facts are in and the debate is over, it would seem he has a long way to go before he convinces everybody. The statements of these scientists have been compiled in to a minority report on the U.S. Senate committee on Environment and Public Works. Here are some of quotes..

“Anyone who claims that the debate is over and the conclusions are firm has a fundamentally unscientific approach to one of the most momentous issues of our time.”  - Solar physicist Dr. Pal Brekke, senior advisor to the Norwegian Space Centre in Oslo. Brekke has published more than 40 peer-reviewed scientific articles on the sun and solar interaction with the Earth.

“The models and forecasts of the UN IPCC "are incorrect because they only are based on mathematical models and presented results at scenarios that do not include, for example, solar activity.” - Victor Manuel Velasco Herrera, a researcher at the Institute of Geophysics of the National Autonomous University of Mexico  

“The Kyoto theorists have put the cart before the horse. It is global warming that triggers higher levels of carbon dioxide in the atmosphere, not the other way round…A large number of critical documents submitted at the 1995 U.N. conference in Madrid vanished without a trace. As a result, the discussion was one-sided and heavily biased, and the U.N. declared global warming to be a scientific fact,” Andrei Kapitsa, a Russian geographer and Antarctic ice core researcher

“For how many years must the planet cool before we begin to understand that the planet is not warming? For how many years must cooling go on?" - Geologist Dr. David Gee the chairman of the science committee of the 2008 International Geological Congress who has authored 130 plus peer reviewed papers, and is currently at Uppsala University in Sweden.  

“Creating an ideology pegged to carbon dioxide is a dangerous nonsense…The present alarm on climate change is an instrument of social control, a pretext for major businesses and political battle. It became an ideology, which is concerning.” - Environmental Scientist Professor Delgado Domingos of Portugal, the founder of the Numerical Weather Forecast group, has more than 150 published articles.

“The [global warming] scaremongering has its justification in the fact that it is something that generates funds.- Award-winning Paleontologist Dr. Eduardo Tonni, of the Committee for Scientific Research in Buenos Aires and head of the Paleontology Department at the University of La Plata.

Look at the report linked above to see all the observations made on the current debate which Al seems to think has been settled. A group of these scientists also sent a letter dated 14 July this year to the U.N. Secretary General to “ask you to redress the lack of scientific integrity of the UN’s Climate Change Panel (IPCC) and to stop making reactionary and futile ‘Climate Change’ recommendations that hold back the developing world.” As an addendum to the latter data is included that disproves the assertions of the IPCC and exposes grave manipulation and outright fraud. Yes Al, the facts are in and the debate is far from over.

If we assume that Global Warming is indeed a political potpourri of half truths and lies, then we have to see why so much trouble has gone in to its creation. One simple answer?  Money. When we look at the campaign donors to Obama’s campaign, you could be forgiven your inevitable cynicism when we see the list contains the biggest players on Wall St. (Click image to enlarge)

 

JPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley have already benefitted enormously from the T.A.R.P... JP Morgan Chase used some of it to buy Washington Mutual for $1.9 Billion and Bear Sterns $1.1 billion. JPMorgan along with Goldman Sachs control the Depository Trust & Clearing Corporation which is responsible for reporting on the derivatives market. Citigroup after receiving Billions in taxpayer money to try and get them out of a hole, have been using the money to create new derivatives that will be overseen by the DTCC. The interdependence between these Wall St. giants and their revolving door with Government power has been amply demonstrated by the policies of Ben Bernanke and Henry Paulson. While there was unlimited money for the banking giants, the taxpayer was ignored and robbed. These are the same players who financed the new administration and packed the ranks of Obama’s transition team with its acolytes.  Remember Obama voted without hesitation for the Bailout Bill and encouraged his fellow democrats to do likewise. So what does Obama owe his benefactors?

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http://meltdown101.livejournal.com

An Irishman born in Dublin in 1959 now living in France for the last 8 years. I write on Economics and Politics.

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